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Amelot Holdings Inc. Receives $30 Million Financing Proposal >CHEYENNE, Wyo., May 10, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) announces that the company is reviewing the terms and conditions for a $30 Million financing proposal. Based upon initial due diligence provided to Remington Financial Group, a Letter of Interest for Amelot's Bio-Diesel subsidiary, Amelot Alternative Energy, Inc. was received on Friday, May 5th, 2006.
Aziz Hirji, President of Amelot Holdings, Inc. stated, "Legal counsel is currently reviewing the recent proposal. We expect to be receiving additional offers in the near future. Our goal is to negotiate terms and conditions that fit Amelots' growth strategy that benefits both the company and its shareholders."
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry. For more information on Amelot Holdings Inc. Visit http://www.amelotholdings.com. Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
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Aziz Hirji professional expertise draws on over 27 years of work experience not only as a senior level executive, but also as an entrepreneur and investment banker. He has the potential to take this company into mergers and success. Great pick Malloy...Did you purchase shares already?
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Kerry Associates Inc. Secures 25,700 Sq. Ft. Facility on Behalf of Amelot Holdings Inc. Business Editors
BOSTON--(BUSINESS WIRE)--May 11, 2006-- Kerry Associates, Inc. has announced today that it has secured a New England facility for Amelot Alternative Energy, Inc., a wholly owned subsidiary of Amelot Holdings Inc (Pink Sheets; AMHD). The location is a 25,700 square ft. facility that will provide sufficient space for the production of Bio-Diesel and Ethanol and include Administrative offices.
Eric Cousens, President of Kerry Associates stated, "We have reviewed the Lease agreement and have negotiated 3 months free rent. This will give Amelot time to bring in revenue from their initial Bio-Diesel production. We have forwarded the agreement to Amelot and its directors for approval."
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry. For more information on Amelot Holdings Inc. Visit: HYPERLINK "http://www.amelotholdings.com" http://www.amelotholdings.com
About Kerry Associates, Inc.
Kerry Associates Inc. is a business consulting firm helping companies develop and expand into emerging markets while strategically executing their objectives. For more information on Kerry Associates Inc. Visit: HYPERLINK "http://www.kerryassociates.com" http://www.kerryassociates.com
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
KEYWORD: NORTH AMERICA MASSACHUSETTS UNITED STATES INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS NATURAL RESOURCES SOURCE: Kerry Associates
CONTACT INFORMATION: Kerry Associates, Inc. Serjio Philbrick, 603-424-0126
They are a new company and face both a lot of competition and challenges in in coming online with production.
Their plant location suggests they will work recycled cooking oil being so far away from heartland, America.
Not sure about the ethanol end of this. Perhaps there are railroad spurs to bring in grain crops to produce ethanol. This is questionable.
No need to inquire about financials. Clearly they have little or no income and are about to become highly in debt; all losses for now.
Lots and lots of risks here. Might be legit, might be a scam. Most likely, this will be a short term play if later news does indicate they are bringing in equipment to their new plant and actually moving in.
Suppose I am done for now; my live feed just beeped me my buy offer is executed. I am in.
You boys are in deep pooh-pooh if this high risk pink does not play out! I will take revenge on you!
Readers should note I am not suggesting you buy this stock. Risks are extreme. None know at this point if this is legit company or a pump & dump scam. You could lose all your money, very quickly.
I am taking a risk in two areas. There is potential for a short term run-up based on speculation and hype pr news. There is a very slight, a really outside chance, this might become a mid-term play. Firing up their plant would be an indicator of this. Inherently, plant start-up is months away, most likely a year away.
Again, risks are extreme and you should think very carefully on this. Do not buy blindly. Chances are good you will lose your money; this is a long shot gamble.
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very good analysis...high risk indeed...I'd say as long as we stay above .02, we're ok for next step...if they start dumping, I,ll be out and on something else.
July 10, 2006 11:21 AM ETAmelot Holdings, Inc. Announces Update on Its Wood Portaladvertisement
All PrimeZone NewsCHEYENNE, Wyo., July 10, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its Board of Directors is currently contemplating spinning off via a dividend of its Wood Portal, The Wood Explorer, Inc., to its Shareholders as previously stated on April 3rd, 2006.
Further details of the spin off will be announced soon after an upcoming board of directors meeting scheduled for this Wednesday July 12th, 2006.
Aziz Hirji, President of Amelot Holdings stated, "This dividend is a way to show our Shareholders that we are serious about giving back to those who have helped support Amelot and its efforts. This will allow Amelot Holdings to focus on its core business of Bio-fuels."
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I like the look of this one. Volume has been pretty constant lately, and the PPS has leveled out and looks to be in a position for movement once the spin-off div's are detailed.
I'm in 10k shares and will sit back and wait a while for them to get the plant started up.
-------------------- COMMUNICATION CAUSES LEARNING!!!!!
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Amelot Holdings Inc. Applies for ASTM D6751 Certification Tuesday June 6, 10:48 am ET
CHEYENNE, Wyo., June 6, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to announce that the Company's subsidiary, Amelot Alternative Energy, Inc., has applied for ASTM D6751 Certification for its Bio-Diesel fuel. A sample from the test batch that was produced at the suppliers facility has been shipped to National Tribology Services in Minden, Nevada. Test results are expected to take up to 10 business days. ``The ASTM D6751 certification is a quality assurance test that is an industry standard for Bio-Diesel Fuel. This is what most distributors in the industry are looking for before purchasing Bio-Diesel from any producer. We are confident in our technology process and foresee no issues with passing this quality assurance test,'' said Aziz Hirji, President of Amelot Holdings.
