The full Press Release can be read by clicking Here- http://finance.yahoo.com/news/AlumiFuel-Power-Inc-Signs-bw-1731668952.html?x=0&.v=1
Thursday, August 13, 2009
AlumiFuel Power, Inc. Signs Memorandum of Understanding with Major Aerospace Company
The full Press Release can be read by clicking Here- http://finance.yahoo.com/news/AlumiFuel-Power-Inc-Signs-bw-1731668952.html?x=0&.v=1
Friday, August 7, 2009
Two Technologies one Company, Best Deal on the OTC.
AlumiFuel Power Corporation, formerly known as Inhibiton Therapeutics, Inc., recently acquired the 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.AFPW.OB is clearly a company on the move, recent press releases tell of quad tripling of laboratory space. First product to begin initial production. The hiring of new investor relations. The strong management and numerous niche markets make Alumifuel Power Corp a very attractive investment.
Want More? Check out the new Investor Relations website -http://irgnews.com/coi/AFPW
Web-site- http://www.alumifuelpowerinc.com/
Wednesday, August 5, 2009
Thursday, July 16, 2009
AlumiFuel Power Corp. Operating Subsidiary AlumiFuel Power, Inc. Customizes Its Powder Mixtures Through Nanotechnology Analysis.
Press Release Source: AlumiFuel Power Corporation On Thursday July 16, 2009,
CENTENNIAL, Colo.--(BUSINESS WIRE)--AlumiFuel Power Corporation (“the Company”) (OTCBB: AFPW) said today that its wholly owned operating subsidiary, AlumiFuel Power, Inc. (“API”), based in Philadelphia, Pennsylvania, an early production stage hydrogen generation company, has announced new breakthroughs in its AlumiFuel powdered aluminum mixes for specific applications as a result of nanotechnology materials analysis made possible by its membership in Drexel University’s Nanotechnology Consortium and the resultant direct interaction with the Drexel Nanotechnology Institute (DNI).
As a member of the Drexel Nanotechnology Consortium, API has access to the world-class Central Research Facilities of Drexel University, including state-of-the-art analytical and imaging labs and a micro fabrication lab. The labs rely on a vast array of advanced equipment for electron microscopy, spectroscopy, x-ray diffraction, micro fabrication and other nanoscale functions.
The Drexel relationship has given API cutting edge capabilities to analyze, at the atomic level, pre- and post-reacted AlumiFuel powder mixtures and to observe small samples during the reaction. This technology allows for very precise observations of the fundamental chemical mechanisms that accelerate or decelerate the reaction, which will ultimately lead to more controllability and higher yields. API has processed dozens of images and spectrographs capturing the variety of crystal growth occurring during the reaction and also the shape, size and surface characteristics of the aluminum before the reaction
API’s Chief Technology Officer, Mr. John Boyle, a nationally renowned hydrogen expert, said, “These observations already have helped API tailor the size, shape and dispersion of AlumiFuel mixtures for various applications -- ranging from a rapid low temperature release of hydrogen for inflating weather balloons, to a slower steady release of hydrogen for fuel cells to generate electricity or a high temperature reaction to power steam turbines for underwater propulsion
As a result of this synergy, API and DNI are also collaborating in the pursuit of various Department of Defense R&D program opportunities, with DNI serving as a subcontractor to API on selected Small Business Technology Transfer and Small Business Innovative Research proposals.
API’s President & CEO, Mr. David Cade, said, “We are extremely fortunate to have such a close working relationship with Drexel Engineering. This has enabled API to more aggressively pursue our business plan as we commercialize our technology and penetrate our target markets.”
STRONG BUY!
Press Release Source: AlumiFuel Power Corporation On Thursday July 16, 2009,
CENTENNIAL, Colo.--(BUSINESS WIRE)--AlumiFuel Power Corporation (“the Company”) (OTCBB: AFPW) said today that its wholly owned operating subsidiary, AlumiFuel Power, Inc. (“API”), based in Philadelphia, Pennsylvania, an early production stage hydrogen generation company, has announced new breakthroughs in its AlumiFuel powdered aluminum mixes for specific applications as a result of nanotechnology materials analysis made possible by its membership in Drexel University’s Nanotechnology Consortium and the resultant direct interaction with the Drexel Nanotechnology Institute (DNI).
As a member of the Drexel Nanotechnology Consortium, API has access to the world-class Central Research Facilities of Drexel University, including state-of-the-art analytical and imaging labs and a micro fabrication lab. The labs rely on a vast array of advanced equipment for electron microscopy, spectroscopy, x-ray diffraction, micro fabrication and other nanoscale functions.
