I have been on site for the engineering since Friday and unfortunately I can't answer my calls. I understand that there have been some delays in news posting and on the opening of the website. I can assure you that everyone is working frantically to get things done as fast as possible.
All I can do is relay the info I get and push for results but unfortunately I have to rely on these professionals who - I can assure you - are working hard to keep any delays to a minimum.
Thank you for your understanding.
Alexander P. Cavasin, CEO alex*alcarchemicalsgroup.com (514) 402-3665
Posted by rickpic on :
for those who you who missed it! Here is the pR from 4/20/06 and its whats driven this IPO!
Alcar Chemicals Group's Proprietary EnviroEnergy Technology Receives Independent Evaluation at $85 Million USD 4/20/2006 9:00:04 AM MONTREAL, Apr 20, 2006 (MARKET WIRE via COMTEX) -- Alcar Chemical Group Inc. ( ACMG ) announces today the completion of an independent evaluation of its proprietary technology to produce plastic raw materials, Ethanol and Bio-Diesel based on renewable resources. The independent evaluation was performed by CLD and they have established the value at $85 million USD, translating into approximately $0.90 per share on a fully diluted basis.
"ACMG's proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel," said Alexander Cavasin, President and CEO of ACMG. "The yield output of our process alone will create immediate impact in our industry and we expect many more large multi-nationals to be adopting and licensing our technology over the coming months," further added Mr. Cavasin.
The proprietary technology developed by ACMG is a process, based on renewable natural resources, where it can use inexpensive non-food-crop and generic organic waste as feedstock, to produce plastic raw materials, ethanol and bio-diesel. ACMG's Process significantly reduces production cost and obtains yield rates that are significantly higher than the industry standard.
About The Alcar Group
The Alcar Group represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers, a growing shortage estimated to reach over 6 million tons in 2006. The market price for the materials in question vary between $1,000 and $3,000 per metric ton and the Alcar Group has developed a patented process and bioreactor which allow production at costs savings of up to 40% when compared to current production methods, translating in gross margins of over 50%. With the planned expansion, the AGI production process will reach a total capacity of 120,000 tons annually of economical and environmentally friendly materials for polymers.
The Alcar Group Inc. (AGI) develops innovative, patented methods for petroleum-independent fuel and plastics resin production (e.g. polyurethane) that significantly improve the offerings of its customers in the automotive, building products and recreational sectors. AGI operates three divisions, Alcar Advanced Materials Corp., which manufactures and distributes various proprietary non-petroleum-based plastics and coating systems, Alcar Advanced Energy Systems Corp., which will manufacture and distribute high-purity non-petroleum-based ethanol and diesel fuels and Alcar R&D, an advanced materials research and development center.
Posted by Nile on :
Its really good to have you back rick, freeing up some cash now!
Posted by rickpic on :
Thanks Nile! This one looks like a winner to me! I'm never sure, but it looks like the upside could be pretty sweet here!
Posted by rickpic on :
I caught a huge dip and grabbed this at .095 this AM but it looks like most of the fills are going through at .105 to .11 with the ask at .12 right now. If it breaks .125 to the upside it could run again. Any PR and its off to the races!
Posted by rickpic on :
It looks to me like investors are gathering up shares right here, in antisipation of a PR!
Posted by Nile on :
lucky...... scottrade hasnt cashed my check yet so I dont think I'll be able to jump on it today.... will this hold till tomorrow?
Posted by rickpic on :
without PR it will, and it may even dip a bit, but if PR comes I say no way it gets held back! Good luck Bob, I hope you get a few before the next run here!
Posted by Nile on :
bump
Posted by rickpic on :
PGPM news just out and it looks really good!
Posted by rickpic on :
PGPM was -9% when I posted it here and now its +18% nice run happening and ACMG is holding its own in a very red market. I have my eyes open for a PR from them.
Posted by rickpic on :
watching for news here! GLTA
Posted by jack85 on :
welcome back ric.
hope things are going well for you.
Posted by rickpic on :
thanks Jack! At least things are not worse! LOL
Posted by rickpic on :
major discount just set its self up here though! smae range as yesterdays discount right now!
Posted by rickpic on :
that .92 was a double bottom!
Posted by Nile on :
This looks like a great entry point
Posted by rickpic on :
good morning Bob, looks like it waited for ya! Still no PR, but its holding real well at this level!
Posted by rickpic on :
right back up off the .092 double bottom, just like yasterday! It's forming a very nice base right here! Bring on the PR!
Posted by Nile on :
Whats the pr going to be about, finacials?
Posted by rickpic on :
web site and an update on the technology I believe and its back to .105 x .11 nice
Posted by rickpic on :
we could even see a licencing agreement! Posted by rickpic on :
keep your eyes on CSUAE if it drops to the .03 range! Its been a little payday stock from that point!
Posted by rickpic on :
looks like green lights are coming here! They moved the bid back up again!
Posted by Nile on :
looks like csuae is getting there.... you going to start a thread?
Posted by rickpic on :
It has a thread I believe but no I wont start a new one! That was for those who choose to read this thread! Call it incentive!
Posted by Nile on :
nice.... are you still in this, acmg?
Posted by skipdeez on :
looks good. midland baring company. think NDOL and AURC. going in for some tomorrow.
Posted by Repoman75 on :
What is the share structure here?
Posted by skipdeez on :
98 mil o/s 26 mil float
Posted by rickpic on :
the structure is extremly small, when you concider the value of the pending patents and the push to add more ethenol to are gas and other fuil products! The company with the most cost effective production will be huge down the road, and at this point it looks like ACMG sits in that seat!
Posted by rickpic on :
with it sitting at .14 we have a market cap of $3.71m based on the float, backing a .90 per diluted share value! This is an IPO and has much to add to the mix over the following months.
Posted by Darkhawk on :
MONTREAL--(MARKET WIRE)--May 9, 2006 -- Alcar Chemicals Group Inc. (Other OTC:ACMG.PK - News) announces today that it has officially launched its new website at www.alcarchemicalsgroup.com. "Although not entirely finalized, we are happy to have the necessary information available for our shareholders, partners and customers," said Alexander Cavasin, President and CEO of Alcar Chemicals Group. "We are truly committed in providing all necessary documentation to all stake holders and allow everyone to make an informed decision about our company," further added Mr. Cavasin.
The company expects to update its website shortly to include the biographies of the officers and directors as well as details on its licensing programs.
Posted by jdg257 on :
anyone still in this??
I am hearing that they are sitting on some pretty big news, until then buy more at these bargain bin prices...
74 mil float...hot sector..great chart
Posted by jules on :
i'm also hearing rumours of good news ...not sure when it will be released exactly..but, i'm still holding my shares awaiting this supposed great news.
glta
Posted by anders19199 on :
looks like this stock has just about hit bottom . . . ill be buying soon
Posted by jdg257 on :
this is STRONG this morning
Posted by jdg257 on :
wait until the real news hits
Posted by Norene on :
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