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Longs put all your shares for sale above $7.50 to avoid lending them to shorts.
Bloomberg radio had coverage of Rare Earth Materials. About a 5 minute discussion on Rare Earth, China exports and how its hard to work with.
Maybe someone will search out Rare Earths and find AREM.
What is it now? The stock has never been over $5, EVER! Not even back when it was BRLN
Call me an optimist but I feel like this story is not over. I am very disappointed that it dropped back on so few shares traded but I feel like something still may happen here.
Right back into the crapper, no volume going down but down big.
LOL, not sure you have the stomach for this stock.
I hope they don't have to, if you remember they were forced to do that last time. If they did it again, I dont think they would survive the revolution.
I think most are waiting for EARNINGS to come from all the crap in the PRs.
American Rare Earths & Materials Fights Chinese Stronghold and Monopolization With American Based Solutions in Rare Earths Extraction and Applications
Press Release Source: American Rare Earths and Materials, Corp. On Tuesday October 26, 2010, 9:30 am EDT
TORONTO, Oct. 26, 2010 (GLOBE NEWSWIRE) -- Dr. Nataliya Hearn, CEO of American Rare Earths & Materials, Corp. (OTCBB:AREM - News) (the "Company"), announced new technology and business platforms to fight the Chinese stronghold of Rare Earth metals. Dr. Hearn noted China's refusal to resume exports of Rare Earth metals to Japan has now expanded to Europe and the United States according to The New York Times (http://www.nytimes.com/2010/10/25/business/global/25rare.html?ref=china) and stated that the Company's focus on Rare Earths and Materials processing and applications will provide economical alternatives to the "latest act of Chinese aggression."
The company's new structure consists of three (3) main business platforms providing immediate solutions to potential shortages and growth of the companies future revenue streams:
Industrial Applications -- providing Rare Earth metals, super alloys, and advanced chemicals to the industrial and commercial markets
Mining and Processing -- providing new supply of Rare Earth metals and other strategic resources to the global market from new mining sources and new extraction technologies of the tailings from current mining facilities
Licensing and Marketing -- selling industrial, ingredient and consumer brands and technologies under the AREM umbrella
"Our overall goal is to provide new applications and solutions for large industrial customers in the North American markets to compete and provide solutions to the current Chinese embargo. Our expertise in Rare Earth metals is substantial, including development of applications in consumer and industrial applications," stated Dr. Hearn.
Since 2002, the company has been commercializing Rare Earth metals. This has led to the development of a unique value chain that includes the extraction of Rare Earth metals, the development of patented Rare Earth metal super alloys and the manufacture of end products using Rare Earth metal components.
Dr. Hearn noted, "Our expertise in this category has begun to be recognized, we are approaching a 52-week high in our market capitalization and we are on path to announce several new strategic partnerships and relationships."
Welcome, you really need to do some DD because many times ppl here post a ton of BS. Without your own DD you would be a fool to just listen to a message board for any decisions.
Just in case BUY BUY BUY...
This company has a ton of potential but that has not given shareholders much in the past except losses.
litar, its with not whit. AREM has a plan hopefully it will bring the PPS over $2. They don't put out PRs like they used to but maybe we will start to see that again.
litar, they have been trying since the space shot to get this stuff going (alternative uses for scandium) its finally happening many pennies later. Lets just hope there are some earnings behind the success.
Been down low for a while, a huge spike and small profit taking...no surprises there but def not a pump and dump...I hope it continues as it has a long way to go before most around here are happy.
Still disappointed?
Its in a medically induced coma right now.
Uses of scandium and their technologies has been part of the plan from the start, its just finally coming through. They have done a very poor job of helping the share price but have done a lot of work with very little money.
I am still holding out hope but its fading with the S/P.
I dont think they are married. I have met both of them and they both were very nice and cordial. They each talked about potential for the company and it seems like the company has gotten there but the stock has been left behind.
Only answer that I have ever been given is that the golf world is full of people who don't like new technologies but from the looks at what is on the market these days, that looks to just be a load of BS.
If golf has failed but fishing is strong, why are the profits non existent? Someone is making money here but it sure as hell is not the shareholders.
