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people keep saying that they didnt work with the SEC before the suspension, where your proof they didnt people keep saying this and more but no one can back it up. i know everyone says its only makes sense they did before suspension , like i have stated before common sense and the government are two things that should never be used in the same sentense.
they might not have done everything right but that doesnt mean that its a scam.
i'm with you guys I'm getting really pissed about no PR but when i talked with IR yesterday they said that when the PR is released we will understand why they couldnt release one sooner, and said he was told whats the PR will contain when its released but isnt allowed to talk about it
at this point I dont know what the beleive, all i know is i"m dont 90% of my orginally investment and I'm getting more and more upset about it
spoke with IR again
I was told that in the meeting yesterday they were told that they will release a PR that will be really really good, that will setting and answer all the SEC questions , get share holder confidence back and will be just in general great for the company
he knows whats coming and all he could say is it will be GOOD
but they cant release it until they have everything cleared with the SEC because requested doucments are still being sent.
also he was able to mention that in the past people that have posted saying she ruined the CC and that they shorted , or they called the SEC there information has been gathered and given to the SEC as part of the investigation
I dont know what that will do but I'm sure those individuals will be looked at by the SEC
also he did mention that they were aware that posters or Ihub, yahoo and other boards and websites were slandering the company and it's officers, and partners , and will be in contact with there respective websites
he stopped after that.
IMO with them giving information about the shorters making bold statements like they did to the SEC I wouldnt be surprised to see them take action against people slandering them and the company , they might even take legal action. IMO
so be careful everyone.
also when we talked I told them about a potential business oppertunity for using there bioclean products ( a realistic one ) they took all the information and said they we'll get in contact with them within the week.
A family member knows this person persoanlly so I'll know if they get in contact with them or not. that will show if they are real or not.
when i asked about the merger with bioclean, he said if there is one or if there isnt one he cant talk about it because its illegal to do so.
it seemed like to me that he was trying hard not to let anything slip out
still no idea when PR will be out but he said from what he was told at the meeting yesterday when it is released it will be big and he couldnt talk about any of it.
sorry if it came out that way I wasnt trying to say its funny with whats going on with the shares,
I just thought it was funny how you two went back and fourth and the whole concept of opt-in and out
your right so would I
but with the SEC they dont tell you anything , its just wait and see
even if you give them everything they ask for would they close the investiagtion, we dont know so would it be safer for them to be more careful
because they run the company if they get in trouble it affects the company like we recently saw
I would like them to be extra carefull right now but only if it mean we get a good PR a really good PR when its released If not I'm going to be pissed and I'll start attacking the company personally
but you cant hold it against them can you, I know you want a PR or any kind of information. GOD KNOWS I DO TOO.
but if you were in that position wouldnt u tread lightly too. WE all know the SEC wont comment, as for ACT I'm sure they want to put something out but with being on the sec radar i bet they are second guessing themselves
I know I would and everyone else out there would too, and if you say you wouldnt your lying to yourself. I'm sure they will put one out and it will be a good one thats been looked over by there lawyers 10 times to make sure every I is dotted every T is crossed and the margins are spaced the same on both sides , everying is aligned right , etc,,, you get the point right
but I'm with you that not putting one out doesnt look good but give them a break I'm sure they're craped themselve a few times already after the SEC ACTION haha
who said anything about a merger meeting everyone is just assuming that they work close with Bioclean and I'm sure what ever happens with ACLH will affect them too, so why wouldnt they be in on the meeting.
it has nothing to do with a merger
YES they were both in the meeting together, from what I was told this morning
he's always been good with me about returning my calls
he called me back 20 minutes after I left a message this morning
SPOKE WITH ACT IR
I spoke with him just now and he told me he couldnt talk much right now because he was going to a meetting with the CEO, and all the other higher ups and will be in the meeting the rest of the day
he said he would call me back tomorrow morning and fill me in a much as he could.
its west coast they are 3 hours behind call after 12 pm eastern
the sites up and running it was down for a couple of minutes but its up again
thats the point we dont know if they did or they didnt
it would be common sense if they had but tell me where common sense tand the government come together
and if they had called they would have know. because the a VP at arcon took the samples to the command center himself. when a person post that on here a while back i want to find out myself so i called and he told me the same thing.
one call on my part a normal person got that answer so if the SEC called dont u think they would have gotten more info.
so yes please post it to prove your point
i read the the sec release it didnt say anything about it didnt release any reply or answers from the company from what i can rememeber.
if the SEC was really doing there job then why didnt they look for PAtent at the patent office which took me all of 3 minutes online. i'm sure they could do it faster since its the SEC
thats one point that they were concerned about. another was working relationships with Ancon and its partners could have been easily checked up on by calling Ancon personally 15 minutes or checking TAX returns probably 5 minutes for them because they are probably contected to the IRS database. most of the conerns could have easily been proven wrong if they did there job.
and i know alot of you will comment its not there job to do it its the companies job, but NO where I mean NO WHERE i've been or read does it say the SEC will contact them before a suspension. PLEASE SHOW ME WHERE I"VE ASKED MANY TIMES ON THIS BOARD TO SHOW ME WHERE THEY ARE GETTING THAT INFO but NO ONE EVER DOES.
SO just like everyone else yours are theories unless it's proven with actual evidence
you might state past cases but thats the past each case is different what happened in the past might not work with this case.
look on the sec site they earily state a vast majority of the information they get concern companies and taking action against them come from individuals like i have stated in the past a # of people call and say this is a scam they have to look into it under there bylaws
because its patented also come on u know already new that
ass for the product why they didnt make it if you ran a company would u make a crap load of something that there isnt a written agreement for. once they do get it they can make it quickly which is a good thing considering that the other companies needs weeks to months to do
the price is dropping , and it keeps droping and i'm wondering if they are planning on doing something to counter it.
i tried to call them find out more about the company and to see where they are going in the future and what they have planned
but they just dont want to return my calls
i've called 3 times 3 days in between each call
thats not a good sign in my book when they dont even care to answer investors questions
and as for your comment i got shares in this company because i beleived they had the potentional to make me money
them not calling back makes me beleive that less and less
what changed your mind, alot of people think this company is a scam
just wondering what changed for u? is it because u'll still holding shares or was it something else
the product they make and can make every quickly on site from what I've been told, what they contract out is the work, so they can give it to any of the contractors that are already in the gulf if needed too.
so what does the company plan on doing in this sitution
I've called them a few times and left messages and I have never gotten a call back
READ and DECIDE YOURSELF
I talked to Ares again yesterday for a good while
The China rumor that was going around theres no truth to it
but he did say that would be a great oppertunity for the company.
but as of now he hasnt heard a single thing about it
I know in the past I've put up detailed accounts about my convos with him, but this time I cant
JUST KNOW THAT after talking to him GOOD THINGS ARE COMING because they have been getting calls from certain very big individuals inquiring about there product. but until the central command testing (EPA) approves it for toxcity levels with there own tests things are on hold but onces it gets down which it should because they are approved in CALI and if anyone thats ever tried to do anything there in that state knows how hard it is too, because they have higher standards/ requirements then any other state. things are going to move very fast IMO
IF what they say is true and they can get back on pinks I'm very realistically concidering buying perffered shares but thats a long ways away and alot can happen between now and then
heres to hoping for good things
LEAVE ALL QUESTIONS FOR ME
I'm going to call him later and talk to him some more
whatever questions you have I will ask
I will post a detailed reply here like i have in the past
but for right now I"m going to go watch THE KARATE KID with my little BRO
as of wednesday night and 24- 48 hours was time frame they were looking at to possible get everything done to add the good news to the pr thats why they were waiting , if they couldnt get it done in that time frame then they would just have a general pr then the good news in a later pr
hahaha good one TAVY I like you again anyone with a sense of humor is good in my books.
