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blademan

07/21/11 4:04 PM

#7164 RE: Grand_Nagus #7163

Grand_Noogy...take your .036's and be happy. It's all good. Much more green to come here... and I'll have the last laugh all the way to da BANK!!! Bwuaahhhaa!

Hydrospirit

07/21/11 5:43 PM

#7170 RE: Grand_Nagus #7163

Material Event requires 8K:

IMO we will see an 8-K next week, with a high potential for additional details.

-- Both of the principals of Arizona Independent Power (AIP) started the Company in 1997, and IMO the company was formed specifically for this project, the permitting for which was first applied for in 2000. Draw your own conclusions as to the longevity of their commitment to its success.

-- Tucson Electric Power, the Salt River Project and APS control between them Arizona's power supply. I have paid both TEP and APS at one time or another for my own personal power. They repeatedly affirm in mailings and through other information channels their shared commitment to renewable energy sources. From the APS website(http://www.aps.com/main/green/choice/choice_82.html):


"With energy needs of customers expected to be 50 percent higher in 2025 than they are today, APS is planning to accelerate the amount of renewable energy in its generation portfolio.
Over the next 15-20 years, Arizona's largest and longest serving energy service provider is expected to add more than 1,600 megawatts of renewable resources -- enough to power 400,000 homes."



AIP is domiciled in NV, and registered in AZ as a foreign corporation

-- Arizona SOS for AIP: http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/corp-detail.p?name-id=F08247095

Incorporation Date: 11/26/1997

FRANK L MAZZONE
PRESIDENT/CEO
957 FAIRWAY DR
SONOMA,CA 95476-3707
Date of Taking Office: 11/26/1997

JOSEPH E TEGDA
SECRETARY
3000 CRADLE MOUNTAIN DR
LAS VEGAS,NV 89134-7517
Date of Taking Office: 11/26/1997

JOSEPH E TEGDA
TREASURER
3000 CRADLE MOUNTAIN DR
LAS VEGAS,NV 89134-7517
Date of Taking Office: 11/26/1997

Shares of the Company are issued, 30% (2250) to each of the above principals, 2250 to Morris Children's Family Trust and the remaining 10% (250) unissued.

IMHO there are many critical details that an 8-k may reveal:

-- Do to AIP being private, we do not know yet what assets are being acquired. This may involve technology rights, which would add critical value.

-- It was PR'ed as an acquisition, NOT a JV or contract. What are the details of the acquisition?

Have a great night!

hydro