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"That line should be proprietary for all time to 'Jackie Gleason',..."
ACLH IR, 'you got some splainin' to do' should also come into play on this board.
"Hey blackhawks...long time no see around here.
Are you still an Ambassador?"
Yes, I am. But as you read on other boards that we both post on there are other fish to fry, 'beaches 'n birds 'n ship hulls to clean' while still watching the paint dry over here. Gee, I don't usually mix metaphors but that was pretty good!
And then there's the NHL playoffs that will command my attention for at least 6 more games!
""We can't be 100% sure that our interpretation is correct"?...speaks volumes towards being a 'worst', and 'vague' Email...IMO'
I supppose they should append 'In OUR Opinion' after their analysis. And of course they are lsss sure of their interpretations than are most of those who post here.
They're talking about a stock and its POSSIBLE pps move. You want 'to da` moon!' from them?
I just listened to the Commandant of the Coast Guard answer affirmtaively to the question of whether or not they can command BP to perform actions if the Coast Guard is not satisfied with BP's efforts. He indicated that that is why we saw the pictures of the leak that were released by BP today.
This suggests to me that BP will be under pressure from the Gov on a number of fronts ranging from leak stoppage to remediation and cleaning......and disclosure.
Clearly this is a fast evolving disaster response that could furnish surprises at any moment.
"PCS is just another P&D promoter and they hold millions of shares of ACLH."
That said, they've seen the realistic potential of .07 + pps and I suspect that they will want to dip their beaks at that price or higher. And, why wouldn't they be rolling the dice on that BP contract just as many of us are?
",,, one of the worst most vague emails I have seen from PSC recently."
Can't disagree with you on that. On the other hand, aren't both ACLH and PSC constrained, as mentioned, from what they can say and report? How much specificity can there be RE 'pending contracts'? Reading between the lines, how long can those ships remain out of port awaiting hull cleaning? Surely they can't put that off until cleanup efforts begin. Seems to me like a wild card for ACLH.
Here is the latest PSC email in it's entirety. Whether you buy a word of it or not, they were promoting if before recent run ups and they obviously are getting this message out to a lot of ACLH holders.
"PSC spent three hours today with one of the consultants who brought us APCX and ACLH. We have to tell all members that we could not be happier with the results of the meeting.
The guys who back APCX and ACLH are very serious and they are in constant contact with APCX and ACLH to insure that both businesses keep running smoothly and that the contact with investors is consistent.
APCX and ACLH are both big holdings for PSC. We hold millions of shares in both companies.
PSC wanted to know from our contact if we could expect anything material on APCX and ACLH in terms of news. Obviously, the consultant can only allude because of the fact that news has to be shared by the entire public but he did his best to answer questions.
On APCX we asked if business was clicking along and he told us that the PR from today on APCX is just a taste of things to come. They are working with WZE and JMango and shareholders can expect updates on both fronts. Although these are the most recent deals announced by the company, PSC can only assume by our contact’s enthusiasm that more should be coming.
The ACLH update was also very telling. We did ask about a BP contract update. Our contact told us that this update is coming. Our contact was very positive. He did warn us that BP is only announcing clean up deals once the leak is plugged. PSC is wondering aloud why he would know that if no deal with BP is coming. PSC thinks a BP deal should be coming. We will be holding our stock.
Members should take these two updates with a grain of salt. We cannot guarantee that our interpretation of the meeting is 100% correct. Then again, PSC will be voting with our stock. We like what we heard enough on APCX and ACLH to hold and think of adding.
All members should do their due diligence on APCX and ACLH. If things go as well as we expect both these stocks could be massive winners for members and PSC."
"read post #10644"
I did. Do you REALLY think that scripture is either appropriate
or relevant to trading a penny stock?
"i think something big is coming. the receptionist at mopn pleads the fifth on question regrading PR."
That pretty much cinches it, if nothing were happening the recept. would be talking her/his head off and answering all kinds of questions that he/she is particularly well equipped to address.
