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I'm thinking about your scenario again and again, but find it hard to follow:
1. If SIAM/Cavasin sold the 68mio escrow shares between 0,06 and 0,18 - who bought them? We would have had an impressive increase of "unknown" shareholders, who never showed up...
2. All these "unknown" shareholders must have sold these 68mio shares at prices between 0,18 and 0,007 - most with a huge loss, I guess -and then vanish.
This would mean there were 132 mio shares (or 152mio shares with the 20mio buyback) traded between march and now - is this realistic? I don't think so.
My conclusion is:
If 68mio shares were thrown in the market, they still had/have to be in the market - but the volume does not support this...so, the 68mio shares were NOT thrown to the market.
I'm in no way a pinksheet expert, so this is just common sense of a pinksheet layman...
Hope you can help me, maybe I got some things wrong.
GLTA
Hm, but a buyer at the bid is still a buyer, isn't he...?
"Since we hold the same amount now as before and it is 1/3 of the LISTED float, this must have significance."
Ok, I read it through again, and I understand your point now.
But what could be the "significance"?
Today someone described the scenario, that the 68mio shares were sold in the market between 0,18 and 0,04 - who bought these shares, if we didn't buy them?
And how could it then be possible, that the 68mio shares were bought back between 0,04 and 0,007? This seems odd to me...
"the float would now be 45 million + 68 million = 113 million shares. Chances are pretty good that posters on this board would have bought a large percentage of Alex's shares.
Since we hold the same amount now as before and it is 1/3 of the float, this must have significance."
But 1/3 of the float is relating to the 45mio shares.
IF Mr. Cavasin would have sold his 68mio shares, we only would own 1/10 of the float, or what am I missing?
And the other question is, IF there is a float of 113mio shares and ihubbers own about 15-20mio shares: Who owns 90-100mio shares, where are they?
Ok...???... it's definitely time to sleep, half past twelve...yawn - glta
Hm, who bought the 800k today?
"If Alex sold his shares and bailed, or diluted company stock, or phantom shares were circulating, then we would most likely own 40/50/80 million shares!"
What do you mean with this sentence? How could we own more than we own...lol?
Any idea about today's -20%?
Not much volume, but a clear red painting...
Better go to bed now - good night from Bavaria!
I'm really impressed by the commitment of the people from this board.
IF it would be possible to get a list of all ACMG shareholders, the next interesting step would be to know, if anyone of this group buys shares on a day like today (of course we shouldn't exchange this information in public via ihub or RB, but via PMs).
IF no one from our group buys or sells shares (assuming we have a somehow complete list of shareholders), the next question would be, WHO is selling and buying and who is the TA responsible for these trades?
If we would provide the SEC with our sharecount as a group and a kind of "trading record" of e.g. a week, showing, that nobody bought or sold one share, in opposite to the daily trading activity - would you think, they might start to investigate this and we could get some answers (for good or bad...)?
Or am I too simple minded here...
I expect today to be very important.
Noone knows, why we had a complete week of steady increase, I'm sure, it was NOT traders/flippers.
Could it be, that the "entity" bought shares all the way down, until 0,007?
But they recognized, they couldn't get more shares, because we refused to sell, accepting huge or total losses?
And now they try to get every share on the way up, hoping most of us will sell, when we reach even or maybe 30-50% (remember the phrase of the 30mio share buyback up to 1,-$)?
Just a WAG ( I like this acronym...) - glta
There is NO annex in the business plan, at least in the four versions I have.
BUT: as I remember there was a very "early" business plan, one got ONLY, when he filled out a form to become a registered shareholder.
In my memory I filed this form, but it could also be, I WANTED to file it - and after some time this possibility was gone.
Did anyone of the board here request the business plan in the early days...?
GLTA: gcduck
Still holding.
BTW: Any thoughts what next week will bring us?
