Wednesday, August 27, 2008

AEHI Sues Environmental Group Over Defamatory Statements Intended to Damage Company in Its Efforts to Build Idaho Nuclear Plant

Alternate Energy Holdings, Inc. has filed a lawsuit in Idaho's 4th District Court after the Snake River Alliance, an environmental group, and its director called the company "scammers." The comments, broadcast Aug. 11, defame the company, its board, its stockholders and development team, said AEHI President and CEO Donald Gillispie. "We have passed two independent financial audits and if anything were even slightly amiss, we'd have heard about it," Gillispie said. "These radical groups are allowed to make almost any claim they wish, regardless of the facts, and the media rarely questions them. Someone has to hold them accountable. They have used defamation tactics since the day we announced this plant and the media has obliged them by spreading their fabrications." AEHI is the parent company of the Idaho Energy Complex (www.idahoenergycomplex.com), a proposed 1,600-megawatt nuclear reactor in southwestern Idaho. Elmore County has scheduled a hearing for Oct. 1 on a request to rezone 1,400 acres in preparation for the plant near Mountain Home, Idaho. read more

Source: Alternate Energy Holdings, Inc.

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