Replies to post #334 on Alternative Energy Partners Inc (AEGY)

[trader53]

Drax Tracks:

If by "AS", you mean After Split (4:1),
and by "os" you mean (outstanding shares),

Below is what I found:


Alternative Energy Partners (AEGY) Stock Dividend
07/09 5:40 am (PR)

Alternative Energy Partners (AEGY) Stock Dividend

MERRITT ISLAND, FLORIDA -- (MARKETWIRE) -- 07/09/10 --
Further to its release dated June 30, 2010, Alternative Energy Partners, Inc. (OTCBB: AEGY) announces that the record date for the common stock dividend announced in that release was the close of business on July 8, 2010. The target effective date is July 19, 2010, pending FINRA approval of the distribution based on the filing of the required OTC Equity Issuer Notification Form on July 9, 2010.

The distribution will be 3 additional common shares for each common share outstanding as of the close of business on July 8, 2010. There were 69,605,205 common shares outstanding on the record date, so the issuance of the dividend will increase the total common shares outstanding to 278,420,820. The expected dividend distribution date for the additional common shares is July 20, 2010.