U.S. Sustainable Energy Corp. to Acquire Controlling Interest in Alcar Chemicals Group, Inc.
Three Biomass Conversion Facilities Planned for Canada and a Plant With 275 Reactors Planned in USA
NATCHEZ, MS -- (MARKET WIRE) -- 12/06/06 -- U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) announced today that it has signed a memorandum of understanding to acquire a controlling interest in Alcar Chemicals Group, Inc. (PINKSHEETS: ACMG) (http://www.alcarchemicalsgroup.com)
John Rivera, CEO of USSE, stated, "We are very pleased to announce this preliminary milestone today. Alcar has totally unique and proprietary technologies that separate it from the very few competitors in the renewable natural resources and biofuels marketplace. Alcar utilizes the most advanced biomass conversion technology to manufacture plastic and polymer raw materials and biofuels from non-food crop as main feedstock. They will provide us with additional complementary technologies that will further lower our manufacturing costs and provide further economies of scale. We will now be able to offer Ethanol, Ethylene Glycol, Propylene Glycol, and Ethyl Ester (biodiesel) synthesized from ethanol and vegetable oil in addition to our existing suite of products, which include 7-3-7 organic fertilizer and unique biofuels derived from soy and corn.
Alcar will work closely with USSE to design and implement the reactors in both Canada and the USA. Furthermore, USSE will ensure that existing contracts in place at Alcar totaling 160 million dollars over five years will be fulfilled. USSE expects to issue approximately 5 million restricted shares of USSE and 5 million restricted shares of its subsidiary company, Sustainable Power Corp. (SPC), at the closing of the definitive agreement expected within the next two weeks.
About Alcar Chemicals Group
The Alcar Chemicals Group represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and biodiesel, allowing production at cost savings of up to 40% when compared to current production methods.
About U.S. Sustainable Energy
USSEC holds patent pending technology for a new breakthrough biofuel and carbon based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
Posted by bobcat88 on :
Nevermind, MM's wont let go of it. Damn NITE
Posted by driver4t4 on :
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 736285
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 490752
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy 100-Day Average Volume - 496011
Overall Average: 48% - Buy
Price Support Pivot Point Resistance
0.0620 0.0273 0.0573 0.0873
Posted by driver4t4 on :
just wait 1 or 2 weeks when everything is signed, will go up nicely, prolly have a steady increase until then, nice money changing hands.. Posted by bobcat88 on :
Some more news
MONTREAL -- (MARKET WIRE) -- 12/08/06 -- The following is a short update from Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG).
With yesterday's announcement on the MOU I signed you have been able to see that there are some major developments taking place. Although I am not in the position to reveal more details at the moment, I wanted to take a few minutes to reassure our valued shareholders that the envisioned agreement does represent an important milestone as it ensures the completion of the required financing without affecting operations. ACMG will remain a separate entity and its stock will remain in effect.
I promise you an update with more details next Wednesday.
Posted by bobcat88 on :
Follow up news..........
December 13, 2006 - 2:26 PM EST
Alcar Chemicals Group Announces MOU for Completion of Financing for First Plant and US Expansion The following is an announcement from Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG), on the signed MOU for completion of the financing of its first plant in Canada as well as the planned expansion into the US.
With the planned transaction ACMG will secure the financing for the first biomass conversion facility in Quebec, which will operate three reactors to fill the $160M contracts on hand, as well as an accelerated expansion into the US market. As announced last week, Dr. Cavasin, CEO of ACMG, signed a memorandum of understanding outlining an agreement for the acquisition of 60% of ACMG in a transaction with an overall worth in the vicinity of $300M. The closing of a definite agreement is foreseen within the next week and the details of the agreement will be provided once finalized. The agreement will not affect operations as ACMG will remain a separate entity and its stock will remain in effect; it does, however, represent an important milestone by guaranteeing the financing required for the first facility in Canada and for the expansion into the US market with a sizeable facility planned in Natchez, MS.
