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Re: gryfus post# 6501

Monday, 10/08/2007 7:16:46 AM

Monday, October 08, 2007 7:16:46 AM

Post# of 6752
Well what happened to the company??? It looks like it was a pump and dump.....and went out of biz. Look at this old news release....

Metropane growth continues with AFT licensing agreement

COLUMBUS, Ohio--(BUSINESS WIRE)--May 5, 1997--Metropane Inc. (OTC BB:METP), a leader in alternative fuel vehicle transfer technology, Monday announced that it has signed an additional five year, non-exclusive licensing agreement with a key conversion contractor.

Alternative Fuel Technologies (AFT) has signed an agreement with Metropane as the conversion contractor covering specifically the state of Florida.

David M. Melina, president and chief executive officer of Metropane Inc., stated that the agreement with Alternative Fuel Technologies is keeping Metropane's growth plans on track.

Under the terms of the license agreement Metropane will provide all technical and commercial support, and the conversion contractor will provide all conversion services, including the procurement of components. Melina stated that Metropane plans on establishing similar licensing agreements in all strategic urban areas.

Metropane projects over 2,300 vehicles for conversion nationwide during the next twelve months. Melina reinforced Metropane's new aggressive strategy of cost containment through decentralization of the conversion process and growth through diversification.

Metropane will continue to build internally on its energy platform; external growth is planned through strategically compatible manufacturing acquisitions and joint ventures.

Metropane is an American Gas Association (AGA) 1-85 certified company whose products are California Air Resources Board (CARB) approved. Metropane's Nationwide force of mechanics are Automotive Service Excellence (ASE) certified and factory trained for all major conversion systems.

Metropane's CNG conversions have been successfully crash tested by the U.S. Department of Transportation Vehicle Research and Testing Center.

Please visit the company's web-site at: http://www.metropane.com or http://www.alternativefuels.com . -0-

Corporate advertising and public relations handled by Corporate Imaging. -0-

NOTE TO EDITORS: Information herein was derived from sources seeming to be reliable. No assurance can be made that the information is accurate.

CONTACT: Corporate Imaging Inc., Phoenix

Neil Rand or Deborah Lange, 602/504-9230

Fax: 602/504-9252

COPYRIGHT 1997 Business Wire
COPYRIGHT 2004 Gale Group

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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