HLK Biotech Holding Group, Inc. (AMHD)

[d_macks]

Reading back over previous PR's... it's things like this that raise big question marks to me. Here is the story:

CHEYENNE, Wyo., Jan. 30, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (AMHD.PK) is pleased to announce that its wholly owned subsidiary, Amelot Commodities Group (ACG) has entered into contract negotiations with A2O2 Managing Partners, Inc. of Pawtucket, Rhode Island for a Bio-Diesel processing arrangement. A2O2 is currently building a 10 million gallon per year production facility with plans to go online in June 2007. ACG will provide A2O2 with the raw materials, which will then be processed at a fixed price per gallon. ACG will own the finished products and offer it for sale to its client base.

``This relationship provides us with the ability to expand quickly without expending funds for capital equipment,'' stated Allen Giles, President of Amelot Holdings, Inc. ``We will now be able to service the northeast from multiple locations reducing the transportation costs for our clients.'' ...


Looking back, I should have read this to mean "We've given up on our plant, and we're joining with someone else" (my own opinion). But even a bigger question is, who is A202? I tried researching it when this PR came out (Jan 30), and again today... still can't find one bit of info on this. Another phantom plant? It was these kinds of PR's that really drove me away from thinking this stock had any kind of merit. I mean, I'm open to suggestion here if someone knows more about it. And this was just one example of many.