Birds of a Feather, Part 2:

From the Dec 13, 2006, Owyhee Avalanche: (highlighting added)
"Gillispie also told The Owyhee Avalanche last week that the power plant’s construction —which would be handled by local workers and what the former nuclear energy executive called“imported” labor — would create as many as 10,000 jobs. Gillispie said about 500 high-paying jobs would be created once the plant began operation. Gillispie said his group, which includes River Rural Electric Cooperative, is looking at a large piece of private property in an undisclosed part of the Bruneau area, but no details are set. Gillispie, who admitted he hasn’t even seen the land, said a siting test to examine if the environment would support a power plant would take place early next year. Any land sale would be contingent on the results of that testing, he said.  “We have to confirm the water (rights). That’s Step 1,” Gillispie said. “We have to make sure it’s high enough above the river for a 100-year flood plain. … There’s seismic testing, too.”
Another part of the preliminary work, Gillispie said, is soil testing to ensure that nothing from the plant could seep into the ground and affect nearby wells or the aquifer.
Idaho native Robert Sparrow, a former insurance company owner and current president of the River Rural Electric Cooperative, is involved in securing land and water rights for the $1.5 billion to $2 billion project.  The 79-year-old Sparrow, who now lives in the Salt Lake City area, said last week that the River Rural  Electric Cooperative grew out of an attempt more than 30 years ago to build a nuclear power plant in Owyhee County. “We were working with Westinghouse Electric then they took out bankruptcy,” Sparrow said of his initial attempt to bring nuclear energy to the county."

And here are AEHI CEO Don Gillispie's own words about "Bob" Sparrow, from a deposition in his pending lawsuit on yet another in an as yet unbroken string of failed land purchase transactions. (Document here.) (highlighting added)
Q. You said a group of farmers contacted you.  Who-
A. The only guy I really knew- it was the guy that I remember is Bob Sparrow, and he was an older gentleman.
Q. Where is he from?
A.  He lived in Salt Lake at the time.  He's retired.  But he had farmed, and I guess, some friends of his farmed up here, and they had formed a co-op.  But they didn't have any electricity or any power source.  It was just in name only.
Q.  And when was this?  When were you first contacted by Bob Sparrow?
A.  Late 2006.
Q.  And how did Mr. Sparrow find out that you were seeking to build a nuclear power plant?
A.  Well, we've been making press releases as a public company, in part, to tell what we're doing.  So we made a press release that that's what we formed, and that's what  we're trying to do.  And I guess he had seen it some way, because word got around.  And then he went on our website.  And said, they had tried to get a coal plant to run successfully.  I don't know any details about that.  And I said, you know, this will take a long time.  This is not an overnight venture.  And he said, maybe our kids will benefit from it.  Will you come?  And I said, sure.  And that's how I got out here.
Q.  Okay. And that was, you said, in late 2006?
A.  Yes, December comes to mind, but...
Q  And what was the name of Mr. Sparrow's company or group?
A.  I think it was called River Rural Co-Op.
Q.  And where were they located?
A.  Technically, here in Idaho, around Bruneau. Actually, where they -- they were an LLC.  I'm not sure exactly where they set their LLC in Idaho.  I don't know.
Q.  What was the nature of the transaction that you were contemplating with Rural River Co-Op and Alternate Energy Holdings?
A.  They wanted me to build a plant out here.  They had some property they thought was suitable.  And obviously, they wanted to do some kind of joint venture, where they got power, and they got ownership in the project in exchange for helping me get a site and get going up here.
Q.  And this site was located somewhere near Bruneau?
A.  Yes, just right around the Snake River as you go out 51 to Bruneau.

So, it turns out the "group of farmers" Don tells us contacted him is actually Robert Sparrow.  Don doesn't like to talk much anymore about his friend Bob Sparrow, the "only guy I really knew" and recipient of 15,000 AEHI shares in November 2007. Why not? Read on.

Meet Robert Sparrow, currently listed as the "President and Director" of "River Rural Electric Cooperative", according to documents filed with the Idaho Secretary of State.

From Page 3 of the May 1966  SEC Digest:
ROBERT SPARROW RESTRAINED. The SEC Denver Regional Office announced May 5 (LR-3501) the entry of a Federal court order (USDC, Salt Lake City) permanently restraining Robert D. Sparrow, of Phoenix and Salt Lake City, from further violations of the anti-fraud and registration provisions of the Securities Exchange Act. Sparrow consented to the entry of the order.

From page 3 of the October 1991 SEC Digest:
COMPLAINT FILED AGAINST ROBERT SPARROW
The Commission announced the filing of a complaint in the U.S. District Court for the District of Utah on September 27 seeking injunctive relief against Robert D. Sparrow (Sparrow). The complaint seeks to enjoin Sparrow from violating the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 and to permanently bar him from serving as an officer or director of any reporting company under Section 20(e) of the Securities Act and Section 2l(d){2) of the Exchange Act. The complaint alleges that Sparrow prepared a Rule 15c2-ll information statement for Noble Tech International, Inc. (Noble Tech), dated September 30, 1989, which information statement contained false and misleading information concerning Noble Tech's claim to patent rights to a fusion engine. Sparrow also prepared false and misleading financial statements for Noble Tech and attached a forged certified public accountant's report to those financial statements. These financial statements, along with the forged auditor's report, were included in the Rule ISc2-11 information materials. {SEC v. Robert D. Sparrow, Civil Action No. 91-C-I024V, USDC, D. Utah] (LR-13011)

From page 2 of the February 1993 SEC Digest:
ROBERT SPARROW CONSENTS TO A PERMANENT INJUNCTION
The Commission announced that on January 4, 1993 the Honorable David Sam, U.S. District Judge for the District of Utah, entered an order of Permanent Injunction against Robert D. Sparrow (Sparrow) of St. George, Utah, the past president and director of Noble Tech International, Inc. (Noble Tech). Sparrow consented to the entry of the order without admitting or denying the allegations of the complaint.The order enjoins Sparrow from violating the antifraud provisions of the federal securities laws and permanently bars him from serving as an officer or director of any issuer having a class of securities registered pursuant to Section 12, or required to file reports pursuant to Section lS(d) of the Securities Exchange Act of 1934. The complaint, which was filed on September 27, 1991, alleges that Sparrow, a previously enjoined securities violator, prepared a Rule l5c2-ll information statement for Noble Tech which was filed with the National Quotation Bureau in December 1989. The Rule lSc2-11 materials contained false and misleading information concerning Noble Tech's claim to ownership of rights to a patent for a revolutionary fusion engine.Sparrow also prepared false and misleading financial statements for Noble Tech. Attached to these financials was a forged certified public accountant's report.These financial statements, along with the forged auditor's report, were included in the Rule lSc2-11 information materials. [SEC v. Robert D. Sparrow, Civil Action No. 91-C-I024S, USDC, D. Utah] (LR-13510)

From this 10th Circuit Court of Appeals Case:
"In November 1995, Mr. Sparrow plead guilty to one count of wire fraud. He later unsuccessfully sought to withdraw his plea, and was sentenced to twenty-four months imprisonment followed by three years supervised release."

So, to recap- a man permanently barred by the SEC for multiple securities violations, contacts Don Gillispie to see if they can team up in a joint venture to build a nuclear power plant on land Don has not even seen.  And Don's response?  "Sure."

"And that's how I got out here."- AEHI CEO Don Gillispie