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![]() [b]AFPW $$ MERGER $$ ALUMIFUEL Power $ ISIN: US0222011076
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$ WKN: A0NDDJ $ ISIN: US0222011076 $ Symbol: AFPW Typ: Aktie STRONG BUY $ BULISH $ LONGTERMTARGET:3,00+US Dollars+ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$ Handelbar in Deutschland und USA an der NASDAQ OTC $ Handel in USA bevorzugt, da mehr UMSATZ $$ LONGTERM TARGET: 1,00 US$ + LONGTERM $ Zeitraum 4 - 6 Monate $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ AlumiFuel Power and Italian Power Solutions Company, Genport, Provide Update on Merger Plans Early production stage hydrogen generation company AlumiFuel Power Corporation (OTCBB: AFPW) (the "Company") announced today that the prospective merger of its Philadelphia-based operating subsidiary, AlumiFuel Power Technologies, Inc. (APTI), and Genport srl into a new U.S. corporate entity, NovoFuel, Inc., is proceeding according to plan (see AFPW news release of February 5, 2013). The parties are finalizing a definitive merger agreement through which each would own 50% of NovoFuel before any future financings. The merger would combine and integrate the synergistic technologies, Intellectual Property, products, revenues, engineering staffs, manufacturing operations, marketing, sales and services activities of both companies, including a new lab facility in the Philadelphia area. The focus of NovoFuel would be to pursue and capture backup and portable power applications and business opportunities in the U.S., Europe, and other market areas -- multi-billion dollar markets. Meanwhile, pre-merger business development efforts of both companies are proceeding at a fast pace. In 2013 Genport already has booked over $1 million in revenues associated with its hybrid power products, including lightweight solar cell modules and lithium-ion battery pack modules for off-grid energy generation, and the GEN300 Hybrid Fuel Cell, which under NovoFuel will be integrated with the AlumiFuel Power hydrogen generation system. Genport has established a customer relationship with Arrow Europe, Autostrade Spa and ENEL Group, Italy's largest power company, and a leading player in power and gas markets in 40 companies on four continents. ENEL is strongly committed to renewable energy sources, and ENEL Labs is sponsoring a $1 million competition, for which Genport has been selected as a finalist. At the same time, APTI continues to receive requests from many customers around the world for quotations regarding its PBIS (Portable Balloon Inflation System) products. Capital raising efforts related to the prospective merger are continuing, and the parties are exploring options for conversion of NovoFuel into a new U.S. public entity at the appropriate time. Completion of this transaction is subject to further due diligence by the parties, negotiation and execution of definitive agreements, and any board of director and/or stockholder approvals that may be necessary. AlumiFuel Power Technologies' President & CEO, Mr. David Cade, and Genport's CEO, Mr. Paolo Fracas, issued a joint statement: "We are more bullish than ever about the renewable energy technologies which will be embodied in NovoFuel, and the expansion of our target markets into other continents." About AlumiFuel Power Corporation () AlumiFuel Power Corporation, operating through its wholly owned subsidiary, AlumiFuel Power Technologies, Inc., is an early production stage alternative energy company that generates hydrogen gas and steam/heat through the chemical reaction of aluminum powder, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices such as weather balloons; can replace costly, hard-to-handle and high pressure K-Cylinders; and provides fuel for flameless heater applications. Its hydrogen/heat output is also being designed and developed to drive fuel cell-based and turbine-based undersea propulsion systems and auxiliary power systems. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. About Genport srl () Genport srl is an advanced power solutions company based near Milan, Italy. Genport is focused on providing clean, safe, reliable and high performance portable power sources for medical, defense, emergency, telecommunications, and industrial applications. Genport's solutions are designed to store and generate electrical energy anytime, anywhere. Genport combines solid hydrogen PEM fuel cell, lithium ion battery and solar cell technologies to: provide a constant, reliable source of power; maximize power and energy density; eliminate noise, emissions and operate in extreme environmental conditions. Genport/GNA's technology partners include Milan Polytechnic, Texas Instruments, Arbin Instruments, four European companies, and Purdue University. Safe Harbor for Forward-looking Statements This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission. CONTACTS: AlumiFuel Power Investor Relations: AlumiFuel Power Corporation Thomas B. Olson Corporate Secretary 303-796-8940 Technical Information & Marketing: Email Contact 610-660-7775 Genport srl Via Lecco, 61 20871 Vimercate (MB) - Italy Email Contact +39 039 639 6500 Genport North America Corp. 1281 Win Hentschel Blvd. West Lafayette, IN 47906 Email Contact 765-237-3393 About AlumiFuel Power Corporation () $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$ PHILADELPHIA, PA--(Marketwire - Feb 20, 2013) - Early production stage hydrogen generation company AlumiFuel Power Corporation ( OTCBB : AFPW ) (the "Company") announced today that the prospective merger of its Philadelphia-based operating subsidiary, AlumiFuel Power Technologies, Inc. (APTI), and Genport srl into a new U.S. corporate entity, NovoFuel, Inc., is proceeding according to plan (see AFPW news release of February 5, 2013). The parties are finalizing a definitive merger agreement through which each would own 50% of