What "Pretty Don" says to attract investors in public:
From Don's blog, a "Letter to Investors": 9/11/2009
"We have a funding commitment from Source Capital for the site."
"Further, we have a large energy trust that is willing to loan us up to $5 billion for the plant construction phase."
Don's tool, Dan Hamilton, on the AEHI blog: 1/21/2010
"Last summer AEHI announced an agreement with an investment group to fund $70 million worth of the project and now we have several large international investors also interested."
"The land then becomes an asset used to borrow $5 billion to $8 billion for construction."
From AEHI's Private Placement Memorandum of 3/31/09:
"The project is funded and seeking NRC approval"
What "Don #2" says, buried in the fine print of ten consecutive quarterly or annual SEC reports:
10-Q, 9/30/08 There are no commitments for loans as of this date.
10-K, 12/31/08 There are no commitments for loans as of this date.
10-Q, 3/31/09 There are no commitments for loans as of this date.
10-Q, 6/30/09 There are no commitments for loans as of this date.
10-Q, 9/30/09 There are no commitments for loans as of this date.
10-K,12/31/2009 There are no commitments for loans as of this date.
10-Q, 3/31/10 We have no commitments for any financing as of the date of this report.
10-Q, 6/30/10 We have no commitments for any financing as of the date of this report.
10-Q, 9/30/10 We have no commitments for any financing as of the date of this report.
On easily accessed blogs and in his blizzard of press releases, Don says one thing. Buried in the fine print of his SEC filings, he says quite another.
"Unethical and deceptive," perhaps?
You Decide.
"Someone has to hold them accountable"- AEHI CEO Don Gillispie
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