I have never heard of a Tobago specific faciltiy. I think some confusion may have come from the fact that the island is commonly referred to as "Trinidad and Tobago".

Someone may have inferred that there was to be 2 facilities on 1 island......I doubt that. I think Trinidad is what we will get for now.

In the United States and several other jurisdictions, trading conducted by corporate officers, key employees, directors, or significant shareholders (in the U.S., defined as beneficial owners of ten percent or more of the firm's equity securities) must be reported to the regulator or publicly disclosed, usually within a few business days of the trade

http://en.wikipedia.org/wiki/Insider_trading

I doubt that.....but he has pr'd that he was buying in the open market during a time period where the stock was trading significantly higher than these levels.......so if he is selling at the 4-5-6 level, that would just make him too stupid to live......and we have verified that his is living.......soooooo

That is untrue. He is a registered insider. Any transaction he makes is governed as such. It has no bearing on when he bought the shares. When he sells, he must file - period.

Yes, we did.

Some big spender just bought $5.00 worth....

I agree completely. I have commited a large percentage of my personal resources into this stock. I am very confident of continued gains. I am up considerably already, and am looking for that trend to continue.

We just need ARCA to move up a few. That is a massive bid.

The last PR stated they were upgrading to new equipment from Europe.

That is some exciting DD.

This was PRd in November: Change in management.....


Amelot Holdings, Inc. President Fred Guarnieri Updates on Its Barbados Operations and His Purchasing of Common Shares in the Open Market
Buzz up! 0 Print
Press Release Source: Amelot Holdings, Inc. On Thursday November 5, 2009, 9:00 am EST
NEW YORK, NY--(Marketwire - 11/05/09) - Amelot Holdings, Inc. (Pinksheets:AMHD - News) today announced that following a tour of its facility in Barbados, it is in the process of implementing several changes which it feels positions the company to achieve profitability within the next few months.

We have reduced the number of employees, installed new management, upgraded electrical services and contracted to buy methanol in bulk purchases, by the container. A 20-foot container consists of eighty 55 gallon drums, and when mixed with used cooking oil is enough to produce approximately 22,000 gallons (83,160 liters) of Biodiesel. The current price of Biodiesel at the pump in Barbados sells for around $1.98 BDS.

In addition, we have made changes in the oil collection process. It was determined to be more cost effective to outsource the collection rather than doing it ourselves, thus eliminating costs of running vehicles, insurance, and Company manpower.

The new management is actively soliciting new business and meeting with consultants in looking for ways to increase production at the current location.

"The demand for Biodiesel is there and I feel strongly with the new cost-cutting measures now in place, we can manufacture, supply and for the first time in the Company's history, be profitable," stated Fred Guarnieri, President and CEO.

The current Outstanding Common Shares balance is 4,309,573,155, and the Authorized 4.925.000.000. There have been no issuances of additional shares since August 2008.

"On June 18th, I announced that I had purchased 404,600,000 shares. Since then I have purchased an additional 76,000,000 shares in the open market, paying from .0002-.0003 giving me a total of 480,600,000. I remain confident that this Company will turn around and be profitable in the near future.

"Since taking over operations in June of 2009, none of the Officers have received any compensation. All funds are being used to pay debt and to increase the revenue stream in Barbados," Mr. Guarnieri concluded.

About Amelot Holdings, Inc. (Pinksheets:AMHD - News):

Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified Biodiesel as a multi-billion emerging Biofuel market. Amelot plans to have a significant market share in growing low cost feedstocks to supply the growing demand for biodiesel, to reduce energy dependency of fossil fuels, to help reduce the U.S. dependency on foreign oil supplies and reduce the impact of energy on our environment.

Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

Contact:
Contact:Amelot Holdings, Inc.1(866)-669-8373support@amelotholdings.comhttp://www.amelotholdings.com

Great close. 6s thinned out on very little volume. People are holding their shares tight.

Nicely done. We will be looking at the better part of a $100 grand soon enough.....before summer anyway imo.

Keep going. I am well past 40 million and heading for 50 mill.

Look at AUTO queued at nearly 3 cents!

We touched 6 there. Looks like 5s barely exist.

They cannot be sold unless he files with the SEC. No filings have been made.

If he were to file, he can only sell 1% of the float per quarter or about 43 million shares.

He bought between 12/31 and the last PR. The stock traded between 5 and 14 between those dates. The majority of the volume was in the 8-9 range.

I think you are correct. The pull back had very little volume compared to the run....maybe 10% of the run volume....

Thank you for the info. Great close considering the light-ish 18 million +/- in volume. I bet those 6s thin out quick with any sort of real buying.

6s are getting hit again after the bidwhacker.

6's are getting hit.

Methanol is integral in the production of bio-diesel. Great DD!

They certainly did thin out. Slightly more pressure would have taken out the 5s. That is my fault. I let my day job get in the way of my day trading......D'Oh.

I had planned on smacking the ask during power hour....and just got too busy.

You sold at the ASK(0.0005). That is considered a BUY. It would have registered as a SELL if you sold at the BID (0.0004). That is how it works. Now sell me your other 50%

I will see what I can do.....

4s are gone and 5s are getting hit....

Exactly.

Posted by: toddfitz Date: Tuesday, April 22, 2008 1:28:44 PM
In reply to: JGygli who wrote msg# 17064 Post # of 36620
I was saying we build those style systems, not death traps that ignore codes. The one you are refering to sits as a pile of parts as the client decided to spend money on bullshit PR's rather than meet their obligations.

The majority of the parts were just sitting there. He never started.

Wasn't finished? It wasn't started.

I wonder if it was a gov't contract??????????? Or a time and materials job???????????????????????/


What I did not know according to Flyboy's post, part came from another job and were already paid for by someone else. Is that not double dipping? Looks like Todd has a habbit of billing for parts and no delivering all that was paid for...hmmmm

This is not based on anything Aziz said. It is from Mike Joyce of Turning Mills Consultants.

The payment was not withheld by AMHD. It was withheld by the engineering company that contracted Fitzsimmons on AMHD's behalf.

The payment was withheld for non-performance of the contract.

It doesn't matter what AMHD may or may not have needed after delivery. The fact is Todd already had individual parts from another job. He billed AMHD for them, but never bothered to assemble them. This guy is a criminal IMO.

If the spec changes, there must be an accompanying change order to the contract, otherwise Todd is OBLIGATED to build the contracted unit. This is business law (or Universal Commercial Code) 101.

I'll bet Todd will NEVER disclose what was actually in the contract. That would show him in a pretty bad light IMO.

Nicely stated sir.

Good point.

Turning Mills sure did.....should I refresh you?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37776464

Have ole Todd take a pic of the machine.......I bet it looks like the are between the lines here:



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There is absolutely nothing. I agree that final assembly should have been made, but there is literaly not even a single nut bolt or screw attached to any peice of metal. NOTHING. Not a single weld or piece of wire.....all for $312,500.

As for $$$$$$$


A final progress payment (the one withheld) was $25k and $37k was do upon final delivery/proof of production capability. A long stretch from the $200k you claim.