Stay away from GWDL - same deal....

American Fire Retardant Corp.'s American Safety Products Announces Major GloveBox Development
Tuesday May 18, 9:15 am ET

SAN DIEGO--(BUSINESS WIRE)--May 18, 2004--American Fire Retardant Corp. (OTCBB:AFRT - News) announced today that AFRC and their American Safety Products division are in negotiations with PolyBrite International, a Goeken Group Company, and Westinghouse Lighting Corporation, who approached the company with a development and branding agreement early last month.

PolyBrite International is a wholly owned subsidiary of the Goeken Group, founded by John D. (Jack) Goeken, Chairman and CEO. Mr. Goeken is one of the country's most successful entrepreneurs, having built a reputation for founding successful companies. Those companies include MCI, FTD Mercury Network, Airfone, In-Flight Phone and Westinghouse Lighting Corporation. Westinghouse is a leading manufacturer and marketer of more than 5,000 products, including electrical products, light bulbs, lighting fixtures and ceiling fans and whose brand is recognized worldwide.

James Wheeler, Sales and Marketing Director of AFRC, said, "The management team for PolyBrite have expressed interest in contributing to areas of continuing development and also in marketing the GloveBox to their broad distribution network including food service, hospitality and convenience stores. AFRC and ASP anticipate final negotiations to conclude early next month and expect the new agreement with PolyBrite International and Westinghouse Lighting Corporation will help more effectively take the GloveBox to the global marketplace."

About American Fire Retardant Corp.

American Fire Retardant Corp. (OTCBB:AFRT - News), www.americanfireretardant.com, is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
Contact:

American Fire Retardant Corp.
James R. Wheeler, 619-258-3640
irafrc@aol.com

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American Fire Retardant Corp.'s American Safety Products Division and LCM Technologies Introduces the C.A.T.C.H.E.R.

SAN DIEGO, May 20, 2004 (BUSINESS WIRE) -- American Safety Products, a division of American Fire Retardant Corp. (AFRT), yesterday unveiled the C.A.T.C.H.E.R. at the GSE International Expo (Aviation Industry Week -- www.aviationindustryweek.com) in Las Vegas. Ira Tabankin, President of LCM Technologies, Inc, a division of American Safety Products, introduced the C.A.T.C.H.E.R. in a joint panel discussion with Northrop Grumman Corporation (NOC), ATS-Denver, Inc. and LCM Technologies.

The LCM C.A.T.C.H.E.R. (Communications And Telemetry Computing Handheld for Emergency Response) is the world's first "video-centric" command-and-control, portable wireless video and data device for security applications. Northrop Grumman showed their Alert Video technology and ATS-Denver demonstrated the GIS software package, both of which will run on the C.A.T.C.H.E.R. platform. The initial purpose of the device is to provide security at airports and other transportation centers with the ability to oversee the entire security system on a portable, hand-held device.

Mr. Tabankin began by saying "Cameras, cameras everywhere and not enough eyes to see." He stated, "This device gives you the security world in the palm of your hand, wherever you might be. What was once science fiction is now a reality." Tabankin said that the response to his presentation and the device was "overwhelming, and actually shocking would be a better description." Some of the other comments he heard were "Can this really be?" and "All of this in such a small package."

LCM Technologies is part of the new American Fire Retardant Corp. AFRC and its American Safety Products Inc. division are committed to bringing "Life Safety" products to market and preventing tragedy rather than reacting to it.

Stephen F. Owens, President of AFRC, said, "We look forward to sharing more about this important new technology in the near future as relationships can be documented and contracts completed." Mr. Owens concluded his remarks by adding, "LCM and the C.A.T.C.H.E.R. have added one more important piece in the commitment to the transformation and growth of American Fire Retardant Corp. and American Safety Products Inc."

Aviation Industry Week says, "In the past 100 years, the aviation industry has gone through periods of tremendous success and innovation, as well as periods of intense challenges. As we head into the next 100 years, we are faced with new challenges that require us to change the way we do business. Old methods no longer work. We need to think smarter and be more efficient in order to be successful."

About American Fire Retardant Corp.

American Fire Retardant Corp. (AFRT), www.americanfireretardant.com, is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.

SOURCE: American Fire Retardant Corp.

American Fire Retardant Corp.James R. Wheeler, 619-258-3640E-mail: irafrc@aol.com

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quote:

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Originally posted by WWJD-thru-me:
The product looks good. Might try to play it to make some money but a pig with lipstick on is still a pig. I wouldn't hold this overnight. IMO-DD-Debi

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quote:

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Originally posted by WWJD-thru-me:
The product looks good. Might try to play it to make some money but a pig with lipstick on is still a pig. I wouldn't hold this overnight. IMO-DD-Debi

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I know a lot of people lost money on this when AFRT or whatever their ticker was back then reverse split their stock, but now that there are less shares outstanding and less dilution, these shares should in theory be worth more, correct? Plus they have released news that appears to be good. I don't doubt that its high risk, but there is the possibility that these shares could be undervalued due to investor sentiment after the reverse split(s). They say don't get emotional with a stock you own. I think this applies whether you're inclined to love it or hate a stock. Hating it too much could deprive one of a great money making opportunity if the stock isn't bought at a good opportunity, and loving it too much could cause one to hold onto it too long and miss an exit that most would have seen. I'm daytrading AFRT, I'll hold it longer if things start looking up for this company and if they can give me reason to trust them.

