Alcar Chemicals Group, Inc. (fka ALCX)

[MrBigz]

Sometimes its good to re-read the NR's:

"With my primary duties, protecting our shareholders' value and securing the implementation of our first plant, now completed , I am ready to take on new challenges," stated Dr. Cavasin. "I am both honored and humbled by the position I've been offered, it is giving me the opportunity and the tools to accomplish far more for our environment than I would have ever thought possible," further added Dr. Cavasin.

According to the company a smooth transition period can be expected as Dr. Cavasin has been given the opportunity to share the task of nominating a new CEO and a highly competent candidate with a proven track record has already confirmed his interest to the executive committee.

The company also stated that a joint press release with BHL is imminent, reiterating that both IR departments are actively collaborating on finalizing the statement.

MBL