Now THIS is a great buy and hold penny imo.
I expect they'll get bought out by someone HUGE like Siemans or the like withing 2 years and will be around $30.00 per share, jmho. I had lunch with the owner, Blaine Froats, when he ws here in So. FL a year ago JAnuary and 2 of my best friends have a LOT of money invested in this co.

One of these friends has been investing in Alternate Energy Corp. and known Blaine for about 5 years. I personally feel this co. is rock solid - and has a beautiful future, but that's jmho

Something could even happen sooner if gas hits $3 per gallon

quote:

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Originally posted by Love the Market:
ARGY is a GREAT one - all sorts of things going on. They went public last summer and were around .30 and ran to $2.92 within 2-3 months but have fallen back to the .40-.60 range.

Now THIS is a great buy and hold penny imo.
I expect they'll get bought out by someone HUGE like Siemans or the like withing 2 years and will be around $30.00 per share, jmho. I had lunch with the owner, Blaine Froats, when he ws here in So. FL a year ago JAnuary and 2 of my best friends have a LOT of money invested in this co.

One of these friends has been investing in Alternate Energy Corp. and known Blaine for about 5 years. I personally feel this co. is rock solid - and has a beautiful future, but that's jmho

Something could even happen sooner if gas hits $3 per gallon

Good Luck,
Steve

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The trouble with Hydrogen

As the price of oil has spiked above $35 a barrel, investors have been cruising for alternative-energy plays. Alternatives that weren't economic with $25 oil might become competitive with $35 oil, these investors reason.

One stock popular among such green investors has been Quantum Fuel Systems Technologies Worldwide. In the past 12 months, Quantum's shares have roared from just a few dollars to 8.

The Irvine, Calif.-based Quantum sells light-weight fuel tanks and fuel lines for vehicles that burn natural gas or hydrogen. Its tanks also hook works like a hydrogen-powered battery. Quantum's tanks apparently are top notch, and its biggest customer is General Motors. GM's loyalty is also inspired by the 20% of Quantum stock that GM got when the little firm was spun off from tank-maker Impco Technologies in 2002.

But the business from GM and other customers didn't enable Quantum to turn a net profit on its $19 million in revenues for the nine months ended January. Quantum blames GM's low production volumes. Americans don't seem troubled enough about gas prices to stop buing gas-guzzling SUVs. But there's a more direct problem with the reasoning of folks who invest in hydrogen plays like Quantum just because the price of oil is rising: These days, most hydrogen is made from oil. So as oil gets more expensive, hydrogen does, too.

Now a different article

Bolt from the Blue
Terrorists, beware the death ray. At the end of March, a company called Ionatron emerged from secrecy to announce a weapon that shoots lightning bolts. In a conference call, founder Thomas Dearmin said that Ionatron's weapon can direct lethal electric charges through the air, along the conductive path created by a laser beam. It has worked in a lab, and it's small enough to drive around on a Hum-Vee.

But that's about all Dearmin would say about the weapon, to the annoyance of some investors on the conference call. Dearmin said he wanted to tell more, but national security forbids him. Wait...he did reveal the acronym for the technology. It is "LIPC," for Laser Induced Plasma Channel. National Security did not prevent Dearmin from disclosing that his military advisers forecast that the LIPC market will eventually reach $100 billion. Already, there's a $3.4 million line-item in this year's defense budget for Ionatron's LIPC development.

On Feb. 25 Ionatron announced plans to merge with the shell of a public company that had sold matural fertilizers and insecticides. Share in that shell company, U.S. Home & Garden, shot from under a dollar to over 8 bucks. At a recent 8, the merged firm (whose name is expected to be changed Ionatron) has a market value of nearly $600 million.

Ionatron describes itself as the vision of Dearmin and his co-founder, Robert Howard. Investors with long memories may remember Howard's previous stock promotion, Presstek. In 1997, the Securities & Exchange Commission charged Howard with kiting Presstek stock-to a height of $200 a share-with false statements and stock-analyst reports that he secretly co-authored. Howard settled the charges, without admitting to them, for $2.7 million.

Come to think of it, maybe investors should beware of this death ray, too.

April 15, 2004

LAS VEGAS, Apr 15, 2004 (BUSINESS WIRE) --

Sterling Technologies Offers Immediate Distribution for AEC's Hydrogen Production Unit to the Electric Utility Industry and Its Customers

Alternate Energy Corporation (OTCBB: ARGY) announced today that it has signed a letter of intent to acquire a majority interest in Sterling Technologies, Inc. from Sterling Planet, Inc. Sterling Technologies is the wholly owned subsidiary of Sterling Planet that deploys distributed generation technologies, primarily solar systems, through utilities and state-supported green energy programs. Sterling Planet's customers include 16 electric utilities and ESCOs (energy service companies) in Florida, Massachusetts, New York, Rhode Island, Texas, Washington, D.C., and Nebraska as well as multinational corporations leading in environmental stewardship such as Alcoa, Dupont, The Coca Cola Company, Nike, Pitney Bowes and Staples. Sterling Planet also has sold renewable energy certificates to the federal and state agencies such as the U.S. Environmental Protection Agency, U.S. General Services Administration and the New York State Energy Research and Development Authority (NYSERDA). The acquisition is to support AEC's go-to-market effort for its hydrogen production unit. The transaction, which is scheduled to close on or before May 12, 2004, includes the purchase of a 51% interest in Sterling Technologies for cash and stock.

