Hong-Shin Pan resigned as a director and officer of Alternative Energy Partners, Inc., effective immediately. At the time of his resignation, Mr. Pan also served as President and Secretary of the company. Mr. Pan expressed no reasons for his resignation and did not express any disagreement with company on any matter relating to company's operations, policies or practices as part of his resignation.

On March 20, 2013, the board of directors of the company appointed Michael Gelmon as an additional director of the company, as well as Chairman of the Board of Directors, effective immediately.  There are no understandings or arrangements between Mr. Gelmon and any other person pursuant to which Mr. Gelmon was selected as a Director of the Company, although Mr. Gelmon also serves as Chairman and CEO of Novation Holdings, Inc., the majority voting shareholder of Registrant oldings, Inc. Mr. Gelmon does not have any family relationship with any other director, executive officer or person nominated or chosen by company to become a director or executive officer. Mr. Gelmon, age 47, is an experienced CEO and Director of several publicly traded companies, in addition to Novation Holdings, Inc., has been involved in consulting and turn-arounds or work outs for various public and private companies.