But this is what I'll be waiting for from you before I add to my MOPN position:
"By the way this gulf leak was mentioned in the bible, i remember it from when i used to go to bible study forever ago. i will try to find it. i believe there is to be a bigger accident in the gulf before end of year from another rig."
"The company has acquisitions in mind and claims the R/S is necessary in order to effect these transactions. Ares knows the PPS will be crushed..."
Do you want to elaborate on that? Will it 'be crushed' if.....no R/S is done? Regardless of R/S?
I'd ask him myself but his voice mailboxes are full.
"Interesting though, when reputable and trustworthy brokers and Transfer Agents tell us a reverse split is pending everyone refuses to believe it. Here when it's used in reference to something investors want to hear it will be regarded as proof that something is about to happen."
And there you have one of the fundamental 'truths' of both stock boards and human nature. 'WANT' is the prism through which all too many interpretations, undisciplined by education or experience, are filtered. People will read exactly the same words that everyone else reads and come to completley different conclusions.
Is it plausible that major brokerages would conspire to fabricate info about a pending R/S with all that that would entail RE sanctions and legal consequences? I seriously doubt it. Why this particular stock? What is the risk/reward for those brokerages?
"Not Quite..PSC was pumping ACLH all last week as well.'
Not only that, their emails could almost literaly be taken as a sentence by sentence transcription of what has appeared on this board. PSC 'pumps' are no more over the top than the speculations appearing here. I'll copy everyone on the next one and you can judge for yourself.
So, we have agreement on "GO BUGS" which would be more effectual as a cheer for the cartoon character, in his never ending confrontations with Elemer Fudd, than it apparantly is for this poor company.
Savvy or JUST NUTS?
My 'spin'? Now that this is in the public domain perhaps it will put more pressure on BP to balance their irresponsible use of damaging dispersants with the use of 'green' and benign dispersants and cleaners.
http://thinkprogress.org/
"BP chose more toxic, less effective oil dispersant manufactured by company with ‘close ties’ to oil giant.
As BP believes it has finally made progress plugging the massive oil leak in the Gulf of Mexico, it has managed to prevent much of the oil already released from washing onshore by using huge quantities of oil dispersants. BP rounded up a “third of the world’s available supply of dispersants” and has been deploying them aggressively. But Greenwire reports that the chemical BP is using is more toxic and perhaps even less effective than other available dispersents:
So far, BP has told federal agencies that it has applied more than 400,000 gallons of a dispersant sold under the trade name Corexit and manufactured by Nalco Co., a company that was once part of Exxon Mobil Corp. and whose current leadership includes executives at both BP and Exxon. And another 805,000 gallons of Corexit are on order, the company said, with the possibility that hundreds of thousands of more gallons may be needed if the well continues spewing oil for weeks or months.
But according to EPA data, Corexit ranks far above dispersants made by competitors in toxicity and far below them in effectiveness in handling southern Louisiana crude.
Of 18 dispersants whose use EPA has approved, 12 were found to be more effective on southern Louisiana crude than Corexit, EPA data show. Two of the 12 were found to be 100 percent effective on Gulf of Mexico crude, while the two Corexit products rated 56 percent and 63 percent effective, respectively. The toxicity of the 12 was shown to be either comparable to the Corexit line or, in some cases, 10 or 20 times less, according to EPA.
BP “shares close ties” with Nalco. A BP board member who served as an executive at the company for 43 years also sits on Nalco’s board, and critics suggest there may be a conflict of interest in BP’s choice of Corexit. “It’s a chemical that the oil industry makes to sell to itself, basically,” said Defenders of Wildlife’s Richard Charter. While use of dispersants helps keep oil off beaches and out of wetlands, “[s]cientists warn that the dispersed oil, as well as the dispersants themselves, might cause long-term harm to marine life.” Even Nalco admits the chemicals pose “moderate” environmental hazard, but Pro Publica noted that dispersant ingredients are kept secret under trade laws, so it’s difficult to know the potential fallout from using them. A Corexit product was used to cleanup the Exxon Valdez spill, and workers suffered health problems “including blood in their urine and assorted kidney and liver disorder.”
