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Their losses are not AMHDs.
Just so you know.....
The float here is about 4.5 billion......but as today's PR stated the CEO personally has purchased and currently owns more than 1 billion shares.
SEC rule 144 prevents anyone in Fred's position from selling more than 1% of the float per quarter.
Additionally Fred must file before selling 1 single share.....
What this all means in the effective float is 3.5 billion or less.
I LOVE THIS PART:
Through May 31,2011, Amelot Properties has netted and retained $374,393.37 in earnings.
Cover your short positions boys.....this is your last warning. The AMHD profits will continue to rise.
These numbers will need to be adjusted considerably higher.
Based on what?
Well known by who? I am very happily a major shareholder here. I add every time I get some dough. I have easily done the most research of any poster on this board. I have called every company, alliance partner, transfer agent, etc. I have gone to PRd facilities and independently verified PRs.
This undervalued company just survived the great recession and came out of it kicking, screaming, and making enormous profits.
Based on what? These are not the days of yesteryear. You cannot get away with being unscrupulous in this day and age of reform.
AMHD IS making a hefty profit. Fred is a respected business man. You can visit him any weekday in his office in Norfolk. This is NOT some shady character that is never seen or heard from. Give him a call. Go visit him. Do some DD.
Wrong again EarnestDD. AMHD is still in the biodiesel business. Call and ask.
Actually there is a third party business that is named in the PR. They must approve any and all PRs that include their name....so the PR is proved.
HUGE NEWS!
NORFOLK, Va., June 22, 2011 /PRNewswire/ -- Amelot Holdings, Inc. (Pinksheets:AMHD - News) is pleased to announce that its wholly owned subsidiary, Amelot Properties, LLC. ("Amelot Properties"), earned a net profit of $156,836.77 for the month of May 2011. This was obtained by the sale of six properties which the Company recently renovated.
The settlements were conducted by and at the offices of Metropolitan Title in Fort Wayne, Indiana.
Through May 31,2011, Amelot Properties has netted and retained $374,393.37 in earnings.
"We are also pleased to announce an additional revenue stream for Amelot Properties," said Fred Guarnieri, President and CEO. "Besides profiting from the resale of properties and from our rental portfolio, Amelot Properties has begun receiving interest income from mortgages held. Based on the mortgages currently held in our portfolio, net interest income from our first year in operation is expected to be in excess of $28,500. It is my intent to add to this revenue either by doing owner financing, or through the purchase of existing mortgages that are deeply discounted," Mr. Guarnieri concluded.
Amelot Properties is currently earning 8 percent interest on mortgages held.
The Company currently has 4,624,573,155 shares outstanding, of which 1,076,275,010 are owned by Mr. Guarnieri.
About Amelot Holdings, Inc. (Pinksheets:AMHD - News):
Amelot Holdings, Inc. ( http://www.amelotholdings.com ) is a publicly traded company with a diversified portfolio of investments.
Amelot Properties, LLC. ( http://www.amelotproperties.com ) is a wholly owned subsidiary of Amelot Holdings, which acquires, renovates and sells energy efficient properties to prospective home owners at affordable prices. Its success is based on the ability to identify undervalued properties and rehabilitate these properties for future resale or rental investments.
Amelot Oil, Inc. ( http://www.amelotoil.com ) is a wholly owned subsidiary of Amelot Holdings, focused on alternative energy and bio-fuels. Amelot Oil plans to capture a significant market share by growing low cost feedstocks to supply the growing demand for biodiesel. Biodiesel helps reduce energy dependency of fossil fuels, reduces the U.S. dependency on foreign oil and lowers the negative impact of energy on our environment.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Amelot Holdings, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Amelot Holdings, Inc.
1-(646)-926-3568
support@amelotholdings.com
http://www.amelotholdings.com
I added some more here today.
Come on now. Fred is an exceedingly well respected business man in Norfolk VA. Anybody can visit him in his office. To insinuate like he is anything less is intellectually dishonest.
I added some more here today.
There is ZERO proof of an investigation. If WestTexas were to know of one as he claims, he would be guilty of insider trading, because the stock price would surely move in one direction or the other as a result of the investigation.
Should there be one, I am 100% confident that it would a 100% waste of the SECs time.
The shares were issued for a processor for bio-fuel. The vendor failed to deliver.
As for the "gross" profits.....their NET profit was 4x your prediction for the 1st quarter alone.....never mind the whole year.
The volume data simply does not affirm your assertions.
When and where.
seems like standard practice for a pink sheet.
If they are watching....and nothing is done....it is because there is nothing to do. Fred and AMHD are 100% legit.
There is absolutely no fear whatsoever. Fred, the CEO, will never let something like that happen. He personally bought over a BILLION shares.
What happened is Lowell Fitzsimmons never started to build the processor after getting paid $312,500 of $326,000. His words, not mine.
You have to be the one doing the joking. It is certainly NOT a documented scam. quite the contrary. I have personally verified several PRs and past vendors have also been on this board to verify.
What are you talking about? There is no other requirement other than giving them cash...
Filing with pink sheets is a joke. You give them $3500 bucks.....they add you to there website.
How many pink sheet companies are there? 5000? 10,000? 20,000? 50,000? Something more?
I certainly doubt you have more shares than the CEO which means you don't have enough voting power. Go buy 1.5 BILLION shares, then you might have something.
No. It is a pink. I knew going in that I probably will not get financials, but I will get a run a year of about 1000%.
That is certainly not my experience. Pinks rarely give financials, claims of profits or not.
I'm fairly certain there was multiple processors. Todd's was to be the larger continuous flow unit with expansion capabilities.
They are in business in my share count is the same. That IS weathering the recession.
The processor that Todd attempted to build was not capable of making anything, because he never built it. If not for incredible leadership, AMHD would have faltered. They never stated that the machine that produced the fuel was the one Todd was dreaming of building.
I disagree. This management team survived the great recession without bankruptcy or a reverse split. The management team is talented and innovative.
AMHD is the Victim of multiple shoddy managers, directors and officers.
jmo
The unit Todd (never) built never produced anything, that does not mean no fuel was produced.
Profits were claimed as modest on the bio front.....they basically were doing better than breaking even in my opinion.
As far as the home front goes.....AMHD is no different than 99% of any pink in terms of financial reporting, and no different in terms of financial reporting since the day every single one of us made the personal decision to invest in this company....financials or no financials.
Multiple hundred thousand dollar net profits is NOT fluff.
I disagree. PRs have been Independently confirmed time and time again. I personally confirmed several PRs about the Nashua NH facility.
Lowell Fitzsimmons confirmed that AMHD had ordered a bio-diesel processor. Lowell further confirmed that AMHD had paid $312,500 towards said processor. Lowell also confirmed that he never built any part of the processor.
AMHD is victim of multiple shoddy vendors. It is a true testament to the skill of AMHD's leaders that they were able to weather the great recession and come out on the other side making significant profits.
This company is well positioned with a diverse business portfolio to continue it's expansion and profit margins.
No business man with as much to lose as Fred has would ever risk claiming profits without it being 100% fact.
Fred is a well respected business man whom has enjoyed much success in his professional career.
He takes zero salary for his contributions to AMHD. No one who actually needs a salary works for multiple years for free.
Additionally, Fred has purchased shares from AMHD to pay off AMHD debt.
You don't acquire such wealth, only to risk it by putting out false PRs. For this reason, I believe your arguments are 100% wrong.
Please take a moment to honor and remember service men and women today. They are the reason we have such a great country.
Wrong again scalig. AMHD is a PUBLIC company. You scalig, as a shareholder, ARE THE OWNER.