AFPW- Recent NEWS leads us to believe that MAJOR Contracts could be just around the corner!

AFPW.ob – Alumifuel Power Inc.
What is Alumifuel?
AlumiFuel Power Corporation is wholly-owned operating subsidiary AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.
Is Alumifuel Profitable?
Before this year they were in the end stages of commercialization of their hydrogen generator, the PBIS-1000. Now they are fully in commercialization for the Generators that sell for $15,000 a piece (per last pr). They received a major order from a undisclosed military organization that purchased 3 PBIS-1000 Units.
MAJOR CONTRACTS COMING FOR ALUMIFUEL – PAST DD CONFIRMS
One of the very first Press Releases AFPW.ob released that got our attention was “AFPW signs Memorandum of Understanding with Major Aerospace Company”. In this press release they clearly state their connections. IT CLEARLY states that AFPW completed two fuel technology evaluation contracts for a major subsidiary of the world’s second largest aerospace & defense company relating to power generation concepts for national security applications
AFTER SOME RESEARCH WE HAVE FIGURED OUT WHO IS THE SECOND LARGEST AEROSPACE AND DEFENSE COMPANY! IT’S HAMILTON SUNDSTRAND! (BOEING IS A SUBSDIARY!)

AFPW’s EXPOSURE (PBS, Conferences, Magazines, Navy Showcases and More!)
Alumifuel’s CEO Interview – David Cade:
AFPW Display PBIS-1000 at American Meteorological Society (AMS) Conference:
Lehrer PBS NewsHour – over 3M viewers per night!
AlumiFuel Power, Inc.’s Technology Showcased at Naval Energy Forum:
Senior Analyst Robert Goldman Prices AFPW at .40!
AlumiFuel Power, Inc. Featured in Keystone Edge Online Magazine:
AFPW & CEO David Cade Highlighted in University City Science Center Release:
AlumiFuel Power, Inc. CEO David Cade Speaks at Renewable Energy Conference:

RECENT NEWS:
- AlumiFuel Power, Inc. Highlights Size of Addressable MarketsBusiness Wire(Wed, Mar 10)
- AlumiFuel Power, Inc. Announces Update of Its Unmanned Underwater Vehicle InitiativesBusiness Wire(Tue, Mar 2)
- AlumiFuel Power, Inc. Provides Update on Its Flameless Ration Heater InitiativesBusiness Wire(Thu, Feb 25)
- AlumiFuel Power, Inc. Announces Breakthrough Technology EnhancementBusiness Wire(Tue, Feb 23)
- ActionPak, Inc. Begins Production of AlumiFuel Power, Inc.’s PBIS-1000 CartridgesBusiness Wire(Fri, Feb 19)
- ALUMIFUEL POWER CORP Files SEC form 8-K, Other EventsEDGAR Online(Tue, Feb 9)
- AlumiFuel Power, Inc. Receives First Purchase Order for Its Portable Balloon Inflation SystemBusiness Wire(Tue, Feb 9)
- AlumiFuel Power, Inc. Announces Important New Technology AdvancementBusiness Wire(Wed, Jan 27)
- AlumiFuel Power, Inc.’s PBIS-1000 Portable Hydrogen Generator is Now Commercially AvailableBusiness Wire(Wed, Jan 20)
- AlumiFuel Power, Inc. to Display PBIS-1000 Unit at American Meteorological Society (AMS) Conference (Business Wire(Fri, Jan 15)
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AFPW- Breaking News, Mass Production Has Commenced!