I want to get your opinion
first off you were right the price did tank,
what do u think the chances are it will go up again
from what I was told by IR the company looks promising with small contracts coming in
but what everyone is hoping for the BP contract is looking slimmer every day
but other smaller ones are coming in because of APS and it seems like the company will be profitable
do u think the price will rebound in the long run
daddy from what I was told have 2 jobs they are just waiting to start and 3rd in the works each job is suppose to be for 250 or 500 barrels a day for clean up, at $18-$20 per barrrel thats , i ant remember the # i was told for each of the 2 jobs, and they have more jobs like that coming in. and how that they dont have to sub contract that should increase there renvue too . its a big step there taking from just being a supplier to actually doing work themselves the company can grow alot this way
Daddy you been hard on ACT but you've also been fair to them too, this being one exmaple wish we had more people like that on here
how much money does BP spend every year lobbying and paying for judges, senetors, congressman, and even the president to get elected you think the GOP or the DEM's are going to do anything to there cash cow, they are protected.
also shorting was one red flag , another was how much ACT was being pumped in news letters and emails just like 3 years ago SEC is crack down HARD on that kind of pumping. they want to hurt the pumpers so they stop doing that. they have done it in the past, go back and read about it. also on sec page it say majoraity of there information on weather to investigate a company comes from common people/investors. so if they have a certian # of complaints then they take action. SO basically if we get 50 people to call in and say XXXX company was a scam and shady, if you were working at the SEC wouldnt you say maybe we should check up on this , because 50 people called saying something is wrong ( example)
even if it was pumped so much doesnt mean it was a bad company that did things wrong.
everyone says that the SEC contacted them before hand and they are lying that they didnt. how can u be sure they did. where does it say that the sec will contact them before hand to get information
from my understanding they dont let anyone know they are investigating until they suspended trade. the reason so the company doesnt destory docs and such.
SAY it was a scam company the sec asks can u prove this or this what do u think they will do...... destory everything and get the hell out of dodge. so when they say they didnt get contacted I'm willing to beleive them 75%
just for the fact that they have been so good ( extremely good) at getting back to average investors like me and everyone and talking to us until we are satisfied and they did this even before the suspenion, because before i invested in the company I did talk to ares for over an hour to learn what the company is doing and where they are going. again this was before the suspenion so it's hard to beleive if they got a call or a request from the SEC they wouldnt reply back and then lie about it.
if someone out there finds somethng that say they do give them a chance before hand to prove there claims and post it here. then I will beleive it .
because I will only beleive things I've seen myself
what you say makes sense and should be common sense they should ask for information before supending trade. but you also have to understand its a goverment agency, common sense .... government... come on who here thinks those two go together. unless its written down and posted somewhere on there site, ( which i've looked for alot but I havent found ) its hard to beleive it.
can you be a 100% sure that SEC contacted them or asked for information
find for me anywhere that says the SEC contacts them first and asks for information and i'll say sorry and give you call my aclh shares
the red flag that the SEC saw was shares being shorted then a complianted was filed so they acted on it because of the shorted shares after which they asked them to prove everything
also from what it says on there site they dont ask or tell anyone before they halt a company they do the halt in order to gather information
Ares is the PR guy from ACT clean HE TALKED TO ME FOR 45 minutes
THE ANSWERS TO YOUR QUESTIONS FORGOT TO ADD a few things ( UPDATED)
MY recent Convo with Ares
I asked about why there wasnt any PR he said he needs to get it approved by Kidder and Kidder wants to run it by the lawyers before release. because of what has happened. and they will release it soon as of yesterday Kidder told him 24 to 48 hours
because they had good news that could be added into the PR so they are also waiting for that reason because they are still working on that. If they cant get it dont in time they a PR will be released soon and the Good News will be released later
I asked if there was going to be a R/S now that the price was low he said that will NOT HAPPEN!!! and it isnt even being talked about
I asked why didnt the company respond to SEC for information before the Halt he said they werent given the chance they NEVER got notice or a request for information. He also said the day before the halt
20 million shares were shorted ( IMO a MM or whoever shorted called in and said they were a scam)
also i asked about the new offering I was told that orginally it was only suppose to be for CALI residents and they changed it and offered it to anyone . they are perferred stocks that cant be converted to common shares for 12 months.
