AFTC: Make That 7

In case you missed it, AFTC.PK revised their initial press release yesterday morning and the corrected version was actually much stronger than the original.

Announcement #1 noted that AFTC.PK expected to ship 4 DME fuel pumps to a Korean entity in 2008. The second release went on to note that the company has actually already shipped 7 pumps to Korean Institute for Energy Research. So, essentially the subsequent release was stronger in three key ways:

#1 The pumps were in fact shipped rather than being scheduled to ship in '08;
#2 The number of pumps relevant to the contract was 7 rather than 4;
#3 The end-user was identified as the Korean Institute for Energy Research versus "a Korean entity".

In my experience, a revised release usually means that the first one was too aggressive or potentially misleading, so it's great to see that management actually felt the need to make 3 changes for the better.

On another note, AFTC.PK recent updated their site with a detailed Q&A on DME. This is definitely worth a read! Another thing that will certainly be worth a read is our profile on AFTC.PK. Check back tomorrow morning for that, folks.