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It's too bad you didn't see jail sentences for the scammers and pumpers....Wall St is still the only place in America where you can commit Grand Larceny every single day and never have to pay a price for it.
All sounds so good....Are they going to fund AMEL or not???
No surprise,they are a UK Company....They came to repossess the only thing AMEL has left...A few palm trees in the desert...If anyone is interested in contacting them...
8 West Marketgait, Dundee, DD1 1QN
0844 892 0349 (Dealing)
01382 321185 (Fax Number)
0808 234 1888 (Main Number)
Good luck getting through
Who are Alliance Global Trust???
How do they tie into AMEL??? This company gets weirder by the minute.
New Rules as of May 1,2014 could impact this stock and hundreds of other penny stocks which means many will be delisted if they are not trading at .01 or more. Read it yourself...
Wed, Mar 26 16:15 PM EDT
NEW YORK, March 26 (Reuters) - OTC Markets, the operator of three U.S. over-the-counter equity markets, is rolling out tighter reporting standards and eligibility requirements for its venture-stage market to crack down on stock scams and bolster transparency, the company said on Wednesday.
On May 1 for its OTCQB market, OTC Markets will introduce a new minimum one-cent bid price requirement and will require the company's chief executive or chief financial officer to certify that its reporting obligations are current and that disclosures about shareholdings, officers and corporate profile are correct.
The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said.
OTC Markets also will charge a one-time $2,500 fee for new applicants and an annual $10,000 fee for companies trading on its markets.
Foreign companies that are listed on a qualified stock exchange and are current in their U.S. reporting obligations will be allowed to trade on OTCQB, OTC Markets' middle-tier marketplace. In the past, they traded on the lowest "pink" tier.
On Tuesday, the two most actively traded stocks on OTC Markets on Tuesday were French dairy products maker Danone SA and Swiss pharmaceuticals Roche Holding AG .
Trading volume on OTC Markets was 20.1 billion shares on Tuesday, about three times that of all U.S. stock exchanges and other trading venues. But the value traded, $1.4 billion, paled in comparison with the $263.4 billion executed on the other exchanges and venues, data from BATS Global Markets showed. (Reporting by Herbert Lash
FYI There is another company that already has a working unit that WPWR claims to have all the rights to..As soon as I find the article I will post it here for all to see...So far,WPWR only has a pipe dream and no working prototype...This is starting to look like another scam...No one at the company ever returned calls or e-mails from me.
Use your own judgement,but frankly I think it is a scam..
If you know something that the rest of us don't know,please share it
Did you mean Tesla going to another state...Not AMEL
As usual they didn't really go far enough...The new rules are a step in the right direction,but the SEC needs to lock up the pumpers and scammers for at least five years first offense and add more time for each additional offense,if they are stupid enough to do it again...
Interesting new rules starting May 1,2014
Wed, Mar 26 16:15 PM EDT
NEW YORK, March 26 (Reuters) - OTC Markets, the operator of three U.S. over-the-counter equity markets, is rolling out tighter reporting standards and eligibility requirements for its venture-stage market to crack down on stock scams and bolster transparency, the company said on Wednesday.
On May 1 for its OTCQB market, OTC Markets will introduce a new minimum one-cent bid price requirement and will require the company's chief executive or chief financial officer to certify that its reporting obligations are current and that disclosures about shareholdings, officers and corporate profile are correct.
The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said.
OTC Markets also will charge a one-time $2,500 fee for new applicants and an annual $10,000 fee for companies trading on its markets.
Foreign companies that are listed on a qualified stock exchange and are current in their U.S. reporting obligations will be allowed to trade on OTCQB, OTC Markets' middle-tier marketplace. In the past, they traded on the lowest "pink" tier.
On Tuesday, the two most actively traded stocks on OTC Markets on Tuesday were French dairy products maker Danone SA and Swiss pharmaceuticals Roche Holding AG .
Trading volume on OTC Markets was 20.1 billion shares on Tuesday, about three times that of all U.S. stock exchanges and other trading venues. But the value traded, $1.4 billion, paled in comparison with the $263.4 billion executed on the other exchanges and venues, data from BATS Global Markets showed. (Reporting by Herbert Lash
As usual they didn't really go far enough...The new rules are a step in the right direction,but the SEC needs to lock up the pumpers and scammers for at least five years first offense and add more for each additional one,if they are stupid enough to do it again...AMEL is close to the penny minimum,but can they afford all the new fees???
May 1 will probably be a disaster for a lot of hopefuls(other penny stocks) which may include AMEL.. I hope it doesn't....Lets hear what sirgoober has to say now...probably he will disappear into the sunset and never be heard from again...Good luck to all of us.
Hey Smitty...I asked the same question and some jumped all over me...Right now they don't have enough money to buy a lithium battery and they are going to supply Tesla???
