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Earnings released today, not good but not the worst.
I like how complete the business risk section is, including a statement that cyber attacks could affect business.
Hi Everyone!
It has been great reading some of the well researched in insightful posts that many members have posted here over the years; however, I sold out really cheap last week, and I received my notices (which I shredded)of the dissolution meeting by US Mail the next day. Taking the loss and moving on.
Best wishes to everyone!
Thank you for the reply.
Can this information be posted here?
Hi Boobie,
Could you let us know, if you find anything on Scottrade.
It would be interesting since common shares do not have voting rights.
I could not find anything on Ameritrade or Vanguard.
It seems that someone up in Michigan is reading them, the corporate registration was updated after I posted the expiration here (Could just be a timing or some other issue; however).
The lack if information is disappointing.
We are investors in a small company, as long as management has acted in the best interest of shareholders, the results are just what they are whether we like the results or not.
Securities Center » Regulations & Enforcement File a ComplaintPrint E-mail To file a complaint regarding investment fraud or violations of Nevada’s securities and/or commodities laws, please make sure that your complaint relates to an investment made while you, and/or the person you made the investment with, were in Nevada. If your communications with the person who offered or sold you the investment were entirely over the telephone or internet, and you were not in Nevada, please tell us why you think the other person was in Nevada. The mere fact that a company is incorporated in Nevada may be insufficient for this office to take action if the parties to the transaction were all located outside of Nevada at the time the offer or sale was made, and the company is not doing business in Nevada. If you are not a Nevada resident and the transaction took place in your home state, you should complain to your home state.
If you have a dispute with a securities firm or securities professional, you should first try to resolve it with the firm by filing a written complaint with the company. Also, you should review your customer account agreement to determine the procedures for resolving disputes with the company. Your agreement may require that disputes be ultimately resolved through an arbitration or mediation proceeding rather than by filing a suit in court.
Arbitration and mediation proceedings are private proceedings in which our office is not involved. You should consult a qualified securities lawyer for advice if you are considering filing a demand for arbitration in order to resolve your dispute. Our office cannot represent you or advise you concerning an arbitration proceeding. To learn more about the arbitration/mediation process, contact the Financial Industry Regulatory Authority (FINRA) at (212) 858-4200 or visit the FINRA website at http://www.finra.org/ArbitrationMediation/Parties/. You may always file a complaint with our office, even if you proceed with arbitration or a lawsuit.
The Securities Division CAN:
Investigate complaints against individuals, corporations and other business entities, for violation of registration, licensing or anti-fraud provisions of Nevada securities and/or commodities law.
Bring administrative/and/or civil actions to stop these violations and/or to impose civil penalties.
Investigate complaints of criminal violations of Nevada securities and/or commodities law and refer cases for criminal prosecution to the Nevada Attorney General.
The Securities Division CANNOT:
Guarantee that your investment money will be repaid to you. (Although we may be able to recover your principal investment, there are many occasions where we are unable to do so.)
Give legal or investment advice.
The Complaint Form:
We require that the Complaint Form (click on “Download Complaint Form” below) be filled out completely in detail, signed and returned to us by mail. Make sure to attach copies of any documentation relating to the complaint--do not send your original documents. Once we receive your Complaint Form, we will review it to determine whether we can take action.
