Categorized | Stock Newsletters
OTC Reporter News Alert – AFPW
Posted on 09 August 2010 by admin
Headlines: "AlumiFuel Power, Inc. Successfully Trains First Customer in Use of Its Unique
Portable Balloon Inflation System; and Additional Orders Anticipated"
AlumiFuel Power Corporation announced today that its technical team has assisted an unspecified military
customer in the initial field training on the Portable Balloon Inflation System
(PBIS-1000).
Based on customer reaction, API and its path-to-market partner, Kaymont
Consolidated of Long Island, New York, the world's largest distributor of
weather balloons, believe the PBIS-1000 can become the field standard and
product of choice.
Check out the web-site for AFPW: www.alumifuelpowerinc.com
The customer base for the AlumiFuel Power’s PBIS-1000 product includes
various governmental users both civil and military.
Keep an eye on AFPW, they could become a very desirable buyout candidate in
the automotive production market!
OTCReporter.com, HotOTCChina.com, OTCPennystockreporter.com,
OTCPennypicks.com, and Chartpenny.com (the “Websites”) are owned by Oceanic
Consulting, LLC ("Oceanic") and Garden State Resources NJ, LLC ("Garden State")
(Oceanic and Garden State are collectively referred to herein as the "LLC
Companies) , both of which are New Jersey limited liability
corporations (the Websites and its owners, the LLC Companies, and their
affiliates, directors and officers and its immediate family members are referred
to in our Disclaimer as "OTCR" or "we" or "us" or "our"). Because we receive
monetary or securities compensation, most often in the form of
common stock (hereafter referred to as the "Shares") for our dissemination of
publicly disseminated information (the “Information”) regarding various issuers
of securities, we disclose our specific compensation herein and in our
individual reports of profiled issuers. The LLC Companies received
twenty-five thousand dollars from a non-affiliate third party shareholder of AFPW AlumiFuel Power Corporation in return for OTCR’s services to publicly and
electronically disseminate information pertaining to AlumiFuel Power
Corporation. It is imperative that all readers of the above
compenstations disclosure carefully review our Disclaimer in its entirety, which
contains important information about penny stocks, our operations, the limited
nature of the Information and various risks attendant to the companies that we
profile, including that: (a) we receive our compensation in free trading shares,
which we will sell immediately upon their receipt as well as during the
dissemination of such Information or within hours, days, weeks or months
thereafter, or at any time; as a result, our selling activities will cause
significant volatility in the Issuer’s stock price and/or significantly depress
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which will cause significant volatility in the Issuer’s stock price and/or
significantly depress or increase the Issuer’s stock price; (c) there is an
inherent and actual conflict of interest that exists between our Readers’
interests and our interests because we: (i) receive the Shares as compensation
for disseminating the Information and thereafter sell those Shares at any time
for monetary gain, including at the same time the Information is being
disseminated or shortly thereafter or at any time; and (ii) buy and sells the
Profiled Company’s shares in the open market at the same time or before the
Information is being disseminated or shortly after the dissemination of the
Information or at any time. Our gains from sale of the Shares may be
substantial.
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