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I second that, good investors know when and where
to buy the low. TSTC is a #1 company in a huge market.
$80 mill + revenue and 75% of it SERVICE related
so the customers NEED them. Cell and Web tech,
good as gold. Go ahead and sell on Tuesday,
at $1.40,... I can hold. And all the technicals
point time for a rebound. GLTA
well... here's your volume... at .0009
and almost have it cleared out,
are we going back to .0005?
or will anything ever change.
and nice to see you are still around penny.
rumors. are bs, 1.30 bottom
large block buy orders today
higher vol
will dry up closer to news.
and bashers, good luck,
when it is back to $2.00
it can rise as fast as it fell.
back up to $1.39 so much for the new low in the 20's
it should firm up over the weekend
and closer to the earnings release
bashing it down so they can get in low...
web tech and cell phone business is strong in a recession
and they got a 10 million dollar contract in Jan 2012
for their fiber optic web network to run with the new
high speed rail system. This co is in a good business
and a country that cant get enough of the web. Never
underestimate how hard the chinese work and how
well they can come back. The accounting problem
was far enough back that the second half of
2012 should be strong. Plus, china already
said they would pump stimulus $ into businesses
this fall. I am holding. And some big block buyers
moving in under $1.50 go ahead and sell if you want to,
but dont be a fool and listen to those who what
your shares cheap. It held at 1.70 a long time
and only started falling because of some
bs downgrade by some private reporting service.
And, a few weeks before that, there was an
UPGRADE. Technicals say find the bottom and load up.
really? Low volume means less interest and a lower price,
or big block dumps. Seems the latest downturn
has delayed contracts in a lot of businesses,
not just here. If he said he may not do a pr,
even if he gets a contract, (like the last army contract
was not a real pr and that was 8 mos after he got it)
I am not holding my breath any longer. And I still question
the ceo's interest (or motives) in the shareholders, he could sell
out anytime as he has 100% voting control. GLTA
(monda2frida Friday, July 13, 2012 5:13:49 PM
Re: None Post # of 7429
higher lows on the chart, ready for the next move higher, imo.
GLTA
the first army contract ended in May and that will cut
$30,000 a month from AFTC's income, with only one sbir
in testing.
I rest my case.
GLTA
monda, some of your info is so out of date.
After AFTC helped Volvo for 10 years,
they sold him out and gave a production contract
to someone else.
And green energy is very political and risky.
And the rest of the aftc info is just talk.
That is why the price is sub, sub, sub... well, you know.
And check one of proph's recent email replies from the ceo.
Said he was not going to release pr info if he did not feel like
it, well at least now he is being honest.
GLTA this will be good in a few years,
not sure about anything else with this.
scam refers to a pr with no circulation.
I gave the ceo every benefit of the doubt.
I have emails from him from the spring of 2011
stating that if and when AFTC won any real $ contract
the info would be released in an official pr.
Then all the bs about the 'meeting' last dec,
then more promises of a 'follow up pr'
and 3 mos later he releases a cheap $100 pr
with no real circulation in news outlets.
My broker account did not get it in their
current 'news'
but all the other prs from 2009 were put out
to 100% full exposure.
That kind of bs is what I call a scam.
I no longer have any faith in the integrity
of the ceo to do shareholder relations.
And last fall he also said his attorneys
were 'looking into' ways to improve shareholder value.
And YES, I use statements from the CEO to make
investment decisions. If AFTC were not on the pinks
there would be legal repercussions.
That is all.
just because the longs are still holding
their positions does not mean they have not lost.
If you think I am wrong, please list the facts,
that have helped the shareholder value in the
last three years? The specific action and
the shareholder value supported?
(400% dilution)
(loss of pink sheets up to date filings)
(no info warning on the pink sheets)
(lack of regular real press releases)
ect. After multiple pr pumps with circulation in 2009
and a price up to .07 and after a 400% dilution,
Now, where is that data wrong?
And since the CEO does not own any common shares,
what would be his motivation to support the share value,
except to dilute it further to raise more $ for his company?
(after stating he has $100,000+ cash savings, he does not
even put out an honest pr. no more excuses...that is a scam).
It is his company and he only does what he cares about now,
and that has been to write off the shareholders,
and the pink sheets is no excuse to do that,
that is why I say it is now being run like a scam.
A sugar coated scam, but a scam with the same results.
Hold all you want, I am not any longer (yes, I was WRONG,)
and it is a big relief to be 99% out. My time frame was not
5 - 10 years.
And I will post where I want to,
until you ban me like you did pennytrader.
... what is the saying,
misery loves company.
