Alumifuel Power Corp. (AFPW)

[I-Glow]

Schadel and more BS from the press release.

AlumiFuel CEO, Ryan Schadel, commented, “I have completed a review of each liability on the Company’s balance sheet. The majority of these liabilities are payables and debt related to various failed ventures from prior management over the years. The Company is embarking on a path toward the future and liabilities from the past must be drastically reduced. New management and new shareholders should not foot the bill for prior failures.”

The Company intends to use short term financings to refinance so called “toxic debt” while its scales up its operation as a diversified holding company and pursues less dilutive means to finance growth.

Schadel it doesn't work like that - it is a debt owed by AFPW - just because you say it was a failed business venture so the debt shouldn't be paid is just Shady be Shady. That is why he keeps getting his Ass Kicked in Court.

He used the exact same pumping BS with LTNC shareholders.

IG