GLTA
I looked at the numbers of the last two weeks and I'm 100% sure, the volume was NOT made by daytraders/flippers ONLY:
6/13/07 - 6/19/07 – high: 0.0195/low: 0.007
4,448,879
5,559,758
1,705,930
4,327,233
4,654,779
20,696,579
6/20/07 - 6/28/07 – low: 0.0095/high: 0.02
1,120,499
2,696,700
1,039,106
1,470,497
4,280,048
1,248,752
2,229,471
14,085,073
If we assume about 20,7 mio shares were sold to traders/flippers until ACMG reached its ATL of 0,007, only 14mio shares were sold until yesterday.
More than 100% gain and a daytrader/flipper wouldn't sell in uncertain circumstances like these? I don't believe it, not enough volume IMHO.
So again my question is (I know, I ask this since 0,05...lol):
WHO was buying most of the shares of the 20mio shares, when ACMG went down - and WHO was buying most of the shares of the 14mio shares in the last seven trading days?
Or does anyone suspect there are some bigger traders, who try to manipulate the stock, like shown in the link by MrBigLoser?
Have a nice day!
Hey Sentinel,
nice to see you around here more often in the last time.
Seems, you can't get rid of your old habit...or should I say: "addicted to the doctor"...lol...
GLTA and as I wished last week: hopes&miracles!
That's great...
Now imagine every pinksheet investor would try to do this - what a chaos!
GLTA
Natürlich - so schnell wirft mich nix aus der Bahn...
Holding long and strong...what else could we do...)
I can't find any connection between Donald Chevarie and Cavasin or Renewable Real Estate Investors and ACMG...besides they are both frrrrrench speaking..
Hi TSO,
I can't sent private messages, thanks for your answer - I thought/hoped there would be a connection...
GLTA
Do you think, here could be a connection to ACMG?
GL
Du mußt auf die Zeile "Alcar Chemical Group Inc. (ACMG)" klicken (über der Zeile "Public Reply | Private Reply | Keep | Last Read"), so daß der ganze Thread erscheint. Dann scrollst Du runter bis die Posts erscheinen und klickst auf "Post New Message".
So einfach geht das - Gruß!
Here's the mail, Mr. Cavasin sent around answering my (and other's) questions regarding USSE etc.:
"Von: alex@alcarchemicalsgroup.com
Betreff: USSE/ONYI etc...
Datum: 5. Januar 2007 17:24:55 MEZ
Good Morning Ladies and Gentlemen,
First of all let me wish you and your families a Happy New Year, lots of health and love for the coming year – these are the two most important elements and with plenty of them, wealth will automatically follow because they will allow us to take the right decisions in terms of investments.
With that said, I am taking a few minutes to address the USSE issue which has many of you on the edge of your seats…
After long work and negotiations we did enter a MOU with USSE outlining a merger/acquisition of 60% of ACMG by USSE in which we mutually agreed on a pps evaluation of $2. Furthermore, we had envisioned a closing prior to the Holidays, however, our DD requires further scrutiny on our part. As a result, we have NOT as of this date reached a definite agreement with USSE and as a consequence, USSE is not in a position to sell any technology belonging to ACMG. As a matter of fact, USSE has not received in depth knowledge from ACMG which would allow them to copy or reproduce our technology.
A definite agreement with USSE may still be reached at a given time but only if and when our DD is completed yielding positive results.
I hope this puts everyone at ease.
Alexander P. Cavasin,
CEO"
You are annoying...bring the proof, that mysterymate is iseem - and then you can state and repeat it as often as you want.
But you'll have big problems proofing this IMO.
Even me, who is NOT a native speaking english can clearly seperate between the two styles of writing and thinking, that lays behind the posts of the two persons.
It might be ok, if you are hating iseem, but please stop spoiling this board with the same stuff regarding iseem = mysterymate.
And by the way:
Yes, there are definiteley more signs, that ACMG is a scam.
Yes, the shareprice is a mess.
Yes, we, who are left, know that we lost a lot of money (if we sell).
But why repeat it daily, hourly?
We all know nothing, so the best would be to step back for everyone and return, if something happens.
I don't want only positive thinking here, but maybe we all could achieve some "neutral status", knowing that things are more bad than good?
GLTA
I would love this scenario...
If it's reasonable...I cannot tell it.
Hopes & miracles!
Hey Jack,
here are the changes between Version 1/2 and 3 (I posted this on the 12th of April) - the change regarding the building to be acquired is NOT in there, as it was done two weeks ago.
Here we go:
Difference:
Page 4, Table1: Financial Highlights through 2011:
Different numbers!
Page 10, fourth paragraph, last sentence:
Old BP: "...impeding most economic cyclical effects."
New BP: "...mitigating most economic cyclical effects."
Page 11,
Old BP: "...management believes it will captureits own market share within the targeted segments due to the following:
Global market demands in the targeted polyurethane user segments have already out-stripped supplies and are
experiencing significant material supply shortages, shortages that are forecasted to last for the coming decade. "
New BP: "...management believes it will capturea significant market share within the targeted segments due to the following:
Global market demands in the targeted polyurethane user segments have already out-stripped supplies and such
segments are experiencing significant material supply shortages, shortages that are forecasted to last for the coming decade."
Old BP: "...as the total required investment for such output would be limited
to $22M. "
New BP: "...as the total required investment with this new technology for
such output would be limited to $22M."
Old BP: "...ACMG has already a first contract for a five year duration..."
New BP: "...ACMG already has an initial signed contract with a five year duration..."
(plus one change from point to comma)
Page 12:
Old BP: "...above average profits. Licensing agreements being pursued world-wide will insure an additional revenue stream of significant importance. Furthermore, with a scaled up version now planned in Natchez, MS..."
New BP: "...above average profitability. Licensing agreements being pursued world-wide will insure an additional revenue stream of significant importance. Furthermore, with four scaled-up plants now planned in South East Asia,..."
Old BP: "...underlining principal..."
New BP: "...underlining principle..."
Old BP: "...Management is presently negotiating licensing agreements with China, Taiwan, Brazil and Europe."
New BP: "...Management ispresently negotiating licensing agreements with India, Taiwan, Brazil and Europe. "
Page 13, "Phase two"
Old BP: "...allow additions to grow into a bigger scale plant, scale..."
New BP: "...allow additions in order to grow into a bigger scale plant, a scale..."
"Phase three"
Old BP: "...implementation of phase, and expansion with a 1M Gal per day plant in Natchez, MS. Construction is planned to begin as soon as the first facility reaches full production, foreseen for late summer of 2007."
New BP: "...implementation of phase two, and expansion in South East Asia with an initial four ethanol facilities with a capacity of 1M Gal per day each. Construction is planned to begin as soon as the first facility reaches full production, which is foreseen for late summer of 2007."
Page 14, "Locations & Facilities"
Old BP: "...where a existing building has been negotiated."
New BP: "...where an existing building has been acquired."
Old BP: "...less then 1?4 mile."
New BP: "...less than 1?4 mile from the facility."
(plus changes from "square foot" to "sqft")
Old BP: "Phase three is foreseen to be implemented in Natchez, MS, where an adequate amount of biomass in the form of farm and
forestry wastes has been identified, sufficient to support the planned daily production of 1M Gal of ethanol. An adequate facility offering ample room for implementing the scaled up manufacturing process has already been acquired by the envisioned partner. The selected location offers the availability of an adequate labor pool and reasonable access to transportation roots for marine, rail and land shipping. "
New BP: "Phase three is foreseen to be implemented in Thailand and Malaysia, where tremendous amounts of biomass in the form of sugar cane, farm and forestry wastes have been identified, sufficient to support the planned ethanol facilities."
Page 15
Old BP: "...introducing additional costs but also possible additional revenue streams..."
New BP: "...which introduce additionalcosts but also provide additional..."
Page 16 and 17 in the old BP are presenting the Management Team:
- Alexander Cavasin, CEO
- Carmel E. Kenny, CFO
- Donald Pepin, COO
- Evgeny Stefoglo, CTO
and the accountants and attorneys we know from the former website
New BP: "ACMG’s New Management Team will be announced shortly following restructuring."
Page 19 (old)/Page 17 (new) = Financial Analysis
Change from "in $1,000,000" to "in million dollars"
Table III shows different numbers
Old BP: "...and the following table shows the projected revenue stream from the potential agreements presently pursued."
New BP: "...from the potential agreements presently under negotiation."
Table IV shows slightly different numbers
Table V shows significant different numbers with revenues starting from 2008 (new BP) instead of revenues starting 2009 (old BP)
Page 20 (old)/page 18 (new)
Old BP: "The investment is envisioned to be completed early spring 2007 with the missing $5 capital input which is complemented by a $1.8M loan and a $500K revolving line of credit."
New BP: "The investment is envisioned to be completed by early spring 2007 with a 5 million dollar capital input which is complemented by a loan and a revolving line of credit."
Old BP: Long-term Plans
Management is presently pursuing potential future partners to raise the required funds and finalize the scale-up engineering
during the implementation of the first plant for a full scale 1M Gal daily ethanol facility. Several locations across North America and in South East Asia have been identified which would be capable of sustaining a 1M Gal daily production facility with the locally available biomass in form of cellulosic waste."
New BP: "Management has now finalized an agreement for the financing of the funds required to finalize the scale-up engineering and implementation of full scale ethanol facilities with a production capacity of 360 million gallons per annum. Several locations across South East Asia have been identified which would be capable of sustaining the production capacity with the locally available biomass in form of sugar and cellulosic waste."
Page 21 (old)/page 19 (new)
Old BP: "...as shown by the Free Cash Flow per Share analysis, provide the ability to pay significant dividends at over $1 per share already in 2009."
New BP: "...analysis, will provide the ability to pay significant dividends as early as 2009."
(((very interesting change!!)))
Table VII shows different numbers AND different OS (from 2007 to 2011):
125m - 145m - 185m - 215m - 250m
while the old BP shows 250m from 2007
Difference from BP( Feb 28th) to the new BP
With Managament Team, but CFO (Carmel E. Kenny) is missing: "Presently Vacant, CFO"
Can't find anything new, but if you refer to the BP from middle of february...it's old.
So far there have been FOUR versions of the BP, the last with the little change regarding the building "to be acquired".
The first two versions contained the company team etc.
Good night!
Interesting, I'll check it.
To make it easier, could you please tell me, which are the numbers of the pages you think have changed?
TIA
What I don't get:
Why is the cell phone from Mr. Cavasin still working?
Why are the office numbers (tel + fax) still available?
Why didn't he terminate the contract of his cell phone?
Why didn't he disconnect the office numbers?
Why did he change the BP two weeks ago?
It's time to go to bed...good night to all...
Well, I found his story amusing, but got the impression, when I emailed him, he was actually believing, what he heard from his source (assuming his story was correct).
So the difference between him and jerseyboy was only the way to communicate it - ok, blame him for his overwhelming positive posts.
BUT again: Do you remember, when pinkeyepete came with some posts, giving everyone the feeling he knew more than we - and all his posts came with the sentence "I added somemore" or similiar?
Just to make my point clear: There were several people her, who posted, they knew something and thus were adding and gave others on board the feeling, that an investment in ACMG would bring a big return - I'm just a fan of fairness...)
What the hell is your problem?
Everyone, who buys because someone on a MB posts, that he spoke with someone, who heard something from the CEO...should immediateley go away from the pinkies and not blame others.
There was a time iseem was so desperate (or maybe he pretended like he was), losing his money.
Then came the infamous bro-in-law and gave him information and trust.
Then there came the legendary contact to ACMG, which gave him more trust and a hint on things to come...which didn't happen - ok, shit happens.
BUT everyone on this board took the statements of iseem with more than a grain of salt...it was kind of fun, but I'm sure, hisw posts were not the reason to buy more or to start buying.
IMHO someone like pinkeyepete had much more influence during a longer time on the sentiment of this board than iseem with his few posts.
Not so speak of jerseyboy.
This is no pun intended - we all responsible for ourselves and our decisions and many of us here on this board (me included) had the chance to sell with a profit, then had the chance to sell with +/- 0, then had the chance to sell with a loss of 10%, 20%, 50% etc. - but we didn't do it, and everyone had his own reasons.
If you speak of guilt - there is only one person, we can point at, given the current circumstances: Mr. Cavasin.
Please stop inquiring other people for things you are responsible by yourself.
No more hope & miracles?
Hey Sentinel,
has been a pleasure to have you moderataing this board.
Thanks for your efforts and hopefully there will be a good reason for your return...
GL!
Great idea!
We've come a long way with ACMG to get to know each other (as far as this is possible via a messaging board...).
I'll start with my big holding - watch out: OT!
Patriot (PTSC) got an excellent ruling from the Markman Hearing, seems to be the breakthrough and here I'm quite sure...lol
I understand, what you mean.
It seems, the news are taken away from the site after three months of its publication - my guess.
IF this is a scam and Cavasin wants to lead people in the wrong direction with the SIAM-News and the BP, then the question is, why they changed this little sequence in the sentence regarding the acqusition of the building???
It's obviously weaker, if it states, "a building has to be acquired" instead of "a building was acquired" - why would you do this, if you want to scam anyway...?
Hopes & miracles!
There is NO change in the sentence on page 8 regarding the patents:
"Patent Considerations
ACMG has now filed for a first patent and is in the process of finalizing two additional patents for filing worldwide."
You confuse it with the FAQ-page, where it states (also for months):
"We filed a first patent and now finalized a second patent filing for world-wide protection of our process and are presently finalizing a third patent to protect our reactor design and specific parameters."
I check the ACMG-site everyday, and would be more than happy to discover changes, no matter if minor or bigger, but so far the last change was two weeks ago in the BP, detected by mark_m regarding the acquisition of the building.
Hope and miracles!
Nothing new - has been there for months...
I understand both sides and I have to admit, the posts of jerseyboy gave me additional trust to invest in ACMG.
But one thing is for sure: the main trust I got from the mails I received from Mr. Cavasin, because they supported the content of the communication between jerseyboy and Mr. Cavasin.
Another "but": If I would have known, that the "little birdie" was Cavasin, this might have been helpful and sometimes would have put things in a different light...
Though everything seems to show ACMG is a scam, it's hard to believe, that Cavasin planned this from the beginning and communicaterd with different shareholders in the way he did.
I agree, it's much more likely, that he, who was described as 'naive and gullible' person, was faced with big trouble and problems in Asia, maybe they tried to betray him, I don't know.
I hope, there will be an end to this story soon, because I need more time for my normal living...lol...
GL from sunny bavaria
The same with me, to_profit:
I'm in ACMG since April 06 and followed this story nearly day by day.
I remember, when the possibility for private placements was on the website and after some months it vanished due to the financial positive developments of the company...
Though there are definiteley more red flags than green ones, I still refuse to believe it's a scam. My guess is:
Something happened, which changed the plans dramatically - or there is a secret plan going on behind the scenes... with one possible outcome, which I don't like at all: taking ACMG private...
The next interesting milestone will be, IF the SEC follows the complaints filed by some of the ACMG shareholders - and IF they find bad or good things...
Good night from Bavaria...
No, I'm not buying, though I could need the averaging down-effect...
@leighoh1:
"Good morning"?
It's half past four pm over here...I'm getting tired again...
GL
Everyone still seemed to sleep, when I wrote this post this morning - I'll post it again:
I would like to have a look at the current situation - and I would appreciate IF THERE WOULD BE A DISCUSSION without bashing or pumping or whatever.
On the bad side we have:
- NO company available in every way
- NO information available on everything the company told us (SIAM, plants etc.)
- NO information about the TA avaible, could be NO TA according to some posters
- BHL denied any contact with the doctor in the last two months
- Massive tanking of the shareprice
- Massive loss of money from the so called "longs" (I still refuse to call us dumbs...lol...)
