AFPW .0007 ^40% NEWS & LOI All Content and Data

New Post Public Reply Private Reply Replies (0) Message Board
FLA
245
AFPW .0007 ^40% NEWS & LOI



All Content and Data provided by Third-Parties — Terms of Use
AlumiFuel Issues LOI for Meds R Us
MARKET WIRE 8:15 AM ET 3/9/2017
Symbol Last Price Change
AFPW 0.0007up +0.0002 (+40%)
QUOTES AS OF 10:03:39 AM ET 03/09/2017
CENTENNIAL, CO -- (Marketwired) -- 03/09/17 -- AlumiFuel Power Corporation(AFPW) ("AlumiFuel" or the "Company" today announced that it has issued a Letter of Intent to acquire SDNCMMC, Inc d/b/a Meds R Us, a medical marijuana dispensary in Vista, CA.

SDNCMMC, Inc. has been an alternative medicine practitioner since 2012 and distributes medical marijuana to customers in a comfortable, relaxed environment. As a first-rate cannabis dispensary in San Diego County, they specialize in offering high-grade medical marijuana. SDNCMMC, Inc., doing business as Meds R Us, has received over 106,000 hits on the popular marijuana directory, weedmaps.com. Meds R Us is rated 4.7 stars and has received 171 reviews on the site.

Under the terms of the LOI, current management of Meds R Us would be retained and enter into a five year employment contract with the goal of expanding Meds R Us to additional locations in states that have legalized medicinal uses of cannabis. Closing of the acquisition is subject to final due diligence, required regulatory and compliance approval, and completion of debt and equity financing.

About AlumiFuel Power Corporation(AFPW)

AlumiFuel, operating through its wholly owned subsidiaries, is transforming into a diversified holding company under new leadership and is expected to be renamed Phoenix Equity Holdings Corporation. The Company is exploring several revenue producing acquisition opportunities as it works to build a robust cash flow stream. AlumiFuel currently operates three divisions in the multi-billion dollar temporary staffing industry and holds patented technology for hydrogen generation through its wholly owned subsidiary, NovoFuel.

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 Corporation(AFPW)
641-715-3900 x385402

Source: AlumiFuel


























AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW AFPW
I ONLY POST WHAT I PLAY
Scroll down for more posts ▼

Top 10 Most Recent News Articles

TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 2

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
IWP and VYRE Unveil 'The Plug' for VBNGtv Content

Updated Category News Views 0

Bringing Capital and Content Under One Roof There's something in the air as Itibari-Waynne & Partners (IWP) team up with the VYRE Network to crank out a fresh slate of content for VYRE Business News Global (VBNGtv). This partnership ain't just another splash in the buzzy world of digital media; it's like merging Wall Street with Hollywood. IWP, prepping to go full...

Continue Reading
NYSE Texas Redefines the U.S. Capital Markets Landscape

Updated Category News Views 2

NYSE Texas: Carving a Niche The notion of 'Y'all Street' might seem like a gimmick, but NYSE Texas is pushing a serious agenda with its newly released white paper, 'NYSE Texas and the Reshaping of U.S. Capital Markets.' This is no small feat. Texas is already housing 235 NYSE-listed companies, boasting a colossal combined worth of $4.8 trillion. With 130 of these firms...

Continue Reading
Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 0

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
Community Banks Missing $106B Lending Opportunity?

Updated Category News Views 2

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...

Continue Reading
Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 4

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
Navigating Holiday Sweets: Healthy Balancing Acts

Updated Category News Views 0

In the middle of the sweet madness that is the holiday season, Crispy Green and Dr. Nicole Avena are playing guide to families drowning in sugar. This isn't just a once-a-year Halloween headache; we're starting that sugar spiral early and letting it ride until the New Year approaches. It's an all-hands-on-deck situation if families want to dodge that sugar overload. Why...

Continue Reading
Purina Institute Highlights Nutritional Science at WSAVA 2026

Updated Category News Views 3

A Global Stage for Pet Nutrition Science The folks over at the Purina Institute are back in the spotlight as they gear up to throw their weight behind the 51st World Small Animal Veterinary Association (WSAVA) Congress in Warsaw, Poland. Set for October 13-15, 2026, this isn’t just another event—they're bringing some serious clout with their 'Food for Thought'...

Continue Reading
ROKFORM’s Signal Card: A Wallet Tracker for All

Updated Category News Views 0

The Gadget You Didn't Know You Needed Ever feel that momentary panic when your wallet seems to have vanished into thin air? ROKFORM's fresh offering, the Signal Card, tackles that heart-stopping moment head-on. They've taken the mundane act of misplacing your wallet and transformed it with their sleek, credit-card-sized tracker. This baby pairs seamlessly with Apple Find...

Continue Reading
Pushing for National Liver Cancer Awareness in 2026

Updated Category News Views 0

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Continue Reading

Top 5 Most Recently Viewed Articles

Roger Williams University Cultivates Emerging Leaders in Construction

Updated Category News Views 260

Empowering Future Construction Leaders Roger Williams University (RWU) has proudly announced the selection of four exemplary students for the distinguished Shawmut Scholars program. This initiative reflects a strong collaboration between RWU and Shawmut Design and Construction, aimed at nurturing aspiring leaders in the construction field. By offering full-tuition...

Continue Reading
Allied Properties Sets $0.15 Per Unit Distribution for September

Updated Category News Views 87

Allied Properties Announces September 2024 Unit Distribution Allied Properties REIT has shared significant news about its distribution for September 2024. The company has declared a distribution of $0.15 per unit for all unitholders, translating into an impressive annualized rate of $1.80 per unit. This decision showcases Allied's ongoing dedication to its unitholders and...

Continue Reading
Westfield Specialty Insurance Achieves Significant Growth in H1

Updated Category News Views 177

Westfield Specialty Reports Impressive Growth in H1 Westfield Specialty continues to showcase its commitment to strategic growth, reporting a gross written premium (GWP) of $890 million in the first half of the year. With a combined ratio (CR) of 89.4 percent, the results reflect the company's dedication to achieving profitable growth through innovative initiatives....

Continue Reading
Understanding the Recent Decline of Innovative Industrial Properties

Updated Category News Views 295

Understanding the Recent Decline of Innovative Industrial Properties Shares of Innovative Industrial Properties, Inc. (NYSE: IIPR) have seen a significant drop recently, primarily due to unsettling news regarding one of its key tenants, PharmaCann. The company reported that PharmaCann defaulted on its rent obligations for six out of eleven leases, a situation that has...

Continue Reading
Analyst Ratings: A Bright Future for Penumbra and Others

Updated Category News Views 129

Exciting Analyst Initiations Highlighting Growth Potential Wall Street analysts have recently upgraded their views on several notable companies, indicating positive trajectories for their stocks. Here, we explore the latest initiations and what they mean for investors eager to understand the shifting landscape in the stock market. Firefly Aerospace Inc (NASDAQ: FLY)...

Continue Reading