Member Info for Phantomer

65 Million shares sold today, but I still believe there is an excellent chance the SP will eventually rise from November + once the £280K loan has been repaid. However, if the loan in not repaid in full by November 2015, there is a clause that increases the debt. That is the downside!

it its the Company's history that is causing the problem LONDON (Alliance News) - Alternative Energy Ltd Tuesday said its loss narrowed in the six months ended June 30, 2013, despite revenues dropping by more than half, and it will resume trading Tuesday after being suspended for the past six months. The clean energy technology company's shares have been suspended since October 1, 2013, pending the release of its half-year results. The company had said back in December last year that it was undertaking negotiations which may result in further operational transactions and raising of additional capital. It said at the time that it expected to make a further announcement following the holiday period, and said that its shares will being trading shortly after the release of its interim results. Alternative Energy finally released its interim results Tuesday, which included a significant decline in revenues to US$5,661 for the half-year ended June 30, 2013, compared with revenues of US$11,290 the prior year. It reported a pre tax loss of US$1.1 million for the period, compared with a pre tax loss of US$1.3 million the prior year, and as of that date, the group's current liabilities exceeded its current assets by US$5.2 million. Its loss narrowed as it cut costs and expenditure. "The majority of 2013, was spent securing, finalising and pursuing the company's arrangements with PT Mega Urip Pesona. Since that time the company has been engaged in a number of projects and competitive bids in Indonesia and has also entered into distributorship arrangements with both PT Graha Rajawali Pratama and the Jembo Cable Group in respect of its lighting products," the company said in a statement. "These arrangements are intended to ensure that the group finally starts to develop a revenue producing pipeline both in lighting, next generation solar technology and consulting engineering," it added. The group also said that there is a pipeline of new technologies and patents being filed.

do my purchase of 296,000 shares register as a sell then?

...How many times (whoever it is) the adds the Sells and Buys are not added correctly on the ALR Share Trades. A buy goes down as a sell and vice-versa? So do the buys and sells really affect the SP??????

...10m buy is actually and investor hoping the SP will rise because of the buy and make a 'quick' profit and sell again - who knows? Time will tell.

...just how much Alternative Energy are charging for each of the LED's? Perhaps they're prohibitive, but okay, ALR are here to make a profit - so why aren't they selling yet??

I envisaged that ALR was destined for great things, so I purchased 50,000 shares in Sept 2013 and then the accountants failed to get their finger out and ALR was suspended from AIM until their accounts were published - so I was in limbo. Investigative checks were carried out on ALR that concluded ALR would eventually be a world-wide supplier of LED lighting, so knowing I had 5K+ in my account, I left a note requesting 1M shares due to the very low SP and I'd still have ££'s to purchase CHA shares. (have a look at CHA SP - it rose significantly around that time, up to 7.0p) When ALR were able to be reinstated on AIM, due to ALR wanting a higher asking price, 1.8 only 290976 shares were purchased @ £5,200+. I was mugged by ALR !! Since then I found that ALR SP has fallen for no apparent reason, well not that I can see. So I believe because ALR have taken our a loan of £270,000 and have to repay it by Nov 2015, I suspect ALR are hoping that investors like me are going to get pee'd off and sell, leaving ALR with a tidy profit so ALR can repay the loan with sellers cash. I wonder how true that really is. They're not getting mine - I'm here for the long haul!!

mentality of a few - particularly one investor who today purchased 86,006 shares for £344.00 and later when thought the SP had risen, sold for £344.00 a few hours later. What is wrong with people?

