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ACMG.PK-Ethanol related..big news

Started by gmarc66, April 20, 2006, 11:01:01 AM

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gmarc66

Hey Setravis..u maybe right...i see an after hours trade at .058 at 4:01:17pm..and all trades before that were at .062 ..so could be the mm's just cleaning up. Well..thats much better than...thanks Set! ;)

julia

gambler2075

Thanks Julia... I was kinda kidding about losing 150$ on acmg.pk... I more than made up for it with dovp.pk today :) who knows, tho, tomorrow is another day for acmg!

g

gmarc66

Ok..well here is some more decent news just out:

Wednesday, December 13 2006 2:27 PM, EST   Alcar Chemicals Group Announces MOU for Completion of Financing for First Plant and US Expansion  Market Wire    "US Press Releases "

MONTREAL  -- (MARKET WIRE) --  12/13/06  -- The following is an announcement from Alexander P. Cavasin, CEO of  Alcar Chemicals Group Inc.  (PINKSHEETS: ACMG), on the signed MOU for completion of the financing of its first plant in  Canada  as well as the planned expansion into the US.
With the planned transaction ACMG will secure the financing for the first biomass conversion facility in  Quebec , which will operate three reactors to fill the  $160M  contracts on hand, as well as an accelerated expansion into the US market. As announced last week, Dr. Cavasin, CEO of ACMG, signed a memorandum of understanding outlining an agreement for the acquisition of 60% of ACMG in a transaction with an overall worth in the vicinity of  $300M . The closing of a definite agreement is foreseen within the next week and the details of the agreement will be provided once finalized. The agreement will not affect operations as ACMG will remain a separate entity and its stock will remain in effect; it does, however, represent an important milestone by guaranteeing the financing required for the first facility in  Canada  and for the expansion into the US market with a sizeable facility planned in Natchez, MS.
"The synergy created by combining the complementary technologies would ensure tremendous economical advantages to what could become the most advanced biomass conversion entity on the planet. I am very pleased with this preliminary milestone as a definite agreement will guarantee the financial backup required for the plant in  Canada  but also an accelerated timetable for our expansion plans in the US, with an initial production facility of 360M Gallons per annum in Natchez, planned to begin operations by the summer of 2008," said Dr. Cavasin. "The amounts of forestry and agricultural waste available in Natchez are simply mind-boggling and the new expansion project will put it to good use. Together, we will change the fuel industry as we know it forever, one waste pile at a time, improving the energy sector worldwide and with it, the environment our children will inherit from us," further added Dr. Cavasin.
"After having spent several weeks working on this agreement, I can only point out that selling controlling interest may be the most important, but also the best possible decision I ever made. This is a first step towards revolutionizing the fuel industry while providing a truly green, zero waste operation, for the benefit of the project, our shareholders and the environment," answered Dr. Cavasin when asked how he felt about handing control of the project.
About  Alcar Chemicals Group
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) valorisation 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 biodiesel, allowing production at cost savings of up to 40% when compared to current production methods.
Please visit our website: www.alcarchemicalsgroup.com

setravis

Julia, Worth another update.....  ;D


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
149.82%above 13-day MA
236.57%above 50-day MA
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Press Release Source: Alcar Chemicals Group


Alcar Chemicals Continues Take-Over Talks With US Sustainable Energy Corp.
Wednesday January 31, 9:45 am ET


MONTREAL--(MARKET WIRE)--Jan 31, 2007 -- Alcar Chemical Group Inc. (Other OTC:ACMG.PK - News) announces today that it is continuing talks with US Sustainable Energy Corp. for the acquisition of controlling interest in Alcar Chemicals Group Inc. to proceed towards a US expansion for an estimated USD $280 million, representing approximately $2.00 per share.


According to the company, Alcar Chemicals Group and US Sustainable Energy Corp. have progressed beyond the memorandum of understanding and would sign a letter of intent to outline the terms and condition by which US Sustainable Energy Corp. would acquire the controlling interest of Alcar Chemicals Group Inc. The companies plan to sign a letter of intent on or before February 19, 2007.

"This take-over by US Sustainable Energy Corp. is truly welcome at this phase of our development. It will enable the company to expand its non-food based ethanol technology quickly throughout North-America," said Dr. Cavasin, CEO of Alcar Chemicals Group. "The progress we have made with our technology continues to spark interest in our industry world wide and is quickly becoming the next contender," further added Dr. Cavasin.

About The Alcar Group

The Alcar Chemicals Group (Other OTC:ACMG.PK - News) 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.

Contact:
     Investor Contact:
     Steven Sung
     [email protected]
--------------------------------------------------------------------------------
Source: Alcar Chemicals Group
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Hey Setravis........hooo hummmmmm :(

You will not believe that i sold this stock on jan 24th last week at .0033...just about the low of the year. After holding it for close to a year now, i had just got sick of it constantly dropping and it seems that the ones i hold just keep dropping and finally die off into oblivion, or they take off right after i sell near the low....i was literally sick to my stomach watching it. ;D

Well...i hope alot of people made money on this stock...too bad i didnt.  :o

glta

julia

setravis

Quote taken from Julia.......goto page 1 of this thread.
"Oh no...now what did I start.  May I  make a suggestion as to my nickname? Ok...how about...Dazzling Outstanding Goddess!?  and the abbreviated form will not be accepted! lol "


Worth another update, Dazzling Outstanding Goddess! ;D
Turned down offer from USSE for a better offer next week. Old offer was $2. I see the potential for a gap.

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
27.49%above 13-day MA
87.98%above 50-day MA
 
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Hey Setravis,

Thanks for the info, i still got my eye on this sucker...maybe i will play it again if looks like its going to pull a fast one...lol.


thanks!

Dazzling Outstanding Goddess ;)

tocitygirl

#38
Alcar Chemicals Group and Siam Renewable Energy Group Announce Signing of Definitive Acquisition Agreement
Monday March 19, 10:12 am ET


MONTREAL--(MARKET WIRE)--Mar 19, 2007 -- Alcar Chemicals Group Inc. (Other OTC:ACMG.PK - News) 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 (Other OTC:ACMG.PK - News) 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.


runner2847

This sounds pretty big. Thoughts on what this will do the share price beyond the 80%+ gain its already had today?

buffaholic

This certainly sounds like a no-brainer. Am I missing something?

buffaholic

After two days of fantastic news only to see a massive selloff, this thing is finally bouncing back. Apparently the CEO will address shareholders on 4/2/07 and discuss his plans to burn the nakeds.

buffaholic

More news.


Siam Renewable Energy Group Announces Dividend to Alcar Chemicals Group Stockholders
Friday March 23, 10:00 am ET


MONTREAL--(MARKET WIRE)--Mar 23, 2007 -- Alcar Chemicals Group Inc. (Other OTC:ACMG.PK - News) releases the news today that Siam Renewable Energy Group Ltd will issue a dividend to ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.

According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.

The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.

About Alcar Chemicals Group Inc.

The Alcar Chemicals Group (Other OTC:ACMG.PK - News) 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

setravis

#43
"ACMG.PK" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.    ;D                                                 
All history on a stock pick in 1 thread is awesome.     ;)                                                 
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.     :( ::)                                           
Thank You....and good luck with all your trades....make some $$$    ;) ;D   

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis