This is topic ACMG - $2.05 buyout on the table?? TBA on 2/15 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
"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.
HUUUUUGGEEEEE RUNNER INTO 2/15/2007 next Thursday Posted by casviper on :
doe this mean the shares will be valued at $2.05
Posted by njs300zx on :
quote:Originally posted by casviper: doe this mean the shares will be valued at $2.05
Haha I doubt it but it sure would be nice
Posted by casviper on :
we are moving again
Posted by bobcat88 on :
from Han2004fl at IH *** NEWS of interest ... I think this is why the deal is going to be signed.. and this makes sense about recent India contract.
ETHANOL IN INDIA - INFORMATION AND USEFUL LINKS
Fri, 9 February 2007 India imports nearly 70% of its annual crude petroleum requirement, which is appox. 110 million tons. The prices are in the range of US$ 50-70 per barrel, and the expenditure on crude purchase is in the range of Rs.1600 billion per year, impacting in a big way, the country's foreign exchange reserves.( Oil Prices touched a record high of $76 per barrel )
The petroleum industry now looks very committed to the use of ethanol as fuel, as it is expected to benefit sugarcane farmers as well as the oil industry in the long run. Ethanol (FUEL ETHANOL) can also be produced from wheat, corn, beet, sweet sorghum etc. Ethanol is one of the best tools to fight vehicular pollution, contains 35% oxygen that helps complete combustion of fuel and thus reduces harmful tailpipe emissions. It also reduces particulate emissions that pose a health hazard.
This website with an aim to promote the production of ethanol brings together all the information required (ETHANOL PLANT MACHINERY & TECHNOLOGY, PROJECT FINANCE, GOVT SCHEMES & APPROVALS FOR FUEL ETHANOL PLANTS , ETHANOL DISTILLATION, ETHANOL PRODUCTION, FERMENTATION, MOLECULAR SIEVE TECHNOLOGY , FUEL ETHANOL PLANTS COMMISSIONED.) for the ethanol producer. Plans to set up an online ethanol marketplace connecting buyers and suppliers.
=========
SUGAR INDUSTRY PERSPECTIVE & ETHANOL PRODUCTION
India is the largest producer of sugar in the world. In terms of sugarcane production, India and Brazil are almost equally placed. In Brazil, out of the total cane available for crushing, 45% goes for sugar production and 55% for the production of ethanol directly from sugarcane juice. This gives the sugar industry in Brazil an additional flexibility to adjust its sugar production keeping in view the sugar price in the international market as nearly 40% of the sugar output is exported.
The annual projected growth rate in the area under sugarcane at 1.5% per annum has doubled during the last five years. This is because it is considered to be an assured cash crop with good returns to the farmers vis-a-vis other competing crops.
India is currently passing through a glut situation with closing stocks at the end of the year of over 100 lakh tons since 1999-2000. Correspondingly, molasses production has also increased. The table below gives the production of molasses, alcohol utilization by the alcohol-based chemical industry, potable sector and the surplus at the end of each year. It is therefore evident that along with sugarcane production, phenomenal growth is also taking place in the production of molasses, the basic raw material for the production of ethanol from sugarcane. Of course, there are also other agro routes available to produce ethanol.
According to MPNG, 5% ethanol blends on an all-India basis would require 500 million liters. The current availability of molasses and alcohol would be adequate to meet this requirement after fully meeting the requirement of the chemical industry and potable sectors.
AVAILABILITY
In the absence of a well knit policy in the past for purchasing and blending ethanol, not many distilleries have been producing ethanol. Only three distilleries attached to sugar mills had war years’ experience, and were able to gear themselves up to supply ethanol immediately. Now, about 11 factories in Uttar Pradesh will be adding facilities to produce about 75 million liters of anhydrous alcohol by end-September; 7 units in Tamil Nadu (production capacity of 62.5 million liters of anhydrous alcohol); 8 in Karnataka (anhydrous alcohol production capacity of 66.5 million liters); and 4 units in Andhra Pradesh (capacity of over 40 million liters). Similar steps have also be taken up by the cooperative sector units in Maharashtra, Punjab and UP. By the end of the year it is estimated that about 300 million liters capacity would have been created for the production of anhydrous alcohol.
As capacities are built up, the oil sector should also be able to generate that much demand for ethanol to guard against any idling capacity. The Petroleum Ministry may therefore like to look into this matter and ensure that the oil sector speeds up the creation of requisite facilities for blending ethanol with petrol. So far generation of demand for ethanol has been very low and it takes considerable time for IOC’s units to finalize purchase of ethanol against offers made by distilleries in response to their tenders.
In the Indian Sugar Mill Association, this matter was recently examined and it was concluded that instead of taking up the scheme on a state-wise basis, it would be appropriate to take it up in metropolitan and other cities where environmental pollution is a major concern. The blending should be taken up to 10% and introduced selectively to make a better impact on the environment, as no changes in the engine or carburetor are required, and other countries are already carrying this out successfully.
COST There is considerable scope for further reduction in the cost of production of both sugarcane and sugar in India with liberalization of controls on the sugar industry. Consolidation of land holdings and corporate farming on the raw material side and expansion of capacity on the unit size are important developments and would lead to substantial improvements in productivity, thereby rendering India a cost-effective producer of sugar in the world.
The area under sugarcane is presently less than 2% of total cultivable area in the country and about 3% of the irrigated area. There is considerable scope for increasing the area under sugarcane considering the fact that it is more profitable compared to other crops. The Planning Commission has visualized a conservative increase in area under sugarcane by 6 lakh hectares during the 10th Plan period, but considering past trends, the area under cane is likely to exceed 5 million hectares (see table).
During the 10th Plan period, the annual incremental growth in consumption has been estimated at 9 lakh tons per annum. For the first time the Indian Government has fixed a target of 15 lakh tons per annum for export for this period. However, the production target was fixed at 21.3 million tons keeping in view the large carry forward stocks at the beginning of the period and to correct the demand-supply distortions presently caused. These targets are achievable looking at the performance of the industry in the past with a production of 18.5 million tons achieved in 2000-01.
CONCLUSION
In conclusion, the sugar industry will not be lacking in meeting the requirement of ethanol. In a market economy, there would be a considerable shift from the gur and khandsari sectors which are inefficient producers with poor quality. In the current scenario of glut in sugar production, it may be advisable to divert such additional cane for the production of alcohol after meeting the sweetener requirement. The additional availability of alcohol on the assumption that the entire cane is utilized for the production of sweeteners will be about 200 million liters over and above that indicated in the table. Alternatively, if additional cane available is utilized for the production of alcohol to bring in a balance in the demand and supply of sugar, the alcohoI production at the end of the 10th Plan would be around 1,485 million liters. Such a flexibility has become very relevant in the current scenario of economy liberalization and more particularly as a means to correct the aberrations in sugar production.
Posted by roiresearch on :
It will rally HUGE once the LOI is signed on 2/15
But the stock should start going back up after the sell off from .145 when the news first started circulating a few days back
Posted by casviper on :
This is old news but I'm watching MLXO closely.
