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Alternative Fuels America, Inc. NSIH
Pink Sheets No Information / Common Stock 5.000.00 ( 0.00%) Real-Time OTCBBO 2.50 x No Inside (1 x No Inside ) Trade Time Nov 30, 2010Why is size value always 1?Contact Info
2020 NE 163rd St.
Suite 300
North Miami Beach, FL, 33162
Phone: 305-935-6900 x241
Update Company Info Business Description
Netspace International Holdings, Inc. (NSIH.PK) has acquired Alternative Fuels Americas (AFA). This Company is a wholly owned subsidiary of NSIH.
Alternative Fuels Americas (AFA) is a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel. The Company has a well defined, vertically integrated business model with a number of distinctive and innovative components which it believes can be rapidly and efficiently implemented, including (a) control of feedstock sources via feedstock purchase agreements, (b) operation of in-field extraction and refining facilities, and (c) integrated logistics. The AFA model represents the culmination of 3 years of research and industry involvement, drawing on the lessons learned from evaluating strategies and tactics deployed by the industry pioneers.
Financial Reporting/Disclosure
Reporting Status Dark
Audited Financials Not Available
Latest Report
Regulatory Agency Deregistered a/o May 15, 2003
CIK 0001078629
Fiscal Year End 12/31
OTC Market Tier Pink Sheets No Information
Profile Data
SIC - Industry Classification 7389 - Business services, misc
Incorporated In: DE, USA
Year of Inc. 1996
Employees a/o
Company Officers
Craig Frank Chairman, CEO
Neil B. Swartz Dir., CFO
Company Directors
Craig Frank Chairman
Neil B. Swartz Dir.
Company Notes
•Formerly=Netspace International Holdings, Inc. until 10-2010
•Formerly=TargitInteractive, Inc. until 6-07
•Formerly=GourmetMarket.com, Inc. until 8-01
•Formerly=Sterling Partners, Inc. until 1-99
NSIH Security Details
Share Structure
Market Value1 $2,496,835 a/o Dec 23, 2010
Shares Outstanding 499,367 a/o Oct 13, 2010
Float N/A
Authorized Shares N/A
Par Value 0.001
Shareholders
Shareholders of Record N/A
Beneficial Shareholders N/A
Corporate Actions
Ex. Date Record Date Pay Date
Security Notes
•Capital Change=shs decreased by 1 for 4 split. Ex-date=1-19-99.
•Capital Change=shs decreased by 1 for 30 split. Pay date=8-9-01
•Capital Change=shs decreased by 1 for 100 split Pay date=06/11/2007.
Non US Stock Exchange Listing
-
Short Selling Data
Short Interest 0 (-100%)
Nov 15, 2010
Significant Failures to Deliver No
Transfer Agent(s)
Pacific Stock Transfer Co.
Service Providers
Auditor/Accountant
N/A
Legal Counsel
N/A
Investor Relations Firm
Parallel Marketing Services
Press Release Source: Alternative Fuels Americas On Wednesday September 22, 2010, 9:00 am EDT
NORTH MIAMI BEACH, FL--(Marketwire - 09/22/10) - Netspace International Holdings, Inc. (Pinksheets:NSIH - News) announced today that it has changed its name to Alternative Fuels Americas, Inc. ("AFA") to better reflect the Company's new business focus of establishing a sustainable biodiesel enterprise in select Latin American countries. The Company has also applied (but has not yet received approval) to change its stock symbol to "AFAI."
In addition, the Company also announced, that pursuant to a decision made by the Board of Directors and approved by a majority of shareholders, it has implemented a 200 for one reverse stock split effective at the close of business on September 16, 2010. Pursuant to the reverse stock split, each 200 shares of common stock will be converted into one share of common stock. No fractional shares will be issued; rather fractional shares will be rounded up to the nearest whole share.
