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IS it like a spinoff??
Guys, how the level II look so far??
Hi everyone, I'm wishing you all a green day above 0.10$ !!!
No rush to the finish line today?????
sys jam or what???? stuck a 0.063
Me too, I beleive hardly into Dr Cavasin.
I hope to see soon the plan rise in Canada. I'm waitin for a invitation from the company to visit the site and take some pictures.
Go Go Go ACMG Go, push it and let it go
where stuck, no more buyers???
Is it possible to ACMG to buy us out to become private, if yes what their advantage by doing it
What is a change in CUSIP number. What this will do
is there some 0.11 in the L2
i'm not selling until min 50$
Is the small incrementation will stay for long? I hope to see 0.05 incrementation
bring it to 0.11
Please can someone post the full L2
Alcar Chemicals Group and Siam Renewable Energy Group Announce Signing of Definitive Acquisition Agreement
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Last Update: 10:13 AM ET Mar 19, 2007
MONTREAL, Mar 19, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announced today that Siam Renewable Energy Group Ltd has approved and signed the definitive agreement to acquire the controlling interests of ACMG.
According to the company, the definitive agreement was finalized and signed today in Singapore, whereby the Siam Renewable Energy Group Ltd. acquires 55% of the company for a total investment of $282M, a value of over $2 per share.
According to the company, the agreement specifies the following:
-- Siam Renewable Energy Group Ltd. will inject a total amount of USD
$282 million dollars for a total of 137.5 million restricted shares. The
first amount of 7.2 million dollars, subscribed as a convertible loan at $1
per share, will go towards the building and start-up of the first plant in
Canada, to insure ACMG will be able to meet its contractual obligations, as
well as the scale up engineering. The loan bares no interests and no
repayment modalities for twenty-four months but will be automatically
converted into 7.2 million shares baring a two-year restriction upon
completion of the Canadian plant, expected for end of August 2007.
-- Warrants are expected to be executed for each of the following four
years, in April 2008 7.2 million restricted shares at $1.50 per share, in
March 2009 7.2 million restricted shares at $3.50 per share, in February
2010 7.2 million restricted shares at $5 per share and in January 2011 7.2
million restricted shares at $10 per share, these amounts corresponding to
the cash input scheduled within the business plan for the projected
expansion of ACMG's ethanol production in South East Asia.
-- In addition, Siam Renewable Energy Group will complete the forecasted
financing of the ethanol facilities for a predetermined fixed amount of
shares. The agreement defines that in March 2008 Siam Renewable Energy
Group will return 17 million shares to Dr Cavasin from his shares held as
security and will invest USD $65 million dollars to receive 30 million
shares baring a two year restriction. In February 2009, Siam Renewable
Energy Group will return an additional 17 million shares to Dr Cavasin,
always from his shares held as security and invest USD $39 million dollars
to receive 25 million shares baring a two year restriction. In January
2010, Siam Renewable Energy Group will return an additional 17 million
shares to Dr Cavasin and invest USD $27 million dollars to receive 25
million shares baring a two year restriction. Upon completion of the third
plant and beginning of construction of the fourth ethanol facility,
foreseen for December 2010, Siam Renewable Energy Group will return 11.5
million shares to Dr. Cavasin from the remaining shares held as security
and the balance of 5.5 million shares will be transferred to Siam Renewable
Energy Group which will receive an additional 16 million shares baring a
two year restriction issued to them at that time.
-- With the singing of the agreement Dr. Cavasin's resignation as CEO of
ACMG and his new position at Siam Renewable Energy Group as COO and
Director of Operations becomes effective. The transition is expected no
later than by March 27th 2007. ACMG will be restructured according to a
most recent plan now being finalized and which will be announced shortly.
-- Following the four year expansion plan proposed by Siam Renewable
Energy Group, ACMG will be operating five plants in Canada and South East
Asia for which present management and shareholders in the float will hold
45% and Siam Renewable Energy Group will hold 55%.
-- 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.
-- The definitive agreement is schedule to close on or before May 7,
2007.
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.
About Alcar Chemicals Group Inc.
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents todays most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
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.
