AlumiFuel Power Corporation (OTCPK:AFPW) acquired Owen Logistics, LLC for $0.08 million on June 16, 2017. Under the terms, AlumiFuel Power Corporation will issue 125 million restricted common shares as consideration for the acquisition and will issue an additional 125 million restricted common shares in 180 days if certain performance milestones are achieved. Management of Owen Logistics has agreed to a two year employment agreement. AlumiFuel Power Corporation (OTCPK:AFPW) completed the acquisition of Owen Logistics, LLC on June 16, 2017.