Member Info for Phantomer

With so many of U stating the obvious - well hoping larger diamonds will surface....there is a drop in sp of 4.17% today?

Received from brokers today... With reference to your holding of 'xxxxxxxxxx' Alternative Energy Ltd shares, we write to advise you that dealing in the company's shares was suspended on 07 April 2015 & that the company's listing on the Alternative Investment market (AIM) has now been cancelled with immediate effect, pursuant to AIM Rule 1. There is now no market upon which to deal your ALR shares. The board is working with the company's creditors & potential investors to try to secure the company's future & if any further information is received, we will write to advise you. So it would appear that E2000 may be correct & there maybe light at the end of the tunnel - unless YOU know differently.

; 30 March 2015 ALTERNATIVE ENERGY LIMITED (the "Company") Status Update Due to the significant amount of market activity during the last few weeks the Board feels that it is appropriate to provide an update on the Company's current status. Firstly, the Company is under considerable funding pressure as drawdowns under the Company's convertible note programme ("Program") (as announced on 1 April 2014 in the Company's Interim Results) are currently on hold whilst the Company seeks to get back on the SETS platform for trading. Being on the SETS trading platform is a condition of the Company's Program which condition was complied with at the time the Program was entered into. The Company was taken off the SETS platform whilst its shares were suspended last year and has been seeking to re-join that platform with the assistance of its brokers. Despite efforts, this has so far not been resolved but, in the meantime, the Chairman has continued to fund minor bills but has been unable to provide major funding to supplement the Program or pay its larger creditors. The Company is engaged in other funding discussions but these have not yet come to fruition. The combination of this has been to put the Company under considerable pressure and the Company is currently urgently exploring other means of raising interim funding to pay for its ongoing operations and settle outstanding sums due to its creditors. The Company has taken drastic measures to eliminate expenditure which have included not renewing the Company's lease of its Singapore premises, cutting staff and changing the terms of the contracts of remaining staff to reduce costs. All directors' salaries are being frozen until the Company's circumstances change. The Company is continuing to work on the sales of its products, in particular its street lights which are currently being tested in the UK by a number of different potential customers. Tests have so far been positive and orders are being pursued. The Company has also commenced preliminary discussions with a number of different parties with a view to acquiring additional businesses or projects which could secure the Company's future. These discussions may lead to a substantial further issue of shares in exchange for an asset or business and may result in a reverse takeover of the Company. In the meantime, the Board are working with the Company's creditors and potential investors in order to enable the Company to continue to trade but the market should be aware that failure to either restore funding to the Company through the Program, or find additional funding or a suitable acquisition in the near term will mean that the Board may need to request a suspension in the shares of the Company. The Board hopes to clarify the Company's position shortly and in the meantime, extreme caution is therefore

...just words to pacify - in order to recover as much capital as possible from unsuspecting shareholders. Unless you know different...?

We are sorry to announce that as of the 8th May 2015 we will be closing down this portfolio section of the site. Should you wish to contact us please email feedback@xxxxxxxxxx.com. The Share Centre will continue to administer the Trader and the Frequent Trader sharedealing accounts. However, the xxxxxxxxxxxx Portfolio will not be available as part of this service.

