is Makin' Money - This Is How I Roll
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Posted on ACMG's web site this morn.
I know it doesn't say anything, but it's a n NR that mentions ACMG - maybe draw in more investors
http://www.redinews.com/cgi-bin/showart?article=I128inw0104
MBL
we DO know his source.
go back a month or so, and read his posts
MBL
Real - the number or SIAM deal finalized?
MBL
did anyone try to call the dr.?
and if we get a positive NR this week I'll change mine to MrBigWinner - hehe
Thanks Bethany!
MBL
Thanks Bethany.
If we read between the lines, MN1 has been in contact with Dr. C, since his email for missing the interview?
ACMG has changed TA because of BHUB?
Neither of the above would happen if Dr. C was fleeing and scamming.
MBL
Posted by: BethanyMAnderson
In reply to: qazwsx who wrote msg# 21033 Date:5/6/2007 8:14:55 PM
Post #of 21082
I did miss it, sorry.
It wasn't so much what the reporter was asking, but several things that I'm not sure I'm allowed to divulge. The ending of contact had nothing to do with ACMG business, if I can explain this as vaguely as possible, but more along the lines of displeasure regarding some comments made by someone else
Posted by: qazwsx
In reply to: qazwsx who wrote msg# 20823 Date:5/5/2007 12:08:01 AM
Post #of 21081
And If I read betwwen the lines what Beth of MN1 said yesterday that one of their reporters was in contact with Doc and still the overall scenario doesnt change tells me that Doc was not able to provide reasonable answers to the MN1 reporter's querries. That hancock guy on MN1 is an idiot but others at Mn1 seemed reasonable and were asking the right questions.
Beth can correct me if I have jumped to wrong conclusion here.
And this could be one of the reasons why no follow-up interview on MN1 because Doc would have gotten the same type of questions during live interview
Maybe I should have explained why I posted the two NR's below.
BTW, anything below other than quoted from NR's is "my opinion".
1) There seemed to be a never ending debate whether Alcar was acquiring an existing building\plant or building a new one.
The NR below makes it clear that they acquired an exiting building. It quite plausible to assume that this building is located on an existing companies land in the park (maybe Société PCI Chimie?). That would explain why the park management has no knowledge of Alcar moving to their park.
2) In the 2nd NR below, they stated "decision to separate administration and operations is mainly based on economy".
If so, then obtaining a new building for the reactors wouldn't cause them to move their administrative office.
Plus, unless or until, they could sub-lease now is not the time to be wasting money.
The only reason I could see them moving their administrative office, is if they scraped the plan to build the first reactor in Canada (to build in SEA), and thus moved all operations to SEA.
MBL
----------------------------------------------------------
Posted by: slimpickens
In reply to: MrBigLoser who wrote msg# 21057 Date:5/6/2007 7:56:28 PM
Post #of 21077
Mr.bigloser, That PR was put out before AC and Siam found each other. Everything changed when they came aboard.
----------------------------------------------------
Posted by: MrBigLoser
In reply to: MrBigLoser who wrote msg# 20613 Date:5/6/2007 7:31:57 PM
Post #of 21076
November 9, 2006 NR:
The procedures for the acquisition of our facility are proceeding slower than foreseen but the delays will not affect the overall schedule as we will be moving into an existing and well-suited building. The facility is in the Parc Industriel et Portuaire de Bécancour, near Three Rivers, in Quebec, Canada. The facility is comprised of an existing 25,000 sqft building situated on a 370,000 sqft lot and its convenient location by the port offers access to shipping, rail and highway as well as an adequate pool of qualified labour.
-------------------------------------------------------------
August, 2006 NR - they signed a long term office lease last August and are already moving out???:
Facilities & Operations -- we concluded a long-term lease and will be moving into our new administration offices on the coming Monday. With savings on initial office set-up as well as significant long term cost savings, the decision to separate administration and operations is mainly based on economy.
The decision to separate operations and administration resulted in almost half a million dollars in up-front cost savings.
MBL
November 9, 2006 NR:
The procedures for the acquisition of our facility are proceeding slower than foreseen but the delays will not affect the overall schedule as we will be moving into an existing and well-suited building. The facility is in the Parc Industriel et Portuaire de Bécancour, near Three Rivers, in Quebec, Canada. The facility is comprised of an existing 25,000 sqft building situated on a 370,000 sqft lot and its convenient location by the port offers access to shipping, rail and highway as well as an adequate pool of qualified labour.
