Agreed… to be specific hydrogen will be huge in the future. However the expired patent afpw owns is decades old useless garbage. There are new, more efficient and better processes to derive hydrogen today. Even for remote usage this is garbage as the company infers is it’s intended usage… hence why the previous contract with the balloon company derived literally zero revenues.
Not to mention there are zero operations, no locale except Pedro’s home to do ops, no funding etc…
- Patent is obsolete tech as electrolysis and better storage solutions has taken over in the remote arena
- no operations or even locale to do them if you wanted.
- no real estate portfolio or assets (sorry to those that thought this could turn into a reit some day but Pedro just tries to middle deals)
- zero operational derived revenue since before 2016.
- zero operationally based employees
- near zero assets (<$1100) note: even in 2016 the patent was already deemed so useless it’s value was near nil.
- ongoing concern per last auditors
- Over 6 Billion OS
- Over $4 million in debts/liabilities with a $26 million accumulated deficit last reported.
- locale listed is a residential house
- no financials since 2016 although Pedro has been promising to become current for nearly 3 years.
- AFPW IR on Twitter (aka Pedro) has lied directly to investors numerous times. For example, lied as to ongoing concern, lied as to patent status not being expired ( both sec violations)
- numerous fake PRs, LOIs and deals throughout the years that all failed to materialize.
- Liquidate only at all major US brokerages and not quotable
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