Message #10 From:
zekel Date: April 4, 2008 03:07:40 PM
SEC suspends AETE trading
Apr 2, 2008 Pink Sheets News Service
Washington, D.C.—
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
April 2, 2008
In the Matter of: The Alternative Energy Technology Center, Inc.
ORDER OF SUSPENSION OF TRADING
It appears to the Securities and Exchange Commission that the public interest and the protection of investors require a suspension of trading in the securities of The Alternative Energy Technology Center, Inc. Questions have arisen concerning the company's reliance on Rule 504 of Regulation D of the Securities Act of 1933 in conducting a distribution of its securities, and the accuracy and adequacy of statements in the company's press releases regarding its rights to certain technology. The Alternative Energy Technology Center, Inc., a company that has made no public filings with the Commission, is quoted on the Pink Sheets under the ticker symbol AETE, and has recently been the subject of spam e-mail touting the company's shares.
The Commission is of the opinion that the public interest and the protection of the investors require a suspension of trading in securities of the above-listed company.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the above-listed company is suspended for the period from 9:30 a.m. EDT, April 2, 2008, through 11:59 p.m. EDT, on April 15, 2008.