Link: http://nvsos.gov/index.aspx?page=193
1 - 26 of 26 actions
Actions\Amendments
Action Type: Annual List
Document Number: 20140817813-55 # of Pages: 1
File Date: 12/21/2014 Effective Date:
(No notes for this action)
Action Type: Miscellaneous
Document Number: 20140201056-31 # of Pages: 1
File Date: 3/19/2014 Effective Date:
(No notes for this action)
Action Type: Reinstatement
Document Number: 20140201058-53 # of Pages: 1
File Date: 3/19/2014 Effective Date:
(No notes for this action)
Action Type: Acceptance of Registered Agent
Document Number: 20140201060-96 # of Pages: 1
File Date: 3/19/2014 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20080792053-86 # of Pages: 5
File Date: 12/5/2008 Effective Date: 12/5/2008
Previous Stock Value: Par Value Shares: 100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 100,000.00 New Stock Value: Par Value Shares: 1,500,000,000 Value: $ 0.001 Par Value Shares: 1,000,000 Value: $ 1.00 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,500,000.00
Action Type: Annual List
Document Number: 20080736153-15 # of Pages: 1
File Date: 11/8/2008 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20070672904-27 # of Pages: 1
File Date: 10/2/2007 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: 20070610101-18 # of Pages: 1
File Date: 9/5/2007 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20070515116-68 # of Pages: 1
File Date: 7/27/2007 Effective Date: 7/27/2007
(No notes for this action)
Action Type: Annual List
Document Number: 20070335668-10 # of Pages: 1
File Date: 5/14/2007 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: 20060807140-38 # of Pages: 1
File Date: 12/15/2006 Effective Date:
(No notes for this action)
Action Type: Reinstatement
Document Number: 20060563649-91 # of Pages: 2
File Date: 8/31/2006 Effective Date:
(No notes for this action)
Action Type: Acceptance of Registered Agent
Document Number: 20060563650-23 # of Pages: 1
File Date: 8/31/2006 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-012 # of Pages: 1
File Date: 12/1/2004 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-002 # of Pages: 1
File Date: 12/1/2003 Effective Date:
List of Officers for 2003 to 2004
Action Type: Annual List
Document Number: C25209-1997-006 # of Pages: 1
File Date: 1/22/2003 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-008 # of Pages: 1
File Date: 10/24/2002 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-007 # of Pages: 1
File Date: 4/24/2002 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: C25209-1997-005 # of Pages: 1
File Date: 11/28/2001 Effective Date:
(1)PG. DMF
ZENITH INTERNATIONAL, INC. DMFB } 00002
Action Type: Annual List
Document Number: C25209-1997-009 # of Pages: 1
File Date: 11/30/2000 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-013 # of Pages: 1
File Date: 11/30/1999 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: C25209-1997-004 # of Pages: 2
File Date: 4/1/1999 Effective Date:
(2)PGS. DMF
CASPIAN DEVELOPMENT GROUP, INC. DMFB u1 00001
Action Type: Annual List
Document Number: C25209-1997-011 # of Pages: 1
File Date: 2/8/1999 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: C25209-1997-010 # of Pages: 2
File Date: 7/2/1998 Effective Date:
(No notes for this action)
Action Type: Amendment
Document Number: C25209-1997-003 # of Pages: 2
File Date: 11/21/1997 Effective Date:
CERTIFICATE OF AMENDMENT FILED AMENDING ARTICLE 4. (2)PGS. DMF
Action Type: Articles of Incorporation
Document Number: C25209-1997-001 # of Pages: 8
File Date: 11/12/1997 Effective Date:
(No notes for this action)
Return to Entity Details for "ALTERNATIVE FUEL TECHNOLOGIES, INC."
ALTERNATIVE FUEL TECHNOLOGIES, INC.
Business Entity Information
Status: Active File Date: 11/12/1997
Type: Domestic Corporation Entity Number: C25209-1997
Qualifying State: NV List of Officers Due: 11/30/2015
Managed By: Expiration Date:
NV Business ID: NV19971320482 Business License Exp: 11/30/2015
Additional Information
Central Index Key:
Registered Agent Information
Name: NEVADA DISCOUNT REGISTERED AGENT, INC. Address 1: 941 MEADOW VIEW DR
Address 2: City: GARDNERVILLE
State: NV Zip Code: 89460
Phone: Fax:
Mailing Address 1: PO BOX 100 Mailing Address 2:
Mailing City: CARSON CITY Mailing State: NV
Mailing Zip Code: 89702
Agent Type: Commercial Registered Agent - Corporation
Jurisdiction: STATE OF NEVADA Status: Active
View all business entities under this registered agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 2,500,000.00
Par Share Count: 1,500,000,000.00 Par Share Value: $ 0.001
Par Share Count: 1,000,000.00 Par Share Value: $ 1.00
Officers Include Inactive Officers
President - KATHLEEN A MCCANDLESS
Address 1: 1350 BUCKINGHAM RD Address 2:
City: GROSSE POINTE PARK State: MI
Zip Code: 48230 Country: USA
Status: Active Email:
Secretary - KATHLEEN A MCCANDLESS
Address 1: 1350 BUCKINGHAM RD Address 2:
City: GROSSE POINTE PARK State: MI
Zip Code: 48230 Country: USA
Status: Active Email:
Treasurer - KATHLEEN A MCCANDLESS
Address 1: 1350 BUCKINGHAM RD Address 2:
City: GROSSE POINTE PARK State: MI
Zip Code: 48230 Country: USA
Status: Active Email:
Director - KATHLEEN A MCCANDLESS
Address 1: 1350 BUCKINGHAM RD Address 2:
City: GROSSE POINTE PARK State: MI
Zip Code: 48230 Country: USA
Status: Active Email:
If I recall correctly, there is a class of preferred shares controlled by now Kathy McCandless that has the voting rights, common does not have any voting rights.
