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I am thinking that patience is still the way to go in AFTC.
What is the purpose for discounting scares? oops Freudian slip Shares not scares.
I am glad that we are finally to a place that Pump and dumps are not able to find out and build up PR's.
This is one reason I am hesitant when I hear anyone asking for others to e-mail Jim and get info.
I do think it is a good price to get more if you can because .002 has seemed to be the bottom for sometime now.
I would doubt that Ford UK would be that loose lipped to respond to such an e-mail. I personally feel that these prices are great to load up on. In info we have about AFTC certainly warrants a future price jump.
How did you pull out that DD. I am amazed at the ammount of info that this board is able to come up with.
I think that Luna was just playing along with all the silly things we aftc bloggers hold onto to make us feel better that we are all in the same boat, we all have no idea what building or when they are moving or what is going on behind closed doors :)
I am sure that Luna's post did not state for sure that is the buildind. And to be hounest, does it really matter.
Sales contracts are what is needed. I am sure they are on the way.
Maybe we are not talking abotu the same e-mail. This post does not say "Many". Are not on the same page?
Yes, there is growing interest in Europe and Asia, but the USA is tough for many political reasons. We are negotiating in Europe for a passenger car project that we should hear about soon. We are very busy with projects for the US Army, but the technical aspects help us with our DME developments.
We plan to move our offices across the street so that we can expand our R/D test laboratory. I own this building (I have not received any rent payments from the company since 2007), but it is too costly for me to add an addition. It is much cheaper to pay for office space, especially in this market.
I hesitate to make any PR releases because every time that I do the stock drops because of naked shorting. We want to help our shareholders, but we simply do not know what to do. We have learned that the stock market, especially PinkSheets is, for the most part, very corrupt.
If you look at our financials quickly, it would appear that we are losing money. However, that is only because my wife and I only take a stipend for salary (we are the lowest paid employee’s) and accrue the remainder. Our cash flow is positive, and we have not received any investments or sold any stock this year. We are doing O.K!
Please don’t hesitate to contact me in the future.
Jim McCandless-President
Alternative Fuel Technology, LLC
Tel: 313 720 8680
Visit or Website www.altfueltechnology.com
zcloud9 - if you re read that e-mail, it did not say "another" car contract. It just said car contract. Could it be the same one that they are not able to talk about with Ford? If Ford has asked them not to give out info then I think Ford's request would trump the OTC 4 day rule.
Question for you and everyone else. Who decides what is news that needs to be posted in order to stay with in the guidelines for OTC?
AFTC putting in for another project to me is only news if they are awarded the contract, therefore I do not feel they would be in a non compliant state to not post an actual PR.
Also - does posting on the website (which Jim stated will be his most used way of giving PR info) constitute necessary news to be in the guidelines of OTC?
I have no problem with you e-mailing Jim. He always seems to give you good info that is helpful. But I would not e-mail at the request of others.
you want it, you do it :) We just got an e-mail from him in which he said he will not be sending out PR until there is real news.
Another great reason to love this company, they have more then one thing going for them. They are not
depending on one thing only.
Aftc long.
Kurek - Heck of a question. Do we know taht the proposel for the Army is for a DME rail system? I thought it was for a JP somthing or other fuel?
I do not claim to be an expert. I think that AFTC does deal with other fuels then DME only.
BT any ideas?
There have been 2 admins that new of DME and dumped it. Three now if you count Obama. Clinton not interested. Bush was then changed to ethinal instead. Obama, only interested in making people think he cares about bio fuels. Seems like they are all going hard natural gas and other bios. Not so much DME. Even Jim has said DME is a hard sell for the USA. My thought is because the US does not really care about the price of oil. They want it to go higher so they can make us feel that there needs to be a change. Then the bait and switch will come. They will give us bio and tax the hell out of it.
Really my only point is that DME and AFTC is a Europe Asia thing. It will take over 15 years for that to change. Unless we are all willing to be 15 to 20 long on AFTC, then oil is not what we need to focus on. Becasue TRUST ME. Oil is not going anywhere for at least 50 years even if we start to use bio. There are what, a total of 5 DME refiners in the US?
ALSO - Oil is no the only energy source that is over priced right now. Look at all energy sources even green and you will notice, the are all up.
zcloud9 - as you know I respect the hard work you do for PR of AFTC. But I still feel very strong that the price of gas has very little to do with green energy. But I hope you are right. However, the price of gas has been climbing for a long time and I have yet to see it help anything in the bio fuel arena, this includes the established bios. We need oil for so much more then fuel. I bet even AFTC uses oil in its production process of there pumps and systems. Oil is not the problem. Politicians are.
Zcloud9 - I hate to be a downer, but the price of Gas has very little to do with AFTC. The only way the price of oil will help this stock is if by some miracle the USA decides that DME is the future, which they have not. And from the looks of it they are not willing to look at DME as a fuel alternative.
