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It is per liter, not gallon. It is on par with diesel in the USA.
Your reaching buddy.
They would open themselves to some serious SEC trouble if they PRd that and could not back it up.
AMHD has not sold a single share since August of '08.
I highly doubt the man would destroy his own value like that. I am not a fan of shooting myself in the foot.
Someone is holding it down with a big block. Interesting to note....When etrade bought my shares for me this morning, they bought 2x the ammount I bought. SHORT? It was simultaneous.
I think because Fred realizes, as a shareholder himself, that the shareholders need to know that something is happening. It is just another step towards transparency.
I like these points too. These are positive....we are moving the business forward.....statements. It is a very realistic and acceptable PR.
The moon was not promised either. This is not a pump and dump PR and I like that.
I have picked up 30 million recently.
You do realize Fred is buying at 2-3.....And he knows what is going on.....That is why I am BUYING TOO.....
It is still listed. I'm not sure of the status. It seems the company is focused on something that can give immediate profits and sustain the company as it grows. I absolutely agree with that approach.
http://www.amelotholdings.com/client/projects.htm
I agree. This is a clear indicator of the type of investor relations we can expect going forward. I love it.
The PR doesn't say any of those things. Time for new glasses?
What it does say is that they are about to turn about $165,000 BBD revenue.
Why would Fred do that to himself after buying SO MANY shares on the open market?
People have been squaking about a R/S for a long time....and it has never come.
I even won a bet about the R/S.....though the loser NEVER did payup.....scumbag.
I picked up quite a few this morning.
Wow. That is a twisted distortion even for you WT.
10 million in buying right out of the gate.
NEWS!
This is a quality PR and shows a clear state of the company. It is very encouraging and I for one will be on the bid as soon as funds clear.
NEW YORK, NY, Nov 05, 2009 (MARKETWIRE via COMTEX) -- Amelot Holdings, Inc.
(PINKSHEETS: AMHD) 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):
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:
Amelot Holdings, Inc.
1(866)-669-8373
support@amelotholdings.com
http://www.amelotholdings.com
SOURCE: Amelot Holdings, Inc.
It is a penny stock. It is a non-reporting company. Pink sheet companies are not required to do SEC filings, and MOST do not.
They have plenty of credibility with me, but there are obviously guys like scalig who don't feel they do (if I can put words in his mouth).
I think any positive outcome will shed some light into why we are at such a low pps, and without a production facility in NH.
I disagree. If the result is favorable to AMHD, it brings a HUGE amount of CREDIBILITY to Aziz, and AMHD. It shows that they were sidetracked primarily by a rogue vendor.
As for monetary value, Todd has stated on THIS board that he would file before paying up.
Are you sure about that.....
Do some research.....get a PACER account....you may change your mind.
"Don't forget the prolonged and drawn out case against
Todd that Aziz will lose.. especially if there is a
counter and Aziz has to open his books to the legal
system... "
I'm an investor here....again....and I'm not nervous. LLEG will be fine. All the ducks are in a row.
As far as CPD goes.....show me the lines that come out of their plant.....I would be happy to go pp on them, or stick the wire on my tongue......because they don't have an ice cube's chance in hell of ever producing electricity.
The PUC...ok....but that doesn't mean CPD gets to see it.....for now....or before they figure what is an equitable offer to psnh.
CPD is a complete and utter joke. They put together an (incomplete) offer that a 4th grader could top and then file complaints to the state after PSNH decides not to bother.....WOW.
But that requires the disclosure of a non-disclosure agreement, thus violating a contract, and violation of the Universal Commercial Code.
You do know about the set of laws that governs ALL business transactions, don't you?
Don't you get it.....it is economy of scale. CPD is a smaller project so it will "obviously" yield cheaper electric rates....oh wait....I've gone cross-eyed.
Meanwhile, there are cheap shares available......need more dry powder...
Hey everybody. OA is back. We must be poised for a run!
AMHD does not have shares to sell.
At first I agreed with you.....but I think the judge said if you want to get paid.....get a deal done. Quit dragging this thing out and milking the system.
All the best to you wally. Thanks for the meaningful reply.
Several here have reported contacting him and having good conversations.
If I were Fred or Aziz of AMHD, I would not waste my time talking to a guy that is just going to turn around and defame me.
I am choosing to not completely spill Todd's laundry all over the internet. I did some digging, things are not well for him.......as of early August.
If I had an inside contact......I sure wouldn't burn that bridge by opening my fat mouth on a public forum.
I find it interesting that Todd lists AMHD on his website....even though he never finished their product.... Whatta guy.
http://www.fuel-tanks.com/biodiesel.htm
I think if it were going well for Todd....he is the kind of guy that would be gloating about it. He is silent....and that is telling....IMO.
You emphatically stated that you could prove your claim....I called your bluff.
I think given the history of the repeated date changes....no one is going to say squat until the deal has been signed, sealed, and delivered. The massive accumulation that happened a few weeks ago is encouraging.