Michelex, Corp. Hires NY Investment Banking Firm JH Darbie & Co. Inc. to Complete the Purchase of AGPro Soybean Processing and Oil Assets as Well as to Fuel Anticipated Ramp Up in Business
MASSENA, N.Y., Jan 25, 2007 (*********wire via COMTEX) -- Michelex Corp. (Pink Sheets:MLXO) ("Michelex" or the "Company"), a plastic manufacturing company with its offices in Utah, and an audio record production group located in New York announced today that it has signed an Exclusive Investment Banking agreement with JH Darbie, located 99 Wall Street New York, to arrange financing for up to $5 million, in order to consummate the purchase of the AGPro soybean crushing and soybean oil refining assets located at Massena, New York in St. Lawrence County. JH Darbie has stated several factors that lend insight toward their confidence in carrying out this raise, geared to enable Michelex to enter the rapidly growing soybean oil refining and processing business. The soybean market has been bolstered primarily due to recent trans-fat replacement regulations, as well as momentum towards alternative fuel and increased demand for Bio-diesel. St. Lawrence County is an ideal location for operating a Soybean Processing Plant as it provides among the lowest electrical power cost in the country; St Lawrence County has readily available farmland, and enjoys proximity to the country's largest East Coast population. Thomas Gramuglia, Chief Executive Officer of Michelex also commented from its head quarters in Utah; "Sales in our plastics business continue to ramp up nicely now that we have eliminated our debt to Wells Fargo Business Credit. We are also excited about our Plastics' Business Outlook for 2007, and share JH Darbie's enthusiasm for value driven opportunities."
Posted by roiresearch on :
Pushing .09 now
Posted by roiresearch on :
Testing a dime
Posted by casviper on :
ON FIRE!!! ITS ABOUT TIME!!!!
Posted by a surfer on :
quote:Originally posted by cassity: Got some at .10!
Me too...man you are like my friggin shadow...LOL
J/K
Posted by casviper on :
come on dollar.... ok, maybe I'm rushing it, but I can dream...
Posted by madmoney on :
got some at .085 soon as i sold RGNO, unsettled funds so i CANT sell till next tues/wed? wednsday i think!. hope it works out!! looking good so far.
Posted by cassity on :
quote:Originally posted by a surfer:
quote:Originally posted by cassity: Got some at .10!
Me too...man you are like my friggin shadow...LOL
J/K
Great minds think alike! LOL
Posted by cassity on :
This is the last 5 PR's from the company. I've been reading a lot about this and I extremely excited.
This is the latest PR and from my understanding the CEO is the one with the current controlling interest in the company. This last PR states that this SEA Consortium wants to have the controlling interest in the company.("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.) (They want the technology this company controls) The way I understand them being able to do this is to buy 51% of the total shares. The CEO currently owns 51% of the shares now, so they would have to issue a small amount more to be able to have enough shares, without the CEO giving up his. He is going to place all of his shares in an escrow in the meantime. The company stated the current offer is for $2.05 per share. According to the company they will have the final offer out on February 15th(Thursday). If an LOI comes out and states they will be buying our shares for $2.05, this will sky rocket. This is just my take on the current events. I recommend visiting the company website and reading a little...TRULY AMAZING!
CURRENT SHARE STRUCTURE: Outstanding Shares: 98.000,000 as of 2005-04-21
Estimated Market Cap: Not Available Float: 26,000,000 as of 2006-04-21
ACMG -- Alcar Chemicals Group, Inc. (The) Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
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.
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 biodiesel, 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: Chemicals:Plastics and fibers Energy and Utilities:Oil and Gas Energy and Utilities:Alternative Energy Chemicals:Specialty Chemicals
Search for Dun & Bradstreet reports on this company.
Posted by jos_tul on :
From ihub
Posted by: Dr Wonderful In reply to: None Date:2/9/2007 7:48:16 PM Post #of 4147
Is the $2 per share real? I'm thinking about getting in on Monday. What are the thoughts on this?
Posted by: grantg2 In reply to: Dr Wonderful who wrote msg# 4099 Date: 2/9/2007 8:29:29 PM Post #
DrW... YOU will not see anything near $2/share for ACMG you buy for a dime now...
YOU need to learn how to read everything that has been said about the Asian business VC funding being brought to this deal...
They are contributing the equivalent of $2.05 a share to BUILD producing assets!
Whether the market will value that in the stock price BEFORE ACMG proves it can deliver FIRST in Canada, and then move on to the Asian plant builds/starts IS ANOTHER matter entirely!
IF ACMG is not delivering on the promised potential once funding is provided, the PPS is not going to move on up... and if is does, it will not be in a steady climb to $2 & above.
JMO...
Posted by: snow In reply to: grantg2 who wrote msg# 4103 Date: 2/10/2007 2:48:57 AM Post #
What do you mean?
They are contributing the equivalent of $2.05 a share to BUILD producing assets!
Posted by: grantg2 In reply to: snow who wrote msg# 4108 Date:2/10/2007 3:09:54 AM Post #of 4145
IT means JUST what it says...
contributing money to build plants will not translate rapidly to the PPS in equivalent value amounting to $2.05...
obviously NOT all the plants will instantly appear & not a one will be up and producing revenue immediately...
until ACMG has the Canadian plant up and going, proving the ability to deliver... and until the others are funded & coming online in Asia, the price of ACMG will rise in increments reflecting
current accomplishment and expectation of future success...
the stock has the ability to run up and drop back in some large swings early on...
and as more plants and revenues come into being, the swings will get tighter and the price will move higher.
IF you think it will rise to $2 and hold that PPS anytime soon, you are in for disappointment... the market is NOT going to take the Asian VC money and put it into your pocket! Patience to hold... or good TA skills to flip when opportune to do so... will make money. But the dime is not going to become $2 on Thursday and stay there or move higher from there...
JMO...
Posted by cassity on :
jos_tul, This is direct quote from the PR. "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".
I personally do not think that it is to hard to figure out. NOBODY knows the exact terms of this agreement, but on Feb. 15, they will disclose all of the details. This was my understanding of the information available to us. GN
Posted by cpeed on :
The way I read it, is that the company is aquiring a Controling interest in the company. This generally means they will be buying between 20% and 50% of the the stock. But, companys can still buy less than 20% and have a controlling interest by guaranteed ROI, or providing management ect..
So, it does not like they are buying the entire company, just a controlling interest
Posted by tmanfromtexas on :
MONTREAL--(MARKET WIRE)--Jan 31, 2007 -- Alcar Chemical Group Inc. (Other OTC:ACMG.PK - News) announces today that it is continuing talks with US Sustainable Energy Corp. for the acquisition of controlling interest in Alcar Chemicals Group Inc. to proceed towards a US expansion for an estimated USD $280 million, representing approximately $2.00 per share.
This may be why the poster at Ihub stated what they did.
This was their deal with USSE. That of course fell through but read the last line. 280mm for expansion that equates to $2.00 a share. The SEA group may be doing the same thing. Providing financing for a share of the pie. The financing is worth 2 bucks a share. That doesnt mean they are paying 2 bucks a share. IMO. Are they playing loose with PR's to confuse share holders? Do they have a lousy PR writer? dunno. I guess we will find out the 15th. TMAN...
Posted by a surfer on :
bid ask creeping up
.1x.11
Posted by a surfer on :
.12x.13!!!!!!!!!!!!!!!!!!!!!
Posted by njs300zx on :
looking good today
Posted by a surfer on :
yes it is!
Posted by a surfer on :
.14 40%!!!!
Posted by a surfer on :
Looking solid here!! .14x.145!!
Posted by a surfer on :
.16!!!!!!!!!
helloooooooo!!!!
Posted by casviper on :
HOT HOT HOT
Posted by a surfer on :
DROPPING..
Its going to go back up IMO.
.145 45%
Posted by SherriT on :
Should've waited on the retrace, oh well, still in Posted by SherriT on :
Personally, I think this should get up to around .30 or so unless some news comes out ahead of the 15th. It's been steadily going higher...
Posted by a surfer on :
Holding its own very well!!
Good one here IMO. 45%
Posted by a surfer on :
This is a holder for me. At least till tomorrow. lol
close IMO at .15 or above
Posted by SherriT on :
I think this will be a holder through Wednesday, then it could go either way....depends on how high it gets between now and then.
Posted by a surfer on :
At .15 again!!
till thurs AM IMO sherri.
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 a surfer on :
.15 close!!!! 50%
Posted by SherriT on :
quote:Originally posted by a surfer: At .15 again!!
till thurs AM IMO sherri.
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
Yeah, gut says the terms of the LOI will be favorable since they PRd the valuation. My concern with it being a penny stock is the LOI coming out pre-market Thursday and it being a dud. You will likely still be able to sell out quickly, BUT Wednesday afternoon should be a safe exit. Might leave a chunk on the table, but profit is profit (that was my reasoning anyway - not saying my greedy behind will follow that rationalization!)
Posted by a surfer on :
Yo Comprende!!!!
Posted by roiresearch on :
if it gaps tomorrow, sell (IMHO)
glad i finally had 2 back to back great buys with big gains in a week or so (ARFR was the other) -
Posted by cassity on :
quote:Originally posted by roiresearch: if it gaps tomorrow, sell (IMHO)
glad i finally had 2 back to back great buys with big gains in a week or so (ARFR was the other) -
This will gap huge tomorrow, but I think this will run all week...IMO
Posted by roiresearch on :
Hope you are right, but I'll settle with my gain so far
in around .08
Posted by a surfer on :
quote:Originally posted by roiresearch: Hope you are right, but I'll settle with my gain so far
in around .08
Thanks for the heads up Fri. roire!!!
In at .10 fri. EOD.. Up 50%.
I do think we move up tomorrow.
Posted by a surfer on :
.15X.155 2x1
Looking good!!
Posted by roiresearch on :
briefly saw .15 x .16
Will my premonition be right?
Posted by cassity on :
Things are lining up very nicely on L2's....BOOOM!
Posted by casviper on :
any predictions??? .20 .30 ????
Posted by a surfer on :
quote:Originally posted by roiresearch: briefly saw .15 x .16
Will my premonition be right?
What was it again???
Posted by roiresearch on :
got some p/m volume - course my screener is not showing what px these trades are at
Posted by a surfer on :
Pre market transactions at .155
3 * 20k 2 * 10k
Posted by a surfer on :
hmmm.. I think its a bluff not selling here
Posted by cassity on :
NEWS OUT:
ACMG -- Alcar Chemicals Group, Inc. (The) Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Alcar Chemicals Group Announces Its Scientific Advisory Board
MONTREAL, Feb 13, 2007 (MARKET WIRE via COMTEX) -- The following is an announcement of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) on the company's new Scientific Advisory Board. ACMG is proud to announce its newly formed Scientific Advisory Board which came into effect on February 2nd, 2007. The board adds to a combined experience of over 100 years in their respective fields and covers every discipline required for the scale up engineering, planning, construction and commissioning of the planned full size ethanol facilities.
The members of ACMG's Scientific Advisory Board are: Alexander P. Cavasin, PhD, with over 20 years of experience in development and commercialization of new technologies; Donald Pepin, P. Eng, with 40 years of experience in the implementation of chemical processing plants; his specialties include mechanical engineering, automation and chemical processing; Evgeny Stefoglo, PhD, with 30 years of experience in chemical reactions; his specialties include catalytic reactions; Martin Beaulieu, PhD, with over 20 years of experience in chemical reactions; his specialties include enzyme development and treatment as well as development of chemical processing plants.
"I will be travelling extensively over the next two weeks to meet our future partners and continue our progress towards licensing," said Dr. Cavasin. "This team will ensure the success with both the scale up engineering and the licensing program for which the technology will be adapted, as we are concentrating on Bajaj Hindusthan Ltd. as well as one of the world's largest PET producers, to ensure the use of sugar cane and its processing by-products will yield maximum efficiency," further added Dr. Cavasin.
The company expects to release the terms and conditions of the letter of intent with the consortium on February 16, 2007.
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 f orward-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:
Posted by cassity on :
Bid building!!
Posted by cassity on :
Here we go!!
Posted by a surfer on :
The company expects to release the terms and conditions of the letter of intent with the consortium on February 16, 2007
Posted by cassity on :
quote:Originally posted by a surfer: The company expects to release the terms and conditions of the letter of intent with the consortium on February 16, 2007
Don't forget this part...
"I will be travelling extensively over the next two weeks to meet our future partners and continue our progress towards licensing,"
DONE DEAL!
Posted by cassity on :
3X2 wall at .145 is falling!
Posted by casviper on :
why the selloff??
Posted by cassity on :
4X2 YEA!
Posted by SherriT on :
I'm sticking by my .30 before the EOD Friday assuming the LOI does come out....
Posted by cassity on :
Yea, NITE being his usual POS self! Trying to control everything! Still 4X2 on L2's! Gotta go to class. GLTA
Posted by a surfer on :
holding its own today.. .145
Posted by SherriT on :
Wouldn't be unusual to have a slow day since it has been going up steadily for several...
Posted by casviper on :
holding .14 to .145. Maybe it will break through this afternoon.
Posted by a surfer on :
YUP MOVING NOW!!!!!!!!!!
Posted by SherriT on :
Very nice...hope we might see .17 or more today.
Posted by a surfer on :
.16!!!!!!!!! HOD!!!! Looking good!
Posted by roiresearch on :
Solid finish at high of day
Tomorrow should be the interesting day
my premonition did not happen today (major gap / my sell signal), so i am still holding
maybe tomorrow with the strong close this afternoon at .16
Posted by a surfer on :
geez! today was a good day for so many ACMG, USSE, BRVO, RGNO and others.. wtf, i had to pick today to go out.. =\
Posted by a surfer on :
you can get em today lostone!!
ACMG - ALCARD CHEMICALS GRP (OTC)
Date Open High Low Last Change Volume % Change 02/13/07 0.1550 0.1600 0.1350 0.1599 +0.0099 7227400 +6.60%
Composite Indicator Trend Spotter TM Buy
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 Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 4458365
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2377124
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1380014
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1599 0.1266 0.1516 0.1766
Posted by roiresearch on :
curious how the next 45 minutes turn out
Posted by a surfer on :
quote:Originally posted by lostone: geez! today was a good day for so many ACMG, USSE, BRVO, RGNO and others.. wtf, i had to pick today to go out.. =\
cherck out RGNO lost!!!!.20 ask!!! Posted by a surfer on :
Going smooth here!!
Posted by a surfer on :
.165-.17
Posted by a surfer on :
.18!!!!!
Posted by a surfer on :
just a qiuck retrace IMO
Posted by a surfer on :
holding its own at .175
Posted by SherriT on :
Very nice - I got stuck in a meeting from the open until now....maybe we will get to that .20 by EOD.
Posted by a surfer on :
I hope we get that EOD push like we have seen the past few days. .19 to.20 would be great!!
