Replies to post #99595 on Alternative Energy Partners Inc (AEGY)

[Emerald road]

Great info USM. Don't see any smoking gun issue here besides not filing in Alberta. I heard they were also suspended on the Timbuktu market as well.

[I-Glow]

You posted a link to the 8-K filing from AEGY that the Alberta Securities Commission says is materially misleading - meaning AEGY was being deceptive - the 8-K was filed to intentionally mislead.

I have never seen the ASC take the extraordinary measure of issuing a press release to call out a company for intentionally trying to mislead the SEC and the shareholders - the is devastating for AEGY - as many will soon see.

On 01/15/2014 the ASC issued a trading halt to AEGY.

And on 02/28/2014 ASC issued the press release calling out AEGY for misleading the SEC.

In a Form 8-K filed by Alternative Energy Partners, Inc. with the Securities Exchange Commission (SEC) on February 10, 2014, Alternative Energy Partners Inc. made certain statements about the ASC which, in the ASC’s view, were materially misleading.

To date, the ASC has not been contacted by or received any correspondence from Alternative Energy Partners, Inc. concerning the cease trade order imposed by the ASC on January 15, 2014 or for any matter since that date. The ASC has made multiple attempts to communicate with Alternative Energy Partners, Inc. regarding the cease trade order based on the contact information provided on OTCMarkets.com and their SEC filings. However, our email message and courier package were returned undelivered due to invalid addresses and our telephone message has not been returned.

The problem is that the SEC is working with the ASC to expose these share selling schemes - in the SEC press release where they suspended Suburban Minerals Corp - they specifically acknowledged the ASC:

The SEC acknowledges the assistance of the Alberta Securities Commission, Quebec Autorité des Marchés Financiers, and the British Columbia Securities Commission in this matter.

These are the facts - and AEGY will be suspended - with this and Hipple still being involved - there is no chance AEGY survives.

IG