MONTREAL, Oct. 14, 2019 (GLOBE NEWSWIRE) -- Dinatrum/Alumifuel Power Corporation ("Dinatrum" or the "Company") (OTC Markets: AFPW), Mr. Pedro Villagran-Garcia, President & CEO, is pleased to announce an Update on its latest activities regarding the company’s financial situation. Recently Dinatrum mentioned in a Press Release that the company had improved its situation considerably since it was listed in the Stock Exchange year ago.
The Company has no plans for a Reverse Split in the foreseeable future. In addition, we would like to also mention that we don’t have any Debt Conversions. As it is commonly stated “No Toxic Debt and No Reverse Split”. Others like to state, “No Current Conversions”.
We have discussed the terms of the company’s financing, and the value of our shares in the stock market. We believe that Dinatrum could bring in revenue in a range between $5,000,000-$11,000,000 USD for 2020 and between $7,000,000-$13,000,000 USD in 2021.
Dinatrum has very interesting mergers and acquisitions in its Pipeline, we will obviously improve as our Corporate Development Department evolves and becomes more robust. The shifting tides in corporate development, mergers, and acquisitions have given way to an entirely new way of conceptualizing and enacting growth strategies. As organizations navigate an increasingly disrupted business landscape, the drivers impacting decision-making in corporate development have shifted rapidly in the past few years.
Just to mention the values of other “widely held” REIT’s we would like to mention that average industry P/E Ratio ranges from 30-105. We are also a Cannabis Industrial Real Estate Investor as we currently have begun to set a strong foot with some of our future new partners. We will provide additional numbers like “Valuation Multiples” as we discuss this with our closest advisors and industry liaisons.
Therefore, Dinatrum should be trading at much higher values. This can be based on the current multiples shown by several industry leaders that trade at higher altitudes and with P/E Ratios like the ones mentioned above.
During the week we will disclose more information regarding our Website Statistics. We are posting this because transparency is important, and our Shareholders must be informed of Real Estate Industry Facts, as several key shareholders have suggested.
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The Company’s name change, and new trading symbol will be effective in the Over-The-Counter Market when we comply with submitting the necessary paperwork and when FINRA has completed its review of the Company’s application to change its name.
DINATRUM, INC./ALUMIFUEL POWER CORPORATION
DINATRUM is a Real Estate Investment Trust with projects within North America.
On behalf of the Board,
“Pedro Villagran-Garcia”
Pedro Villagran-Garcia, President & CEO
Dinatrum
For further information, please contact the company at 1-438-988-1479 or by email at info@dinatrum.com
Forward Looking Statements
Certain information contained in this press release, including any information as to our strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, are forward-looking statements. The words "believe," "expect," "will," "anticipate," "contemplate," "target," "plan," "continue," "budget," "may," "intend," "estimate," "project" and similar expressions identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to its plans or operations. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the SEC which can be found at www.sec.gov. There may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.