"The synergy created by combining the complementary technologies would ensure tremendous economical advantages to what could become the most advanced biomass conversion entity on the planet. I am very pleased with this preliminary milestone as a definite agreement will guarantee the financial backup required for the plant in Canada but also an accelerated timetable for our expansion plans in the US, with an initial production facility of 360M Gallons per annum in Natchez, planned to begin operations by the summer of 2008," said Dr. Cavasin. "The amounts of forestry and agricultural waste available in Natchez are simply mind-boggling and the new expansion project will put it to good use. Together, we will change the fuel industry as we know it forever, one waste pile at a time, improving the energy sector worldwide and with it, the environment our children will inherit from us," further added Dr. Cavasin.
"After having spent several weeks working on this agreement, I can only point out that selling controlling interest may be the most important, but also the best possible decision I ever made. This is a first step towards revolutionizing the fuel industry while providing a truly green, zero waste operation, for the benefit of the project, our shareholders and the environment," answered Dr. Cavasin when asked how he felt about handing control of the project.
Posted by driver4t4 on :
up 65%, wonder whats up..
Posted by driver4t4 on :
up 71%
Posted by driver4t4 on :
up 87.5%, sumtins up.
Posted by driver4t4 on :
post from hsm
back in at .042...
Sent By: shakerzzz Date: 1/25/2007 12:32:56 PM
from a friend >> WAIT TILL YOU SEE ACMG NEXT WEEK..
when you get time read news from dec 6..loi
next week they complete deal valued at 260 million which makes the buyouy near 2.25 a share..
Posted by driver4t4 on :
lots of activity on this one today..
Posted by bobcat88 on :
Hopefully news of the USSE deal is coming shortly. Been sitting on this way too long.
Posted by littlerichy on :
bobcat88... Dude you need to give USSE call, because the Dec. 6 2006 PR you are referring to didn't go through, I called them and USSE has decided that they "partnership, wasn't for them..."
U.S. Sustainable Energy Corporation 110 L.E. Barry Road Natchez, MS 39120
Phone: 601 446-8007 Fax: 601 446-8027
General Info/Comments: info*USSEC.us Career Information: careers*USSEC.us
I don't know what's up with this either, but I think it's gonna be somethin' gooooodddddd....
Cheers...
Posted by bobcat88 on :
BOOM! I'm out now at .115, 282%! Like I said, held on to this way too long. But I feel that it still has legs with this news. $2 share buy out?
Posted by casviper on :
why did you sell? do you think this will go to $2.00?
Posted by bobcat88 on :
To take profit, No idea if this will pan out on the $2, has had alot of small spikes and took it while I could.
Posted by uprightdeb on :
That would be very nice, don't you think?
Posted by Fuzzy1018 on :
huge eod coming imo .115/.12
Posted by Fuzzy1018 on :
.12/.125 now
Posted by Fuzzy1018 on :
.125/.13 very strong
Posted by Fuzzy1018 on :
.135/.14 new hod
Posted by njs300zx on :
I hope it holds here
Posted by Fuzzy1018 on :
.14/.145 we're on fire
Posted by lostone on :
man, i'm tempted to jump in.. but i don't wanna hold another bag.. what to do...
Posted by njs300zx on :
lets see .20 today
Posted by Fuzzy1018 on :
.14/.145 looking real good
Posted by lostone on :
i guess i'll watch .. i'm afraid it doesn't have enough support.. but the $2 potential is very tempting for a big run..
Posted by Homersbud on :
Nice! Missed my entry earlier this morning at 08, but jumped in at .12 and sold at .14 a couple mins later for a quick hit!
.135x.14 4x5
Posted by Fuzzy1018 on :
good time to pick up some before tom's gap imo
Posted by Homersbud on :
quote:Originally posted by Fuzzy1018: good time to pick up some before tom's gap imo
I should've! Oh well, nice close!
I'm not in, but I expect it to gap up tomorrow morning. Remember to take profits when you can!
Posted by njs300zx on :
good day lets see if it holds tommorrow
Posted by bobcat88 on :
Got back in at .10, some backfilling going on. looking for .15-16 today.
Posted by casviper on :
this ia real ugly this morning.... support at .10 if it falls below .10 than look for a nickel.
Posted by bobcat88 on :
Dang, falling like a lead baloon now.