Posted by SherriT on :
Not our usual strong close, but still higher highs and higher lows. I'll take that Posted by a surfer on :
Yup!!
Posted by roiresearch on :
My only fear with this buyout is what happened to a lot of us with JPHC - resticted stock deal
I took my 103% gain today
Although my gain could be much greater if I hold and this deal is pure $$$, but I do not trust announcements of buyouts like this current one without the fear of getting restricted stock.
Wishing you all good luck going into the LOI announcement!!!!!!! Posted by a surfer on :
quote:Originally posted by roiresearch: My only fear with this buyout is what happened to a lot of us with JPHC - resticted stock deal
I took my 103% gain today
Although my gain could be much greater if I hold and this deal is pure $$$, but I do not trust announcements of buyouts like this current one without the fear of getting restricted stock.
Wishing you all good luck going into the LOI announcement!!!!!!!
Great Job Roire.
I agree with you 100%. IMO its time to at least take your capital off the table here.
I didn't get in till .10 so my debate is whether to sell off my capital and gamble or sell all.
I will decide after open this morning.
Posted by SherriT on :
Looks like the selloff has started....I'm out. Congrats all!
Posted by roiresearch on :
weakness before the announcement
Probably after the bell today or before the open tomorrow
Posted by casviper on :
any bets on where this will go???
Posted by casviper on :
its plunging like a fucin rock!
Posted by casviper on :
Does anyone know when the PR is going to be released today? Low volume so far today.
Posted by casviper on :
No PR today. I hope this doesn't mean bad news. I think this will crash on Tuesday due to the lack of the promised PR which was due out today. Oh well, its just another pinky.
Posted by lostone on :
Alcar Chemicals Signs Acquisition Offer With South East Asian Consortium 9:31a ET February 20, 2007 (Market Wire) Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today the signing of a Letter of Intent with the South East Asia consortium outlining the offer for the acquisition of the controlling interest of Alcar Chemicals Group Inc. for the consideration of $2.05 per share.
According to the company, Dr. Cavasin is presently in Thailand, where he has finalized the remaining details and signed the LOI outlining the terms and conditions for the acquisition of the controlling interest of ACMG by the SEA consortium for an overall consideration of $2.05 per share. The consideration of $2.05 per share represents a total investment of $282 million to be made by the South East Asia consortium for (55%) fifty five percent ownership.
The company stated that the letter of intent specifies an immediate cash investment of $7.2M dollars, which will be utilized to complete the Canadian plant and for the scale up engineering.
The company expects a definitive agreement shortly, whereby the initial funds will be placed into escrow and released on closing of said agreement. Upon the signature of a definitive agreement, the name of the South East Asia group will be released as well as Dr. Cavasin's shares will also be placed into escrow and released according to milestones over a four year period. The milestones will include but are not limited to the construction and operation of (4) four full scale plants.
Posted by lostone on :
man.. it crashed..
Posted by casviper on :
I'm not understanding why a company would buy the available shares for 2.05 and those that are freely trading are not going up?
Posted by SherriT on :
probably the definitive agreement part
Posted by lostone on :
the volume looks pretty good.. i hope we'll be back in the .14's later..
Posted by lostone on :
starting to climb back up..
Posted by casviper on :
Am I missing something???
Posted by cottonjim on :
Is that a trick question? OK, let me guess, your car keys... No the remote control... no wait, your wallet. Am I getting warm? Posted by casviper on :
WHAT
Posted by cottonjim on :
never mind, just playing.
Posted by lostone on :
we need that strong PR about now..
Posted by lostone on :
anyone else still in this?!?
Posted by lostone on :
i doubled down at .091 .. looks like it's starting to move.. come on baby!!
Posted by njs300zx on :
I'm still here with 10k shares. let see a run. I've been playing WHKA this morning though
Posted by lostone on :
MOVING ON UP!!!
Posted by cassity on :
BIG NEWS!!!
ACMG -- Alcar Chemicals Group, Inc. (The) Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Alcar Chemicals Group Inc. Announces Details of Acquisition Offer by the South East Asia Consortium, Named Siam Renewable Energy Group Ltd.
MONTREAL, Feb 22, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today the details contained in the Letter of Intent for the acquisition of a controlling interest by Siam Renewable Energy Group Ltd, signed in Thailand by the companies on February 16, 2007. According to the company, the LOI contains the finalized terms and conditions for the gradual acquisition of 55% of the company by Siam Renewable Energy Group Ltd. in exchange for the investment required to build the company's initial polyol plant in Canada to fulfill its existing $160 million contractual commitments and to implement a minimum of four full scale ethanol plants with a projected capacity of 1M gal per day each.
The LOI includes milestones involving the investment, disbursements of funds, construction of the plants as well as provisions for the return to Dr Cavasin of his shares now held in escrow and the coinciding issuance of restricted shares to Siam Renewable Energy Group Ltd.
The company stated that the agreement specifies an initial investment by Siam Renewable Energy Group Ltd of $7.2 million dollars to complete the company's Canadian plant and scale up engineering.
The initial investment will be made in the form of a convertible loan, which can be converted at a price of $1.00 per share for a total of 7.2 million shares carrying a two year restriction. Under the convertible loan, no payment on principal and or interest will be required for a period of 24 months and the loan will automatically convert upon the completion of the Canadian plant and scale up engineering.
In addition, Siam Renewable Energy Group Ltd. is granted 7.2 million purchase warrants on each of the four following years for which the exercise prices are shown in the table below. Siam Renewable Energy Group Ltd will receive Dr Cavasin's 68 million shares now placed in escrow as security to the convertible loan and said shares will be returned to him over the next four year period as milestones towards the implementation of the four ethanol plants are met.
The total investment planned as per the letter of intent is $282 million, which includes the financing of the first of four ethanol plants to be constructed by Alcar.
The issuance of a proportional amount of restricted shares to Siam Renewable Energy Group Ltd will reflect the final structure under which Siam Renewable Energy Group Ltd will own 55% of the company's outstanding shares, which will coincide with each milestone related to the release of Dr Cavasin's shares.
The following table demonstrates how the overall value of $2.05 per share is calculated with the structure agreed upon under this agreement.
Present 2008 2009 2010 2011 PPS paid (investment + warrants) $1 $1.5 $3.5 $5 $10 Total Net Projected Investment $282M Total amount of shares acquired 36M shares Total amount of shares to be issued 101.5M shares Final share count held by investor 137.5M shares Overall consideration paid per share $2.05 Supporting calculus 282/137.5=2.05
Table: Projected investment structure and value. The company anticipates the initial trench of investment funds will shortly be placed in escrow and that a definite agreement reflecting the terms and conditions outlined in the LOI will be signed within the next few weeks.
About Siam Renewable Energy Group Ltd.
The Siam Renewable Energy Group Ltd. is a privately owned corporation formed by an environmentally conscious consortium of technology funds, private investors and venture capitalists to implement renewable solutions across South East Asia by filling the constantly increasing demand for energy with environmentally sound technologies such as the one offered by Alcar.
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 IR*alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Group
CONTACT: mailto:IR*alcarchemicalsgroup.com
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Energy and Utilities:Oil and Gas Chemicals:Plastics
Posted by tompom on :
in at .11
Posted by casviper on :
I still don't get this. If anyone can explain, please do.
Posted by tompom on :
i can´t... sold again
Posted by njs300zx on :
this thing should be moving up a little instead of down
Posted by casviper on :
one would think, thats why I'm questioning if I'm missing something.
