updated Aug. 20, 2017
Alternative Fuel Technology. Inc. was dissolved by Shareholders
Charter revoked by the Nevada Secretary of State in 2015.
Alternative Fuel Technologies, a Michigan LLC, and wholy owned subsidiary
was also terminated by operation of law in 2015
last 10K:2010 with otcmarket.com stop sign
Copy of cessation, dissolution and liquidation meeting below
In 2015, Alternative Fuel Technology, Inc. and its subsidiary, Alternative Fuel Technologies, LLC (collectively; AFT) ceased operations and discharged all of its employees (4 highly skilled people who are now employed elsewhere)
The CEO/inventor died of cancer in 2013
His widow, and former Office Manager, hid his death for more than 6 months until accidentally discovered by a Shareholder
In 2013 AFT lost all of its Government contracts, comprised solely of SBIA experimental R&D
In a “note” to Shareholders in 2015, CEO/widow stated, Oooops, made a “mistake” in the 2014 fins. All the Gov. Contracts actually ended in 2013 and were not renewed.
AFT doesn't own any patents...AFT has never owned any patents. (Per the U.S. Patent and Trademark Office)
In early 2015, the widow, owner of 70%+ voting shares,voted to dissolve the Company
In 2015, the widow liquidated all of AFT’s assets at auction 2015 liquidation sale
The widow sold the building she had been renting to 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
The widow will not talk to anyone about selling the shell. I have tried email, snail-mail and telephone, all with no response
Her home address is 1350 Buckingham, Grosse Point, Michigan 48230 (nice shack).
no products or services
no physical location
2015 liquidation sale
I have owned 25+ MM shares for years. The only way this is going to go up and stay up, is by a reverse merger, not by hype and a temporary small run up.
Welcome to Alternative Fuel Technologies, Inc.
AFTC is a research & development organization engaged in the design, development and prototype manufacturing of advanced fuel systems for use with a new alternative fuel -- dimethyl ether (DME). The Company has developed practical, low-cost fuel injection equipment for DME fueled vehicles and currently provides complete DME fuel systems for testing and research purposes in addition to retrofit systems that can be used with most diesel engines.
In addition to DME fuel injection development, AFT is also engaged in the improvement of commercial diesel common rail systems for U.S. military applications. The U.S. military uses JP-8 fuel for all of their engine powered equipment from helicopters to diesel trucks. Modern truck diesel engines equipped with high pressure common rail fuel systems suffer abnormal and unacceptable wear when they are run on a JP-8. AFT is developing a well-known diesel common rail system that is fully compatible with JP-8 jet fuel.
All of our DME systems are designed and built at our research and development facility in Redford, Michigan. We have complete, state-of-the-art CNC machining centers, precision grinding and lapping, and very accurate inspection capabilities.
From the holistic viewpoint, the Volvo Group regards DME (dimethyl-ether) as one of the most efficient renewable fuels, an alternative with extremely low exhaust emissions. If the fuel is produced from biomass such as black liquor from the pulp industry, DME is carbon dioxide-neutral. With modest changes, a diesel engine can run on DME.
Learn more about DME:
LATEST COMPANY UPDATE: http://www.altfueltechnology.com/files/statusmay2014.pdf
Share Structure: Shares Outstanding 592,233,688 a/o June 12, 2017
Authorized Shares 1,500,000,000 a/o June 12, 2017
Due Diligence Links
AFTC OTCMarkets Company Information:
Bloomberg Businessweek AFTC Snapshot:
Barchart.com Snapshot Opinion on AFTC:
Stock Technical Analysis on AFTC from StockTA.com
Alternative Fuel Technologies, Inc. Web Site:
State of Michigan Corporate Filings for AFTC:
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