Replies to post #2230 on Clean Energy & Power, Inc. (fka KEPI)

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Clean Energy and Power Provides Update on Audit and SEC Filings
Clean Energy & Power, Inc. Common Stock New (USOTC:KEPI)
Intraday Stock Chart
Today : Monday 28 June 2010

Clean Energy and Power, Inc. (PINKSHEETS: KEPI) (www.cleanenergyandpower.com) is providing an update concerning the status of our audit and SEC filings in response to numerous inquiries.

The Company is in the final stage of completing the audits for the years 2008 and 2009 with our auditors and expects to have this work completed by July 9, 2010. Subsequently, during the month of July, the Company expects to file its SEC filings for the periods up through fiscal year end 2009.

The Company expects its filings for the first and second quarter of 2010 will be completed and filed no later than August 15, 2010 at which point the Company will have caught up with all its SEC reporting bringing it completely current and therefore should be back on the OTCBB. Additional information will continue to be provided.

About Clean Energy and Power

The Company is focused on alternative energy opportunities. The Company is dedicated to acquiring fully developed environmental projects and putting them into production. www.cleanenergyandpower.com.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company cautions that these statements are further qualified by important factors that could cause actual results to differ materially from those in the forward looking statements, including, among others, the following: reduced or lack of increase in demand for the Company's products, competitive pricing pressures, and the level of expenses incurred in the Company's operations. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Contact:

Clean Energy and Power, Inc.

Erwin Vahlsing, Jr.

CEO

Tel: [phone]

Fax: [phone]

[e-mail]