Years ago they talked about much more than sports equipment, maybe they have finally broken through. It all wont matter unless it has a positive affect on the bottom line numbers.
http://hosted.ap.org/dynamic/stories/U/US_HANESBRANDS_SUPERSUIT?SITE=OHLIM&SECTION=HOME&TEMPLATE=DEFAULT
May 4, 7:05 AM EDT
Coat maker tries to beat insulator's heat problem
By MAE ANDERSON
AP Retail Writer
NEW YORK (AP) -- As Canadian mountaineer Jamie Clarke scales Mt. Everest this month, he's wearing a suit that's just a few millimeters thick, only slightly thicker than a windbreaker.
But despite the lack of the pillow-puffy down parka, he'll likely be more worried about overheating than freezing, because of a space-age insulator outfitter Champion is using in his one-piece full-body "Supersuit."
Aerogel, silicon modified to contain microscopic pockets of air - it's often compared to "solid smoke" - was developed for use as industrial insulation, and it's one of the best, lightest insulators around.
However, past tries to incorporate aerogel into coats have fallen flat. The problems? It cost a lot, is hard to work with and tended to insulate too well, causing wearers to overheat.
Champion parent Hanesbrands and Element 21, a Toronto company that licensed the aerogel technology, have spent two years and $2 million to solve those problems. If they succeed, they might have a competitor to competing insulators such as Thinsulate and Primaloft.
Hanesbrands is sponsoring Clarke's Everest climb.
The company wants to push aerogel into even more mainstream applications, including mass-market Champion gear set to be sold at Target and other stores sometime next year. Hanes spokesman Matt Hall said any Champion item developed containing aerogel would be "significantly under $100."
Is aerogel finally ready for its closeup? Maybe, thanks to evolving technology and steadily falling prices.
When Aspen Aerogels Inc., the company that makes the aerogel for the Champion suit, was founded in 2001, it mainly created insulation for NASA and the defense industry. It was exorbitantly expensive, CEO Don Young said.
Aspen, based in Northborough, Mass., lowered costs by opening up to new industrial markets, making its manufacturing more efficient by improving chemistry and lowering costs for its raw material. It has also expanded manufacturing, opening a plant in Rhode Island in 2008. It now plans to double the plant's size.
That has brought Aerogel prices down from $50 to $100 per square foot in 2001 to 2003 to just $1.50 to $3 per square foot, Young said.
Others have tried and failed to use Aerogel in clothing.
Ann Parmenter, a climber who tests Aspen Aerogel products, wore insulated socks on an Everest climb in 2006 and said her feet got too hot. Hugo Boss put it in a high-end jacket several years ago, but it cost thousands of dollars. Only a few were sold before it was discontinued because of overheating.
Burton also sold an aerogel jacket in recent years, but at $550 it cost twice as much as its non-aerogel jacket and was also pulled from the market.
Mike Abbott, Hanesbrands' director of research and development, said Element 21 and Hanesbrands are trying to battle overheating with a four-layer garment: an aerogel layer sealed between a layer that wicks away sweat, a layer that insulates to keep in body heat and a layer that resists wind.
They're not the only ones still working on aerogel. Russell Athletics is developing hunting gear, beginning with a high-end jacket that will cost $395 and come out later this year.
Climbers are eager to find out if the new jackets really do solve the problems of the past.
"Can outdoor clothing manufacturers deliver a high-quality product, in quantity, at a consumer price point using aerogel?" pondered avid climber Alan Arnette on his blog. "I hope so because I want one!"
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Element 21 Launches $250,000 TV Advertising CampaignBY GlobeNewswire
— 09:00 AM ET 01/05/2010
TORONTO, Jan. 5, 2010 (GLOBE NEWSWIRE) -- Element 21 Golf Company (ETGF
Loading...
), the leader in applications of high tech materials in sports industry including advanced Scandium Alloy golf products and biofiber fishing equipment, announced today that it has launched a $250,000 TV advertising campaign on DISH beginning January 4, 2010 and running until March 29, 2010. One thousand (1000) placements will air on: Fox Sports Pittsburgh, Sportsnet NY, FS Midwest, FS North, FS Ohio, FS West, FS Southwest, Madison Square Garden. The focus of the advertising campaign is to substantially increase sales in the geographic areas of USA where Element 21 products are just beginning to penetrate the market.
"To support our North American retailers which include Big Box stores -- Bass Pro, Cabelas, Academy, West Marine, Sportsman's Warehouse, Gander Mountain and Distributors -- Big Rock, Farris Brothers, Pitman Creek, Patches, Bishop, Hicks and Sports Supply, Element 21, is launching TV advertising campaign. The Campaign is targeted to regions where Element 21 is seeking to expand its consumer awareness of the significant benefits of advanced technologies in the Carrot Stix fishing rods," said Dr. N. Hearn, President and CEO of Element 21.
