Monday, October 10, 2011 1:57:43 PM
Jim / Amelia:
In your reply dated July 12, 2011 you indicated that the financials would be posted shortly. To date no financials have been posted to the website or OTC markets. This is not shortly.
I recently contacted the SBIR office and was informed that a contract was awarded to AFT in FY11. Why hasn't this information been posted to the website? This is public information.
Alternative Fuel Technology, LLC A09-199 Ultra High Pressure Jet Propellant-8 (JP-8) Fuel Injection
Phone: 703.399.2049
E-mail: army.sbir@us.army.mil
Mailing Address:
Army SBIR
1010 North Glebe Road, Suite 420
Arlington, VA 22201
AFT has a fiduciary responsibility to report financials and important company information in a timely manner to shareholders. If you don't want to deal with shareholders anymore then might I recommend a stock buy-back offer.
Please provide in your reply the name and contract information of the legal council and the financial auditor currently being retained by AFT.
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