posted
what about the 1400 to 1 reverse split? That means for every 1 million shares you'll get 714 measly shares.I have never had a reverse split work well unless i played it AFTER the split.
Posts: 712 | Registered: Mar 2006
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ASII just completed a R/S, R/M today WITH 100 million shares bought after the announcement. New symbol is ALCD. May be worth radaring.
Posts: 173 | From: NJ | Registered: Nov 2008
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pniks were updated and everyone has their shares I think the PR is ready to go now. I thikn they were waiting for the shares to get distributed to all the brokers and now thats done so lets see what shes got, beam me up scotty. good time to load up .
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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same with eeso its trading .02 and they turned down a .10 buyout and its going to be countered with a higher number two good pinks i think its not possible but we will see soon these are both supposed to PR in the next 7 days
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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I got this e mail today from Sylvian and it looks good buy now!!!!
Scott,
I know it doesn't look to good but it has been a process to get our correct information on pink sheets and i have been traveling a lot lately. i am currently in the middle east and will be back this weekend. I will start to post news on pink sheet next week for sure. I currently do not have with me the encryption key generator from pink sheet and this is why i was unable to post information this week. Again sorry for the delay and like i said to all the others we are bulding a company with a very clear strategy and plan and a week of so in delay is acceptable for us. I do know for you it is not the best and we do understand that.
Regards,
Sylvain
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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I won't have any news for you tomorrow but I would like to explain to you better our business which it will help you understand our amazing potential. We could be one of the fastest growing company in the world for the next 3 years. Our offering is required by legislation and we have almost no competition that we know off. Will talk next week.
Regards,
Sylvain
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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I won't have any news for you tomorrow but I would like to explain to you better our business which it will help you understand our amazing potential. We could be one of the fastest growing company in the world for the next 3 years. Our offering is required by legislation and we have almost no competition that we know off. Will talk next week.
Regards,
Sylvain
Jee-minee-kristmas...
On another thread, you say I'm bashing.
On the one hand, that's a pretty lame and horrible bash to concede I haven't even looked into the company.
lol, the point remains: For most peeps--and especially newbs--it's a strikingly poor DD decision to "call the company."
Much better to go off of filings or whatever else one can glean from public records...
-Website? The new web site has been in the work and should be available shortly. We know that information is very important and would like to have it available within the next 10 days.
-TWIC reader? ( is an acronym for Transportation Workers Identity Credential. This program was set by Department of Homeland Security Transportation Security Administration Transportation Threat Assessment and Credentialing Office). We have look at a reader from CoreStreet sometime ago. The reader and system is call the PIVMAN. I don't know to whom you spoke but most likely you spoke to a person in the CCTV department rather than port scanning service. Even if you spoke to the right person I am not sure if you would have get this information. The TWIC reader is not required for our market penetration strategy and our service offering is limited to the scanning of contianers. Our strategy is based on an international focus rather than domestic and the TWIC reader is required in the USA port. The Safe Port Act required that by July 1st, 2012 all the port around the world shipping containers to the USA will need to electronic inspect the containers for radiation and imagery provided by penetration scanning technology such a X-Ray and gamma ray. Therefore the demand for our unique service is coming from over 700 ports shipping the USA.
-Will there be any Diluting in the near or distant future? This is a question that I do not have a definite answer at this point. Any dilution has to be made to accept new investors or potential acquisitions and should increase the overall value of the company. In time, if such opportunity happen it will be consider.
-Why ASII for the R/M? ASII was brought to us by a consultant and we felt that it was going to answer our needs.
How many contracts are you currently working on? We are currently working on multiple contracts and we hope to be able to announce some of our progress during the month of May. For the scanning service the contract are very important for the shipping port and the involved country. Our service has to be able to maintain the supply chain flow. The negotiations involved many contributors from the different branch of the local government and private sector. They are normally for a period of 7 to 10 years. Our target ports contract required the port to have a volume of containers to be scan from 150,000 units to 2 million units per year.
-How do your Product Prices rate to others of the same type? What we are offering is unique at this point. We don't know any other company offering a total turnkey solution to ports allowing them to be fully compliant with the Safe Port Act. However our pricing strategy is been dictated by a fees that should not exceed 2% of the overall standard shipping cost of a container on a transatlantic journey. This was done a based on a survey to shipper and import/export brokers.
-How many US port directors have you contacted and what has been there attitude to your product? Our Scanning offering it is a service and not product sale. We have contact very few USA ports since our strategy is directed toward international markets. For the few we have contacted the reception was very good. However we feel that for now we will remain focus on our international market.
