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NOT TO MENTION CEO DIDNT TAKE A SALARY FIRST 3 YEARS. Plus if you look through the filing he has loaned the company 100's of thousands of dollars and is owed almost half a million for the original acquisition. Oh and is the ONLY original shareholder/director that hasn't "cashed in". records show he has only sold a few 100 thousand shares since the inception of the company 6 years ago and has bought 1,000's as well.
LATE ONCE AT BEGINNING!! PUKA-Every march can't file??? can you explain that. The Company was late ONE time on a filing due to having a new Auditor that couldn't understand the complexity of the original acquisition of AMG Energy Group. They required that a outside consultant be brought in that delayed their opinion letter. This was during the FIRST year.
4 issued Patents and 16 filed in pending. Checked with the Company last week. To date there are 4 issued patents and 16 filed and pending patents spanning 14 different jurisdictions around the globe. A lot of times when creating a family of patents to surround a process you do what is commonly known as overkill. You file things that you know you might not pursue but you have to file in order to get to the point that you can make that decision. it too late otherwise. Sometimes you may quickly file something only to learn later its not needed or covered. All very common. To cherry pick one application and use that as an example of actual protection...NOW THAT IS AMATEUR HOUR.
Magmar...Do you know the difference between UNPROVEN and NOT READY? your words...not mine. Unproven means it is ready but yet to be deployed commercially whereas Not Ready means....well not ready. So what are you asking?
cleaned up removed post from last week. WHAT A JOKE! I spoke with members of Sr. management this morning as well as two board members and the scientists at EK Labs, which is located in West Palm Beach now. It's sad that we even have to do this {redacted}
The facts: License with UCF paid per Master Agreements terms and conditions...PERIOD. ALL employees are paid and current on their pay...PERIOD. Ek moved to WPB for several reasons: Lease was up in Orlando; Space was to big for next phase; current WPB location close to office and less than 1/2 the rent in Orlando and finally tech no longer in need of Blair or UCF support; and finally BECAUSE THE COMPANY CHOSE TO MOVE IT. As far as leaving valuable equipment behind....NONSENSE. the only thing left was personal property of Blair and another former consultant, and it is/was their responsibility to dispose of. Filings are up to date, K will be ontime, as usual, barring some unforeseen auditor issue. Its amazing to me what is consider controversy.
Lets be clear on the Role of the "Inventor". First of all nothing was "invented", nothing. Mechanical Chemistry is as old as time. What was discovered is a way of using it to break cellulose bonds. The sole responsibility was to bring the process to a point that is can be scaled to commercial size...NOT TO COMMERCIALIZE IT. The inventor wouldnt have a clue how to commercialize it. It takes major chemical companies up to 14 years to bring a new process to market. 14 YEARS...let that sink in. Its been less than 4. These deals are complicated and involve an unproven (commercial) technology.
Now lets get to the Meat and Potatoes of this discussion. Sr management has asked me to mediate a face to face meeting with the naysayers so that they can bring them up to speed on all these issues and possibly enlighten them to some of the misconceptions they have about the company and technology. In the interest of fairness and journalistic integrity as it were (since someone is a Woodward and Bernstein wannabe) i am sure these two will accept and be eager to learn the truth. Of course we are not holding our breath...they dont want truth or understanding. They merely want to hurt the company because of some perceived slight. What say you, you got the courage to stand up for your convictions and meet with these folks? (redacted)
Who here can tell the class how long it takes a typical technology developer to bring a new chemical process from the lab to market? Anyone...anyone...Bueller? The answer is 7 to 14 years. Now here is a tough one...how long has this company been developing this process from the UCF Lab....careful its a trick question that only those that have been paying attention to reality will know. Anyone..? Less than 4 years is the answer. SOOOOOO who here thinks that this company is somehow able to circumvent normal industry standards, defy all known methods and somehow by pure magic do something that BASF or DOW can't do with unlimited funds.... Come on Bunch raise your hand...you know you do.