- Definitely more shares in the market than the said float of 45mio
- Legal and financial problems/issues between Stefoglo and Cavasin according to Stefoglo, though it's strange, that Stefoglo claims rights to the technology on the one side and on the other side he says Cavasin would lie in the white paper
On the other side (I'm not saying these are "good" points, but actually they are not bad...) we have:
- confirmation of M&G group, they "concluded an agreement to evaluate technology of Alcar Chemicals Group" - but we don't know, if they did it and found it not valuable
- confirmation of BHL, that ACMG is allowed to do something - though this is from march and according to BHL there has been no more contact since then.
- strange sell & buy-behaviour in the last two months
- changes in white paper (two versions) and in business plan (four versions) - the last change some days ago regarding the acquisition of the building.
- Mail from Peter Pascali, president of Pyrogenesis, former employer of Mr. Cavasin, who gave some credit to Mr. Cavasin's character - which doesn't help us really, because even with a good character you can't change bad developments (if the SIAM connection broke or similar)
I agree with those, who file complaints at the SEC - I think, it's a good thing to do and it doesn't hurt ACMG.
I agree with those, who question ACMG being a scam, because Mr. Cavasin could have increased the shareprice with the MN1-interview and several PR follow-ups. I guess, it wouldn't have been a problem to bring the price above 20 to 40 Cents. But this didn't happen. So IMHO the scenario of a real "pump&dump" doesn't fit here.
We don't know nothing and I agree: so far the bad side weighs MORE than the "good" side, because the bad things are obvious and seem to be "hard facts, while the good things are hidden and only "soft facts" (people telling something about Cavasin/ACMG).
IF there is NO TA since 6th of June, WHO is handling the sells & buys - does anyone know this?
GLTA from Bavaria
I would like to have a look at the current situation - and I would appreciate IF THERE WOULD BE A DISCUSSION without bashing or pumping or whatever.
On the bad side we have:
- NO company available in every way
- NO information available on everything the company told us (SIAM, plants etc.)
- NO information about the TA avaible, could be NO TA according to some posters
- BHL denied any contact with the doctor in the last two months
- Massive tanking of the shareprice
- Massive loss of money from the so called "longs" (I still refuse to call us dumbs...lol...)
- Definitely more shares in the market than the said float of 45mio
- Legal and financial problems/issues between Stefoglo and Cavasin according to Stefoglo, though it's strange, that Stefoglo claims rights to the technology on the one side and on the other side he says Cavasin would lie in the white paper
On the other side (I'm not saying these are "good" points, but actually they are not bad...) we have:
- confirmation of M&G group, they "concluded an agreement to evaluate technology of Alcar Chemicals Group" - but we don't know, if they did it and found it not valuable
- confirmation of BHL, that ACMG is allowed to do something - though this is from march and according to BHL there has been no more contact since then.
- strange sell & buy-behaviour in the last two months
- changes in white paper (two versions) and in business plan (four versions) - the last change some days ago regarding the acquisition of the building.
- Mail from Peter Pascali, president of Pyrogenesis, former employer of Mr. Cavasin, who gave some credit to Mr. Cavasin's character - which doesn't help us really, because even with a good character you can't change bad developments (if the SIAM connection broke or similar)
I agree with those, who file complaints at the SEC - I think, it's a good thing to do and it doesn't hurt ACMG.
I agree with those, who question ACMG being a scam, because Mr. Cavasin could have increased the shareprice with the MN1-interview and several PR follow-ups. I guess, it wouldn't have been a problem to bring the price above 20 to 40 Cents. But this didn't happen. So IMHO the scenario of a real "pump&dump" doesn't fit here.
We don't know nothing and I agree: so far the bad side weighs MORE than the "good" side, because the bad things are obvious and seem to be "hard facts, while the good things are hidden and only "soft facts" (people telling something about Cavasin/ACMG).
IF there is NO TA since 6th of June, WHO is handling the sells & buys - does anyone know this?
GLTA from Bavaria
Well, not much shares trade so far...normally I was saying "no traders&flippers", but today it looks like they are hoping for a quick jump.
Could anyone get some information from AST&T?
TIA