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AlumiFuel Power Corp AFPW

AlumiFuel Power Corporation is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. The Company operates primarily through its subsidiaries, NovoFuel, Inc. (Novofuel), AlumiFuel Power, Inc. (API) and AlumiFuel Power Technologies, Inc. (APTI). Hydrogen generated by its products fill inflatable devices, such as weather balloons, feed fuel cells for portable and back-up power, and replace hard-to-handle and high pressure K-Cylinders. The Company's hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for flameless ration heaters. The Company's first commercially available product is the PBIS-1000 portable balloon inflation device. The Company has not generated any revenues.


GREY:AFPW - Post by User

Bullboard Posts
Post by Gekko4on Feb 13, 2013 4:32am
533 Views
Post# 20979268

Contract

Contract

 Merger Plans could mean a contract is coming to make this a worthwile venture. After a revenue stream has been established, Funds could be directed to research and development to expand into the desired markets. The price point is at an all time low for quite some time. More dillution only means inhouse ownership. A reverse split happens when there is no interest or a low share price. We have one of these scenerios but interest levels are here. If insiders are owning the majority of the shares,they will not be in favour of reverse split. I feel we are at the begining of a run this company has not experienced. If nothing happens in short order I will stop doing a commentary on this company. It has all the pieces in place. Now a Contract is the last piece. This is last thing to show if this company is for real.

 

Sincerely,

 

Gekko4 

Bullboard Posts