Thoughts on AEGY

This is how the press release started today.

Dear Shareholders:

We are pleased to update our shareholders that the letter of intent referenced in our last press releases concerning the impending merger with a company listed on a Canadian Stock Exchange has now been signed, and we are preparing a definitive long form acquisition agreement.

http://www.einnews.com/pr_news/210895809/the-road-ahead-for-alternative-energy-partners-otc-aegy-and-sk3-group-inc-otc-skto-an-update

Is this just another PR from a desparate company trying to get your dollars?

If you read the PR it states a Canadian Exchange, what exchange?  What company?  This seems like the plea from a company trying to go to no bid.  

What happened to the SKTO merger?  What happened to Pharmajames making sales?  They reported zero revenues.  They paid consulting fees to Hipple's firm who was restricted from doing business in securities.

Just another PR without any details.

If any of this is true you can ride it later for a profit, but don't catch a falling knife.

All my humble opinion.

AEGY scam or truth

After trading starts on Friday should have a look what is to come.  They have said a late report on the last quarter financials but will they file and get off the grays somehow or was it a scam?

AEGY

AEGY has been suspended and sent to the grays and will open again on Friday.  The price will be .0001 at the open and there will be massive dumping. I wonder if Pharmajanes is true and if there is a profit and the merger will go forward or not.  If AEGY is finished could there be a reverse merger? No one knows for sure but could be a play.

AEGY

I have told you my concerns about AEGY and today the SEC suspended their trading.