NovoFuel before any future financings. The merger would combine and integrate the synergistic technologies, Intellectual Property, products, revenues, engineering staffs, manufacturing operations, marketing, sales and services activities of both companies, including a new lab facility in the Philadelphia area. The focus of NovoFuel would be to pursue and capture backup and portable power applications and business opportunities in the U.S., Europe, and other market areas -- multi-billion dollar markets. Meanwhile, pre-merger business development efforts of both companies are proceeding at a fast pace. In 2013 Genport already has booked over $1 million in revenues associated with its hybrid power products, including lightweight solar cell modules and lithium-ion battery pack modules for off-grid energy generation, and the GEN300 Hybrid Fuel Cell, which under NovoFuel will be integrated with the AlumiFuel Power hydrogen generation system. Genport has established a customer relationship with Arrow Europe, Autostrade Spa and ENEL Group, Italy's largest power company, and a leading player in power and gas markets in 40 companies on four continents. ENEL is strongly committed to renewable energy sources, and ENEL Labs is sponsoring a $1 million competition, for which Genport has been selected as a finalist. At the same time, APTI continues to receive requests from many customers around the world for quotations regarding its PBIS (Portable Balloon Inflation System) products. Capital raising efforts related to the prospective merger are continuing, and the parties are exploring options for conversion of NovoFuel into a new U.S. public entity at the appropriate time. Completion of this transaction is subject to further due diligence by the parties, negotiation and execution of definitive agreements, and any board of director and/or stockholder approvals that may be necessary. AlumiFuel Power Technologies' President & CEO, Mr. David Cade, and Genport's CEO, Mr. Paolo Fracas, issued a joint statement: "We are more bullish than ever about the renewable energy technologies which will be embodied in NovoFuel, and the expansion of our target markets into other continents." $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$ AlumiFuel Power Corporation, operating through its wholly owned subsidiary, AlumiFuel Power Technologies, Inc., is an early production stage alternative energy company that generates hydrogen gas and steam/heat through the chemical reaction of aluminum powder, water, and proprietary additives. This technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. The Company's hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices such as weather balloons; can replace costly, hard-to-handle and high pressure K-Cylinders; and provides fuel for flameless heater applications. Its hydrogen/heat output is also being designed and developed to drive fuel cell-based and turbine-based undersea propulsion systems and auxiliary power systems. The Company has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products About Genport,srl () Genport srl is an advanced power solutions company based near Milan, Italy.. Genport is focused on providing clean, safe, reliable and high performance portable power sources for medical, defense, emergency, telecommunications, and industrial applications. Genport |
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![]() Well since November 21st ( 3 month window ) we have traded:D
4,496,218,524 Now i thought we only have about 3.5 billion available? Where did the other billion come from? Short? Hope Genport has been buying up the float and retires them and changes name and ticker leaving any shorts ( if there are any ) stranded!!! Genport, be good to existing shareholders please!! Acer date VolumeTotal 11/21/2012 7692261 11/23/2012 44554412 11/26/2012 116829408 11/27/2012 10323249 11/28/2012 132346488 11/29/2012 34250000 11/30/2012 85119488 12/3/2012 28302680 12/4/2012 5850000 12/5/2012 18167998 12/6/2012 5895155 12/7/2012 37585044 12/10/2012 4500000 12/11/2012 41822696 12/12/2012 269552576 12/13/2012 80483248 12/14/2012 49993980 12/17/2012 56732800 12/18/2012 21835650 12/19/2012 2128801 12/20/2012 53149800 12/21/2012 22309800 12/24/2012 3200000 12/26/2012 1230000 12/27/2012 5471420 12/28/2012 1450000 12/31/2012 1427600 1/2/2013 30090000 1/3/2013 1340000 1/4/2013 130079104 1/7/2013 23706000 1/8/2013 14925000 1/9/2013 11748908 1/10/2013 563428416 1/11/2013 180205600 1/14/2013 30430444 1/15/2013 8422500 1/16/2013 4981284 1/17/2013 1672883 1/18/2013 220109264 1/22/2013 23102108 1/23/2013 236810096 1/24/2013 74376048 1/25/2013 1350000 1/28/2013 19358300 1/29/2013 3852500 1/30/2013 520714240 1/31/2013 35901800 2/1/2013 40218936 2/4/2013 32813000 2/5/2013 74488248 2/6/2013 186602272 2/7/2013 181108512 2/8/2013 17484100 2/11/2013 3700000 2/12/2013 12749999 2/13/2013 14600000 2/14/2013 4300000 2/15/2013 301477760 2/19/2013 81121400 2/20/2013 266745248 4496218524 |
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![]() AFPW $ MEGEER NEWS UPDATE $ with GENPORT $
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![]() [b]" The parties are finalizing a definitive merger agreement "
" In 2013 Genport already has booked over $1 million in revenues " It |
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![]() [b]AFPW $ Alumifuel and Genport Merger Update
Alumifuell : Genport : ENEL Group : The merger would combine and integrate the synergistic technologies, Intellectual Property, products, revenues, engineering staffs, manufacturing operations, marketing, sales and services activities of both companies, including a new lab facility in the Philadelphia area. The focus of NovoFuel would be to pursue and capture backup and portable power applications and business opportunities in the U.S., Europe, and other market areas |
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