The Drexel relationship has given API cutting edge capabilities to analyze, at the atomic level, pre- and post-reacted AlumiFuel powder mixtures and to observe small samples during the reaction. This technology allows for very precise observations of the fundamental chemical mechanisms that accelerate or decelerate the reaction, which will ultimately lead to more controllability and higher yields. API has processed dozens of images and spectrographs capturing the variety of crystal growth occurring during the reaction and also the shape, size and surface characteristics of the aluminum before the reaction
API’s Chief Technology Officer, Mr. John Boyle, a nationally renowned hydrogen expert, said, “These observations already have helped API tailor the size, shape and dispersion of AlumiFuel mixtures for various applications -- ranging from a rapid low temperature release of hydrogen for inflating weather balloons, to a slower steady release of hydrogen for fuel cells to generate electricity or a high temperature reaction to power steam turbines for underwater propulsion
As a result of this synergy, API and DNI are also collaborating in the pursuit of various Department of Defense R&D program opportunities, with DNI serving as a subcontractor to API on selected Small Business Technology Transfer and Small Business Innovative Research proposals.
API’s President & CEO, Mr. David Cade, said, “We are extremely fortunate to have such a close working relationship with Drexel Engineering. This has enabled API to more aggressively pursue our business plan as we commercialize our technology and penetrate our target markets.”
STRONG BUY!
Monday, July 6, 2009
Inhibiton Therapeutics Completes Name Change to AlumiFuel Power Corporation
Company to Begin Trading Under Symbol “AFPW” on OTC Bulletin Board at Market Open on July 6, 2009
Thursday, June 4, 2009
Press Release.
Inhibiton Therapeutics Inc. stockholders have approved a name change to AlumiFuel Power Corp., the company announced Thursday.
The renaming follows Centennial-based Inhibiton's acquisition of HPI Partners LLC and its subsidiary, AlumiFuel Power Inc.
"We believe given the immediate impact API will have on the company it makes sense to identify the public entity with that operating subsidiary to provide continuity for our shareholders, interested investors and the alternative energy community," Henry Fong, president of Inhibiton (OTCBB: IHBT), said last month when the proposed name change was announced.
"We are continuing to pursue our biotechnology research project; however, the board also intends to investigate strategic alternatives available to the company with respect to the two separate business divisions," Fong said then.
The company's symbol will change on the OTC Bulletin Board.
The purchase signaled that Inhibiton is branching out from its prior focus on biotechnology research on fighting cancer.
Inhibiton's all-stock deal for HPI Partners and AlumiFuel Power was worth $12 million, Inhibiton said when it was announced in December.
HPI and AlumiFuel are based in Philadelphia. AlumiFuel is an alternative-energy company seeking to commercialize a process for generating hydrogen gas and steam, to be used where onsite, on-demand fuel sources are needed.
The deal calls for members of HPI to receive up to $12 million of Inhibiton’s stock in exchange for all interest in HPI, including ownership of AlumiFuel, its intellectual property and business operations.
AlumiFuel processes generate hydrogen gas and steam, which drive fuel cells for backup and portable power, filling inflatable devices such as weather balloons.
Inhibiton Therapeutics Inc. stockholders have approved a name change to AlumiFuel Power Corp., the company announced Thursday.
The renaming follows Centennial-based Inhibiton's acquisition of HPI Partners LLC and its subsidiary, AlumiFuel Power Inc.
"We believe given the immediate impact API will have on the company it makes sense to identify the public entity with that operating subsidiary to provide continuity for our shareholders, interested investors and the alternative energy community," Henry Fong, president of Inhibiton (OTCBB: IHBT), said last month when the proposed name change was announced.
"We are continuing to pursue our biotechnology research project; however, the board also intends to investigate strategic alternatives available to the company with respect to the two separate business divisions," Fong said then.
The company's symbol will change on the OTC Bulletin Board.
The purchase signaled that Inhibiton is branching out from its prior focus on biotechnology research on fighting cancer.
Inhibiton's all-stock deal for HPI Partners and AlumiFuel Power was worth $12 million, Inhibiton said when it was announced in December.
HPI and AlumiFuel are based in Philadelphia. AlumiFuel is an alternative-energy company seeking to commercialize a process for generating hydrogen gas and steam, to be used where onsite, on-demand fuel sources are needed.
The deal calls for members of HPI to receive up to $12 million of Inhibiton’s stock in exchange for all interest in HPI, including ownership of AlumiFuel, its intellectual property and business operations.
AlumiFuel processes generate hydrogen gas and steam, which drive fuel cells for backup and portable power, filling inflatable devices such as weather balloons.
Sunday, May 17, 2009
Recent Headlines
Mon 4:13pm
IHBT.OB
INHIBITON THERAPEUTICS, INC. Files SEC form 10-K, Annual Report
Tue, May 12, 2009 • Inhibiton Therapeutics, Inc. Operating Subsidiary AlumiFuel Power, Inc. Announces New Website
Mon, May 11, 2009 • INHIBITON THERAPEUTICS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisitio
Wed, May 6, 2009 • Inhibiton closes on HPI Partners purchase
Mon 4:13pm
IHBT.OB
INHIBITON THERAPEUTICS, INC. Files SEC form 10-K, Annual Report
Tue, May 12, 2009 • Inhibiton Therapeutics, Inc. Operating Subsidiary AlumiFuel Power, Inc. Announces New Website
Mon, May 11, 2009 • INHIBITON THERAPEUTICS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisitio
Wed, May 6, 2009 • Inhibiton closes on HPI Partners purchase
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