This was part of the plan from previous PRs, the use of scandium in other technologies outside sports. I think hospital equipment and other more common uses.
This could be HUGE!
Lets hope.
http://finance.yahoo.com/news/Element-21...
Element 21 Launches New Technology Awareness Campaign
Press Release Source: Element 21 Golf Company On Wednesday December 16, 2009, 8:39 am
TORONTO, Dec. 16, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that it has launched extensive campaign highlighting Element 21 new material technologies and applications in industrial markets and consumer products. This campaign is being managed by MuncMedia (www.MUNCmedia.com), Legend Securities (www.legendsecuritiesinc.com) and Mirador Consulting (www.MiradorConsulting.com).
"Element 21 has grown its revenues 1918% in the last three years and has expanded its materials technology platform. In order to have market recognition, Element 21 needs to take its public security structure to the next level by getting the necessary exposure and attention in the public market arena. The exposure will grow our investor base from golf and sport segment to materials and technology sectors, thus offering our shareholders the liquidity to make us a valued proposition for old and new investors," said Dr. N. Hearn, CEO of Element 21.
New website for fishing
http://www.carrotstix.com/index.htm
Element 21 Announces the Highest Q1 Revenues to Date
Press Release
Source: Element 21 Golf Company
On 8:30 am EST, Tuesday November 24, 2009
Buzz up! Print
TORONTO, Nov. 24, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News), the leading manufacturer of advanced Scandium Alloy golf and bio-fiber fishing equipment, announced today record results for its first quarter (Q1) July 1 to September 30, 2009. The Company generated Q1 revenue of $759,000 an increase of 37% compared to revenue of $555,000 in the same period in fiscal 2008.
The strongest Q1 in Element 21's history, follows fiscal growth of 1918% in the last 3 years.
"Fishing, being a cyclical industry, July to October are considered the slowest months of the year. The strong growth in revenues that Element 21 has shown during this period indicates that our Big Box Store distribution continues to be in the ramp up phase. Element 21 is expanding its distribution channels in two of the largest markets -- Texas and Florida (over billion dollars in equipment sales). Strong Q1 indicates that we are heading into another record sales year," said Dr. Hearn, President and CEO.
The Form 10-Q was filed with the SEC on November 16, 2009 and contains the details of the Q1 results.
Element 21 Announces Q4 Results
http://finance.yahoo.com/news/Element-21-Announces-Q4-pz-3390235611.html?x=0&.v=1
TORONTO, Nov. 10, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News), the leading manufacturer of advanced Scandium Alloy golf and bio-fiber fishing equipment, announced today record results for its fourth quarter (Q4) April 1 - June 30, 2009. The Company generated Q4 revenue of $1,197,000 an increase of 35% compared to revenue of $889,000 in the same period in fiscal 2008. The combined fiscal 2008 Q1, Q2 and Q3 and Q4 revenues are $4,010,000, showing 218% growth in sales as compared to the equivalent period in 2008.
At the same time the Loss from Operations for Q4 decreased by 725% to $184,000 in 2009 from $1,335,000 in 2008.
The Form 10-Q was filed with the SEC on September 28, 2009 and contains the details of the Q4 results.
About Element 21
Element 21's premier products are golf clubs (www.e21golf.com) and fishing poles made out of Scandium and biofiber materials, which are lighter and stronger than Titanium, Graphite and Steel. Element 21's golf clubs have been used by renowned golf pros, such as the winner of the FedEx Cup in 2008.
Element 21 has developed award winning fishing products (www.e21fishing.com). Element 21's Carrot Stix(TM) represents the latest in cutting-edge technology, using a newly developed proprietary method of integrating nano level cellulose bio-fibers into the rod. The fishing products recently were recognized as the "BEST OF SHOW" in the 2007 and 2008 ICAST shows, the world's largest sports fishing show.
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" that involve risks and uncertainties. These include statements about our expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.
http://www.taglichbrothers.com/equityuniverse/companies/element21golf/element21golf.asp
Element 21 Golf Company
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Symbol: ETGF
Analyst: Howard Halpern
Taglich Rating: Speculative Buy
Price Target: $1.00
Time Horizon: 12 Months
Rating Established: August 17, 2009
Price When Established: $0.55
Most Recent Report: August 17, 2009
Price When Issued: $0.55
1/2 day does not excite me, let me see it stay up for more than 1 month.
