InvestorsHub Logo
icon url

Prophetic10

10/18/10 3:33 PM

#2073 RE: Prophetic10 #2072

should have said using AFTC not suing.
icon url

ncstatewolfpacker

10/18/10 4:17 PM

#2074 RE: Prophetic10 #2072

Well, I would state it this way. I think CEO Jim McCandless is busy working on his company from a development and contracts viewpoint. He seems very busy, has recently hired engineers (according to his email to me), and has stated that the company is doing well. He has NOT taken steps to bring the PPS along with him. My view is that he's just not interested in that part of his job.

Although I don't think McCandless worries too much about the stock price, I'm OK with it because I think I have a good stock that will eventually see it's day. As long as the stock price stays low, I keep buying on the dips; about once per month.

Like you, I would assume that he pays the bills with revenue and doesn't need us to so that. Hopefully, we'll see financials one day that show the company is worth a lot more than the PPS is currently showing.
icon url

Bubble Tea

10/18/10 4:42 PM

#2075 RE: Prophetic10 #2072

No Navy contract


I agree with your reasoning. The company should have enough cash flow to survive without dumping company shares to survive.

I checked the website and you're correct, the Navy SBIR is still listed. In the interest of 100% disclosure AFT should really take that down. I checked into that Navy SBIR selection worth potentially 20 million and several firms were selected but AFT was not one of them. That was pretty disappointing as this is the largest potential contract for AFT but hopefully something similarly large will come down the pipeline in the future.


For those interested, here is the proof. Look for 92-122-NAVY, that is the topic number at http://www.navysbir.com/09_2selections.html.



Naval Sea Systems Command (NAVSEA)
Mr. Dean Putnam - dean.r.putnam@navy.mil

Details N092-122 Candent Technologies Incorporated Greenfield, Indiana
Details N092-122 EngineTec, Inc. Virginia Beach, Virginia
Details N092-122 Katech Inc. Clinton Twp, Michigan
Details N092-122 Spytek Aerospace Corporation Bensenville, Illinois


icon url

chasingpennies

10/18/10 8:49 PM

#2081 RE: Prophetic10 #2072

Hey I think I your great. But honestly I really don't think james has even looked at the website in awhile. Under the investors section why dont' you put some new pics under the virtual tour.

He said he invested millions in this company.

Here's a copy I received:

Dear sucker,
It is the 21st century. I have a neat website with a current price of 1/3 a cent I haven't updated in a year, I am in touch with the public, invest money with me. O by the way, I am so busy not only can't I update my website, I can't tell anyone what I doing or where my money is going or where I am getting my money from. Here's my website http://www.altfueltechnology.com .

Email me, for pump I mean dump, top secret. Remember you pay next time. I have to keep telling my investors I am out of town. Love ya.