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Not on the Alcoses site, media section. It spells out .57 clearly.
News is out
Patriot Energy and Marmara Motorlu Issues Joint Press Release
2009-05-21 13:14 ET - News Release
MONTREAL, QUEBEC -- (MARKET WIRE) -- 05/21/09
Patriot Energy Corporation (PINKSHEETS: PGYC) and the Alcoses Group, the holding company of Marmara Motorlu released a joint press release today.
Alcoses Group, the Holding company of Marmara Motorlu reaffirmed its offer to acquire 100% of the outstanding stock of Patriot Energy Corp. at a price of $0.57 per share but reserves the right to continue acquiring shares in the secondary market. Representatives of the company also stated that they would not be present at the shareholders meeting in order to prevent any perception of interfering with the vote and that a proxy was already submitted to the company.
Patriot Energy has sent a notice of the shareholders meeting as well as the proxy and information circular and the meeting is schedule to be held on June 9, 2009 at 9:00am at the Montreal Fairmont Queen Elizabeth Hotel.
www.alcosesgroup.com
About Patriot Energy Corporation
Patriot Energy Corp. is a management holding corporation, which owns a wholly owned subsidiary named TelTeck Solutions and owns a 99 year exclusive leased license agreement with Tectane Technologies Corporation for the Dual H2O Engine Oxygenator and New Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot Energy specializes in the development and marketing of energy efficient technologies with a focus on reducing America's dependence on Foreign Oil.
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contacts:
Momentum IR
Max Gagne
514-913-0351
877-253-7001
Maybe because the company is based in Canada and release all press releases in Canada. Just a guess but I would prefer US dollars for obvious reasons.
The price in US $ will vary everyday from now until the date of record. If you're American, you'll be paid in US $ while if you're Canadian, one will also be paid in US $ but can wait to see the tendency of the curency market and play it to your advantage by waiting for the best exchange rate.
I have my clicker on the sell button and if the news is confusing again, I'll dump to buy later in the dip. I'm starting to cramp.
With TD, one has to buy via telephone but can sell online.
Exuberance like last Thursday and Friday. There are lots of non believers and bashers which has nothing to do with the company. I think that it will finish around 7.5 to 8 cents but there's a chance that there may be a replay of last Friday depending on the players involved?????
I hope you didn't bet your life on this because the risk that if finishes at 5 cents is highb based on last Friday.
Then, sell at 7 cents and buy back at 3.5 to prepare for the next pump and dump if you believe that this is the way of the company. This one is a no brainer.
Of course, if 11:00 o'clock is to be fun, I'm tempted to dump at 10:30. I remember last Friday.
The stock wouldn't reach 2 cents that the buyers at .70 cents would dump with almost a 200% profit. It sounds petty but it would happen without a doubt.
This sounds like one of those promises from last week that went crashing and most of the pumpers could not longer be found on this site. PGYC has the potential for a nice pop but there are too many bashers which promotes shorting from brokerage firms like Knight, etc...
We're day early, last week it was Thursday. Is the dump going to be Thursday. That would a fantastic variance but the same result. I just hope that the Marmara Motorlu representative is not some jack@$$ that they hired yesterday for that purpose.
Ryan is no longer in the picture and Tony Papa stays around every one of his old shells in the event that can get his hands of it again. Tony Papa is not an investor's friend because he will dump the stocks (which has already been done with EFFC and PGYC a long time ago) and if it doesn't react upwards, he will go for the kill and buy his old shell again. This is no secret and he alone would a good crime story for you. Ryan is a little fish in the ocean and probably not worth the effort except for the Bud.
The real question is: "will it crash back to 3.5 cents tomorrow like last Friday.
I that case, why don't you follow the stocks where they are instead of the stocks where they have been. These guys have left PGYC and EFFC quite a while ago.
Hope you're right but I have my doubts.
Before we check at who's laughing, let's make sure that it does rise without crashing down like last week. Last week, it came up to 8 cents only to crash down to 3 cents at 3.5 at the close. What you want to see is a permanent rise which has never happened with PGYC so far.
If you short this stock, you're out of your mind. The risk is too high for anyone except a brokerage firm. They can afford to make up for it elsewhere but for a single investor, you can eat your shirt on this one. Even if the odds were 50/50, the loses could be huge if one shorts naked.
Knight will. There're well known for shorting any stock.
Tony Bisante is so well known that when he met Obama at the White House, people could be heard saying: "who is this guy next to Tony Bisante?" LOL.
Like last week?
Is this a rewrite from last week? That didn't work out too well now did it?
Somehow, I doubt that statement. If it was true, they would be everything is sight below 20 or 25 cents and the stock wouldn't close at 4 cents. It's an easy statement to make but will it really happen. If that stock would go anywhere above 10 cents, I would have a hard time staying in for the duration. The higher it would go, the more I'd be tempted to download.
You can always flush it down with a Bud.
The last time posters called for a train and lots of steam, we ended up aaaaaaaaallllllll the way to 7 cents before it crashed to 3 cents. That must have been a hybrid train without batteries.
That was close........
What do you mean "our shares". Surely, you don't have any shares of PGYC now would you?
Probably why it's not selling.
I don't know how knowledgeable you are about house prices in Quebec but a house like this would be worth aobut 1.2 to 1.4 million bucks. Montreal is not like Toronto, Vancouver, Calgary or big US city by any means. Quebec is one of the cheapest provinces to buy a property in. As soon as someone start talking about separation from Canada (an on-going saga), the price of housing spirals down.
sorry buddy but no payout on the 22nd. First, we have to vote on June 9th. Shortly thereafter, a date will be determined as final transaction day and payout will only occur some days after. No money until at least mid to end of June, I'm afraid.
That CFO has been long gone already and he's suing RH. This no longer applies. If Dominic Landry is your new CFO, it's old news and he's moved to greener pastures.
I wonder how long he'll stay without any money to pay him.
The VP Sales, Counsel and CFO have all resigned and are suing the RH, now.
Since EFFC shares Dan Ryan and Tony Papa and others with PGYC, should I also run away for it too? After all, Raphael Huppe did a pump and dump with Tony maybe both of these company are made of the same cloth?
Yep! Agreed
As you can see and read from Mediatik's post, it was all BS.
Mediatik
"Again im sorry for the trouble i was just doiing my due diligence for someone needing advice and it seems that RH is watching this board or maybe hes one of you because he seems to know my alias and about the post i did here"
Actually, there is a person here that's very close to him. I'll refrain from naming the person but you'll be smart enough to guess.
Mediatik
"it is our right as investors to seek the truth and not be blinded into beleiving everything we hear"
Is this why you lied to us, so as to seek the truth. That's pretty twisted and dishonest. The friend you're so concerned with wouldn't be Raphael Huppe himself, now would he???
Fever, Relax and Hermon, I'll get back to you shortly with valuable info.