LONDON (Alliance News) - Alternative Energy Ltd Friday said Advance Opportunities Fund elected to convert another GBP50,000 convertible loan note tranche into shares after Alternative Energy withdrew that amount from the facility to fund working capital, as it also published its half-year and full-year results for 2013 and predicted a brighter future after two years of struggles. Alternative Energy said it has now applied for 10.3 million new shares to be admitted to trading on AIM to cover the conversion. The convertible note programme is ongoing and is for GBP10 million in total. "Further announcements of draw-down in accordance with this programme will be made as and when required," the company said. The company's shares have been suspended since the end of June because the company failed to publish its 2013 accounts before that deadline. The delay came as it reviewed with its auditors the carrying value of its intellectual property portfolio in the wake of trading problems. "Due to the lack of sales and demonstrable sales orders and in our view the impracticality and lack of meaningfulness of commissioning a third party valuation report, we have not been able to satisfy our auditors that there is sufficient back-up for the ongoing carrying value of our intellectual property. The Financial Statements are therefore qualified solely as to the uncertainty of this issue," it said in its financial statement Friday. The maker of energy saving products including solar-powered lighting and an energy-generating roofing system had signed contracts in Indonesia, but the expected revenue failed to materialise because its partner, MUP, was unable to obtain the expected off take agreements with the Indonesian energy monopoly, PLN. This meant it had to try and refocus its business, but this was "hampered by the suspension of the company's shares and the delays and frustrations in finalising its financial statements," it said. The convertible loan note deal it signed in May was a deal to give it enough funds while it sought alternative sources of revenue. "Orders are beginning to arrive from our Indonesian distributors but management is now active on a much broader geographical front. With the financial statements published and the resumption of the trading of the company's shares, the team will be pressing to complete the arrangements currently being negotiated in several new jurisdictions, including the UK, and we hope to make announcements of our progress following resumption of trading of the Company's shares. The company is also actively exploring whether revenues can also be accelerated by acquisition as well as organic growth," it said. Alternative Energy said it made a pretax loss of USD15.8 million in calendar 2013, compared with a USD5.4 million loss between September 1, 2011 and the end of 2012. Revenue dropped, and the company booked a USD14.8 million charge, mainly for impairments.

That's basically what my previous blurb was all about, but I suppose you're right - we'll just have to sit and see what occurs - I know there's mega interest in the LED product, but I fear it's the low UK growth economy that's possibly holding everyone back. You know how it is? When you don't have a lot to spend, the majority of the time, your pockets get tighter and that's what I believe is happening at the mo. USA, Canada, India, Middle East and Australia. There are 7.4 million street lamps in UK alone. Just imagine how many street lamps there are waiting for LED's? If all Countries came on board - wow - could be absolutely gigantic!

...I could and I sincerely hope I'm wrong!

It's very likely that Alternative Energy and the Green Section are working hard to attract the various Counties to purchase replacement LED lighting for their street lamps. However, because authorities are just replacing original street lamp bulbs for LED's, there is no immediate need for mega quantity of LED's all in one purchase. So I fear it'll be a long waiting game before any significant SP improvement :-(

I have seen a rise in value on one day followed by a very similar fall the following day or within 2 or 3 days. Up 18.75% today, what will tomorrow bring I wonder?

No idea - didn't say so - didn't ask!

I've just had feed back form Canada - Investors are concerned about the down turn from 2.0 to 0.08 in the past few months. Perhaps overseas investors are waiting to see?

I have x2 USA & a Canadian contact who are flabbergasted that ALR are not doing as well as it ought to from the amount of interest shown over the pond. There is also interest beginning to show in India.

20,000,000 shares sold. Anything to do with Singapore I wonder? ------ LONDON (Thomson Financial) - Alternative Energy Ltd said it has agreed to acquire Singapore-based research company Renewable Power Pte Ltd for 400,000 usd, or 0.0425 usd a share. On completion of the acquisition, Alternative Energy said it will invest another 199,999 Singapore dollars to subscribe for 199,999 new shares increasing the capital to 200,000 Singapore dollars comprising 200,000 shares. Alternative Energy said the acquisition will make available an in-house research team to quickly analyse the viability of investment proposals, and also ensuring confidentiality about technologies and proposals under review. Alternative Energy said its directors plan to make an inter-company loan to Renewable Power of about 1.22 mln Singapore dollars over the next year. ------- LONDON (Alliance News) - Alternative Energy Ltd Tuesday said its loss narrowed in the six months ended June 30, 2013, despite revenues dropping by more than half, and it will resume trading Tuesday after being suspended for the past six months. The clean energy technology company's shares have been suspended since October 1, 2013, pending the release of its half-year results. The company had said back in December last year that it was undertaking negotiations which may result in further operational transactions and raising of additional capital. It said at the time that it expected to make a further announcement following the holiday period, and said that its shares will being trading shortly after the release of its interim results. Alternative Energy finally released its interim results Tuesday, which included a significant decline in revenues to USD5,661 for the half-year ended June 30, 2013, compared with revenues of USD11,290 the prior year. It reported a pretax loss of USD1.1 million for the period, compared with a pretax loss of USD1.3 million the prior year, and as of that date, the group's current liabilities exceeded its current assets by USD5.2 million. Its loss narrowed as it cut costs and expenditure. "The majority of 2013, was spent securing, finalising and pursuing the company's arrangements with PT Mega Urip Pesona. Since that time the company has been engaged in a number of projects and competitive bids in Indonesia and has also entered into distributorship arrangements with both PT Graha Rajawali Pratama and the Jembo Cable Group in respect of its lighting products," the company said in a statement. "These arrangements are intended to ensure that the group finally starts to develop a revenue producing pipeline both in lighting, next generation solar technology and consulting engineering," it added. The group also said that there is a pipeline of new technologies and patents being filed.

