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That's right. Can't argue here...
But, I still have a very little hope this POS may work out at some point.
I can’t believe that the whole PR campaign started in April 2006 was just a preparation to take investor’s money and disappear. I’m thinking this way because the AC guy has gone too far promising his investors a bright future If it comes to real investigation he’ll be in jail with no money, no reputation etc. JMO
Looks like we'll see a heavy selloff on Tuesday?
We are losing large holding longs. This may be exactly what AC/SIAM want if the whole thing is real. May be not...
I've decided to stay in till the very end whatever it will be.
My holding is 600K and the downside risk is: 600 x $0.028 = $13.8K
I'd better lose this money rather allow them to benefit from my investment. JMO
A funny thing is that my gut feeling says that this POS will start running next day if I sell my shares.
I wouldn't argue with you this time
You might be right...
Home address and phone of the Russian guy working for Alcar:
E Stefoglo
4155 Bourret
Montreal, QC H3S 1X1
(514) 733-7430
The Canadian white pages search engine doesn’t return anything on AC.
Wondering why???
Sounds good to me.
I think we all here would appreciate sharing your knowledge.
Thanks in advance.
I think we should open a discussion on what to do if ACMG/SIAM don't provide an update by the mid of June. This timeframe looks to me the VERY LAST reasonable one we could give them to show up. What’s next if they don’t show up? Does anyone have any experience in dealing with such things?
IMO, the AC guy has gone too far in his projections and promises to just disappear with our money and remain an innocent man. If the entire ACMG story is a scam or even if ACMG got scammed by the TA (whatever scenario), it is still 100% CEO’s fault and AC must face serious justice consequences.
Once again, WHAT’S NEXT???
Mid of June... I agree. Many things should come together by that time.
Today we have another chance to test 0.03 support.
Looks like there is an agenda to keep ACMG pps at/or slightly above 0.03. We'll see.
Most likely h)...LOL
Interesting action this morning.
Looks like someone still wants our shares.
As far as I know the bottom is "zero"
Being a newborn on the MB I would probably be more modest.
You probably bought your ACMG shares today. I wish to listen to your song in couple of months.
Whatever "must be going on" we deserve an update. We are longs – people who have created strong pps support are in fact treated like POS. I can accept whatever truth except keeping me away from the reality. Period!
It’s very sad that the true longs, people who have contributed A LOT to our DD have started selling their shares. On the one hand, if ACMG starts running on news they would be able to recover their losses even with half shares. On the other hand, if my “conspiracy theory” is valid this is exactly what AC/Siam want – shake out weak shares.
All is my speculation here. We don’t really know what’s going on behind the scene.
However, what I know for sure is that AC has completely lost his reputation and his so-called “integrity” being a part of this dirty game by whatever reason. His chicken behavior doesn’t leave any room for further respect and trust.
JMO
My impression was that SSTP had:
O/S 35,124,550 as of 2007-04-18
http://www.pinksheets.com/quote/company_profile.jsp?symbol=SSTP
You probably meant USSE in your post. That's right, they have close to 2B O/S.
Please correct me if I'm wrong.
I agree.
I'm a relatively small SSTP investor holding just 50K @0.068 average. The reason I invested in SSTP was that USSE didn't grant SSTP divvy to public. To me it means the management decided to protect SSTP from dilution to leave this stock for "special" people when it starts running
JMO
Too bad...
This stock will be available for less than 0.1 by Friday, IMO
Take a look at their last PR. It's completely meaningless.
Sorry,
I'm not able to answer your question since I have a free account limited by 15 posts per day. I hope Sentinel would be able to answer your Q
Do you remember our conversation about AURC the other day?
Are you still in?
He doesn't sound intelligent enough to be able to offer any reasoning.
I always get very suspicious when a stranger starts “taking care” of my investment.
you're on ignore
It's very sad Pete you took $18K hit due to Dr's so-called "integrity".
This is one more confirmation that pink stocks should be traded “in & out” regardless fu#$%^& reputation and integrity of CEOs. We all got trapped here.
Once again, if I traded this POS like I trade other pink/sheet b/s I would make 200% profit so far. Instead, we all are in loss.
