Oh wow 47,000,000 Shares at 1.09 Euro!
AlumiFuel Power International (AFPI) has been listed on the Frankfurt Börse stock exchange since September 2010. While during most of that period of time there was little to no trading in the stock, more recently there has been increased daily volume and the price as of the close of business on October 10, 2011 was EURO 1.09. The Company owns 47,500,000 shares of AFPI. The Company's plan to generate investor awareness in AFPI in order to create a more liquid and stable trading market is in the initial stages as evidenced by recent trading. In addition to providing a market for the AFPI stock and its stockholders, one significant goal is to use the increased liquidity for the Company's capital raising activities by monetizing a portion of its shares. When successful, this will minimize the dilution to the current AFPW stockholders and potentially create other shareholder maximization initiatives.
In addition, AFPI has addressed and meets the current listing requirements for the Frankfurt Börse Stock Exchange.
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