AFA is currently rolling out a development plan designed to plant more than 100,000 hectares across up to 14 Latin American countries with Jatropha, a plant particularly suited for the production of biodiesel fuel. The Company has engaged in successful agricultural trials and has begun the process of initiating commercial plantings. AFA intends to be a "seed to pump" company and plans to engage in all phases of the biodiesel process -- planting, growing, and harvesting Jatropha, crushing and refining Jatropha seeds into biodiesel, and selling the biodiesel or green fuel into the local markets.
"This name change and reverse stock split are necessary steps in our efforts to establish a strong structural foundation for our company," commented AFA CEO Craig Frank. "The name Alternative Fuels Americas clearly emphasizes our business and the reverse stock split significantly simplifies our capital structure, enabling easier trading of our common stock as well as improving our ability to raise additional capital. Moreover, we believe that this will assist us as we continue our efforts to establish a meaningful presence in the Latin American market for biodiesel fuel and grow shareholder value."
About Alternative Fuels Americas
Alternative Fuels Americas (AFA) intends to be a "seed to pump" company and plans to engage in all phases of the biodiesel process -- planting, growing, and harvesting Jatropha, crushing and refining Jatropha seeds into biodiesel, and selling the biodiesel or green fuel oil into the local markets. For more information, visit http://www.alternativefuelsamericas.com
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
NSIH 1-200 RS 10/13/2010
http://otcbb.com/asp/dividend.asp?sym_id=NSIH&dDate=10/13/2010&sDateType=ex_date
NSIH: Internet Marketing and SEO Firm "Netspace International Holdings" Completes Reverse Merger
http://fereals.com/naja/m92o9211641851io19/rt535175411
Netspace International Holdings, Inc. (Netspace) (Other OTC: NSIH.PK - News), a provider of web design and custom internet marketing services, announced today that it has completed its reverse merger. Under the company's new share structure, there are approximately 60 million shares of issued and outstanding stock.
Netspace, headquartered in Aventura, Florida, offers clients a wide array of critical services designed to transform their website into a highly effective, integrated marketing tool. The Company has franchises operating in a number of the country's largest markets, which allows for excellent customer service and the delivery of marketing products supported by state-of-the-art, best-of-breed technologies. With over 10 years experience and expertise, Netspace focuses on client ROI and sets marketing goals specific to its customer needs.
Netspace is lead by Neil B. Swartz, CEO, and Christopher Arthmann, COO, two seasoned business professionals with management and technology sector experience. The Company urges investors to visit Netspace.Com for additional information on its corporate management team and detailed information on its entire suite of web design, internet marketing and Search Engine Marketing Services. Additionally, the investor relations section includes the ability for investors to receive e-mail alerts on all press releases and corporate announcements issued by the Company.
"Today is an exciting day in the history of Netspace. Our transition to a public entity will afford us the opportunity to expand our successful business model, while introducing the Netspace brand to a significantly broader investor base. The reverse merger will position Netspace as the largest company of its kind to be traded on a public exchange," commented, Neil B. Swartz, CEO. Mr. Swartz continued, "Our goal is straightforward and simple -- to provide the most comprehensive marketing tools for our clients while increasing shareholder value on a consistent basis."
Christopher Arthmann, COO of Netspace, stated, "We view this merger as the next logical step in expanding our presence in the web development and internet marketing arena. We believe our franchise growth model, dedication to customer service, customized products, and focus on technology make us distinctive and compelling to our targeted customers. We expect this will allow us to drive growth in revenue and expand the Netspace brand and operational reach."
About Netspace International Holdings, Inc.
Netspace International Holdings, Inc. delivers professionally crafted websites, customized online marketing solutions, e-commerce platforms, and the technology backbone to support superior web performance and reliability to Small and Medium-Sized Enterprises (SME). For additional information visit www.netspace.com
The foregoing press release may contain forward-looking statements, including statements regarding, among other things, about the expectation of Netspace International's future business. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment, and the Company's performance. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate.
Author Information
Duran Inci
Netspace International
Are you a "GREEN" stock player?
I'm sorry, what?
Or is that any news?
