posted
MONTREAL, Apr 20, 2006 (MARKET WIRE via COMTEX) -- Alcar Chemical Group Inc. (ACMG) announces today the completion of an independent evaluation of its proprietary technology to produce plastic raw materials, Ethanol and Bio-Diesel based on renewable resources. The independent evaluation was performed by CLD and they have established the value at $85 million USD, translating into approximately $0.90 per share on a fully diluted basis.
"ACMG's proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel," said Alexander Cavasin, President and CEO of ACMG. "The yield output of our process alone will create immediate impact in our industry and we expect many more large multi-nationals to be adopting and licensing our technology over the coming months," further added Mr. Cavasin.
The proprietary technology developed by ACMG is a process, based on renewable natural resources, where it can use inexpensive non-food-crop and generic organic waste as feedstock, to produce plastic raw materials, ethanol and bio-diesel. ACMG's Process significantly reduces production cost and obtains yield rates that are significantly higher than the industry standard.
About The Alcar Group
The Alcar Group represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers, a growing shortage estimated to reach over 6 million tons in 2006. The market price for the materials in question vary between $1,000 and $3,000 per metric ton and the Alcar Group has developed a patented process and bioreactor which allow production at costs savings of up to 40% when compared to current production methods, translating in gross margins of over 50%. With the planned expansion, the AGI production process will reach a total capacity of 120,000 tons annually of economical and environmentally friendly materials for polymers.
The Alcar Group Inc. (AGI) develops innovative, patented methods for petroleum-independent fuel and plastics resin production (e.g. polyurethane) that significantly improve the offerings of its customers in the automotive, building products and recreational sectors. AGI operates three divisions, Alcar Advanced Materials Corp., which manufactures and distributes various proprietary non-petroleum-based plastics and coating systems, Alcar Advanced Energy Systems Corp., which will manufacture and distribute high-purity non-petroleum-based ethanol and diesel fuels and Alcar R&D, an advanced materials research and development center.
Posts: 204 | Registered: Feb 2006
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posted
and plus today is just day 1 .. and we still have more than half a day left.. low risk at the moment.. if u got balls, the follow up news will boost it even more.. but i'm only looking for about 50% today..
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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posted
MMs opening the spread to stop the advance. Still unsure of what this is going to do...
Posts: 362 | From: Buffalo | Registered: Feb 2006
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sure seems to be forming a nice base at .10 - .105 level,,,, too hard to figure out now whether this will dip lower before another run up..
Posts: 1088 | From: Dallas, Texas | Registered: Feb 2006
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posted
ok, I'm interested and watching. Doing some DD right now, but if anyone knows anything about this stock can you type short summery?
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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ok, noboday nowhere no nothing...err, know nothing. Geezzz it does take balls, shame I'm a girl, hehehe.
Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
If you have current contact information for this issuer, please complete the Update Company Information Form or send an email to info*pinksheets.com
Address: Not Available
Phone: Not Available
Business Description: Not Available
State of Incorporation: DE
Officers: Not Available
Outstanding Shares: 2,697 as of 2005-10-27
Estimated Market Cap: Not Available
Current Capital Change: shs decreased by 1 for 1000 split Ex-Date: Record Date: Pay Date: 2005-10-27
Dividends:
Company Notes: Note=12-29-00 company filed for liquidation under the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Middle District of Tennessee Last Known Address (10-10-02): 1025 Highway 111 South, Cookeville, TN, 38501 Formerly=Birman Managed Care until 10-05 Formerly=Hackerproof, Ltd. until 3-06
Class Notes: Capital Change=shs decreased by 1 for 3 split. Effective date=7-6-99
Transfer Agent: Not Available
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
Hackerproof Concludes Acquisition of the Alcar Group
MONTREAL, Feb 01, 2006 (MARKET WIRE via COMTEX) -- Hackerproof Ltd. (OTC: HKPF) announced today it has closed the definitive acquisition agreement with the Alcar Group; a Canadian based alternative fuels and advanced materials Company. "With the merger now completed, we can concentrate all our efforts on completing our new production plant, which will enable us to produce non-petroleum based ethanol and diesel fuels as well as various non-petroleum based plastics and coating materials. Once our production is fully operational, it will quickly generate sales of $250 million USD with corresponding gross margins of $100 million USD per annum and considering that post merger the company has a total of 95,800,000 shares outstanding, it will create substantial shareholder value," said Alexander Cavasin, President of the Alcar Group. "Our company is truly committed to developing and producing leading-edge technologies, which will contribute to reducing world pollution and especially green-house gas emissions," further added Mr. Cavasin.
The company will proceed to change its name to the Alcar Group and request a new ticker symbol from the NASD, the said name change and ticker symbol should be completed within the next 2 to 3 weeks.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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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: Alexander P. Cavasin, PhD Chairman & CEO The Alcar Group Inc. 514-402-3665 apcavasin*alcartechnologies.com
SOURCE: Hackerproof Ltd.
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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I think this penny is extremely risky. If you didn't get in before .08-.09, not sure it's a good idea.
Posts: 70 | Registered: Apr 2006
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Nope I'm out. Bought at .08 and sold at .13. To risky IMO at 300% gains already
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
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there is still some buying pressure here. look at the buying volume after 2pm. i don't know if this is the MMs playing tricks ow what's up with this stock. i'm currently not in this, but may jump on if there is late afternoon buying pressure.
Posts: 362 | From: Buffalo | Registered: Feb 2006
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i feel iffy about it too.. but that independent evaluation of the company is rather attractive.. and i am hoping they will have a followup with something substantial, earnings or something.. needs some real numbers from the books.. if that's the case, we can see this rocket again
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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