False Media Reports Prompt AEHI to Correct News of Former CEO Stock Distribution - InvestingChannel

False Media Reports Prompt AEHI to Correct News of Former CEO Stock Distribution

In fact, as reported by AEHI’s stock transfer agent, Gillispie’s stock was gifted, not sold, to various entities, with a vast majority of the shares being donated to a local church. An AEHI representative shared this information with a reporter from the CBS television affiliate in Boise Shareholders should understand the Form 4, filed by Gillispie, lists the stock value of $0.0025

AEHI remains dedicated to its proposed project of building a nuclear power plant in Payette County About Alternate Energy Holdings, Inc. (http://www.aehipower.com) — Alternate Energy Holdings develops and markets innovative carbon-free energy sources. The company is the nation’s only publicly traded independent nuclear power plant developer seeking to build a new nuclear power plant; Idaho Energy Complex is the lead project. Other business units include Energy Neutral(R), which reduces energy demands for homes and businesses using primarily renewables (http://www.energyneutralinc.com) and Green World Water(TM), which markets nuclear desalination reactors primarily to developing countries for production of potable water, power generation and other suitable applications (http://www.greenworld-h2o.com).

Safe Harbor Statement: Statements in this press release which are not purely historical, including statements regarding Alternative Energy Holdings’, intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. . The forward-looking statements involve risks and uncertainties including, but not limited to, the risk the company may not raise sufficient money to fund the costs and expenses of the COLA application process, the risk that the company may experience delays in the COLA application process and the risk that the COLA application will not receive regulatory approval. Our business could be affected by a number of other factors, including the risk factors listed from time to time in the company’s SEC reports including, but not limited to, the annual report on Form 10-K for the fiscal year ended December 31, 2