Posted by hedfe on :
look for .06 to .07 for a bounce, 200 day moving average is support
Posted by casviper on :
boy I wish I sold. What a loss. We can forget $2.00... I guess we can forget .20 Maybe something will change.
Posted by uprightdeb on :
Alcar Chemicals Firms Up International Licensing Program
Feb 1, 2007 11:31:06 (ET)
MONTREAL, Feb 01, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today that it is firming up its international licensing program with intensified negotiations in South East Asia.
According to the company, Alcar Chemicals Group is being courted by a number of companies based in Europe, India and South East Asia to license its proprietary technology for the manufacturing of ethanol and polyols from biomass such as non-food crop as well as agricultural and forestry waste. Alcar Chemicals Group was asked to the negotiating table by an Asian licensor with plans for an initial four full scale ethanol plants in Thailand and Malaysia, where a vast amount of waste from sugar cane, rice and other fast growing crop still remain completely unutilized. The potential licensor plans the production of ethanol from cellulose under a licensing agreement using the proprietary technology developed by Alcar. In addition to licensing, the interest was expressed to participate in the funding process in order to accelerate the scale up engineering and implement the planned facilities.
"A select group of capital venture, technology funds and private investors from South East Asia have formed this consortium with whom I had initial contact several months ago and today, after a long evaluation period, have announced that they feel confident enough in our technology to finalize a proposal to license it," said Dr. Cavasin, CEO of Alcar Chemicals Group.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Posted by casviper on :
WTF!!!!
Posted by beechwood on :
My major concern with this is that it's a pink. Not bashing, but MM's have a field day trying to short this kinda stuff when it takes off. Watch your level II's at all times.
Posted by USFBRIAN on :
Hey if anyone has contact with the CEO please ask if he would like to attend a moderated answering session at my site. http://www.livestockchats.com. I currently pay $100.00 to affiliates per CEO who signs up for the service.Plus you get all of your questions answered from your CEO!
Thanks so much
Posted by TDOG on :
Alcar Chemicals Group Receives Competing Offer
MONTREAL, Feb 02, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc.
(PINKSHEETS: ACMG) announces today that it has received a competing offer from a
consortium located in South East Asia.
According to the company, Alcar Chemicals Group received a competing offer from
a consortium of private investors, technology fund and venture capital, further
to a recent due diligence process. The group has tabled a combined licensing and
financing offer which represents a far better offer for our shareholders with
terms and conditions which were presented to USSE and which they declined. The
agreements with the Asia fund are being pursued and the next milestone is
expected by mid-February.
"The strategic timing of this response shortly after our most recent
announcement about our developments with USSE is surprising but also very
exciting. It is a bona fide offer representing tremendous shareholder value.
Management is now reviewing this premium offer and we will be able to disclose
further details in a timely manner," said Dr. Cavasin, CEO of Alcar Chemicals
Group. "Evidently we opted to fully concentrate on this offer and, therefore,
all further negotiations with USSE have ceased," further added Dr. Cavasin.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market
opportunity due to a serious worldwide supply shortage of raw materials for
polymers as well as an increased requirement for ethanol and biodiesel. ACMG has
been concentrating on innovative methods for biomass (forestry waste,
agricultural waste and non-food crop) valorization for the past decade,
specifically petroleum-independent fuel and plastics resin production. Its
proprietary technology represents today's most economical and advanced
manufacturing process for plastic raw materials, ethanol and bio-diesel,
allowing production at cost savings of up to 40% when compared to current
production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical
facts are forward-looking statements, which contain our current expectations
about our future results. Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking statements by
using words such as "anticipates," "believes," "could," "expects," "intends,"
"may," "should" and other similar expressions. Although we believe that the
expectations reflected in all of our forward-looking statements are reasonable,
we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to
differ materially from those indicated in any forward-looking statements made by
us or on our behalf. Such factors include our limited operating history; our
need for significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and strategic
partners; our ability to achieve and maintain profitability; fluctuations in the
trading price and volume of our stock; competition from other providers of
similar products and services; and other unanticipated future events and
conditions.
