Hello everyone,
I have been holding for a year. The most of the news you have heard is correct, and already released. The co issued shares Last year, before Dec 31st to raise capital becaues their sales were slow and they spent a lot on R+D which is normal for a start up co. And they did metion the need to sell shares before they did it, and raise captial, but I did not watch it closely enough.
They have enough capital now and are doing well. Everyone knows they have the army sbir contracts, and the s. korea program and that an auto maker in eur was testing a dme system since 2009. I think they still have an ongoing relationship with the navy, but not sure. Seems like with the new tech, everyone wants to keep it confidential, which is good for their business, but not for the stock value!
And, an update to the pinks sheets will be official info that everyone can believe. It should add some validity to the company and share value. last Spring on the last co update it was mentioned that aftc was no longer just an R+D co, but had started commerical opperations, which may be updated in the pink sheets. This is a big step in going from r+d to sales.
From my experience, the co has been run with integrity, has diversity and is awesome that they are competing with other HUGE companies and such. I am holding for the long term.
The political arena may help too. Possible energy bill coming up, maybe fed grant money or low int loans, and then there is still the world energy conference this winter in mexico? It is all looking good for a company with so much to offer and who is looking towards a greener future.
Relax and enjoy the ride!!!
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