Email Returned
Something went wrong.
We were unable to deliver your message to the following address
sales@altfueltechnology.com
because: Message sender blocked by receiving server
Retry your message to see if it was a one-time problem or if the same error occurs.
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Send/Receive Log is attached. More information about type 5.7.1 delivery errors are available if you want or need it.
It would have been nice, if news of a company shutdown had been posted by 12/31/2014, so the loss could have taken in 2014.
Thank you for the post.
The upcoming events will most likely have more detailed reporting and information than what is available on AFTC.
The filing with the Secretary of State of the State of Nevada was updated, not the website.
Certainly a possibility
This was certainly updated quite rapidly after my posting; therefore, it appears this board is being read at the corporate level, and there appears to be some activity going on.
Many younger employees move on for things they perceive to be bigger and better - just a guess.
Yes, I just checked that myself before seeing your post.
At least our shares are associated with a corporation that exists.
Thanks, and the LLC registration appears to be current.
Thanks.
That is the LLC, but the company that we own stock in is the corporation, which is a Nevada Corporation.
ALTERNATIVE FUEL TECHNOLOGIES, INC.
Business Entity Information
Status: Default File Date: 11/12/1997
Type: Domestic Corporation Entity Number: C25209-1997
Qualifying State: NV List of Officers Due: 11/30/2014
Managed By: Expiration Date:
NV Business ID: NV19971320482 Business License Exp: 11/30/2014
Registered Agent Information
Name: NEVADA DISCOUNT REGISTERED AGENT, INC. Address 1: 941 MEADOW VIEW DR
Address 2: City: GARDNERVILLE
State: NV Zip Code: 89460
Phone: Fax:
Mailing Address 1: PO BOX 100 Mailing Address 2:
Mailing City: CARSON CITY Mailing State: NV
Mailing Zip Code: 89702
Agent Type: Commercial Registered Agent - Corporation
Jurisdiction: STATE OF NEVADA Status: Active
View all business entities under this registered agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 2,500,000.00
Par Share Count: 1,500,000,000.00 Par Share Value: $ 0.001
Par Share Count: 1,000,000.00 Par Share Value: $ 1.00
The posted date in the upper left corner is the date QuickBooks printed the report.
I was reading some of the posts, and someone posted that Amelia had left.
Maybe that is why there has not been an update, there may not be an IT person is the company who knows how to do the update.
Hi,
I read your two emails and thank you.
At the time, I was mystified by the stock still declining after my purchase at .85.
At least it seems that I did interpret things correctly, it is now above .85.
Even with the debt, a million valuation, at the time, for a 275 store company seemed to be a good price.
It appears that an answer to this has been posted on the board.
Thank you.
It seems like there have been minor enhancements.
The green "Contact Us" seems new, and possibly some other minor changes. http://altfueltechnology.com/index.php
Thank you, so far, so good.
Hi monda2frida,
I just read your private email, and thanks for the response.
This is a copy of my post from 1/15/2014:
The latest balance sheet shows where Kathy McCandless contributed capital to AFTC
Also, not part of the old posting, Kathy has obviously had advice on releasing information to investors. I doubt that she would have posted that AFTC was likely to get a contract, if this were not the case. Anything can happen, however.
I bought at .85 and now down to .70.
A chain with hundreds of outlets and a market cap of $1.21 million?
Also, other investors will willing to lend $18 million.
It would seem to be that there is some value here, provided management can initiate a successful turn-around.
It seems to me that there is a voting class of stock which was held by the President of AFTC, and then there is a non-voting common class which are the shares that are trading.
It seems encouraging that AFTC may be able to obtain contracts outside of the government, and they are selling some products, though not a lot. It would be interesting to know what kind of products sold in the first quarter of the year.
For anyone who is not from the Upper-Midwest, wages there are very low, so the salaries are not a surprise to me and appear to be an asset to AFTC.
Sleeperstock,
I just read your private emails from earlier this month, I do not actually log in that often, so I just found them.
Thank you, and not a paid subscriber, so I had to respond here.
Thank you for the private reply, I am not a paid member.
Coordinating our questions, messages, etc. would save a lot of time for the people in Michigan.
Some regular posting on the Website, so we do not have to contact the company, would be welcome. Even if it was just the financial statements without any significant news would be welcome. Whatever it is, it is.
And to mention a reference from another post, our shares are not voting shares.
Actually, there were some posts as to how many shareholders, etc.
I was not really advocating doing anything except mentioning that shareholders have achieved results, particularly in bankruptcy proceedings, after acting as an organized group. It does not seem that our efforts would improve the products of the company or find new customers.
AFTC seems to be a company that is working hard and is still being funded by the primary shareholder. The only real improvement that I could see would be more regular releases of information on website, so information is equally available to all. Having this information available on a regular basis would seem to reduce inquires to the company as well as speculation among the investing public.
As far as shareholders, years ago I created a free email address and used boards like this one in order to organize shareholders for a company in bankruptcy.
We never went beyond this but at least 70 shareholders responded.
Something like this as well as utilizing other boards, Craigslist, etc., might be able to coordinate many of the shareholders.
With a non-reporting company like AFTC, I am not sure how else the shareholders would be located without resorting to something that would be very expensive and time consuming.
Does anyone else have any ideas?
The latest balance sheet shows where Kathy McCandless contributed capital to AFTC.
AFTC's float is just over 500 million shares.
Thanks for the update.
I was able to locate the Michigan LLC but not the Michigan corporation.
I was researching to see what state the publicly traded corporation was registered in.
LLC Active; Nevada Corporation Revoked
Searched for: ALTERNATIVE FUEL TECHNOLOGY, LLC
ID Num: B5540Y
Name:ALTERNATIVE FUEL TECHNOLOGY, LLC
Type: Domestic Limited Liability Company
Resident Agent: JAMES C. MCCANDLESS
Registered Office Address: 12237 WOODBINE REDFORD MI 48239
Mailing/Office Address: 1350 BUCKINGHAM GROSSE POINTE PARK MI 48230
Formation/Qualification Date:10-27-2005
Jurisdiction of Origin:MICHIGAN
Managed by: Members
Status: ACTIVE Date: Present
Business Entity Information
Status: Revoked File Date: 11/12/1997
Type: Domestic Corporation Entity Number:
C25209-1997
Qualifying State:
NV List of Officers Due:
11/30/2009
Managed By:
Expiration Date:
NV Business ID:
NV19971320482 Business License Exp:
Registered Agent Information
Name: CHARLES LANGRILL Address 1: 748 S MEADOWS PKWY A9-117
Address 2: City: RENO
State: NV Zip Code: 89521
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State:
Mailing Zip Code:
Agent Type: Noncommercial Registered Agent
View all business entities under this registered agent
Financial Information
No Par Share Count:
0 Capital Amount:
$ 2,500,000.00
Par Share Count:
1,500,000,000.00 Par Share Value:
$ 0.001
Par Share Count:
1,000,000.00 Par Share Value:
$ 1.00
Officers Include Inactive Officers
President - JAMES C MCCANDLESS
Address 1: 12237 WOODBINE Address 2:
City: REDFORD State: MI
Zip Code: 48239 Country: USA
Status: Active Email:
Secretary - JAMES C MCCANDLESS
Address 1: 12237 WOODBINE Address 2:
City: REDFORD State: MI
Zip Code: 48239 Country: USA
Status: Active Email:
Treasurer - JAMES C MCCANDLESS
Address 1: 12237 WOODBINE Address 2:
City: REDFORD State: MI
Zip Code: 48239 Country: USA
Status: Active Email:
Director - JAMES C MCCANDLESS
Address 1: 12237 WOODBINE Address 2:
City: REDFORD State: MI
Zip Code: 48239 Country: USA
Status: Active Email: