Today’s new alert offers an interesting angle on things, combining three key concepts: Lithion-Ion batteries, Cannabis, staffing services, and a major squeeze potential on mechanical and technical grounds.
Symbol: AFPW
Company: AlumiFuel Power Corp.
Quote: http://finance.yahoo.com/q?s=AFPW
Latest News: http://finance.yahoo.com/q/h?s=AFPW+Headlines
Company Website: http://www.alumifuelpowercorp.com
Subsidiary: NovoFuel (operating subsidiary of AlumiFuel Power Corp.) is a renewable energy company in the late development/early production stage which fields advanced energy technologies for a wide variety of backup and portable power applications. https://www.equitynet.com/c/novofuel-inc
Key Points:
• AFPW just closed its second Asset Purchase Agreement to acquire staffing biz units that are worth a potential $2 mln in revenues (see breaking news here)
• AFPW is a key player in the two most important small-cap phenomena in the marketplace this year: Lithion-Ion Batteries and Cannabis, as well as a new line of biz in the energy staffing space
• AFPW has a small trading float, which suggests the stock could launch higher on any additional influx of interest.
• AFPW is coming off an RSI trough under 36, pointing to a massively oversold stock now heading back the other way.
• AFPW just recorded a MACD Bullish reversal, suggesting a technical change in trend.
• AFPW is seeing a monstrous increase in avg trading volume of late, with volume over the past day 340% above its average over the past 5 months. We are seeing major new interest here.
AlumiFuel Power Corporation (OTCMKTS: AFPW) promulgates itself as a company that operates as an early production stage renewable energy company that generates hydrogen gas and heat through the chemical reaction of aluminum, water, and proprietary additives. Its hydrogen drives fuel cells for back-up, remote, and portable power; fills inflatable devices, such as weather balloons; and replaces hard-to-handle and high pressure K-cylinders.
The company's steam/hydrogen output also drives turbine-based underwater propulsion systems and auxiliary power systems, as well as is used as fuel for flameless ration heaters. It also offers portable balloon inflation system (PBIS)-1000, PBIS-2000, and PBIS-lite hydrogen generators. The company's hydrogen/steam generators also include turbine-based underwater propulsion systems, drop-in recyclable cartridges, and flameless heater packs.
Further, according to the company, it focuses on developing hybrid renewable energy solutions for growing of medical cannabis and oilfield operations.
According to recent press releases, this company is focused on market penetration in both the Cannabis and Lithium-Ion battery spaces. If you haven’t been living on the moon, you can imagine the implications of this combination.
“We basically need to absorb the world’s entire Lithium-ion production”. That’s right from Elon Musk’s mouth, himself. Musk is of course the founder and CEO of Tesla Motors (TSLA), the world’s most important electric car manufacturer. This boom in Lithium is quite possibly the biggest story of the year.
In the U.S., the Wall Street Journal just did a piece showing that the mainstream popularity of electric cars will likely reduce gasoline demand by 5% to 20% over the next two decades, assuming that EVs gain more than 35% market share by 2035. Moreover, analysts are starting to project that market consumption of Lithium could triple from 160,000 metric tons to a staggering 470,000 metric tons by 2025.
As for Cannabis, we know this story well: According to recent reports, legal cannabis could be a $35B industry by 2020. The growth from here to there is roughly 2,187% growth in just a half decade, making legal cannabis easily by far and away the fastest growing major industry in the US over the next 5 years.
This election cycle is also now featuring a race between two candidates who are progressive-minded where it comes to legal issues in the sector, creating growing potential for Federal legislation on Marijuana legalization over the near term.
Bu that’s not all the possibilities here.
In fact, AFPW just made a very important acquisition, forming a wholly owned subsidiary, Energy Staffing Solutions, which just closed two separate an Asset Purchase Agreements to acquire staffing business units.
The asset purchase consists of the business operations including customer lists, contracts, fixed assets, leases and certain other intangibles for operation of the ongoing business. No liabilities were assumed.
Here’s the big point: The assets acquired produced more than $1 million in revenue in the last full year of operation with positive cash flow, on an unaudited basis. As previously announced, ESS signed earlier this week a license agreement through which Labor SMART will provide consulting services to ESS for assistance with establishing and expanding its business (See Full Press Release Here).
That represents a key cushion.
As far as we can see, it’s difficult to pin this one down, but some kind of bounce seems utterly inevitable. You need to have it on your radar!
About AFPW
AFPW (AlumiFuel Power Corp.) a company that operates as an early production stage renewable energy company that generates hydrogen gas and heat through the chemical reaction of aluminum, water, and proprietary additives.
AFPWs hydrogen NovoFuel drives fuel cells for back-up, remote, and portable power; fills inflatable devices, such as weather balloons; and replaces hard-to-handle and high pressure K-cylinders. The company's steam/hydrogen output also drives turbine-based underwater propulsion systems and auxiliary power systems, as well as is used as fuel for flameless ration heaters.
AFPW also offers portable balloon inflation system (PBIS)-1000, PBIS-2000, and PBIS-lite hydrogen generators.
AFPW's hydrogen/steam generators also include turbine-based underwater propulsion systems, drop-in recyclable cartridges, and flameless heater packs. Further, according to the company, it focuses on developing hybrid renewable energy solutions for growing of medical cannabis and oilfield operations.
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