...waiting for XMET to hit the sky!
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Returning player from the past, need an update on this situation (please enlighten this lost soul) . Last time I saw this company was when all my money disappeared on that July 1 sell off that bankrupted everyone. This was a legit company as I was able to obtain a real product I ordered online. All of a sudden after what? 10 years or so, I see my account balance go from nothing to a couple of hundred dollars. I assume this company is not "frozen" anymore and you can trade again. I heard that it has a black eye mark on the market and that the patent was sold. There is no product, no company, so why are people trading this stock??? How is it legal to trade on basically "nothing"? Who owns this company? Who is the CEO? I see a guy from Belgium listed as the CEO... Are we just waiting on a pump and dump opportunity to kind of recoup our past losses? I did some digging and the company has a different contact than this page indicates. While on that subject, can one of the Admins update this page to reflect current events and company standings??? Or do we like to live in the past clinging to outdated information that is no longer valid to attract misinformed investors in the hopes that they put in some money in our pockets? Feel free to have a field day with my comments ??. Have a great day my people! Still here dreaming of what this company could have been if they played by the rules...
https://www.reuters.com/finance/stocks/companyProfile/SFIO.PK
SFIO.PK on OTC Markets Group
COMPANY ADDRESS
Smokefree Innotec Inc
257 Wallace Rd
NASHVILLE TN 37211-4948
P: +1888.8504022
F: +1949.3330857
Any news on this company?
market cap was 60K a couple of days ago...no I just checked google and it reads 3.17 million market cap...what is going on here? why are they pummping a dead/locked company??? are we going to see the FBI again around soon lol?
This stock was locked on my birthday a long time ago...can someone please explain me how and why this stock (still under the DTCC lock) is making so much noise??? any "experts" in here can explain the different "maybe" outcomes of this? like unlock, merger, buyout etc. Thanks
True very true. The one that got me rolling on the floor was "The federal government needs to create more streamlined rules. I do not mean we should skirt environmental laws—just make them more effective. Rather than taking a "why should we do this project" approach, the Environmental Protection Agency could shift its attitude to "is there any reason why we should not do this project."... How about the whole government takes the same approach? Is there any reason why we should not give Ed from PR one million dollars??? Ludacris!!!
It shows the amount others receive to.
[url][/url][tag] http://www.amydata.com/data/AGM/2012/AMY%20Info%20Circ%20(print%20version.pdf [/tag]
In case any of you wonders how much Larry gets paid. He gets paid $100,000. There is more information about the company in the link. I'm sure most of you already know most of this but somebody around here likes it when you put down your sources.
http://www.amydata.com/data/AGM/2012/AMY%20Info%20Circ%20(print%20version.pdf
You are absolutely right. Now I ask you and this is me asking you your personal opinion, If you had a company that can turn raw material into Cooper or into gold which one would you pursue the Cooper or the gold? I would assume you rather sell gold and not Cooper right? ...
So let's say you have a company that can sell EMM or EMD using the same concept, what would you do? I want your opinion not your DD or any other thing you can google. I want your honest common sense onion.
Any of you find it strange that out of the blue AMY comes with the batteries idea right when the PFS is due? PFS gets delayed while the batteries idea "potential" sinks in. Once this idea is "cemented" the "no surprises" speech comes out. PFS comes out everyone runs our the door! Without the batteries goal it would have been the end of AMY as we know it, but since we were all primed to believe that if EMM failed we had something to fall back to and the company would be fine. I don't think it takes a year to make some EMD/CMD and what happened to LMD? This gives Larry a whole year to think on how he is going to save his job. Let's face it he haven't got a deal to help the company when this company was hot how in the world is he going to make a mega deal when his work shows failure to the tenth power?
