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We have been wondering when this thing will stop trading for a while now. It is the energizer bunny in stocks. I see it is up to .003 today. Percentage wise you have to be happy.
One thing Dr c said in one of his releases was that they are making ethenol from cellulose in not from food product which he though was ludicrous.
That sentence was one of the things that compelled me to invest in the stock
Who ever though we could make fuel from food was an idiot.
I also think the shell has fees or taxes in arears for like 250,000 dollars.
Maybe the pinks are so corrupt they just recycle shells and someone will get this one 5 years down the road.
I know if Dr C is put in jail we won't get are money back.
Still it would be nice to see justice done.
The question is if Dr. C is still around. When you have canadian mistresses and russians involved he could be swimming with the fishes.
The only new thing which might be old to some of you is they have a message board for acmg on yahoo.
Stock still trading with people buying and selling daily.
No sign of the doctor. The concept for this company was right on. To bad he was a crook.
This is the end!
I know most sensible people have given up on this stock.
I am wondering if March goes by without a peep is it time for us unsensible people to take the tax write off.
I know the answer is obvious. I just wish we had Dr.c to answer questions. It amazes me that he can just vanish without a trace.
Profit,
I think it would be great to send someone after DR. C.
Unfortunately I don't think to many people would want to chip money in including me. I know we would all feel better if he gets his just rewards, but the only satifacton would be that.
I doubt we would get are money back. I for one will not spend another penny on this stock.
Has any one thought of the possibility that he has been taken care of by a disgruntaled somebody.
Once again nobody has seen or heard from him sence march.
That is pretty impressive to disapear completely like that in this age of the internet.
Dr. C could be swimming with the fishes.
Until there is solid news we are still living in a house of cards!
I wonder what ever happened to Bethany who use to post frequently on this board.
The uptrend is nice but news would be nicer.
What bothers me is there is no period on this sentence.
No story of a confirmed scam. It has not been halted, in like you say back to a million shares trading a day.
A puff of smoke has more substance then this stock, yet it continues to trade.
Scratching my head!
That is porbably why bethany left she saw the writing on the wall. It would be nice to see her pop back up on this board.
No doubt this stock continues to confound.
It could just be people who sold to get the tax break and are now buying back in to cover themselves for the new year.
Without any concrete news this stock will not move much,
I hope you are right!
Anything anybody could do to get a resolution on this stock would be appreciated. Even if it is good bad or ugly. I think we would all feel better if Dr C was on somebodies wanted list and not get away scott free with a scam.
I concur with the thinking to hold until next march.
You can write it off this year or next year.Depending on which situation fits you best.
We are just a ship of fools now. It has been fascinating to see how cleanly this was done. How Dr C set us up and then hit us out of the park. In there is no friging sign of him anywhere or any confirmation or deniel of the scam by anyone.
There should be a skull and crossbones on any pink sheet stock you buy.
I think we all expected the price to fall as we got closer to the end of the year for tax reasons. Its has been a strong year in the market and people will be looking at losses to write off against their profits.
I contacted sue kensil of Petro Chemicals news. They had written several articles about Alcard.
I said sense her paper gave Alcard credibility in a lot of our eyes they should do a follow up story.
She admitted they could not find anything sense March and nothing on Siam. It sounded like I did peak her interest and maybe should would keep digging.
The credibility of their paper is at stake in my opinion. They were indirectly contributors to a scam possibly.
Good luck to all. I fiqure I will wait to 2008 to use this as a write off.
Gator,
The two negatives of this company are:
No pr in 7 months, but you think that is because they are working on a confiedential project with BAHI(indian company)
Price is sub penny, but at least it is still trading.
Some assumptions you are making:
No TA because they don't need one because they are going to do a buy out.
They like letting the unknown continue because they can shake out stock holders.
I think your logic is as good if not better then any I have heard so far.
Pinkeye said it best: I keep trying to stick a fork in it but it keeps wiggling.
I am holding to at least next year, because once again if what you say is true the last big shake out will happen in the next few month and then they will make their move.
Fortunately it has not been tough.
If this stock is still good I think we won't get news until next year.
I will hold my stock at least until next year at this time.
There will be people who will sell for tax reasons.
I have to say that I like the optimism!
I think the price will start dropping hard soon because of tax selling and people will want to redirect their money.
Siam probably will wait to after the new year to make anouncement because they can continue to pick up cheap shares.
I keep wondering why this stock is not at zero.
Unfortunately I do feel we have all been scammed.
But the positive post do give me a little hope.
This stock is interesting because in this 24/7 age of communication plus internet. Somebody who sold a bunch of people stock has disapeared into thin air. We have bright people on this board along with a supposed reporter and we don't know what has happened.
Somebody who reads this board knows what the true story is, but they have defied human nature and kept it a secret.
This thing has been shut down without a trace.
How does that happen in this day and age.
Add to that the fact we can't seem to find DR. C shares.
So how did he make money?
If he had good intentions and the deal went bad, why not come out and say what happened and not have to hide the rest of your life.
Somebody please solve the puzzle.
The question would be how long are they willing to wait for share holders to be shaken out. The next big dump of stock will occur toward the end of the year for tax purposes. They could stay silent until next spring.
How many diffrent scenarioes do we have now?
Trintyz you are a whacky guy. Most of us bought this stock thinking we would make money. You bought this stock knowing there is a 99.9 percent chance you are going to lose money.
I think we all would be happy if you could get some information out of the sec good or bad.
People have given many reasons why this board exist. I think the main attraction is the unknown. A once promising stock has disappeared into thin air.
I gots to know how this story ends.
The final big date might be Dec 31 when everybody unloads for tax reasons.
I know quite a few people have already complained to the sec about a month ago. They sent us back a standard reply which rook posted message number 29446. We feel that is one of the positives that ACMG has not been shut down by the sec.
Google sec complaints and you can go to the web site and fill out a form that takes 5 minutes.
Sending the sec a few hundred more complaint can't hurt.
Iseem on May 8 did you not say you would not post again.
Check your past messages.
I think Merry has always been a straight shooter. Anyone who has followed this board know we have seen this all before.
People have birdies and big information coming just around the corner.
People who we thought were very reputable turned out to be scum.
Its where is the beef time. I don't want to hear it from a message board person. I want to hear from the company.
Small article in Tuesday Investors Business daily. Did not give name of the company.
"Plant to make sugar-free ethanol.
Georgia approved construction of the first facility to produce ethanol using plant cellulose, rather than sugar-based ingredients such as corn. The U.S. wants to boost production of ethanol to reduce its reliance on oil. Rising demand for ethanol, however, has pushed up corn prices , raising animal feed costs for farmers and boosting food costs overall. As a result, companies are looking to corn alternatives. While cellulose-based ethanol had advantages it takes longer to produce and energy firms are hesitant to embrace it."
The answer is Petresa! Your observation are as valid as they were back then.
You are very good at spinning things the way you want. You had me and others fooled with your convictions and percieved inside information.
You must be a politian.
I think you are doing everyone a service by posting that. The guy was a blow hard that attacked anyone who had a diffrent view then his. Calling them fuds. He turned a lot of new people off to this board.
I am still holding and you can add me to the list.
I have been holding for about a year now and also will not sale at these prices.
I know it is probably a bust, but at this point I can't let go en-case it is not.
Congratulations to all that held so far. At this point you have to believe this is a scam, but because there is no solid information there is the nagging doubt it is legit. I had lost so much that I was willing to let it ride. I did not want that feeling of missing out if it was legit. Stupid and emotional probably. The people that have sold probably are second guessing themselves now. You got to love the stock market.
I received the same response from the sec today.
Grantz your problem was that you appointed yourself hatchetman.
If anyone came on this board with an alternate view point from yours you would go on the attack, calling them fuds.
You had no problem bring out the long knives if someone said anything against acmg.
People just need go back in read your posts.
Look who the fool is now. Go pump your stocks somewhere else you pumper.
Bingo! You hit it on the head.
Sorry to hear that MR. Fud
My husband left for the grocery store 3 months ago.
Some stranger keeps answering his cell phone. I have not heard a word from him in 3 months.
Do you think I should call the police or would that be over reacting.
After all there is no blood or body so no real evidence of anything bad happening.
Oh! by the way someone emptied our bank account.
No concrete evidence of wrong doing! We have no concrete evidence that there is a company.
Once again no PR, no phones, no office, NO people. I think we have plenty of reasons to go to sec.
I am still holding my shares to. If sec clears them I might buy more. Right now we are holding an empty box.
Leighoh,
Just took your suggestion and filed a complaint.
It is easy and takes less then 5 minutes,
Everybody should do this google sec complaints.
At least we might get some sort of resolution.
still holding my shares.
This board seems to be slowly dieing. I would give it another 2 weeks if we don't hear any news.
The hardcores seemed to have disapeared.
Nobody forced us to buy the stock, but if we were mislead by false pr and bp then bad karma and jail time should fall on the good DR C.
I would and used to think something was also happening behind the scences with the volume and price holding. Why has this stock not gone to zero.
It seems this stock does trade around the world and to get 80,000 dollars out of 6 billion people might not be that suprising. A 1000 dollars will get you 50,000 shares. It might be worth the risk at that price.