I have been on site for the engineering since Friday and unfortunately I can't answer my calls. I understand that there have been some delays in news posting and on the opening of the website. I can assure you that everyone is working frantically to get things done as fast as possible.
All I can do is relay the info I get and push for results but unfortunately I have to rely on these professionals who - I can assure you - are working hard to keep any delays to a minimum.
Thank you for your understanding.
Alexander P. Cavasin, CEO alex*alcarchemicalsgroup.com (514) 402-3665
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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for those who you who missed it! Here is the pR from 4/20/06 and its whats driven this IPO!
Alcar Chemicals Group's Proprietary EnviroEnergy Technology Receives Independent Evaluation at $85 Million USD 4/20/2006 9:00:04 AM 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.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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I caught a huge dip and grabbed this at .095 this AM but it looks like most of the fills are going through at .105 to .11 with the ask at .12 right now. If it breaks .125 to the upside it could run again. Any PR and its off to the races!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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lucky...... scottrade hasnt cashed my check yet so I dont think I'll be able to jump on it today.... will this hold till tomorrow?
Posts: 858 | Registered: Jul 2005
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without PR it will, and it may even dip a bit, but if PR comes I say no way it gets held back! Good luck Bob, I hope you get a few before the next run here!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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PGPM was -9% when I posted it here and now its +18% nice run happening and ACMG is holding its own in a very red market. I have my eyes open for a PR from them.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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