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If an officer of pink sheet co. has a planned sell where the sell price is higher than the market, would it give you worry about the future of that company? We're talking about a market price of .0027 but the officer is selling 8mil for 24k (.003)
Average daily vol is 2mil
planned sale is tomorrow-should I dump at market open????
Jimstr
If an officer of pink sheet co. has a planned sell where the sell price is higher than the market, would it give you worry about the future of that company? We're talking about a market price of .0027 but the officer is selling 8mil for 24k (.003)
Average daily vol is 2mil
planned sale is tomorrow-should I dump at market open????
Jimstr
when word that ALL the VIP tables and suites are open, it will go
I've found that in the OTC & OTC BB markets performing DD is most times just too difficult and time consuming. Many will argue that technical analysis doesn't work & that due dilligence is the only way to invest, but thats the key word "invest." I'll generally scan for stocks within a specific market cap range, that are above .01 and at or very close to their 52wk low. Then I will thin out my searches for the one's that have fallen the fastest and show a modest drop in volume caused by selling. At that point, I'll use the other indicators, such as the Relative Stregnth Index (RSI), which indicates when a stock is becoming over-sold or over-bought. I also like the Bollinger Bands, Moving Average Convergance/Divergance Histogram (MACD Histo), On Balance Volume (OBV) and Volume indicators.
If all else fails, try the "EENY MEENY MINEY MO" selection process.
(Just wanted to loosen up the bare-knuckle,nail-biters who are waiting for the stock price to get going. Take it easy, It'll happen soon enough-2 weeks IMO
Jimstr
I've found that in the OTC & OTC BB markets performing DD is most times just to difficult, time consuming & very suspect. Many will argue that technical analysis doesn't work & that due dilligence is the only way to invest, but thats the key word "invest." I am NOT investing in these play's, I am simply trading them for short term profits. I'll generally scan for stocks within a specific market cap range, that are above .01 and at or very close to their 52wk low. Then I will thin our my searches for the one's that have fallen the fastest and show a modest drop in volume caused by selling. At that point, I'll use the other indicators, such as the Relative Stregnth Index (RSI), which indicates when a stock is becoming over-sold or over-bought. I also like the Bollinger Bands, Moving Average Convergance/Divergance Histogram (MACD Histo), On Balance Volume (OBV) and Volume indicators.
If that doesn't work, try using the "EENY MEENY MINEY MO" theory
Just thought you might want to loosen up a little in light of the recent share price trend.
Jim
made 35% last trade and will be happy to get in @.60 and sell @.95 It doesn't take much news to move this stock
I am adding shares every week. Get 'em while you can!
hate to say it for you longs but I see a 3-week head and shoulders chart forming and I look to get back in at .60-.64
Jimstr
The drilling results and open ended potential at Magdalena and Amelia Ines show potential to expand the global resource base at Gualcamayo at higher grades and significantly improve the project economics. These results suggest the following benefits:
- Allows Yamana to oversize the plant and operations as part of the main QDD feasibility study, while Amelia Ines and Magdalena continue to be studied;
- Suggests a larger, higher-grade ore body for Amelia Ines and Magdalena;
- Provides additional options that include milling of higher-grade ore from Amelia Ines and Magdalena which would ultimately benefit the QDD Lower West targeted underground zone;
- Extension holes between Amelia Ines and Magdalena suggest that WHAT WERE CONSIDERED TWO SEPARATE ORE BODIES MAY TIE TOGETHER:and
- Extension holes at Amelia Ines toward QDD Lower West zone and at Magdalena toward the north and southeast suggest that the ore bodies are open and may be larger than currently anticipated.
I'm actually glad the price is low because it is allowing me to load up on shares. I expect a MAJOR upward spike to over a penny no later than middle/end of June on news that the equipment has been delivered to the site. Stock price will steadily increase to a nickel
How much over a nickel is anyone's guess but I believe when we hear the first news of actual production, this stock will skyrocket to $5 in a couple days time.
we will all be glad we got in on this one!
Jimstr
watching the bid and ask all morning it seemed someone kept probing to buy and finally offered enough and found a seller at.0033. Once the first mil sold, I was able to get 100k at .003 a short time later. Wonder if the sellers are finally going to hold out?
hey spec,
Can you help me with this? Any idea how they went from 510k cash on hand on march 31st to over 5 million in cash and cash equivalents on April 18th?
Liquidity and Capital Resources
As of March 31, 2007, the Company had total cash on hand of $510,429 and a loan receivable of $1,020,000. The Company also had $1,052,832 in liabilities, of which $1,039,179 is owed to convertible debenture holders, and $13,653 is owed for accounts payable and accrued liabilities.