Proof? Your buddies are going to erase it anyways! You all seem not to have any sense of really what so f#!$& ever. At this point I'm starting to think that there are some people in this board just trying to make people buy this sinking ship so they can recoup some of their lost money! This is a discussion board not a church dedicated to AMY! How about you tell us a plan on how this company is going to be profitable buddy! Because it seems that the CEO does not have a clue! I want solid proof and I want numbers backed up by evidence! You seem so animate about Junk bashing this stock. How about you post some economics with solid numbers or better yet...name some of the 15 ghost JV partners that are going to bring this company glory. I'm waiting friend.
By the way since we got very efficient people here deleting stuff...can somebody please update this page because I feel is a bit misleading...
In August 2009 the Company receives a Preliminary Economic Assessment of the viability of exploiting the reported resource. The report concludes positively, calculating a cash cost of production at 44 cents. The total "all in" cost is calculated at 63 cents lb. The total capital expenditure is calculated at $90,000,000.
...just my humble opinion.
I agree 100 percent! The problem is that some people do not think that way! I like people to be up front and honest. The truth never changes, but some people seem to have a hard time coping with it. Reality is the same way. Does not matter what u think or what your beliefs are reality is one, but some people decide to ignore this and live in a fantasy world. This topic is very "off topic"so I expect it to be removed like every other.
That makes 3 of us!...but let me put my own spin on the "the project is deemed to be not economic" this of course is "no surprise"...like Me, junkHustler and many others told you!
I like this one better lol! "We have forwarded these results to interested potential off-takers and/or strategic partners" What is it? like 15 partners? I forgot the number they used to throw out there all the time. Another smoke screen comming...hey, but "encouraging" is less forward looking statement than "no surprises" right? hahahaha
Don't worry they will soon talk about the water situation saying "there are no surprises"...
Here is what my wise grandpa once said: "there are 3 kind of people in the world, People that learn from other people's mistakes are wise. People that learn from their mistakes are smart...and then there are some people that keep making the same mistakes and never learn from them...we call them idiots" I try to stay in the first two.
Amen brother! I was going to post the same! Great minds think alike!
40+ years of experience and you tell me they "I can't see management not learning from mistakes"??? 40 plus years! Are you serious???!!!!! Larry been in this for 40 years!!!
Last time I checked freedom of speech was covered by the constitution. It is my right. That some people do not like to face reality is beyond me. Do I think this is a great idea? Heck yeah! Do I think Larry is incompetent? Heck yeah! Do I think there is going to be a vivid future for EMD and LMD in the car industry? Heck yeah! For those of you that don't like my dose of reality...well don't read my post. I called .07 like 2 weeks ago! Well I'm calling .05 cents pretty soon. Am I positive, no. Am I negative, no. Am I realistic, yes. Nobody here can argue with reality. NOBODY.
Here is a definition for people that still believe in Larry and his associates...
de·lu·sion·al
1. having false or unrealistic beliefs or opinions: Senators who think they will get agreement on a comprehensive tax bill are delusional.
2. Psychiatry . maintaining fixed false beliefs even when confronted with facts, usually as a result of mental illness: He was so delusional and paranoid that he thought everybody was conspiring against him.
I'm going to wait till AMY reach $0.000001 pps then I am goint to buy $1,000 worth of shares, then I am going to fire Larry. Then I am going to sell Artillery Peak to the chinese!
No sir! I am just a real person living in real times! Not fooling myself with hope. Market is driven by reality not hope. Last time I saw a stock rise on pure hope it was a pump and dump job follow by a scam and some jail time!
Aren't we at $2.90 price target from last year yet???? $0.37 with all the info we got looks more ridiculous than $2.90 back then! Running out of money, while our management spent shareholders money to tell the world that China controls 98% of the industry! Ok after a couple of years we get the message!!!...now what??? Is Larry going to keep telling everybody China controls 98% my question is what is this company going to do to change that??? Oh I can answer that...NOTHING! I won't be amazed if they do a reverse split one of this days lol, cause that is what is left on his bag of tricks hahahaha. I am sure he is dead scare of the real cost of this company. Look what happened with the PFS. You think people left back then??? We going to have negative shares! First in the market ever lol! (I'm being sarcastic in case you did not notice)
"chippy"..."- 50% of the sell-off of shares the day of the announcement of the prefeasibilty had nothing to do with logic, but was hedge funds acting simply because they did not get immediate gratification. They went elsewhere and no fundamentals of what AMY has were applied to this move. This is what hedge funds do."
