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AFTC - Alternative Fuel Technologies Inc.

post #1 of 145
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stock-chart-str.aspx?id=aftc&ca=24062939

REDFORD, MI--(MARKET WIRE)--Jun 15, 2009 -- Alternative Fuel Technologies Inc. (Other OTC:AFTC.PK - News) is pleased to announce that it has received a Phase 1 SBIR1 from the United States Army to assess the acceptability of running jet fuel (JP-8) in a very high pressure (30,000 psi) diesel fuel injection system. The project and option involve durability testing of a high pressure fuel system for 500 hrs and assessing the wear of critical parts. Once assessed, a Phase 2 proposal will be submitted to redesign the pump to reduce wear and build and test a prototype.

Phase 1 + Option (Phase 2 proposal) is valued at $120,000. The durability test is now running and will be completed inside of 3 weeks. Phase 2 is valued at $500,000. AFTC's proven DME pump "low wear" technology will be incorporated into the phase 2 design -- if the Army proceeds, which the Company believes is likely.

AFTC CEO James C. McCandless stated, "This contract is significant for Alternative Fuel Technologies as it legitimizes the technology of our product as well as the capacity to implement such technology. AFTC is striving to become the simple solution for Alternative Fuel Technologies and this is a step in the right direction."
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REDFORD, MI--(MARKET WIRE)--Jun 17, 2009 -- Alternative Fuel Technologies Inc. (Other OTC:AFTC.PK - News) -- President and CEO Jim McCandless has been invited back to Washington, DC to offer insight on how his alternative fuel and related technologies are capable of reducing fuel costs for the United States Military. The rising costs of Military Fuel and the insecurity of foreign suppliers has driven the Department of Defense to develop alternatives to traditional fossil fuels. Mr. McCandless has been asked to discuss how using DME, Dimethyl Ether, along with AFTC's proprietary DME Fuel Injection Systems can satisfy the United States prime imperative to provide National Energy Security, which impacts not only US and Western economic objectives, but our Military objectives, strategies, and missions.

This October, CEO Jim McCandless will return to Washington, DC as one of the key experts charged with leading the way for The Office of the Secretary of Defense (OSD) in contributing to the solution of this critical cost burden. The OSD is the principal "element of the Secretary of Defense" whose role, in part, is resource management, fiscal, and program evaluation. On April 17, 2009, Mr. McCandless of Alternative Fuel Technologies Inc. (AFTC) discussed the possibilities and impact of using his DME or Dimethyl Ether "alternative" fuel in United States Military Vehicles.

CEO Jim McCandless is "overjoyed" to be invited back as a key expert at October's "Military Energy and Fuels Conference." Mr. McCandless stated, "Much will depend on making future systems, platforms and weapons more fuel efficient. However, the Department of Defense appears to be heavily invested in seeing that US technological ingenuity will provide the next generation of fuel solutions...We at AFTC feel strongly about our solution and potential to contribute to our government and our country."
post #2 of 145
Thread Starter 
Last June, AFTC went from .55 to 1.40, then to 1.75 in August... with this news and government involvement, We could see it back up there. IMO
post #3 of 145
Thread Starter 
REDFORD, MI--(MARKET WIRE)--Jun 17, 2009 -- Alternative Fuel Technologies Inc. (Other OTC:AFTC.PK - News) -- CEO McCandless is enthusiastic about the upcoming "Military Energy and Fuels Conference." "Having the opportunity this October to address the US Military's needs and provide solutions to their prime imperative, National Energy Security, I believe our company and this country are truly moving in the correct direction."

Alternative Fuel Technologies, Inc (AFTC) is a company engaged in the development and manufacturing of advanced fuel systems for use with a new alternative fuel -- dimethyl ether (DME). DME is a "green" or "pollution free" diesel fuel replacement that can be manufactured at low cost from abundant resources, including stranded natural gas, coal and biomass. Biomass, a renewable energy source, is created by converting living and recently dead biological material, plants, dead trees, and the like into useable fuel. The United States Military's ability to transform abundant resources to fuel our Military Vehicles would have a resounding impact on our country as a whole.

CEO McCandless stated, "The adoption of DME and our Fuel Injection Systems on the Military Level would offer the private sector the satisfactory evidence that DME is a legitimate fuel. McCandless further stated, "It is the company's ultimate goal to achieve series production of DME fuel systems for the global automotive market by 2011."
post #4 of 145
I found this PDF on Dimethyl Ether that has a chart comparing it to other fuels on page 6.

http://www.total.com/static/en/media...efinitif11.pdf
post #5 of 145
Thread Starter 
Quote:
Originally Posted by shm613 View Post
I found this PDF on Dimethyl Ether that has a chart comparing it to other fuels on page 6.
Nice! I really like this stock. When you think about Obama's plan and the "what if's" behind this company and their plan, Its exciting to think what this thing, as a stock, could be priced in 2011.
post #6 of 145
Quote:
Originally Posted by Timmah2483 View Post
Nice! I really like this stock. When you think about Obama's plan and the "what if's" behind this company and their plan, Its exciting to think what this thing, as a stock, could be priced in 2011.
Oh yeah the only downside I have found with DME is that i think it produces less energy than diesel but its also lighter and takes a lot less energy to convert it into a gas. I don't remember what temperature it was but it was a lot lower than all the other fuels on that table
post #7 of 145
Thread Starter 
yeah i know what you mean. but I have to believe if the military is happy with it, what would stop it from going national? ...part of the "what if's" i was talking about... Its all too early to know, at this point
post #8 of 145
Thread Starter 
Finished today at .0408! If QTWW goes up tomorrow around .78 I'm going to sell, and find a buying point in AFTC
post #9 of 145
I wasn't saying it was terrible because DME is created from renewable resources and has lower emissions than gasoline and diesel. On top of that Europe is looking at use DME as a biofuel also. So I don't see a reason it couldn't be used national, even if its would be expensive to produce now the price could only go down since it can be made out of any bio waste.
post #10 of 145
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ready for another big day! i have a good feeling about today and friday... i think to finishes the week strong
post #11 of 145
Thread Starter 
Quote:
Originally Posted by Timmah2483 View Post
ready for another big day! i have a good feeling about today and friday... i think to finishes the week strong
Wrong... good news is, Its in position to buy again
post #12 of 145
I really wish I would have had some extra money to add more at the dip
post #13 of 145
Thread Starter 
Quote:
Originally Posted by shm613 View Post
I really wish I would have had some extra money to add more at the dip
I sold at .036 and added at .0295... I dont really understand the sale off, though. Especially the 160K at .031-.029... they lost $400 dollars.

but its all good and Back to .0345 and growing!
post #14 of 145
I'm thinking it was just profit taking. It was green 5 days in a row
post #15 of 145
Thread Starter 
yeah i agree, i wouldnt have dropped it, if it wasn't for the noticeable trend from the start... Im glad I was able to reposition. I didnt take any profit just added shares
post #16 of 145
Thread Starter 
Etrade showing .04 at close
post #17 of 145
So is Ameritrade. Its the first day this week my portfolio has closed green
post #18 of 145
Thread Starter 
Quote:
Originally Posted by shm613 View Post
So is Ameritrade. Its the first day this week my portfolio has closed green
You still holding? I sold again, but I like it long term. going to get back in if it falls
post #19 of 145
Quote:
Originally Posted by Timmah2483 View Post
You still holding? I sold again, but I like it long term. going to get back in if it falls
Yeah left my computer and came back and it was .033 already so I just held it.
post #20 of 145
I'm going to try to get into this this morning. Anyone else still in it?
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