Watch, .0495 is the 'new' .0395....wash, rinse, repeat.
Misinformation
"Right. And he wasn't going to raise our taxes either"
I know, I know, he WANTS to. But first he needs to take away our guns!
Information
http://www.usatoday.com/money/perfi/taxes/2010-05-10-taxes_N.htm
"Amid complaints about high taxes and calls for a smaller government, Americans paid their lowest level of taxes last year since Harry Truman's presidency, a USA TODAY analysis of federal data found.
Some conservative political movements such as the "Tea Party" have criticized federal spending as being out of control. While spending is up, taxes have fallen to exceptionally low levels.
Federal, state and local income taxes consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8.% of income before rising slightly in the first three months of 2010.
"The idea that taxes are high right now is pretty much nuts," says Michael Ettlinger, head of economic policy at the liberal Center for American Progress. The real problem is spending,counters Adam Brandon of FreedomWorks, which organizes Tea Party groups. "The money we borrow is going to be paid back through taxation in the future," he says.
Individual tax rates vary widely based on how much a taxpayer earns, where the person lives and other factors. On average, though, the tax rate paid by all Americans — rich and poor, combined — has fallen 26% since the recession began in 2007. That means a $3,400 annual tax savings for a household paying the average national rate and earning the average national household income of $102,000.
This tax drop has boosted consumer spending and the economy, which grew at a 3.2% annual rate in the first quarter. It also has contributed to the federal debt growing to $8.4 trillion.
Taxes paid have fallen much faster than income in this recession. Personal income fell 2% last year. Taxes paid dropped 23%. The BEA classifies Social Security taxes as insurance payments and excludes them from the tax calculation.
Why the tax bite has eased:
• Stimulus law. One-third of last year's $862 billion economic stimulus went for tax cuts. Biggest reduction: The Making Work Pay tax credit reduced income taxes $800 for married couples earning up to $150,000.
• Progressive tax rates. Presidents Clinton and Bush pushed through a series of tax changes — credits, lower rates, higher exemptions — that slashed income taxes for poor and middle-class families. A drop in income now can trigger big tax breaks and sharply lower rates, sometimes falling to zero.
• Sales tax. Consumers cut spending sharply in this downturn, thereby paying less in sales taxes.
A Gallup Poll last month found that 48% thought taxes were "too high" and 45% thought they were "about right." Those saying taxes are "too high" remain near a 50-year low.
The lower tax burden should last at least through 2010, says Roberton Williams of the Tax Policy Center, a think tank in Washington, D.C. "Virtually all the stimulus tax cuts expire at the end of the year," he says. "So the key decision is whether to extend them into 2011."
" Bp could have still been on the hook but control should have been in govt hands. NOw normaly I would be TOTALLY against Gov intrusion into a private business matter."
Can't have it both ways. We both know who would be crying for impeachement if the Feds "took over BP".....the Brits for one!
I believe your normal stance includes deregualtion or lax enforcement of regulations, which is exactly what BP has been the recipient of.
"You have to remember this. PSC is a paid promoter. So they probably possess inside information and it would be legal for them to promote based on that."
Complete nonsense. Regardless of the merits or lack of same for PSC, they are just as constrained by the SEC RE inside info as are individuals.
"Yea this will probably tank tomorrow. I hate holding stocks over the weekend."
Makes me long for the relatively smart and sane posts arguing about the r/s!
"Well you really don't want to keep addressing the R/S potential if you are promoting a pinky."
Or, having addressed the issue twice, they're satisfied that there's nothing to it and that all of the other points they've made RE ACLH are more pertinent.
"I don't remember the exact wording but it seemed defiant in nature,..."
If "we can confirm" is 'defiant', then so be it.
From email at 3:35 yesterday, 5/15:
"As an inside some members have asked if there was a R/S coming on Monday. We spoke to ACLH today and we can confirm that there will be no R/S this Monday."
"This is also the same group guaranteeing no R/S, right?'
I've not seen the word 'guarantee' used by them, or anyone else in this controversy for that matter.
Interestingly enough, there is no reference to r/s in the latest email unlike in the previous two.
Latest from Penny Stock Chaser
Before taking the pro forma shots at PSC for being a paid promotional/pump service remember that just as even paranoids have real enemies, so to do pumper services sometimes call winners. Measure what they say by what you think you know and make your own decisions.
"The stars are aligned .This could be a monster week for ACLH
ACLH was alerted by PSC nearly two weeks ago. PSC jumped on top of this move and bought stock alongside our members. We are still hugely long on the stock.
Any members who are following ACLH have been making a bundle. All the pullbacks have been met with new buying.
Volume was especially heavy this week starting on Wednesday.
The market is holding it's breath and waiting for possible contract news in regards to the cleanup of the BP oil spill in the Gulf of Mexico.
On Friday ACLH closed up 27.7% @ .06 on Friday on volume of over 50 million shares. The intraday chart on ACLH is very interesting. You will notice that the volume really spiked up @ around 2:30 PM. This buying @ the end could be shorts covering, it could be a leak of news, or it could just be anticipation.
Anyway you cut it, someone was buying a ton of stock and PSC thinks that buying should carry into Monday.
The technical outlook for ACLH really has us dreaming of big profits. www.stockta.com says the last resistance point is .06. If the stock can crush this resistance point on Monday we could be in for something very special.
This stock is perfect for anyone who has experience in the penny game. It seems to bounce well on pullback for traders. It seems to be anticipating a big contract which is good for speculators. Lastly, it is setting up as a great long term play for investors. If ACLH is successful in landing a deal for the Gulf of Mexico oil spill clean up, the stock could make large holders very wealthy.
PSC is looking for news this week. All that volume is not an accident. When news comes it will be like a bomb going off.
We want everyone to remember that there are no guarantees when you buy any stock. That being said, investors want to make sure the deck is stacked in their favour. ACLH is one of the rare situations where that is case. This disaster in the Gulf of Mexico is of historic proportions and ACLH is one of the solutions to the problem.
Our chances to make big money on ACLH are extremely good but do your own due diligence and make you sure you can pocket profits.
If ACLH happens to be one of those rare homerun stocks, you shouldn't kick yourself. If it doesn't, you will be happy you sold.
As for PSC , we are fully committed and we will see this one through to the end."
"Might and could are almost the same."
But neither of them are even close to "is imminent".
I do have a balanced viewpoint, I'm just not overweighting the possible negatives nor fighting the pps trend.
"There is an imminent r/s coming sometime which could cause a selloff."
There MIGHT be a r/s coming. That's what has been in dispute on this board since Friday night. So you now have a 'might' to accompany your 'could'.
There might also be a contract with BP announced at any moment and there might be confirmation that a previously scheduled r/s is no longer in play. Just saying that there's as much of a chance that things will unfold exactly the opposite of what you fear and that holding through to clarity, or adding to your position if pps backs off, may be the best course of action.
Considering how trading days have recently gone for ACLH, adding on the dip, if and when, may be THE best course of action.
"Well i know the R/S is coming."
"Its just so scary not being absolutely sure of anything..."
What should scare you is your inability to maintain a consistent
train of thought within one paragraph!
I'll take you at face falue on your final statement about "not being sure of anything."
Myself, I'll watch for news tomorrow RE possible contract and for clarity on this R/S controversy.
"So you weren't even in the other one?"
Are you kidding? He was one of the chief shills for BUGS while heaping ridicule on ACLH.
"Scottrade doesn't give info on Pinkies !!! They don't want their customers playing pinkies."
I dodn't have an account with Scott Trade. I asked them what info if any that they had on ACLH and a 1 for 30 R/S. They confirmed that there was a "mandatory split" in that ratio with no assigned date. They also gave me that new trading symbol
Now, I am long this stock and have no desire to muddy the waters with fabricated info.
I asked earlier if anyone had confirmation on this info from any other brokers. Someone earlier mentioned a split with their USAA holding. Fidelity had nothing and my share count is un-split.
