Replies to post #135137 on Alternative Energy Partners Inc (AEGY)

[2tommy2]

Are they allowed to change their weekly special? They have to be out of Green Poison by now. I guess they don't if they never sold any.

[TOM611]

G V you. Are correct

[I-Glow]

You are confused about dispensaries and their reporting responsibilities.

All dispensaries have to report revenue or they would be guilty of tax evasion.

Pharmajanes didn't report any revenue as can be seen in the last financial report that AEGY filed.

Being a non-profit doesn't mean you can't be profitable. Any profit is to be dispersed to the members of the co-op.

State law explicitly allows distribution of medical marijuana through non-profit "collectives" or "cooperatives." This is the way storefront dispensaries should be organized. While some dispensaries are currently organized otherwise, as sole proprietorships, partnerships, or for-profit businesses, such arrangements are not advisable, since they are not permitted under SB 420 or the Attorney General's guidelines.

You posted numerous times you have made a purchase from Pharmajanes but oddly you could never provide a screenshot of the receipt.

I am fairly certain that Pharmajanes doesn't sell anything but heartache for shareholders.

IG

[PRmaniac]

AEGY - no revenue/no sales/no profit, not currently doing any business at all, per AEGY.

AEGY has now gone into hiding and is not even putting out any info to shareholders or regulators.