Which degree, I use my 20 degree for 205 and my 23 degree for 195?
The owner of that site is:
Registrant:
Lee Bailey Jr
100 Christi Lane
Boaz, AL35957
US
I dont think he an employee of E21, maybe they are working on a new website but I hope they get the stock symbol correct because it has it as EGLF.OB not ETGF.OB
It looks from the images that Perry is back to E21 shafts. Can anyone else find a good picture.
http://sports.yahoo.com/golf/pga/photo;_ylt=AvmQvLmTlkU3JKnyZvwa5x8ogsUF?slug=recap_round1200906250&prov=pgatour_com#photoViewer=urn%3Anewsml%3Asports.yahoo%2Cap%3A20050301%3Apga%2Cphoto%2C0f8f19111d764500a82af67a50c739bc.travelers_championship_golf_ctfb105%3A1
What other company has the orange stickers on the underside of the shaft?
15-May-2009
Quarterly Report
ITEM 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Cautionary Statement Regarding Forward-Looking Information
Under the Private Securities Litigation Reform Act of 1995, companies are provided with a "safe harbor" for making forward-looking statements about the potential risks and rewards of their strategies. Forward-looking statements often include the words "believe", "expect", "anticipate", "intend", "plan", "estimate" or similar expressions. In this Form 10-Q, forward-looking statements also include:
? statements about our business plans; ? statements about the potential for the development, regulatory approval and public acceptance of new services;
? estimates of future financial performance; ? predictions of national or international economic, political or market conditions;
? statements regarding other factors that could affect our future operations or financial position; and
? other statements that are not matters of historical fact.
These statements may be found under "Management's Discussion and Analysis or Plan of Operation" as well as in this Form 10-Q. Our ability to achieve our goals depends on many known and unknown risks and uncertainties, including changes in general economic and business conditions. These factors could cause our actual performance and results to differ materially from those described or implied in forward-looking statements.
These forward looking statements speak only as of the date of this Form 10-Q. We believe it is in the best interest of our investors to use forward-looking statements in discussing future events. However, we are not required to, and you should not rely on us to, revise or update these statements or any factors that may materially affect actual results, whether as a result of new information, future events or otherwise. You should carefully review the risk factors described in this Form 10-Q and also review the other documents we file from time to time with the Securities and Exchange Commission ("SEC").
Results of Operations
Nine Months Ended March 31, 2009 and 2008
For the nine months ended March 31, 2009 the Company had revenue of $2,811,328, which includes non-cash barter revenue of $172,757, and incurred costs of sales of $1,594,589 and general and administrative expenses of $2,468,407. Included in general and administrative expenses is a non-cash charge of $1,394,217, representing the value of compensatory common stock and warrants for services provided by consultants. This resulted in a net loss of $1,258,405, as compared with the nine months ended March 31, 2008 in which the Company had revenue of $952,562, incurred costs of sales of $736,419 and general and administrative expenses of $4,128,770, and interest income of $11,047, and interest expense of $10,174, offset by derivative income of $2,282,497, resulting in a net loss of $1,629,257.
Three Months Ended March 31, 2009 and 2008
For the three months ended March 31, 2009 the Company had revenue of $1,825,421, which includes non-cash barter revenue of $54,286, and incurred costs of sales of $959,542 and general and administrative expenses of $910,591. Included in general and administrative expenses is a non-cash charge of $302,011, representing the value of compensatory common stock and warrants for services provided by consultants. This resulted in a net loss of $116,012, as compared with the three months ended March 31, 2008 in which the Company had revenue of $565,630, incurred costs of sales of $461,292 and general and administrative expenses of $1,274,478 and derivative income of $253,853. Included in general and administrative expenses is a non-cash charge of $462,259, representing the value of common shares issued for services provided by consultants. This resulted in a net loss of $923,225.
Financial Condition, Liquidity and Capital Resources
The Company has negative working capital as of March 31, 2009 of $902,398. The Company retains consultants who are also significant stockholders of the Company to perform development and public company reporting activities in exchange for stock of the Company. At June 30, 2008, we had a working capital deficiency of $960,821. Our continuation as a going concern will require that we raise significant additional capital.
