An unauthorized collection of the records of Alternate Energy Holdings, inc., its principals and subsidiaries, and their antics, trials, and tribulations

Former AEHI CEO Don Gillispie

Former AEHI CEO Don Gillispie
OK, everyone, I've got to step out for just a minute. I'll be right back, I promise!

Monday, November 15, 2010

AEHI's 3rd Quarter Results from SEC Form 10-Q Due Today!

AEHI has until the close of business today to file their 10-Q for the period ending September 30.
Highlights to look for:
How many millions of shares were issued, both for cash and for 'compensation'.
Revenue (hah!) for the quarter.
The company's spin on the UniStar lawsuit filed August 16 (during the report period)
AEHI's cumulative losses to date
Statements about any sales pending or made on either the Energy "Neutral" house or their Lagos operations.

The link to check the filings is here.
(And in the handy list at the top of the page above as well.)

4 comments:

  1. Actually they're already past due:

    http://www.sec.gov/answers/form10q.htm

    As company with a float > $75M as of 9/30/10 AEHI had to file its 10q by 11/9/10.

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  2. The Dude has been schooled!

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  3. Maybe not:
    "...as companies that have at least $75 million, but less than $700 million, in public float."
    Public Float defined:
    http://en.wikipedia.org/wiki/Public_float

    "...portion of a company's outstanding shares that is in the hands of public investors, as opposed to company officers, directors, or controlling-interest investors."

    To figure that, we have to subtract the amount the officers and directors have given themselves for all their hard work, then multiply by the current fantasy price and see if that exceeds $75 million.
    Quite a share price for a company that owns an upside down house, some fax machines, computers, and a conference table that probably has someone's butt prints on it.

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  4. That's a good comment. After all the authorized shares increase was approved by 51% of all shareholders by written consent:

    http://www.sec.gov/Archives/edgar/data/1421874/000120445910001751/schedule14c.htm

    My guess: a large proportion of shares was held by Gillispie controlled offshore entities which naturally voted in favor by written consent.

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