Posted by casviper on :
This thing is TANKING. TITANIC!!
Posted by casviper on :
Hard to believe that this was .185 five days ago. I guess its going back to .02 (its 52 wk low)
Posted by njs300zx on :
I believe patients on this one will payoff hopefully
Posted by casviper on :
I don'y understand why anyone would be selling which leave dilution as the other answer to this fall. However, they are purchasing 55% of the stock so wouldn't that leave a limited amount of shares to trade?
Posted by a surfer on :
quote:Originally posted by casviper: Hard to believe that this was .185 five days ago. I guess its going back to .02 (its 52 wk low)
Sounds like a half off sale....
Posted by lostone on :
damn.. wtf ..
Posted by njs300zx on :
up 14% whats going on
Posted by njs300zx on :
Not a bad open
Posted by a surfer on :
BIG NEWS!!!!!!!!!!!!!
Alcar Chemicals Group Reaches Important Milestone With a Consolidated Contract Worth $160 Million USD Monday February 26, 10:19 am ET
MONTREAL--(MARKET WIRE)--Feb 26, 2007 -- Alcar Chemicals Group Inc. (Other OTC:ACMG.PK - News) announces today that it has reached an important milestone by consolidating the two contracts with A-M Polymers into a single contract worth $160M over a five year period and automatically renewable. ADVERTISEMENT
The company stated that Alcar Chemicals Group has reviewed its two contracts with A-M polymers for raw materials and licensing of its polymer formulation technology and consolidated these into one single contract worth $160 million USD or $32 million USD dollars per annum for a period of five years. According to the company the contract outlines a new delivery schedule starting in September of the current year.
"A-M Polymers is presently building their first resin manufacturing plant which will be ready in August. We are very pleased with the signed contract and are highly confident that we will be able to meet the newly established delivery schedule," said Dr. Cavasin, CEO of Alcar Chemicals Group. "With the cash injection guaranteed by Siam Renewable Energy Group Ltd., which we expect to be finalized very shortly, our initial plant will remain on schedule and we will be able to fulfil our contractual obligations," further added Dr Cavasin.
The company recently announced the signing of a letter of intent with the Siam Renewable Energy Group Ltd., a South East Asia Consortium for the acquisition of a controlling interest of the company with a total investment of $282 million USD, which includes an immediate funding of $7.2 million to complete the Canadian plant and the required scale-up engineering.
About The Alcar Group
The Alcar Chemicals Group (Other OTC:ACMG.PK - News) 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.
Contact: Investor Contact: Steven Sung IR*alcarchemicalsgroup.com
-------------------------------------------------------------------------------- Source: Alcar Chemicals Group
Posted by a surfer on :
thats a serious contract!!
Posted by a surfer on :
this should be at .25
Posted by njs300zx on :
Sweet!!!!!
Posted by a surfer on :
good entry point here.
Posted by casviper on :
I said it once and I will say it again I don't understand this stock. Why won't it GO UP??
Posted by njs300zx on :
We're up a little bit but not what I would expect to see.
Posted by casviper on :
Alcar Chemicals Group Releases Financial Projections Highlighting Over USD 1.4 Billion in Revenues Within Five Years
MONTREAL, Feb 28, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) has now released its revised financial projections. The company stated that it has released its updated financial projections available with the revised business plan, downloadable through the company's website. The new pro-forma financials outline the projected future performance, expected to reach nearly one and a half billion dollars in yearly revenues by 2011, made possible through the injection of 282 million dollars by Siam Renewable Energy Group, which is acquiring 55% of the company. The website also contains a thorough update of the company's FAQ section. Shareholders are encouraged to visit the updated website and examine the presented information, designed to answer all relevant questions.
Siam Renewable Energy Group has released an initial amount for engineering prior to the signing of a definite agreement to accelerate the maximizing of process efficiency towards the use of by-products from sugar manufacturing as feedstock. The optimization targets Bajaj Hindusthan and M&G Group, both corporations manufacturing from sugar cane and with whom the company envisions long term licensing agreements.
"With the funds now in escrow and a definite agreement to be signed on or before March 21st 2007, we have taken the proverbial bull by the horns and have assigned the contracts for the construction of four reactors," said Dr Cavasin. "Only three reactors were planned, but an additional reactor will initially be used to prove the viability and economics of our process when used for ethanol synthesis and will later be switched to polyols production to insure the quantities of our contractual obligations will be met without delays," further added Dr Cavasin. The company stated that, after some unforeseen delays have slowed the auditing process, its audited financials will be finalized and made available very shortly. The company expects to be in the position to apply for and advance to the NASD OTCBB and or NASDAQ Small Cap within the current year.
Posted by casviper on :
Good News. Stock goes down. Same old news. WFT!!!!!
Posted by a surfer on :
$1,500,000,000 by 2011!!!!!!!!!!!!!!!
wow.
Posted by lostone on :
doesn't seem to budge the PPS =\
Posted by njs300zx on :
Good news seems to make this stock go down haha. Maybe we should push for bad news.
Posted by lostone on :
actually, i think news like "projections" and nothing solid causes it to go down..
Posted by njs300zx on :
Down again haha
Posted by lostone on :
yep.. gonna be another boring day..
Posted by casviper on :
unbelievable. I guess they will plunge this to nothing do a reverse split and fck us in the azz.
Posted by njs300zx on :
taking a beating today uh?
Posted by casviper on :
unfukin believable!!!
Posted by mrinos on :
It broke the 50 day moving average but seemed to resist gravitating to the 200 day moving average (.05) so it may pop tomorrow. look for a white candle and then jump in.. that is what I am going to do anyway.
Posted by njs300zx on :
I hope so haha
Posted by casviper on :
This stock is getting played. The corsortium is buying the shares and the prices listed in and above pr. So this whole thing makes no sense. I see a penny before a see a dime. And a reverse split more than likely and thats how we are going to get to those pr stock prices.
Posted by mrinos on :
well hope you are not in it then. There are plenty more stocks to play.
Posted by casviper on :
she continues to fall.
Posted by njs300zx on :
this thing is sinking faster then the Titanic did
Posted by casviper on :
sa I said on Monday....unfukin believable!!!
Posted by casviper on :
the company has to be doing something behind the scenes to cause this fall. their isn't enough shares to be causing such a fall. Maybe this needs a SEC investigation.
Posted by njs300zx on :
Nice open this morning
Posted by casviper on :
its already fallen. I just download a complaint form with the SEC. I truely believe there is something wrong here. I'm going to see what happens today. I might file a formal complaint against the company tomorrow morning.
Posted by casviper on :
This is totally unexpectable. I've decided to file a formal complaint against ACMG with the SEC on Monday. Let's see what happens.
Posted by njs300zx on :
ACMG(.05) Official Communiqué From Bajaj Hindusthan Ltd.
Bajaj Hindusthan Ltd. (BOMBAY: BSE) releases this official statement for and through Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) concerning present work and future plans.
Following the confusion created by a misunderstanding in internal communications, Bajaj Hindusthan Ltd (BHL) would like to clarify its relations with ACMG through this official communiqué.