[url][/url][tag]https://www.researchgate.net/figure/Technology-Commercialization-Timeline-The-time-required-to-pass-through-any-given-stage_fig2_288426687[/tag]
That is an easy one. I asked this morning. Brown had a contract that called for him to perform certain duties around building a greenfield plant. When the Company made the decision to focus on the bolt on process initially, because Vero beach ended up not being appropriate, Brown's services were no longer required. Brown was paid handsomely to sit on his hands for a couple of years. His entire hours worked for 2017 didnt top 100 hours, yet he was paid full time so he would be available. Not a bad gig if you ask me.
bnch - This is a pre-revenue, technology company with a new science in a field where company's like Dupont, BP and Shell have spent billions over decades only to fail. So to blame these people, whom i know have invested their own time and money into getting it here, for the lack of share price is ridiculous. You folks here only care about day trading a fast moving share price and have no knowledge nor understanding of what it takes to develop, scale, commercialize then deploy a new technology. it takes DOW up to 14 years to do that. i think allm has been at it just 4 and is working on the first commercial application...if thats running something like crap then i want to get into more crap company's. Oh and lets not forget...they didnt take any government money, any wall street money or borrow 10's of millions to do it.
What a joke this AltEng is. From what i hear, and know from actual insiders, Blair and Brown's contracts weren't renewed when ended because they contributed all they could, to that point. Neither has ever commercialized something and the think tank portion of the program is over. As far as EK...it moved after its lease was up to a better location, close to the corporate offices. All of the employees moved including the actual Phd's doing the real work. You people on this site are entitled to your own opinions....just not your own facts.
He is an expert in the field you moron. As any good con man will do Cox tried to use his credibility. he was never paid, never did any actual development work and is stilled owed money for the CONSULTING he did do.
Lets try this again R....E.....A......L S.....L.....O.....W for you. never said cox didnt have a facility. Did say he never actually did any development work and took a lot of money from a lot of people and got caught for it. All of those companies were nothing more than a web of deceit. How and When or even if UCF updates those type of pages......no idea. its from 3 years ago. dont really care.
LTE thinks 4 year old press releases put out by a known con man named Cox that has since been discredited and sued for it, some how equates to facts. And he is right. if he keeps posting the same ole stuff over and over and over again eventually the responses repudiating his nonsense will get buried. Sorry LTE for the big word there it means disproving.
<<And even if it's only late but it's
still coming prove that there is an ability to pay!>>
LTE - Prove you're not a 15 year old living in your mothers basement using her credit card on internet porn! I don't need to prove anything to you. Naldgen is a licensee...i hope they pay...i pray they can pay....but its Africa and if you are betting on Africa when it comes to money you are a bigger fool than we all think you are. This company will shine when they finish engineering and sign with an Ethanol strategic partner in this country. everything else is a bonus.
Wiseone01 - Never met this person but i will say i appreciate this post. Having toured Ek myself as well the only comment i have is that the address he posted of 208 W. Marvin in not correct. Right street wrong numbers. Not my place to post actual. i would assume the company has not made that public because of the posts of people like LTE and others. This is proprietary technology that has been independently proven as evidenced by published material from the Max Plank institute, one of the most credible scientific institutions in the world not to mention the patents are held by the University of Central Florida another highly respected research institution.
I will say this Wiseone01 - selling 300,000 shares in a short period of time of a start up company like this is certainly a problem for any company. i agree a call to the CEO would have been best to see if there was another way to do that.
You gotta love this guy. When shown to be a shorting moron he just goes back in time and reposts things that have been discredited months ago. Just for fun. COX WAS A SCAMMER. All the press releases and all of the information LTE keeps posting about Cox and his companies and offices in melbourne and the like was all an elaborate ruse to con over a million dollars from a company in Singapore...who intern filed a lawsuit that uncovered the whole thing. that is when the current group along with the Singapore group took over, unwound all of the webs of nonsense and set it on the current path.
And as far Zuma and Sonono. LTE has no understanding of African culture. Sonono Khorza is Zuma's 4th Traditional wife. That is a thing in Africa.
Amen to that lptw. they keep reposting things from months ago hoping no one will go back and look up the responses that address their nonsense. i have no idea what is going on in Africa other than what i see and read and its not a pretty picture in South Africa. Rand down nearly 50%, unemployment at record highs, unrest in the streets and accusations of corruption swirling around Zuma who is looking for an exist strategy. If anyone was banking on Africa to be the end all be all for this company then you seriously need to stick to the blue chips. this company in my opinion is being built on a solid technology that will be needed by many in the biofuels world. if africa gets their act together and can pull off a license....great....if not oh well.