'A large immediate market for AEC is the electric utility industry and their customers who want to be generating a portion of their power on-site using renewable energy. This includes utilities that are looking to reduce the need to finance expensive new power plants as well as supporting their clients'onsite power requirements,'said Blaine Froats, AEC's Chairman. 'Sterling Technologies'knowledge of Renewable Energy Certificates, governmental and corporate subsidy and incentive programs, and practical, in-the-field experience in this area is unique in our opinion. We are looking forward to working with their management team whom we consider to be most professional, exceptionally competent, and equipped with very deep industry backgrounds,'continued Mr. Froats.

For its part, Sterling Planet expects the AEC relationship to help extend and broaden the Atlanta-based company's national leadership position in the rapidly developing market for cleaner electricity from diverse, reliable, domestic renewable energy sources. Founded by Therrell 'Sonny'Murphy, Jr., Sterling Planet began operations in 2001 as the nation's first company with a nationally available Green America(TM) renewable choice. 'For most of my 30-year career in the electric utility industry,'said Mr. Murphy, now CEO of Sterling Technologies, 'I have been deeply involved in sustainability for our environment by minimizing the use of fossil fuels through the use of alternate fuels and technology and freeing our economy from fossil fuels dependence. This new relationship with AEC will bring us all a step closer to the realization of that vision.'

Most of Mr. Murphy's career has been with Southern Company, one of the world's largest investor-owned utilities and electricity producers, where in the 1980s he pioneered expansion of Southern's core business into the unregulated marketplace of independent power production and other diversified energy-related markets. Since the mid 1980s, Mr. Murphy has demonstrated his commitment to renewable energy by developing, owning and/or operating green power production facilities from California to Connecticut.

Mel Jones, a co-founder of Sterling Planet, will continue in his current position as President and Chief Executive Officer of Sterling Planet. Mr. Murphy will remain as the Chairman of Sterling Planet in addition to his new role in Sterling Technologies.

About Sterling Technologies

Sterling Technologies, Inc. owns the assets of the Sterling Planet distributed power generation business. The company's credits include a 330 KW photovoltaic array with a 660 KW solar hot water facility for the 1996 Summer Olympics swimming venue at the Georgia Institute of Technology in Atlanta. This was the largest solar project in the United States at the time. Since then, Sterling Planet has invested more than $1 million in solar systems development in partnership with various utilities, technology firms and suppliers. Currently, Sterling Technologies owns three solar systems in Florida and has a fairly extensive solar development pipeline.

Sterling Technologies is committed to working with clients in a multitude of ways that will result in the greatest environmental benefit for the lowest cost. The company's objective is to achieve a balance between costs and benefits over a mutually agreed upon period. Sterling Technologies assists clients in tapping subsidies and incentives to develop new sources of onsite generation powered by renewable sources, turn existing generating facilities 'green'where such a conversion makes sound economic sense, and exchange Renewable Energy Certificates or 'green tags'- both buying and selling - to maximize environmental benefit while controlling costs.

About Sterling Planet (www.sterlingplanet.com)

The first company to offer every U.S. home and business a way to reduce the environmental impact of regular electricity production, Sterling Planet leads the nation in retail sales of renewable energy kilowatt hours. To date, Sterling Planet has sold to homes and businesses nationwide nearly 1 billion kilowatt hours of renewable energy, representing enough energy to power 94,500 homes for a full year and offset 683,500 tons of CO2. The environmental benefit compares to not driving 1.38 billion miles or taking 115,000 cars off U.S. roads. Sterling Planet is also the nation's leader in partnering with electric utilities and businesses to market and/or develop renewable energy. Currently, Sterling Planet has 16 utility partners nationwide in states such as Florida, Massachusetts, New York and Rhode Island. Our mission: To harness the power of consumer demand to convert at least 10% of the nation's electricity production to environmentally preferable energy that is renewable, diverse, domestically based and low impact by 2012, while stimulating local economies and creating jobs.

About Alternate Energy Corporation (AEC; www.cleanwatts.com):

Alternate Energy Corporation (AEC) is energizing the hydrogen economy. AEC is the first company to provide a hydrogen device for small-scale, on-demand distributed generation of electricity. The device is immediately deployable and qualifies for Renewable Energy Certificates. AEC's proprietary discovery in metallurgy permits a small-scale unit to generate hydrogen from water through a 'green' process at a fraction of the fossil fuel kWh cost of energy. AEC believes its product can have a revolutionary impact on the energy industry.

Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; react to quarterly fluctuations in results; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These risks are and will be detailed, from time to time, in ARGY's Securities and Exchange Commission filings, including Form 10-KSB 10-QSB and 8-K. Actual results may differ materially from management's expectations.

Additional information is also available on the company's website at www.cleanwatts.com

SOURCE: Alternate Energy Corporation

CEOcast, Inc. Cormac Glynn, 212-732-4300 or Alternate Energy Corporation Suzanne Brydon, 519-620-2623

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AEC Converts an Internal Combustion Engine Generator to Run on Hydrogen

MONDAY, NOVEMBER 08, 2004 4:01 PM
- BusinessWire

LAS VEGAS, Nov 8, 2004 (BUSINESS WIRE) -- Today, Alternate Energy Corp. (ARGY) (AEC) announced that it has completed the first phase of its back-up power product initiative by successfully converting an Internal Combustion Engine (ICE) generator to run on hydrogen.

Over the past several months, AEC has been focused on the building of demonstrable ICE and Fuel Cell generator sets, fueled by the Company's low-cost, on-demand hydrogen. These units will demonstrate to investors and potential customers AEC's hydrogen flexibility by efficiently supplying both a fuel cell and ICE.

The ICE test was conducted last week at AEC's head office in Burlington, Ontario, where the re-configured generator ran under load, exclusively on hydrogen.

"As we have powered Astris' alkaline fuel cell in Sept, 2003, we also had a requirement to produce a demonstration unit which fueled an ICE generator set running on our low cost, on-demand hydrogen. This 'proof-of-concept' unit will be used to demonstrate that our hydrogen can fuel IC engines as well - a market that represents a quicker time to revenue than the fuel cell. As a result of this timely conversion, our product demonstration schedule will be stepped up to the first few months of 2005," stated Blaine Froats, Chairman of AEC.

AEC does not intend to enter into the manufacturing of hydrogen-run IC engines, but rather to eventually commission an existing manufacturer to build a unit that meets AEC's technology design specifications. This ICE generator was converted purely for testing and demo purposes.

AEC is also expecting delivery of their first alkaline fuel cell this month from Astris Energi, which will also be converted to run on the Company's affordable hydrogen. This means that AEC will have two demonstration units available early in the new year, moving the Company much closer to fulfilling its previously announced marketing initiative to supply complete power unit sets to the back up power marketplace.

Do you know he funded the fuel cell industry billions of dollars?

In order to make fuel cells you need water & hydrogen. They say that Water is easy to come by but hydrogen is not, yet. Meanwhile, China and even here in the USA, they are starting to make these cars available and build these stations.

Invest now and we'll be set 10-15 years.

ZAP Signs $100 Million Exclusive Agreement for Apollo Fuel Cell Technology
September 15, 2004 09:01:00 AM ET

SANTA ROSA, Calif., Sept. 15 /PRNewswire-FirstCall/ -- Transportation pioneer ZAP (OTC Bulletin Board: ZAPZ) announced today that its automotive distribution subsidiary Voltage Vehicles has signed an exclusive agreement with Apollo Energy Systems of Pompano Beach, Florida for its fuel cell technology.

Under the contract, ZAP's Voltage Vehicles subsidiary has agreed to purchase up to $100 million in Apollo's propulsion systems. Apollo has developed a patented Alkaline Fuel Cell and Tri-Polar Lead-Cobalt battery technology that is expected to revolutionize the auto industry. According to Apollo, the new fuel cell is ready for production, years before similar propulsion systems are expected to be available.

"We believe this agreement secures ZAP's position in the new hydrogen economy," says ZAP CEO Steve Schneider. "The infrastructure to power fuel cells with ammonia is here, not years away. At the same time, the affordability, convenience and track record of Apollo's alkaline fuel cell technology matches ZAP's business plan of commercializing advanced automotive technologies today."

Apollo CEO Robert Aronsson added: "The technology for alkaline fuel cells follows ZAP's philosophy of 'Zero Air Pollution' to the extent that the only by-product of a ZAP-Apollo vehicle would be pure, drinkable water. Space missions like the current International Space Station not only use the alkaline fuel cell as a source of power, but as a source for drinking water."

In a ZAP press release dated August 31, 2004, ZAP CEO Steve Schneider said the prototype development for a ZAP-Apollo fuel cell-powered car may include the use of the Smart city coupe, a direct-import car from Europe. In May, ZAP signed a distribution agreement with Smart-Automobile LLC, an independent, privately-held company that has certified the Smart city coupe under U.S. Department of Transportation standards.

In the press release, Schneider along with Apollo Chairman and CEO Robert R. Aronsson outlined a vision of demonstrating the new Hydrogen Fuel Cell and Lead Cobalt Battery in ZAP automobiles in what they say would be the world's first coast-to-coast "Hydrogen Expressway" from Florida to California.