the timing of its approval just happened to be now
also he told me they have just recently been approved to do contract work themselves and meet all the requirements to do so. and they offered those perferred shares to raise capital to get equiment to do so. he had raised a good amount before the halt by the SEC. He said they need 500,000 to get everything and that will give them the ability to get out there and do the jobs as of now hes only raised 100,000
he also told me that that as on right now without any more contracts or the left behind recovery well projects added in , they will have a revenue of $14 million is year ( as of a few months back) and that they will be profitable, he doesnt know exactly how much expenses will be but he said he can almost garauntte it will be profitable and that
he also said they have 2 other jobs they will be starting soon for clean-up that will give them another $1 million plus each in revenue and more similiar jobs are in the works and from my understanding these jobs werent included in the $14 million above
THE ANSWERS TO YOUR QUESTIONS
MY recent Convo with Ares
I asked about why there wasnt any PR he said he needs to get it approved by Kidder and Kidder wants to run it by the lawyers before release. because of what has happened. and they will release it soon as of yesterday Kidder told him 24 to 48 hours
because they had good news that could be added into the PR so they are also waiting for that reason because they are still working on that. If they cant get it dont in time they a PR will be released soon and the Good News will be released later
I asked if there was going to be a R/S now that the price was low he said that will NOT HAPPEN!!! and it isnt even being talked about
I asked why didnt the company respond to SEC for information before the Halt he said they werent given the chance they NEVER got notice or a request for information. He also said the day before the halt
20 million shares were shorted ( IMO a MM or whoever shorted called in and said they were a scam)
also i asked about the new offering I was told that orginally it was only suppose to be for CALI residents and they changed it and offered it to anyone . they are perferred stocks that cant be converted to common shares for 12 months.
the timing of its approval just happened to be now
also he told me they have just recently been approved to do contract work themselves and meet all the requirements to do so. and they offered those perferred shares to raise capital to get equiment to do so. he had raised a good amount before the halt by the SEC.
he also told me that that as on right now without any more contracts or the left behind recovery well projects added in , they will have a revenue of $14 million is year ( as of a few months back) and that they will be profitable, he doesnt know exactly how much expenses will be but he said he can almost garauntte it will be profitable and that
he also said they have 2 other jobs they will be starting soon for clean-up that will give them another $1 million plus each in revenue and more similiar jobs are in the works and from my understanding these jobs werent included in the $14 million above
ANY QUESTIONS AT ALL FOR ACT
i'm on hold last chance
I'll ask and post the reply for you
on hold with ACT right now any questions people want answered
all it take is one sell at a lower price and we're there
look at what the 100 share sell did earlier
someone is doing it on purpose
if they can do it with small trades like that why cant we do it to bring the price up lol
i guess we're going down into the 2's
someone needs a good beating
yesterday i was able to pick up shares at .002, .005. .008
and i was able to sell them at .015, .012 and .013 I was able to make back all my orginal investment because of yesterday and i'm still holding 266000 shares ( orginal investment) if it goes up I make money if it doesnt i dont lose anything
so heres to going up
i wont be selling here i'm in for long if i had money I would buy but ACLH took everything I had , everyone says in the next leg this is going to be .16 or .24 if it happens then i make everything back so I'm definately not selling
but its just got me a bit worried you never want to see the price fall like that , when the base was suppose to be at .04
whats going on here. ask is .035 and bid is .03
i got bad feeling about this
its going to be in the .02's soon
HSCC NEWS BIG NEWS ANY DAY NOW
its been accumalating for a while now with a strong base
with news coming its going to be a easy 4-bagger maybe even more
and the company just bought back 18 million of its own shares saying we beleive the price is really undervalved and we cant find a better investment then our own company
that says volumes
other boards are starting to pick on it too