AFPW Just Released some fantastic news this morning, with the help of ActionPak Inc, Mass Production has Commenced! With the today’s announcement and the recent accomplishment of AFPW landing their first purchase order we expect new orders to come, in turn driving some serious cash in AFPW’s direction.
ActionPak, Inc. Begins Production of AlumiFuel Power, Inc.’s PBIS-1000 Cartridges
Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced today that ActionPak Inc., a Philadelphia area world-class packaging and assembly company with a 30-year industry pedigree, has begun production of API’s AlumiFuel cartridges which provide the fuel for API’s Portable Balloon Inflation System 1000 (PBIS-1000). Three PBIS-1000 units were recently purchased by a military customer. (See API news release of February 9, 2010.) API’s 32-oz. cartridges, filled with aluminum powder and proprietary additives, are inserted into two reactor vessels on the PBIS-1000 to generate 1,000 liters of hydrogen in 20 minutes once water is pumped into the cartridges. API has designed the cartridge to withstand the necessary temperatures and pressures, while maintaining its integrity. API and ActionPak have devised and implemented a process to produce the cartridges efficiently and cost effectively. API’s PBIS-1000 portable hydrogen generator, along with ten cartridges, generates the same amount of hydrogen (5,000 liters) as a heavy and hard-to-handle K-Cylinder. By replacing highly pressurized K-Cylinders, API’s generator and cartridge-based system greatly reduces the cost and danger of transporting hydrogen, making the gas more readily available in remote and other inaccessible locations, as well as for portable applications.
Having the flexibility, capability, and capacity to produce the cartridges in high volumes, ActionPak agreed to manufacture API’s cartridges on an outsourcing basis. With ActionPak’s background, expertise, and versatility in military and commercial packaging, both companies are looking to create a long-term relationship and have already begun exploring options for the production of API’s Flameless Ration Heaters for military and commercial customers worldwide. (See API news releases of January 4, 2010 and December 21, 2009.) API’s Director of Engineering, Mr. Sean McIntosh, said: “ActionPak is as excited as we are about the many new business opportunities emanating from this relationship. The proximity of their plant and their ability to quickly adapt to new requirements are an ideal match for API’s needs.” About ActionPak, Inc.
ActionPak (www.actionpakinc.com), a premier contract packaging and assembly company for more than 30 years, is located in a suburban Philadelphia Industrial Park. ActionPak has over 250,000 square feet of production and warehouse space, and a workforce of over 200 employees. The company services many major brands and Fortune 500 companies, helping to design, assemble and package products. ActionPak’s business is diverse, and to prevent cross contamination, Food, Beverage and Over the Counter products are kept in separate buildings from its Military, Industrial and Export packing businesses. Since it executes both U.S. Military and Foreign Military sales contracts, the company is thoroughly familiar with military handling and shipping requirements, and a resident Department of Defense (DoD) Quality Assurance
Representative is stationed at its facility. ActionPaks key accounts have included: General Electric, Northrop Grumman, Coca-Cola, Heinz, ConAgra, and the DoD.
About AlumiFuel Power, Inc.
API (www.alumifuelpowerinc.com) is an alternative energy company that generates hydrogen gas and superheated steam for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API’s hydrogen drives fuel cells for back-up and portable power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its hydrogen/steam output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems. API 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 AlumiFuel Power Corporation AlumiFuel Power Corporation, formerly known as Inhibiton Therapeutics, Inc., recently acquired its wholly-owned operating subsidiary AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources. The Company also has been conducting biotechnology research, development and potential commercialization of technologies and products for new cancer therapeutic agents and cancer fighting drugs called targeted therapies.
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.
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AFPW- Our Next Big Winner! She’s The Goose That Lays the Golden Eggs!

The Buzz is Brewing and AFPW is Starting to Rustle Her Feather’s!
Over the past week, we’ve been in discussions with the company and we get the impression that Major News could be hitting the air as early as next week. If you missed AFPW’s move last time around we suggest you not over look her a second time. She is the goose with the Golden Eggs! Recently steady buying has been pinching away at AFPW’s already tight float. With this type of action she’s starting to resemble a loaded coil, the slightest stimulation could send us springing past 0.10 and beyond! News could be just what the doctor ordered, Be on the Look Out! If everything comes into play AFPW could make our members some Serious Dough!
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AFPW, and AMCG Our Next Big Winners!