A little vague, need some meat on the PR bones!IMHO
A little vague, need some meat on the PR bones!IMHO
Don't understand the recent activity, or lack thereof
This will provide
jobs in the rural areas of Central America. Acutal job market in the middle of nowhere giving poor families the opportunity to support their loved ones.
-Or- AFA should acquire the land and offer job stability in the area and the piece of the company.
trading was nonexistent after a pretty solid day of trading yesterday. Just was a bit interesting to me.
I think they are waiting for more news.
I like thin ones. They can move fast.
yep, thin to both directions...
Wow, this thing moves on air
Tuesday, February 09 2010 8:49 AM, EST Netspace Announces Sale of Assets Market Wire "US Press Releases "
MAITLAND, FL -- (MARKET WIRE) -- 02/09/10 -- Netspace International Holdings, Inc. (PINKSHEETS: NSIH) announced today that it has entered talks with a number of interested parties for the sale of its assets. The sale will allow management to focus all its attentions on the implementation of its business plan for Alternative Fuels Americas (AFA).
" Netspace has a 14 year operating history, a strong brand, and significant amounts of operational materials," said Craig Frank , AFA CEO . "Since its inception it has demonstrated the validity of its concept and more recently the business model for SME websites has expanded. Netspace offers a buyer an excellent opportunity to enter this growing field."
Netspace assets include the complete infrastructure for the sale of franchises, including the Uniform Franchise Offering Circular (UFOC) document required by the Federal Trade Commission , a complete Operations Manual, a complete Marketing Manual, complete set of legal documents, all necessary franchise marketing materials, and a complete line of website templates.
The Netspace web development model is designed to establish a compelling web presence for Small and Medium Sized Enterprises (SME). The Internet remains the fastest growing communication and commerce channel and has become an essential business tool for SMEs.
On a national level, according to the Small Business Administration , Small & Medium Enterprise in the United States :
-- Represent 99.7% of all employers. -- Employ more 50% of all private sector employees. -- Pay 44.5% of total U.S. private payroll. -- Generate 60%-80% of new jobs annually. -- Create more than 50% of the private (non-farm) gross domestic product.
According to the Office of Advocacy of the SBA , there are approximately 22.9 million businesses in the United States . Of these, approximately 22.2 million are classified as SME, with 16.5 million classified as small businesses.
According to a survey conducted by Dunn & Bradstreet, 87% of all SMEs have access to and engage the Internet regularly. Approximately 55% of all SMEs engage in ecommerce, and more than 80% of all SMEs have a website they use to promote or conduct their business.
The web design and marketing sector is highly competitive with many local service providers and a small number of national companies. The sector leader is WSI, a Canadian based franchisor with approximately 800 U.S. based franchises. Other companies in the sector include Intuit and Go Daddy. The Netspace Assets could enable its acquiring party to enter this growing market with all the tools necessary to establish an immediate and compelling market presence.
Focusing on Alternative Fuels Americas
The sale of the Netspace assets will allow management to focus all of its intentions on executing the growth plan for Alternative Fuels Americas (AFA) -- a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel. The Company has a well defined, vertically integrated business model with a number of distinctive and innovative components which it believes can be rapidly and efficiently implemented, including (a) control of feedstock sources via feedstock purchase agreements, (b) operation of in-field extraction and refining facilities, and (c) integrated logistics. The AFA model represents the culmination of 3 years of research and industry involvement, drawing on the lessons learned from evaluating strategies and tactics deployed by the industry pioneers.