“IN and immediately OUT” – That’s it!!!
Shame on you AC!!!
Jenthico:
"The way it has been explained to me is that SAT/FST still is the TA for ACMG, but AST&T is the TA for the spin-off ARTL."
Reading the above sentence may I assume there is some leak of info about ARTL? Or it is just my post-beer illusion... LOL
Sounds great!
It would be the best contribution to our DD so far.
Do you have a reliable source of info?
A silly question... of course you do, Pete
Sorry
My fault... I meant "private" in that post
Too much beer tonight
That's right.
I assume before putting $7.2 in escrow Siam had enough time to evaluate ACMG technology. Otherwise, it doesn’t make any sense. Right?
Taking into account my own experience with dealing with Asian companies I would assume they triple-validated the technology before inking any official paper.
If this happens what's next?
If they decide to take ACMG/ARTL private it may become a big trouble for us. As far as I know, when a company goes private they offer the last trade price + 15% to buy the open market shares back. In our case it means $0.03 + 15% = $0.0345
$0.0345 = BIG TROUBLE
According to the last PRs and the ACMG business plan Siam wasn’t going to take ACMG/ARTL(acronym) public. Definitely not. However, it might change. We never know.
The advantage of taking private is that they will not need to share their operation profit with public investors. However, in that case they should have really deep pockets to be able to finance the entire project over the yrs - $282M is not a joke… Do they have their pockets deep enough or not? We don’t know… Another advantage of taking private is that they wouldn’t need to deal with SEC and very demanding public investors, which would be spoiling their life.
If they don’t have really deep pockets buying back 70% of the free float at $0.04 average, restricting it then and increasing pps by posting good news, would allow them to finance a big part of the project using newcomer’s money. They could simply be selling these 30M-buyback shares back into the market over five yrs. If the average sell price over five yrs is $5 they could get $150M – half price of the whole project.
JMO
Welcome on board “onecup”. Good to see a newcomer.
Hopefully, when this thing works out you’ll change your screen name to “twocups” or even “three…” LOL We never know…
This stock is the most mysterious investment I’ve ever made. Still don’t understand why I didn’t play ACMG back and forth to make quick money. But, now it’s too late to regret. I’m long here like we all are.
GLTY
Why are you citing AC?
We all know what he said.
Unfortunately, we don't know how much out of that may come true.
No...
I meant a different stock in my post. It's not a pink stock. It's a real one. I also bought some 150K ACMG when it was deep low - just for day-trades
Very good point!
When I was a "so-called smart investor" I was losing money every year. Then, I realized that I could get much more if I become a trader. I managed to cover all my past losses rapidly.
If I traded ACMG like I trade other stocks I would be in 200% profit right now AT LEAST.
My trade rule is following Big Money. Buy when they buy and sell when they start. Following my rule I bought a stock on Friday, which looked extremely bad yesterday. I can bet I'll make minimum 25% profit by the end of the next week.
The fact AC is staying in SEA right now is very positive. To me it means that the relation with SIAM and SIAM itself are real. Basically, everything is going according to the PR's in March. Most likely, we have no-PR because of the TA issue. AC/SIAM may want to wait till the T/A transition is done and then if the N/S issue still exists act accordingly.
Remember, the silence started Monday March 26 just 2 days after the last PR. Nothing bad could happen between March 23 to March 26. It means the silence started on purpose.
Good night to you too ... LOL
Let's wait till Monday
Time will tell who's right here.
I am not more pumper than you basher
I hold this stock by the reason. If I had no reason I would sell it long time ago and move on
Sorry, misunderstood
Monday will be flat or slightly up.
Friday close to 0.04 if no news
You can disagree with my theory, but the game's going on. It started on March 26th and still going. What's your theory then if any?
Let's wait than.
Remember AURC has a limited amount of PRs to push the price up.
They couldn’t drive pps up from the 0.13 level. It means they will wait till the 0.08 TA support to double and dump. Simple equation with a single variation – “pump&dump”
BTW, I couldn’t find any Zabaykalgeoprom/Aurus connection in Russian sources.
I think if I call Zabaykal to ask about Aurus they will be very surprised.