Mr. Christopher George Edward Nightingale is Executive Chairman of the Board of Alternative Energy Ltd. A solicitor by profession, Mr. Nightingale was, until 31 07 2008, the Executive Deputy Chairman of Global Voice Group Limited (www.globalvoice.com) (now renamed Eunetworks Ltd), a company that he co-founded with Noel Meaney in 2002 and which is listed on the Singapore Securities Exchange Trading Limited (SGX-ST). Mr. Nightingale resigned his position at Global Voice in order to concentrate on the development of Alternative Energy Ltd. Before going into business in 1997 and subsequently developing Global Voice Group, Mr. Nightingale was in legal practice, gaining admission as a solicitor in England in 1983 and in Hong Kong in 1988. He practiced in London with Linklaters until 1987 before moving to Hong Kong, where he practiced as a senior assistant with Baker and McKenzie before becoming a partner in the Hong Kong office of Lovells. His legal practice encompassed a wide range of corporate and corporate finance work. He was the co-author of the textbook Joint Ventures (Longmans 1990 with Linklaters & Paines). Dr. Goh Swee Ming is Executive Director of Alternative Energy Ltd. Dr. Eric Goh was the founder and sole shareholder of Renewable Power Pte Ltd before it was acquired as a fully owned subsidiary by Alternative Energy Limited. Dr. Goh is an experienced research scientist and engineer and holds a PhD in Business Management, an MSc in Information Studies and a Bachelor of Engineering (Mechanical). Earlier in his career, he was the Director for Research Development for a Singapore based research institute. He has 17 years of experience in the defence engineering industry, specialising in operational maintenance and logistics support, and design & development of land platform systems. Mr. Bay Yew Chuan is Non-Executive Director of Alternative Energy Ltd. Mr. Bay is the Vice Chairman of Store + Deliver + Logistics Pte. Ltd., a chemical logistics company formed by him and his partner. He is also currently a board member of the Singapore Chemical Industry Council; Chairman of the Singapore chapter of the Melbourne Business School Alumni; an advisory committee member of the Millennium Institute; and a board member of the Ayer Rajah – Rotary Student Care Center. He is the past president of the Rotary Club of Singapore West from 1993 to 1994, and a recipient of the Rotarian of the Year award in 1992. Mr. Bay graduated from Melbourne University in 1964 with a Bachelor of Engineering (Electrical) and a Masters in Business Administration in 1969. He is a member of the Institute of Engineers (UK) and Fellow of the Institute of Directors (UK). He has extensive experience in the energy industry, manufacturing, and trading. He worked in various countries with Mobil Oil from 1971 to 1982. In the period 1982 to 1996, Mr. Bay was Company General Manager and Director of Amcol Holdings, a public listed conglomerate in Singapore

under the a guise of a different named Co. ??

...With everything that has gone before and the CEO (er...,) promise to do what they can to resurrect ALR - even though there's a long way to go. I am still hopeful that ALR will eventually reappear on AIM. I suggest we all wait until after November 2015. (Here's hoping)

I've just logged in and found the attached info Share Price: 0.0125 Bid: 0.01 Ask: 0.015 Change: 0.00 (0.00%) No Movement on Alternative E. Spread: 0.005 Spread as %: 50.00% Open: 0.0125 High: 0.00 Low: 0.00 Yesterday’s Close: 0.0125 or is this a ghost?

I obviously misinterpreted, but thanks for putting me straight

perhaps you ought to read the attached information and ask yourselves 'do the 920,000,666 shares belonging to CEO C. N. actually exist?' http://familylawhub.co.uk/default.aspx?i=ce3726

something about ALR attempting to obtain finance regarding a 'new' patent for an additional "GREEN" product. Perhaps there is an issue there we are unaware of (you known how long legal wrangling can be) & I just wonder if there is Singaporean/Chinese influence at work here? Whatever which way, I strongly believe ALR will come good in the end - how long it takes is anybodies guess!

...clued up than me, thanks for the 2 previous posts. It's obvious to anyone understanding the huge potential of ALR, that funding will be found. I believe it's just a waiting game regarding the 'testing' issue, but once approved AIM, will have no problem reinstating ALR. I also believe that initially, the SP will be slow to rise, but it will move in a northerly direction. I certainly hope so due to my eggs being in one basket. I wonder if a takeover bid is imminent?

I recall that Companies that get into financial difficulty, then become suspended for a period of time, even though there are plenty of private investors willing to purchase shares. I suspect ALR will do the same & get suspended off AIM. When the Co. finally re-emerges on AIM, they increase the SP ten fold (or whatever) and chop all holders shares by the same 10 fold (or whatever)...i.e. 1,000,000 becomes 100,000 etc. Co.'s also seem to reduce the SP wiping off PI's share values..., but we'll see what happen here? However, I still believe it's worth holding and the SP will be initially - slow to rise.

I recall that Companies that get into financial difficulty, then become suspended for a period of time, even though there are plenty of private investors willing to purchase shares. I suspect ALR will do the same & get suspended off AIM. When the Co. finally re-emerges on AIM, they increase the SP ten fold (or whatever) and chop all holders shares by the same 10 fold (or whatever)...i.e. 1,000,000 becomes 100,000 etc. Co.'s also seem to reduce the SP wiping off PI's share values..., but we'll see what happen here? However, I still believe it's worth holding and the SP will be slow to rise - not a quick profit maker.