I will tell you the logic. Profit. If this is not profitable...we move. There is not one person here on this board or investor that you know that is investing to loose money on purpose or do you? We are all investing to make money. You make money with something profitable. This company is not _________ profitable. If it was, people would be killing to get on this deal!...but they are not, but feel free to fill me in with all the smoke screen that Larry diseminated like: no expensive drilling,potentially,exceptional experience,very green company,de-risked,world-class,help may come in the form of grants and loans,...can't use the 0.44 cents lowest producer in the world and free world crap anymore! Wonder what he will come out with now???
AMY vs. APPLE...now your point is to compare Steve Jobs to Larry Reaugh???? By age 55 Steve Jobs build an empire even tho he was ran from the company once! By age 55 Larry...well he is past 55 already and let me check...no empire...no multiBillion dollar company. This guy hangs his hat on 40+ years of experience and boast about raising 100 millions for a company once (by the way where is that company) value1008 please school me on why Larry Reaugh will MAKE AMY just like apple! Tell me his "visionary" skills (that will be 3-6 month behind like always). Investors want profit now, not in 10-20 years! When EMM is scarce and the price goes to 20+ dollars then maybe then AMY will be profitable! Did anybody ever realize that we were the biggest oil producer and then we started buying from other people at higher prices?...and that we still do...The US government is not going to be the silver bullet for this company. Come on fire back at me and school me with all your ammo. Does not change that fact that AMY is DONE!!! Management is crap and there is really no need for a local EMM producer! You all got brain washed by the pretty words of "lowest producer for the free world"...give me a break. I woke up from this dream when my money went down the drain!
"TOO BIG TO FAIL"....??? Last year we were trading at 0.80 and now we are trading at 0.10...mmm...Have you ever heard the word delusional???....to some experts we should be trading at 2.90 by now....just saying...it does not matter what you think or what I think, share prices don't lie!...but feel free to correct me if I'm wrong!
Common sense would tell me that if you found out about it...they knew about it because their legal team should be better than you 2guys lol.
"If the value of electrolytic manganese metal does not support a feasible business model, a 2014 start date may not be achievable." I think that line says it all! From Larry's own mouth! We are a year and a half away from this! If there is anybody on this board that think this company is going to be in production by then...you need serious help! I lost a lot of money waiting on the PFS because I had faith on this misleading company! In 30 years this project may be worth something...not now and not in the next 10 years! I am willing to bet that China will be the first partner when they run out of EMM so they can secure their stake. Keep dreaming with this company...12 cents a share is a reality not a dream!
Well said! 2guys! well said! Everyone is entitled to their own opinion! If poeple don't like my opinion, your opinion, our opinion, their opinion...well suck it up people. That is why there is this thing called freedom of speech. If this company is soooooooooo awesome why did 5+million shares were dumped Blairman? Answer that one please. (Something that makes sense and does not lowers my IQ)
I'm sure a JV partner would be like hey Mr Larry here is the money you need(400M) we won't worry that you are going to pay us back in 10 years. Make sure we get less than 20% of the company revenue. We are all about this! When they said "misleading to the water" Mr. Larry was at shore already dry! I was a big enthusiast about the whole EMM crap... 3 millions left and no fund raisers???? Wonder where is he getting the money to get this company ahead! I wonder what the new youtube videos for the company are going to be like! We are american manganese and we produce EMM 3 cents cheaper than China! We also make batteries...oh and by the way we keep adding more people to the board so we deplete the little money we have! INSANITY!!!!!
