Alumifuel Power Corporation (OTCMKTS:AFPW) Stock Jumps 25%: What’s The Buzz?

July 21, 2021July 30, 2021 Jon Williams AFPW, AFPW news, AFPW stock, Alumifuel Power Corporation (OTCMKTS:AFPW), OTCMKTS:AFPW

Yesterday Alumifuel Power Corporation (OTCMKTS:AFPW) made a key announcement with regards to its operations and that triggered a rally of as much as 25% in the company’s stock. Yesterday, the Chief Executive Officer and President of the company Pedro Villagran-Garcia announced that Alumifuel retained the services of Clear Trust LLD in the capacity of its new transfer agent.

Clear Trust is going to help the company in taking care of its regulatory obligations. The move seems to have come as a major source of optimism for shareholders and market participants and it can be gauged from the price action in the Alumifuel stock.

The company also noted that Clear Trust, in its role as the transfer agent, is also going to help the Alumifuel in its quest of being a Fully Reporting Issuer.

Clear Trust is going to perform the vital role of helping the company in furnishing reliable information so that the goal can be reached. Once this goal is reached, the company will again be eligible for listing on the OTC Markets and that is possibly the reason that investors are excited about the latest development. It might be the right time for investors to follow all the developments closely over the coming weeks.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.