Note 3. Common Stock

6 Months Ended

Jun. 30, 2011

Stockholders' Equity Note Disclosure [Text Block]

NOTE 3 - COMMON STOCK

During 2006, Alternate Energy Holdings, Inc.

-     Issued 4,252,088 shares of common stock to the Nussential Holdings shareholders in the reverse merger – See Note 1 for the details.

-     Issued 1,249,999 shares of common stock valued at $1,318,749 for services.

-     Issued 1,964,000 shares of common stock for cash received in the amount of $321,999.

-     Purchase 400,000 shares of treasury stock for cash in the amount of $20,000.

During 2007, Alternate Energy Holdings, Inc.

-     Issued 7,865,652 shares of common stock valued at $1,687,111 for services.

-     Issued 8,433,536 shares of common stock for cash received in the amount of $1,749,359.

During 2008, Alternate Energy Holdings, Inc.

-     Issued 24,762,049 shares of common stock valued at $2,587,558 for services.

-     Issued 10,709,717 shares of common stock for cash received in the amount of $1,106,355.

During 2009, Alternate Energy Holdings, Inc.

-     Issued 28,282,532 shares of common stock valued at $1,433,891 for services.

-     Issued 500,000 shares of common stock valued at $25,000 for a contract option fee.

-     Issued 29,180,536 shares of common stock for cash received in the amount of $1,460,325.

During 2010, Alternate Energy Holdings, Inc.

-     Issued  54,136,041 shares of common stock valued at $5,094,064 for services.

-     Issued  750,000 shares of common stock valued at $375,000 for two contract option fees.

-     Issued 134,051,642 shares of common stock for cash received in the amount of $9,913,992.

During 2011, Alternate Energy Holdings, Inc.

-      Issued 1,850,000 shares of common stock valued at $ 190,500 for services

-      Cancelled 1,000,000 shares of common stock.

-      In June 2011, the Company and a consultant entered into a agreement to rescind 1,000,000 shares of common stock previously awarded to them.