show financial report by id 06

8/14/2019 Show Financial Report by Id 06

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ISSUERNFORI'ATIONND DISCLOSURETATEIIIENTAltorn.teEnergyHoldin9a.nc.3azt0 nionChurchRoedThaxton,VA 2,{174

CUStp {o: 02i47K O sISSUER,S QUITY ECURITIES

A8 of Octobor 9. 2006_, S.001 a. valueporaharc-_ - 29,000,000 ommonShrrogauthorizod25,652,0E6ommonStrere" $ucO and-ou-ilnatngi,!iffi_*:$ll$ffiiriP#f$"lt?i'rii.ifri$,Hfff,ffHft#iI.{'t\tl$frl{*$t*i+'*il,':l

DELIVERYOF THIS INFORMATIONII+lpfm,5g.;ggl+15,#lEil,i$:#_i$#5,"f_'i+il#i::;:":t*"iJ[f tv certirieshathe nrormationereins rueandcorrecto hebesr ftheilOctober, 2006

COPIESOF THIS NFOR ATIONTHE SSUERUPONREOUEST-

By:Name:Taytor .Gt isptoTitle:Secrelary/Treasurer

ANODISCLOSURETATEIIENT REAVAILABLEFROM


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INFORMAIIONNDOISCLOSURETATEMENTAll informationn this Informationnd ?,-1q9".u|.9tatementasbeencompitedo tutfi therscrosureequirementsf Rule15c2,11rom-utgateonae, e srciriitle"-"'ij"i"r""n"ng"", o,,lr?*";,"1il?i,iii; ,,ljlenumeraredtemsnd aptionsont"ineo,e."il "oi,jspondto hePARTAlTEItl l).Thoexict n.me oftho ialuorend its p.rdecosso,(if.ny)Theexactnameofthe ssuerisAltemateEnergyHoldings,nc.The ssuer's xactnameof itspredecess(romertyco@tran upport,nc. )r wasNussentialsoldings'nc, ormerly RX' nc'The ssuer egan peretionsnderheney1^1,,.,i-o-"ee1ti ig;"d;il';i:'i31"5:;1ll!1X"iTtr+Ji.#"fif,iT%Hororngs,nc..andon September 3.2006 he ssuer hangedlrom ussentiats-Hoiorngs.nc. olternate nergyHotdrngs,nc.ITEM ll).Thg dd.ors of its ptinclp.l exocu vo ofiicarTheaddress f the ssuer's rinciptexecutNe friceF s:3440UnionChurchRd.Thaxlon,VA24174Telephonei405869143Fax:5405867363Email ddress. o"@alernateenerqvhotdru5.ol-tvr/eDsle'^4@3llc:l!!cCtclgl!qE[!9!cor.lrx nves(@atternateenerovholdrnqscQmlTEltl llU.Tho t.to rnd datoof Incorpor.fonThe ssuersorganized nderhe awsofthe Stateof Nevada nJuly31,2OOr.lTEttl lV). Thgnamoandaddrgs!of tr.nsfoi agontOTRTransfer,nc.'1000SW Broadwey uite920,por and,Oregon 7205Telephone:032250375Fax:5032739168Jhe.transferagentsregtsleredncterhe Exchenge ctanclsregulatedy heSecurirEs ndxchangeommisson.ITEM V).Thenaturooftho tsruor,sbusir|ess

A. BusineslDavelopmontLli:l-,9-:"!,"rbql3, ?006, trernatenergyotdings.nc. AEH|)as or nexrsrencesanently. tsprsdecessorasiu"""nti"ii oiiii"g", i". N6;lcl,


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whrchcquiredussentiatsoeorationnJune 9,2OOO.ponecominatternateEnergyotdings,nc. nd couirinolt he toct tNSx6uia?Oz,i-sio;i;,;;i:ffi,":?mpanyergednh SunBett-nergyesource"tsent, pr.iu"tuieu"jJinj'.@noa nergy orporatonSERhasGedeveropmeni!tae;u;;;;"Jil ;;ff:,;:"?'l'"ill!fi 'n"" ,n'",n. oou""'1. the torm ofoqanlzation otthe isaue.The ssuers corporaon.2, the yoar hat he i!3uor (orany pl9doc6alor)wasoigani:od

.ll:]::-u_erwas ncorporatednJuty31.200.1 sCorptran upport nc TheEsuetsnamehassubsequenflyhaniNussentratsoldingsn" on.trn" ze,J'1lto?Y-lnc. on December'l52oo4noolngs nc.on septemb", 3, 2006.tu'" "n0 most ecently ltemate nergy3. tho l!suer'! flscal yearondd.io

The ssuer'siscal earenddate s December.1.r.4. whothor ho_tluor (.nd/ot ,ny prodccosso4 h.! beon n b.nkruptcy,rocouonthip, Janysimllarp,ocooding

The-issuerasneverbeen nbankruptcy,ceive6hip, ranysimitarproceeding.5. any na-terlaloclaaalflcation, oigor,conlo da$on,or purchtso or aaleola atgntflcrntmount t.trot! noitn hoo.dln"ryiur"l oi'liii1i"i-'- -'

The ssueras NSHG, cqurred ussenliatsorporationn June29, 2OOS. heissuer.sAEHI,tso erged[h unBerrnriv"i",i,i"lid" '"p-tiii"i ii

8.

tny d-efault t tha tormsof anynoto, oan, otlo or othgr ndebtodno!!o.l|nanctnga4angcmont oqulalnghg IISUO,OmakepaymcntsTh_e_issuer.hasever efaulted nthe erms f anynote loan,easeor otherlrnanc|ngnstrument.anychangoof controlNochange f controtorAEHt.anyfncroale In 10%or moroot theaamoclaa! of oubtandlngoquityl[Jjxr::--:l!f:..:"le.ctass ofoutstandinsqurryecunrresorAEH|AsNJFiLr.neacquEitionf Nussenlials orporatonn June19.2OO5esutt;d ncommon hares utstiandingncreasingrom o, z,ooo to zti.siiobil-..'''.d_o.cribe.ahy.st, ponding,o..nficip.ted ltock sptit,stockdtvidond.roc.pitatizrtion,me.g6r,acquisition,pin_ofr,o. niorii"t"if on'--"-,OnSepfem-br_2o.OM he boarctncreasedhenumber fauthorizedommonshareso 75.000,000On December5,2OM trenameot ttre ssuei-wli

E.

