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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 Apr 23, 2013 9:54pm
466 Views
Post# 21293038

The Reverse Split Reality

The Reverse Split Reality

 Here we are. A Reverse split of 200 to 1 That about does it for short term growth potential. They have created more room to dilute to raise cash. The Order from the USAF should of been the priority. At least find out if they were serious. A No would of cleared up any speculation. On to new horizons. They are now just farther away. With all the press releases showing progress. Now a hit to the Investor. This will be a be a stock you can file away to "It had potential". This will be my last post. I will surface up again with a new company that believes in it self. Not diluting & telling a story then reverse splitting and trying to tell the same story to new investors. The Longs on this one got it handed to them. I have seen this so many times. Investors keep coming back and that is why it still happens. Signing off, sorry my commentary did not work out.

 

Sincerely,

 

Gekko4 

Bullboard Posts