Alumifuel Power Corp. (AFPW)

[StockTrip73]

A rep from Drexel stated he hopes all 3 phases of the Navy STTR UUV contract can be completed in 5 years. That takes us to 2015 provided the Ingenium/Alumifuel/Drexel team can wow the Navy with their innovation. Phase 1 just started this month. Come February, let's hope we hear good news about plans for Phase 2.

In other markets, let's hope we hear about more PBIS-1000 purchase orders soon, as they were expecting to have more by now thru Kaymont. Keep in mind that the first 3 sold were intended for demonstration purposes meaning the technology hasn't caught on like hotcakes yet.

I'm also waiting for good news regarding the MREs/FRPs market.

In most PRs, Alumifuel is described as an "early production stage alternative energy" company. That in itself should tell you this is a long-term investment type company. The stock will continue to trade at pennies until the company can develop long-term contracts and commercialize their technologies, which will be no sooner than years down the road. Let's just hope they can secure additional funding to keep them above water until that happens. No news on the Europe trip yet.