So your point is ALLM's forward looking statement is too wordy? its not eloquent enough for you? its these type of posts from you that i really am glad you put up because it shows your true colors and what you are really all about. keep em coming.
No Just You. Its legally required of some companies for certain periods of time and under certain conditions. wouldn't expect you to understand that from you mom's basement.
GROUP 10 PAID OFF. Just confirmed that Group 10 was paid off earlier in the year and that is why it wasn't included in the release. it will be in the K i am told.
Renmatix isn't a public company genius. they wouldn't need forward looking statements on releases. You're something else. Complain when people sell, complain when people buy, complain when people pay off debt and complain when it doesnt fit into your narrative.
oooops looks like they just paid that all off. whats next? did any of you ever check out the published papers by blair or the Max Plank Institute or the Queensland Institute on the technology??? Do you LTE even know what the Max Plank Institute is? obviously before you google it. i'll bet not. This tech has been proven, independently by one of the most credible scientific institutes on the planet that was founded by a little known scientist named Albert Einstein. Stick to shorting and pumping and dumping guys you have no idea whats going on here. takes time and money to commercialize a new science.
Just heard the convert notes were all paid. sounds like they are doing the right thing.
Where do you guys get 208 W Marvin Ave?? I have been to Ek Laboratories and i can tell you for certain it is NOT located at 208 W. Marvin Ave. Perhaps you morons should do some research on DCR Engineering or Process Engineering Associates. They are the ones engineering the technology and they seem to love it. Dont know about any of you but i am willing to bet no one on this Mensa site has ever designed and built an ethanol plant before.
FOR THOSE THAT ACTUALLY CARE! I will not address the obvious shorters and frauds directly on this board any longer. i will however set the record straight for everyone, every once in a while. For instance there has been a lot of accusations tossed about regarding some past liabilities of companies that have nothing to do with ALLM. All i can say is that i have been here since before the beginning. When the Delige group got control of the tech is was well AFTER Cox had ran up bills and tried to pull a fast one on a lot of folks. It was the current group that cleaned it all up and sorted out who actually owned what and who was liable for what. In that process it was determined by UCF, not Delige, not ALLM that the master license was indeed with Carbolosic, LLC and not Holdings, or Corp. Why would ALLM take on liability of companies that dont hold the license that they had no part in??? They wouldn't. All of the articles, releases or announcements regarding Holdings or Corp are before anything was discovered about Cox and his fraud. That is the final word on the subject.
As far stock pricing and shareholder calls. I will say this. Some of these people truly show who the scammers are and who are actually in the business of building a company. Only a shorter, or pump and dumper, or scam artist would think that you hold a shareholder call to lift your stock. Stock price means NOTHING to this company today. There is no revenue or plants open yet. Anything today is by the Grace of God and the belief of good people.
WHAT DOES ANY OF THAT HAVE TO DO WITH ALLM? thats the point moron. you keep trying to connect dots to ALLM with these allegations. ALLM owns AMG Energy Group which owns 50% of Carbolosic, LLC NOT HOLDINGS, NOT CORP, NOT CORPORATION. What dont you get?
You are an interesting character i'll give you that. Carbolosic, LLC not Holdings, not Corp, not Corporation but plain ole Carbolisic, LLC holds the license from UCF. The others were elaborate layers of Cox's fraud. All the smoke, mirrors, innuendo, conjecture and slight of hand doesnt change the fact Carbolosic, LLC has nothing to do with Cox's liabilities in the other companies, as you have been trying to connect. that would be the only point i am making and the only one that matters.
Once more for the learning impaired. Carbolosic, LLC (which holds the license from UCF) is not Carbolosic Corporation nor is it Carbolisic Holdings, LLC. Those are the companies that wracked up debt and liabilities, by Cox. Not Carbolosic, LLC. I confirmed that in the settlement all of the Cox companies were included for the reason i stated earlier. Liability does not jump from one to the other, just because you want it to. So although you are not lying you are using pieces of facts, strung together to paint a picture that doesnt exist.
Sending me personal messages threatening to expose nonsensical theories and half truths, if i dont leave you alone, goes a long way in convincing me to clear my desk and take a keen interest in you personally
You show your ignorance of how business actually works. When Cox was ousted they probably grabbed up all of the companies in the settlement not knowing what was where and by whom. You sort through all the fraud and then discard things arent relevant...like companies that own nothing but liabilities.
you should be held personally liable for the nonsense you allege. AMG Energy Solutions is the private company that owned the tech company AMG Energy Group before ALLM got into this biz. That was part of the transaction that got ALLM into this and away from entertainment in 2013. read the filings.
