SOURCE: AlumiFuel Power Corporation

AlumiFuel Power Corporation

February 25, 2014 07:00 ET

AlumiFuel Power Corp Announces the Depository Trust Company (DTC) Lifts Share Trading "Chill" Effective Immediately

CENTENNIAL, CO--(Marketwired - Feb 25, 2014) - AlumiFuel Power Corporation (OTCQB: AFPW), announced today that the Depository Trust Company (DTC) has confirmed through official communication to the Company, effective immediately, it has lifted the deposit transaction restriction "Chill" and has resumed accepting and processing deposits.

Excerpt from the official DTC Letter to the Company, "This letter is in response to your recent inquiries and submission regarding the deposit transaction restriction (the "Deposit Chill") on CUSIP 022201107 (the "Issue"), issued by AlumiFuel Power Corporation.

Please be advised that The Depository Trust Company has determined to lift the Deposit Chill and has resumed accepting deposits of the issue depository and book-entry transfer services."

Henry Fong, Chief Executive Officer of AlumiFuel Power Corporation stated, "This is great news and we are excited that the "Chill" has been removed. Our entire team, especially our legal and accounting teams, worked diligently on this matter, and we are thankful for the work they have done."

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact Information

  • Contact:
    Henry Fong
    CEO
    Alumifuel Power Corporation
    (561) 514-9042