We’ve had a fantastic week so far! AFPW and AMCG are both shaping up to be Big Winners!
AFPW- Today AFPW announced some Monumental News that we feel our members should Carefully read over if they haven’t already done so. It’s what we’ve all been patiently waiting for, AFPW has landed their First Purchase order for the PBIS-1000! We can say without a doubt that AFPW appears to be making all the right moves with perfect timing! They partnered with Kaymount Industries along with other key companies to insure a huge chance for success in the hydrogen market. They’ve also showcased their products in multiple key locations that has brought substantial amounts of customer interest in the recent months. In January of this year AFPW made another major announcement claiming they were fully ready for Mass Production. Given today’s press release about their first purchase order we feel strongly that the days of mass production/ distribution may be just around the corner!
AlumiFuel Power, Inc. Receives First Purchase Order for Its Portable Balloon Inflation System
http://finance.yahoo.com/news/AlumiFuel-Power-Inc-Receives-bw-3241814322.html?x=0&.v=1
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AMCG- AMCG has been on steady climb since our alert late last week at 0.61. Things are certainly starting to Heat up! Today AMCG hit a high of 0.71, and we believe this beauty could have a lot more room to grow. Yesterday Victor Shula, Ph.D. of Beacon Equity Research issued a “Speculative Buy” rating with a price target of $1.44. Not to mention in the first quarter of 2010, Amico Games revenue has grown a staggering 61% with their total user base up over 129% to more than 20.6 million!
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The Bulls Are Dancing! AMCG, AFPW, EXPU, GSS, & PNGBE Could Make Our Members Big Bucks!

We hope everyone had a safe and fantastic weekend, were anticipating a very bullish week ahead! To prepare our member’s we’ve compiled a list of some hot picks that we suggest you keep a close eye on during the upcoming week!
AMCG- The buzz is brewing, and the bulls are dancing! We alerted our members to this beautiful pick last week at 0.61, on Friday we closed at 0.65. With the buzz on the rise and news rumored to be in the pipes, we feel our members could make some potentially monstrous gains over the upcoming weeks.
AFPW- It appears that the shorts are long gone and major updates could be on there way! If the company delivers we expect our member’s to profit huge from the current levels!
EXPU- is up 344% from our alert in December! Interest is constantly growing and the bulls are running wild. A break of the 0.19 resistance level could send us rushing into a major breakout, keep an eye on this one!
GSS- Bullish Bottom Bouncer- We feel our members could make some decent profits off of this undervalued bottom bouncer.
PNGBE- The 10q could come any day now, we highly suggest our member’s keep a hawk’s eye on this particular stock!
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AFPW is Gaining Interest & Volume is Pouring in!

Volume exploded Friday upon the release of some fantastic news. Kaymont Consolidated of Long Island, the world’s largest weather balloon distributor announced that they would be show casing AFPW’s hydrogen applications to some of their major clients at the AMS Annual Meeting in Atlanta, January 18-19, 2010. Considering Kaymounts position and reputation we expect to gain a substantial customers/ interest in our PBIS-1000 generator, which is far safer, cheaper, and more efficient than the old oversized K-Cylinders which weather balloons are currently using.
API says its production line is fully ready for mass production of its hydrogen generators!

Company Highlights
- - Fully reporting company
- -Expecting Some Major Contract News Very Soon.
- - AFPW is in a Smoking Hot Sector! “Alternative energy, Hydrogen application to be more specific”
- - Hydrogen power is clean, green, non-toxic and emission-less
- -In 2009 the Federal Government Reinstated funding for Hydrogen starting early 2010
- -AFPW provides SAFE dry hydrogen
- - Delivers 5X the energy density (runtime) of lithium batteries
- - Opens up doors for new power applications
- - Our hydrogen inflates devices such as weather balloons for military and World Meteorological Organization applications
- - Our hydrogen and steam drive underwater propulsion systems and a new class of turbine-based portable and auxiliary power systems
- - Our hydrogen drives fuel cells for back-up, portable and remote power
- -OS = 276,970,977
- -API was named as one of the top ten emerging companies by keystoneedge, fall 2009
- - Company’s relationship with the Drexel University Nanotechnology Consortium has been critical to its success, providing access to high-powered electron microscopes and other invaluable nanoscale functions.
- - AFPW began the manufacturing of its third-generation portable balloon inflation system (PBIS-1000). This will be API’s first commercially available product
- - Production line is fully ready for mass production of its hydrogen generators
- - API’s generator does not need an external power source, and unlike steam reformers, API’s generator creates no greenhouse gases. Furthermore, all the chemicals used in the reaction are non-toxic and can be recycled or discarded in municipal dumps. API’s hydrogen generator is more mobile and considerably less expensive than any other system on the market.
- -AFPW’s application is a lot safer/ cheaper/ more efficient than the old K-Cylinders for weather balloons.
- - ‘Speculative Buy’ rating with a price target of $0.40.” From Senior Analysis Robert Goldman
- - AFPW is developing a new Reactor that will expand AFPW’s capabilities to adapting to broader applications.
- - In July The Company Moved to a Bigger Facility in Philadelphia “About 4 Times The Size of Their Original Location”
- - The location is not only bigger by “four fold”, the new building is also going under certification as a Leadership in Energy and Environmental Design (LEED). This is the highest benchmark for “green” buildings around the world.
- - Philadelphia is also the “Home of Hydrogen Energy”, so its location gives AFPW a big Advantage over competitors. They are also located near the University so the location of the center of a high-technology talent pool and advanced nanotechnology materials analysis capabilities, we are ideally situated to grow AFPW’s business base.
- - Keen customer interest has been majorly increasing from PBS and Department of Defense’s Naval Energy Forum
- - Partners with Kaymount Consolidated, which is the world’s largest distributor of weather balloons, a $100 million market.
- -Kaymount will be introducing our product to a countless amount of their clients at the AMS Annual Meeting in Atlanta, January 18-19, 2010.
- - API’s PBIS-1000 “Water is poured into the unit’s water tank, and a hand pump is then used to inject water into the cartridges, generating 1,000 liters of hydrogen in 20 minutes”
- - Developing New Hand Held Flameless Heating Devices
- - PBIS-1000 hydrogen generator “Expecting to replace the dangerous, over sized K-Cylinders.
Recent News
AlumiFuel Power, Inc. to Display PBIS-1000 Unit at American Meteorological Society (AMS) Conference
http://finance.yahoo.com/news/AlumiFuel-Power-Inc-to-bw-1231386055.html?x=0&.v=1
Video Chart
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AFPW- Facility Walk Through & Annotated Chart!

AFPW closed absolutely beautifully on Friday at 0.066. Just as we predicted the chart has been consolidating nicely between 0.06 – 0.07. In fact we haven’t even managed to test our 0.06 support over the past few trading days. Instead it appears our support levels are growing stronger with every passing day, inching closer and closer to the 0.07 level.
Just as we promised, last week our colleague visited AFPW’s facility in Philadelphia to see what was brewing behind the scenes. We were extremely impressed to say the least , at 0.066 we feel AFPW has a lot more room for growth.
Interested in knowing more? Read the following articles to see what he discovered.
My eye opening visit with Alumifuel Power Inc and management! These guys know hydrogen!
Is Portable Hydrogen Power Closer then We think? Alumifuel Power is leading the way in Hydrogen Energy!
CEO Interview: *Must See*
AFPW Annotated Chart:

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AFPW Annotated Chart, RVBF Positive News- Great Close!

