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braveheart
Reminds of an old quote with minor changes LOL Sentinel had to add a little humor sorry if it off-topic
Aye, hold your shares and you may lose, sell, and you'll live... at least for a while. but dying in your beds, many years from now, would you be willin' to trade ALL the days, from this day to that, for one chance, just one chance, to come back here and tell your children that they are enjoing the fruits of your beliveing in a new company as you happened to be one of the faithful that stood by ACMG and DR C to enjoy the monetary rewards paid out to the steadfast long shareholders of new technology
They may try to shake us but they will not get our ACMG shares!
Then you would need to ask yourself some other questions such as did he sell or is his house on the market currently for sale, is his family still around or with him, Is the old facility still under lease or occupied by a new tenant.
This is what sucks not living close enough to perform a visual on property addresses and tenants.
Also who is buying those shares currently being sold by those bailing out of the stock, I don't see any new names or even longs from this board or others stating they are sucking up millions of shares so someone or some company is loading up.
Even if the MM's are fabricating phanthom shares someone has to buy them. There are so many if's that a decison either way can be made, Hold or Sell
OT:
For of you folks over the age of forty
Quick check for Alzheimer's:
The following was developed as a mental age assessment by the School of Psychiatry at Harvard University. Take your time and see if you can read each line aloud without a mistake. The average person over 40 years of age cannot do it!
1. This is this cat.
2. This is is cat.
3. This is how cat.
4. This is to cat.
5. This is keep cat.
6. This is an cat.
7. This is old cat.
8. This is person cat.
9. This is busy cat.
10. This is for cat.
11. This is forty cat.
12. This is seconds cat.
Now go back and read the third word in each line from the top down
and I betcha' you cannot resist passing it on.
If someone nearby or someone with some time on thier hands just send an overnight letter by UPS to both the old address and the new address. If it can't be delivered you will get it back if it is delivered you will see who signed for it, make sure you check off signature required
If someone post both the old and new address I will try to do that today but am knee deep in work related merger project which I am kind of glad since it keeps me from looking at this board constantly.
I know what you mean as the wife was looking for this past months statement which i so conveinently misfiled, LOL But let me pose this question to the rest of us longs.
Just say May 7th comes and goes with still no word then what will you all do still wait for news? Just wondering what everyones intentions are at that point.
I believe someone once said that PR's usually come out around 10:30am when released by ACMG is that a fairly true statement?
Or maybe SREG will change the time for release and throw us a surprise some night
Imagine hearing good news in the evening and waiting to see the sun rise in the morning along with the SP
Would be a sleepless night
Yes but this one was never listed in the manuals I read LOL
Jersey:
No sign of your birdie I take it? Has the birdie flown the coop or is it do to come home soon? LOL
Would love to know at least one of those insiders would sure put the mind at ease, still long and strong refusing to be pushed into selling, wish WITM would pop so I could buy even more, feel like I am waiting to have twins with no news from either ACMG or WITM and both have that ASIA connection
It's times like this I wish my connections extended deeper into the bowels of Englands law enforcement community or I had access to airline flight passenger lists.
Thanks then the poster on RB was misrepresenting facts
To the Board I don't have the old copy of the the Business plan here at work but the RB board someone is stating the following.
"ACMG has changed it's business plan, look at the Table VII. Shares O/S is changed from 250M to 125M in '07. Net profit for '09 is over 300M lower (the year they will start paying dividends). Book value per share is doubled. Etc."
Can someone verify that has a copy of the orig BP and the one currently posted.
Thanks
to profit:
Could you explain your statements a little more as I am curious about the path you are heading down with your thoughts.
"Those who are really strong and long will be offered buying their shares back. Those who reject selling will get their shares restricted for at least one year. This is how I understand the situation."
It seems you believe a buy-back is on the horizon as I do but your statement regarding restricted if they don't sell threw me a curve.
Great Letter Sentinel, will be thinking of all of you while I am at the CT Woods starting later today. Will out of touch for at least 36 Hours so I expect to come back to at least 200 msg's, and hopefully good news from the ACMG front and (let me sneak this in) the WITM front too.
Guess it helps to have some time on your hands to re-read press releases. By re-reading the 3/19 release I became aware of a fact that I had missed previously. Previously I was under the impression that SREG was to buyback the 30m shares but was not obligated to. After re-reading it the word "WILL" jumped out at me.
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.
Interesting that they got through to speak to a live body but we all keep getting the answering machine, wonder what number they called to ask that they be removed from the website
Maybe someone can explain the timeline for me
When SIAM made the 7.2 available and the Dr put his funds in escrow which I believe all took place late Feb correct? Wouldn't the Dr have had to be in contact with the TA to do this or at least a representative with the power to do so?
Think I am going to run out of posts before midnight at this rate LOL
I agree thats great when they issued that PR which was when? Only question is the definition of the word "shortly". believe I am not selling my shares but would really like some info to stop the bleeding. LOL My main agrument is "I don't see how the actions since the march 19th news has helped the longs and hurt the shorts and NS's as mentioned in that releasae of news I believe. Feel free to correct me.
Think about it at night when you have a craving for a snack you don't go out and have a 7 course meal you have a snack to take away those hunger pains till morning. I am not looking for the 7 course meal from IR just the snack.
Siam Renewable Energy Group Ltd is an International Business Corporation formed by Private Investors who started different technology funds and venture capital groups active in the energy sector since the early nineties. The successful group will make the information for fund transfers available to ACMG shareholders through their lawyers. All relevant information will be available online at http://www.alcarchemicalsgroup.com/press-room.asp?sec=press_ shortly.
Don't recall and it may have been posted on the witm yahoo board a week or so ago, plus someone else mentioned the possibility of driving over to the park and check out the industry there. Am curious to see what will be updated on the website after they removed the previous info on legal, consul, engin, etc.