Some on this board have a juvenile habit of claiming that others aren't telling the truth if the information is not to their liking. Lotta that going around in the Country too, so I guess it's not surprising to find it here as well.
"Unless a R/S happens...then somebody is not being totally truthful it would appear, either the interviewer or interviewee."
What do we actually KNOW at this point?
I called Scott Trade and heard what has been posted here....."mandatory R/S @ 1 for 30...no date confirmed...and new trading symbol ADFJF...no date for trading under."
I spoke with Fideltiy, where my ACLH shares are held and they could find nothing to confirm Scott Trade info.
Has anybody confirmed Scott Trade ACLH info through anyone other than Scott Trade?
Regardless of the accuracy or inaccuracy of the Scott Trade info, the testing of ACLH process by BP and a possible contract with BP remain the most critical events driving the pps through this past Friday. Rumors about the split were in play during the afternoon and did not appear to impede the pps climb.
"id rather be fearful with profit than fearless holding bags."
False choices. A third choice is to calmly assess the risk/rewards in seeing how the pending contract/'pending R/S' and unfolding disaster impact ACLH pps. In other words, falling back on courage rather than giving into fear.
You've rationalized that your fear driven response is "using your brain" and that my response is not.
You've also overlooked whether or how much profit I've already taken, and how much that helps to control fear.
So, false choices, rationalizations and careless asumptions. Other than all that...spot on!
"just taking profit. ths has become a very unstable situation i mean think about it. people are letting there emotions get involved in this stock. people are losing there rationale."
Thank you for posting an object lesson in one of those emotions....FEAR.
"Penny newsletter/email claims vs. Posters' Claims."
I suggested in my post three ways to take the PSC email.
That said, all any of us have are the analaytic skills we bring to the table when it come to analyzing posts or emails.
Throw out the hype and the baselss asertions and make up you own minds.
As for what has happened the past few days? This part of the email makes a lot more sense to me than stubborn asserstions about who BP can or cannot do business with or a R/S that may or may not have occurred.
"Members have asked us about the probability of a BP contact for ACLH and our only comment is "don't fight the tape". The best predictor we know for business development is the trading price of a stock. If a BP contract were coming you would see a sustained move higher in the PPS of ACLH's stock price and thankfully so, ACLH has been climbing for three days now on gigantic volume."
"The morale that I get out of that article is that the flippers are making off well playing the stock the way you should(not marrying it)."
The moral I get is that when you pretend to be the sharpest pencil in the board box it helps if you can spell and if you refrain from assuming what other investors/traders are doing with their shares.
Like I said we're probably not 36 hours from knowing if you'll be back here as a posting 'magpie' sitting down for a cannibalistic repast.
Here is the substance of a PSC email that arrived moments before the time stamp on this post. Take it worth a grain or a tar ball or as gospel, I don't care. But if you don't have contradictory evidence to what is stated here, don't waste my time or yours by starting another running gun battle about authenticity of sources, ESPECIALLY in light of some of the nonsensical speculation that has appeared so often on the board.
"Despite two pullbacks yesterday, ACLH has rebounded solidly and made members some trading profits by buying any dips. ACLH had another crazy day on Friday. The stock closed up 27.7% @ .06 on staggering volume of 50,778,100 shares.
ACLH has a solution to deal with some of the clean-up efforts which will be essential to getting the Gulf of Mexico back on it's feet after the BP oil spill disaster.
President Obama is getting more forceful with BP in the press and the entire mess threatens to become a political football as well as a financial and environmental nightmare for all the involved parties.
http://www.reuters.com/article/idUSTRE64E1UU20100515
BP and the government are going to have to pay billions to clean this mess up. An army of workers have been mobilized to deal with the clean up. All they need now is ACLH's product.
http://blog.al.com/live/2010/05/job_available_for_oil_spill_cl.html
The market keeps looking for a contract for ACLH from BP. Rumours abound in chat rooms and trading rooms that ACLH is about to get a BP deal. Rumours sometimes turn out to be true. Members have asked us about the probability of a BP contact for ACLH and our only comment is "don't fight the tape". The best predictor we know for business development is the trading price of a stock. If a BP contract were coming you would see a sustained move higher in the PPS of ACLH's stock price and thankfully so, ACLH has been climbing for three days now on gigantic volume. The market is telling us that something big is coming. PSC is watching and waiting like all longs for a BP deal. We are not sellers of stock @ these levels and we are looking for BP updates to send the stock into a .10 to .12 trading range.