Going on the number of your posts & mine, I am 'new' here. Okay, I had been trading via a different website, but recently found LSE that allows traders blog. In the scheme of things, I am new & any assistance with this & that I'm most grateful B-)

Perhaps U can tell, I'm new to all this milarkie so didn't properly understand - thanks for an insight!

My previous screed shows "SELL" so please explain why you think they are all BUYS?

24-Mar-1509:58:220.02555,000,000 Sell* 0.020.041,275O 24-Mar-1509:08:170.0255724,607 Sell* 0.020.04184.77O 24-Mar-1508:43:060.02585,369,669 Sell* 0.020.041,384O 24-Mar-1508:11:260.02581,000,000 Sell* 0.020.04257.70O 23-Mar-1511:06:400.02584,029,457 Sell* 0.020.041,040O 23-Mar-1510:54:160.02583,827,534 Sell* 0.020.04987.50O 23-Mar-1509:58:320.02033,000,000 Sell* 0.020.04609.00O 20-Mar-1516:18:000.02510,000,000 Sell* 0.020.042,500O 20-Mar-1516:18:330.025-10,000,000 Sell* 0.020.04-2,500O 20-Mar-1516:18:330.02510,000,000 Sell* 0.020.042,500O 20-Mar-1516:16:390.0258726,761 Sell* 0.020.04187.50O 20-Mar-1513:47:240.0261,644,243 Sell* 0.020.04427.50O 20-Mar-1511:29:160.026178,501 Sell* 0.020.0446.41O 20-Mar-1511:15:410.0261,000,000 Sell* 0.020.04260.00O 20-Mar-1511:13:110.02622,000,000 Sell* 0.020.04524.00O 20-Mar-1510:48:440.0262358,778 Sell* 0.020.0494.00O 20-Mar-1510:24:040.02632,205,342 Sell* 0.020.04580.00O 20-Mar-1509:38:280.0264267,045 Sell* 0.020.0470.50O 20-Mar-1509:38:210.02643,000,000 Sell* 0.020.04792.00O 20-Mar-1509:33:100.0265256,622 Sell* 0.020.0468.00O 20-Mar-1509:25:550.02673,632,958 Sell* 0.020.04970.00O 20-Mar-1509:25:360.02687,434,701 Sell* 0.020.041,992O 20-Mar-1509:25:020.0268200,000 Sell* 0.020.0453.60O 20-Mar-1509:24:490.02685,000,000 Sell* 0.020.041,340O 20-Mar-1509:22:200.02681,000,000 Sell* 0.020.04268.00O 20-Mar-1509:21:530.02673,632,958 Sell* 0.020.04970.00O 20-Mar-1509:18:570.0268238,446 Sell* 0.020.0463.90O 20-Mar-1509:10:260.0291,900,000 Sell* 0.020.04551.00O 20-Mar-1509:08:130.02681,000,000 Sell* 0.020.04268.00O 20-Mar-1509:06:280.0281,000,000 Sell* 0.020.04280.00O 20-Mar-1509:06:220.0271,000,000 Sell* 0.020.04270.00O 20-Mar-1509:04:150.02755,409,108 Sell* 0.020.041,488O 20-Mar-1509:04:110.02751,000,000 Sell* 0.020.04275.00 20-Mar-1509:03:400.027510,000,000 Sell* 0.020.042,750O 20-Mar-1509:01:260.0281,000,000 Sell* 0.020.04280.00O 20-Mar-1509:00:350.0281,000,000 Sell* 0.020.04280.00O 20-Mar-1509:00:340.0281,500,000 Sell* 0.020.04420.00O 20-Mar-1509:00:290.0282,500,000 Sell* 0.020.04700.00O 20-Mar-1508:59:220.02885,000,000 Sell* 0.020.041,440O 20-Mar-1508:55:160.0293,520,931 Sell* 0.020.041,021O 19-Mar-1515:35:590.02981,000,000 Sell* 0.020.04298.00O 19-Mar-1513:39:050.031,138,333 Sell* 0.020.04341.50O 19-Mar-1511:13:120.02603,905 Sell* 0.020.04120.78O

do they all show in RED as 'SELL' I wonder??