AFC Working on Alltel Contract

The Philter
The Philter
The Philter

6:30 PM -- A quick blip from AFC's most recent 10-Q filing with the Securities and Exchange Commission (SEC), which was available online today:

Although Alltel continues to purchase products from us, our contract with them, which did not include purchase commitments, expired by its terms as of September 6, 2004. We are currently in negotiations with Alltel for a new sales and distribution contract, but can give no assurance if or when we will enter into a new contract.

— Phil Harvey, News Editor, Light Reading

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