Stocks & Investing
Stocks and Investing
Stocks and Investing
Fri, March 18, 2011 
TAMPA, Fla.--([ BUSINESS WIRE ])--Alternafuels, Inc. (Pink Sheets: ALTFD), (aAlternafuelsa or athe Companya) began trading today.
Alternafuels is based on unique energy technologies that are alternatives to petroleum products that rival petroleum in abundance and efficacy, and exceed petroleum in economy and price stability, with a reduced environmental impact.
aThe emergence of Alternafuels as a public company is the culmination of a ten-year endeavor to support energy independence not only for America, but for all countries. Our technologies that convert domestic sourced materials into energy are designed to supplement todaya™s energy sources making a high quality of life sustainable for the long-term,a commented John Stanton, Chairman and Chief Executive Officer.
Recently, a member of the engineering and scientific community paid the Company an insightful compliment: Alternafuels is chemotherapy for Americaa™s energy crisis.
About Alternafuels
Alternafuels comprises disruptive or transformational technologies that support energy independence based upon indigenous sources of potential energy that vary by state, region and country. The proprietary, patented and patent pending energy technologies of Alternafuels share the common thread of changing the form of energy in novel chemical-physical processes, rather than biological processes, to amplify the amount of useful energy that can be harvested. The Companya™s energy products are directly manufactured, marketed and sold by the Company.
Alternafuelsa™ wholly-owned subsidiary, BulovaTech Labs, Inc., is our askunk worksa that incubates disruptive technologies into commercial products for entry into five multi-billion dollar markets: energy, defense, building materials, pharmaceutical and medical information technology.
The Companya™s products for non-energy markets are commercialized through joint-ventures or other arrangements with companies that have a history of success servicing these markets.
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook
