Alcar Chemicals Group, Inc. (fka ALCX)

[jerseyboy]

I agree with you that the company is truly amazing, but suggest after you read my reply that you also read post 4109 for a very good analysis of ACMG's share price prospects.

The CEO has now put all of his shares into escrow for a certain period of time. The LOI will specify that the Asian group will get control of voting privileges of the escrowed shares, thus obtaining control without the company having to issue any new shares, except those that will be issued to obtain enough financing to build out the Canadian plant, which will be a little over $7 million.

The valuation of $2.05 represents ALL aspects of the deal, including the company's estimate of the present value of the earnings related to its minority percentage ownership which it will obtain as part of the deal of the four ethanol plants in Southeast Asia that the Asian group plans to finance and build under the company's direction.

NO ONE is going to receive $2.05 per share for their shares. The external shareholders' position immediately after the deal will remain unchanged from what it is right now, except for the number of shares to be newly issued to obtain the financing I have referred to above.