Alkaline Fuel Cell Power CEO Frank Carnevale joins Natalie Stoberman from the Proactive studio to discuss the company's announcement of its private placement offering.
Carnevale says AFCP is offering units of the company at a price of $0.06 per unit. The company intends to raise up to $1.2 million to use funds for acquisition capital, development capital for PWWR Flow Stream CHP projects and manufacturing capital for its wholly owned subsidiary Fuel Cell Power NV.