Replies to post #594 on Alternate Energy Holdings (fka AEHI)

[Stock]

Ruh roh:

...According to the SEC’s complaint filed today in federal district court in Boise, AEHI’s fundraising was facilitated by a scheme to drive up the company’s stock price, both through frequent press releases (at least 87 in 2010 alone) and efforts of paid stock promoters to manipulate the stock price. The SEC alleges that the company has made multiple misrepresentations, including claims that its executives had such confidence in AEHI that they had not sold a single share of company stock. Records obtained by the SEC show that Gillispie and Ransom have instead secretly unloaded extensive stock holdings and funneled the money back to Gillispie...

[overachiever]

According to the SEC’s complaint filed today in federal district court in Boise, AEHI’s fundraising was facilitated by a scheme to drive up the company’s stock price, both through frequent press releases (at least 87 in 2010 alone) and efforts of paid stock promoters to manipulate the stock price. The SEC alleges that the company has made multiple misrepresentations, including claims that its executives had such confidence in AEHI that they had not sold a single share of company stock. Records obtained by the SEC show that Gillispie and Ransom have instead secretly unloaded extensive stock holdings and funneled the money back to Gillispie.

Hmm. Looks like they might be getting ready to go after the promoters as well for distributing all of that bogus information during the pump.

[scion]

Pacer update 17 Dec 10 : 1:10-cv-00621-EJL Securities and Exchange Commission v. Alternate Energy Holdings, Inc et al

https://ecf.idd.uscourts.gov/cgi-bin/iquery.pl

Edward J. Lodge, presiding
Date filed: 12/16/2010
Date of last filing: 12/16/2010

Case Summary
Office: Boise - Southern
Filed: 12/16/2010
Jury Demand: None
Demand:
Nature of Suit: 850
Cause: 15:77 Securities Fraud
Jurisdiction: U.S. Government Plaintiff
Disposition:
County: Ada - Southern
Terminated:
Origin: 1
Reopened:

Lead Case: None
Related Case: None
Other Court Case: None
Def Custody Status:

Plaintiff: Securities and Exchange Commission
represented by Mark Philip Fickes
Phone: [phone]
Email: [e-mail]

Defendant: Alternate Energy Holdings, Inc
Defendant: Donald L Gillispie
Defendant: Jennifer Ransom
Defendant: Bosco Financial, LLC
Defendant: Energy Executive Consulting, LLC

Date Filed # Docket Text

12/16/2010 17 ORDER RE: PRELIMINARY INJUNCTION AND ORDER TO SHOW CAUSE( Show Cause Hearing set for 2/3/2011 09:30 AM in Boise - Courtroom 2 before Judge Edward J. Lodge.),. Signed by Judge Edward J. Lodge. (caused to be mailed to non Registered Participants at the addresses listed on the Notice of Electronic Filing (NEF) by dks)

12/16/2010 14 REDACTED DECLARATION of Allan Waldron re 3 EX PARTE MOTION filed by Securities and Exchange Commission. (dks)

12/16/2010 13 Sealed R-Z Re: 3 EX PARTE MOTION. (dks)

12/16/2010 12 Sealed Exhibits O-P Re: 3 EX PARTE MOTION. (dks)

12/16/2010 11 Sealed Exhibits ll-00-05 Re: 3 EX PARTE MOTION. (dks)

12/16/2010 10 Sealed Exhibits AA-HH Re: 3 EX PARTE MOTION. (dks)

12/16/2010 9 Sealed Exhibit Q Part 2 Re: 3 EX PARTE MOTION. (dks)

12/16/2010 8 Sealed Exhibit Q Part 1 Re: 3 EX PARTE MOTION. (dks)

12/16/2010 7 Sealed Exhibits A-N Re: 3 EX PARTE MOTION. (dks)

12/16/2010 5 Sealed Document Re: 3 EX PARTE MOTION. (dks)

12/16/2010 4 Sealed Document Re: 3 EX PARTE MOTION. (dks)

12/16/2010 2 Summons Issued as to Alternate Energy Holdings, Inc, Bosco Financial, LLC, Energy Executive Consulting, LLC, Donald L Gillispie, Jennifer Ransom. (Print attached Summons for service.) (Attachments: # 1 Summons Issued, # 2 Summons Issued, # 3 Summons Issued, # 4 Summons Issued)(dks)

12/16/2010 1 COMPLAINT against Alternate Energy Holdings, Inc, Bosco Financial, LLC, Energy Executive Consulting, LLC, Donald L Gillispie, Jennifer Ransom, filed by Securities and Exchange Commission. (Attachments: # 1 Cover Sheet, # 2 Summons for Bosco Financial, LLC, # 3 Summons for Energy Executive Consulting, LLC, # 4 Summons for Jennifer Ransom, # 5 Summons for Donald L. Gillispie, # 6 Summons for Alternate Energy Holdings, Inc (dks)

https://ecf.idd.uscourts.gov/cgi-bin/iquery.pl