Would anyone mind if I interupt the unhelpful displays of bravado that have overtaken this board in the last month and put an actual question up for discussion?

What's the deal with this moving the production to Georgia thing? When they initially announced the production in Texas it seemed strange since they've never mentioned anything about Texas before, but then a month later they sneak into a different PR that they're moving it? Thoughts?

Does this mean they're postponing production, or are they continuing operations while they move things? And if so, why didn't they just start in Georgia to begin with. Sounds like a huge waste of money after it took so long to finally set up.

I'd appreciate some actual thoughtful responses. Yelling scam about it is not only unhelpful, but wrong. Sure, you could make the argument that the company itself is a scam, but moving operations is hardly scam-like, it seems more like a step backward.

I've been trying to contact AMNE about this, and other things, and, as usual, am getting no response.

thoughts on the new paradigm website? it's got an IR launch date - although we have no idea whether there is anyone out there to launch to.

http://www.foaminsulationproducts.com/

apparently they're out of the foam business. i'm wondering what they did with their inventory and their contracts (if there were any). And what about that whole "five states in the northeast" PR several months ago.

Two options from my standpoint:

1) The Long Option: They've sold everything to TGGI (and sold a bunch of stock) to finance the IR rollout and have taken the last few months to quietly put together an infrastructure and new contracts. Apparently, to them, there is no need to PR any of this, even after the months of IR hype.

2 The Short Option: It's a scam. They've unloaded all the shares they can and are packing up. IR will quietly fade away after it badly (and intentionally) misses our expectations.

Neither option makes perfect sense to me. If it were the first, there would be no reason for the company to be so quiet about it. If it were the second, there would be no reason to be creating a new website with a specific launch date, they'd just let it fade away. Unless they want one last pump.

Either way, don't sell. There's no point now. At least wait for the IR announcement. If they haven't stopped building websites and whatnot, they at least plan to make a little more money before reverse splitting the thing, and maybe you can grab a piece of that. Or maybe they'll actually meet our expectations.

I emailed Kelly from "investor relations" -I use that term losely with this company - for the hundredth time again today and, as I have in the past, will post any response.

tinymidas - i don't understand why people like you make this stuff up. the reason nobody flips these things for your claimed 100% gain is because the volume is too low relative to the o/s. just because the price is sitting at .0002 doesn't mean you can sell at that price, you generally need to sit on it for weeks. just ask anyone on this board how long it takes to get orders filled.

who are you trying to impress?

with regards to actual AMNE related things, let's not start the whole walmart-home depot-lowes thing. all we have right now is the company again stating that they'll do what they've been stating they'll do. nothing more. nobody know's how it will sell or how much they'll make. like everyone else, i see no point in selling since i've lost so much already. i was happy to see a pr regarding their actual business and not some bogus, fluff, technical thing about mergers, joint whatevers, and the like.

that said, i still don't know why the TGGI deal fell through, why the ecosafe name sale is taking so long, why TGGI is now selling EcosafeFl to some other company, and why this company is so silent regarding the introduction of their "flagship" product. one non-specific pr about IR being released hardly seems enough for the product that they've stated will revolutionize the industry, and that they must've received hundreds - if not thousands - of emails from shareholders about.

could you imagine how much they would have touted this several months ago? it's a little fishy to me that now that the stock has run into the ground, they've started producing the product.

either way, i guess we'll know by april. still long, the benefits, if this company lives up to expectations, far outweigh the risk - and after all, that's all you can ask from a stock.

I would bet that they don't. If I'm running a lemonade stand and have only a limited amount of cash on hand, I'm going to buy the lemons and make a few signs before I pay someone to work the cash register. As an investor in this company, I don't want someone on the payroll sitting around the office all day if there's no reason for them to be there. I'm sure they return calls for leads, I'm guessing calls from shareholders may not be on their priority list. Which sucks, but that comes with the pk territory.

I'll tell you what though, Infinite R had better be all that it's being billed as. I have to ask, if it's such an amazing invention/product, why didn't a much larger company just buy the patent and fund the rollout?

To finally clear things up with this most recent TGGI PR. I spoke again with Rick from Wallstreet Review for a few minutes this morning. (I've been working nights recently, which is what allows me to make these phone calls when I get home.)

What I now know, after speaking with him further, is that the ECOFL deal is still going through, but ECOFL will be purchasing the name "Ecosafe Foam," and not the actual foam and equipment itself, from AMNE. AMNE will still own the product and production equipment but will have to call it something else.

So what TGGI is doing is purchasing new foam from another manufacturer, and then labeling it Ecosafe (once they purchase the name from AMNE). That's a little different from what I posted earlier this week regarding the deal.

When I asked why the change, his answer was that the new foam TGGI found is cleaner and cheaper. Personally, I think that the reason the deal fell apart was that AMNE wanted more than ECOFL was willing to pay. They'd be selling a majority of their assets, and if their goal was to use that money to market IR, they'd need enough cash from that deal to bring the product to market without any further cashflow. Furthermore, it really doesn't seem likely that, after the connection between the two companies, ECOFL would randomly find some better foam out there during negotiations with AMNE.

By the way, to purchase the entire Ecosafe Foam line from AMNE, TGGI would've probably paid in shares rather than cash, which wouldn't have helped AMNE's balance sheet or working capital at all. The way it should be now, after fair value is assigned, is that AMNE gets a small cash boost and loses only the brand name.

Granted, while the company would've done best if the merger with ECOFL (that was originally announced in the beginning of the 4th quarter last year) had gone through, the current arrangement is better than the one they announced last month.

Personally, I'm just glad that AMNE is keeping the foam and will continue to maintain an income stream. Their own recent PRs prior to this whole TGGI thing did look promising in the Northeast.

I also asked if ECOFL and AMNE were still planning to work together to market IR, and was told "that's still being worked out."

Now that this TGGI thing is done however, the question is how to raise the capital to market IR. It likely will either be obtained through income (I see this as unlikely considering they're still burning cash), a reverse split, or another merger. I'm guessing their next PR will in some way address their sales. At that point, we should probably know how they plan to fund this thing.

Lastly, I don't think you can really call this a scam anymore. If it had been, this deal would have gone through: AMNE would've sold their assets to TGGI and made off with a bunch of stock and money.

Anyway...have at it.

I called the main office phone line. There are individual numbers to talk with the managers of Paradigm Polymers as well.

I have a little new information:

I feel like I've called the AMNE receptionist more than I've called my girlfriend this week.

Anyway, this time, again, I got the standard, "Can I transfer you to her voicemail?" Instead of letting her transfer me though, I told her that I've left voicemails everyday and that I thought it was strange that the only person working in the AMNE office in the middle of a weekday is the receptionist. This woman and I talked for a few minutes and she told me that she doesn't work for AMNE, she's just the voicemail service for all the companies in the building - which explains why they never know when someone will be in the office.

Furthermore, she told me that there's hardly ever anyone in the AMNE office space because they're "out on the road a lot working on projects." When I pimped her as to whether she thought AMNE was a real company with real people honestly working or just an office with a phone, she was confused by the question but told me that they do work very hard, they just aren't in the office much.

Like I said, only "a little" information, but it was nice to have it confirmed by a third party that they haven't been avoiding/ignoring my calls and remain a functioning business.

Not a big deal, but figured I'd pass it along...

If that was the case, then you'd be posting responses to questions you're asking him. What's the deal with TGGI? Why not merge with them as you originally stated you would? What's going on with the IR rollout? All of those are anwers I'd love to hear, although the "f&c*of&" was also extremely helpful.

Why do people make up so much on these boards? I don't understand, it's such a worthless waste of dialogue. I've called AMNE as well as Paradigm every day this week and received the same "no one is here" answer.

They've always been this way. It's the same answer I got when I invested in July and with the exception of several pretty standard responses, have never gotten a lot out of them.

And enough with the "they don't care about shareholders" thing. Only people on the message boards could take the stock business so personally. This stock isn't Pepsico. It costs money to publish those things and this company is working to survive, not to make sure the flippers and swing traders make a profit. If you're trading this stock, then it's ridiculous to whine that they don't care about you personally; if you're in it longterm, then why do you care what the pps shows tomorrow? If there's nothing to report, there's nothing to report. But if you can't take the opacity and risk, get off the pink sheets.

Again, I'm staying in until something new tells me not to. The risk reward ratio here is too large.

The simple case for not selling:

No one here is in this stock for the Ecosafe Foam or AMNE's insulation supply business. If you're like me, you bought in for the Infinite R. And, with regards to that, you likely bought in at a much higher pps. So why question it now? The company has always been opaque, difficult to contact, and extremely risky.

Nothing about the fundamentals of AMNE has changed since the pps found it's initial post-split base of .0010 a few months ago.

Penny stocks drop on no news and bounce on actual news and we haven't had news for a while.

A while back they announced their unaudited financials (which admittedly were sketchy with regards to certain aspects, including income) but they did seem to be in okay financial shape for "15 months".

Obviously there is an extremely negative sentiment on the AMNE boards, but I'd be very interested in hearing an argument for why, if you believed the company was legit enough to initially invest in, you now feel that the whole thing is a scam? IF you can't make a fair argument for that, then the only conclusion you can make is that they are honestly working on growing the business, and the only logical play is to hold and await the possible IR rollout that attracted you in the first place.

I've never been sure about this company, and I'm no surer now. But, I'm no less sure either. It's a legitimate question: for those who were initially positive on the stock, why has your sentiment changed?

call 954-617-5663. it's TGGI's IR number, not AMNE's. TGGI wrote the press release and the guy who wrote it (i believe, although i didn't ask) will pick up the phone. i don't understand why you guys do so much posting on this site and yet won't call a phone number to do your own research.

it's not he said, she said. it's the guy who wrote the PR that we've all been upset about telling me that i'm misinterpreting what he wrote.

please call the number to confirm. Wallstreet Review is the company, and it's at the bottom of every PR they put out.

i called TGGI's IR people. why would i have a link? did you read the post or just the subject?

i put the phone number in the post (and it's also at the bottom of the 1/27 PR), call it if you need to hear it for yourself.

the guy was actually surprised that i was questioning whether the deal was still going through. it also explains why amne hasn't said anything.

this isn't an opinion and it's not from some random website.

I don't know about any of that stuff. What matters to me is that they finally get some financing. They had three ways to do it...

1 - Ideally it would be through bank loans, but I can't imagine any bank loaning a public company with a pps of .0002 millions of dollars.

2 - A reverse split, then dilute the stock with more stock.

3 - The sale of assets. They chose this one. The hope then has to be that they can continue as a business while they use the new financing for the marketing/production of Infinite R. The problem is that, other than Ecosafe foam, I don't know what Paradigm has to sell. I don't think that they can continue to supply start-up contractors without foam.

That said, this company has been and remains an all or nothing bet on Infinite R. I've never read a post that talked about getting into this stock for Ecosafe Foam. It's always been Infinite R, and, finally, they may have the cash to do it.

This stock will never reach a dollar, maybe not even a penny. But if it's what it's supposed to be, and they finally get it off the ground, the upside vastly outweighs the downside.

Today I moved from hold to buy.

Confirmation: AMNE-TGGI deal still going through. I just spoke with the Wallstreet Review - TGGI's investor relations company about the release (the number can also be found at the bottom of the recent PR). He told me that I (and apparently everyone on this and other boards) am misinterpreting the PR.

What it means is that once AMNE sells TGGI the brand, TGGI through ECOFL will purchase the foam directly through their own manufacturer and will no longer use AMNE. Basically, it's a worthless PR, but it's meant to address the future of ECOFL after they buy the brand from AMNE (which AMNE has claimed is worth 8 million dollars), and has nothing to do with ending the deal that had been announced.

The person I spoke with said, and I'm quoting, "We're just waiting on fair value approval for that deal, and we have an idea where that is going to come in."

Don't believe it, call the number yourself. 954-617-5663. I think his name was Rick.

Working phone number for AMNE as of this morning: 888-487-9292

I posted a comment on the ecosafe site yesterday with some questions regarding the foam. I also asked why their phone number doesn't work.

Gary Gray emailed me back a few hours later stating that "We're moving out of an old space and into a new one and the phones have been disabled for a few days. The problem will be fixed by the end of the day." Then he gave me his cell number and told me to call anytime from 8am-8pm 7 days a week.

Whether you believe they're moving or just hiding I don't know. I'm a shareholder though, and since it's too low to worry about selling, I'm choosing to believe that they're making an honest effort to sell foam.

My personal thoughts: Like many things in the pk world, the PR discussing the likelihood of the Ecosafe buyout was exaggerated and obviously didn't go through. AMNE as a company has no interest in drafting a PR saying so, and has no legal obligation to. So we're back to where we were before they announced the sale, they'll keep selling their foam and, hopefully, make enough cash to market infinite R.

Anyway, I called the Paradigm number I listed above this morning - push 1 to get to AMNE, 2 gets you paradigm. I pushed 1, asked the woman who answered what happened with the Ecosafe buy, and was told that the woman I need to talk to wasn't there, but I could leave a voicemail (which I didn't do).

Please share with the group if you do get a chance to talk to someone...

While I own about 500,000 shares of AMNE, I do see the financials as being a little fuzzy. For one, they don't list inventory or income. And, most unnerving to me, there's not a single loan on the books, which tells me they can't get a bank to give them one. I don't think they're scamming, but they are poor accountants, the financials were done with QuickBook. The most recent PR says they have a "burn rate" of $40,000. I'm taking this to mean that they are going through their cash at $40,000 a month, which is an incorrect use of that term. We don't know if they're including accounts payable in this figure, which could dramatically change things. I also don't know how they can say their expenses are only $175,000 when, according to their own disclosure statement, the top two guys alone make make $280,000.

Hopefully, what's happened since they released the financials is that they've collected some accounts receivable to boost their cash on hand, and have made sales to increase the A/R. But what I think is probably more likely is that they've sold capital to boost the cash and continue to rack up A/R. As anyone who's spent time around financials statements knows, a small company having such a large proportion of their earnings as A/R can be in trouble (although it can also be a consequence of starting a new business).

This company should really be putting out audited financials, or, at the very least, pay a few hundred bucks to put out a reviewed statement.

On balance, the 20,000,000,000 A/S don't bother me, and it should have been expected by all shareholders for them to increase it after the split. They can't dilute the stock unless they tell all of us, so people crying wolf about that are just wrong. Most companies have A/S well above O/S in case they need it. A regional bank I know well has 5,000,000 O/S and 10,000,000 A/S. It's the huge number that scares everyone, but the practice is reasonable and expected.