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NEWS OUT!
http://finance.yahoo.com/news/alumifuel-powers-pbis-2000-successfully-110000290.html
AlumiFuel Power's PBIS-2000 Successfully Completes Final Testing
Unit Is Ready for Delivery to Customer
MarketwirePress Release: AlumiFuel Power Corp – Mon, Apr 9, 2012 7:00 AM EDT
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Symbol Price Change
AFPW 0.0001
CENTENNIAL, CO--(Marketwire -04/09/12)- Early production stage hydrogen generation company AlumiFuel Power Corporation (OTC.BB: AFPW.OB - News) (the "Company") through its U.S operating subsidiary, announced today that it has completed the assembly and final testing of its Portable Balloon Inflation System (PBIS)-2000. The unit is now being prepared for delivery to the Air Force Special Operations Command.
The PBIS-2000 generates sufficient hydrogen to inflate and launch a 200g weather balloon with a 1400g payload package in 20 minutes. This new system represents the latest lift gas technology developed by AFPW, including operations at ambient pressure and low temperatures. It has the capability to use up to six AlumiFuel cartridges per launch depending on the launch time requirements and balloon size. A short video of the final outside testing of the unit and the balloon filling can be viewed at http://vimeo.com/39992326.
The current weather balloon lift gas market is pegged at $200 million per year, and encompasses military as well as civil government meteorological users worldwide. Traditionally, helium has been used as the primary lift gas for weather balloons, but with the increasing scarcity and cost of helium, users are rapidly switching to hydrogen and the Company's PBIS family is far more mobile, safe, and cost effective than other on-site hydrogen generation systems. After purchasing any unit of the PBIS family, typical customers would continue to purchase replacement cartridges to launch up to 700 balloons per unit each year (up to 4,200 cartridges).
The Company's Chief Technology Officer, Mr. John Boyle, said: "We are very proud of this first PBIS-2000 unit. It represents a unique combination and integration of mechanical, chemical, fluid, gas, and air design components - including coded stainless steel pressure vessels - housed in a ruggedized polypropylene case. AFPW's growing family of PBIS and portable power products will leverage this advanced world-class technology for on-demand hydrogen generation."
About AlumiFuel Power Corporation
AlumiFuel Power Corporation, operating through its subsidiaries, is an early production stage alternative energy company that generates hydrogen gas and steam/heat through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices such as weather balloons; can replace costly, hard-to-handle and high pressure K-Cylinders; and provides fuel for flameless heater applications. Its hydrogen/heat output is also being designed and developed to drive fuel cell-based and turbine-based undersea propulsion systems and auxiliary power systems. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
Contact:
CONTACTS:
Investor Relations:
AlumiFuel Power Corporation
Thomas B. Olson
Corporate Secretary
303-796-8940
Technical Information & Marketing:
Email Contact
Level 2 will be very interesting this morning. That will tell us whether PR is fluff or holds true value.
We have 7.4 Mil in 12 minutes. I hope you're wrong.
You obviously didn't read or understand my replies. There is absolutely no reason to start anything at this time. A friendly word of advice, if you're here flipping as you stated huge profits. Better be careful what you say. Just trying to be nice.
There's a certain forum member stirring the pot. Just checked my Shareholder Database and he is not in it.
People need to understand that these delays and or extensions will continue until we get resolution. It's just the legal process of keeping filings current. In the beginning there was a set time period everything needed to be completed by but something got in the way. Hehe.
I know you understand this but I have been getting emails. they're not getting away with anything. They are simply legally keeping their filing current until it is allowed to proceed. That is not in their hands.
Why file before all the investigations are completed? For one, it makes our case all that much easier and less expensive if all the violations have already been proven. If not, the attorneys have to spend money on their own investigators to follow up on everything that is alleged that they have done. Who do you think pays for this? We do in the end.
If, at the end of ALL investigations it has been proven that illegal activities have taken place and we do not have the just resolution. We will proceed with further actions which will include the lawsuit.
At this time it is in the best interest of the group to allow the investigations to conclude. I advised everyone long ago, this would not be resolved overnight. You should expect every court hearing to be postponed until these investigations are concluded.
Foul Play? LMAO
Not yet, we're waiting for all the investigations to be completed. Then from there we move forward.
LOL, he took profits and ran. Volume is too low to move. After a 1600% run yesterday. you should have all seen this coming. Not bashing.
This will run hard and fast if people start hitting the ASK. Two days ago it ran 40% in 15 minutes. Slap it and you're at .0050 in no time.
Tier Changes Defined - Must Read
OTC Pink Limited Information
Companies that are unwilling or unable to meet OTC Markets' Guidelines for Providing Adequate Current Information but have submitted some but not all of current information required are rated as having limited information. These are often companies with financial reporting problems, economic distress, or in bankruptcy.
Source
http://en.wikipedia.org/wiki/OTC_Markets_Group
Start slapping the ask at these levels. This will run hard and fast.
GDGI on the move again. Don't miss easy money.
GDGI poised for another huge run. Nice entry point again.
Need to do some ask slapping. I would but funds all tied up.
That was classic MM walk down on very little volume
Greenway Design Group Announces Installation Order for Kash Casinos.
http://www.otcfire.com/otc-blog/39-gdgi-news-greenway-design-group-announces-installation-order-for-kash-casinos
Casino chain in Mexico orders first round of Cool-n-Save pre-cool systems with a contract valued at $59,731 (USD)
HUNTINGTON BEACH, Calif., July 26, 2012 /PRNewswire/ -- Greenway Design Group, Inc. (GDGI.PK) today confirmed that its ESA dealer in Mexico has received an order from the Kash Casino network to install Cool-n-Save systems at two of their facilities.
The first round contract is valued at $59,731 USD for the two facilities located in Naucalpan and Cuernavaca. Kash Casinos operates five facilities in Mexico.
"We are very pleased to receive this order from our ESA dealer in Mexico at this time," says Ben Lefrancois, president and chairman of Greenway, which is based in Huntington Beach, CA. "This is the first of several contracts that we anticipate we will close this summer. This is also the early fruits of our revenue-building efforts. It demonstrates that not only can we create an innovation that saves a significant amount of energy for our customers, but that we are capable of generating solid revenues from sales for our investors."
Lefrancois also commented on the company's efforts to defend against recent stock trading activity that has negatively affected Greenway's share price. "We are disappointed by the activities of a small number of traders, but we will push through and continue to focus on the fundamentals of running this company. Our first line of defense will be from growing our revenue base from sales; that's how the markets will see Greenway's real value potential."
Greenway markets their pre-cool technology under the trademark "Cool-n-Save." Field studies show that Cool-n-Save evaporative pre-cooling systems may produce energy cost savings as high as 30%, with an average savings of about 26% from air conditioning use during peak heat seasons. The company also received a "green engineering" award from TechAmerica/Harvey Mudd College in 2011. For more information, call 714-892-0011 or visit www.coolnsave.com and www.greenwaydesigns.com.
FORWARD-LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASSUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR COMPARATIVELY LIMITED FINANCIAL AND MANAGERIAL RESOURCES, OUR INABILITY TO MARKET AND SELL OUR LIMITED PRODUCT LINE IN SUFFICIENT VOLUMES THAT MAY ALLOW US TO ACHIEVE AND MAINTAIN PROFITABILITY AND POSITIVE CASH FLOW, THE UNCERTAINTY OF MARKET TRENDS, THE INTENSE COMPETITION FACED FROM OTHER CURRENT AND FUTURE TECHNOLOGIES AND THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH STATEMENTS.
GDGI is the next ATRN without the crooks. 52 week high is .29 Was .14 in june.
All we need is a little attention. KABOOOOOOOMMMM
What I liked the most about your pictures was in the background. You could see product ready to ship. Quite a few pallets to ship.
GDGI, Much more to come.
Actually, i alerted @ .0024 but still. Much bigger run coming.
GDGI KAAABOOOOOOMMMMMMMM
Don't miss the GDGI train. This should be a pick here.
jeanette36, Check out GDGI. I think you'll like it.
http://investorshub.advfn.com/boards/board.aspx?board_id=12553
Once people find this stock. It will hit the moon. This stock will fly on just medium trading.
GDGI going to EXPLODE
Don't sell into those 22's. This thing is ready to explode.
This chart is two days old. At that time it was oversold. Now it is poised for breakout.
So you're using a calendar from 2008? Nice
The Bull Exchange did a promo just before that.
Thanks for the reply. Was thinking about playing but this looks like a run like hell stock and don't look back.
Who is Asher? I sure hope it's not the guy from Spartacus. Seriously though, Who is he?
Once all the investigations are completed and if wrongdoing is proved. YES, absolutely. Our case will be much easier at that time. Until then, we wait.
I would expect this to continue to be delayed until all investigations have been completed.
Did you notice it skips from Page 9 to 30?
I just changed my sell order with no problem. I use Etrade.
You use USAA, Thank you or your family member for serving.
Exactly, I haven't seen that letter and wonder why it's posted. Goroyce sent a nice brief detailed letter to the judge outlining our concerns and to expect my package. Neither of them were ever posted and as far as mine, I'm pretty sure why it won't get posted. All I can say is that it had a lot of supporting documentation included.
Don't know what Pacer cost but if you printed mine out at over a 1/2" think. I'll bet $$$$