Cash flows used in operating activities for the three months ended March 31, 2007 were $ 34,319 compared to $5,904 used in operating activities for the same period in 2006.
Net cash provided by financing activities was $500,000 for the first three months of 2007, consisting primarily of the exercise of all outstanding warrants into common stock of $500,000. This activity was offset by the grant of a $1,000,000 loan by the Company to Platinum LP during this same period.
On April 18, 2007, immediately following the closing of the Contribution Agreement, the Company had approximately $5.6 million in cash and cash equivalents, of which $1.5 million was considered restricted cash. Management believes that the Company’s capital resources are adequate to continue operating and maintaining its current business strategy during the next twelve to eighteen months.
Thanks in advance,
Jimstr
Could you explain how there are 1.5 Billion shares out there? And did AMHD sell those shares? And at what price?
AMHD has all their ducks are in a row!
http://maps.google.com/maps/ms?q=552+Thomas+Landers+Rd.,+Falmouth,+MA+02540&num=10&ie=UTF8&a...
Financing (30 million is enough to build 2 facilities)
Building sites: Pawtucket,Rhode Island and Mattapoisett, Mass
(possible 3rd site on Cape Cod
and their relationship with:
Turning Mill:
Bio-Diesel Processing Facility
Title: Amelot Alternative Energy, Inc.
Location: Across the Country
Client: Amelot Holdings, Inc.
Description: Turing Mill Consultants, Inc. is the Engineering Procurement Contractor and Manager of Amelot Holdings, Inc's (a public company) bio-diesel processing facilities. TMC is providing complete turnkey operations for the company's development of the renewable energy source. Services provided by TMC include:
Site Identification
Design
Site Plans
Zoning Analysis ands Permitting
Regulatory Compliance
Construction of the Facilities
http://www.turningmillconsultants.com/srvc-enrg.htm
Fitzsimmons http://www.fuel-tanks.com/
http://www.fuel-tanks.com/alternativefueltanks.htm
Timeline:
CHEYENNE, Wyo., Oct. 30, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to announce the appointment of Mr. Allen Giles of Osterville, MA, as President, effective immediately.
(only 7 months ago)
Feb 9th 2007
From Press Release Below
"It was a hard decision at the end of 2006 to reorganize and push back the planned opening date. This redesign will produce more product, more efficiently with far less total capital, equipment, operating and maintenance costs,' stated Allen Giles; President of Amelot Holdings, Inc.
http://www.amelotholdings.com/client/news_body.asp?id=82
"He is a small Fry (Giles)with some connections in a very small geographical area"
unless you know Massachusetts politics....my money is on Massachusetts here. Deval Patrick wants Massachusetts to be the leading state in the nation in 'alternative fuel'. Giles is on a committee formed by a major Massachusetts politician.
Posted by: emit
In reply to: Wyatt Earp who wrote msg# 2008 Date:2/9/2007 1:30:48 PM
Post #of 2931
CHEYENNE, Wyo., Feb. 15, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the Company could be eligible for an extra .44 cent per gallon credit for all of the biodiesel Amelot produced if the new proposal by the American Soybean Association is adopted. The ASA called for the resurgence of a recently dropped incentive program for U.S. biofuel producers, which would provide at least .44 cents per gallon, on top of extension of the current $1 per gallon tax incentive, through at least 2010.
February 28, 2007 Biodiesel entrepreneur seeks Cape facility
By ERIC WILLIAMS
STAFF WRITER
Allen Giles thinks it would be a gas to build a biodiesel production facility on Cape Cod.
'We've identified two possible locations and we're trying to work through permitting issues and other issues right now,' said Giles, an Osterville resident and president of Amelot Holdings Inc., a company seeking to launch biodiesel and ethanol alternative fuel facilities in the United States and abroad.
Giles declined to specify the possible sites, beyond saying that one was in the Mid-Cape and one was on the Upper Cape. But he was specific about the size of the proposed facility - about the same as a basketball court.
Amelot Holdings Announces Plans for Rhode Island Facility
Wednesday 04/18/2007 9:30 AM ET - PrimeNewswire
Amelot Holdings, Inc. (Pink Sheets:AMHD), a leading manufacturer of Renewable Fuels to reduce dependency of fossil fuels, today announces plans for a Rhode Island facility. This event follows after signing a Memorandum of Understanding with A202 Managing Partners of Lincoln, RI to produce biodiesel at a future approved processing unit in PAWTUCKET RI. The Rhode Island facility will be distinct in its functional purpose as Amelot will contract operations services from A202 to produce a 6 MGPY of agri-biodiesel to service the New England market.
The technology for this establishment has been fabricated, tested and is currently in transit. The implementation will start by the end of April and be completed by the end of July. Most of the infrastructure including logistics is currently in place. Product testing, certification and production will start shortly thereafter.
"Rhode Island has an excise tax credit of .25 per gallon for agri-biodiesel produced in state that many distributors will be able to leverage to offer lower priced and profitable blend transportation fuels," states Allen Giles, president of Amelot Holdings, Inc. "By Amelot expanding its facilities to Massachusetts and now in Rhode Island is an effective indication of Amelot concurrently expanding its industrial and relationship base throughout the Northeast."
Amelot Holdings Receives Purchase Order For Biodiesel From Loud Fuel -- One of New England's Largest Residential Fuel Providers
Thursday 04/19/2007 9:30 AM ET - PrimeNewswire
Amelot Holdings, Inc. (Pink Sheets:AMHD), a leading manufacturer of Renewable Fuels to reduce dependency of fossil fuels today reported that the Company has received a purchase order from Loud Fuel of Falmouth, MA to supply 24,000 gallons of biodiesel for the month of April.
Loud continues to review its forecast quantity each month with plans to move forward for the balance of the year. Amelot will supply this product from third party producers until Amelot facilities come online.
"The success of this purchase order with Loud in the New England area is a perfect example of Amelot's biodiesel unique performance characteristic which can attain rapid and widespread adoption by additional fuel providers in this area. Loud Fuel has become a strategic partner in the development and implementation of Amelot's strategy in the Northeast; their input and guidance has been great help to us," commented Allen Giles, president of Amelot Holdings, Inc.
Amelot Holdings Plans to Apply for Recent Extended U.S. Biodiesel Blender Federal Excise Tax Credit
Wednesday 04/25/2007 9:30 AM ET - PrimeNewswire
Amelot Holdings, Inc. (Pink Sheets:AMHD) a leading manufacturer of Renewable Fuels to reduce dependency of fossil fuels today announced it has applied and is awaiting approval for the IRS 637 form to be able to apply for the U.S. Blenders Excise Tax Credit.
Friday 05/11/2007 Amelot Engineering & Development Discontinues Nashua, New Hampshire Efforts
PrimeNewswire
Amelot Holdings Looks to Mattapoisett, Massachusetts to Site New Facility
Tuesday 05/15/2007 9:31 AM ET - PrimeNewswire
This location offers competitive advantages, including maximum flexibility to service New England, with direct access to Route 195, the major throughway to Providence and quick access to Route 195, the major throughway to Providence and quick access to Route 95, 495, 24 and 3, granting Amelot access to Central and Northern New England. This location is accessible to the Port of New Bedford, MA, home to the largest U.S. fishing port by dollar volume, and is situated directly in the middle of the two major fuel terminal operations in New England -- Quincy, MA and Providence, RI. In addition, this location is zoned Agricultural by the U.S. Department of Agriculture, providing Amelot with the ability to apply for and access grants and funding normally provided to large midwest biofuels companies.
"We've been working diligently to lock this site up for months now. Our engineering partner, Turning Mill Consultants, Inc. has developed a solution that will require very little site work, has reduced the overall permitting requirements and will accept our technology easily, drastically reducing costs. Ultimately, the emergence of this facility will provide additional momentum for further activity in the New England Area, which we identify as one of the most attractive in our operation as a Agri-biodiesel competitor," comments Allen Giles, President of Amelot Holdings.
Amelot Holdings Management Meets With Leading Collaborator, Fitzsimmons Systems, On Technology Progress
9:30 AM ET - PrimeNewswire
Amelot Holdings, Inc. (Pink Sheets:AMHD), announces that its management, Aziz Hirji, CEO, and Allen Giles, President, met with Fitzsimmons Systems management this past week to view the progress of the technology.
Jointly, Amelot, Fitzsimmons Systems and Turning Mill Consultants have been designing and building a second generation continuous flow processing technology unit with a focus on being one of the industry's lowest-cost producers of biodiesel fuel. The unit is anticipated to produce 7.5 million gallons per year, running at a 90% capacity and produce over $24 million dollars in revenue per year.
"We are pleased to report that progress is moving as planned and forecasting an early June ship date out of the Fitzsimmons facility for installation," comments Allen Giles, President of Amelot Holdings. "There have been several significant modifications to the design to make it more efficient, reduce costs and make it easy to install and obtain the necessary permits. This collaboration facilitates strong positive results and diversified benefits to speed up Amelot's execution of the Company's long term strategy to develop vertically integrated biofuel facilities."
