Alternafuels, Inc (fka ALTF)

[BSWB]

Not sure if this means anything, but OTC now has Bartons favorite attorney Kaleem Sikandar somehow associated with an Alternafuels, Inc. from Tampa.

http://www.otcmarkets.com/research/service-provider/The-Law-Office-of-Kaleem-Sikandar?id=5518&b=n&filterOn=3

[nit2win]

Does anyone have any type of updated news on this company?

[MorningLightMountain]

how was it possible to start trading at all????

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79372049

[Ichauway]

Looks like they stopped this one before it ever started. Probably a good thing based on what they did with ALKN.

[Renee]

ALTFD : Revoked :

http://www.sec.gov/litigation/admin/2011/34-64787.pdf

The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors to accept the Offer of Settlement submitted by Alternafuels, Inc. (“ALTFD” or “Respondent”) pursuant to Rule 240(a) of the Rules of Practice of the Commission, 17 C.F.R. § 201.240(a), for the purpose of settlement of these proceedings initiated against Respondent on April 4, 2011, pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”).

II.
Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or denying the findings herein, except as to the Commission’s jurisdiction over it and the subject matter of these proceedings, which are admitted, Respondent consents to the entry of this Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to Alternafuels, Inc. (“Order”), as set forth below.

On the basis of this Order and Respondent’s Offer, the Commission finds that:

1.
ALTFD (CIK No. 826743) is a Florida corporation located in Tampa, Florida with a class of securities registered with the Commission under Exchange Act Section 12. As of March 30, 2011, the common stock of ALTFD (symbol ALTFD) was quoted on OTC Link (formerly "Pink Sheets") operated by OTC Markets Group Inc., had seven market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

2.
ALTFD has failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder because it has not filed any periodic reports with the Commission since the period ended December 31, 2003.

IV.
In view of the foregoing, the Commission deems it necessary and appropriate for the protection of investors to impose the sanction specified in Respondent’s Offer.
Accordingly, it is hereby ORDERED that:
Pursuant to Section 12(j) of the Exchange Act, the registration of each class of Respondent’s securities registered pursuant to Exchange Act Section 12 be, and hereby is, revoked.
For the Commission, by its Secretary, pursuant to delegated authority.

Elizabeth M. Murphy Secretary

[ss25lot]

Here we go again JoHN Stanton Zuckerberg cross check the names cross check the deals hang on for massive dilution and miracle technology dont invest in this just gamble

[Bondman3958]

hello everyone. So is this it? Are we going to shine soon?

[Jazz5]

I'm still trying to find out all the details myself. Will keep this board posted. I my self, I'm holding. Monster Diesel has to much potential. JMO, don't listen to me. Do what you want at this point! Seriously! Not Sure of the outcome here

[ironcondor]

So did they buy the whole company for 120 million shares, every 3 shares of ALKN is now one share of ALTF? approx.

[cshe14]

Altfd

[Jazz5]

Kudos to you! I'm in a silly kind of way..... maybe liking this. Let me do some diggin myself! Seems to me I remember something. And that doesn't happen often!

[cshe14]

ALTFD was suspended so they trade on ALTF. When you Put in ALTF on I hub they have two press releases.




ENERGY SECTOR

|


OIL, GAS & CONSUMABLE FUELS INDUSTRY



ALTERNAFUELS INC
(ALTF:OTC US)


LAST $3.00 USD

CHANGE TODAY 0.00 0.00%

VOLUME 0.0

ALTF On Other Exchanges



As of 4:30 PM 03/31/11 All times are local (Market data is delayed by at least 15 minutes

[cshe14]

Suspension of Trading
Apr 04, 2011
OTC Disclosure & News Service

Washington, D.C. -
U.S. SECURITIES AND EXCHANGE COMMISSION


SECURITIES EXCHANGE ACT OF 1934
Release No. 64168 / April 4, 2011


The U.S. Securities and Exchange Commission announced the temporary suspension of trading
in the securities of the following issuers, commencing at 9:30 a.m. EDT on April 4, 2011,
through 11:59 p.m. EDT on April 15, 2011:


• Centrack International, Inc. (CENK)
• Alternafuels, Inc. (ALTFD)
• Intelligent Medical Imaging, Inc. (IMIIQ)
• Optimark Data Systems, Inc. (OPMK)


The Commission temporarily suspended trading in the securities of the foregoing companies due
to a lack of current and accurate information about the companies because they have not filed
certain periodic reports with the Commission. This order was entered pursuant to Section 12(k)
of the Securities Exchange Act of 1934 (Exchange Act).

[cshe14]

ALTF Security Details
Share Structure
Market Value1 $54,015 a/o May 25, 2011
Shares Outstanding 18,005 a/o Mar 18, 2011
Float Not Available
Authorized Shares Not Available
Par Value 0.001

[cshe14]

Item 1.01 Entry into a Material Definitive Agreement


On May 17, 2011, Alternafuels, Inc., entered into an Asset Contribution Agreement to acquire the right to develop a series of business concepts and opportunities in exchange for 120,310,000 shares of our common stock. The assets include the assignment of notes receivable, real property, and various technology patents, licenses and inventions.


We acquired the assets from two members of our board of directors, John Stanton and newly appointed Mat Zuckerman. In addition, Mr. Stanton is our Chief Executive Officer and Mr. Zuckerman is now our Chief Technology Officer. We did not obtain a professional valuation of the contributed assets, and instead we based the consideration paid on our estimate of the properties’ value. Because of the intangible nature of the assets and that fact that our directors are also the sellers, we cannot be sure that the estimated value is accurate. The shares of stock exchanged in the acquisition were issued pursuant to the registration exemption contained in Section 4(2) of the Securities Act of 1933 and constitute restricted securities under Rule 144 of the Securities and Exchange Commission.


Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers;



On May 16, 2011 the Board of Directors appointed Mat Zuckerman as a Director, President and Chief Technology Officer of the Company.

[Jazz5]

lol I looked for it and this is it! The letter D on the end is for new. Look here http://www.otcbb.com/symboldirectory/static.stm

[Jazz5]

And where?

[cshe14]

Wrong Symbol it is going to be ALTF they already have a board.

[lancero]

Thanks for the "heads-up"! If all goes south, maybe they could do a raffle. OR, it could be a great marketing event to raise awareness in "new" company!

I am either going to ride this to the stars or ride it in ala Strangelove.

[Jazz5]

Thanks for the welcome! Nice job of getting this set up. Great to see ya both. I guess I know where we all stand eh!

[Ichauway]

I will take post number 2. My Broker shows ALTFD at 3.00 no bid or ask at the moment.

[Scorp1us]

Welcome! People from ALKN!