BHL has in fact had discussions with ACMG regarding a possible future licensing agreement since early January of the current year. These discussions have been followed by the signing of a confidentiality agreement after which they intensified towards the process of setting up an optimization project to maximize efficiency when using the entire sugar cane plant. For obvious reasons we will not disclose the details and the end-products envisioned through this optimization we can, however, confirm that these optimizations are being undertaken by ACMG completely free of charge to BHL. Following discussions between our GM of BHL's Chemical Division, who also represented Bajaj eco-tec products ltd. during these talks, BHL will in return agree to let ACMG share the results with few select companies outside India that are using sugar cane as feedstock in their process after mutual consent with BHL.
This is not a guarantee, expressed or implied, that BHL and ACMG will be consummating any agreement in any way or form, this is a confirmation that BHL is working closely with ACMG pursuant to a possible future licensing agreement, or any other possible proposals that BHL will see fit at any given time.
About Bajaj Hindusthan Ltd.
Bajaj Hindusthan Ltd is a leading manufacturer from India of Sugar from sugar cane and also produces ethanol from sugar juice waste and Company has large quantity of sugar cane waste available for value addition.
About Alcar Chemicals Group Inc.
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.
good news out, i am trying to buy here, should run up and should be alot higher when the interview date comes on april 2.
here is the news:
MONTREAL, Mar 15, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc.(PINKSHEETS:ACMG) announces today that its CEO will be interviewed live on ***.
According to the company, Dr. Cavasin, founder and current CEO of ACMG, will be conducting an interview with *** to be aired live on April 2nd at 12:45 PM central time. Dr. Cavasin assured that he will elaborate on the topics of interest expressed by his shareholders such as who the new partners are and what some of the new projects will entice and what they will bring to ACMG; he will elaborateon the new company structure as well as topics such as what the company is undertaking to counter the naked shorting of its stock which has been eroding shareholder's value.
Dr. Cavasin has taken the feedback and questions from various discussion groups formed by his shareholders and will address these in the interview. Please log on to www.***.com on April 2nd 12:45 PM central time.About Alcar Chemicals Group Inc.
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant marketopportunitydue 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 StatementsAll statements in this news release that are other than statements of historicalfactsare forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks anduncertainties.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,wecan 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 todiffermaterially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; ourneedfor significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategicpartners;our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers ofsimilarproducts and services; and other unanticipated future events and conditions.Investor Contact:
Steven SungIR*alcarchemicalsgroup.comSOURCE: Alcar Chemicals Group
CONTACT: mailto:IR*alcarchemicalsgroup.comCopyright 2007 Market Wire, All rights reserved.
-0-SUBJECT CODE: Energy and Utilities:Oil and Gas
Chemicals:Plastics and fibersSource: Comtex Wall Street News
Posted by superman7 on :
getting big buys....looking to break the .041 HOD, after that it should turn green imo
Posted by njs300zx on :
This thing is a POS. Everytime decent news comes out it goes down Haha
Posted by superman7 on :
well its moving now
.041(3) by .043(1)
Posted by superman7 on :
45(2) by 47(1)
moving, reversal is taking place now, and on april 2nd there will be a tv interview which should push the price on that day up. this should steadily move up until then imo
nice chart
Posted by superman7 on :
475 by 48
i think we close at or over .05 today
should be a good week next week imo
Posted by superman7 on :
52(2) by 53(1)
Posted by superman7 on :
very nice close!!
huge buys into close!!
something is definatly up!!
should be good for monday!!
closed at .058 up 57% on the day
hope some got in
have a good weekend all!
Posted by kt325ci on :
today was awesome. I started buying yesterday and loaded the boat this afternoon with an .037 average
I dumped XTMS and ATLJ and made myself some green.
Posted by tompom on :
NEWS
Alcar Chemicals Group and Siam Renewable Energy Group Announce Signing of Definitive Acquisition Agreement Mar 19, 2007 10:12:00 AM
MONTREAL -- (MARKET WIRE) -- 03/19/07 -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announced today that Siam Renewable Energy Group Ltd has approved and signed the definitive agreement to acquire the controlling interests of ACMG.
According to the company, the definitive agreement was finalized and signed today in Singapore, whereby the Siam Renewable Energy Group Ltd. acquires 55% of the company for a total investment of $282M, a value of over $2 per share.
According to the company, the agreement specifies the following:
-- Siam Renewable Energy Group Ltd. will inject a total amount of USD $282 million dollars for a total of 137.5 million restricted shares. The first amount of 7.2 million dollars, subscribed as a convertible loan at $1 per share, will go towards the building and start-up of the first plant in Canada, to insure ACMG will be able to meet its contractual obligations, as well as the scale up engineering. The loan bares no interests and no repayment modalities for twenty-four months but will be automatically converted into 7.2 million shares baring a two-year restriction upon completion of the Canadian plant, expected for end of August 2007.
-- Warrants are expected to be executed for each of the following four years, in April 2008 7.2 million restricted shares at $1.50 per share, in March 2009 7.2 million restricted shares at $3.50 per share, in February 2010 7.2 million restricted shares at $5 per share and in January 2011 7.2 million restricted shares at $10 per share, these amounts corresponding to the cash input scheduled within the business plan for the projected expansion of ACMG's ethanol production in South East Asia.
-- In addition, Siam Renewable Energy Group will complete the forecasted financing of the ethanol facilities for a predetermined fixed amount of shares. The agreement defines that in March 2008 Siam Renewable Energy Group will return 17 million shares to Dr Cavasin from his shares held as security and will invest USD $65 million dollars to receive 30 million shares baring a two year restriction. In February 2009, Siam Renewable Energy Group will return an additional 17 million shares to Dr Cavasin, always from his shares held as security and invest USD $39 million dollars to receive 25 million shares baring a two year restriction. In January 2010, Siam Renewable Energy Group will return an additional 17 million shares to Dr Cavasin and invest USD $27 million dollars to receive 25 million shares baring a two year restriction. Upon completion of the third plant and beginning of construction of the fourth ethanol facility, foreseen for December 2010, Siam Renewable Energy Group will return 11.5 million shares to Dr. Cavasin from the remaining shares held as security and the balance of 5.5 million shares will be transferred to Siam Renewable Energy Group which will receive an additional 16 million shares baring a two year restriction issued to them at that time.
-- With the singing of the agreement Dr. Cavasin's resignation as CEO of ACMG and his new position at Siam Renewable Energy Group as COO and Director of Operations becomes effective. The transition is expected no later than by March 27th 2007. ACMG will be restructured according to a most recent plan now being finalized and which will be announced shortly.
-- Following the four year expansion plan proposed by Siam Renewable Energy Group, ACMG will be operating five plants in Canada and South East Asia for which present management and shareholders in the float will hold 45% and Siam Renewable Energy Group will hold 55%.
-- A final clause added and approved by the two Boards of Directors specifies that Siam Renewable Energy Group will acquire up to 30 million shares in the open market to a maximum of $1.00 per share and said "buy back" is to begin immediately.
-- The definitive agreement is schedule to close on or before May 7, 2007.
Siam Renewable Energy Group Ltd is an International Business Corporation formed by Private Investors who started different technology funds and venture capital groups active in the energy sector since the early nineties. The successful group will make the information for fund transfers available to ACMG shareholders through their lawyers. All relevant information will be available online at http://www.alcarchemicalsgroup.com/press-room.asp?sec=press_ shortly.
About Alcar Chemicals Group Inc.
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 todays 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 IR*alcarchemicalsgroup.com
Posted by tompom on :
hot now! .073 x .074
Posted by a surfer on :
its gonna go big today!