About Alternative Fuels Americas
Founded by The Tudog Group , Alternative Fuels Americas (AFA) is a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel. For more information please visit www.alternativefuelsamericas.com
Contact: Parallel Marketing Services Shelly Fabian 1-877-354-5909 info@pms-marketing.com
yah obv shares were issued as per website OS much higher now
If that is the case this market value is 4k?
wonder if anyone has called the TA? last OS i see is 400,000 on pinksheets..maybe i can call in a bit will let ya know
Who is Shelly? And when you say "pinksheets will be updated" does that mean that they are going to a higher status or just that the share count will be updated?
worth a repost imo..
http://www.biodieselmagazine.com/article.jsp?article_id=2007
Jatropha’s Advantages
While palm, soybean, other vegetable oils and waste grease continue to be feedstocks of choice for biodiesel production, producers have been turning to jatropha. The inedible crop thrives in subtropical regions and has been elevated to the top of the list as a primary source of feedstock for biodiesel production in Central America. A single jatropha tree yields approximately 1 gallon of biodiesel. Other advantages are: it doesn’t compete with existing food crops, uses less energy to produce, its glycerin byproduct can be used in the petrochemical and specialty chemical industries, it’s low in sulfur, and the husks that hold the seeds are high in nitrogen and can be used as a fertilizer. “There’s always been a focus on Central America when it comes to certain agricultural feedstocks [for biodiesel production], certainly from the U.S. perspective,” says Craig Frank, chairman of Alternative Fuels Americas, an emerging farm-to-fuel producer in the global biodiesel sector. The Florida-based company signed an agreement with Technoserve Guatemala, the local branch of a nongovernmental organization that works with entrepreneurs in poor, rural areas of developing countries, to develop a 600-acre area in southern Guatemala to experiment with different jatropha varieties. AFA plans to produce about 80 MMgy of biodiesel to sell directly to domestic markets. The company has a five-year expansion plan that calls for the aggregate control of at least 100,000 hectares (247,105 acres) for jatropha. In addition to its plans in Guatemala, AFA intends to expand its farm-to-fuel venture into Costa Rica, Panama and El Salvador. “Part of the challenge with these smaller, developing countries is that they don’t have a whole lot of room for error,” Frank says, adding that starting small could be the best strategy for other producers looking to do business in Central America. “If they make a mistake with a [large-scale] investment it could take [a country’s] whole initiative down. They have to find ways to mitigate those risks.”
anyone read what the company is about
Alternative Fuels Americas (AFA) is a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel. The Company has a well defined, vertically integrated business model with a number of distinctive and innovative components which it believes can be rapidly and efficiently implemented, including (a) control of feedstock sources via feedstock purchase agreements, (b) operation of in-field extraction and refining facilities, and (c) integrated logistics. The AFA model represents the culmination of 3 years of research and industry involvement, drawing on the lessons learned from evaluating strategies and tactics deployed by the industry pioneers.
looks like they own a drafting board and some white boards and some pens
please correct me if I'm wrong before I buy in
well last OS on PS was 400,000 so will see what the new nums are when PS updated..def thin imo!
looks pretty thin too Not many shares out there
cooly lets see if this can really get legs fer us here.))
good to hear thanks curious to see how this pans out in the coming days
shes gappin up so far .037x.07 now
This one came out of the blue nobody had a clue and people seeing the big percentage increase passed it up but share price is still low with the small float Im thinking its a little over 2 million I see there was one day where over a million were dumped at .0003 How that was possible Im not sure
Mine was the last buy here today fwiw. Couldn't pass up taking a chance on this one.
Had to call in the order with TDA.
I spoke with Shelly briefly and she said that pinksheets would be updated soon (as in this week). She did not have the share structure exactly yet so she wouldn't give me any numbers, obviously the float is small.
I may be looking for some more shares here tomorrow.
No one was on this one at all (on IHUB anyhow) until the PR came out. I like that.
Only 123500 shares traded under .03 today out of the 383000 I think this will have a nice run in it
I started this board today when I saw it starting to run. I don't know why my post is where it is (not the first)....probably cause I never started a board before and didn't know what I was doing.
Anyway Lets see where this goes tomorrow.
Stockcharts.com doesn't even have the symbol so I sent in a request for it. Should have it by tomorrow. I send so many request in that I usually get them petty quick.
Good advice. Thanks
Buy a small position dont go too big on it see how it plays out
Thanks, wireliner. I just may get in tomorrow morning.