I hope you dont expect anything from AFTC while
it is listed on the pinks sheets,
and the CEO hates the exchange.
Maybe in a few years, like 2014...
he will have a contract big enough to move
up to some better exchange,
but until then, any CEO that wins a $700,000
SBIR contract and then does a phony press release for $100
with no circulation does not care about what
the stock is worth as long as it is on the pink sheets,
and to move off they will have to do a lot of changes,
so good luck with predicting the future.
All I see is a lot of longs in denial of their cash
losses and a bigger denial of their time losses.
Investing, or a luxury, you only loose what you can afford to.
I am relieved to get my regular investment funds out of this
scam... and I only mean that in the facts of the stock and price
since I first started following it in 2009, .04 cents to .0005
last Spring, with sugar coating, but the facts speak the truth.
No pink sheets listing requirements no real press releases
when real contracts are won and no guarantee of any
leadership as far as the shareholders go. Really, sit back
and look at you all consoling and patting each other on the back,
and how have your investments done?
I still say GLTA, but lets stick to the facts, the stock
has been a joke the last three years.
And I have to say, pennytrader has been right so far,
thanks penny, for the reality check, even if it is not popular.
I already asked him that and here is the answer,
he said, the way the otc pinks sheets work,
when he wanted to sell more shares,
he had to sell them at a big discount,
to the 'otc pinks sheets buyers/brokers?' who then held them until
the press releases to dump them.
Pinks are just hard to start on with minimum regulations.
I still don't own any shares, but GLTA
time is money... or why are you here?
I am not trashing the stock,
I have nothing against the OTC
or the pink sheets.
I have nothing against other posters,
any of them.
Just the one head of shareholder relations,
that has continually lied for the last 1.5 years.
1. Oct 2010 said he would move up to current status,
which requires real info to be released in a real
press release within 5 business days of them knowing.
2. after the spam email and 30 day suspension,
NOTHING was done to get back to current status.
3.When the second $700,000 army contract was due
to be awarded,in April 2011 I emailed head of shareholder relations
if a pr would be released. HE said YES.
4 In Aug 2011 when the contract was awarded, NO PR.
5. Then he says pricing 'contracts' 5000 ect, wait...
DEc 2011, NO pr and NO shareholder meeting.
6. March 2012 said post info to website
AND FOLLOW UP SHORTLY WITH A PRESS RELEASE
-90 DAYS LATER THIS LAME pr with no circulation.
-says wait for more 'contracts'...
If Ford or S Korea or the US racing industry wanted
to buy any of the products, they would have by now.
NO business is spending new $ on anything until
the Greece and Economy get better and the nov, election is done.
7. No mention anywhere of EVER getting the pinks up to date.
with $100,000 in the bank. Those are the facts.
I WAS patient and now speaking the facts, sorry but true.
I cannot afford to let my $ go down the drain any longer
in the name of 'patience' or any other reason. All of you
that don't want to take a loss and can afford the time
to hope... something happens, good luck to you.
And I won't bother posting any longer.
facts not trash, do what you want
R.I.P.
and I was the one he sent the $89 LAME press release to,
(at least the release info)
why do you think that? TOTAL BULL SH-T,
if they treat the shareholders like that,
it is a scam.
No reason to lie, he said a press release in an
email in April of 2010 after the second army contract,
then he said it again in Aug 2010, But none until now
and that lame one. Those are the facts.
So, I don't believe anything AFTC says any longer.
I was wrong. Everyone do their own D+D.
GLTA
just another fake scam company in sub-penny land...
without any shareholder compliance or support.
An OTC Stop on the pinks.
That is the facts.
so what? He is making $, NOT us.
and I am not wasting any more time,
GLTA
what a joke, I dumped all my shares right after
and ever since AFTC stopped keeping up with the OTC
pink sheets requirements, everything they have said
has been all talk and -0- support for the shareholders
that FUNDED this company with the 400% dilution
that started the stock price falling in 2009.
Talk is cheap, cheap $89 press releases to a website
with no news wire circulation is a joke. Talking out
the side of his mouth... sure AFTC will do this...
but not really, is all we have heard for a year and a half.
And (thanks penny),
penny is correct, everything he said is TRUE, it does
go with the facts, not what AFTC says they will do.
I am not wasting any more of my time with a company
that is not run with any accountability and who has
a two faced ceo. If he is pissed at Volvo, or the other
companies that used him, fine, but dont take it out on the
shareholders. That is what is a joke. Good luck everyone,
it's going down again with no news and no volume. Have
a nice summer, I will be... elsewhere.
the pr was a joke
Proph, is this your 3 year anniversary?
you win the most patient award.
