Alternative Energy Partners Inc. Stock Analysis AEGY

Alternative Energy Partners, Inc. operates as a development stage company, which engages in on-line ordering, management and payment services for legally authorized purchasers of medical marijuana. The firm operates with its subsidiary, Clarrix Energy, LLC, in the business of energy production and management. The firm is engaged in providing support services for medical marijuana. Ethanol was its initial intended product and it intends to establish other alternative energy products and service which includes solar-thermal energy production, energy management control. In May, 2012, the Company acquired Clarrix Energy. The firm acquired the PharmaJanes. The firm also acquired Simple Prepay merchant payment solution from iEquity Corp. The Simple Prepay system was developed to offer dispensaries, collectives, and delivery services for medical cannabis. Combined with the PharmaJanes on-line and smart phone ordering platform, medical marijuana patients will be able to order, process and pay for their authorized needs.