The last PR from the company set off this flood of buying. Members should re-read the PR to get a feel for the upside for ACLH.
British Petroleum (BP) Requests Field Tests of ACT Clean Technologies, Inc. Fluids for Gulf of Mexico Oil Spill Remediation
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-prCL03376-U%3aACLH-20100512&symbol=ACLH®ion=U
As an inside some members have asked if there was a R/S coming on Monday. We spoke to ACLH today and we can confirm that there will be no R/S this Monday.
Please remember to do your due diligence on ACLH.
"No you guys are talking about the water and the sand and the now the ships. I can read.
if you really could read then the sticky post on the press release
should help you, regardless of what you think "people are talking about".
As for your assertion that 'pinkyland' ipsso facto renders the press release a likely fabrication, you've got nothing to back up you inference that this particular PR is false.
When news of a contract with BP is released will you return for a helping of oil soaked crow?
"American Petroleum Solutions, Inc., has been requested by BP to conduct field tests of ACT's patented cleaning fluids for the removal of oil residue from hard surfaces, including such things as the hulls of ships and barges, docking facilities and rocks along the shoreline."
"Look at the new previous post. You don't throw money to the wind.'
Begs the question about BP's request for a test of ACLH product.
"Edit: Keyword being "logic" in the business sense"
Your speculation on liklihood of business contracts awarded as a linear relationship to size of awardee is simplistic guess work.
BP is well aware of the size of the company whose product they asked be tested. Really imagine that they would waste their time testing if a business relationship was impracticable?
The product being tested by BP is NOT an underwater, chemical dispersant but rather a non-chemical hard surface oil remediation product. Every reference to dispersants on TV has been to chemical dispersants, and most recently...underwater chemical dispersants
As for the National Contingency Plan Product Schedule, Would BP be 'testing' a product that they couldn't use in the present crisis? And how to explain prior use?
"Current APS clients using its technologies have already included some of the largest oil and gas companies
in the US, including:
Conoco Phillips, Exxon Mobil, Avon Petroleum, Valero Petroleum,
BP (British Petroleum) and the US Navy Petroleum Reserve."
May 12, 2010 - New Orleans, Louisiana - PRNewswire-FirstCall -- ACT Clean Technologies, Inc.
(Stock Symbol: ACLH, Web Site: www.ACTCleanTech.com) announced today that British Petroleum
has requested field tests of ACT Clean Technologies, Inc. fluids for remediation of the Gulf Oil Spill damage.
Ancon Marine, Inc., a contractor which sells fluids for ACT's wholly-owned subsidiary, American Petroleum
Solutions, Inc., has been requested by BP to conduct field tests of ACT's patented cleaning fluids for the
removal of oil residue from hard surfaces, including such things as the hulls of ships and barges, docking
facilities and rocks along the shoreline.
ACT Clean Technologies, Inc. CEO, Russell Kidder, stated,
"If we successfully remove the oil residue from these hard surfaces as we have previously done in
other remediation projects, we believe that BP will order our fluids to assist in the remediation of the
continuing damage occurring from the recent oil well explosion in the Gulf of Mexico."
" And I think one of the prices eventually is fewer foot soldiers and more automation."
On the other hand, Ike believes that the local businesses well below the Fortune 1000 are going to be among the best prospects.
Currently there is a 'promo code' for each reserved company brand or key word. I would expect that it will be advantageous to retain those codes and have them linked to individual Ambassadors to encourage continued propecting and residual business.
Additionally, as we become more knowledgeable, it may be helpful to customers to have personal guidance in the choice of key words, changing key words for time sensitive promos and who knows what for future 'phases'.