Tuesday, March 20, 2018 12:44:24 PM
Due Diligence links, charts and Docs.
(I've owned and followed AFTC since 2009)
Brief history
AFT was a research & development organization engaged in the design, development and prototype manufacturing of advanced fuel systems. AFT was engaged in the improvement of commercial diesel common rail systems for U.S. military applications. The U.S. military uses JP-8 fuel for all of their engine powered equipment, from helicopters to diesel trucks.
Modern truck diesel engines equipped with high pressure common rail fuel systems suffer normal and unacceptable wear when they are run on JP-8. Before the death of the CEO in 2013, AFT had been developing a diesel common rail system fully compatible with JP-8 jet fuel.
After the death of the CEO, AFT lost all Government Contracts and in January 2014, AFT closed its doors, dismissed its employees and liquidated all its assets.
In 2015 the widow, as acting C.E.O. dissolved the Company and sold all of its assets.
2015 Dissolution auction
Alternative Fuel Technologies JP-8 U.S. Patent Office search results
Alternative fuel Technologies DME U.S. Patent Office search results
http://www.altfueltechnology.com/
http://www.altfueltechnologies.com/
2015 Michigan SOS LLC Dissolution
2015 Nevada SOS Revocation
http://www.otcmarkets.com/stock/AFTC/company-info
Dissolution meeting
12 year chart
Chart showing 3 failed pumps. Decreasing volume of each successive attempt
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