posted
slim...end of this month. who knows could sooner or later.
if I knew exact date...I'll sell my house and buy. on any stock! slim you allover bashing. lol ok....
Posts: 433 | From: New York. | Registered: Sep 2003
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posted
Wang: apparently you don't know the difference between bashing and honest questions. Since you are a day trader and I believe that's what your profile says, I thought your timeline would be a little shorter. If you can call me a basher,I can call you a pumper. You are right when you say sooner or later, that could be this month next month or next year.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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posted
Wang: I forgot this little bit of information, seems as though the IRS has somewhat of a hold on them for about $87,000. Might make it little harder to get financing. I'm not bashing the company, I'm just telling you what the quarterly report says.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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The statement about CSMG being told to leave the landfill because gas did not meet national pipeline specs.. This was the result of a misinformed auditor.
The facts are that CTUM initially had contract was with a small company called RTC, who owned the gas rights. RTC was told to leave the site, NOT CTUM!!!
its long story....lol
This is exact word from CFO we are negotiating with a Fortune 500 company several miles away to buy our gas.
good luck all!
Posts: 433 | From: New York. | Registered: Sep 2003
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posted
It may be correct, but I take the word of the quarterly report over a telephone conversation with CFO. If that is the case they should put out a PR stating as such. Just imagine how many people read that quarterly, and no kind of printed update. You can believe it if you like, how about the farmers that don't want to buy the digesters.CFO cannot be held responsible for conversation with you, printed statement is another ballgame.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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posted
I'm not positive but I believe that quarterly report has to be amemded, otherwise it is legal as it stands. Maybe another poster who knows corporate law much better than I could answer this.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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posted
CSMG Technologies Finalizes Terms for Funding its Chastang Landfill Project Monday October 24, 10:30 am ET
CORPUS CHRISTI, Texas, Oct. 24, 2005 (PRIMEZONE) -- CSMG Technologies, Inc. (OTC BB:CTUM.OB - News) announced today that the company has signed a conditional term sheet for $1.75 million with Algonquin Power Income Fund for the landfill gas CO2 separator project in Chastang, (Mobile) Ala. Funds will be used for the plant's startup, operations and to construct a pipeline to deliver processed gas to an industrial customer. ADVERTISEMENT
Donald S. Robbins, president and CEO of CTUM, said, ``I am proud that Algonquin Power Income Fund has chosen to partner with CSMG Technologies on our flagship plant in Chastang. Algonquin Power Income Fund executives who have visited the Chastang plant have indicated they would be interested in supporting other existing and future CSMG landfill projects.''
The ASME-certified 177-metric-ton complex includes compressors and technology for separating and removing high levels of CO2 content from raw landfill methane gas resulting in usable quality methane gas suitable for the commercial natural gas market.
There are approximately 18,000 landfills in the U.S. and Canada. The company believes its technology could fit production criteria of up to 15 percent to 20 percent of these landfills. CSMG Technologies, Inc. owns the patented technology for high quality landfill gas production.
Algonquin Power Income Fund is a publicly traded mutual fund trust which owns approximately $800 million of energy and infrastructure assets in the United States and Canada. Information on the Algonquin Power Income Fund may be found at http://www.AlgonquinPower.com.
Investors may contact Don Robbins or K. Bruce Jones, CSMG, at (361) 887-7546; e-mail: publicrelations*ctum.com; or Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com.
Safe-Harbor statement under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words ``may,'' ``would,'' ``will,'' ``expect,'' ``estimate,'' ``anticipate,'' ``believe,'' ``intend'' and similar expressions, and variations thereof, are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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