I have sent an email to them requesting information regarding the ASTM D6751 testing. The results should have been back to them by June 16. There has been no PR with the results as of yet. Waiting on response.
-------------------- COMMUNICATION CAUSES LEARNING!!!!!
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Amelot Alternative Energy, Inc. Receives Lease Agreement from Brady Sullivan
CHEYENNE, Wyo., July 12, 2006 (PRIMEZONE) -- Amelot Holdings Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly-owned subsidiary, Amelot Alternative Energy, Inc., has received the lease agreement from Brady Sullivan for the Nashua, New Hampshire location.
The facility, located at 160 Burke Street, Nashua New Hampshire, has a total capacity of 80,000 sq ft. The lease is for 2,969 sq. ft of office space and 26,713 sq. ft of manufacturing space for a period of 3 years with growth options.
"We are extremely pleased that we have received the lease agreement from Brady Sullivan. We signed the LOI back on June 21st after agreeing to terms and conditions that fit Amelot's strategy and budget. Having railroad access to the building will save the company thousands of dollars in shipping costs. Our feed suppliers already use these railroads; we are just another stop along the way," said Aziz Hirji, President of Amelot Holdings., Inc.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-fuels.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief, or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations, and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
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Amelot Holdings, Inc. Files for Membership With the National Biodiesel Board
Tuesday January 9, 8:31 am ET
CHEYENNE, Wyo., Jan. 9, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to announce that the Company has formally applied for membership with the National Biodiesel Board. Application and acceptance will provide Amelot Alternative Energy, Inc., a wholly owned subsidiary dedicated to the production of biofuels, access to EPA documentation and permits required to become a registered producer of biodiesel. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States. The National Biodiesel Board is organized exclusively to promote the common business interests of those parties seeking to advance the use of biodiesel as a fuel or fuel additive that meets ASTM standards. To advance these common interests, the National Biodiesel Board will admit to membership, on a nondiscriminatory basis, any industry member or supporter who meets the member requirements. National Biodiesel Board's membership is comprised of state, national, and international feedstock and feedstock processor organizations, biodiesel suppliers, fuel marketers and distributors, and technology providers. http://www.biodiesel.org.
ASTM International, originally known as the American Society for Testing and Materials, is one of the largest voluntary standards development organizations in the world and is a trusted source for technical standards for materials, products, systems, and services. Known for their high technical quality and market relevancy, ASTM International standards have an important role in the information infrastructure that guides design, manufacturing and trade in the global economy.
``This is an extremely important next step in turning up our first facility in New Hampshire. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States. I'm looking forward to participating in this organization and leveraging their resources to become an industry leader,'' said Allen Giles, President of Amelot Holdings, Inc.
About Amelot Holdings, Inc.: Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. Amelot Alternative Energy Group, a wholly owned subsidiary of Amelot Holdings, Inc., is focused on the production of these renewable fuels, with an emphasis on Bio-Diesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group, (ACG) and Amelot Alternative Energy, Inc.
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Amelot Engineering and Development Updates Nashua Facility Timeline
Thursday January 11, 9:34 am ET
New Hampshire Facility Expects Production by May 2007
CHEYENNE, Wyo., Jan. 11, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to announce that the Company has updated the project plan for the implementation of the Amelot Alternative Energy bio-diesel facility in Nashua, New Hampshire. The Company has an estimated schedule to complete the facility's build out, equipment implementation, and to begin production in May 2007. Amelot Engineering and Development in conjunction with its engineering and technology partners, Turning Mill Consultants and Fitzsimmons Systems, has redesigned the facility to focus on maximizing the gallons per minute and reducing the facility's total operating expense. Turning Mill Consultants, Inc. is managing Amelot Alternative Energy, Inc.'s New Hampshire bio-diesel processing facility from implementation through completion. Fitzsimmons Systems, Inc. is supplying the bio-diesel processing system design and equipment for the facility.
``It was a hard decision at the end of 2006 to reorganize and push back the planned opening date. This redesign will produce more product, more efficiently with far less total capital, equipment, operating and maintenance costs,'' stated Allen Giles; President of Amelot Holdings, Inc.
The Company recently announced that it has formally applied for membership with the National Bio-diesel Board. Application and acceptance will provide Amelot Alternative Energy, Inc., a wholly owned subsidiary of Amelot Holdings, Inc., dedicated to the production of bio-fuels, access to EPA documentation and permits required to become a registered producer of bio-diesel. The National Bio-diesel Board is the national trade association representing the bio-diesel industry as the coordinating body for research and development in the United States.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. Amelot Alternative Energy Group, a wholly owned subsidiary of Amelot Holdings, Inc., is focused on the production of these renewable fuels, with an emphasis on bio-diesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group, (ACG) and Amelot Alternative Energy, Inc.
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Figures, I got a little money as a dividend and bought more yesterday. Now today, I have more money from another dividend. LOL, all these little dollars add up but if I would have waited another day I would have bought twice as much as I bought yesterday. Arghh!
That being said, I think I'm getting another dividend Monday so maybe I'll buy more then (if we are still around .01).
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