Been monitoring this board for months, but just decided to register. Your willingness to account for shares pushed me over the edge. I currently have 100,000 shares, but I am on the fence about buying more.
I apologize in advance for the length, but with only 3 post available...I wanted to make use of them. I have a couple of reservations that I would like to resolve, if someone has the answer.
1) Has anyone been able to get the exact physical address of the plant under construction? I know someone has mentioned they live close and would be willing to give updates. However, I have not been able to get this information
2) How much debt do we have? If none; why not leverage with debt for bigger returns (no need to issue more shares) for the current shareholders? If the technology is real; I would think financing would not be difficult.
3) Has anyone been able to get contact information for the company(s) that initially provided the valuation? Verification of this company and their reputation could go far.
4) How can ACMG provide the financial forecast without some understanding of the current accounting problems? It is my understanding the reasoning for not issuing audited financials is due to problems with the shell company....how are we confident the shell company is not carrying large amounts of debt or other problems? If the accounting is that bad, I would not feel comfortable issuing a forecast. Also, how bad could the problem be...I have personally been involved with the "restructuring" of VERY large publicly traded companies which have experienced "accounting problems" and it did not take this long (Alcar has no substantial accounting at all...to my knowledge).
5) I realize this question is hypocritical (considering I am an investor with questions), but why is so much of the website dedicated to investors versus the technology/marketing...specifically note the "Products" page lack of information. This is concerning to me.
Again, I sincerely apologize for the length of this post (and I expect some "ribbing" due to my first post is such a long one with questions), but please forgive me. Thank you for compiling this list and I look forward to continuing to read the insightful (and pure dumb) emails. Also, thank you all in advance for helping me resolve these questions.
Regards
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