AFTC: Strong Upward trend! On Big fire since 06/13 with Huge Slapping volumes! Near 20M shares Slapped at New 52-week high $0.0005 v.s. the Positive Book Value is $0.0007 a share! Meager 61.871M shares FIXED Tiny float and only 592M shares FIXED Small OS from the TA on 06/12! Easy to surge back to its recent high 0.0046 again v.s. at Mere 0.0003 now! Reinstated recently --- see the first link below! Key DME Technologies and Patents etc. IP assets --- see the second link below!
About 2 months ago there was a huge pump. A few suckers got conned into buying at .0005. There were 58 million shares trades that day. Since then, the trading has been anemic. Daily trades getting progressively worse, falling from 58, 19, 2.5, with frequent zero days.
The reason why:
Information current as of 9/13/2017 Alternative Fuel Technologies. Inc. was Dissolved in 2015 by widow who held 70% of voting shares.
2015 - Charter terminated by Michigan Secretary Of State
2015 - Charter revoked by Nevada Secretary Of State.
Alternative Fuel Technology, Inc. and its subsidiary, Alternative Fuel Technologies, LLC ceased operations, discharged all of its employees... (4 highly skilled people who are now employed elsewhere)
The CEO died of cancer in 2013 and his widow hid his death for more than 6 months
CEO’s death was accidentally discovered in a neighborhood weekly flyer by shareholder
AFT lost all of its Government contracts in 2013 which were all SBIA experimental R&D
AFT has never owned any patents, royalties or licenses...now or in the past, per the U.S. Patent Office.
AFT has no current affiliation with DME or DME Organizations
In 2015, the widow voted to dissolve the Company (she owned 70+% voting shares)
In 2015, the widow sold everything at liquidation auction 2015 liquidation auction
The widow sold the building she owned, which 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, since 2015:
no products or services
no patents, no licenses no royalties
no connection to DME or any DME organizations
no physical location
Copy of Cessation, dissolution and liquidation meeting below
I have owned 25+ MM shares for years. The only way this is going to go up and stay up, is by an unlikely reverse merger, not by hype and a temporary small run up.
As for DME…AFT is not a member of any DME Organizations
AFT has no product or service or income regarding DME
AFT has no product or service or income…Period!
BECAUSE IT IS OUT OF BUSINESS! ! !