Wasn't someone calling a relative that worked for the engineering firm that was contracted for the site in canada
Sentinel: you working Fri if not take a short drive over to Ct Woods, will be there thurs night and all day fri. We can discuss ACMG while at the tables
Not expecting immediate results but don't feel they will allow the Dr to act as in the past, and for the record i do not flip shares. I do invest and will at some point take out the initial $$ and let the rest run while reinvesting the orig in another entity.
Hey I am not selling but a 50% current loss is nothing to sneeze at. Just don't want to dig the hole any deeper until someone validates that the DR is even alive. He is the meat to this company without him and his knowledge what would you have,SIAM who seems to not give a Damm about anyone but themselves. This just doesn't look as though they are taking care of the longs while smacking the shorts unless I read the whole scenario wrong, An no I don't expect a PR every day but do expect one after the debacle the other day any respectable company would issue one (this is not intended towards the Dr as I believe SIAM is calling the shots to their benefit not ours)
What is the new address the company is moving to?
Can someone validate the existence of the new location and its current state.
If this is the way SIAM intends to run the company in the future (no communication to the shareholders) I think it stinks and borders on out and out manipulation to there benefit only.
If this is how you reward longs I don't understand it. Longs are loosing money while the shorts and flippers are laughing all the way to the bank. In to deep to sell but if this company doesn't follow through on all its promises I'll say this Payback will be a B!tch. Where's the IR dept, Everyone says SIAM is running the show so its their call, excuse me they are not the only shareholder of record, what is happening now is in total opposite of what was claimed, rewarding longs, and payback to shorts. Just don't see the method. How long does the DR expect us to sit without info?
Well if all this was a plan to that was supposed to reward the longs I don't see it as that. All it did was allow the shorts to cover and the flippers to make money at the expense of the longs.
You reward longs with an increased shareprice not a decreased one
I don't either but that would be the max they could have with the 20 day ave 25% rule someone mentioned
according to my cals they could have bought since march 19th including today a max of 27,294,910 and be able to purchase another 2,695,397 tomorrow leaving them just shy of the 30m
Sent what is the next milestone date May 7th? After tomorrow SIAM would have had enough time starting with march 19th to buy as much as 30M shares based off the 25% of the preceding 20 days daily average. Anyway you look at it they bought real cheap and spent nowhere near the 30m they budgeted so I feel they are licking their chops at their cost average which I believe they said after 4 years was around 2.05 share once all financing and shares are presented. Curious who they used for any purchases as I don't believe anyone saw any unusual buyers lately. If they happen to announce they currently own those 30m then all hell will break loose as we all total own way more the the remaining 15m from that 45m float. Thats the PR I want to see, SIAM announcing they have completed their 30 million share buyback and has certified these shares as real. Just imagine the commotion that will start especially for any NS's trying to cover. Can't believe I will be out of contact for a day and half starting thurs afternoon, I expect to come back to having to read 300 messages
Problem I have with this being a scam is
1 Legal counsel is Heenan Blaikie
2 Patent Attorney is Ogiluy Renault
3 Engineer firm is Genivar
4 Consultants are Technopole
They would have to be involved or something would have slipped after acmg claimed to use them
Only wish I lived close to the headquarters but 8 hours one way is to much. Wouldn't want to be the IR guy at any invester conference in the future, he would better to change his name.
For what it's worth I expect an explanation for that as well as other issues. Feel as a shareholder I deserve just as much consideration as the investers from SIAM. Hell they probably no more of whats going on then we even imagine, just because they will own and I say WILL OWN 55% makes them no better then me.
I am right there with you on that down % just couldn't hit the sell button on my WITM shares today even thouhj I am green on that complete lot. Came close though even had the order filled out and previewed but couldn't hit send, figured the exposure on this one stock would have been real large acutually could have tripled my holdings.
Volume today uped the 20 day past average allowing the 25% of past 20 day buyback to be completed by Wed for sure. SIAM would surely have realized the impact of not having the Dr on MN1 and also not posting he would not attend, SP would be destined to drop shortterm which would be a benefit to them and their buyback, They would realize shares would be flowing. heck if I new a missed PR oppurtunity would lower the price of shares I was trying to buy that I also new down the road would get back above the starting dive point I would do the same, What hangs in the back of my head is the statement that longs would be rewarded or something like that I am sure Sent can dig the statement up quicker then I. I hated to see my portfolio take a dive today, I also hated the thought that the NS's had a chance to cover cheaply, but if this is a well thought out plan maybe SIAM is testing the longs.
God I love Mondays, lets see do I sell my WITM to buy more ACMG or do I sell ACMG to buy more WITM. Where's the bottle of Merlot when I need it. Nothing like expecting good news on a Mon from 2 companies and getting bad from one and none from the other. Well I would think with today's prices SIAM should have picked up it's 25% max real cheap.
Another bad move was that this allowed the shorts to cover rather then burn them. So much for taking it to the shorts.
The only sure way for the acmg longs to get bailed quickly out would be for Siam to offer a $1.50 for the remaining 15 M shares (if they have their 30m which they should by wed) then use the div to reward the loyal longs with the more properous long term divy company. As for me I am stuck now wouldn't pay to cut losses at this point and have no dry powder till tomorrow for buying anymore. Really does suck that no PR. One disaapointment earlier today WITM and now this seems to be heading that way also. Guess I have to wait and see sure sucks not being able to buy when it reached the 3's earlier.
Open Letter to the Dr in case you read these boards
Hire a larger PR team if you want to keep your shareholders happy, one PR guy doesn't cut it
Holy $hit I go to lunch and come back to over 120 posts my God people.
regarding another stock witm