Thanks to all the longs D+D.
we finally get to see what AFTC has besides the reg news,
all the good stuff he could not say until now.
GLTA
OFFICIAL AFTC PRESS RELEASE TUES 8:30 AM
finally,
GLTA
OFFICIAL AFTC PRESS RELEASE TUES 8:30 AM
(I RECEIVED THIS EMAIL REPLY FROM CEO TODAY)
Monday, May 21, 2012 4:59:58 PM
A press release will be published tomorrow morning at 8:30 PM via PRWEB
Jim McCandless-President
Alternative Fuel Technology, LLC
Tel: 313 720 8680
Visit or Website www.altfueltechnology.com
From: xx
Sent: Tuesday, May 15, 2012 3:34 PM
To: jim@altfueltechnology.com
Subject: Good afternoon, a shareholder question
Good afternoon,
I saw the first quarter financials posted on the website,
that is great news. Is there still going to be an official
2012 business update in a press release this month?
Thank you for your time.
xx
thanks $t_Tr customer meetings sounds good,
hope to add their first production news to the army news.
Everyone have a great weekend.
take that FB $ and buy at .0016
step us up to the 20's!
AFTC is one of the few stocks left with any potential
the rest of this month.
a direct injection, liquid propane program bid
(repost)
We do have a direct injection, liquid propane program bid out to another organization. This uses some of our DME pumping technology. We’ll know in July.
(this could be a big, and an easy way to diversify)
GLTA
email reply from Mr McCandless about the pr
here is the reply to my email yesterday,
this is the complete email and current dates,
since he is head of shareholder relations,
I don't mind posting it here. GLTA
From: xx [mailto:]
Sent: Tuesday, May 15, 2012 3:34 PM
To: jim@altfueltechnology.com
Subject: Good afternoon, a shareholder question
Good afternoon,
I saw the first quarter financials posted on the website,
that is great news. Is there still going to be an official
2012 business update in a press release this month?
Thank you for your time.
xx
xx,
I haven’t forgotten, just very busy.
Jim McCandless-President
Alternative Fuel Technology, LLC
Tel: 313 720 8680
Visit or Website www.altfueltechnology.com
(Second email...)
-----Original Message-----
From: xx [mailto:]
Sent: Tuesday, May 15, 2012 7:54 PM
To: Jim McCandless
Subject: RE: Good afternoon, a shareholder question
Is that a yes or no or maybe for, his month? Thanks
It is a yes-to the best of my ability. My attorney wants to review any and
all press releases.
Jim McCandless-President
Alternative Fuel Technology, LLC
Tel: 313 720 8680
Visit or Website www.altfueltechnology.com
Thanks, I just asked him when the press release will come
as we need an official 2012 update, not just on the website.
Will let you know if he sends a reply,
or if he even can say when,
with the rules and all.
last pr at .0050 was 100 million shares in one day
financials are ready, pr should be soon,
he did say 'for sure' a pr this month.
Everyone hold... and squeeze the latecomers!
Only 12 more trading days until June.
come on .0020 ... gets us back to last Spring!
He won't sell the preferred voting shares
(that gives him protection from hostile takeovers)
and the other saved common shares are for the company
to do with as they wish.
He IS going to get paid, and very well.
not in cash, but the 1 million preferred voting shares he owns.
(and the millions of regular shares that are held out of the float
for future payments to employees.)
Where the real value of the company will show up is
in the stock. Lets hope he can move off the pinks
soon, maybe a big Ford contract? Or a LP/Nat gas
contract or a takeover bid...? Lots of potential.
GLTA
did he give any pr release date?
He said he was waiting on the final numbers
in the financials to be able to do the press release.
GLTA
hey everyone, good news... my fortune cookie said
"New financial resources will soon become available to you."
that must mean the pr is coming! JMHO and GLTA
just saying the longer we wait, the more in the pr,
that is all. Army news to report now, and the new
production contracts maybe now, maybe later.
Lots of projects going right now,
I want to know what Ford of Europe is doing with DME.
I saw their all electric Bronco, it would be easy
to make it a hybrid ele/dme vehicle.
And now, the possibility to use AFTC fuel systems
with nat gas (after some upgrades). It is all good.
I think the 'should' was referring to production contracts
that he has just done quotes for. Never know when new
business will come and if it will be in time to add to
the press release. He already has a lot of Arny contract
news to update. GLTA
AFTC fuel systems for propane vehicles would be a great
way to diversify. Will be nice when we get updated
on everything AFTC is working on.