The newly implemented design modifications open up additional opportunities for Amelot to be able to produce Bio-fuel products at the location where the feedstock is available. Examples of possible uses are: producing biodiesel for use in equipment at a long term construction project, biodiesel production in a disaster recovery or remote area or to run power generators and equipment, as well as, producing biodiesel from used cooking oil offloaded from cruise or naval ships to be returned to the ship as fuel.
Fitzsimmons Systems, http://www.fuel-tanks.com, headquartered in Tully, NY, is a major supplier for fuel systems to the U.S. Department of Defense. They have supplied alternative fuel systems and equipment to many of the nationally known biofuels technology providers and engineering procurement contractors in the U.S. for many years.
Turning Mill Consultants, Inc. (http://www.turningmillconsultants.com/), based in Sandwich, Mass., has a long history of providing Engineering Procurement Contracting services for companies such as Bechtel, General Dynamics, AT&T and Verizon. They are licensed to provide Engineering and Contracting services in 32 states across the U.S.
To refresh anyones memory, I believe there is at least one if not 3 locations
May 15th-- Mattapoisett, Massachusetts
April 18th Rhode Island
and post from February 28th
Giles declined to specify the possible sites, beyond saying that one was in the Mid-Cape and one was on the Upper Cape.
The Mattapoisett site is in an agricultural area that will also lower costs.
From an earlier post"But shipping in soybeans or other plant material from far-off locales would increase the cost of the product, a factor that could put a bump in Giles' business model".
http://www.investorshub.com/boards/quotes.asp?ticker=amhd
I am buying more today!
Right from Turning Mill's website, this might help see their association with AMHD
http://www.turningmillconsultants.com/srvc-enrg.htm
Jimstr
This is not old news- I found it interesting that Fitzsimmons Systems is now on board. I have provided links for you all.
Amelot Holdings Management Meets With Leading Collaborator, Fitzsimmons Systems, On Technology Progress
9:30 AM ET - PrimeNewswire
Amelot Holdings, Inc. (Pink Sheets:AMHD), announces that its management, Aziz Hirji, CEO, and Allen Giles, President, met with Fitzsimmons Systems management this past week to view the progress of the technology.
Jointly, Amelot, Fitzsimmons Systems and Turning Mill Consultants have been designing and building a second generation continuous flow processing technology unit with a focus on being one of the industry's lowest-cost producers of biodiesel fuel. The unit is anticipated to produce 7.5 million gallons per year, running at a 90% capacity and produce over $24 million dollars in revenue per year.
"We are pleased to report that progress is moving as planned and forecasting an early June ship date out of the Fitzsimmons facility for installation," comments Allen Giles, President of Amelot Holdings. "There have been several significant modifications to the design to make it more efficient, reduce costs and make it easy to install and obtain the necessary permits. This collaboration facilitates strong positive results and diversified benefits to speed up Amelot's execution of the Company's long term strategy to develop vertically integrated biofuel facilities."
The newly implemented design modifications open up additional opportunities for Amelot to be able to produce Bio-fuel products at the location where the feedstock is available. Examples of possible uses are: producing biodiesel for use in equipment at a long term construction project, biodiesel production in a disaster recovery or remote area or to run power generators and equipment, as well as, producing biodiesel from used cooking oil offloaded from cruise or naval ships to be returned to the ship as fuel.
Fitzsimmons Systems, http://www.fuel-tanks.com, headquartered in Tully, NY, is a major supplier for fuel systems to the U.S. Department of Defense. They have supplied alternative fuel systems and equipment to many of the nationally known biofuels technology providers and engineering procurement contractors in the U.S. for many years.
Turning Mill Consultants, Inc. (http://www.turningmillconsultants.com/), based in Sandwich, Mass., has a long history of providing Engineering Procurement Contracting services for companies such as Bechtel, General Dynamics, AT&T and Verizon. They are licensed to provide Engineering and Contracting services in 32 states across the U.S.
http://www.turningmillconsultants.com/srvc-enrg.htm
http://www.fuel-tanks.com/
Just a matter of time for those who stayed long!
Jimstr
What a shocker!!!! On Friday (late afternoon I might add) Giles drops the bomb that Nashua is a bust. He gave all the Nervous Nellies the whole weekend to contemplate how many shares they have to dump on Monday. Then on Monday, price drops and some 30+ Million shares are bought up. Then on Tuesday, Giles comes out with good news about another facility and share price is up again?
Why wasn't the new facility mentioned in the same press release as the Nashua bust? Because someone wanted the drop in share price.
I truly believe shares are being bought back and this company will produce fuel this year.
Just my own opinion
Jimstr
there seems to be several on here that claim they have no interest in this stock but are always dogging it and then the price drops. Keep it up boys, I'm buying all the dips!
I guess I'm not the only buyer today. Maybe Giles and Hirji are buying back shares too?????
they already have 2 other sites going forward and I love this news that has sent the stock down- I am doubling my position
I'm a small investor but I agree .005 is the support level, all their ducks are in a row and I doubled my position again @.005 to bring down my average.
500k shares at an average of .0062 is enough of a risk for me.
Here's hoping for a jump and a higher support level next month
Jimstr
will be nice when this is trading 1000ths instead of 10000ths
gooooooooooooooooooooooooo!
jimstr
bought a few more @.0055 today
Just thinking out loud here but...
Could it be that everything is already in place(contracts,agreements,materials,a hired workforce,production equipment,the mfg site,etc) and the boys wanted to finalize the merger before moving forward??? Would there be any advantage in keeping it hushed? I know it has alienated the stockholders but could it have been the only thing they could do to protect themselves and us?
Like I said just thinking out loud. Any thoughts?
Jim
bought more today
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News for 'PLRO' - (Stockholders Approve Contribution Agreement at Special Meeting; Shareholders Vote in Favor of All Proposals; Update on Closing of Contribution Agreement)
VANCOUVER, BC, Apr 13, 2007 (MARKET WIRE via COMTEX) -- Platinum Research
Organization, Inc. (the "Company") (OTCBB: PLRO) today announced it received
approval from its stockholders for completing the proposed Contribution
Agreement transaction with Platinum Research Organization, L.P. et al. at the
Special Meeting held April 12, 2007. The approval is an important step towards
completion of the transaction which is expected to occur within the next week.
At the meeting the stockholders also approved the reincorporation merger of the
Company with its wholly owned subsidiary in order to redomicile the Company from
Nevada into Delaware and to update the corporate Charter documents of the
Company. The Company has taken immediate steps to complete the reincorporation
merger which will become effective as of today's date, April 13, 2007. The
trading symbol and CUSIP number of the Company will not change because of the
reincorporation merger.
The stockholders also voted to elect six directors on close of the Contribution
Agreement -- Messrs. Thomas G. Plaskett, Cork Jaeger, Allan McArtor, Arnold
Burns, Ben du Pont, and Mike McMillan. Furthermore, shareholders adopted an
incentive equity plan.
"We look forward to quickly completing the Contribution Agreement and enhancing
stockholder value by the resultant change of business this entails," said Ms.
Cecelia Pineda, President and C.E.O. of the Company.
PLATINUM RESEARCH ORGANIZATION, INC.
/s/ Cecelia Pineda
Per:
Cecelia Pineda, President & C.E.O.
Forward-Looking Statements
Certain statements made in this document are forward-looking. Such statements
are indicated by words such as "expect," "should," "anticipate," "may" and
similar words indicating uncertainty in facts and figures. Although the Company
believes that the expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations reflected in such
forward-looking statements will prove to be correct. Actual results could differ
materially from those projected in the forward-looking statements as a result of
a variety of factors.
For further information please contact:
Charles Moskowitz
Focus Partners Inc.
Telephone: 781-826-8882
SOURCE: Platinum Research Organization, Inc.
Copyright 2007 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Chemicals:Petrochemicals
Environment:Air Pollution Control
Environment:Regulations and Law
Environment:Hazardous Materials Management
Source: Comtex Wall Street News
sounds like a plan
I'm here on the side but this is like watching grass grow. It's going to happen, I think I read a post here where someone upped their target from .015 to .02 Is that a selling point? Any thoughts on this going over a dime?
Jimstr
May be a good sign that volumn is low. Any chance there are no sellers? I know I'm holding. Any thoughts?
Jim
Thanks hitemp-my initial position was @ .019-I just doubled @.0062 and now will just hold and wait.
JS
PS Just needed to confirm my strategy and average down especially on this dip today before the good news came out
anyone buying more or just holding their position today????
12 days after the meeting we still don't know anymore? I would think that PLRO investor relations would have had an enormous amount of inquiries regarding the company's status. At the very least they should have prepared a statement or a canned response. Why do they have to get back to ya or tell us to wait on a phone call from a higher up? If anyone hears any news I hope it is posted ASAP
I own shares of PLRO($4)and am hoping to hear something soon