Alternative Energy Partners announces stock dividend
Alternative Energy Partners, Inc. /quotes/comstock/11k!aegy (AEGY 0.54, +0.12, +28.57%) has announced that it will be issuing and completing a stock dividend on its common shares. There will be a distribution of 3 additional shares for each share outstanding as of the record date, which is set at July 8, 2010. Alternative Energy Partners currently has 49,547,000 shares outstanding. The issuance of the dividend will increase the total shares outstanding to 198,188,000.
About Alternative Energy Partners, Inc.
Alternative Energy Partners (“AEGY”) is focused on sourcing, marketing and distributing renewable alternative energy solutions. Through its wholly owned subsidiary, Sunarias(TM) Corporation (www.sunarias.com), AEGY provides on-site solar-thermal energy that allows businesses to reduce energy costs. AEGY’s goal is to offer a full portfolio of high-performance energy solutions for homes and businesses of all sizes.
Alternative Energy Partners is publically traded on the NASDAQ OTC (OTCBB) under the symbol AEGY. For more information please visit www.aenergypartners.com.
Tags: alternative, alternative energy solutions, common shares, distribution, energy costs, energy partners, high performance, Inc, nasdaq otc, solar, solar thermal energy, subsidiary, thermal
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