-------------------------------------------------------------
August, 2006 NR - they signed a long term office lease last August and are already moving out???:
Facilities & Operations -- we concluded a long-term lease and will be moving into our new administration offices on the coming Monday. With savings on initial office set-up as well as significant long term cost savings, the decision to separate administration and operations is mainly based on economy.
The decision to separate operations and administration resulted in almost half a million dollars in up-front cost savings.
MBL
yes I do.
Whether ACMG was using USSE for leverage, or whether the USSE deal was legit, there was a deal in the works.
ACMG would be the stupid ones if they terminated their agreement with USSE, watched there stock price plummet, let SIAM control them, silence them, and discredit their reputations, for an extended period of time, and potentially come away empty handed if SIAM walks away from the deal.
MBL
Posted by: jerseyboy
In reply to: MrBigLoser who wrote msg# 20614 Date:5/3/2007 8:31:10 PM
Post #of 20626
Do you really think Siam would be that stupid?
Posted by: MrBigLoser
In reply to: MrBigLoser who wrote msg# 20613 Date:5/3/2007 8:19:04 PM
Post #of 20626
Question:
If SIAM has 7.2 million dollars in escrow, and SIAM backs out of the deal, wouldn't it be logical to assume, that ACMG would have a clause keeping part, or all, of that initial 7.2 million?
Then they wouldn't need Siam or any other company to finance them.
The company stated it has received confirmation that the initial investment -- injected by Siam Renewable Energy Group in the form of a convertible loan bearing no interests or capital repayments for 24 months and automatically convertible into shares at the fixed price of $1 per share with the beginning of operations of the first plant -- has now been placed in escrow, awaiting final closing of the definite agreement for release.
MBL
Question:
If SIAM has 7.2 million dollars in escrow, and SIAM backs out of the deal, wouldn't it be logical to assume, that ACMG would have a clause keeping part, or all, of that initial 7.2 million?
Then they wouldn't need Siam or any other company to finance them.
The company stated it has received confirmation that the initial investment -- injected by Siam Renewable Energy Group in the form of a convertible loan bearing no interests or capital repayments for 24 months and automatically convertible into shares at the fixed price of $1 per share with the beginning of operations of the first plant -- has now been placed in escrow, awaiting final closing of the definite agreement for release.
MBL
Sometimes its good to re-read the NR's:
"With my primary duties, protecting our shareholders' value and securing the implementation of our first plant, now completed , I am ready to take on new challenges," stated Dr. Cavasin. "I am both honored and humbled by the position I've been offered, it is giving me the opportunity and the tools to accomplish far more for our environment than I would have ever thought possible," further added Dr. Cavasin.
According to the company a smooth transition period can be expected as Dr. Cavasin has been given the opportunity to share the task of nominating a new CEO and a highly competent candidate with a proven track record has already confirmed his interest to the executive committee.
The company also stated that a joint press release with BHL is imminent, reiterating that both IR departments are actively collaborating on finalizing the statement.
MBL
I'm not going to enter the debate whether or not you should have posted Jen's personal email on a public board, but I do think it is very wrong, for a moderator or anyone else, to post someone's personal email address, without their prior approval.
MBL
I'm sure a disgruntled Steven Sung would be singing like crazy, if MN1 lined up an interview.
As do most of you (as potentially verified by posters today), I doubt he is still their IR, but emails to Steven@alcarchemicalsgroup.com do not bounceback.
This would mean his Alcar email is still active. Having said that, if someone is checking that email account, it's probably not Steven - hehe
MBL
Hopefully you are correct Jack.
If so,that would mean your post from awhile back (reposted below) might be worth looking into again.
Especially since the company below generates 9000 cubic tons of hydrogen by-product each year
MBL
Posted by: Jack E-T
In reply to: None Date:4/13/2007 3:31:32 PM
Post #of 18025
Another possibility...I have studied the web site of the Bus. park in Becancour. All of the available sites that are listed don't fit the size stated by Dr. C. nor do any have an existing building on them. So, to negotiate a deal for a lot with a building already on it, Alcar would have to negotiate with owners of an existing lot, not the managers of the business park.
One other posibility sub lease a parcel of a large existing plant that has unused area of there plant as most companies will overbuy land to allow for expansion. One that fits this idea is Socite PCI Chemi Canada. It is located on 180 acres, so Alcar's megar 8 1/2 acres may not be a mojor imposition, area wise. As a bonus, a byproduct of PCI's process is Hydrogen. It just so happens that alcar needs hydrogen for their process. A win win for both companies. No transport cost of hydrogen for Alcar, Captured customer buying your hydrogen. I have seen simalar type arraingments along the ship channel industry here in Houston
Posted by: MrBigLoser
In reply to: jerseyboy who wrote msg# 18030 Date:4/16/2007 8:51:23 PM
Post #of 19895
Société PCI Chimie Canada
675 boul. Alphonse-Deshaies
Bécancour, Québec, G9H 2Y8
Tel. : 819 294-6633
Fax : 819 294-9816
www.piona.com
http://www.piona.com/locations/becancour.asp
http://www.spipb.com/english/parc_industriel/details.php?fiche=44§ion=entreprise
Finished Products Annual Capacity
Sodium hydroxide 350 000 metric tonnes
Chlorine 310 000 metric tonnes
Hydrochloric acid 170 000 metric tonnes
By-products Annual Capacity
Gaseous hydrogen 9 000 metric tonnes
Raw Materials
Salt
Investment Employees
$200 000 000 165
Area
73 hectares
Background
First large company to be established in Bécancour in 1974.
Business Description
Products from the electrolysis of brine are obtained by dissolving salt in water.
Market
Chlorine is used in the purification of potable water and the manufacture of solvents, insecticides, herbicides, PVC, plastics and medicines.
Sodium hydroxide is used in the metallurgy, petroleum, paper and paint industries.
Environmental Protection
Société PCI chimie Canada has distinguished itself many times in the field of environmental protection.
Contact Persons
Pierre Ducharme,
Manufacturing Director - Canadian Operations lucie.leveille@piona.com
Michel Garant,
Engineering Manager lucie.leveille@piona.com
Claude Giguère,
Production Manager lucie.leveille@piona.com
from page 8 of the business plan:
Environmental Considerations
ACMG’s proprietary technology will not in any way constitute an environmental danger. The resulting by-products of ACMG’s
biomass conversion process, for which feedstock may include any type of organic waste, are mainly heat and hydrogen which
are readily reintegrated into the process. A small amount of CO2 as an additional by-product is recuperated and valorised. The
resulting fibres from the feed-stock are inert and may be valorised as filler materials for roads and construction sites.
ACMG’s process falls directly within the scope of worldwide sustainable development initiatives.
Big
Fredo, did you read my posts 18027 and 18031?
They were primarily directed towards you, since you are close to the park.
MBL
its nothing.
if you google "Global Entertainment Holdings/Equities ACMG", you'll see that it relates to posts dated march 23, 2007
MBL
I just finished watching a show (The Agenda) on TVO titled Ethanol and Biofuels.
It was an hour long show and I only caught the last 20 minutes but I think you can watch it on the Internet:
http://www.tvo.org/cfmx/tvoorg/theagenda/
Basically a round table discussion with members from USA and Canada (gov't, farmers, and college profs).
The main thing that stuck with me was that using corn and wheat are not economically feasible - corn cheaper than wheat but neither profitable. Initially temporary subsides were put in place, way back when oil was $40 a barrel. Now that oil is $65, they still need the subsidies.
estimates that subsidies to biofuels are between $5.5 billion and $7.3 billion a year in the U.S.
They stated that cellulose and switchgrass are the only current viable options (Remember I missed 2/3's of the TV show, so...), but noted that it takes 29,000 gallons of water to rinse the husk off the switchgrass and it only grows in hot, humid places like the rain forest (I'm hoping it can also be grown in SEA but haven't researched it yet).
US Gov't Biomass Program:
http://www1.eere.energy.gov/biomass/
They never mentioned sugarcane, which I'd imagine is the best option.
anyways, this post is neither pro nor con, just trying to be informative
MBL
Years down the road, you drive up to a fuel pump and notice that the labels have changed. Instead of "regular," "midgrade," and "premium," the pumps offer "poplar," "willow," and "switchgrass."
Thanks a bunch grantg2!!!
I appreciate it very much.
MBL
There are members on this board who are also USSE shareholders, so I will let them comment on how USSE would have come up with $280 Million.
We would all like to have answers, to the questions and valid points you've listed below, and obviously wished the company would be more forthright and transparent but...
ACMG had a MOU and was about to sign a LOI with USSE.
