Alumifuel Power Corp. (AFPW)

[agribusiness72]

Very true, all one has to do is look at Schadel;s last PR, all lies other than reducing AS which was meaningless.

CENTENNIAL, CO - July 12, 2017 - InvestorsHub NewsWire - AlumiFuel Power Corporation (AFPW) ("AlumiFuel" or the "Company") today announced preliminary revenue results for the first and second quarters of 2017.

For the first quarter ended March 31, 2017, AlumiFuelrecorded total topline revenue of approximately $302,000. For the second quarter ended June 30, 2017, AlumiFuelrecordedtotal topline revenue of approximately $425,000, representing a quarter to quarter revenue increase of approximately 40.7%

The Company also confirmed it has obtained the necessary shareholder votes to amend to its Articles of Incorporation, reducing its authorized shares as previously disclosed. Said amendment was submitted to the State of Wyoming on June 10, 2017.
Lastly, the Company confirmed its intention of becoming current with otcmarkets.com. The Company expects to submit its financial results for all unreleased quarters within the next 90 days and will subsequently file for an official name change with FINRA to become Phoenix Equity Holdings Corporation. AlumiFuel Power Corporation is a voluntary SEC filer and intends to adopt the Alternative Reporting Standard with the OTC Markets Group.

The information in this release is preliminary and based upon the information available to the Company as of the date of this release. The information above is forward-looking information and subject to revision or adjustment. However, the Company does not expect material revisions to these preliminary results.