Christopher Nightingale and his wife are reported to be undergoing a separating/divorce proceedings and the settlement that CEO has offered, according to his wife, is an insufficient sum. Personally, it it my belief that the share value is being depressed and when the separation/divorce proceedings are completed (whenever) share value is likely to rise. LONDON (Alliance News) - Alternative Energy Ltd said Executive Chairman Christopher Nightingale has transferred 6 million shares ""BACK INTO THE COMPANY"" in order to settle a personal loan. Nightingale transferred the funds in order to settle the personal loan which amounted to US$30,000. Although the shares were traded at par, the shares were valued at 0.5 pence per share. Following the transaction, Nightingale is interested in a total of over 920 million shares, representing around 37.35% of the issued share capital in the company.

When ALR rejoined aim back in April/May 2014 I bought 300k+ worth of shares @ 1.8 which cost me 5k+ and then dropped heavily, so I have to hold until at least value increases to 1.8 at least. I still say ALR are having to repay their loan before November 2015 before value increases.

.............that the info below is a possible cause of the decline of share value is ALR are repaying the £280,000 loan. 15 July 2014 ALTERNATIVE ENERGY LIMITED ("AEL" or the "Company") Senior Loan Note Instrument The Company is pleased to announce that on 7 July 2014 it entered into a senior loan note instrument agreement with Darwin Strategic Limited ("Darwin") ("Agreement") for general working capital purposes. The Company has issued a senior loan note to Darwin for a principle amount of £225,000 ("Principal Amount") ("Note") with a subscription price of £180,000 repayable by the Company on 7 November 2014 ("Initial Maturity Date"). If the Note is not repaid in full by the Initial Maturity Date, , the Principal Amount owed by the Company shall be automatically increased to £270,000 ("Increased Principal Amount") and the maturity date shall be extended to 7 May 2016 ("Extended Maturity Date") (such period between 8 November 2014 and 7 May 2016 being the "Conversion Period"). At any time during the Conversion Period Darwin may convert all the outstanding and unpaid total of the Increased Principal Amount into ordinary shares in the Company ("Ordinary Shares") at an agreed conversion rate being the lesser of (i) £0.0125 and (ii) the average Ordinary Share price for three trading days selected by Darwin during the twenty trading days prior to and including the date of conversion, multiplied by 0.80 and subject to any agreed adjustments. If the conversion rights have not been exercised, the Company may repay the Increased Principle Amount at any time in full during the Conversion period. A default interest of one per cent. per month of the Increased Principal Amount will accrue and be payable monthly on the Principle Amount outstanding if the Principle Amount has not been repaid or converted by the Initial Maturity Date. The Agreement contains provisions in relation to events of default by the Company and in relation to situations concerning a change of control of the Company. The Company has also provided certain warranties, undertaking, covenants and indemnities to Darwin on entering into the Agreement. In consideration for the Note the Company has paid Darwin an arrangement fee of £22,500. The Company has also entered into a warrant deed with Darwin ("Warrant Deed") whereby the Company will issue 27,000,000 warrants over ordinary shares in the Company to Darwin ("Warrants"). The Warrants are exercisable for five years and seven days from the date of issue of the Warrants (being extended by a trading day for