9.


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$*r-f{ri:'dfriffJ,-i!,'i"eii#,.#issuercquiredussentElsorporationnastocfLxcrrangena ncreaied-the-numberfsharesutstandinorom (zooo,'-n"'#iii ii l,,#;r':"il!lo*fl::ffil;:L'",,:fl:i.'""',:lli":il1"nergyotdrngs.nc on he ameatehe ssuer ergeoi,h uneeitn-;;'Hotdings.ncand resuttanr7:1toct prit.r,"," "iE -u;ili;;;# il:lora_stock.divdend.ecapttalizatton,erger. cqutsttton.ph-offor - . - -reorgan|zalion.10. any_dollstlngf tho ia8ugr,sacudfo! by any Becurlfloiexchanoo .NASDAO r dotoflon rom thoOTCBu .iin Eioad - -- -^-"-"o' -'

Ihli suerhl9-n-el9rJ1adnyof itssecuritiesetisted yanysecuritiesexchange r NASDAQ.11. anyc_ur.rnt, a.t, pondlngo. thrrtonod legit procaedlhgso..dmtnittrltivo rc0on! elthgrby or.gainst ihe ""u"itt "ico-uto t """ "mite,iat ttocthe !.uetr uucinesr]tinenci"i;iii,;;:;;;;;;i;;:.Anycurrent,.!t orpondingr.dtngulponslonr y frdeecriiiir-"-'regut.tor.teto honamer ftheprlnctpit arfec,iijnirrr"lna-iu..".tatatu!ofthomrno,!, nd hg.mauntrnvolvod.

Th.e_Fsuerasno.curent. ast pending. r threateningegalproceedtnqsoracrons fanykindhat orrtd ave m,tenaten""t nir,"ii".r"ilor"ii""-"fanancialondition,r operalions.Bualnos3f tho sauorThe-issuerclivetyevelopsndmarketsnnovativelean nergyourceso reduceoependencen oreignnergyources. EHI primaryntiati;'," tf,"prr"-n"i" nioptrmrzataonfa cunenflytrugglinguclearower lantn henation,sunOeti_ - -regon Anrmptementinghenecessarymprovemenlso maximizehepuicnaseOptants rofitmargins.EH| tansoconatructnadditionatuctearowJ;";;;;;.unrt,onhsrte f heomgrnallanl.However."""o"o"r}/optonliit"i;'";;L:;Jon heoffer f asma westerntility f a desrgnateole t6r ireconstruii;il Jnl;lantDependhgn henegotiaho;soa ufienl lanl urchase,swell heeconomrcuflookorutjtities'construction,EHtwi seriousfyidnsijeioii;.]fjl:*:: _"19pr9:""d rsflywith he moreavoraoe. ne'clmpa-n-yiri *nt,nu"ro ookoropportunitiesorexpansionhroughnepurcnasenO ivetLp."r,t l--addilionatourcesf eco-effrcientowerajwefr.h""rn"nflV.f,.rg-h-ihe;;r"n,porex|sttngower enerationoufces.EHIwtllassrstnexpeditingie regulatoryapprovalor sconstructronf new nergyourcescrossheU.SSuno;l egirtlanso evotve ithheexponentiallydwrrrelaDe.owcost,arge crtepower roouctilSnTntdsfthenergymarketoprovrdeL the asuo.'!prima.y ndsocondaayIC odec

NoSIC odes ave een etectedorAEH| t his ime.2. if tho aauor anever onductadperation3,s in thedevalopmenttage,or acuronflyconductingperalio;e

Thecrmpanys,not et ully peratingul scurrenflynschedulerthtssetm estonesInctudingisrngundsornucleart"nipr,"f,""" if,Lpf"nl-'-'


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selectjon rocess, ebsite evelopment,ndactaveesearchnddevelopmentof greenenergy ower ources.3. if the ilsuor is considercda thell, companypuEuant o SECRule4o5ottho Securi{esAct of 1933

Theassuersnotconsidered shellcompany ursuanto SECRule405of theSecurities ctof i933.4. ata-tohg nahesof any parenls,subaldiaay,aalriliateof tho issuer.andde.cribo.itabusin... purpoolo,ta mottrodotop"r"ibn. ir. i*-i"ii,p, "nowherh.r tt ia Inctuded n tho financiat t.rem".i" "ft";;;1;ili;.-..digclosuro ocumoni

The ssuer asonesubsidiary,unBelt nergyResources,nc.The ssuer asnoparenl, ffitiate,r othersubsidianesrrelinanc,aisiatement"iu"t"n-o"",oe company,tspredecessor,nd tssubsidiarysor re aaGs'Lquiesilo5' tho effectof exilting ot probabry overnmnr.r cgurations n tho busrnola

The ssuer asnO urentnotioe fviolations r ettersOf eprimandromanyreg-utatrnguthorityAl governmentegutation"pprvingoih" Jpid;n ornucEarunitswillapplyo thecompany, ostptant ri"r,i"e. iori"uui.-"",n"plantwi becurrentjy perable,twtlt lr;ady be up O ""0" "f,"" prr"f,o"o.6. .n-9ltimato oflho amountapontdudng ho lrst two fiscalyoar! onreaoa,ch -nddovtopmont c0vitio!,a;d, i, appflcaute,trdeii-n-t o wnicnrhoco.t ofluch .c vi es aroborndiroctiybi iu"ro.drs-- -- - *

Thecompany asspentapproximatety1OOOn research nddevelopmen(hecostof these ctivitiess notcurrenybornby c*to."iJt" ""v "rt""i ''7. coats-.ndatfoct! of compllancowlth onvlronmentalawa roderal, tate,andtocrtl

Thecompny'sesearch rqectsare equiredocomplywithallenvironmenEltaws; owever, t this imenocostsare ncurred ueoittis comjtiance. treeffecls fcompliancerealsonegligible8. numbsrof totatemptoyoosnd numbe.o, full timoomployeos

Thecompany as ive otalemployees,ourofwhichare ulltime.C. Invoatment olicios

N/A._The-iyer oesnotpresenfly aveany nvestmentsnddoesnotpresenfly wnany eatestate nd/orealestate elatednvestmenlslTEtl (Vl). Tho natu.e of p.oducls o. servtca offerodAllproducts ndservices ffered y hecompany recurrenflyndevelooment.

