Tuesday, November 14, 2017 2:36:57 PM
Since you posted this we had MikeSS provide us a link from the local news wondering where ALLM is with the purchase. Better yet, Daniel won't even return their call or the city of Vero's call.
CS&L, sure everything's ok though since Vero did their homework on this guy, right?
Today we were rewarded with ALLM's quarterly financials of which may help answer the reporter's question;
During the nine months ended September 30, 2017 the Company’s investing activities used $147,871 in cash, which $132,371 was advanced to Carbolosic, LLC, for payment of the minimum annual royalty and patent legal fees. In addition, $250,000 was deposited in connection with the purchase of the Vero Beach plant purchase; however these funds were returned to the Company in September 2017.
Wait a sec, Less than Zero...what's this mean? Why would ALLM get their $250K returned back to them after they were awarded the right to purchase the plant? Better yet, why weren't shareholders told about this in September? Stands to reason if there was some good news we would have seen plenty of it regarding the plant, but all we are left with is to speculate cuz Daniel's not talking...Why won't he return calls? Does the guy with 4 pHDs know about this?
Jupiter...where is that IPO you promised we would see in November in a post a couple months ago? Why haven't you returned those calls and why haven't you updated the shareholders? What happens to all the money you did raise if not for the plant in Florida?
"Oh what a tangled web we weave...."
you know the rest, Jupiter
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