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My wife and I visited EK Laboratories Thursday June 25 as scheduled, along with a dozen or so investors/perspective investors. To my surprise, all three founders (Daniel De Liege, Mark Koch and Johan Sturm) were there. We met the 3 main scientists (Dr. Paul Blair, inventor of the CTS process and Director Ek Laboratories, Dr. Xie from China and Dr. Peter Cohen). The entire operation is located in a beautifully remodeled warehouse. We were escorted into a very nice conference room where Daniel De Liege and Mark Koch introduced the entire company concept and progress to date in carrying out their business plan.
We toured the Lab where Dr. Cohen and Dr. Blair did most of the presenting. They explained some of the lab capabilities, much of which are way beyond my level of understanding including various pieces of lab equipment: JEOL DART Mass Spectrometer, Finnigan Ion Spectrometer, Waters Micromass with electrospray ionization, something called UV-VIS detection and something about MS-MS capabilities plus methods of separation including gas and liquid chromatography, etc……………
They explained that Ek Laboratories will be the only quality control center for the CTS process around the world. In layman’s terms, they stated they will test at their lab all the cellulose for all completed factories which will detail the quality of the sugar, etc., that these factories will produce. Daniel stated their policy is that every factory will be producing a consistently good product every time.
We moved into the small-scale production area where we witnessed hay being converted to sugar in various steps, all starting with a mechanical breakdown to what appeared to be a very fine corn meal-like material, with no visual evidence of emissions and no use of hazardous materials to complete the entire conversion process. I understand that sugar sells on the world market for about 13.4 cents per pound based upon my recent check. This process claims to produce sugar at about 5 or 6 cents per pound without using food sources, without hazardous wastes, within minutes. I can’t verify that they produce sugar at this low cost from what I SAW, but I am simply reporting what my wife and I observed.
If they can produce a quality sugar at this low cost in this manner, then this would be disruptive global technology as this company claims.
I think the proof will come when the first factory is constructed and actually produces a healthy profit. From listening to the CEO, I don’t see the first earnings coming in until about 5 or 6 months out, as the “completed engineering has to be delivered” to the company in South Africa, but “they are already working on that.”
All the above, as good as it may sound, still strikes me as a speculative investment and that is why my wife and I limit our total speculative investments to no more than 2% of our total investment portfolio. If we lose some of it, we typically still make a good profit for the year from the remaining 98%.
I let Daniel know that I was checking out some of the message boards and that investors are looking for transparency. He stated he has not been holding conference calls because he hasn’t had that much to discuss – until very recently. He stated he is planning one by the end of the next quarter.
Daniel stated an open house at Ek Laboratories, is in the planning process – hopefully within the next quarter. Right now he is focused on many other items, including improving the Ek Lab as he was just recently able to get the upgrade in electricity for some of his high-powered equipment. They still have a lot of work to do on this facility although it is fully functional now on a small-scale basis.
In conclusion, my opinion is that I should watch for the press releases from the company, watch for the 10-Q independently audited quarterly financial reports, and all other company releases. I will keep doing my due diligence. There is nothing more that I can say about this company until I see the earnings in the “company coffers”.
I will ask for a copy. I am compiling all these issues and will have copies ready for dissemination and I will ask as many questions as I can during the tour and after the tour. At this point, I probably know less about this company than many of you.
I appreciate that insight. That will be one of my questions assuming I still get that tour about 26 hours from now. - ref no conference calls. I hear your concern loud and clear. I believe you have been investigating this company a lot longer than I.
He is not my beloved - I have never met him.
My wife and i are still scheduled to tour Ek Laboratories this Thursday at noon in Longwood Florida. I am not positive who I will get to meet but I have some questions for those conducting the tour. If any of you have serious questions you would like me to ask, please give them to me and I will see if I can get answers.
That is real good insight on your part - "Fleece them". The only problem with your statement is that I'd be fleecing myself as it is my own modest amount of money I have invested in this.
I don't know how much was actually made - I'm just saying I enjoyed the movie which was based on a true story. I saw that Daniel De Liege and Mark Koch were listed as the 2 Executive Producers - the only 2 Executive Producers that i saw on the credits. I am like most of you who are are doing most of the postings on various sites - I want to see Ek Labs in person which I will do this Thursday at noon; I want to see the first real plant built and I want to see Paritz document monies actually being received by ABE.
