Alumifuel Power Corp. (AFPW)

[#1 PATRIOTS_RSOX FAN]

I like this POST, Schadel is such a POS CEO, more lip moving lie.

Hey Schadel, why don't you tell the investors that don't read the filings what you did - that's right Shady got two more toxic loans.

On February 17, 2017 the Registrant issued a convertible promissory note to More Capital in the total principal amount of $38,525 from which the Registrant received total proceeds of $30,000 (the “Note”). The Note is convertible beginning 90 days after issuance into $0.001 par value Common Stock of the Registrant at a discount of 50% of the average of the lowest three trading prices for the Registrant’s common stock during the twenty days preceding the conversion date.

On February 21, 2017 the Registrant issued a convertible promissory note to CareBourn Capital, L.P. in the total principal amount of $75,325 from which the Registrant received total proceeds of $60,000 (the “Note”). The Note is convertible beginning 90 days after issuance into $0.001 par value Common Stock of the Registrant at a discount of 50% of the average of the lowest three trading prices for the Registrant’s common stock during the twenty days preceding the conversion date.

Sorry but Schadel has indeed gotten the company into more toxic financing.

There isn't a bigger idiot CEO on the OTCM as Schadel.

Here is the absolute best part - the reason for getting more toxic financing.

"The Company intends to use the proceeds from these notes for working capital purposes as well as cash payments to retire portions of existing convertible debt." Schadel - let me get this right - you are getting more toxic funding to retire toxic funding - that alone should tell investors you just aren't very bright and they need to stay away.

Let's see - Schadel borrowed $38,525 but only received $30,000 - then Shady borrowed $75,325 and received $60,000.

Schadel you are one slick negotiator - some of the worst terms and conditions I have seen on toxic convertible notes.

Is Schadel smarter than a 5th grader - absolutely not. My dog could have negotiated a better financing deal.