A. princlpalproductsor servico, andtheirmarkel


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AEHs InitElgoalwi be o provide owero rtspurchaseductear lant.ssurrouno|ngommunity l increasinglyeduced roducttonostsuntilootimalpranr enormances reached.O6tribunon illbeaccoftplishedy conirnuingofultlllhepurchasedtant power-purchasegreementHowever. thh five 5)years. heuompany lans o constructn addilional ntlon_sdeAdditionallv.AEH sactively ursuingatents ndoutside ontracts as pliicaOre'loi ''severalcurrentrojects, etailed elow.However, oneof theseproOuctsrecurenflymarketable.Energy avingFuetAdditive: EH'smost ecent reakthroughasbeen hec,evelopmentf an economicalandnvironmentally_friendlyiueldditiveh;t willreducehe costof naturat asenergy roductrony zSu"6 rci. floi onl" rn,ff-Inrsproject nectetectrjcityroductionygas urbtnes, ut headdlive sprojectedo be-_ableo buh ingasheaters, sed noverSOo/of US homes,wtthnorunhermodaficationsUrban \rnr-Reactors second ewgren nergy dvances AEH.s onceot fa nucrear owerptenthat s mtntmalnstze,hasmultipteafety eatures, sesamrnrmumeactNemass, nd equires o arge oolingowers r akes.Acompact, lean, ighty fficient nercy ource uchas thiswoutd evotutionizenucearpowrnan urban etirngdramatrcallyeducrngnergy osts Thrsprolecr slr In tspretiminaryhases. ut hecompany nticipates oresohdoperationalndproductionataby Sumrner2OOT.CO, Removal: EHhasdeveloped safeandeffectiveystem or hecommongreenhousegas.arbon iox'deCOr. from heexhausl f combusteduels.Inrsstreamttnedystem sbotheconomicato Insta andoperale, s wellas freeof harmtul asteproducts. he eaction yproductseitheicalcium arbonateisodrum icarbonate,othuseful ubstancegasily ecycledn ndustry.Laghlningarvestingisa proveneadern theenergy ield,AEHseeksbecomethe irstcompanyo harnesshenatural nergy elN;redna boltof hhtnino. bvcollecting ower rom heground reasurroundinghe hghtnrngtnke;ndconvertingt ntousabte lectricityo be sold hrougn xiitingp,-owerriOs.Thear.erage.lrghtningoltcontarns pproxrmatetynemithon rtoiatts 1-OOO.OOOKw)oreEctncat nergy, nd ightningtnke owrsxorkby haNeshng,hisalmospheaictechical nergy ndconverting substantialortion f it-rntouseble leclrictty. arnessinghe naturalene.gy rocluceclroma bottofngnlnrngSa ctean nergy olution rl lnotOnly limtnateumerousenvironmentalazards ssociated ith heenergyndustry,t wi alsosignificantlyeducehecos inessof power roductionWhenamortEed verrour_roevn 4-7)years. ltghtningarmwi beable oproduce ndsetlerecrncrtyoras towas $0. 05- erk owaflhour thus srgnfrcanflyndercuttinglnecurrent roductionoslsof tscompetrngnercy ourcesI ne prqecl esearcheamhassuccessfultyevetoped modelgrototvDeooemonstratehe'c:lpluing capabilittesf the ightntngarm echnobot. ndnrt|ar rolectocuswillbe on thedevetopmenlf a mobilulFscatetifitnrnorarm o De ested uringpeak ighln|ngeasonJutyhrough ugust);f2OO7C_o-al-Deseionversion. uilding ff echnologyntroducedtunngWW forgasrryrngoatlocreate ynthetrcatural asor syngas thatcoJd be used omanulactureEsetfuel.AEHs coal-diesetonversbn roject il tproduce]?1000 ar:ls.idy f I'qud uets prmarityULSD) In;ddiion ro u;licr;ednalonalandstale nitialivesopromote tternalve nergy. ongress asmandtedhat heOepanmentf DefenseDoD) urch;se uet; (dreset,viationgasorne.Jet uets) erivedromcoatwhenever ossibleTheres no better


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B.

o.

