Sunday, June 2, 2013

Merritt Island Company's Stock Jumps 31% On Friday

MERRITT ISLAND, Florida -- Alternative Energy Partners, Inc. (OTCBB: AEGY), a green energy company located on Courtney Parkway that was founded in 2008, saw its stock price jump $31.25% on Friday.

The penny stock with a market cap of $450,701 held steady at $.001 per share for most of 2013, but then saw some volatility to the upside in May.  The stock price volatility began just days before, and the weeks following, the resignation of the company's Director, Michael Gelman on May 17, 2013.  Gelman was replaced by Mario Barrera as the company's Director, according to documents filed with the Securities and Exchange Commission.

The stock opened at $.0016 and closed at $.0022 on Friday.