Reference my post regarding the character of the three founders, I did not mean to imply that all the family-friendly, faith based movies produced by the 3 founders of Alliance BioEnergy Plus (ALLM) have failed to make money. They have in fact, in many cases, been quite successful. For example, the public record tells me that the movie, "The Perfect Game" whose executive producers were Mark Koch and Daniel De Liege, (the current 2 board members of ALLM), produced this money maker. My wife and I watched this movie last night and loved it! True story about this little league team from Mexico, in 1957, who went all the way against insurmountable odds to win the Little League World Series in Williamsport, PA. Based upon a true story and the pitcher in this game is the only pitcher in Little League World Series history to have pitched a perfect game! See this link: https://en.wikipedia.org/wiki/The_Perfect_Game
This movie has no cursing, no sex, very family friendly and has a strong faith-based message, typical of the 3 founders of ALLM. Mark Koch also was Executive Producer of "Lost In Space", the 1998 #1 block buster which grossed $300 million dollars. I have this movie on order from Netflix as well as his hit "Black Dog: starring Patrick Swayze. These 2 hits were produced by Mark before he became a born again Christ-follower. Mark was also instrumental in the production of "The Passion of the Christ". All this info and much more is available from the public record. The integrity issue is so important to me as this investment is my first ever start-up investment. Integrity is everything in a start-up as that is one of many factors as to how I rule out a P&D operation.
I am with you Wall Street top gun. The negative people need to realize that this company is just getting started - it is in its infancy and its 3 founders producing all those faith-based movies have integrity. Take a chill pill. If you don't like your stock, sell it. Have you not heard that ABE has just opened its Ek Laboratories, Inc., formally named the Central Florida Institute of Science? Copy and paste in the link below to read this information about this quality control center for the CTS process around the world. It will also be a profit center and operate as an independent lab capable of a wide range of analysis for industrial materials, pharmaceuticals, fuels, gases and all the other applications which you can read for yourself.
http://finance.yahoo.com/news/alliance-bioenergy-plus-inc-announces-130329039.html
My wife and I are scheduled to tour EK Laboratories Thursday 25 June at noon at their Longwood Florida location. Apparently this is the facility that you believe does not exist or that is a ruse. For you people who think this company is not for real, they sure are spending a lot of money building the ruse you think it is. They are also spending a lot of money traveling around the world negotiating deals. I like the thousands of shares I have thus far and I intend to buy more as this company develops and cash comes in as verified by Paritz PA, the independent auditor. If I am wrong, this will be my first loss in 30 years of investing. I also went to the SEC website and the company is indeed fully reporting as is required to get on the NY Stock Exchange in the future. To date, the reports have been brutally honest with no earnings to date - which is true and commensurate with what the company has been stating. This is about to change in my opinion.
As far as the selling pressures, if you read the 10-Q reports as I have, you will note that some people were paid for services in significant shares as start-ups don't have a lot of cash. Many of these people worked hard and never received a penny. Now that they can get 80 cents a share, they want some money. this is a common situation for all legitimate start-ups. I don't see this as another scheme as some of you might.
http://finance.yahoo.com/news/alliance-media-group-holdings-inc-154731680.html
I have been informed that I will be scheduled for a tour of ABE's small commercial scale CTS demonstration plant and research laboratories at its subsidiary Central Florida Institute of Science and Technology, Inc. (CFIST), located in Longwood Florida. It has been reported to be on-line. I found out about tours on the company's website. I was informed that these tours are for potential investors for those interested in actually building full-scale factories - not for small stock investors like me but that they will try to work me in.
If my wife and I get a tour as projected, I will report on it. It won't change my current thoughts that I won't be a serious investor in this company until I see money in the company coffers, via independent auditor verification from Paritz PA and completion of an actual factory with proven good earnings - all on record. Of course, if all this happens, this company will be offered on the New York Stock Exchange and the price per share and the daily volume would soar.
If all the above occurs, I can see myself buying a million shares.
Yes I see that. I am the one who bought the 100 shares at 0.83 which increased the price to 0.83 where it stands now. My dollar cost average is so low that I will play with this stock for educational purposes although it is clear, strong volume will only happen with proven earnings in the company coffers. What I am doing means absolutely nothing for the investor in this stock.
Currently CSTI is bidding 0.79 for 1300 shares. CSTI and MBAY are asking 0.83 for 1000 shares.
Ref my ETRADE Pro Screen. That Market Maker CSTI that you guys have been talking about for some time, controls the board right now. They are bidding 0.79 for 1000 shares (that is the 1000 shares they are revealing on my exchange) and they are asking 0.80 for 1000 shares. And nobody is moving on either of their offers. There are plenty of asks for 84 cents and higher on my screen but it looks like CSTI will block these all day long once again as they want to dump their shares for someone in particular. Just an observation. I am learning with this start-up.