Absent continued issuances of common stock for services to our consultants and continued advances by stockholders of the Company, the Company cannot manufacture its golf shaft or fishing product lines or market its products based on its technologies. The Company is actively searching for capital in addition to $300,000 that management has raised in January 2009 to implement its business plans, supply the Company with products for distribution, and develop collateral materials for its potential customer base. There can be no assurance that such capital will be raised on terms acceptable to the Company and if this capital is raised, it, may cause significant dilution to the Company's stockholders.
--------------------------------------------------------------------------------
Recent Accounting Pronouncements
See Note 3 "Recent Accounting Pronouncements Affecting the Company" in the Notes to Condensed Consolidated Financial Statements in Item 1 for a full description of recent accounting pronouncements, including the expected dates of adoption and estimated effects on results of operations and financial condition, which is incorporated herein.
Dividend Policy
The Company has not declared or paid any cash dividends on its common stock since its inception and does not anticipate the declaration or payment of cash dividends in the foreseeable future. The Company intends to retain earnings, if any, to finance the development and expansion of its business. The Company is prohibited from paying dividends on common stock as long as there are any unpaid accrued dividends due to the Series B Convertible Stock shareholders. Therefore, there can be no assurance that dividends of any kind will ever be paid.
Effect of Inflation
Management believes that inflation has not had a material effect on its operations for the periods presented.
Critical Accounting Policies
The Company's discussion and analysis of its financial condition and results of operations are based upon the Company's consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these consolidated financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
The Company believes the following critical accounting policies affect its more significant judgments and estimates used in the preparation of its consolidated financial statements.
Stock-Based Compensation:
The Company accounts for stock-based employee compensation arrangements in accordance with the provisions of Statement of Financial Accounting Standards No. 123(R), Shared-Based Payments (FAS 123(R)). Under FAS 123(R), compensation cost is calculated on the date of the grant using the Black Scholes option-pricing formula. The compensation expense is then amortized over the vesting period. The Company uses the Black-Scholes option-pricing formula in determining the fair value of the Company's options at the grant date and applies judgment in estimating the key assumptions that are critical to the model such as the expected term, volatility and forfeiture rate of an option. The Company's estimate of these key assumptions is based on historical information and judgment regarding market factors and trends. If actual results are not consistent with the Company's assumptions and judgments used in estimating the key assumptions, the Company may be required to record additional compensation or income tax expense, which could have a material impact on the Company's financial position and results of operations.
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Allowance for Doubtful Accounts:
The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. If the financial condition of the Company's customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required, which would be charged against earnings.
Income Taxes
As part of the process of preparing our consolidated financial statements, we are required to estimate our income taxes in each of the jurisdictions in which we operate. This process involves estimating the actual current tax liabilities together with assessing temporary differences resulting from differing treatment of items for tax and accounting purposes. These differences result in deferred tax assets and liabilities, which are included within the consolidated balance sheet. The most significant tax assets are available net operating loss carryforwards. . We must then assess the likelihood that the deferred tax assets will be recovered from future taxable income and, to the extent we believe that recovery is not likely, a valuation allowance must be established. To the extent we establish a valuation allowance or increase or decrease this allowance in a period, the impact will be included in the tax provision in the statement of operations. Significant management judgment is required to determine our provision for income taxes and the recoverability of the deferred tax asset. It is based on our estimates of future taxable income by jurisdiction in which we operate and the period over which the deferred tax assets will be recoverable. In the event that actual results differ from these estimates or we adjust these estimates in future periods, a valuation allowance may need to be established which could result in a tax provision equal to the carrying value of the deferred tax assets.
Property and Equipment
We record property and equipment at cost and depreciate that cost over the estimated useful life of the asset on a straight-line basis. Ordinary maintenance and repairs are expensed as incurred and improvements that significantly increase the useful life of property and equipment are capitalized.
We test property and equipment for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the asset to future net cash flows expected to be generated by the asset. If such assets are deemed to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets based on the projected net cash flows discounted at a rate commensurate with the risk of the assets.
New presence in Japan for E21?
http://www.anserfreak.ne.jp/archives/2008/02/japan_golf_fair_2008_three.html
I would pay for the shafts just because I think its better for E21 that they have him using them.
The author of that article is Leith Anderson, he has been following scandium for years. I have had contact with him in the past, he told me he thinks scandium will catch on but the "old dogs' are hard to convince.
I see Noble International Investments, Inc. with the bid on level II.
Not a peep from the PGA Show? EM
You missed my point, I was just stating that the reason they brought in a new CFO was because of Sarbanes Oxley. This step is a HUGE step towards becoming a reputable company.