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Replies to post #132212 on Alternative Energy Partners Inc (AEGY)
I-Glow
10/10/14 11:46 AM
#132213 RE: Stockhermit #132212
During the year ended July 31, 2012 and to date, we continued our business development activities with the acquisition of Clarrix Energy, LLC. Due to limited working capital, we have been unable to implement the planned activities or Shovon and Sunarias, and have decided to close those operations in order to concentrate our efforts and limited funds on Clarrix and the new acquisitions we have planned.
In May, 2013, the Company agreed to acquire the PharmaJanes marketing operation from iEquity Corp. and will be changing its business model to focus purely in the medical marijuana marketing space. AEGY will be changing its name to PharmaJanes, Inc