Tuesday, December 14, 2010

SEC Suspends AEHI Trading

Posted By on Tue, Dec 14, 2010 at 10:33 AM

Despite approval of a rezoning request by the Payette County Planning and Zoning Commission clearing the path for a future nuclear energy plant in Southwest Idaho, the project's parent company has run into some problems with the Security and Exchange Commission.

The SEC temporarily suspended trading of securities of Alternative Energy Holdings, Inc. because of questions about the validity of information put out by AEHI, including its funding, company officers' stock sales and executive compensation.

The suspension is due to last through Tuesday, Dec. 28.

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