Replies to post #354 on Alternate Energy Holdings (fka AEHI)

[3kiwi]

Great news, Bray! Been some nasty scuttlebutt round the traps that AEHI isn't the real deal, and that directors have been selling into price surges. This announcement puts all that garbage to rest. Can only imagine the size of upcoming deals that would preclude the need for a reverse stock split. In an announcement some time ago they stated NASDAQ was the target exchange. That means either a Tier 1 list at US$5.00, or a Tier 2 list at US$4.00. Bright future ahead.

[Tinroad]

One PR that got overlooked...

probably deservedly so.


Alternate Energy Holdings' Nuclear Power Plant Endorsed by Payette Chamber of Commerce

BOISE, Idaho, Sep 2, 2010 (GlobeNewswire via COMTEX) -- The Payette Chamber of Commerce today announced its official endorsement of Alternate Energy Holdings, Inc. (OTCQB:AEHI) and the company's plan to build a nuclear power plant in Payette County, Idaho.

Over the past year the Chamber and its members have become keenly aware of AEHI and of how the company's endeavors will enhance and improve business and job opportunities in Payette County.

"Nuclear power has proven itself as one of the safest, cleanest and most reliable sources of energy in the world. It is also a tremendous source for jobs, something we desperately need in Payette County. Our unemployment rate currently surpasses the state average and AEHI's proposal would bring thousands of new jobs into our community -- high paying positions that will increase employment opportunities even outside the power plant," said Shelley Creson, Executive Director of the Payette Chamber of Commerce.

"A business like AEHI is exactly what we need in Payette and by extension Payette County. It is the same reason I put my support behind this company. In my opinion, AEHI's leadership is steeped in nuclear power, with people who spent their entire careers in the nuclear industry. They have built and maintained power plants around the nation and I look forward to them bringing that same success to our community. As they succeed, so will our county and the people who live in it," said Jeff Williams, Chamber member and Mayor of Payette.

The Chamber and its members are confident in AEHI's success and look forward to the local approval process, which the Chamber believes will result in a positive result for the company, its shareholders and the people who live in Payette County.

AEHI joined the Payette Chamber of Commerce in early 2010 and has remained an active member since that time.

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[Tinroad]

Strictly FYI:

Chinese company officials meet with leaders of Idaho, energy firms.
Submitted by Rocky Barker on Thu, 09/02/2010 - 12:27pm

Officials of the China National Machinery Industry Corp. met this week with Idaho state, utility and industry officials to show off their ability to design, build and maintain everything from power plants to high transmission lines.

The Chinese-government owned company, called Sinomach for short, is itself a sign of the growing economic and industrial strength China now projects worldwide. For Sinomadch the American West provides many of the same opportunities it already has tapped in places like Africa, India, Pakistan, Indonesia and even Iran.

Sinomach, is China’s third largest contractor with more than $14 billion in sales last year. Jeff Don, President of C3 of Eagle arranged the delegation's visit.

They talked to Idaho Power Co. and Rocky Mountain Power and the Mountain States Transmission Project about building the major transmission lines the two utilities have planned. They also talked with several other Idaho energy and manufacturing companies about projects ranging from coal-gasification, nuclear power to turning biogas into power.

Zhang Chun, director general of the company told state officials the United States represents a big market for Sinomach and that he was happy to get a chance to meet with the companies, arranged in part by Paul Kjellander, director of the Idaho Office of Energy Resources.

The visit underscores the changing face of energy development in Idaho, as well as the interest Chinese companies have in both business and investment here. China’s ability and interest to project itself economically worldwide is remarkable similar to the United States at the turn of the 19th Century.

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