econ-omic,nvironmental,r geopoltticalptronhan o convert artof ouroom-e_srceserves t.coalo syngas,hereby ugmentingatural asand|essenings dependencen orergn rl. The2OO5 iahwav i .;h,chauuonzes pro-ctuctionaxcredit f$0 S0ga on cr ULSD,wi add urthersignjficantenefitsf renewed ndextendeias expected.Themarketorall hesegreenenergy ources . productss nternationat.dbtributlonmcthodsot product3or!e.vlco3Drslribution.fromhenirctear ower lantwillbe hroughhe ulfimentof thepo$/er urchasegreement ith he ocaldrstributor ltotherDroiects resti indevelopmenlaltages nct ot eady ordtslribuhonrtatu! of anypubllclyannouncod ow product! oasorvicegAllpublicly nnounced roducts ndseNjces aveakeadybeenmentionedabove, ndarecuneny tisted hthe Researct no o"ueioprne,,t"jJ oiir,"company ebsate.c-ompolitlva u.inr. condlton., th. l!.uo.'r compotitivopo8ltion n thoInoultry, nd methodaof compottionCompelitbns ntensen heenergymarket,wilh he womaprsources f oowergenerarcn urreny beingnuclear nd ossrlfuel Nuclear owerhas he owestproduclionostandhpheslcapaotyactor f themalor ources t iLctricrtr--'wrn prooucrronoslor50.0169 erkilowatt our kwh) Accordrngo nat|on;ldata rom2004, oathasa costof g0.01g/kwh,nituraigasSO.oS"eZtniJiwh,andpetroleum0.0539 ents/kwh.However, aturalgis,petroteumnJcoJtpnces ave ncreasedecenlydue o the ising dces ffossilfuel.AEHwillonlypurchase nuctear lant ocatedna deregulatedrea,[email protected] ltowpower lantso maximrzerofrtmargrn ased n he currentmarket,huseliminattnguclear lantsn reauiatedareas s potentialomptors. Furthermore,EHantrclpatejtrepurcna-seiiplant hal ssnificanfly isl,ancedromanyothernuctear ower bnls. herebvmaking EHs pnmary ompehtiononsisl otety t moreostty i,fitiei, ucn aifossilfueled lants.With hedemandorcostffeclive nergy ourcesn he UnitedStatescon nutng-toncrease.sevidencdy2005 EnergyBi , AEHantictDatesmrnrmarfitculles rom tscomptitions theCompany orks owardtsgoalofconstructangnewnuclear nil.aourcgaandavailabllity t l.w matorlals nd ho namoso, prlncipalrupplier.The ssuer asno prlncipalupplierst this ime.Dop6ndenca n onooi a tew majorcustomrsThe ssuerwjllnotbe dependentn major ustomels.Patenb, radomarka,iconses, ranchires,concoaaiona, oyalty greemontsor laborconthcts, inctuding hoh duiation

F.

G.


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Thecompanys in heprocess fobtarningatentsor rts ghtnrng arvestngrechnotogy,o2removatrocess,nd n6rgy-..uinj*ri"JjitiuJ.n"r" "r"vatuedt$500,000,300.000-nd 3oo,oo-0,e"p"it""r},lili"i"nl p","nrinformationillbe rovidedhen vailable.hei"*, r,l" no'ojt|' rr"o"."*",tcenses,ranchises,oncessions,oyattygreerenti.i"Ooionil"t" "t ti"time.H. the-nodor anygov-gmmenlpprcval f principal roducts r gorvtcea,diacuaaho trtu. of .ny requestedoveinm",itppror"i" - -

Culrenly, ogovernmentpprova-lsppty. owever,nce nucleartantspurcnased,overnmentpprovalforewnuclearnit onstruciionittOenecessary.The ecenl uclearrovisronsI n 6 energy o6n"t ofZOOShas reatedn deatmarket tmosphereor h; O"""iopiiunioii,"ripr""t",unoAEHwil beat he orefrontf h,s pportunityegardt;;;;,,;;;;;"" ,"urchaser build ptant.Thebr providesn e-,gnty_;";tyS6:tO)"nguaranteeor echnolooieshatavordeouce , eqiesterile-miG,ons,inctudjngdvancedu;tear lants. dddionaly,neenlrqvlifconi;,"""approvedrcvisionsupportedy heAdminisirationnoiio-r"r-dioirou,oun"hundredercent.100%)f rhe ost fdetaywr,"n "AV" i"-Uu,vo-"; "lnduatry,s-controDuringonstructionnd t th" "t"n oi,op"rario]i"-oin" riorwo newnucteartants. hec,ostsoutd ecovereOp 6 ve nrrnJreCitondoltars$500,000,000)or he i6t two 2)ptantsntt*-o hrno-r"Ji,ivn,1,o"do ars 9250,000,000)orptantshreehroughl te_ot aifir"ni ,o "x"advantagefthisdirectivebynsuringtsco;st,u"iionla ne]" in-itirro" on"of he irst ix 6),andmost robabtyi-rstwo 2t* pLnl"il"Oi_n.ur"t"c intheUnited tates.lTEttl Vll),Thenetur tnd gxtont ftho |r3uor,! acilftie!Thecompanyscu(enflymanaoedul hehome ffic f hecompanysEO ndprestclentDonatdr'ispie.t rs ocatedta44oni* cr,ri"r, o. r,"rr"rL iiiir'ri-"i0"i"""-"i'*0r""ny.reasrnggreement rotheragreement6quiring ayments. ponpur"f,""Joi if,-en,tiarnucEarptant.he primaryacrlity il lbe movedothe nuclear tteThe ssuer asno materia imponant roperties.he ssuer asno plansor he acqursrttonfny pecrficropertyt hlsme houo;andidateucleartantsiJciii",,tryui"?i"r"..in"Ohe osrfpranturchasei,beepp;ximater/oomirr;on'tobo;lriJn iiili-"iil ,"rr", ,""omortgages,iens, r encumberedroperty.ne issre, rasno-teaseil iti-oialo."inn""t" on:!y lroprty.The ssuer asno ptansorany enovations,mprovemeni",, J"u"topil"nt" onany.property ithtnhenext woyears.Evenfuatry,ne ssueroes intinJi;;;;ff;" *,ucEaruniton a designatedite.Thecostof thtsconstructon iltbe approxirnaietvldo i ion obittion olars. The ssuer asno oeneratompetitiveondition" ;[;;;;;;;;L;;ru o, ,"y sr,ibJecl.heEsuerhasno needlf propertynsurancet this ime Wnen tie nuciear fantsurchased,heptant currenthsuranceoticywrl.be eviewed nd hen "ri"inJ"i,po"r"oas deemed ecessary he ssuer asno mplou"o r rnirprou"J pioiurt . *"* -'ITEM Vlll).Thoox.ct tifle.nd cta.s ofe.ch ctassof.ocuJttie! out t ndingThe rssuer asoneclassof securiltesutstanctrnghrle recommon hares.I heamounl fauthonzedtock s7S.ooO,O0Ooi,rnonuoting r,ir"a - - ''TheCUSIP umbers02147K 0sThe rading ymbotsAEHIITEM lX).Thepa. or statev.luo of thosecunw.


