posted
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.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
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.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
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.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
This is totally unexpectable. I've decided to file a formal complaint against ACMG with the SEC on Monday. Let's see what happens.
Posts: 806 | From: CT | Registered: Dec 2005
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posted
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.
posted
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
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
This thing is a POS. Everytime decent news comes out it goes down Haha
Posts: 798 | From: Malverne, NY, United States | Registered: Jan 2004
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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
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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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
Posts: 2473 | Registered: May 2006
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posted
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!!!!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
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
Posts: 2473 | Registered: May 2006
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