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Petresa vs PCI chem.
PCI doesn't offer international exposure, and Petresa is owned in majority by the largest petrochem company in Spain with operating plants on 4 contenents. Only Petresa could be connected to Siam.
Location of plant discription said about 1/4 mile off hwy30. PCI is several kilometers off hwy30, and Petresa's driveway is only about 1/4 mile off.
PCI is a public traded company and the LOI would have required a PR if they were part of Siam.
PCI would have also been required to PR a sublease of property if it involved any income generation, or asset alocation (property) to Alcar.
When you read the discription of who/what Siam investors are, you'll find it matches up well with Petresa's owners, and doesn't apply to PCI at all.
I submit my opinion that only Petresa could fit the site location discription, and have ties to Siam.
I've been sitting on this for over a month waiting to see if anyone could figure it out. Petresa has hydrogen as a buy product.
<<Petresa>> is the key if your smart enough to figure it out. All the answers are found there. Oh the bashers will be out in full force to discredit my statement, but don't be head faked by their crap posts. Don't expect this company to tell you crap, and ISeem doesn't have a clue what's going on with the buy in.
See ya Monday.
Don't get your tail in a knot just yet. Alcar is a pimple on the ass of Siam in size comparison. You don't understand yet, but you will.
I send you one by the end of the day.
No I haven't lost confidence in the product, but new management is starting to piss me off by playing games, and not releasing data. They've had time to buy the 30 mil shares, and getting greedy over a few 1/10s of a penny isn't floating my boat.
Nope..............
It's time to tell you what I think.
It's been long enough, and the company should step up and give a PR. I don't think we'll be hearing from the Doc, because he's nothing but an employee these days, and Siam got his voting rights with the merger.
When I get a chance this weekend I'll post the location of where I think the Canandian plant is, and give my reasons why I think it has a 90+% of being both the location site, and ties to Siam.
Today's the last day before I'll turn the dogs loose.
wooo dispair excessive misery
I searched the world over and thought I found true love
The buy out couldn't happen for a few years with the buy in structure on acmg. ARTL is another story, and a buyout offer could come soon after the divvy if Siam can swing it.
Noon and not even 200k traded
Well we know Alcar had been working to complete a audited complete financial report on the company back in Feb. So they've been trying to meet the requirements to relist on the OB. Relisting on a major exchange is out of the question with a stock price below $3 at this time, but later in the year it might be able to meet the listing requirements if everything falls inline with the merger, and business plan. With the projected growth in the business plan it's reasonable to expect the stock to become a market favorite, and trade at a very high premium.
The sstp deal was designed in a odd way. It was never clean to start with, and I couldn't figure out how they planned to pull that off. The spin off from acmg doen't involve anything other than acmg shares, and that's as clean as it gets.
no........................ not the new location
I've done the ipo search also, but I'm not sure how it works when all the shares of the new company are divvy shares, and none are sold in a ipo offering. All the ipo data lists involve a initial public offering, and not a divvy company.
Number of shares traded is pathetic this morning. Most stock trade 1/3 to 1/2 there daily volume in the first hour and a half.
Best post of the day Jenthico.
So it all comes down to when the SEC approves listing altr on a exchange.
Iseem used to work for Enron
Iseem is Dick Chenney
Well Greeng I'm still holding all my shares, and I'll match my stock picking track record against anyone over the last 12 months. These bashing bozo's really don't know what's going on, and are fearful of what's going to happen next. Can't really blame them for being that way, because the company is looking a bit shaky. It's all about the value of their product, and profitability after production. Unlike 99% of the pinks this company really has something of value, and for that reason I'll hold my shares. I've learned along time ago that a company with a profitable product will find a way to servive, and thrive.
The LOI contains a closing date, and a bunch of other legal stuff.
Yes, and I'm not well aquainted with their use in this type of operation at all.
A business plan is just a best guess map to the future, and isn't a legal doc in any sense of the word. I don't see why you couldn't chnage it when ever you thought it needed it. It could be his grandma doing the editting, or his girl freind. lol
You know it's funny, but I know enough about chemistry to tell you the Doc reactor will work to make glycols, but I can't say if the yeild would be that much greater. Of course any improvement in yeild would make the reactor system the market leader. Step one in the process would increase the rate of production requiring less time to complete, and that in itself is a cost saver of energy consumption. Can they make the reactor system produce ethanol beyond the equalibrium precentage they achieve during glycol production? That's where I'm not seeing a answer at this point. Maybe just adding more excess hydrogen, or raising pressure could do the job? Maybe changing the calcium buffer to a higher PH?