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The ssuer's ommon tocks g.OO1arvalue.lTEItl X).Thenumborofsh.res ortotal amountof th..ecu.l es outatanding,oroachcta!! of locurito! outltrnding

1. (l)As of December1,2004 yearend)(ii)Authorizedommon tock: 5,000.000(ill)Outstandhg ommoh tock 10,147,000(tv)Freetyradableharesr O,j4Z,OOO(v) Number f sharehotders:12. (i)As of September7.2OO5(ll)Authorizedlmmonstock:75,OOO.OOO(lll)Outstandingommon tock: 8,S72,000(tv)Freetyradablehares: 0,147,000(v)Number f shareholders:03, (i) Asof October , 2006(ii)Authorizedommon tock: 5.OOO.OOO(lil)Outstanding ommon tock: 5,652.086

(iv) Freety adabte harcs: ,644,544(v) Number fshareholders:i3ITEM Xl).Lilt oflocu.lfior offertng! and.haror llluad,or lorvtce8 n tho p.Bt t/o y.rEOn June29,2005.an ddjtionat8,42S,ooo_restrictedomnonshareswere ssuedocomptete:l j:!_rqtl9"^911"^"^*nriatsorporarion.hrougrrremersernseit!.driii, zrioOncvutrrerrdr r,,rvv.vvd esrlcteo commonshateswere ssued.The estricledommonharesssuedyAEHI orservicesreset orth s ollows:

NameDonrld L. GilllspioTaylorGllli!pioGracoGlon! ConlultlnoTIN: ,13.1052427IPOA.slst LLCTIN:20-2952637G.ogo.yE. KaneStovgnL. LoRoyRichardW. ttccufloughKennothA. St6hm, Sr.Jamoa tl.Taylol

ShiJgt7,000,0001,149,9991,800,0006,000,000

400.000

1,149,999400,000300,000300,000

SorvicogPresidentndCEOSecretary/TreasurerLJtilitiesonsultingBusiness landevelopmentBoardmembeGhipVicePresidentResearch ndDevelopmenlBoardmembershipChiefFinanciatOfiicerBoardmembershipBoardmembership


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RalphE.BeedteLeonR.Ellason

300,000400,000

BoardmembershipBoardmembrshipChairman

The,restrlctedommon hares suedby AEHlthroughonenngPrivalePlacehent. tg os/shareareset on]hCha.losAlcon ll lWadoM. BatemanDrvid FalrleighSunilGuptaLanc l. HaloL.nco M. Hrlo andTs.ry L. HaloLrnco M. Hato& ABsociato!TIN:54-1490034Tlust U/MSamuot . John! FBORoggri Johns,J..TIN:54{239785Robe.tC. HarbourWilllamD. LovelsndIntgmotGlobalphono,lncatlaithatylo.T.i CountyMaintenancYID:54-'127193E

SunBeltnergy esources,nc.pre-100,000200,000200,000100,000200,000100,000100,000100,000100,000200,000400,000100.000300,000

ITEM Xll). ho nameottho chlotexocuflvoofflcor,mombe.sof tho bo.rd o, dhoctoE,.!Mrell acontrolDatlonrA. OfficoB .nd Dhecto|t1. ExocutlveOfflcors

DonaldL. Glllisplg,a paslnuctear trlity enior xecutive asserved sPresidenrfAEH incenceptron.rcitt"piuoaitL""riv"-o**iij 6i"""Gtens onsutting,technic;tanagementon"rrt"g#p""i. *h,ihldiiru"seniortjlityxecutivesnmanagingommerclaluciearbweromoanies.noonernon-nuctearrganrzationsr. r spieha"o*n"odno n"natJJdi"'"J'GlensConsultrngrom2OO2hroughhepresent.As a senior xecu'tive_Mr.\,rn|spreepeostanup a technrcat anagefientonsuttingusrnessNpO. nAtanta.GA.whereheworked nttl etinni n2oOO,"J " "ir"6i, "p"r"ir"' "'company, MC,nHudson.Wt whrch peiales i, nr"learpo*e, of.aiti*in

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5-000 mployees.r.ci ispieworkedt NMC rom OOOhrough001,whenNMCwasawardedesl nclassor nnovationyFortesMagazinenZ6oi-Arso,-heashetd ositionst SacramenrouniJtp"itritio[t,i"ii" i"ir"."wrere_h^e_washemanagerfNuclearngineeringnacin"rr.r"rion,iJil"ionEo6on ompany.here esetued ssiledirectoiora co.merciiinucte"-i-'-plwerplant.Both fthese ositionsere.managemenlumaroundssjg;mentstodramaticllymproveerfomance.ehasmade resentationnman"yrntemalionalrums egardinghmanagementndoperationsfcom;ercialnucear ower tanls.naddition,e son heOoarOf airectorsiUavfi - -proouctonsandWatsh aceCraft. oth ma st".trp o.p"ni.". iJG-*"c i"theU.SNavy uctearubmadnerogram.ehotas eacletor t cie;e--939::-,1.1!:!l*t gineerin-grombmsonntuersttynj rr,r"slJlii-EusrnessanagementromMassachusettsnstitutet ectrnoloqv:i;anschoorf Manegemenr r Gi Fpieowns ,ooo.ooo."tria"Ji,!i"i'Ji"commontock f he ssur.3440Union hurch oad. haxton.irginia4174LIttl: """1'lo"gh. a.financiatxecuriveithover wenty-nine29) earsorelpen6nceorkingoth orandwithutilitiesndenergyompanres.asseNed n heBoErdfAEHandasCFO rncencept,on.itr.Mccuttoug;iaslead rossunctDnaleams fprofessDnalsncompletingverhree ill-iondollars$3,000,000,000)fsructuredinanciatransacfio-nsn frJenerlf 'maftets, eNing othhe oles f CFO nd nvestmentanker.Hew;;,President_andEO fGasource,Lc_ a naluratasma*eting ompl;nyrocuseondevetopingong-lermas upply rrangementstttitarge-endsersrrom 004hrough006. reviousty,rr,ir.lcCrl"igh;""J ";;, ;i"r..",bankeror pMorsanecurities2obi_2003),iJFr"i,oi"L-r .,ri]li"ii!.i '"securlies2000-2001).artneroiJcBradforur se.rnnojii idiii"i-i'b:'i,ffld:::3l.Sl':l1lncrarrr,cerr heMu;i",pd;.i"ild;A;;d;"t rvoo-w/r. Henasextensaveaoital adets xperience,nctudingorkiiwithmajornvestmentnd@mmerciatanks.hemaioratrngnstiruions,ridlly:lg Trl9 f.rld9.. dditionaly,epionee.eonanfprogre!"iueuii""lJ -approacheselatedo lhederegulationf bothnenaiu,al-gasnO tectric-markets.Mr_Mccultoughticensedsa CertufieauUriciccoun-tani-na-sobtained|sBSandMsdegreesromheUniversitviSorrn". iw"""r]ppi,and.nasomptetedxecuhveevettrainingrbothfieUnivers;tyiG;;;-; andtheUnrversityf North arotinarChapoiH. r,,fr.vfcculfo,jn'own!iio",bi-o-restdctedharcs fcomrnontockof the ssuer.