Posted by tompom on :
quote:Originally posted by a surfer: its gonna go big today!
grabbed some at .06 Posted by a surfer on :
damn..tom!!! .078 here.
we should see .10 short term!
.088 ask!!!!
wooohhoooo
Posted by tompom on :
printing .088 now ! hehe
Posted by a surfer on :
walking it down on buys.
Posted by a surfer on :
oh yea!!! LOL getting THIN!! .09!
Posted by a surfer on :
.094
Posted by tompom on :
mm´s are in shock lol
Posted by RichBy26 on :
trading all around the B and A??? I'm in, hoping for .15:)
Posted by RichBy26 on :
what's up with these trades above and below the ask? Are my L2's messed up?
Posted by a surfer on :
quote:Originally posted by RichBy26: what's up with these trades above and below the ask? Are my L2's messed up?
I thought the same thing Rich!!
Posted by RichBy26 on :
wonder who the new CEO will be? Also, we might get a new symbol during the restructuring. This could run like USSE did when they got their new symbol!!!!
Posted by tompom on :
the mm´s locked the bid and ask happens once in a while, a good sign imo! however, my sell at .094 got hit, i´m out geez,i hate these pennystocks lol
Posted by farmerboy on :
Sure is weird trading... I'm out to. Wait for the dip...grab more. It is a pink!
Posted by kt325ci on :
I'm thinking we break .10 at some point today
Posted by RichBy26 on :
.10!!!!!
Posted by RichBy26 on :
thin to .12!
Posted by Fuzzy1018 on :
real strong, should become more interesting after lunch today imo
Posted by Fuzzy1018 on :
HOD getting hit again now
Posted by kt325ci on :
Really great consolidation after the initial pop this morning. All time record volume and appoaching 26 mil so far.
Posted by a surfer on :
if you review all the 911 trades it has dropped thereafter.
Posted by RichBy26 on :
I noticed that Surf
Posted by RichBy26 on :
another 911 trade...
Let's hope we close around .10 or higher!!
Posted by RichBy26 on :
four 911 trades in 5 min, what's that code for?
Posted by a surfer on :
.095 X .099!!!
Come on HOD close!
Posted by Fuzzy1018 on :
nice; will gap up nice in the am imo
Posted by RichBy26 on :
looks like they're trying to keep the lid on this...
Posted by a surfer on :
.105 on the ask
Posted by Fuzzy1018 on :
wow nice dip load up on imo .071 now
Posted by Fuzzy1018 on :
big bid support at .07; .073/.074 now
Posted by JAMESSPORT on :
was at .09 yesterday. Bid taking a pounding !
Posted by Fuzzy1018 on :
not sure whats happening here
Posted by Fuzzy1018 on :
looks like it has found the bottom for today, look for it to go back up by eod imo
Posted by Fuzzy1018 on :
NEWS !
MONTREAL, Mar 21, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc.(PINKSHEETS:ACMG) releases the news today that its acquiring partner, Siam Renewable Energy Group Ltd, has finalized the company's restructuring plan.The company stated that, pursuant to the finalization of the acquisition agreement and the hiring of Dr Cavasin as COO of acquiring partner Siam Renewable Energy Group Ltd., ACMG will be restructured into two companies. ACMG Inc. (for Alcar Chemicals Manufacturing Group), will remain in effect as the operating company synthesizing ethanol, polyols and sweeteners from renewable natural resources and bio-waste. ARTL Inc. (for Alcar Renewable Technology Licensor)will be dedicated to building reactors and licensing the different technologies. ARTL will be licensing its BTE and BTP ( bio-waste to ethanol andBio-wasteto Polyol) technologies for industrial scale applications world-wide. In addition ARTL will be selling small ethanol synthesizers, ranging inproduction capacity from 100 gallons per day to 1,000 gallons per day, designed for use by fruit orchards, municipalities and counties managing forest territories and of course farming operations. Furthermore a series of residential scale waste to natural gas and waste to hydrogen synthesizers will also be brought to market through ARTL within the next twelve months.
According to the company, following the restructuring program ACMG is expected to reach approximately 750 million dollars in revenues by 2010 while ARTL is expected to gross 1 billion dollars yearly as of the same year.About Alcar Chemicals Group Inc.
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant marketopportunitydue to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG hasbeenconcentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade,specificallypetroleum-independent fuel and plastics resin production. Its proprietary technology represents todays most economical and advancedmanufacturingprocess for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to currentproductionmethods.
Important Information About Forward-Looking StatementsAll statements in this news release that are other than statements of historicalfactsare forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks anduncertainties.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,wecan 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 todiffermaterially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; ourneedfor significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategicpartners;our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers ofsimilarproducts and services; and other unanticipated future events and conditions.Investor Contact:
Steven SungIR*alcarchemicalsgroup.comSOURCE: Alcar Chemicals Group Inc.
Posted by Fuzzy1018 on :
mm's really messing around with this one imo
Posted by casviper on :
I bet they already purchased their shares between yesterday and today. And if this is the case I have no idea what will make this thing move up. Especially given all the good news over the last month.
"A final clause added and approved by the two Boards of Directors specifies that Siam Renewable Energy Group will acquire up to 30 million shares in the open market to a maximum of $1.00 per share and said "buy back" is to begin immediately."
Posted by lostone on :
it's ridiculous how the MM's brought it down so fast..
Posted by kt325ci on :
this is really feeling like a POS now. Too much good news and volume to be down this low.
Posted by cassity on :
lostone, you still in this? I bought the other day....STRAIGHT DOWN!! LOL Either they are diluting the piss outa this or manipulating the chit outa it!!! I think it's the latter!!
Posted by kt325ci on :
You've got to think about how ridiculous today's PR was. They were giving revenue guidance with HUGE numbers many years away from now. It's like they were desperate to bring in buyers to suck up shares from whoever is selling.
Monday's PR about Siam buying up to 30 million shares reminds me of the SLJB PR last August where they announced Wessal would start buying 25% of the company on open market.
Supposedly the OS is around 118 million and we've traded around 86.4 million in 4 days. This volume should of sent the stock well into the teens and yet it sits at .05.
Posted by Fuzzy1018 on :
turning nicely
Posted by Fuzzy1018 on :
.0565/.057; there was a drop from .105 to .05 in 2 days. Looks to be turning now
Posted by Fuzzy1018 on :
.058/.059
Posted by Fuzzy1018 on :
.0595/.06 now
Posted by Fuzzy1018 on :
.0585/.059
Posted by lostone on :
quote:Originally posted by cassity: lostone, you still in this? I bought the other day....STRAIGHT DOWN!! LOL Either they are diluting the piss outa this or manipulating the chit outa it!!! I think it's the latter!!
yea, i bought back at .05 yesterday, lucky thing i did too.. came home to find this.. hopefully it's all up from here..
Posted by farmerboy on :
They sucked a lot of shares out of people should move back to 10 cents.
Posted by farmerboy on :
Here we go!
Posted by lostone on :
Siam Renewable Energy Group Announces Dividend to Alcar Chemicals Group Stockholders 10:00a ET March 23, 2007 (Market Wire) Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) releases the news today that Siam Renewable Energy Group Ltd will issue a dividend to ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.
The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.
Posted by farmerboy on :
Oh yeah! lets get things rolling here.
Posted by casviper on :
I wonder what the O/S will be for ARTL.
Posted by farmerboy on :
Getting ready to head for the teens.
Posted by farmerboy on :
Here we go...this is strong!