Anyway I bought into the company because of their glycol (plastic resin) production method. I did notice on their white paper that wood conversion is not their main focus. They are looking to convert grasses, straw, ect. All good and easy to come by raw materials.
The name is a joke on ISEEMTOBEWRONGALOT. I'm not so sure it's him at all. More likely a prank
Is the float shinking? Trading 7 mil yesterday would indicate it's hasn't been reduced by any measurable degree. If 30 mil shares have been taken out of the market the accumulation/distribution chart should show it, and it does. On the 1 year chart it's showing 69 million shares under distribution. One of the lowest readings for the period. On the 6 month chart it's showing 30 million accumulation off the lows. On the 3 mo. chart we have 30 million accumulation from the lows( this is the time period most of us bought into this company, and it was higher when we made the run to .18) This accumulation run did start in early April for a total of about 28-29 million to date. So maybe Siam is buying, or maybe investors were buying. On the 2 mo. chart we hit 30 mil accumulation a day or 2 back from the lows. On the one month we've gained over 29 million in accumulation from the lows. Anyway I don't know how many shares the company sold into the market in the past year to finance operation. If they sold none it would indicate a steady distribution into the market over a long period of about 70 million shares. By the A/C chart I can tell you that we had about 10-12 million NS shares enter the market, during the run to .18, and the accumulation chart would need to show 40-45 mil to account for both Siam, and the NS being covered. It's my opinion that if Siam is buying, and the NS are covering (which they may not be) the stock should show at least 15-20 mil more shares on the A/C chart. If it's only Siam buying along with stock holders we are near completion of their buyin. That would also leave 10 to 20 mil shares NS being held by stockholders in the market. I think with the TA being under new management those NS shares are being recovered, but who knows for sure. So if it's only Siam buying we have completed the buy in, or nearly so. If NS are recovering shares also we have a week to go until it's all completed.
Yes, but nothing in said anything earth shaking. Seems like a nice enough guy, and he's still digging for info like the rest of us.
I'm very real Jenthico
I'm not calling him a crook "yet", but if I loaned a freind a large sum of money to make a business purchase with a clear completion date (May 7), and then May 7 came and went without any word, or contact. I believe I would have grave misgivings about what had happened, and where he disappeared to.
Well I'll see you all tomorrow on the board.
Is the Doc a crook that would steal money from the Pope, or his dieing mother? or a stand up guy that has a real product, and a wonderful merger deal for stock holders. I guess we'll know very soon. Do the NS shares exist because he didn't pay his bill to SAT, and they sold NS shares to recover what they were owed. Did his 65 mil shares go into a bogus escrow acct only to be shorted out of the box with no intention of ever covering those 65 mil shares? With the Doc pocketing all the money?
There is enough clues to indicated there is a TA transfer in progress. (that's a positive point) There are a lot of negative points based on lack of communication, and the lack of tangible assets. I think by the end of the week things will be black, and white enough to pass judgement on this company. I haven't sold a single share, and will be a very unhappy camper if the Doc turns out to be a criminal.
Serve Night Train for a sock hat?
It's only 12pm here on the west coast. So you have a extra 3 hours my time. lol
For hat eaters I recommend a 16oz glass of MD20/20
Iseem isn't noted for his time table predictions, but I hope he's right.
My crystal ball tells me.
That as of the 7th the stock shares no longer carry the divvy, and these are just acmg shares. Which is perfectly fine, because actl doesn't have any real value until maybe next year, and acmg has the 282 million dollar merger deal. So all the current value is in acmg alone anyway.
A spike up to $3 in the next week or so isn't out of line for a stock with limited float, and a bright future. Of couse it will depend on how much meat is in the PR vs fluff, but the buy in being finalized would secure financing for 4 future production plants over the next few years, and that's real meat!!! If your wondering where we could be shortly just look at SunOpta stock trading over $12.
Zoom, check the Singapore market for any hints on news, ipo's, mergers, and that sort of thing. tia
Got it right next to the chair. lmao
For minor updates it's only takes a few minutes off line, but if they're setting up a new server, and website site it can take a few days depending on how extensive it is.
nice catch when no one was looking.
Who knows when it will come. I'm not predicting time, or date. I'm 99.9% sure we will get a PR very soon, but that's as far as I can predict. If they want to play with the big boys, and follow SEC rules they have 3 days from the signing to release a PR. It will also show me if the new ceo has some credibilty to operate a public traded company, or if he's a wet behind the ears office boy.