AFPW closed slightly down but not to worry, our support held nicely throughout the day. The 20 day simple move average wasn’t even touched like it was yesterday, which we believe to be a bullish sign despite the red close. As long as our support continues to holds we are expecting a consolidation period between 0.06 – 0.07 before the next leg up.
We alerted RVBF a few weeks ago at 0.083, today RVBF closed at 0.149 on some positive news.
AFPW Annotated Chart:

Raven Biofuels International Announces Corporate Outlook and Milestones for Q1-2010
ATLANTA, GA–(Marketwire – 01/06/10) – Raven Biofuels International Corporation (Pinksheets:RVBF – News) (”Raven” or the “Company”) is pleased to announce the company’s objectives for Q1-2010.
Raven has two key projects in development today. Both projects are commercial scale (11 MGY output) designed to be scalable for future expansion. The first proposed project is in conjunction with Raven Biofuels Ltd (RBL) in BC, Canada. The proposed biorefinery location is in Kamloops, BC through a Joint Venture (JV) with the Kamloops Indian Band (KIB) called the Tk’emlups Biorefinery Project.
Goals for this project in Q1 are:
� -- Complete preliminary engineering study -- Conclude feedstock study -- Hire key personnel -- Finalize site agreements -- Initiate permitting -- Initial feedstock testing -- Initial feedstock supply agreements -- Sign initial off-take agreements for biorefinery products -- Secure additional public and private funding sources
The second proposed project is in Mississippi. Goals for the project in Q1 are:
-- Conduct feedstock study -- Initial feedstock testing -- Initial feedstock supply agreements -- Finalise site agreement -- Identify additional public and private funding sources
Management believes that there are efficiencies in pursuing both projects simultaneously via shared information that can significantly reduce engineering and testing costs. Further benefits may be realized on purchasing of key components.
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AFPW- Shareholder Update and Annotated Chart!

AFPW is still looking bullish despite the dip during trading today. The fundamentals are still strong with AFPW, and were expecting some major updates in the near future. If anything today’s dip was to be expected after all stocks don’t move straight up over night, a strong stock takes time to build. AFPW’s chart still has plenty of up room to move, overall we are still on a bullish uptrend. For the time being we are expecting some consolidation between 0.06 – 0.07, if support holds this will build a nice base for the next leg up. One important thing to note is that before the current updates we had a valuation estimate at 0.40 per share. Since then the company has brought in more value through product advancements and extra exposure with their company in the Hydrogen Market. AFPW is ready for Mass production and so are we! 2010 could turn out to be a great year for AFPW, after all the Government has decided to Reinstate Funding for Hydrogen Energy!! Funding is expected to start early 2010 according to the DOE, AFPW could very well be a candidate, keep your eyes peeled.


