{"id":24991,"date":"2014-06-06T11:26:41","date_gmt":"2014-06-06T15:26:41","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=24991"},"modified":"2014-06-06T11:26:41","modified_gmt":"2014-06-06T15:26:41","slug":"sec-halts-trading-of-alternative-energy-partners-inc-otcbbaegys-stock","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/sec-halts-trading-of-alternative-energy-partners-inc-otcbbaegys-stock-24991","title":{"rendered":"SEC Halts Trading Of Alternative Energy Partners Inc (OTCBB:AEGY)&#8217;s Stock"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 06\/06\/2014 (wallstreetpr) \u2013<b> <\/b>The U.S. Securities Exchange Commission (SEC) has suspended trading of <b>Alternative Energy Partners Inc (OTCBB:AEGY)<\/b>. The temporary suspension is based on questionable issues surrounding the company. The company provides support services to the medical marijuana sector, yet there have been more questions than answers concerning its business activities.<\/p>\n<p style=\"text-align: justify;\">The suspension declared today will stay until June 19, 2014 as SEC looks into the issues raised about the company. As usual, the suspension duration can be longer or shorter depending to how the investigations proceed.<\/p>\n<p style=\"text-align: justify;\">In addition to halting the trading of the stock of AEGY, SEC has also called on brokers, dealers or other people with useful information about the questionable business activities of the company to come forward and provide them to regional director or assistant regional director in Philadelphia Regional Office.<\/p>\n<p style=\"text-align: justify;\"><b>The gist of the matter<\/b><\/p>\n<p style=\"text-align: justify;\">According to SEC, there is a lack of current and accurate information about Alternative Energy Partners Inc (OTCBB:AEGY). The questionable details about the company touch on its business activities, control and trading its securities.<\/p>\n<p style=\"text-align: justify;\">As such, SEC has cautioned brokers, dealers, shareholders and potential investors to be careful when approaching investment or business dealings relating to the company.<\/p>\n<p style=\"text-align: justify;\">The latest developments come just after Alternative Energy Partners Inc (OTCBB:AEGY) provided details about its office location that raised eyebrows. The AEGY told SEC its offices are located in a posh business building in Boca Raton. It turned out that the same address is offered by<strong> True 2 Beauty Inc (OTCMKTS:TRTB) and Medefile International Inc (OTCMKTS:MDFI)<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><b>Financial scare<\/b><\/p>\n<p style=\"text-align: justify;\">In its most recent financial details, AEGY provided details that turned out to be a big scare to those who cared to take a closer look. On March 24, the company published its cash position as $89, total assets as $6,000 and total liabilities as $1.8 million. The company reported no revenue since inception and total net loss since inception of $10.2 million.<\/p>\n<p style=\"text-align: justify;\">In addition to Alternative Energy Partners Inc (OTCBB:AEGY), SEC has also suspended trading of SK3 Group Inc (OTCMKTS:SKTO).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 06\/06\/2014 (wallstreetpr) \u2013 The U.S. Securities Exchange Commission (SEC) has suspended trading of Alternative Energy Partners Inc (OTCBB:AEGY). The temporary suspension is based [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":21341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[5401,7146,5403,7148,7147,7145],"stock_ticker":[],"class_list":["post-24991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-alternative-energy-partners-inc-otcbbaegy","tag-medefile-international-inc-otcmktsmdfi","tag-otcbbaegy","tag-otcmktsmdfi","tag-otcmktstrtb","tag-true-2-beauty-inc-otcmktstrtb","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Halts Trading Of Alternative Energy Partners Inc (OTCBB:AEGY)&#039;s Stock  - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/sec-halts-trading-of-alternative-energy-partners-inc-otcbbaegys-stock-24991\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC Halts Trading Of Alternative Energy Partners Inc (OTCBB:AEGY)&#039;s Stock  - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 06\/06\/2014 (wallstreetpr) \u2013 The U.S. Securities Exchange Commission (SEC) has suspended trading of Alternative Energy Partners Inc (OTCBB:AEGY). 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