Posted by lostone on :
nice and steady...
Posted by farmerboy on :
Here they come
Posted by lostone on :
hit .094 yes!
Posted by lostone on :
well, last transaction was at .09 not too bad.. steady is good.. good luck to us all next week!
Posted by hammond_man on :
gap up, new hod, now we just need break out past .094
Posted by mrinos on :
lot of buys coming in I see. Been watching
Posted by mrinos on :
I am now the proud owner of many thousand shares of acmg!
Posted by mrinos on :
ACMG now at .075 - hammer forming on the 50 moving average. Good sign....
Posted by mrinos on :
.077 ....
Posted by mrinos on :
.078...
Posted by mrinos on :
.081....
Posted by casviper on :
I'm really surprised at the pps on this. I thought given the stock divy that this would climb. Maybe towards the end of the week.
Posted by mrinos on :
.085
Posted by mrinos on :
ACMG uptick at .074 and increasing volume.
Posted by casviper on :
i thinks we should stay positive from here til Friday. Friday is the last day to buy to get the stock dividend.
Posted by mrinos on :
.077 and up.......weeeeee
Posted by lostone on :
volume is a bit low today.. prolly ppl are holding for that div
Posted by casviper on :
we are moving up.
Posted by lostone on :
moving up is right! ask jumped to .078
Posted by mrinos on :
They are biting at .078 YIPPPPEE
Posted by lostone on :
touched .078 ... hopefully it will continue running to EOD .. ppl getting in last minute?
Posted by mrinos on :
.08 and moving
Posted by mrinos on :
.085 BREAKOUT TIME!!!!!!!!!
Posted by lostone on :
that wasn't u who just exited was it? lol.. come on.. bounce back up!!
Posted by mrinos on :
No, I am still in. I am looking for at least .10. It is acting too well for me to exit.
Posted by a surfer on :
I just got in at .083 for a few..
rode this from .10 to .25 on the first run.
woops edit that.. I was thinking of RGNO
I sold this at .165 last time
Posted by mrinos on :
Welcome the company. I imagine we will see at least .10.
Posted by lostone on :
if surfer's in, then it will definitely go up more Posted by mrinos on :
I hope it doesn't fall on Monday. Tomorrow should be a good day. I'm still puzzled why this isn't around .30 or .40.
Posted by lostone on :
prolly cuz it's shorted..
Posted by mrinos on :
was in the 20s a year ago, we will see. I have a very good feeling about this stock.
Posted by a surfer on :
not too worried here either...
All it takes is time and persistence.
Posted by mrinos on :
moving up slowly and this could be a good thing!
Posted by mrinos on :
Surfer, saw you on Shakerzzz. Good, we need all the "exposure" we can get!
Posted by mrinos on :
Holding steady at .08
Posted by mrinos on :
.082.. This stock is pretty darn strong!
Posted by casviper on :
tomorrow should really be interesting....
Posted by mrinos on :
Tomorrow could bring some nice gains....
Posted by casviper on :
Tomorrow,... tomorrow,.... I lov u ....tomorrow... I wish you ....were here today.....
Posted by a surfer on :
was out till a few min. before close...
Nice close!
Posted by casviper on :
we should have an even better tomorrow... Posted by mrinos on :
MANANA MANANA (did I spell that right?)
Posted by casviper on :
so much for this.... I see it only going down. I wish I sold when it was .10.
Posted by lostone on :
sold mine yesterday at .079 don't know if i'm cautious or stupid, since i didn't keep long enough for the div
Posted by casviper on :
the only thing I can hope for that the spin off company is worth more than this one.
Posted by casviper on :
I wonder if we will hear anything regarding when we will receive our shares in the new company. This is going to fall hard today. I think we see it fall to .02 or .03 by days end, if not today by weeks end.
Posted by mrinos on :
should bounce off the 200 day moving average which is .05
Posted by casviper on :
does anyone have an idea of the pps of the new stock?
Posted by Fuzzy1018 on :
fall below .05 now and this will get real ugly. Looks like the interview won't be happening today, ACMG not on ***.com list Posted by casviper on :
.049 and still falling..... we could see .03 by days end.
Posted by njs300zx on :
.04 now lol
Posted by Wit on :
Anyone here listen to M N 1.com talk,....Hmmmmm
( I don't have any of this, just letting you guys know about it .)
Posted by Fuzzy1018 on :
it'll continue to drop imo if we don't hear anything from the company
Posted by Fuzzy1018 on :
ihubbers are pumping it now lol
Posted by casviper on :
hoping that the spin off company will become the real company as this fall to the waste side.
Posted by casviper on :
it has bounced from .039 but that doesn't mean it won't fall back and even below.
Posted by cassity on :
good day today compared to most. Posted by Ripler on :
looks interesting for tmrw
Posted by lostone on :
bought some on the dip today.. time for another flip..
Posted by casviper on :
Did anyone receive their Siam Renewable Energy Group shares yet. Its been 2 months and no info. I just emailed the company for an update. I've emailed them before any they never respond so I'm not hopeful. I very surprised as to were the pps is. I thought with gas prices going through the roof all alternative energy stocks would be rising.
Posted by mrinos on :
I bought at .03 and am waiting for this thing to go up. Seems like a rolling stock to me. By at .029 or 3 and sell at about .034 or so. Usually a sure bet, but you never know...
Posted by lostone on :
yep.. i did the same.. but i'm actually waiting for it to go to .037+ that's how i've been flipping this..
Posted by mrinos on :
lostone, you are so optimistic. Hope you are right...
Posted by lostone on :
well, just look back at the past couple of ups and downs.. it actually goes beyond .037 ...
Posted by lostone on :
what a joke! i tried to fill at the ask all morning on that dip, and wouldn't fill until .025 and up ..
Posted by casviper on :
why would you buy this. this will be below a penny by next week.
Posted by lostone on :
quote:Originally posted by casviper: why would you buy this. this will be below a penny by next week.
why do you say that?
Posted by Ripler on :
quote:Originally posted by casviper: why would you buy this. this will be below a penny by next week.
if you buy now at .022, I am pretty sure it will go back up to around .033... thats my guestimate
Posted by lostone on :
yea, that's what i'm expecting too
Posted by casviper on :
quote:Originally posted by lostone:
quote:Originally posted by casviper: why would you buy this. this will be below a penny by next week.
why do you say that?
look at the charts.... they are going one way DOWN. Sorry to be negative, as I own this too, but they have not delivered on the SIAM Company stock which was back in March and have given no promising pr's. The pr's that were given stating estimates on their revenues can only lead to questions and I wouldn't be surprised if we see the SEC looking into this soon. IMO
Posted by casviper on :
I filed a formal complaint against ACMG yesterday with the SEC. Hopefully they can get some answers.
Posted by lostone on :
couldn't find the other thread.. sub-penny! .0095
Posted by lostone on :
.008 .. take down
Posted by lostone on :
.012 at the moment.. i wonder if it's worth a flip.. any thoughts?
Posted by ViperZ on :
STAY AWAY!!!!!! Trust me, I'm down 90% This thing is a scam. I contacted SEC and they have NO RECORD of who their Transfer Agent is. The one they first gave me was incorrect and since informed me they now don't have one on record. I contacted AOL they also have no Transfer Agent on record. I have sent the company about 10 or so emails over the last 6 weeks and they have not responded. This thing is ready to explode in a negative way.
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