150Enctaveircle, anta,GA 30342Grgg!ryE.Kang, past uclearlantmanager,as ervedsVice residentandBoardmemberfAEH incenceplion.r,|r."n" "urr.en i ii""tlni'oi'Eagtet' Nuctearssstance.consuihngirm hat rovioes.i rrasroiiJeol'm-anag-emenlonsultrngooverwenty-fite25)nr;"". p;og;.;- ti;;";;;n::9::..]^"]1= 1:91 Hhsadditionaservea n nebrc-ite ucleararefnev|ew ommtleesl thirteenuclearperatingompaniesMr Kane eldh6positionfGeneral enagert Virginiaower'swtn nrt WRNorth nn;NUcEartantom tg8g o 199{.where ewas esponsibteorsafe perationand.budgetingf hestationnallaspectsf actvtids.unaerrti.xan!;sleadersirp,heplanlachevedop ndustryvaluatoncoresndoneof hercweslower roductionostsn heUnited tates. eforehispromotioniceneralManager, r.Kane erued orlh nnaNuclearlantasAssistanistationManagerrorn 983o 1980, frerransreningrcmihelosiliii '

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2.

Supflntendentperatronst Vrrgtniaowerstwrn njlpWRNuclearlantatJurry..rgtnra In hecapacityfSuperrntendentrom1972o isgl f.ai """orreqry anageday_todayrectonsorptant perat,on.. we a" Jeuefoiaew.proceduresnd n-housexpertisehat esutteoncirect osGav-,no'sl'iladdrtionaltyetdhepositionsf ShiflSupervrso,"d Op;,"t ;;il;;;;;:',-Vrrginiaucteartant provic,rngimwith atuaor"n"iir,rnio -r,"lil'n,J"roprationsf a nucteareneratingnir. n 1962.Mr.x""". ous";i;L;; b"servrngsanoperatorndelectncrann heU.S.N"uyNriL"",co"-"r* -' "tProputsronrogramandas he eadingtecrricarp"ilioiJnl- is"ruiior't H"urrestReactoroweredropulsionla;l Irvrranewnso660;$ffi #:i:,?:y*iil,?il""lil,?."r;i,"J1.-984N. Lakeshore rive, ouisa, A 23093Taylo-r-L. illlspiehasserved sSecretary/TreasurerfAEHsince nceDtDnsne |s_tsoa partnern tpo AssFt.an LLC hat "i"" piiu"r""no iln,i".""comf,anresubtichrcughheSlateof Nevada. ie, "u""nt poiiton-",if,it" t.oeveropmehlfbusiness tans.marketrngtrategres,trentetat,ons. iO irLi-companyynerg-yhehasworkedor pb-Assrsi"rnzocisr,r"-rs;hi ;;]"itrevroustyin2004.Ms crlspie ,vorkedtSequoyahucleartani", ; ;y;;.engrneerorauxitiarytant ystems.anagingperatronsncoesignin!,e-y-plantmodrficatronsrom 003o2004,heworkedsanunderg;duateuhemEtryndEngineeringutor l VirqhExecur,ve,ce-pres,denrnao+ounoe,'3r?il.1fltf0?:t"::?1r""""E repreneunatoc|ety.Ms.Gi ispteivednNan1,ng.t ni drrinilbOz,where:lelnst:ucted nderSraduatendgraduatetudentsnEnglish, ;luommun|cat|ons,ndAmericanulturesa professort "tretanlig tnstrtuteteteorologynorlo her imenChina,heheldhepositiontpi]airn"iu.-.-re.chnicran,vrthargreens,hrehewo,r(edo;p",ii,ii"d J.itiii""lirm"[email protected],ndp"rfor_rgi"*,,fo.y "ni "',::,i:::il.'S_9*:_ Ms cirkspreraduatedlomnenschoorn2ooo, o herreEvant ork istorynty ates ack x years.Additiona. us.Citt,sp,ecurentty otunteersith heRoanokeocietyo|.f,epreue,nfionoidrieiw rotl1:11(SP-CA) nd heRoanote isBrorh;rs isSistersmenioii;-oi;ra-rnbnenas.previoustyorkedsExecutuenform"tirn""r,"oros;iir") "i"';i;iJohnsonT nA ania,GA,he6d ounsetort Stearngquestri#e;reii -s-ummeJamps,nda Specrattympicsotunteer.i" Ci irG o"na'i, ng,g9gresuEtedharesfcommonlock f he ssur