Just to clarify, I just reviewed again the Form 8K the company recently filed with the Securities and Exchange Commission (as shown on this Investors Hub website) regarding the $25 million deal with Naldogen. They have stated the monies must be "paid or guaranteed" within six months of the signing of their agreement. Before I would buy additional shares of ALLM (other than occasional100 shares purchases LOL), I would have to see the monies "paid and in the company's account - not guaranteed". Or monies paid and in the company's bank account from another deal.
I am researching the associated South African companies involved with the initial contract. So far, the South African Company "Spearhead Capital", listed as part owner of Naldogen, is very legitimate.
As soon as I see proof of earnings in the company coffers hopefully via the next independent audit 10-Q Quarterly Financial Report due in July, I will be interested in acquiring some serious shares in ALLM. Not before then for me. AS they say, "Show me the money!"
I just purchased 100 shares at the asking price of 80 cents and the price increase to 80 cents from 79 cents. If I really wanted more shares I would buy them all but I have 300,000 shares now - that is enough.
Issac: Yes I see on Level 2 that CSTI is asking 0.80 for 10K shares and bidding 0.79 on 1800 shares. CANT is asking 0.77 for 20K shares right now.
Yes ETRADE tells me there are many exchanges for the OTC and that I don't have access to all those other exchanges. the only way to see it all is to have level 3 access and I do't know aNYONE WHO HAS THAT.
My ETRADE Specialist said even he does not have level 3 access.
And yes, so I know that there is a lot going on on the many OTC exchanges that I can't see. That is too bad. But ultimately when we get Paritz PA to do their next independent audit of ALLM via a 10-Q, in July, if there are indeed earnings starting to show up in the audit, then the volume of trade should increase as well as the price per share. Got to have proven earnings to move out on this or any stock for that matter.
I like your optimism. What do you think of my post showing Johan Sturm has filed the Form 13D because his new share purchases give him some 26% of ABE's shares and the other article from Reuters I posted showing he recently purchased more than 12 million shares at 75 cents a share? It sounds like he believes in the company he founded but again, this is my first start-up investment. What do I know?????? Probably not very much.
My thing is investing in companies like Apple beginning back in 1999. I like companies with proven business plans, growing earnings and a high likely-hood of growth going forward. I am operating out of my league and comfort zone with ALLM - no doubt about it. Just being honest.
Your comments are spot on.
Issac:
ok, I go with you on this little detail - LOL!
Issac, you are a pretty smart guy and I really like all the points you are making!
What the stock closed at Friday is not important but I do know my purchase of 100 shares at 3:59 PM caused the price to jump from 70 cents to 84 cents. It is shown on my ETRADE transactions list for Friday. It was a silly thing for me to do and I'll try not to mess with it again.
The important issue is: Is this company for real, is its claimed technology for real,do its board members have integrity? We are going to find out for sure this year. Thanks again!
Evidence of Integrity of Board Members for ALLM. See Links below:
http://www.cbn.com/700club/features/amazing/Mark_Koch101207.aspx Mark Koch’s Testimony/Bio
http://www.imdb.com/name/nm0209735/ Daniel De Liege Executive Produce Lio of Judah - Christian animation
http://www.amg-films.com/about-us/key-executives/15-w-johan-sturm Bio Johan Sturm
You guys on this message board are making me work hard with all the hard questions you are asking. I am learning some things from you as this is my first ever speculative investment and I appreciate all the issues you are raising.
One of the first things I did before investing in ALLM is to check out thee backgrounds of the 3 founders of this company. See the links above.
All 3 have heavily invested their lives into Christian media. I can see from the public record, for example, that Johan Sturm has raised millions of dollars to be executive producer of about 8 Christian films including his last 2, The Perfect Wave, starring Scott Eastwood - 2014 release and Soldier of Destiny Nov 2012. You can stream the latter for free via google. The Lazarus Phenomenon can also be streamed for free via google.
All are strongly evangelistic and all failed terribly as an investment from the world's secular point of view. Can so called Christians be unsavory? Sure - all the time. But it is not logical that men who keep spending millions of dollars on evangelical films which fail at the box office would create a pump and dump company called what is now Alliance BioFuels Plus inc. It is not logical that they would steal with a pump and dump to raise money to produce evangelical movies. All this may not mean anything to non-Christians but it means something to me.
http://www.octafinance.com/sturm-w-johan-just-reported-giant-alliance-bioenergy-plus-inc-stake/
What does everyone think of this account at the link above? I found it ref W. Johan Sturm reporting a giant Alliance BioEnergy Plus (ABE) stake on this Form 13D. Would this article go with my previous message where it says he bought more than 12 million shares at 75 cents per share?