Sirgoober seems to know something that we don't know and posted some things you might be interested in which are a few posts back.
sirgoober....Mr. Remo became interim CEO as of just two months ago and he is leaving already....Can you explain that for us ???
The AMEL website is either down for repairs or just plain taken down...please explain which it is...How do you know so much about AMEL???What is your expertise and who are your sources??
Tesla may also look at this company.
http://www.westernlithium.com/what-is-lithium/where-is-it-found
Thanks for the info...I hope you are right about Tesla and AMEL hooking up
Stockstreamer.....Is Ford really un-American or is it that AMEL has no lithium to sell to them....What is really behind the failed deal with Ford...I don't know,but maybe one of you other posters can enlighten me on this issue.
Also what will happen with Tesla if again AMEL hasn't even begun their drilling program..These are legitimate questions.
Fidelity just dropped CIG from their portfolio...Something weird going on here....Very difficult to get a handle on foreign companies and what is going on with them.
I don't know the answer,maybe you or someone else does.
Where is Ford getting it's lithium now.
Personally I hope all the optimists on this board are right..
I believe if AMEL Exec's had any smarts at all,they would apply for a government grant to finance the development stages.If they strike it big,they can simply pay back the government...If not.they can shake hands with Solyndra Solar.
I want everybody on this board to make money including me.I hope it happens..Mgt just doesn't seem to be in touch with all their options.
Obi...Did you even bother to read the entire post...Of course I know about Canada and Australia....Do you know what progress with those properties has taken place...Without funds,how can they develop anything...That is my point..That is why they had to let go almost all of what they had in Nevada....I'm not buying or selling..I am sitting pat because I am already at a huge loss.
I am simply pointing out some facts...How you want to interpret them is your business. I am not a pumper and I don't want to try to tell anyone else what to do..I speak for myself and Circadian and others are your real ENEMIES...Not me
Wake up people and smell the coffee..AMEL already lost most of their Nevada properties due to lack of funds to even pay the fees.They only have 600 acres left out of over 12,000 and no money to drill.
Read it yourself!!!!
Does this sound like a company eager to mine lithium...The geologists that did the test boring and sampling are not buying any shares,are they???
Item 2.01 Completion of Acquisition or Disposition of Assets
On September 3, 2013, Amerilithium Corp. (the “Company”), relinquished approximately 12,130 acres of its mining claims in Nevada (the “Disposition”) due to failure to meet certain work commitment expenditure and maintenance requirements. The Company currently holds mining claims over approximately 600 acres on the Company's remaining Nevada properties comprising of Full Monty, Jackson Wash and Clayton Deep. Having paid the maintenance fee’s for 2013/2014 to the Bureau of Land Management, Nevada.
Prior to the Disposition, including its claims in Australia and Canada, the Company held mining claims over approximately 704,868 acres of land. As of the date hereof, the Company still maintains all of its mining claims in Australia and Canada and 692,738 acres overall, representing a reduction of approximately 2% of its mining claims or approximately $1,600,000 of the Company’s assets.
The Company still intends to pursue a partial drilling program on the mining claims it still maintains on Full Monty, Jackson Wash and Clayton Deep. The Company is seeking to raise the capital necessary to conduct such a drilling program but no assurances can be made that capital will be available on favorable terms or at all.
From the SEC report filed by AMEL
"The Company still intends to pursue a partial drilling program on the mining claims it still maintains on Full Monty, Jackson Wash and Clayton Deep. The Company is seeking to raise the capital necessary to conduct such a drilling program but no assurances can be made that capital will be available on favorable terms or at all"
You do drill for Lithium,only it doesn't come gushing out of the drill hole like an oil gusher...You then have to extract the lithium from the brine by either of a couple of processes using heat ,chemicals,and pressure.
Wrong....You do drill to find it...
Maybe AMEL who needs money to drill,should approach Apple or Google and try to make a deal with them also.They both have billions,are interested in Tesla and need Lithium and a few million to either one of them is like a nit on a elephants behind.
They can easily afford the risk and capital.
AMEL claims to be on a hotbed of Lithium..I know if I was, I would be drilling,drilling,drilling...In fact I would be down there with my Black&Decker hand drill if there was so much Lithium on their properties...Without revenue,they will have to keep dumping their properties just to pay the lease fees.Tesla will just wait them out.Does anyone know if they are making any money in Australia or Canada,and if so why aren't the stock holders getting a piece????
Your point is well taken Saturn...Explain to me how not being actively drilling for the Lithium,is any value to Tesla with other suppliers not too far from the same area.
Last I heard and by the SEC filing,it appears that he is still getting paid from AMEL
I wish all you optimists were right..Let's see....Matthew Worrall brings the company from $1.60 down to less than a penny and has the balls to demand a $6,000.00 per month consulting fee for doing it....He pays pumpers instead of drillers and you people are jumping for joy...Go figure..