Do you think they said..."Hey, let not sign this deal with USSE that would give us the money needed to build our reactors. Instead, let's ruin our company, our replutations, and our careers, by creating this fictitious consortium group, breaking off talks with USSE, ditch Select American Transfer, prevent Steven Sung or anyone else from releasing any NR's, and watch our share price crumble. Maybe even schedule a live interview with MN1 and not show up. Yeah, what a SCAM that would be!!!
I know there are alot of unknowns since SIAM came into the picture, but if the deal had fallen thru, I think things would be back to the way they used to be, with the IR and the company updating shareholders.
It sucks not knowing what is going on but...
Big
Posted by: qazwsx
In reply to: None Date:4/21/2007 8:35:26 PM
Post #of 18995
We have A-M that cant be reached or verified.
so the board answer is that they dont want to be disturbed.
We have Siam that cant be verified.
Board doesnt have the answer at the moment
We have new office that we dont know which part of the world it is in.
so the board answer is its in transition therefore we dont know
We have lawyers who worked or are working on this merger but we dont know who they are.
Board think its the existing law firm but we are not talking to the right person
We have engineering firm working on the plant but we dont know if its Genivar or not.
Again b oard thinks we are not talking to right folks .
We have a plant location that we are not sure neither the company responsible for running the industrial park knows where it is
Board thinks its within the premises of the existing company on the park.
We are not getting answer because we are in the quite period.
Board thinks the company is not even suppose to anounce the whereabout of the new office because it will be SEC violation.
Everyone else (except the board) has been given special phone number to contact IR and office of ACMG for normal business operation (day to day operation-afterall its a running business). its just that they will not pick the phone listed as company phones on the website (very smart of them).
And life is so simple
No Problem Jenthico.
So... just trying to clarify some things and adding my thoughts:
1)SIAM gets its 55% control of the company over 4 years, and does not receive any shares at all until March 2008 - correct?
2) Dr. C's 68 million, and their voting rights are in escrow (i assume these voting powers are in limbo - comments???), and transferred to SIAM after the deal is finalized. Then SIAM will, over time as milestones agreed upon are met, give them back to Dr. C
3) Therefore, unless SIAM has bought shares in the open market, legally and\or officially, they do not have control of ACMG. Having said this, it's my opinion SIAM is now running the company. It's also my opinion that they have been buying as many shares as they can on the open market.
4) Most of us on this board strongly believe that dilution has not, and is not, taking place.
5) Most of the people on this board also strongly believe in Dr. C's abilities as a scientist, and that he is a trusting, honest person. He would not risk his reputation and his career by trying to SCAM shareholders.
6) Therefore, it is my opinion, that there are two main options (SCAM is not one of these options).
Option 1: All NR's have been factual and the deal will be signed on or before May 7th.
Option2: The deal has fallen through for one reason or another.
I choose to believe, based on the above, that SIAM is real and SIAM is running Alcar. Otherwise, if the deal has fallen through, Dr. C has too much integrity and shareholder empathy, to leave us in the dark by not releasing this info in a NR.
MrBigLoser
it does and can happen.
look at the chart for NNRF.PK
In the past 5 weeks the share price has gone from 0.003 to 7.83
http://stockcharts.com/h-sc/ui?s=nnrf
I stated "my Take" so just speculating and being optimistic
:>)
if you look at the investor FAQs in the share structure plan, as I mentioned in my previous post, it states that Dr. Cavasin's 68 million shares are now in escrow, and will be transferred to the consortium, including the voting power attached to these, until the milestones agreed upon are met.
So, it states they are transferred to SIAM with voting power, but are the voting powers in escrow, or in the hands of SIAM?
It is also stated in a NR that the 7.2 million is also in Escrow. I would think that that money would need to be taken out of escrow and used to start buying the plant ASAP.
Big
I think everyone needs to re-read the agreement.
Answers to some questions about dilution and Cavasin's shares are there.
Siam doesn't get any shares until March 2008 and they are then restricted for 2 years.
Also read the investors facts page about share structure, now and four years from now.
I am unclear as to who gets voting power over Cavasin's shares - maybe someone has this answer.
Also, my take on SIAM buying 30 Million shares: they have bought already and shareholders who bought before March 30th are afraid to sell their shares because of the dividend attached to them. So, where is the daily volume coming from????
I also wonder if removing their TA had anything to do with trying to obtain a shareholder list for the Divy. We know that the TA is a little shady.
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.