I am just checking various sources for info as I too am skeptical about start-ups that sound too good to be true. Appreciate feedback from those who know a lot more than I about ABE (ALLM).
http://www.reuters.com/finance/stocks/insiderTrading?symbol=ALLM.PK
I was wondering if the above link from Reuters is legitimate. It shows insiders buying their ALLM stock in the millions of shares - some at 75 cents per share. For example there is a Sturm, Johan W. who made 2 different buys at over 6 million shares each at 75 cents per share. My question: is all this for real? This would mean this one individual spent some $10,000,000.00 of his own money. Does not sound logical or real to me.
I really appreciate the critical reviews from Gregory and several other prominent reviewers of ALLM. He/everyone has every right to be suspicious. He and the others have a lot of valid concerns. Most of the OTC offerings out there fail and many of them are Pump and Dump operations.
I still believe that ALLM will prove to be the rare exception to the rule and will succeed. I will not buy additional stock in ALLM until I see the independent auditor, Paritz P.A., document a positive quarter for ALLM in their next 10-Q report. My research shows Paritz PA is a distinguished accounting firm. You may have noticed that all previous financial reports prepared by this auditor for ALLM have been extremely dismal. An investor in ALLM, looking at just these 10-Qs, would have to be crazy about investing in ALLM. Paritz has repeatedly stated there were no earnings ever for ALLM and it was not known if the company would survive much longer as it was not known if they could obtain additional funding to continue its operations. These reports have been so dismal because Paritz is accurate and truthful. If their next 10-Q is prepared by Paritz and reflects that the $25 million was indeed obtained in upfront fees as the company stated, this report would reflect a totally different outlook on this company. This will not be a panacea, but would indicate legitimacy to this company's claims.
So I, like everyone else, is saying "show me the money". In the meantime, limit your investment in ALLM to no more than 3% of your portfolio (1% would be better) just in case the next 10 Q report does not reflect a turn around in this start-up company's situation. If this initial income is not reflected, then this is pump and dump. If it is shown to be true in the report from Paritz P.A., then you have some justification to continue investing in this company.
Ref Price Jump from 70 to 84 cents. Yes that was strange. I was watching the screen at 3:58 Friday when I noticed on level 1 that the Ask had suddenly jumped from 70 cents to 84 cents for 20,000 shares. I was just playing with it as the previous low ask price for the day, all day was around 70 cents. I am the one who bought the 100 shares at 84 cents at 3:59 PM which caused the massive jump. It was bizarre as all the ask prices on my level 2 screen showed lots of ask prices at the 70 cents level but on my level one ETRADE screen, all that went away and it showed the ask price was 84 cents per share.
So the huge jump in share price is really bogus and the bidding on Monday may start at about 70 cents - who really knows for sure.
My background: I purchased 55,000 shares on/around 18 April at 19 cents per share when investors were dumping ALLM. Unfortunately, I missed the huge sell-off on/around 15 April of nearly 600,000 shares. That is what I get for falling asleep behind the wheel. I continued buying more shares as the price went into the 20s, 30s and on thru 60 cents.
Yes we need to see the next K-10 report from the independent and highly reputable Auditor, Paritz P.A. Investors need to see that the monies from the sale of the first sub-license to that South African Company are for real. This marks the first income ever for this new start-up company.
Alliance BioEnergy Plus Inc., (ABE) remains in my speculative portfolio. As full scale, earnings producing factories get built per company press releases, to include the first one in South Arica, I envision this company will be moved into my rock-solid dividend producing portfolio. But this company is still in its infancy and needs to remain in the speculative arena until earnings become rock-solid and predictable. I have scheduled a tour of the CFIST located in Longwood Florida - the commercial scale facility you have likely read about. This tour is meant for the large investors - not the small fries like me. They are letting me tag along with a tour of the big institutional investors for whatever reason. I now have 300,000 shares of this company at way below the 70 cents current price so I obviously believe in its long-term future being very bright. But just keeping it real, it will take time for this company to be highly successful. Day to day price per share right now is not important to me. What is important is the continued progress of this company (ABE) and its subsidiaries with its very smart board of Directors headed by Daniel De Liege and its President of Company subsidiary AMG Energy Group, L.L.C. - J. Palmer Brown - who will oversee the Company's Licensing and plant construction while working with licensees on quality control and optimization. The biggest event for this company will be the completion and successful operation of the first factory with just 50% of expected earnings and profit to make this company highly successful. Hope I am right about this company.
Best advice is to limit your investment to no more than 3% of your portfolio.