-R

quote:

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Originally posted by Mainetrader:
I know a lot of people lost money on this when AFRT or whatever their ticker was back then reverse split their stock, but now that there are less shares outstanding and less dilution, these shares should in theory be worth more, correct? Plus they have released news that appears to be good. I don't doubt that its high risk, but there is the possibility that these shares could be undervalued due to investor sentiment after the reverse split(s). They say don't get emotional with a stock you own. I think this applies whether you're inclined to love it or hate a stock. Hating it too much could deprive one of a great money making opportunity if the stock isn't bought at a good opportunity, and loving it too much could cause one to hold onto it too long and miss an exit that most would have seen. I'm daytrading AFRT, I'll hold it longer if things start looking up for this company and if they can give me reason to trust them.

-R

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Well it wasn't the fact we lost money from R/s, 3 in under 2 years, it was after they did a reverse split they turn right around and issue more shares. The end product is they have as many shares as they did before the split. Thats what has pissed everyone off. Since they don't have to file reports, we never know untill its to late that they have re-issued new shares.

Further, when trust is given, it shouldn't be abused.

quote:

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Originally posted by Bob-on-the-golf-course:
Trust has to be earned, and this company has given no reason for us to put much trust in them, based on their past performance.

Further, when trust is given, it shouldn't be abused.

Bob

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It appears to me they were trying to finance something with stock issuance, they may have felt that without the R/S ownership would become too diluted after issuing more shares. If you look at their yahoo cash flow statement, they took in over $4 million in '03 by issuance of stock. I like to see investment made in the business, but I'm still not sure what they spent the $4 million on, has anyone done the DD on this? Did it go towards an executive golf course and porsches or product development?

American Fire Retardant Corp.'s American Safety Products Division and LCM Technologies Introduces the C.A.T.C.H.E.R.

***

Business Editors SAN DIEGO--(BUSINESS WIRE)--AFRT-- American Safety Products, a division of American Fire Retardant Corp. (OTCBB:AFRT), yesterday unveiled the C.A.T.C.H.E.R. at the GSE International Expo (Aviation Industry Week -- www.aviationindustryweek.com) in Las Vegas. Ira Tabankin, President of LCM Technologies, Inc, a division of American Safety Products, introduced the C.A.T.C.H.E.R. in a joint panel discussion with Northrop Grumman Corporation (NYSE:NOC), ATS-Denver, Inc. and LCM Technologies. The LCM C.A.T.C.H.E.R. (Communications And Telemetry Computing Handheld for Emergency Response) is the world's first "video-centric" command-and-control, portable wireless video and data device for security applications. Northrop Grumman showed their Alert Video technology and ATS-Denver demonstrated the GIS software package, both of which will run on the C.A.T.C.H.E.R. platform. The initial purpose of the device is to provide security at airports and other transportation centers with the ability to oversee the entire security system on a portable, hand-held device. Mr. Tabankin began by saying "Cameras, cameras everywhere and not enough eyes to see." He stated, "This device gives you the security world in the palm of your hand, wherever you might be. What was once science fiction is now a reality." Tabankin said that the response to his presentation and the device was "overwhelming, and actually shocking would be a better description." Some of the other comments he heard were "Can this really be?" and "All of this in such a small package." LCM Technologies is part of the new American Fire Retardant Corp. AFRC and its American Safety Products Inc. division are committed to bringing "Life Safety" products to market and preventing tragedy rather than reacting to it. Stephen F. Owens, President of AFRC, said, "We look forward to sharing more about this important new technology in the near future as relationships can be documented and contracts completed." Mr. Owens concluded his remarks by adding, "LCM and the C.A.T.C.H.E.R. have added one more important piece in the commitment to the transformation and growth of American Fire Retardant Corp. and American Safety Products Inc." Aviation Industry Week says, "In the past 100 years, the aviation industry has gone through periods of tremendous success and innovation, as well as periods of intense challenges. As we head into the next 100 years, we are faced with new challenges that require us to change the way we do business. Old methods no longer work. We need to think smarter and be more efficient in order to be successful." About American Fire Retardant Corp. American Fire Retardant Corp. (OTCBB:AFRT), www.americanfireretardant.com, is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. KEYWORD: NEVADA CALIFORNIA INDUSTRY KEYWORD: TRAVEL TRANSPORTATION LEGAL/LAW GOVERNMENT AEROSPACE/DEFENSE TRADESHOW PRODUCT SOURCE: American Fire Retardant Corp. CONTACT INFORMATION: American Fire Retardant Corp. James R. Wheeler, 619-258-3640 E-mail: irafrc@aol.com

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Due Da Due......But Be Quick About It!!!!!

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Originally posted by vado:
Yeah I got burned by AFRR now AFRT..
I remember when they did the test with the treesafe spray and the tree caught on fire.

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LOL, I'd love to read the PR about this tree catching on fire, that's as funny as Windows crashing as MSFT was demonstrating it to a large group of people! But look at MSFT's successes, I'm not counting AFRT out, I think they can do well in the future if their products are successful, but I AM watching my AFRT stock holdings--LIKE A HAWK!

-R