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Why would Russ Kidder of ACLH schedule a radio show and attract attention to himself and "the company" if they were running a scam? That would be ballsy to say the least. Wouldn't it make more sense to just keep running the scam online and lay low?
If ACLH did pay to be on this radio program I think it's a move worthy of applause. They tried twice to have a conference call, but both were ruined by disrespectful and immature idiots. Rather than simply give up and leave us wondering WTF, the ACLH executives instead sought out a method by which they could get their information and updates out to it's investors in a more civilized manner. As investors, we should appreciate the determination of ACLH to get it's message out one way or another.
Not only should we be encouraged by ACLH's determination to communicate to investors, but we should be very encouraged by their determination to be players in the oil spill clean up. There may not be a contract yet, but ACLH appears to be doing more than any of the other small caps discussed on these forums in an effort to get a contract. The more ACLH get's their name out there and into public awareness, the more pressure will be put on BP or others to use them. This radio spot is an excellent way to raise ACLH's public awareness, put pressure on BP and get one step closer to being players in this effort.
Bottom line: ACLH and their products are at the oil spill command center, they're doing local radio spots and they're making every effort to communicate with investors. In other words, ACLH is doing all the right things, and they will likely be rewarded.
Level II on iphone?
Anyone know if it's possible to use Ihub level II on iphone?
TIA
As difficult as this might be for you to comprehend, not everything in life has a "link". If the 5 telephone numbers I provided aren't good enough, I suppose I could create a website, call it something like "Penny Stock Madness", and post something about the pending ACLH reverse split there.
Etrade: 1-800-ETRADE-1 (1-800-387-2331)
Scottrade: (800)-619-SAVE (7283)
USAA: 1-800-531-USAA (8722)
Schwab: 866-855-9102
Worldwide Stock Transfers: (201) 820-2008 (ACLH's Transfer Agent)
REVERSE SPLIT!!!!!!
Current summary:
So it looks like ACLH has used this oil spill to it's advantage extremely well. They built up hype about their products being used in the cleanup process which brought in many new investors such as myself. They released enough cleverly worded PR's to build a nice supportive base of believers while simultaneously climbing into bed with PSC (admitted shareholders) to create even more buzz. Then, just as some of the believers begin to turn into doubters when their secret plans for a reverse split are discovered they conveniently reveal via a PSC "interview" that:
1. "ACLH did warn us that BP is only announcing clean up deals once the leak is plugged."
That one sentence not only gives them a way to potentially drag in even more investors for weeks by dangling "awaiting contract news" type PR's, but also an escape plan- "We warned you..."
2. "PSC thinks a BP deal should be coming."
Boy, that's reassuring isn't it? They really put themselves out on a limb there. But, apparently we should be excited, confident and optimistic because:
3."If things go as well as we expect this stock
could be a massive winner for members and PSC"
but
4. "Members should take this update with a grain of salt. We cannot guarantee that our interpretation of the meeting is 100% correct."
Not so thinly veiled disclaimer which can clearly be translated to read, "Don't blame us (PSC) when weeks from now you find out there is no BP contract. You should've known better than to fall for our hype."
But on a positive note, ACLH has signed a letter of intent!!!!!!, and if things go as planned they are extremely optimistic that they will follow through with what they intend to do!!!! Results from said intentions are pending.
Exactly. Re-read my edited post and you'll see that I couldn't agree with you more. Amazing how one's personal agenda can change the way they interpret the meaning of a word. People often hear what they want to hear.
Why does PSC need consultants to tell them that? Everyone on this board knows that contract news is pending. Just another example of making non-news appear to be good news by using words like "consultants" and "pending" to drum up excitement. Means absolutely nothing.
Interesting though, when reputable and trustworthy brokers and Transfer Agents tell us a reverse split is pending everyone refuses to believe it. Here when it's used in reference to something investors want to hear it will be regarded as proof that something is about to happen.
Always open to the idea of getting back in on anything I sell if I think I will make money by doing so.
I am. I sold my entire position yesterday before close.
Sure. It's also possible that this PR is the "big news" we've been brilliantly led to believe was going to be about a BP contract.
Haven't been at the computer much today. Anyone able to connect today's news with what the brokers and transfer agent consider a pending reverse split? Are the two connected? If so, what's the outlook?
Then why not just say so rather than essentially lie and call it a rumor?
I'm out as of 3:50. If you care, here's why:
I just spoke with ACLH's transfer agent, Worldwide Stock Transfer, who told me a 1:30 reverse split is pending. He couldn't tell me why it hasn't been executed yet and that's all he could say. I tried calling ACLH investor relations again for the 5th time to get an explanation and got the machine yet again.