-Have you made any contacts with the government offices concerning your product and have you bid on any open Government contracts for port and border security? We are negotiating with different government for our services outside the USA. At this time limited contact in the USA have been done. This is due to many reasons. The countries that we are negotiating with, have not suffer as much as the USA from this economic crises. The decision process of these countries is much faster than the USA. The need to comply to the Safe Port Act reside on the shoulder of the shipping country and therefore the urgency of acting too.
-How much is your Yearly revenue or company worth, and how much will this change in the near future and long term future? One of the advantage or disadvantage of being public is that the market decide how much your company is worth. This is normally based on actual and projected revenues. However the information related to our revenues will be announced quarterly through the Pink sheets web site. For reference, when we sign a contract for the port scanning service it takes normally about 8 to 10 months for us to start to generate revenues ( manufacturing equipment, shipping, sometime chain flow required to be modified inside the port to accommodate the equipment and operation, installation, Testing). So the contract we hope to sign shortly for the port scanning service won bring revenues until 2010. Our company strategy is not one of short term and will require some patients from our share holders. For our other activities such as CCTV and GPS we should start to post revenues in our 3 quarter.
I hope this answers your questions even if I know that I cannot please everyone. I will always remain as open as possible and give you the most accurate information that we are allow to share for ethical, strategically and compliance reasons.
Safe Harbor Disclosure: This document includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward looking statements in this document are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Regards,
Sylvain Desrosiers CEO
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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Yes, I will be releasing another news this Wednesday(second PR) and then one the following Monday (third PR). Sorry for the confusion.
Sylvain
I have been posting daily e mail logs and phone conversations I haver had with the CEO Sylvain if youd like to check them out there on IHUB under ALCD or if youd like I can start posting them here too. let me know as I keep in touch with the CEO on a regular basis and today he calledme and assured me we are headed in the right direction
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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9101 W. Sahara Suite 105, Las Vegas, Nevada, 89117 Alco Advanced Technologies, Inc. Opens New Offices in Colombia, Ecuador and Plans to Open Offices in Brazil and Panama. LAS VEGAS, NV, May 6, 2009 – Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has opened offices in Bogota, Colombia, Guayaquil, Ecuador and will open offices in Brazil and Panama within the next 90 days. The offices will allow Alco to promote locally its Container Scanning Service, CCTV product line and is GPS asset tracking systems. “To be able to provide local sales and support is part of our market development strategy says Alberto Surijon Alco Latin America President”. Alco strategy includes participation to local exhibitions and conferences in local market. Alco participated in the Expo Defensa 2009 (Fare of Science and Technologies for Defense and Security) held at Expo Corferias in Bogota, Colombia on April 29 and 30, 2009. Betty Gracia Suarez Alco Colombia General Manager was very pleased with the Colombian response to the introduction of a new virtual reality training system for tactic and military training to the Colombian market. “We have been working hard to introduce our different services, products and systems the ports, police department, anti-drug enforcement, military and different branches of the Colombian government over the last 2 years. I project that Alco Colombia by the end of 2010 should generate gross revenues from its port scanning and our other products and services in excess of 30 million dollars per year; this over the next 7 to 10 years from the Colombian market. Alco is a strong name in Colombia and Latin America in general and our services and products are needed and well received”. Safe Harbor Statement: Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. SOURCE: Alco Advanced Technologies, Inc.
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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Alco Advanced Technologies, Inc. Enters Into a Distribution Agreement With American Lights in Bogota, Colombia Wednesday 05/20/2009 6:01 AM ET - Market Wire
Related Companies Symbol Last %Chg ALCD 0.088 46.67%
As of 10:40 AM ET 5/20/09 Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has successfully entered into a distribution agreement with American Lights, a Colombian security company located in Bogota, Colombia. The agreement is for three (3) years and valued at approximately 6.2 million dollars of Alco CCTV products. The first order will be shipped in June 2009. Ricardo Moscoso Aguirre, President of American Lights, is very confident that the Alco CCTV product line will be one of the dominant security product lines in Colombia within the next 3 years. "The Alco product line is very reliable and competitive, two qualities that are not found together in this market, and Alco has done a great job to supply us with what our customers want and need," said Mr. Aguirre. Alco has being working hard to develop the South American market for its products and services. "For Alco, the penetration and development of the Latin American market is a very important part our global strategy," said Sylvain Desrosiers, Alco Advanced Technologies CEO.
Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
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