All Energy Corp

(AFSE)

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Profile

All Energy Corp was incorporated on October 5, 1994, in the state of Delaware as Cable Group South, Inc. In November 1998, the Company changed its name to Softnet Industries, Inc., and in June 1999, the name was changed to ICrystal, Inc. In May 2007, the Company changed its name to ALL Fuels & Energy Company. With the condition of the ethanol industry becoming weakened over the past two years, the Company began to pursue certain ethanol-related opportunities through its Ethanol Group. However, it remains its goal to become a producer of ethanol and its co-products in the United States, that is, to become a producer of at least approximately 500 million gallons of ethanol annually. During the first quarter of 2010, the company identified at least three existing ethanol plants and is attempting to acquire it. 2008 and 2009 were years of stress for the ethanol industry. The ethanol industry continues its recovery from the period of historically-high oil prices occurring throughout most 2008. The industry recovery has been made more difficult by the recent downturn in the U.S. economy and the associated chaos in the national and international financial markets. In response to the ethanol industry's high-stress state during 2008, the Company created a business division known as "ALL Fuels Ethanol Group". In 2009, the Ethanol Group generated approximately $8,000 in revenues. Ethanol is marketed across the U.S. as a gasoline blend component that serves as a clean air additive, an octane enhancer and a renewable fuel resource. It is blended with gasoline as an oxygenate to help meet fuel emission standards, to improve gasoline performance by increasing octane levels and to extend fuel supplies. In the dry-mill process of converting corn into ethanol, each bushel of corn yields approximately 2.8 gallons of ethanol and approximately 18 pounds of distillers grains.

Contact Information

Website: www.allfuelsandenergy.com
Main Phone: +1 515 331-6509
Address: 6165 N.W. 86th Street
State: IA
City / Town: Johnston
Country: USA
Postal Code: 50131

Issuer Information

Exchange: CVEM
CEO: Dean E. Sukowatey
Employees: 1
NAICS: Ethyl Alcohol Manufacturing(325193)
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Company data no longer available
Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 0.04 52 Wk Low 0.01
Market Cap N/A Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 44,302,742.00 EPS (TTM) -0.06 PE Ratio N/A Exchange CV EM