I hope you guys actually read these filings. i did and i have read the older ones too. this is nothing more than restating or clarifying type filing. That 600K + transfer he is referring to was part of the original purchase that got ALLM in this business. just more of the same from this fool. speculation, innuendo and BS so he can short, as he himself has said.
Bocephus - you are correct. this LTE moron has openly stated that he is shorting this guys stock to purposefully hurt the company for a personal issue and he wonders why someone would keep buying in small blocks to try and help it out. We all need to do that and more.
TIME TO IGNORE LTE's BS AGENDA. I have taken way to much time to uncover the scorched earth agenda of our friend LTE. Nothing he has posted or claimed has any legitimate merit and is no longer worth my time or yours. if he continues to post, which i am sure he will because these type of people have a mental disorder that forces them to, lets just ignore it and eventually he will realize no one cares about his nonsense. He is a little, bitter man that tried to take the company in a massive fraud with his friends, when it was entertainment, and it failed. Au revoir LTE.
You are absolutely right ascanius. He has an obvious agenda and everyone here is now onto him. i couldnt sit back and let his nonsense continue. I know these people and actually have a stake in this company. i educated myself very carefully before i got invloved and unlike this fool i actually took the time to meet the people and learn about the tech.
Ok here you go one last time. pay attention, put the comic books down and tell your mom you will be in the basement a lil while longer while you do some learning.
Thor Renewable Energy Singapore invested 7 figures in a guy named Bill Cox to create a subsidiary called Thor Renewable Energy Florida to develop a Sugar to Diesel Technology. Instead Cox bought the original license to CTS from UCF under Thor Florida. In an attempt to defraud Thor Singapore he tried, unsuccessfully to illegally transfer the license to Carbolosic Corporation. He continued to operate as if he did, burned through Thor's cash and conned several groups into believing he had. No development efforts were undertaken by Cox or Carbo Corp for the Cts tech. only a scam money raise and burn of cash. Due in part to the very press releases you posted Thor Singapore uncovered the scam...tracked Cox down and filed the fraud suit. Thor and AMG at the time partnered to form Carbolosic, LLC and transferred the license from Thor Florida to Carbo, LLC. NO ONE from Cox's group is part of ALLM, Carbo LLC or Thor. Got it now.
thats what im saying genius. try googling law suits in hollywood. you will be hard pressed to find anyone that hasnt been involved in one. nature of the industry.
All i have said is that I believe in this company and its technology. I have seen it work, met the inventors, the license holders, the university executives. i have talked with other Phd's not affiliated with the company that all have ALL said this is the simplest and most over looked breakthrough they have seen. None of which LTE has ever even considered doing because it would blow his scorched earth agenda here. All he has told you is a bunch of smoke and mirrors and cherry picked tid bits of info from various places that has nothing to do with anything relevant. Koch had a problem with the Writers Guild 20 years ago, Delige bought a house, most patents fail (most small business fails, lets not ever try anything ever again), Auditors disclaimers are scary, Licensees formed new entities to start these ventures (i guess LTE doesnt realize how JV's operate, you always form a new entity for liability reasons), 20 years ago Delige was involved with a pharmaceutical company that failed.... WOULD LOVE TO KNOW LTE's BACKGROUND. And notice how he still refuses to tell us about why he was involved with known con men that sold several entertainment properties over and over again only to get sued by ALLM and lose. Tell us about Creative Licensing.
Yeah we have seen this one. you already posted it. what doeas that have to do with anything. i have no idea what this is about but i do know unions and by simply not signing their collective bargaining agreements you can end up on them. Robert Rodriquez (director of From dusk to dawn and Desparado), Quentin Tarantino, Oliver Stone, Marlon Brando and many many others have been on those lists from time to time. tell us about your name on the defendants list with creative licensing.
didnt say that at all. you claimed that Carbolosic, LLC was some how connected to Corporation and Holdings and therefore owed a sutton properties something. merely showed how cox and those companies were part of a larger fraud that got them sued and running for the hills. Much like you did with Creative Licensing.