AFPW Recent Press Release Highlights:
- AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced that it is positioned to aggressively move into the commercialization stage in early 2010, as one product is now entering the marketplace and another product is ready for market entry.
- API announced that, with the help of its local manufacturing partner, Apex Piping Systems (see API news release of September 28, 2009), its production line is fully ready for mass production of its hydrogen generators.
- API’s PBIS-1000 relies on the robust chemical reaction among aluminum, water, and proprietary additives. Operation of the generator is simple: two 32-oz. “aluminum can” cartridges containing aluminum powder and the proprietary additives, are loaded into the reactor vessels. Water from practically any source, including salt or brackish water, is poured into the water tank, and a hand pump is then used to inject water into the cartridges, generating 1,000 liters of hydrogen in 20 minutes.
- Unlike expensive electrolysis systems, API’s generator does not need an external power source, and unlike steam reformers, API’s generator creates no greenhouse gases. Furthermore, all the chemicals used in the reaction are non-toxic and can be recycled or discarded in municipal dumps. API’s hydrogen generator is more mobile and considerably less expensive than any other system on the market.
- The PBIS-1000 hydrogen generator is now in production, and delivery of these operational units to customers is expected to begin shortly.
- The weather balloon market is pegged at $150-$200 million per year, and encompasses military as well as civil government meteorological users worldwide. API and its partner, Kaymont Consolidated of Long Island, NY – the world’s largest distributor of weather balloons – have demonstrated pre-production versions of the PBIS-1000 to customers, and the production unit reflects considerable customer feedback. Based on customer reaction, Kaymont and API expect to begin capturing significant market share in 2010, and believe the PBIS-1000 can become the field standard and product of choice. After purchasing PBIS-1000 hydrogen generators, customers will continue to purchase replacement cartridges sufficient for each generator to launch 500-1,000 balloons each year (1,000-2,000 cartridges). This is analogous to the razor/razor blade market dynamic.
- API is in discussions with several major fuel cell companies regarding specific applications. Small, portable fuel cell applications potentially represent an $8 billion annual market as fuel cells replace older technologies such as gensets and batteries. It should be noted that hydrogen provides 4-5 times the energy density (and hence operating time) of lithium batteries.
- API has also completed development of a new generation of flameless heaters – which can heat rations, or fuel personal warmers. (See API news release of December 21, 2009). The most highly visible application in this genre is the Flamelss Ration Heaters (FRH) which heats MREs (Meals-Ready-to Eat) in about 20 minutes. The US Department of Defense (DoD) spends about $36 million annually on these heaters for MREs. Worldwide, this FRH market is about $70 million for military and commercial applications. The incumbent FRH provider to the DoD operates on a sole source basis using a magnesium powder-based mix. After considerable comparative testing in API’s laboratory, it is apparent that API’s AlumiFuel powder-based mix is superior in terms of heat generated per gram and time of heating, and is significantly cheaper. API now has a product ready for this market and is in a dialogue with the cognizant DoD offices to determine the appropriate path for market entry. API also is exploring various options for path-to-market partners to address the larger global market.
- In addition to these market-ready applications, API and a major aerospace partner are continuing to pursue a longer-range, but highly important mission-critical undersea application for the U.S. Navy. Together with a major subsidiary of the world’s second largest aerospace & defense company (a Fortune-50 firm), API is in discussions with U.S. Navy R&D activities regarding appropriate programs to develop a prototype Unmanned Underwater Vehicle (UUV) propulsion system using API’s AlumiFuel-water reaction as the source of superheated steam to drive the aerospace firm’s turbines.
- ‘Speculative Buy’ rating with a price target of $0.40.”According to Senior Analyst Robert Goldman
- AFPW is in a Smoking Hot Sector! “alternative energy”
- In July The Company Moved to a Bigger Facility in Philadelphia “About 4 Times The Size of Their Original Location”
The location is not only bigger by “four fold”, the new building is also going under certification as a Leadership in Energy and Environmental Design (LEED). This is the highest benchmark for “green” buildings around the world.
Philadelphia is also the “Home of Hydrogen Energy”, so its location gives AFPW a big Advantage over competitors. They are also located near the University so the location of the center of a high-technology talent pool and advanced nanotechnology materials analysis capabilities, we are ideally situated to grow AFPW’s business base. - Keen customer interest has been majorly increasing from PBS and Department of Defense’s Naval Energy Forum
- Partners with Kaymont Consolidated, which is the world’s largest distributor of weather balloons, a $100 million market.


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AFPW- A Strong & Steady Climber Up 7.69% With Great News!

AFPW had another fantastic day closing up 7.69% after the HOD close Thursday of last week. Today AFPW released some amazing news that we feel investors should read over carefully. AFPW announced today that they are positioned to aggressively move into the commercialization stage in early 2010, as one product is now entering the marketplace and another product is ready for market entry. We feel major developments are definitely under way, and AFPW has the management to fully deliver on all fronts. It’s quite evident AFPW is serious when business calls. If you recall their last PR from December 30th AFPW announced that, with the help of its local manufacturing partner, Apex Piping Systems, its production line is fully ready for mass production of its hydrogen generators.
We have a colleague that has plans on heading down to AlumiFuel Power Corporations facility this week. We should be able to get pictures of their building, etc and hopefully get some answer any questions we may have.
With MAJOR developments underway we believe that this could be an extremely exciting year for AFPW and it’s investors.

