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AEHI Confirms Temporary Suspension of Trading December 15, 2010

Posted by cleanidahoenergy in AEHI, SEC, stock market.
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Below is our news release about the temporary suspension of trading. As an aside we would like to point out our funding commitment with Roswell Capital Partners is still valid. Roswell has now waived the section of the contract that indicates we can’t have a series of consecutive days in which we are not actively trading.

BOISE, Idaho, December 15, 2010 – Alternate Energy Holdings, Inc. (OTCQB:AEHI; http://www.aehipower.com) today announced that the U.S. Securities and Exchange Commission (“SEC”), on December 14, 2010, issued an order to temporarily suspend trading of the company’s common stock because of questions that have been raised about the accuracy of certain publicly disseminated information regarding the company. The suspension was effective at 9:30 a.m. EST on December 14, 2010, and terminates at 11:59 p.m. EST on December 28, 2010.

“The SEC has notified AEHI that the inquiry should not be construed as an indication by the SEC that any violations of law have occurred. We plan to fully cooperate with the SEC and to address the concerns that they have raised,” said Don Gillispie, AEHI CEO.

The SEC has not notified AEHI whether the temporary suspension was prompted by the submission of any specific complaints. However, local anti-nuclear groups and certain vocal opponents of AEHI have taken responsibility for this action in press releases, online forums and financial blogs.

AEHI will now work closely with the SEC to resolve any questions the agency may have in an effort to remove the temporary suspension as soon as possible. About Alternate Energy Holdings, Inc.

(http://www.AlternateEnergyHoldings.com) — Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. Safe Harbor Statement:This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

AEHI Secures Funding Facility for Idaho Nuclear Site October 28, 2010

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BOISE, Idaho, Oct. 28, 2010 (GLOBE NEWSWIRE) — Alternate Energy Holdings, Inc. (OTCQB:AEHI), a developer and marketer of innovative clean energy sources based in Eagle, Idaho, today announced a funding facility, Securities Purchase Agreement, with Source Capital Group, Inc. for the committed purchase of up to 170 million shares of common stock which is approximately $120 million today to cover payments for land, water rights, engineering work and Nuclear Regulatory Commission (NRC) application fees to obtain a combined construction and operating license (COL) for building and operating a nuclear power plant in Payette County, Idaho.

“Under the terms of the agreement we can draw upon the funding facility as needed for up to three years, which will allow us to effectively deploy capital following local approval in Idaho while minimizing dilution to shareholders. This facility is very timely as we expect the local approval process to be finished within the next few months,” said Don Gillispie, AEHI CEO.

The proposed plant has received overwhelming approval at previous hearings in Payette County, Idaho and has been given endorsements from every mayor in the county as well as the Payette and Fruitland Chambers of Commerce.

“We hope our success in Payette will become a model for other companies to seek out and build new nuclear power plants on greenfield sites. As a long-time executive in the nuclear industry, it has become clear that nuclear is needed. It is the only method for producing baseload power that is both inexpensive and clean. In the past, only massive utilities had the resources and wherewithal to undertake such a project. However, as an independent company with committed site funding, we are defining a new paradigm whereby nuclear plants can be deployed in a cost effective way, without passing on the capital costs to rate payers,” said Gillispie.

Source Capital’s obligations to purchase shares are subject to AEHI obtaining a registration statement for the shares of common stock.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Source Capital Group, Inc. (www.sourcegrp.com) — Source Capital Group, Inc. is a full-service financial institution, specializing in middle-market investment banking transactions, distressed and high yield debt securities, investment management, mortgages, and business lending. Source has provided equity, debt, and structured finance solutions to both public and private companies in a variety of industries, including energy, oil and gas, telecommunications, technology, biotech, and consumer goods. Source Capital Group, Inc. was founded in 1992 and is headquartered in Westport, Connecticut, member FINRA / SIPC.