Big
from page 8 of the business plan:
Environmental Considerations
ACMG’s proprietary technology will not in any way constitute an environmental danger. The resulting by-products of ACMG’s
biomass conversion process, for which feedstock may include any type of organic waste, are mainly heat and hydrogen which
are readily reintegrated into the process. A small amount of CO2 as an additional by-product is recuperated and valorised. The
resulting fibres from the feed-stock are inert and may be valorised as filler materials for roads and construction sites.
ACMG’s process falls directly within the scope of worldwide sustainable development initiatives.
Big
Sent, did u see my post from yesterday?
Maybe gcduck can comment on the hydrogen
Posted by: MrBigLoser
In reply to: Jack E-T who wrote msg# 17602 Date:4/16/2007 8:18:34 PM
Post #of 18279
Thanks pangaeatech for finding this - see Sent, I'm not crazy after all...well maybe I am - hehe!!!
And thanks to Jack for initiallly coming up with this.
This is worth looking into. Much better researching and posting potentially positive info, than people wasting their time and energy with negative posts and talk of SCAMS!!!
I believe Jack is incorrect when he states that Alcar need hydrogen - I believe ACMG produces hydrogen as a byproduct of their biomass. Maybe it would be easier and cheaper to harness and sell the hydrogen, if they two companies were located on the same site. just guessing here.
If Fredoboy is still kicking around, maybe he can check it out, in person. This would explain why the people that run the industrial park have not been dealing with Alcar, SIAM, or Dr. C.
Big
------------------------------------------------------------
Posted by: Jack E-T
In reply to: None Date:4/13/2007 3:31:32 PM
Post #of 18025
Another possibility...I have studied the web site of the Bus. park in Becancour. All of the available sites that are listed don't fit the size stated by Dr. C. nor do any have an existing building on them. So, to negotiate a deal for a lot with a building already on it, Alcar would have to negotiate with owners of an existing lot, not the managers of the business park.
One other posibility sub lease a parcel of a large existing plant that has unused area of there plant as most companies will overbuy land to allow for expansion. One that fits this idea is Socite PCI Chemi Canada. It is located on 180 acres, so Alcar's megar 8 1/2 acres may not be a mojor imposition, area wise. As a bonus, a byproduct of PCI's process is Hydrogen. It just so happens that alcar needs hydrogen for their process. A win win for both companies. No transport cost of hydrogen for Alcar, Captured customer buying your hydrogen. I have seen simalar type arraingments along the ship channel industry here in Houston.
Posted by: MrBigLoser
In reply to: jerseyboy who wrote msg# 18030 Date:4/16/2007 8:51:23 PM
Post #of 18278
Société PCI Chimie Canada
675 boul. Alphonse-Deshaies
Bécancour, Québec, G9H 2Y8
Tel. : 819 294-6633
Fax : 819 294-9816
www.piona.com
http://www.piona.com/locations/becancour.asp
http://www.spipb.com/english/parc_industriel/details.php?fiche=44§ion=entreprise
Finished Products Annual Capacity
Sodium hydroxide 350 000 metric tonnes
Chlorine 310 000 metric tonnes
Hydrochloric acid 170 000 metric tonnes
By-products Annual Capacity
Gaseous hydrogen 9 000 metric tonnes
Raw Materials
Salt
Investment Employees
$200 000 000 165
Area
73 hectares
Background
First large company to be established in Bécancour in 1974.
Business Description
Products from the electrolysis of brine are obtained by dissolving salt in water.
Market
Chlorine is used in the purification of potable water and the manufacture of solvents, insecticides, herbicides, PVC, plastics and medicines.
Sodium hydroxide is used in the metallurgy, petroleum, paper and paint industries.
Environmental Protection
Société PCI chimie Canada has distinguished itself many times in the field of environmental protection.
Contact Persons
Pierre Ducharme,
Manufacturing Director - Canadian Operations lucie.leveille@piona.com
Michel Garant,
Engineering Manager lucie.leveille@piona.com
Claude Giguère,
Production Manager lucie.leveille@piona.com
Société PCI Chimie Canada
675 boul. Alphonse-Deshaies
Bécancour, Québec, G9H 2Y8
Tel. : 819 294-6633
Fax : 819 294-9816
www.piona.com
http://www.piona.com/locations/becancour.asp
http://www.spipb.com/english/parc_industriel/details.php?fiche=44§ion=entreprise
Finished Products Annual Capacity
Sodium hydroxide 350 000 metric tonnes
Chlorine 310 000 metric tonnes
Hydrochloric acid 170 000 metric tonnes
By-products Annual Capacity
Gaseous hydrogen 9 000 metric tonnes
Raw Materials
Salt
Investment Employees
$200 000 000 165
Area
73 hectares
Background
First large company to be established in Bécancour in 1974.