So we have at least 4 brokers, USAA, Etrade, Scottrade and Schwab all claiming a 1:30 r/s is pending, as well as ACLH's TA claiming the same to be true. Yet, ACLH is calling it a "rumor"? At this point, calling it merely a rumor is not an acceptable answer. If their plans have changed, or there's some other explanation than give it to me, but to expect me believe that these 4 brokers and their own TA are somehow "mistaken" is just unacceptable. ACLH should've been on the phone with these brokers and their TA the minute this was brought to their attention. Unless, of course, it's true in which case they've officially lied to shareholders.
As far as I'm concerned, things just don't add up. At this point, half of me thinks we have reason to believe big things could happen any minute, while the other half finds the situation becoming a little too suspicious for my comfort level. We all know the risks involved with penny stocks, and as far as I'm concerned this conflicting information that has inexplicably yet to be addressed in any official manner by ACLH is officially a red flag. For all of you currently holding shares, I hope for your benefit that I'm wrong. I could very well end up kicking myself for selling, but I went with my gut.
For what it's worth, I just called ADF group. I talked to investor relations and asked about a merger with ACLH and the woman I talked to had no idea who they were or what I was talking about. I suppose it's possible she's not "in the know" yet, but that's what she said.
300 Henry Bessemer
Terrebonne, Quebec J6Y 1T3
adfgroup.com
450) 965-1911
At the risk of bringing up what is clearly a sore subject around here, a reverse split possibly as part of a reverse merger was discussed over the weekend. Even though some here refuse to accept and/or believe it, many brokers are still as of this morning (Etrade) saying a r/s is in fact pending. Just a thought, but perhaps this consultation company was sought out as preparation for such a merger? Again, just a thought.
As it was stated many times over the weekend by some of the more sensible investors on this board, a r/s could make perfectly logical sense in this case and make us all lots of money. Unfortunately, many here are too stubborn and paranoid to even consider such a thought so they just scream "BASHER!", and pretend that the pending r/s as stated by many of our respective brokers is some kind of conspiracy to steal their shares. Even if you're 100% against a r/s, it doesn't do anyone any good to put blinders on and refuse to acknowledge it. Just this morning Etrade again told me their was still a r/s pending. I asked "so there's no question about it, a r/s is going to take place?" and he said "oh yeah, it's going to happen. It might just take a couple days to show up in your portfolio." It's a fact that my broker told me this, it's not up for debate. If you don't want to believe it, you're only hurting yourself by not considering all of the information available to you. Understand, I'm not saying the r/s is going to happen, I'm just saying it's a fact that my broker told me it's going to happen.
Rather than waste time asking for screen shots, and other forms of proof that will never be good enough, it seems far more beneficial for all of us to have a calm, rational discussion about the very real possibility of a r/s and why it might be a sign of an extremely profitable future for all of us. Again, here we are Monday midday, ACLH has clearly been made aware of the fact that multiple brokers are telling investors that a 1:30 r/s is pending, yet they've done nothing to rectify the situation. Why would ACLH not release a simple one sentence statement putting this "rumor" to rest if it was, in fact, just a rumor?
Maybe something to this after all...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50217279
1.4. Services. The following services (the "Services") shall be rendered, from time to time by the
employee
or agent of the Company for any purpose.
Consultant during the Term as the Company may request, solely for the Company's benefit and not for the benefit
of any third party:
(a) Assist management
with the development of successful overall business strategies for the
Company.
(b) Assist in exploring strategic alliances, partnering opportunities and other cooperative
ventures for Company, within and without Company's present industry focus.
(c) Assist in evaluating possible acquisition and strategic partnering candidates, and marketing
opportunities for the Company.
(d) Assist in evaluating the Company's business development activities, including major
geographic and service expansion plans.
(e) Assist in evaluating the Company's merger and acquisition strategies, including, assisting
in the evaluation of targets and the structuring of transactions.
(1) Assist in evaluating the Company's marketing strategy.
(g) Advise and consult with the Company's board of directors
(the "Board") and executive
officers with respect to any of the above described matters.
Just called investor relations a few minutes ago. Got the machine, left message. I'm thinking it will be difficult to get a hold of them today. Something big is brewing and they've all probably been told to keep quiet about it until a PR is released.
True, but one of these times it's going to hit .0575 and keep going up to who knows where. I'd hate to have flipped at .0575 only to see it climb to .07, then up to .09, then .15, etc. The likelihood of ACLH skyrocketing anytime now is just too great to risk flipping it imo. I'm buying the dips, holding and accumulating in anticipation of something big, which appears to be imminent. Ordinarily, I'd agree with you, but this isn't an ordinary situation.
BP/ACLH Timeline:
(copied from http://www.actcleantech.com/news.html)
May 3, 2010 -- Gulf Of Mexico Oil Spill Clean Up Solutions Offered By ACT Clean Technologies
May 5, 2010 -- Multiple Stock Picking Information Sites Feature ACLH High Return Investment Potential, Oil Spill Clean Up And Cleantech Oil Production Technology
May 6, 2010 -- Potential Port of New Orleans And Coast Guard Gulf Oil Spill Clean Up Requirements Can Be Achieved By ACT Clean Technologies Subsidiary American Petroleum Solutions
May 10, 2010 -- ACT Clean Technologies, Inc. (ACLH) Releases
Cost Benefits And Technology Specifications For Their Gulf Oil Spill Clean Up Green, Cleantech Solution
May 12, 2010 -- British Petroleum Field Testing ACT Products
For Use In Gulf Oil Spill Clean Up
May 13, 2010- WSNC has confirmed with ACT Clean Technologies (OTC:ACLH), a producer of environmentally friendly and cost-effective oil waste clean-up technology, for an investor interview sometime in the near-future.
Seems pretty clear where this is heading. We've also recently heard talk of reverse splits, reverse mergers, etc which may or may not be true, but the bottom line here is that something major is going down. Where there's smoke, there's fire. Whether it's a huge contract with BP, a reverse merger that necessitates a reverse split, or something else. I mean, think about it for a second. Why would ACLH conduct an investor interview "sometime in the near-future" unless they had something good to talk about? A little common sense can go a long way.
I did, got the answering machine. I assume the office doesn't open for a couple hours?
Absolutely foolish not to buy here. The sellers must be out of their minds. I honestly didn't think I 'd get a chance to buy more at these levels, but some people just don't see the big picture here. Some people will be kicking themselves for a long long time.
I agree 100%. How is some guy with an agenda from PSC any more reliable than those of us shareholders here who are simply passing on what our brokers told us? I've already stated that USAA said r/s while ACLH couldn't confirm it. They didn't deny it, but they didn't confirm it. So we've known since 5:00 Friday when I originally posted that ACLH's official stance was "neither confirm nor deny". That's why there is confusion. My guess is that the guy from PSC (that you for some reason have deemed trustworthy and without motive) received the same response I did, that ACLH can neither confirm nor deny or something very similar. The difference is, rather than relay that information in an unbiased and honest manner PSC chose to relay it in a way that leads you to believe something you want to be true. Sure, ACLH likely told PSC that they cannot confirm a pending r/s and that's the message PSC passed on to you and others. Did it ever occur to you that PSC simply chose to leave out the part that ACLH also could not deny a r/s because it's clearly in PSC's best interest to leave that part of the message out?
Obviously brokers like USAA, Etrade, Scottrade and Schwab are not lying and that should not be debatable at this point. If you're unwilling to concede that point than you're simply a stubborn loon who's lost touch with reality. As far as I can tell, there's no way for us to really know what to expect with regards to a r/s until ACLH makes an official statement addressing it. If it turns out that a r/s in not in ACLH's plans than it does not mean anyone here started a vicious rumor with the intent of buying in cheaper or stealing your shares. There is no conspiracy. It only means that we all told this board the truth as we knew it as told by our brokers who were also telling the truth as they knew it. Then the question becomes who told the brokers that a r/s was pending and why, and what if any are the legal ramifications? This is much bigger than an Ihub rumor, this is official information being disseminated to real investors by official brokers and if the r/s turns out to be untrue an explanation would clearly be necessary.
Because uplisting, merging or selling the company,which might first necessitate a reverse split, might prove far more profitable than simply selling the product.
I agree with you. I think a r/s is going to happen and is possibly, maybe even likely, to be part of something bigger that will benefit us all. I also agree that many people here are just so used to hearing the negative aspects of reverse splits that it's difficult for them to believe that it could actually be good. It may be extremely rare that a reverse split proves beneficial, but disastrous oil spills don't happen every day either.
The thing we all need to remember is that this is a unique situation at hand here so experiences of the past don't necessarily relate to what is happening right now. This unexpected oil spill disaster is going to create more unexpected things to happen. Billions of dollars will be changing hands. Here we have this relatively unknown company called Act Clean technologies, who just happens to possess patented, specialized oil cleaning products during what may be the worst oil spill in history. Is it really that much of a stretch to think ACLH is going to profit massively from this situation. I don't think so. In fact, it makes perfectly logical sense.
Some people will lose millions because of this disaster, like BP, the fishing industry, tourism, etc and I truly feel bad for them (not BP so much). But the reality is that this oil spill must be cleaned up, and just as those industries never expected to find themselves in such an unfortunate situation, neither did ACLH expect to find themselves in such a fortunate one. For a company like ACLH, the oil gushing out of that well into the ocean is equivalent to coins pouring out of a slot machine.
I have. I posted it yesterday around 5:13 pm. The rep I spoke with could neither confirm nor deny a reverse split. He took my name and phone number and said someone would return my call. I've yet to receive that call and don't expect to as I think ACLH has bigger fish to fry right now than calling me back. I also called ACLH again later and talked to another guy who had the office phone forwarded to his cell phone and he said the same thing, but I didn't post about it because it didn't provide any new information.Today I became a "VIP member" of ACLH via their website and then emailed the company requesting clarification about the reverse split. Haven't received an answer yet.
What's the point of going back and forth about it endlessly? Some of us were told point blank by our brokers (USAA, Etrade, Scottrade, Schwab) that a 1:30 reverse split was to be executed on 5/14, end of day. What else can we say at this point?
Some people here chose to make calls themselves and corroborated what I was told, which is that a 1:30 r/s is imminent. Some people here made calls and were told by their broker that they knew nothing of a r/s. Neither group is "spreading rumors", they are simply relaying the information given to them by their respective brokers. While this still leaves us scratching our heads, at least steps were taken to attempt to clear up the confusion. I appreciate that effort and information, even if it doesn't align with what I was told. At this point, I'm honestly not sure if I'm for or against a r/s as a solid case could be made either way, although admittedly our personal feelings on the issue are essentially irrelevant as a r/s can be executed with or without our support. However, a productive discussion about the potential impact of such a split could be useful in aiding our future investing strategies should the split, in fact, take place.
The real cancer on this board are the seemingly endless and growing number of losers that are either too dumb or lazy to do anything other than post mindless trash, accusatory insults and attack anyone who doesn't support their own personal needs and/or views. These people are easily identified by posts that often feature countless misspellings and grammatical errors that any self-respecting adult would consider embarrassing, (and before you scour this post for such errors understand that there's a vast difference between the occasional misspelling or misuse of a comma and writing resembling that of a six year old riddled with ADD and dyslexia). These clowns, along with the equally obvious while occasionally crafty professional bashers only serve to confuse the issues even more and promote an "us against them" mob mentality, turning what could be a useful resource for all of us into a minefield of crap which must be carefully stepped through in order to reach those who are actually here to help and provide useful and valuable insight.
What does surprise me is that we know for a fact that ACLH was made aware of this confusion and the role reputable brokers were playing in it, and that ACLH has not taken any steps to clarify the issue. A few phone calls to these brokers and a quick one sentence PR or statement on their website would put a end to the misinformation being disseminated. As important as this is to us, it's at least equally important to ACLH, and at this critical juncture in the company's history I would assume they would frown upon reputable brokers telling investors of a r/s that was not in their plans. The fact that ACLH has not publicly addressed what is clearly more than a rumor, as evidenced by reputable broker involvement and activity, leads me to believe that a r/s is, in fact, going to be executed as some of us have been told. The key here it would seem is to remain calm and react accordingly. What could be viewed by some as cause to panic sell could lead to one final tremendous buying opportunity for others.
One thing is certainly for sure, Monday is going to be very exciting!
Perfect timing for reverse split.
1. R/S executed prior to Monday open.
2. Moster PR released prior to Monday, current shareholders rejoice in anticipation of $$$$$.
3. Market opens, the monster PR and higher pps brings a whole new group of investors with bigger money to ACLH and the pps absolutely skyrockets.
4. With years of oil clean up contracts in it's future, ACLH's pps continues to climb on a daily basis attracting more and more serious big dollar investors every day.
4. ACLH eventually uplists and becomes one of the greatest penny stock success stories of all time.
Spoke with an ACLH rep and a USAA rep.
Before I start I respectfully ask that no one accuse me of pumping, bashing, spreading rumors or anything else. A quick look at my posting history will show that I'm an ACLH shareholder and supporter so I'm not going to justify any insulting posts with a response. I'm hesitant to even post this because I don't want anyone to panic, or take anything out of context but I'm hoping others can shed some light on the situation as well. Here's what I was told:
By the way, I actually hold my ACLH shares through Etrade because USAA charges ridiculous commissions on penny stocks. However, I still have insurance, checking, and other investments through USAA.
