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Re: Zardiw post# 685

Tuesday, 07/17/2007 12:14:56 AM

Tuesday, July 17, 2007 12:14:56 AM

Post# of 6143
Mr Z
RE:AMCG (I recommend that all CCOP-ers keep up with what is going on with AMCG and stay up dated) Then you can wright a book!
Now you can see what happens when a company wont communicate with there shareholders, Plus all the lies that were told to mislead shareholders to BUY more stock and now we ask what happen to all the money. Share holders are planning!
**********
THIS POST IS FROM (AMCG) BOARD POST #31266 and 31269 By Profit

TO ALL:

I totally agree with “Swizzer13” post #31075.
We don’t know anything about the Co. and our DD has given absolutely nothing so far. We have been trying to create “critical timelines” and various business scenarios over and over in fact, simply attempting to justify the complete absence of communication between the Co. and its shareholders.

http://72.14.205.104/search?q=cache:4K7Opr9WsDYJ:www.sec.gov/answers/dfnctco.htm+sec+trading+without....

The link above clearly shows that such a state may be lasting for indefinitely long as far as there is no SEC rule, which would define the exact timeframe, during which a Co. may exist/trade without a T/A. The current status of the Co. (no IR, no T/A) may also imply that the Co. is a defunct one, and still being traded just because SEC is too slow in action taking.
We also have to remember that the Co. has never delivered anything since April 2006 except bunch of fluffy PRs, promises and extremely aggressive BP. Some info provided by the Co. looks completely false:

1) Engineering Consultants: Genivar - responsible for building the Canadian facility. Cenivar denied any relationship back in March.
2) Legal Counsel: Heenan Blaikie. Any relationship was denied by the law firm back in March.
3) From BP:
“An existing building has been acquired”. It was corrected later on in the BP “existing building is to be acquired”. However, it means that AC tried to present a future deal as a done one – complete false and misleading shareholders.
4) Evgeny Stefoglo listed CTO in the second last version of the BP back in February denies any business relationship with AC during last six months. More over Stefoglo is planning to sue AC for patent infringement.
5) Rajesh R Doshi, the General Manager of BHL denies any relationship with AC during last six months, though it was stated by AC that Alcar would be working on optimizing the BHL process till the mid of June.
6) Alcar CEO replacement on March 27th. Who is the current CEO (if any)? We don’t know…

The most important is that the mysterious SIAM cannot be located by any of us by any available means. My personal search has never returned anything even close to make me think that it has ever existed.
Let us admit that we have NO clear milestone to wait till to get an update on the current status of the company business. The A-M Polymer contract in August 07 looks to me same mysterious as the other things. The SAT hearing in September 07 may not have any relation to Alcar, as we don’t see any phantom shares issued by the T/A.
I had been quite positive about the company till I finally understood that there was no SEC timeframe for trading without a T/A. It means we may need to wait for months till we learn the truth.
I want to let everybody know that AURC.PK traded under SAT obtained a new T/A last Friday. The stock was traded without T/A for almost a month. However, we have not had any T/A and there is no indication that the Co. is doing something towards resolving such a serious trading issue. As a matter of fact, people who have their ACMG shares certified have their basic human rights restricted, as they cannot sell the shares without T/A.

We, especially those who are still in, have demonstrated incredible amount of patience, tolerance, personal respect to Cavasin and more than enough understanding that by some reason he couldn’t release an update. However, enough is enough! We should make AC to step to the plate.

What I would propose to do is:

1) Send Cavasin a group request to report the current status of the company.
2) Wait for a week for his response.
3) If no response send another one, in which we say that this is our very last attempt to resolve the issues in a friendly manner before we initiate a class action.
4) If no response send a group letter with our actual names and personal info to SEC
5) Send missing reports to Interpol, FBI, Canadian police.

I will be re-posting this every day in the morning to get more people involved in the action.

( BY profit )

The POWER of the Internet. Like the Six Gun in the Old West called an Equalizer.
Do your own DD, This post is my OPINION. ** TRUST, BUT VERIFY.**VERIFY

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