Business Description
Products from the electrolysis of brine are obtained by dissolving salt in water.
Market
Chlorine is used in the purification of potable water and the manufacture of solvents, insecticides, herbicides, PVC, plastics and medicines.
Sodium hydroxide is used in the metallurgy, petroleum, paper and paint industries.
Environmental Protection
Société PCI chimie Canada has distinguished itself many times in the field of environmental protection.
Contact Persons
Pierre Ducharme,
Manufacturing Director - Canadian Operations lucie.leveille@piona.com
Michel Garant,
Engineering Manager lucie.leveille@piona.com
Claude Giguère,
Production Manager lucie.leveille@piona.com
Thanks Jack!!!
Thanks pangaeatech for finding this - see Sent, I'm not crazy after all...well maybe I am - hehe!!!
And thanks to Jack for initiallly coming up with this.
This is worth looking into. Much better researching and posting potentially positive info, than people wasting their time and energy with negative posts and talk of SCAMS!!!
I believe Jack is incorrect when he states that Alcar need hydrogen - I believe ACMG produces hydrogen as a byproduct of their biomass. Maybe it would be easier and cheaper to harness and sell the hydrogen, if they two companies were located on the same site. just guessing here.
If Fredoboy is still kicking around, maybe he can check it out, in person. This would explain why the people that run the industrial park have not been dealing with Alcar, SIAM, or Dr. C.
Big
------------------------------------------------------------
Posted by: Jack E-T
In reply to: None Date:4/13/2007 3:31:32 PM
Post #of 18025
Another possibility...I have studied the web site of the Bus. park in Becancour. All of the available sites that are listed don't fit the size stated by Dr. C. nor do any have an existing building on them. So, to negotiate a deal for a lot with a building already on it, Alcar would have to negotiate with owners of an existing lot, not the managers of the business park.
One other posibility sub lease a parcel of a large existing plant that has unused area of there plant as most companies will overbuy land to allow for expansion. One that fits this idea is Socite PCI Chemi Canada. It is located on 180 acres, so Alcar's megar 8 1/2 acres may not be a mojor imposition, area wise. As a bonus, a byproduct of PCI's process is Hydrogen. It just so happens that alcar needs hydrogen for their process. A win win for both companies. No transport cost of hydrogen for Alcar, Captured customer buying your hydrogen. I have seen simalar type arraingments along the ship channel industry here in Houston.
when I click on your link I get the following:
The feature you tried to use is only available with a Premium Subscription!
I thought it was sometime within the past week.
I would search the word chemicalthru previous posts, but I'd need to be a full member to do that
Sentinel.
I recall someone posting here about another chemical company, with a large piece of property in the Benancour Industrial Park, and that possibly Alcar is building on that site.
They also mentioned something about the other company requires hydrogen, and they could get this from Alcar's biomass byproduct (heat and hydrogen).
Do you recall the company name, and did anyone investigate into this further?
For those who do not know the reason why the plant has to be completed by the end of the summer:
"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[b/], as well as the scale up engineering."
two contracts with A-M Polymers into a single contract worth $160M over a five year period and automatically renewable
According to the company the contract outlines a new delivery schedule starting in September of the current year.
A-M Polymers is presently building their first resin manufacturing plant which will be ready in August. [b/]
OT: A few months ago someone on the Allenergy (ALRY.PK) board mentioned ACMG and that's how I first heard about ACMG.
ALRY almost doubled today, and it wouldn't surprise me if it doubles again this week.
Big
Hey! Don't jump all over my back.
I am not bashing, just repeating what Fredoboy stated and letting you know he lives right by the Park.
I don't plan on selling any of my ACMG shares anytime soon and most likely will accumulate more!
BIg
Posted by: PokerVertigo
In reply to: MrBigLoser who wrote msg# 17388 Date:4/13/2007 11:03:49 AM
Post #of 17423
Yeah, I guess USSE also got duped then?.. Please stop indulging incredibly dubious redherrings like "office doesn't exist"... Do you know how many investors there are here from montreal?... The price wouldn't sustain the price it has if this was all a crock.
fredoboy lives 15 minutes away and says there is no Alcar Chemicals, ACMG, or the French language equivelent in that Park or moving into that Park. No Siam.
see posts 16824 and 16818
i'm not certain there would be anything to see, or anyone to speak with :()