I logged on to USAA around 3:40 and tried to get a real-time quote for ACLH. The USAA website said that symbol was invalid. I then called USAA (the first time) around 3:45, and they weren't sure why the symbol was coming up invalid. I then asked about a reverse split and was told that a 1:30 r/s was to be in effect as of 5/14/2010. They were given this information by ACLH's transfer agent on 5/10/10. I asked why Etrade and others weren't acknowledging a r/s in any way and the USAA rep could only speak for USAA. After I saw on Ihub that USAA's glitch was fixed, I checked the symbol again and it came up without issue and showed a share price that did not reflect a r/s. It was the same pps as displayed on Ihub. I then called USAA again, spoke with a different rep who still claims that a 1:30 r/s was to take effect on 5/14/2010. He had no more info for me. Anyone who knows USAA will tell you they're a very reputable company and should be trusted. That doesn't mean they were given accurate information, it just means they were being honest about the info they were given. As far as USAA is concerned, a r/s was supposed to be in effect as of today.
I then called ACLH around 4:15 and spoke with a rep from corporate. He claims to know nothing about a r/s. He took my name and phone number and said the people that handle those issues are out of the office and he'll have them call me back. I was the 2nd person he recieved a call from today about the r/s. He sounded frustrated and said he thinks someone is putting out bad info about the company. I told him about USAA and he didn't know what to say. I suggested someone from ACLH get on the phone and call USAA to figure out what's going on. I haven't heard back yet.
So, there is clearly some confusion and/or miscommunication going on with regards to a reverse split. At this point, I honestly don't know what to think. Is it possible that some people stand to lose millions by ACLH's pps rising very high very quickly, possibly with news this weekend, and those people have resorted to tactics like posing as a T/A and giving out false info to turn buyers into sellers? Or, is ACLH legitimately planning on executing a r/s in an attempt to capitalize on the once-in-a-lifetime situation they've been catapulted into? Which, by the way, could be a good thing for us as shareholders. Reverse splits can be good in the right situation, and ACLH appears to be in an absolutely perfect situation. Let's not immediately assume that a r/s is a bad thing.
Anyone else have any info? I also just noticed I only have 4 posts left for the day so I'll try to use them efficiently.
It was briefly usurped.
USAA glitch.
Last chance for 5's almost over, then we cruise through 6's.
This is about to get crazy.
Waiting until Monday no longer appears to be an option. It's very possible that news of a weekend contract announcement has leaked.
Might be over .06 in 5 minutes.
I get flipping, I've done it myself, but this isn't some random penny stock you flip for a quick buck. There's a real world situation happening that must be factored in and ignoring it would be foolish. In most cases flipping for a 25% profit is superb, but in this case is unwise. Just my opinion.
Definitely great news, and shouldn't be surprising. Why wouldn't talks be going great? BP has to clean up the biggest oil spill we've ever seen and ACLH owns patented, proven, field tested and useable technology that provides a cost effective, environmentally safe (CleanTech) way to: "Separate, Extract and Recover Oil From Tar And Oils Sands Deposits" and "Provide Oil Field and Heavy Construction Industry Clean Up
Remediation Services"
Not much to discuss other than $$$$$$.
Who would sell at .04 when we have every reason to believe this oil cleaning company is about to be contracted to help clean up the worst oil spill in history? Can you imagine selling now for a few hundred, or a couple grand only to see the pps rise to .15, .30, .50, $1 over the next few weeks? There's really no telling how high it could go if/when multiple contracts are signed. The magnitude of this oil spill and the clean up that will be necessary is beyond our comprehension at this point. What we do know, or at least what many of us believe, is that ACLH is already working with BP, and will likely be heavily involved in a clean up effort that will last years and could make ACLH one of the most successful penny stocks in history.
I honestly think some people are simply unable to accept the reality here. Yes, this is a penny stock, and if not for this oil spill most of us would've never even heard of ACLH. Unfortunately, the oil did spill, is still spilling, and ACLH may now be a company we tell our grand children about as we brag about the investment opportunity of a lifetime that we didn't let slip away. Unprecedented events create unprecedented and unexpected opportunities. Millions of dollars will be changing hands because of this disaster.
We saw what happened yesterday as the pps went from .038 at 1:45 to a close of .047 as investors tried to sneak in before close in anticipation of an aftermarket contract announcement. Logic tells us to expect an even bigger jump this afternoon, and a potential fireworks display at power hour as investors once again panic buy in anticipation of a weekend announcement, which given the situation is very possible.
We're currently at .046 at 1:45 today, so a close of .055+ is a very reasonable estimate, with the potential to be much higher. A close anywhere from .06-.08 wouldn't surprise me at all.