Monday, June 05, 2017 10:17:32 AM
The CEO died of cancer in 2013
His widow hid his death for more than 6 months
AFT lost all of its Government contracts which were all SBIA experimental R&D
AFT owned no patens
In 2015, the widow voted to dissolve the Company (she owned 70+% voting shares)
In 2015, the widow liquidated all of AFT’s assets at auction
The widow sold the building that was rented by AFT
The website has been taken down and the Domain is for sale
The widow has refused to talk to the many people who have tried to work with her in a variety of ways, including buyout, partnership, R/M ……
It is a clean shell, but she will not talk to anyone. She doesn’t need the money.
Her home address is 1350 BUCKINGHAM GROSSE POINTE PARK, Michigan 48230 (nice shack).
So:
no business
no employees
no products or services
no equipment
no contracts
no physical location
no website
Owning 25+MM shares does not make me happy, but the only way this is going up any appreciable amount us through a R/M and I don’t believe that will happen anytime soon.
2015 liquidation auction
AFT current website
Notice of vote for dissolution 2015
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