Investor Contact:
Steven Sung
Steven*alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Group
CONTACT: mailto:Steven*alcarchemicalsgroup.com
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Oil and Gas
Chemicals:Plastics and fibers
Return to Headlines
Posted by njs300zx on :
Alcar Chemicals Group Receives Competing Offer 8:01a ET February 2, 2007 (Market Wire)
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today that it has received a competing offer from a consortium located in South East Asia.
According to the company, Alcar Chemicals Group received a competing offer from a consortium of private investors, technology fund and venture capital, further to a recent due diligence process. The group has tabled a combined licensing and financing offer which represents a far better offer for our shareholders with terms and conditions which were presented to USSE and which they declined. The agreements with the Asia fund are being pursued and the next milestone is expected by mid-February.
"The strategic timing of this response shortly after our most recent announcement about our developments with USSE is surprising but also very exciting. It is a bona fide offer representing tremendous shareholder value. Management is now reviewing this premium offer and we will be able to disclose further details in a timely manner," said Dr. Cavasin, CEO of Alcar Chemicals Group. "Evidently we opted to fully concentrate on this offer and, therefore, all further negotiations with USSE have ceased," further added Dr. Cavasin.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Investor Contact: Steven Sung Steven*alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Group
Posted by casviper on :
any reason for the non-movement of this stock??
Posted by casviper on :
does anyone know why this continues to fall???
Posted by njs300zx on :
Taking a dump today
Posted by casviper on :
Alcar Chemicals Group Progressing Towards Licensing Agreement in India
MONTREAL, Feb 05, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemical Group Inc. (PINKSHEETS: ACMG) announces today that it is working with Bajaj Hindusthan Ltd. towards a licensing agreement of its technology for the production of ethanol. According to the company, ACMG and BHL have begun work to optimise the process for ethanol production from by-products of the sugar manufacturing process to progress towards a multi-year and multi-site licensing agreement. The company expects to close this licensing agreement, estimated to increase ACMG annual revenues by $30 million US, on or before June 15, 2007.
With an annual production rate of 1.8M metric tons of sugar, Bajaj Hindusthan Ltd. is one of the most prominent sugar manufacturers in the world, a company with a strong environmental consciousness that is already valorizing its molasses using conventional technologies to produce 180K metric tons of ethanol per annum. BHL has ambitious plans to become the world leader in sugar, ethanol and bio-chemicals manufacturing using eco-friendly technologies. The company stated that an economically viable solution will be achieved within 4 to 6 months.
"This is an exciting and welcome development," stated Dr. Cavasin. "To be able to work with such an environmentally conscious company towards a licensing agreement of our technology is everything I could have hoped for as this truly demonstrates that economically viable ecological solutions are quickly becoming a reality even among the biggest corporations. The great potential deal for ACMG is a great step towards a clean planet for our children," further added Dr Cavasin.
It should also be noted that ACMG has received a competing bid from a South East Asia Consortium for the acquisition of the majority controlling interest of ACMG, the competing bid was set at a premium from the USSE offer, which represented approximately $2.00 per share. The company expects to disclose the name of the consortium and the offer once all terms and conditions have been established and a letter of intent signed. The letter of intent is expected to be executed on or before February 15, 2007.
Posted by njs300zx on :
Did someone just have fat fingers or did we drop 91%
Posted by TDOG on :
MONTREAL, Feb 06, 2007 (MARKET WIRE via COMTEX) -- Alexander P. Cavasin, CEO of Alcar Chemicals Group, Inc. (PINKSHEETS: ACMG), issues an update on the latest developments.
Facility -- we have had intensive negotiations concerning the acquisition of our new facility and our agent is presently preparing a final counter offer which, according to the latest indications, will be accepted.
Reactors -- we have weeded through the multiple offers for contracting the reactor manufacturing and have selected the firm. We expect to assign the contracts as soon as the financing is secured.
Contracts on hand -- we have now been able to set a new date and delivery schedule with A-M Polymers, set to begin in September 2007. This a mutually beneficial agreement as it will allow us the necessary time take the reactors online while A-M Polymers commissions the resin manufacturing plant which has fallen 3 months behind schedule.