Looks to me like its just getting started wasnt many trades under .035
yah seen that too why i didnt get in large..eom
recapitalization
Within the next several months it is our goal to bring all accounting up to date, change the name of company and recapitalize the existing structure."
guess it won't be thin in a few months
http://www.riverrockcap.com/testimonials.html
hopefully there's more success than SFSH.PK
yah i didnt start the board fyi lol..yup im wit ya..will see what haps down the road..
off riverrock website..
Netspace
Led company turnaround, structured reverse merger and
raised $1 million through a 504 offering.
np board mark 4 ya
not my type of the stock yet - too thin... will see what happened when (if) it breaks dime.
hopin they FS it er somethin
hey Xtreme!!))yah i hear yah lol noone wants to chase specially thous of percents lol..but hey i said f it and got a few jus in case lol..OS seems tiny last known like 400k isnt it?
YAAAY a board!!! haha whats up Fly? Whats your thoughts here?? You in?? I usually hate jumping in after a stocks up 10% already, this ones up over 7000%!! HaHa...still debating what to do here...any thoughts?
shes a thin one indeed
Todays PR:NetSpace Announces Acquisition of Alternative Fuels Americas
Jan 6, 2010 1:22:00 PM
MAITLAND, FL -- (MARKET WIRE) -- 01/06/10 -- NetSpace International Holdings, Inc. (PINKSHEETS: NSIH) announced today it has fully completed the acquisition of Alternative Fuels Americas (AFA). This Company is a wholly owned subsidiary of NSIH.
Alternative Fuels Americas (AFA) is a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel. The Company has a well defined, vertically integrated business model with a number of distinctive and innovative components which it believes can be rapidly and efficiently implemented, including (a) control of feedstock sources via feedstock purchase agreements, (b) operation of in-field extraction and refining facilities, and (c) integrated logistics. The AFA model represents the culmination of 3 years of research and industry involvement, drawing on the lessons learned from evaluating strategies and tactics deployed by the industry pioneers.
New technologies and advances in agricultural practices, as well as new feedstock development, have transformed the economics of biodiesel, allowing for profitable production, particularly under a vertically integrated operational model. Driving the growing market for biodiesel is:
-- A desire to reduce dependency on foreign oil.
-- A desire to incite economic development, particularly in rural
regions.
-- A desire to promote clean energy and reduce carbon emissions.
AFA was founded by The Tudog Group, a Florida-based company with business advisory, business development, market research, training, and merchant banking divisions. Tudog was founded in 1999 and has worked with more than 200 companies from 19 countries.
With this transaction Craig Frank was named CEO of the company. "We are very excited about this milestone," stated Mr. Frank, "and AFA being public will allow us to take advantage of the assets of the company. Within the next several months it is our goal to bring all accounting up to date, change the name of company and recapitalize the existing structure."
This transaction was put together by River Rock Capital and Tudog.
About The Tudog Group
A Florida based company with business advisory, business development, market research, training and merchant banking divisions. Founded in 1999 and has worked with more than 200 companies like Amdocs Ltd. and Military Resale Group from 19 countries, including throughout Central America. Tudog has been active in Central America since 2005, working with a number of governments, NGOs, and private companies in Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador.
About River Rock Capital, LLC
River Rock Capital was founded in Maitland, Florida by experienced seasoned financial professionals. The Company's core competence is company renewal and the structuring of liquidity events. River Rock Capital has worked with more than 30 companies from 11 different industries. The Company's activities have served to raise more than $100 million in capital and established over $700 million in company value. For more information please visit www.riverrockcap.com
About Alternative Fuels Americas
Alternative Fuels Americas (AFA) is a biodiesel consolidation company seeking to acquire companies at every phase of the biodiesel cycle, instituting operational efficiencies and reducing the cost of the biodiesel.
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact:
Parallel Marketing Services
Shelly Fabian
1-877-354-5909
info@pms-marketing.com
wow nice find imo..eom
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