3440Union hurch oad, haxton,irginia4174Dirgcto|l.LoonR,Eliason, past residentof wonucleartility usinessnils, asserv-edsChairmanJ heBoard fAEH rncenceptron r Ehasonsaroresspnaln heutilitresietdwith hirty-threeS:i V"urs i "ip"n""i" i"operations,,ahtenancengineering.ndmanage.enftrurrciear,ossii,trotar, ndHydro ower lants Hecurren servesnsevraladdttionaloversrghtoards.ofucteartrtilresnct rev;ousv,"10nri6i; ";;ii";oJrtons tthinhejnduslry. r.Eltasonerveds pres,Oentot fr. ttucLa.Eusrness.UnitndChref uctear fticercr puUt"S"rii" Ef""rr"""0 C"".Newark ew erseyrom1994hroughSse where ewaJ;;"""i0i"'ii, "rrprationalandupportctivittesnciudinguet,*f,"i*f "rpp"niur"i"""i' -,,planning-nd,financtatupportor wogeierarngiat|onsprevioustV.lvlrE ason e|dhepositionfpresdentof heGenirarionu"in"-";-rjiiiio;

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Northerntates ower ompany.inneapotisinnesotawhere ewasresponstbteor heoperationfallpower eneration,ncludino:ombustonnyoro, ucEar nd olar ower lantsAgain. is osponsibil-esmvolveduel.technicalupport,usinesstannino.nJ inanciarupportfr", Siri;i;dfromheSouth akoia choolofMines no ecnnobgy lh a LS inMechanrcalngineeringn1962.Mr Eliasonent n obecomeicenseclenrorReactor peratort heMonte Nucleareneratingrantnrdzi ani?---'

graduateromheUniversityf Minnesota'sinneso-tavtanagemeninsiituten1996.Mr.Etiasonwns OO,OOOeskictedharesfcommoi toit oittre'-|s5Uer.1775 dwardsdve, heridan,y 82BOlJrmoa rl,Ttylor, ormer hiefOperatrngfficer ftheU.S.NucleareoulatorvcommissbnNRc),as ewedn heB-oardinen ,""" i"iiiori ii"iJii'Jretirement.omFederat ervce n 1997,Mr laytor trasserveOn ti;"t";i- -sarely.9verstghtommittes t nine g)uttl esoperatinguclear owerolantsas weflas oDtatnedontractsorsupervisingestauctionork nsideheFrurontumu|dtngs t he DoE RockyFlatsFacilrty nderheausprces fKa|sr-Hrlt. uring iscareer, ewas recognizedy bothpresidentsBushandClmton.wih rosidentialistinguishedxe;utiveR;nk Awardsn 19g9a;d.ryr4. Mr. Iaybraoo[ronay hetd he position fChiefFinancral tficr urinohisye-ac fNRCemptoymentpriortoJoiningfreNnC n f SOOi fh;reouesiofne uftce ot personnetlllanagementfter heThreeMile slandncident,eseNedwrlh he Officeof NavatReactors s projectManageror heHnh S;eedAtiact_Submarinerogram.Mr Taytor oldsa'gachetor t ScienceOe';re;frommeu 5. Navat cademy. herh6 mishedifth n he ctass f 1956, ;d aMasters nd Enganeer'segreeom theMassachusettsnstilute fTechnoloovAs a unanermember flhe Federl eniorExecuhve ervEewith ortv 40)years.of xperience_tnhe ietdof nuctear ower.ar. aytor s recogn;Li a; anerpen nnuctear afelywttha remarkableecord f identifyingnd-carrectinooperatronalrcblems ithinhe ndustry ndNRC.Mr Taib; owns3OO,OOO"resr|cteo nares fcommon lockof the ssuer.

4935KestralParkway ,Sarasota, L 3423.1KonncthA. St6hm, Sa., pastpresidentof thenuctearndustry atchdooorganizationNPO, asserved n he Boa.dof AEHsince ncepiionHe Jcu(ently etired.fromhen_uclearndustry though e remains consuliant,serurng,onhe.NuctearafetyOversrght ommttteeNSOC) f pacifrcGasandE|ecrr|c utaDbCanyonNuclearacrlity priorto his elirementn 199g,Mr.srahm wasemptoyed y he nstitute f Nuclear owerOperatbns lNpO) nAflanta, eorgta.wherehe served s he Director f theNational cademvorNuclear rainangnd ate.as presidentof the nEtituterom iso io i99d 'MiStrahm dditionafiyerved s Vicepresident, WROperations;tC^omm-onw^eallhdisoncurreny Exeton).om1gS6b tSgO From 196.tto,l1y1r.l]1r;-:ranTervedn theU.S NavyNuctear ropulsionrogram.whtchncruoedhepositons f EngineerndCommanding fficer f Nu;learpowerednuomaflnes.He urther ervedhe u.s Navy n hecapacity fcommandrnoofficerof theNavalNuctear owerschoota;d or,"".,i, cr,lr,!" oi tr,"-nii"ni"FleelNavalNuclearropulsionExamintngoard.Mr Strahm-trotOsBacieioror scrence egreenelectrical ngtneeringrom heU.S.NavalAcdemvndaMastersnmanagementrom heU S. NavalpostgraduateSchool nM;nterev.califohia. Mr.Strahm wns3O0,OOOestrictectriresot common;tik;il;|s5Uer.

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3.