Licensing -- we are actively working with several corporations who have been courting us for licensing of our technology. Our lab set-up to optimise our technology for use of by-products and wastes from the sugar manufacturing process as feedstock, undertaken as a development project with Bajaj Hindusthan Ltd., has sparked the interest of the SEA consortium. Our future partner has committed to participate in this optimization process by contributing half of the costs involved and has undertaken the necessary steps to transfer the funds this same week in order to accelerate the process.
Financing -- we will be releasing the details we are allowed to make public at this stage tomorrow to keep our shareholders updated on this exciting new development. An LOI is due to be signed on February 15th on location of the first ethanol site in Thailand.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Investor Contact:
Steven Sung
Steven*alcarchemicalsgroup.com
Posted by mrinos on :
Alcar's CEO Provides Clarification on South East Asia Offer
MONTREAL, Feb 07, 2007 (MARKET WIRE via COMTEX) -- Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG), issues an update on the acquisition offer received from the SEA consortium. "I believe the offer tabled by our future partner warrants immediate clarification of its terms and conditions," stated Dr. Cavasin. "In a nutshell, the presently proposed terms and conditions contained in the offer do represent an acquisition of controlling interests by the consortium at a valuation of US$2.05 per share," further added Dr. Cavasin.
According to the company, this partnership between the consortium and ACMG will require four 1M gal daily ethanol plants to be built and located in Thailand and Malaysia, immediately following the completion of the 1st Canadian plant and the scale up engineering, for which, under this offer, the required financing is being provided by the consortium. Although dilution will be kept at a minimum, the consortium will gain controlling interests of ACMG. In order to move the transaction forward, Dr. Cavasin has placed all of his shares into escrow pending the closing of the proposed offer.
The company states that it is now quickly moving towards completing the LOI, which is expected to be signed on February 15th, at which time all terms and conditions will be released accordingly.
Posted by casviper on :
falling like a rock. i guess this news is not good.
Posted by mrinos on :
could not find the latest messages on acmg. anyway, has to be up from here. retrace to 39 today....
Posted by mrinos on :
acmg at .038 bouncing back. good
Posted by casviper on :
I would like to know when we are going to receive our spin off shares.
Posted by mrinos on :
closed at .037. I remain optimistic.
Posted by mrinos on :
anyone else in this one??
Posted by casviper on :
unforunately, at a heavy loss.
Posted by lostone on :
I just got in it again.. it's good buy op right now, i strongly think.. ride the rollercoasters
Posted by lostone on :
looks like it's turning up.. bid moved up.. i hope they'll come out w/ a PR soon, they're due for one.. they got several issues to address..
Posted by lostone on :
YES!!!! we are moving up!!! seems like it's gonna be rollercoasters before more PR's .. i took advantage of it the other day and got in at .031 and out at.0375 .. it may do the same thing again, hopefully.. and this thing is oversold. .
Posted by Ripler on :
buy today at .03
Posted by lostone on :
moving up!! ask .0375 x bid .036
Posted by Ripler on :
let er rip!
Posted by Ripler on :
makin a good flip
Posted by mrinos on :
great, came back and saw it went up. glad I held
Posted by Ripler on :
my target is .06..cross da fingers lads
Posted by Ripler on :
anyone else have trouble sellin at .037?
Posted by lostone on :
bid .031 x .032 ask up again.. the volume is pretty good today too..
Posted by lostone on :
this is a dream come true for flippers guys!
Posted by lostone on :
.033 bid x .034 ask..
Posted by farmerboy on :
I might just grab some of this...Watching.
Posted by lostone on :
.035 now
Posted by lostone on :
the chart is having a pretty good initial setup, i think.. appreciate it if someone can post one
Posted by Ripler on :
yeah.. bought it at .03..tried to flip at .037.. no dice..looks good though aint gonna lie..
Posted by j160e on :
Nice close! The slow stochastic has just moved out of oversold. Got into this yesterday. Might really move if the definitive acquisition agreement closes. It's "scheduled" to happen by May 7th.
![[Big Grin]](biggrin.gif)