IF..cost a lot of people a lot of money...that IF costed you $20,000 already linc! Think about it!
Finish your college and in a couple of years you will make your money back with hard work! in my opinion you never play with money you need. You can take your $10,000 and run with it put it in apple or something lol or wait till is worth $0.01 cents and get $769 dollars out. This company is running out of money really quick! but what do I know. Your money your choice. I pulled the plug yesterday 80% loss...
It would take 3.9 to 5.9 years to get the money's worth on the project.American Manganese Inc.
(CVE:AMY) (PINK:AMYZF) share price collapsed after the company published a dim feasibility study, showing high capital requirements and comparatively low payback calculations.
AMY stock price lost 50% on Thursday as traders rushed to sell the stock. The trading volume was huge, totaling over 3 million shares and spike far above the average turnover of 201 thousand.
On Thursday AMY announced results of preliminary feasibility study done for the Artillery Peek Manganese Project in Arizona. The complete report will be filed within 45 days, but the preview doesn't look too encouraging.
Initial capital cost for the project is estimated to be $477 million most of which would be spent over the first two years on engineering, construction and procurement. Sustaining capital over the life of the mine will require another $60 million. Allowances for end of mine life expenditure on waste re-handling, site reclamation and plant salvage total $47 million.
The estimated internal rate of return, varied by different approaches, ranges from 12.9% to 25.03%, which is a rather low number. Net present value of the project at 5% interest rate ranges from $311 to $940 million, which yet again, seem rather low.
It would take 3.9 to 5.9 years to get the money's worth on the project.
http://ca.hotstocked.com/article/36032/american-manganese-inc-cve-amy-pink-amyzf.html
Sorry I took my peanuts to another company that has...100b market cap and is very social lol. I will keep an eye on this board for a while but when they pull what they did...posting old pictures (prints) to stop the bleeding and then delay bad news! IMO this dude is shady, moron and more things, but the thing that stands out to me is the 40+ years experience and look how he conducts business. Look where this company is right now! I can keep going and going, but it is useless! When they cut the opening ribbon at Artillery Peak mine I will come back and invest...in the meantime I will try to make back what I have lost so far! Good luck to you all! Feel free to agree or bash me it does not change the fact that this stock is going to be at the 0.07 cent price range pretty soon...
I am exiting now while I have some money left. The down trend is too big! I see no hope. This is the end of the road! It was nice while it lasted guys...but had to pull the plug...
anybody out there happen to have a half a billion dollars we can borrow to get this construction started?...by the way we won't give you more than 20% profits if that is what you want.
from 44 cents to a dollar? really? who is going to invest in a company that claimed "we will be the lowest cost" and then double the price! this is fantastic when EMM gets to $15 dollars but right now is cheap as dirt! investors want money now not in 10+ years! Maybe this explains why Larry had been on this business for 40+ years and he is not a billionare! That should've told me something right then and there! I am so mad right now! Feel free to bash me or agree with me! at this point I am very very __________ with AMY and management! Good day to you all!
Yes I know that. What I am saying is that they uploaded something that was done back in october 26 2011. This drawing is not something new, it is not something that came out as a result of the final PFS. Preliminary prints are used to represent an idea (in construction). Once the prints are done right they go for a "final" submittal, after the "final" submittal is approved they become "shop drawings" used for actual construction.
10/26/2011 PFS? If you all take the time to read...those prints were made by James Halun back in October 26 2011...way before the pilot plant results were even out! I do not believe it has anything to do with the PFS they received. This is more like a test/idea. Yes they have a stamp from this month big deal. This looks bogus to me...anybody cares to comment on this or bash me?
PFS in June that is more likely lol! With the way Larry over promise/under deliver on schedule...3 month late like always! Production on late 2014??? If we add 3 month to every milestone we will be in production by late 2017 lol! Any funny or sarcastic comments to cheer me up! Do I need to go by Facebook in the mean time hahahaha.