FYI gas in CO is still 3.55
I guess my point is this. using teh price of gas to gauge for how AFTC will do as a company is really not that accurate. Besides, the main stay for AFTC is Europe and Asia right now. And in those places they already have been paying over 5 for gas for many years. We are the last country in the world to even care about how much we pay at the pump. the UK will tax DME the same as they do gas. They pay over 6 bucks. The price of Gas is smoke and mirrors. Most of what we pay on it is tax anyhow. And any government in todays socialist driven style of government will tax what ever fuel source we have.
Still long, still happy to be in on AFTC. Just not really sure how high oil helps. I actully feel it hurts AFTC and all US companies.
Nice -
quick question. How does Algea help GERS?
Somthing is up. ESYR is at a .ooo1.
If there is a name change, can the cancel the 10 bill in the transfer. Or is it at all possable that they were selling them off and caceling them before the name change???
I know that this is old news, but thought it would be fun to reminisce while hoping for the future to be come the present!
http://www.marketwire.com/press-release/Alternative-Fuel-Technologies-Inc-Announces-Test-With-Ford-1008203.htm
Can one of our posters that regularly e-mails GERS check with KK and see if there are cancellations going on? I do not think that would be info that is classified. Am I off base?
Preach it!
Someone just dumped half a mil. I bet I can guess who.
Prob because we have all e-mailed him and given him our 2 cents about it.
Fred – With all due respect here is my thing. We have done such great DD on ihub it is insulting of ones intelligence to have someone ignore what we have all found. Jim has a product. He is known in the DME community. It is documented fact they sold a system to Ford in 2009. It is documented fact that the government has been testing a AFTC product. It is documented fact that Ford is trying hard to get into the Europe market. It is fact that Europe uses DME. I have yet to see you in a single post prove any of Jim’s PR to be a lie. 2+2 still equals 4. If it looks like a duck, quacks like a duck, it is a duck. If she asks you to wash behind your ears, brush your teeth or do your homework its not a trophy wife, it’s a trophy mom.
NICE! But she should go with the whig.
Affirmative!
I agree with you 100% I think that this is the one reason I "feel" that good things are taking place that we are no fully aware of.
The company as a whole is being do quiet over the last 6 months that it is clear that stock sales are not needed to keep AFTC going.
Luna - I think that you also hit the nail on another head. Why risk ticking off Ford at this point.
I am quietly optimistic here.
I feel like something is up, just not sure what it is and when we will hear about it. Keep the Faith!
Prob sitting with the PR we were supposed to get "soon". :) J/K
I am sure that we will be seeing something come down the pick soon. It has been awhile.
Agreed. Having a patent is not as important as some might think. And I do believe that a patent can be argued without applying for a pantent throught the gov.
Can anyone explain to me why AFTC would sell out to any company? From all indications they are doing well and getting more business then the "can handle".
Hey Luna - PM
Hey all - not sure if anyone caught this. Skunk has a post that gers has moved from new York and is now in georgia. This is great news because gers will save mucho mucho on taxes. I know people who pay upwards of 50 % of there income in ney York in taxes.
I have no problems with oil. Even if we could go all green we would still need oil. We use oil for slot more then fuel.
When ever I read news articles from writers who are asking for more green energy tech I have made it a standard practice to forward them AFTC's information. I have not had so much as a sniff from any of them. Starting to think that many of these articles are long on political green rhetoric and short are real desire for a solution.
To hard to speculate on that. Even harder now that they have asked Jim not to give out any info. I am happy with the info we have. I think that it is enough to know that there is still stuff going on. I can wait. Heck may even buy more when I get the cash.
Thanks Bubble for the update.
AWESOME!!
To All - OK so I take it back. After reading over the Presidents speech he did bring up bio fuels.
http://www.foxnews.com/politics/2011/03/30/obama-energy-security-strategy/
Gainmaker - Thanks! Nothing personal, I do not trust anyone I can not see! :)
GO AFTC!
Status - patiently waiting for next PR.
I am having a hard time finding the post that quoted Jim saying we should know more about contracts that AFTC has in the works in early spring.
Did I really read that? Or am I making it up? Help, anyone, anyone?
At this point I really doubt Obama money is going to go to a company that is making parts for cars that the USA does not make fuel for.
I really do not feel that DME is on the US domestic chart for alternative fuels since they ditched it back in 2000.
However I could be wrong being that AFTC does have Army contracts.
But I still think that the money and planned speech will focus on existing green tech such as electric, solar and the likes. The US has shown very little to no interest in DME as a fuel. And we are years away from starting such a shift.
If my count is right I have seen only 3 refiners of DME in the US. This speech will help my other greens stock GERS though.
Long AFTC!!
Man - I hope so too. That would be AWESOME!!