AFPW’s New’s Release Today:
AlumiFuel Power, Inc. Updates Its Commercialization and Marketing Plans
AFPW Recent Press Release Highlights:
- AlumiFuel Power Corporation (OTCBB: AFPW), (the “Company”), announced that it is positioned to aggressively move into the commercialization stage in early 2010, as one product is now entering the marketplace and another product is ready for market entry.
- API announced that, with the help of its local manufacturing partner, Apex Piping Systems (see API news release of September 28, 2009), its production line is fully ready for mass production of its hydrogen generators.
- API’s PBIS-1000 relies on the robust chemical reaction among aluminum, water, and proprietary additives. Operation of the generator is simple: two 32-oz. “aluminum can” cartridges containing aluminum powder and the proprietary additives, are loaded into the reactor vessels. Water from practically any source, including salt or brackish water, is poured into the water tank, and a hand pump is then used to inject water into the cartridges, generating 1,000 liters of hydrogen in 20 minutes.
- Unlike expensive electrolysis systems, API’s generator does not need an external power source, and unlike steam reformers, API’s generator creates no greenhouse gases. Furthermore, all the chemicals used in the reaction are non-toxic and can be recycled or discarded in municipal dumps. API’s hydrogen generator is more mobile and considerably less expensive than any other system on the market.
- The PBIS-1000 hydrogen generator is now in production, and delivery of these operational units to customers is expected to begin shortly.
- The weather balloon market is pegged at $150-$200 million per year, and encompasses military as well as civil government meteorological users worldwide. API and its partner, Kaymont Consolidated of Long Island, NY – the world’s largest distributor of weather balloons – have demonstrated pre-production versions of the PBIS-1000 to customers, and the production unit reflects considerable customer feedback. Based on customer reaction, Kaymont and API expect to begin capturing significant market share in 2010, and believe the PBIS-1000 can become the field standard and product of choice. After purchasing PBIS-1000 hydrogen generators, customers will continue to purchase replacement cartridges sufficient for each generator to launch 500-1,000 balloons each year (1,000-2,000 cartridges). This is analogous to the razor/razor blade market dynamic.
- API is in discussions with several major fuel cell companies regarding specific applications. Small, portable fuel cell applications potentially represent an $8 billion annual market as fuel cells replace older technologies such as gensets and batteries. It should be noted that hydrogen provides 4-5 times the energy density (and hence operating time) of lithium batteries.
- API has also completed development of a new generation of flameless heaters – which can heat rations, or fuel personal warmers. (See API news release of December 21, 2009). The most highly visible application in this genre is the Flamelss Ration Heaters (FRH) which heats MREs (Meals-Ready-to Eat) in about 20 minutes. The US Department of Defense (DoD) spends about $36 million annually on these heaters for MREs. Worldwide, this FRH market is about $70 million for military and commercial applications. The incumbent FRH provider to the DoD operates on a sole source basis using a magnesium powder-based mix. After considerable comparative testing in API’s laboratory, it is apparent that API’s AlumiFuel powder-based mix is superior in terms of heat generated per gram and time of heating, and is significantly cheaper. API now has a product ready for this market and is in a dialogue with the cognizant DoD offices to determine the appropriate path for market entry. API also is exploring various options for path-to-market partners to address the larger global market.
- In addition to these market-ready applications, API and a major aerospace partner are continuing to pursue a longer-range, but highly important mission-critical undersea application for the U.S. Navy. Together with a major subsidiary of the world’s second largest aerospace & defense company (a Fortune-50 firm), API is in discussions with U.S. Navy R&D activities regarding appropriate programs to develop a prototype Unmanned Underwater Vehicle (UUV) propulsion system using API’s AlumiFuel-water reaction as the source of superheated steam to drive the aerospace firm’s turbines.
Link to AFPW’s Video Chart:
http://investorshub.advfn.com/boards/playvideo.aspx?v_id=814

CEO Interview From September: *An Absolute Must See*
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