About Alternate Energy Holdings, Inc. (http://www.AlternateEnergyHoldings.com) — Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

The Alternate Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8058

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

Hypergrowthstock.com notes AEHI September 9, 2010

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HYPER GROWTH STOCK.COM

Pre-Market Analysis for Thursday, Sept. 9
Today in the Stock Market

“AEHI continues its trek higher and as long as volume remains strong, we remain bullish in the near-term. The $0.80 area could create some profit-taking but a break above would signal a move back to $1.00.”

Alternate Energy Holdings Suspends Plans for a Reverse Stock Split September 7, 2010

Posted by cleanidahoenergy in AEHI, Green World Water, Hyperion Power Generators, Payette County, stock market.
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Decision Based on Potentail Near-Term Milestones
BOISE, Idaho, Sep 7, 2010 — Alternate Energy Holdings, Inc. (OTCQB: AEHI) today announced a decision to suspend all efforts involving a reverse stock split with the anticipation of milestone events in the near future that could greatly reduce a reverse split or render it unnecessary in order to uplist to the major exchange.

Based on confidence in AEHI’s accomplishments and long term potential, company directors and line officers have maintained their stock ownership, in which no shares have been sold since company inception.

Some of the expected near-term milestone events include potential sales of nuclear desalination systems from AEHI subsidiary Green World Water™ (www.greenworld-h2o.com), a growing partnership with Hyperion Power Generation, which could include a deal with the China National Nuclear Corporation (CNNC) to produce Hyperion’s small modular reactor for sale on an international level.  In particular, AEHI also anticipates a favorable zoning decision from the Payette County, Idaho Board of Commissioners, which would give the company the local and state approval necessary to build a proposed nuclear power plant.

About Alternate Energy Holdings, Inc. (http://www.AlternateEnergyHoldings.com): Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) and Green World Water™, which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

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AEHI Featured as Stock Pick by KonLin Investment Letter August 13, 2010

Posted by cleanidahoenergy in AEHI, Investment news.
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BOISE, IDAHO – August 9, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) (www.AlternateEnergyHoldings.com), a developer and marketer of innovative clean energy sources based in Eagle, ID, announced today that it was chosen as the “featured stock of the month” in the August issue of the KonLin Letter, an independent New York-based investment newsletter (www.konlin.com) published by KonLin Research & Analysis.  The investment letter cited AEHI as the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states.

The KonLin Letter recognized nuclear energy as the only large-scale, non-emitting, affordable energy source that can address both global warming and sustainable development. The report cites AEHI’s proposed construction of a nuclear power plant in Payette County, Idaho, as recognized by the Nuclear Regulatory Commission (NRC) (http://www.nrc.gov/reactors/new-reactors/new-licensing-files/new-rx-licensing-app-legend.pdf).

The KonLin Letter also highlighted the Company’s official partnership with China National Nuclear Corporation (CNNC) to exclusively market nuclear desalinization reactors globally, and its ability to efficiently address international demand for clean drinking water, while co-producing low cost electricity.

The KonLin Letter further highlighted the following about AEHI, stating a first target stock price at $3.50:

•    AEHI will be at the forefront of this opportunity as the first publicly-traded independent nuclear generating company in the U.S. and will easily outperform large nuclear and fossil type utilities with their inherent bureaucracies.
•    AEHI believes that recycling spent fuel is the appropriate direction for the U.S. industry to take with regards to nuclear waste management. AEHI plans to advocate, like France, spent fuel reprocessing as commercial nuclear construction expands including using spent fuel in existing plants.
•    While AEHI has yet to generate any revenues, the situation could change dramatically by year-end. The company has a solid balance sheet with $8 million (as of the last filing), no debt.
•    KonLin recommends purchasing the stock, as the small window of buying opportunity continues to diminish, for a first target of $3.50, especially since AEHI signed an exclusive deal with China National Nuclear Corp. (CNNC) to market the world’s first large Commercial Nuclear Desalinization Reactor.
•    The astute management team led by CEO, Don Gillispie, is in ongoing talks with several countries about the desalinization reactor; these potential deals are huge for AEHI.
•    These desalinization reactors will solve water issues to benefit many developing countries as over three billion people – half of the world’s population – don’t have clean drinking water.  At the same time these reactors will co-produce electricity, including the ability to pump clean water hundreds of miles inland. They will satisfy the need for potable water in parts of the world with drought conditions, while creating thousands of jobs where they are desperately needed.

About The KonLin Letter (www.konlin.com) — The KonLin Letter is a unique service that recommends 5 low-priced stock selections each month including a featured stock of the month, and reviews 30-35 different small caps while monitoring a broad range of technical indicators for the best possible Market Timing Advice.  The KonLin Letter specializes in low price stocks under $10, with emphasis on emerging growth and special situations poised for explosive price appreciation. Specific buy and sell recommendations are provided with technical and fundamental analysis on all small cap stocks reviewed until positions are closed.

About Alternate Energy Holdings, Inc. (http://www.AlternateEnergyHoldings.com) — Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

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Attracting some interest from analysts July 23, 2010

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We were pleased to see this analysis from energyandcapital.com and we wanted to share it.

AEHI Takes Steps to Uplist to Senior U.S. Stock Exchange July 15, 2010

Posted by cleanidahoenergy in AEHI, desalination, Green World Water, Hyperion Power Generators, Payette County.
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Decision Fueled by Rapid Progress Towards Local Approval for Idaho Nuclear Reactor and Growing World-wide Interest in Green World Water™ Desalinization Reactor

BOISE, IDAHO – July 15, 2010 – Alternate Energy Holdings, Inc. (OTCQB: AEHI) today announced the company is preparing for a move to a senior U.S. stock exchange in response to rapid progress towards local approval for the Company’s planned nuclear reactor in Idaho, as well as growing global interest in the Company’s Green World Water™ desalinization reactor. AEHI believes it substantially meets the requirements to uplist to a senior U.S. stock exchange.

AEHI’s Board of Directors and the majority of stock holders approved a reverse stock split this year, if needed, to meet minimum stock price requirements of the senior U.S. stock exchanges and is establishing audit, compensation and nominating committees in advance of a planned uplisting.

“Graduating to a senior U.S. exchange is a high priority for the company given the progress we have made in securing local approval for our nuclear reactor, as well as the growing global interest in our Green World Water nuclear desalinization reactor and the Hyperion modular reactor. Listing on a senior U.S. exchange will help increase visibility for the company and help to attract a broader class of institutional investors,” said Don Gillispie, AEHI CEO.

In May, AEHI signed a deal with CNNC in China that resulted in the creation of Green World Water, which is now the only company selling a large-scale nuclear desalination reactor. The design makes it possible to desalt seawater and purify brackish water, while co-producing electricity including the ability to pump clean water hundreds of miles inland, essentially eliminating the need for water in parts of the world devastated by intense drought conditions

“We have already received significant interest in Green World Water from a number of countries spanning most of the continents. We have rapidly assembled a professional and seasoned sales force and are now positioned to sell one or more of these reactors by the end of this year. A single reactor sale could equate to many millions of dollars in both revenue and net income the first year alone,” said Gillispie.

In June, AEHI signed a memorandum of understanding with Hyperion Power Generation, a company that took the nuclear industry by storm by creating a small, refrigerator-sized modular reactor that produces 25 MWe of power and can produce enough power to electrify more than 20,000 U.S. households. AEHI has agreed to work with Hyperion to helplicense, build and sell their nuclear reactors on a world-wide basis.

“The Hyperion deal also adds another dimension to Green World Water, which can use the smaller 25 MWe reactor in place of the larger 1100 MWe and 650 MWe options currently being used by the company to produce potable water,” said Gillispie.

