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Alcar Chemicals Group, Inc. (fka ALCX)

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Last Post: 9/1/2021 2:11:03 PM - Followers: 131 - Board type: Free - Posts Today: 0









There has not been any communication with the company or management since their PR on March 23, 2007.

They have no office, no phone, do not reply to emails, have no IR person, and no Transfer Agent.

Please take this into consideration before ever contemplating purchasing any shares in ACMG

ACMG PR from 3/19/07

Alcar Chemicals Group and Siam Renewable Energy Group Announce Signing of Definitive Acquisition Agreement
50 minutes ago - Market Wire

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.

ARTL is an acronym for Alcar Renewable Technology Licensor. The ARTL acronym should not be confused with the stock symbol ARTL (Aristotle Corp.). The two entities are completely different. Aristotle Corp has NO affilliation with Alcar Chemical Group Ltd.

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.

Investor Contact: Steven Sung IR@alcarchemicalsgroup.com

SOURCE: Alcar Chemicals Grp
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Alexander P. Cavasin, PhD
Chairman & CEO
The Alcar Group Inc.


Share Structure:
Authorized: 250M
O/S: 118M
Restricted: 73M
Float: 45M

Select American Transfer Company
118 Finch Ave. West
Suite 35
Toronto, Ontario, M2N 7G2
Tel. (647) 722-9581

Contracted Party Information
A-M Polymers is an Algerian company, the result of a spin-off from Technoflex. It is one of Algeria's oldest polymer and plastics manufacturing corporations.

Caoutchouc Technique & Industriel, Sarl (TECHNOFLEX)

1, rue Mesbahi Hamidou
16305 Saoula
Tel.: +213 21 35 64 14
Tel.: +213 21 35 65 63
Tel.: +213 21 35 75 97
Fax: +213 21 357597
Year of foundation 1974
Share Capital/Capital Social 2 000 000 DZD

CEO email response to emailed questions:

Email from Genivar

Penny Stock Basics

Posting Rules for the ACMG board!

All posters will be subject to the IHub TOU agreement.
Any messages that violate the User Agreement or detracts
from the civility of the board will be removed.


#37012   still hoping for some company to buy out ezxccsc 09/01/21 02:11:03 PM
#37011   https://markets.businessinsider.com/news/stocks/stock-market-correctly-predicted ezxccsc 08/09/20 01:33:22 PM
#37010   http://siamrenewableenergy.com/ Kazorchian 11/29/17 08:56:48 AM
#37009   a whole new profile is there a new Kazorchian 11/28/17 08:32:29 PM
#37008   https://www.linkedin.com/in/alexander-cavasin-66b0142/ Kazorchian 11/28/17 08:31:29 PM
#37007   Cavasin looks to have disappeared and Siam has Kazorchian 11/28/17 08:16:39 PM
#37006   https://www.facebook.com/SiamRenewableEnergy/ Kazorchian 11/28/17 08:14:27 PM
#37005   the wow? Kazorchian 06/30/17 03:46:18 PM
#37004   What about What?. dounome 06/30/17 03:09:24 PM
#37003   what about? Kazorchian 06/30/17 02:39:42 PM
#37002   Wow. dounome 06/29/17 01:41:53 PM
#37001   Yes, unless Alcar Chemicals files a Form 10 Renee 12/30/13 10:16:21 PM
#37000   So that's the end....... Kazorchian 12/30/13 09:37:20 PM
#36999   ALCX Finra deleted symbol: Renee 12/30/13 06:20:28 PM
#36997   you post by mistake? anything new here? Kazorchian 09/29/13 02:42:53 PM
#36996   kingpindg 09/29/13 10:15:49 AM
#36995   http://www.linkedin.com/profile/view?id=154919967&authType=NAME_SEARCH&auth Kazorchian 07/07/13 09:44:56 PM
#36994   It still isn't trading and has no stock king oil 03/05/12 10:55:50 AM
#36993   Any docs/links you can provide? Thanks. Swizzer13 03/01/12 03:01:54 PM
#36992   anybody have any idea why this is reinstated? Kazorchian 03/01/12 09:42:46 AM
#36991   ALCX reactivated on 2/29 what is going on here? Kazorchian 03/01/12 07:08:26 AM
#36990   there was no bankruptcy so I'm not sure king oil 02/07/12 12:07:35 PM
#36989   yeah I'm in the process of writing it off Kazorchian 02/07/12 10:12:25 AM
#36988   how should i know? never owned it and jeffn 02/07/12 02:05:13 AM
#36987   anyone write this off as worthless stock for king oil 02/06/12 10:28:26 PM
#36986   all is good here. hope you are good jeffn 02/06/12 09:02:14 PM
#36985   Hey long time....hope you are well... Kazorchian 02/06/12 08:26:03 PM
#36984   what's going on kevorkian? chee chee jeffn 02/06/12 08:12:28 PM
#36983   ALCX was delisted I see nothing more to Kazorchian 02/06/12 11:29:13 AM
#36982   I did a search on "alcar chemicals group" softtouch 07/27/11 04:31:07 PM
#36981   nothing new just this post http://investorshub.advfn.com/boards/read_msg.aspx?me Kazorchian 07/12/11 02:43:18 PM
#36980   hi k. still holding a bunch of lazlotrade 07/12/11 02:32:12 PM
#36979   Yeah Kazorchian 06/13/11 05:29:06 PM
#36978   Anyone here? CIBOLA 06/13/11 04:41:49 PM
#36977   Thanks......good luck to you as well Kazorchian 04/21/11 02:19:29 PM
#36976   The one that I had for years had CIBOLA 04/21/11 12:53:44 PM
#36975   it was a number in my portfolio I Kazorchian 04/21/11 12:42:39 PM
#36974   By the way, like I said, I do CIBOLA 04/21/11 12:36:44 PM
#36973   interesting.......seems the only way this company can survive Kazorchian 04/21/11 12:30:36 PM
#36972   OK, an RM into another CO., but it CIBOLA 04/21/11 12:27:53 PM
#36971   what was the rumor you have me interested...I Kazorchian 04/21/11 12:16:52 PM
#36970   ALCX, I do not own any ALCX. I CIBOLA 04/21/11 11:12:20 AM
#36969   So what do you expect now? That I Swizzer13 03/29/11 01:27:50 PM
#36968   sc99, I thank you for your post, very informative. CIBOLA 03/29/11 01:02:08 PM
#36967   well Steven Sung Cheng, that's an interesting story, king oil 03/29/11 09:05:45 AM
#36966   THEY were the people that took ACMG public sc99 03/29/11 05:05:08 AM
#36965   Looks like this post awnsers some of the sc99 03/29/11 04:34:40 AM
#36964   I believe it is about time to set sc99 03/29/11 03:58:07 AM
#36963   Think GROUND ZERO at the Japanese electric power plant... grantg2 03/24/11 05:27:21 PM
#36962   CEO ran off with the money. Avoid king oil 03/17/11 08:47:05 PM
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