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I take it you just scooped up a mill? :)
I wonder if their is a hold up on the PR to include any update on this quote from the letter posted on the web page.
While the CP-3 pump is a good product, it will not tolerate the use of JP-8: the pump essentially wears out in 500 hrs. Our redesigned pump has shown more than a 90% reduction in wear at the 500 hour test point (the baseline), and we fully expect to
complete a 1000 hour overload test without any significant wear or distress. The pump has accumulated about 800 hours to date and we should complete the test within the two weeks. We expect to successfully complete the entire project on or about May 1, 2012
(on schedule).
http://www.altfueltechnology.com/files/Comments.pdf, page 2
Hey Invest - I e-mailed that company in So Cal that was touting DME last year to see if their is any update or progress. I have not gotten an e-mail back as of yet.
Too quiet! I hope it is the calm before the money storm of abundance!
One market that we are considering for our redesigned CP-3 pump is the diesel
performance market: drag racing, truck pulls, etc. This is a relatively large market3 where
people are willing to pay high prices for products that meet their needs. We have started
preliminary discussions with several well-known performance parts distributors and have
high hopes that some “production” business will materialize as a result. We are also
considering joining the Specialty Equipment Market Association (SEMA), a very large
organization comprised of over 6000 manufacturers engaged in the automotive
aftermarket (mostly racing related) business. See www.sema.org.
http://www.altfueltechnology.com/files/Comments.pdf
The reason that this is good is because it shows that AFTC is ready to shift from an R and D company into a company who is producing and selling there pumps.
AFTC has succesfully used the Army to fund and test their pumps. Now is the time for AFTC to market that pump and what they can do to other companies. That is why this is BIG!!
Did you know that most products that make it big were at one time tested and used by the United States Army???
Said before and will say it again. Best DD digger.
Weekend still, doing home work, watching kids. :). Thanks for the news?
I feel we are in for a good summer :) IMO
See Post #6753
I did not see mention on aftc or Volvo in the slide show?
Volvo? I should have checked the date on that before I posted it.
Not sure, but I found this while I was searching for one :)
http://www.energy.ca.gov/2010-ALT-1/documents/2011-03-07_meeting/presentations/Bio-Propane%20DME%20Presentation.pdf
First and last time poster I am guessing?
Jim is right every time he has posted news, the shares have taken a dive.
Only contracts of worth are going to bring the price up.
Street, that update is posted at the top of the AFTC blog. Lots of good info.
I dub thee mayor of AFTC crazy town. Better be careful you might catch Jim in share ownership!
This long would be ok with a rocket ship to the moon! :)
AFTC!
What is Mid to Long for you? I have been in 3 years now :)
bam29er, that is a good question that I really do not have an answer for. .20 would be tempting. I think if it gets to .20 I would have to take a long look at what AFTC coming has down the pike.
One thing that I think AFTC needs it more stability in its investor’s relations department. My hope is $1.00, but I have no proof or reasoning as to why it would go that high, unless Ford is still a player for AFTC pumps. IMO
I am of the mind if you can't beat them join them at this point. I am not going to sell unless it hits a pretty high mark anyhow. And you never know, maybe Jim actually comes through with news and a big contract for once.
Define huge? I agree with you, but I am always curious to see what peoples thoughts are on price of this stock. I have been in for 3 years. It was in the .05 range when I found AFTC. It made that run when AFTC sold a system to Ford for research. Since that time Fords work with AFTC has gone confidential.
here here.
I do not recall stating anything about worrying if I was bothering him???
I could care less if he feels "bothered" by me.
What I did say is that the days are over when we could pester him to the point of posting. I do feel that in the past e-mails requests made him feel presure to put PR's out.
Those days are over, and Jim himself stated that his lawyer told him that it is ok to only put out a single PR a year when you are a pink. Research it, you will find the e-mail on this very board.
GLTA
Once again. Investor, you know me. I am board.
The only reason I e-mail him is because I get board. To be hounest, his e-mails are not full of anything helpful, and we are long past the point that pestering Jim will force him to put out a PR.
Heck, I think he was jacking with me on one of my question that I will not post. Felt like he gave a made up answer that was some what funny.
I think I am to the point where I need to shut this one out of my mind and let it sit another year.
I recived the same e-mail response yesterday. He also said he is going to put out the 1st quarter numbers on the website.
Happy Easter All!!
hmmmm, that is interesing.
Now, what about the pop up stock book?!
Que???
I will ask Luna - She has a way of using small words that I seem to be able to understand.
Come to think of it, Luna - you shouls write a penny stock for dumbies book. with pop up pictures and what not.
Wait, maybe I am confuesed. And trust me that is a possability, with a 5 and a 3 year old, it can mush the brain.
.0006 is less then where we are now. So how is having a big order on .0006 wishful thinking?
interesting.
I sure hope the next PR has some contracts on it.
Wonder what that is all about.
What things are you stating have been cleared up?
So what did he give me?? False info??
Interesting.
Here is why I am not as opptimistic as you are in the area of PR. When I e-mailed Jim 3 weeks back when we had the rise in pumpers on the site I stated that I was worried that when he dropped the news PR that we would see a quick rise and then a drop as we have in the past because of the P and D's.
Jims response to me was that he garrenteed that would be the case because that is how the pinks always are.
So if the CEO himself does not expect sustained share price after the PR, then why should I?
JMHO.
Could be that I have not really looked at it in a long time :)
This could be nothing, but Bloomberg looks like they have updated info on aftc itself, but no news yet.
http://www.bloomberg.com/quote/AFTC:US
May I ask why you feel the PR will help the stock price? I suspect a PR will cause a quick rise then drop unless there is major contract news in it.
So plain talk, move from pinks is to a money maker for us longs?
Do you know the requirements to move up? It is not something you can just do. We would all could lose our investments for that jump to happen. You have to be at a buck for a prolonged time to even be able to make the jump, i think.
It would take a dreaded r/s to get us to a buck.
I have never heard Jim say anything about move off the pinks. Actually he said the time and money it would take make it impossible for him to do so. That is my memory on the subject.
Like I said, that is MHO. He did not say it.