CHECK AFPW MERGER IN THE WORKS....
"...During the three month period ended March 31, 2013, we transferred all of the assets related to our hydrogen generation business to a new wholly owned subsidiary, Novofuel, Inc. ("Novofuel") in exchange for 12,000,000 shares of Novofuel common stock. Novofuel was formed as a separate entity in anticipation of executing a transaction with Genport, srl of Italy, which would merge its wholly-owned operating subsidiary into Novofuel. The Company and Genport have executed a Term Sheet and the parties are moving forward toward completion of a definitive agreement through which both parties would own 50% of Novofuel before any future financings.
My posts are my opinion and should not be used as investment advice. Make your own due diligence and decisions in your stock trades. GLTA