Investor Contact: Steven Sung IR@alcarchemicalsgroup.com
SOURCE: Alcar Chemicals Grp
mailto:IR@alcarchemicalsgroup.com Copyright 2007 Market Wire, All rights reserved.
super close, 0.058. monday it will open a 6.5
nice jump to 0.0485
ok no problem, give me your e mail will keep in touch
are you comming to Montreal
JUST BOUGHT ANOTHER 5000 TOTAL 205 000
I own now 200 000 shares
There is a lots of buildings there:
http://www.spipb.com/parc_industriel/espaces.php?section=terrain
The facility, comprised of an existing 25,000 square foot building situated on a 370,000 square foot lot located in the Parc Industriel et Portuaire de Bécancour,
They are the best in Canada, They charge a lot $$$$/hour
I dont know their accountants,
I know, that park is very well located, near the rivers wher big boat can park, and also the are 3 main hightway
I sould have ACMG permission too
I, need the exact location in the industrial park
By the way, I live about 15min from the new plan of ACMG in quebec Canada. I I had the address I try to keep you informed
i'm french speaking also, that's why I have some problems with those terms, but I'll catch up fast,
Thank's a lot, i'm new in the stock market
Please, can someone tell me what is:
P/E * 15
and
P/E * 25
2007 2008 2009 2010 2011
------ ------ ------ ------ ------
EPS $ 0.02 $ 0.23 $ 0.94 $ 1.74 $ 2.93
------ ------ ------ ------ ------
P/E * 15 $ 0.3 $ 3.4 $ 14.2 $ 26.0 $ 43.9
------ ------ ------ ------ ------
P/E * 25 $ 0.5 $ 5.7 $ 23.6 $ 43.5 $ 73
------ ------ ------ ------ ------
Free Cash Flow per Share $ 0.02 $ 0.62 $ 1.48 $ 2.72
------ ------ ------ ------ ------
I just bought 105 000 shares 0.395
please current L2
728 646 vol at 9h39
NEWS
Sustainable Power Corp. Featured in Interview at WallSt.net
NATCHEZ, MS -- (MARKET WIRE) -- March 15, 2007 -- Sustainable Power Corp. (PINKSHEETS: SSTP) (PINKSHEETS: USSE), a provider of green energy power plants, announced today that the company's SVP of Business Development, Robert Davis, was recently interviewed by WallSt.net, a Financial Media Group, Inc. company. As part of a larger effort to raise awareness of technologies intended to meet or exceed Congressional directives on green energy adoption, Mr. Davis participated in the interview introducing the company's short term milestones and achievements to date. An audio version of the interview is available at www.wallst.net by selecting Interviews from the main menu.
During the course of the conversation, Mr. Davis discussed the positioning strengths and market advantages of Sustainable Power Corp. "Clearly what we have here goes past the ideology of just investing in alternative energies for the sake of it," stated Davis. "We have a green energy company whose value proposition makes sense, an instantly accessible market with a clear demand, and an experienced management team capable of selling power plants even without the green energy equation. Add in our ability to integrate USSEC's biofuel for performance without compromise to our environment or our economy, and we have a clear route to emerge as a green market leader."
The interview progressed highlighting other key achievements and immediate milestones for the company. Highlights of short term company objectives included:
-- The company's application for formal designation as Green-E certified,
a renewable electricity certification program provided by the leading
verification organization in the country. The accreditation will support
the first two year objectives that SSTP has in providing an estimated 3.6
billion green kilowatt hours, to be generated from the management of six
smaller projects in three compliance mandated states -- representing only a
partial scope of current opportunities the company is considering.
-- The creation and management of a worldwide coalition of turnkey
integration specialists, power plant construction firms, and facility
management groups, allowing for easy adoption and integration of
sustainable power plants and the USSEC biofuel discovery across multiple
markets and countries for a smooth transition. The program also includes
licensing foreign territories to develop key partnerships to maximize area-
based representation, and presenting the coalition to the Senate
Subcommittee on Renewable Energies to help with congressional direction on
policy generation involving emissions reduction and adoption rates of
alternative fuels.
-- The establishment of a Global Joint Venture and Special Projects
Finance Panel, allowing for fund allocation and project financing to be
ideally matched on a project to investor basis. The network will include
more than two dozen members and project financing specialists, allowing for
individual plant opportunities to be matched to the most cost-effective
funding source based on project size, region, participation rate,
benefactors, and investment charter.
Further information on Sustainable Power Corp. can be obtained by visiting them online at www.sustainablepowercorp.com, or by visiting the USSEC Information Bureau by visiting www.maximuscommunications.com.
About Sustainable Power Corp.
Sustainable Power Corp is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one fifth of the soybean acreage traditionally associated with biodiesel.
SSTP services range from feasibility studies, project financing, and site design, to full scale facility development and turnkey plant construction. The superior performance gained from using the renewable fuel source allows the company to offer green energy facilities ranging anywhere from 5MW to 500MW, featuring complete turnkey power solutions that offer exceptional value over all other market alternatives.
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
--------------------------------------------------------------------------------
Investor Contact:
Jens Dalsgaard
Redwood Consultants, LLC
415-884-0348
Information Bureau:
Robert Davis
Maximus Communications
815-429-3313
SOURCE: U.S. Sustainable Energy Corp.
if someone whant to add everybody shares, I have 100K
Maximus, do you think we can have more new pictures of the plan, so we can see the progress at this date
can someone please send me a link where is the explaination of naked shorting