242KingsRow,Marietta,A 30067Rrlph E.Beodle, pastSen6rV|cepresidentof theNuclear nergynshtute,nasserved n he Board f AEHsince nception.Ur. geeolersa ,eiireanuciearnoustryexecutive ithover odyyears fexperi"n"" n r," ,",nt"*,i"-",'- -* 'operat@nndmanagementf nuclearaciftlresnaorganrzations.e Jirreo n2003afrer ervrngeven ears s Sen@r rcepres;Oe-ntanACnref uuceai-Offrcer f theNuctear nergynstitute where.naOOrtiono nisoperlio-n-atmanagennt ulies. eInteractedeouladv rlh neU S. ttucteaiRegultory9:lli'::'-"1,:!q 9ah",*eraragencies.i welt smembersfconsr-esstrercre ccepthghisposilton. r.Beedlewasemptoyedrom 1994io 1996bvIrru wnerene served sa departmenteadandseniormember f nuclearplantandcoeoration vatuationseams.Mr.BeeOteadprevlu"fy*"ri"i f",INPO, rom1983o 1985. eforeoinino heNe" Vo* poir", nrir,,j"iy i" i-gii.f llf :-gy-"|.1f1!"r'ty vrcep|.esidenifo|.ucrearupporr,ewas re;ponsibtercr censrng, mergencytanning.he radiologicalonkols ndchemtsirvprogramsndnuctearuelmanagementt th; tnotan oint3 ano ne ariresnFrIzFar|cKucearpower lants. n 1991, ebecamehech|efnuclear f{icer fth PowrAuthority ndwaspromotedo executiveicepresident, ucfu"i-- -generatjon,ith esponsibil fora oporatonsofthe woplants irorimZtorroJ Mr..Eeeoteetuedn heLJ.SNavyNuclear ubmarinerogram,whichheentered ftergraduatingiom hU.S.N;vatAcademyOuring ,Js";,"e in ne-u J. Navy,newas hecofimander fa nucleat ubmarine,nuclear owerschootinsrrucrorn anatysror hesecretary f tre Haw,aiuomiinlloiaaroncnEr-or-slan.nda membe. f theSecretaryfthe Navy,s restigous trategicStudiesGroup Mr Beedle wns3OO,OOOesrrcteo hares tcommon tockofthe ssuer

1933Baltimore nnapolis tvd,Annapotis, D 30067',Addltlon.l Bo_.rdmo|r|be.!Grog Krno.nd Rtchard cculoughwcrollatod nthoOfflce6 rocflonot thl. ttem.GengralPa nors - N/AContaolPoBonaDonGillaspieCEO,Director, nd27%sharehotder

B. Leg.UDbcipllneryHbtoryNoneofthe abovenamed arties ave,nlegarordisciptinaryction s tistedn his ol;pasl fiveyears'been he subiect fanyC. Oisclosuro f Ce.trin Rolationship.

. TaylorGillispie,ecretary/Treasureandshareholder,s thedaughter fDonaldGillispie, Eo/presidonuDirectornd27yo harehotder.. Taylorci ispie,.Secretiary/Treasurerndshareholders theowneroflpoAssist LC,23%sharehotder. DonaldGi ispie,CEo/presidenuDirectornd27%sharehotder,sthe ownerof craceGtensConsuttingLC,7%shareholder_

1.

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. XaraKjrker,shareholder,s alsoSecretary/Treasurerf NussentiarsHoldings,nc.,predecessor,ife of KelleyKirker, hareholder,aughter tRamona nderson,hareholder,ecretary/Secretaryreasureiot tttsHotdingsnc,shareholder. KelleyKirker, hareholder,salsoCEOof Nussentialsoldingsnc,predecessor, arriedo KelleyKlrk6r, hareholder,nA on oj to. ancDawnKirter,sharehoner. JoannaHoover,hareholder,FOof lTlSHoldingsnc.,shareholder,ndCFOof Nussentialsoldingsnc,predecessor-. HunterCarr, hareholder,revious ussntialsoldings resident,CEOoflTlS Holdingsnc,sharehotder, ar ed to VickiCan,siaretrotOer,attrer fAtishaCarr, harehotder,ather fChdstina mith, harehotder. Ramona nde6on, hareholder,ister fVickiCar, shareholder. AtishaCarr, harehotder,isterof Christina mith, harehotder. VickiCarr, hareholder,randmothorf Garrett ndGhampurce,sharcholders, other f KyleThomas, hareholcler,isterof Rodand RonVickers, hareholders,isteFin-iawf Tawanda ickers, hareholder. Donatd apaugh,hareholder,artner f HunterCarr, harehotde.,ather fKyteandLaurenSapaugh,hareholders,randfatherfTannerKate,Sapaugh,hareholder,athe.of KnstinW;lhs,shareholder.artnernRarnmakerenturesl. shareholder. Christiana mith, harehotder,arriedo prestonSmith, hareholder. KyteThomas, hareholder,arriedo TimThomas, hareholder. KristinWallis, harehotder,aniedo TysonWa is,shareholder. LanceHale, hareholder, aniedo TerryHale, hareholder,wnerof Lancel\4Hate ndAssocaates,harehotder. MichaelHtuchanek,harehotder,residentof Nussentialsotdingsnc,predecessor. PautThayer, harehotder,irector t tTlSHoldingsnc,shareholder. A yn Hoaglund,hareholder,irector f lTlS Holdingsnc,sharehoKer. GeorgeRobeds, hareholder,irector f tTlSHoldingsnc,sharehoEer. Rainmaker enturcst Lp. 5oloharehotder,artner f tTtSHoldingsnc,shareholder

O. DlscloluJoot Confltctsof Interost 1{/AITEM Xlll).BonsflcialOryne.aDonGi rspie 3440UnionChurchRd,Thanon,VA 24174 7,OOO,OOOhares, 7%oharehotderGraceGlensConsultingLC 1.8O0,OOOhares, olohareholderOwnedby Donatd i ispie seeabove)IPOAssistLLC 6,000,000hares, 3%shareholder_ Owned y TaytorGi isp - 5710Crisprn t 38. Roanoke, A 24019t(arnmaker enturesl LP 1,300.000hares, olo hareholderDonaldSapaugh 10750Hammerty,econdFtoor,Houston.Texas7704,1ITEM XlV).The nameot any outsideprcvidoE thrt advb. tho t3lusr on mano.! ,otaflng oopentiona,buliness dovolophant,anddiscloouro

. Couna6l:8ob Sontolld,Sonfield Sonfield,770SouthPostOakLane,Ste435Houston, x 77056V: 713-877-8333Faxr 32-553-19'11

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