One of the most exciting aspects to AEHI is a proposed nuclear power plant currently working through the final phase of the rezoning process in Idaho. The rezone will allow AEHI to build the plant on a piece of property that is currently zoned for agriculture. The zoning process should be finished in the coming months and, once the reactor is completed, it is expected to create thousands of jobs while generating between $3 billion and $5 billion annually.

About Alternate Energy Holdings, Inc. (www.AlternateEnergyHoldings.com)
— Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation’s only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the “Risk Factors” section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

Why leaving the antiquated OTCBB does not matter May 26, 2010

Posted by cleanidahoenergy in Investment news, Uncategorized.
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I appreciate this perspective on the OTCBB. The complete report is available by subscription here, but here are some excerpts from the May 13 Reverse Merger Report.

“It’s likely that the OTC Bulletin Board (OTCBB) will soon be history, but that does not mean the end of over-the- counter markets. Just as the old OTCBB has been disappearing, another system has been rising in its place. Pink OTC Markets, the company that bought and transformed the nearly 100-year-old Pink Sheets, has been growing and taking over as the quote platform for smaller, non-exchange listed companies. In fact, it has been the existence of and the efforts of Pink OTC that may have hastened the end of the old Bulletin Board …  ‘The world has changed, technology has changed and the Bulletin Board got a bit long in the tooth,’ explained Stephen Nelson, founder of the Nelson Law Firm in White Plains, N.Y. … the Pink OTC has much to offer over its competitor … the technology is more advanced, the service is better, and the associated relationships and infrastructure that Pink OTC brings to the table are attractive to companies and investors. It has also promoted itself and created a recognized brand with a strong identity. While the OTCBB was sort of just there, Pink OTC has worked to generate consciousness about what it does and what it offers. “

MidAmerican energy revisits nuclear, this time in Iowa March 12, 2010

Posted by cleanidahoenergy in Energy policy, nuclear industry, Payette County, Warren Buffet.
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As many people know, Warren Buffet’s MidAmerican Energy proposed building a nuclear power plant in Payette County in 2007 and did some preliminary studies (they were considering a different site than we are in Payette). But the company announced in December 2007 that it wasn’t moving forward, saying the decision was “based on economic considerations and not on issues related to the suitability of the Idaho site.”

Apparently, MidAmerican has found some new sources of funding and is considering building a nuclear plant in Iowa. The state senate there has voted to allow MidAmerican to increase electric consumer rates to fund a three-year, $15 million feasibility study of what would be Iowa’s second nuclear plant, according to World Nuclear News. This will amount to a $4 per year increase in residential customers’ electricity bills, with a $15 increase for commercial customers and $1100 for industrial customers.

I certainly understand the need for this kind of study. In fact, we have spent around $10 million conducting similar studies in Owyhee, Elmore and Payette counties. What’s most noteworthy, however, is that no Idaho utility ratepayer has given us a dime – nor should they.

While our critics call us a “merchant power plant” (presumably merchant farmers, merchant computer chip makers and merchants in general are okay), we are a completely investor-funded operation. We will fund studies, applications and construction of our plant on the private market, without having to ask government bodies for rate increases. In the best tradition of private enterprise, it will be up to us to find a way to make it pencil out financially and recoup our investment in the free market.

Nuclear critics took Buffet’s 2007 withdrawal from Idaho as a sign that a nuclear plant cannot be profitable (although it is hard to imagine them applauding a profitable nuclear plant), but they were wrong then and they are more obviously wrong now. I know from experience that nuclear plants are very profitable, generating as much as $3 million a day in profit. While they have high initial capital costs, uranium is inexpensive and the plants last for decades. Warren Buffet must know this as well.

Developing a nuclear plant requires extensive study and we wish MidAmerican the best in their venture. We have charted a course, however, that will not require any utility payers to subsidize our costs, and that’s a good thing for Idaho.