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Gold/Mining/Energy : ACMG - The Alcard Chemicals Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: xcentral1 who wrote (47)	3/1/2007 8:51:41 AM
From: xcentral1	Read Replies (2) \| Respond to of 52

Alcar Chemicals Group Releases Financial Projections Highlighting Over USD 1.4 Billion in Revenues Within Five Years MONTREAL, Feb 28, 2007 (MARKET WIRE via COMTEX) -- Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) has now released its revised financial projections. The company stated that it has released its updated financial projections available with the revised business plan, downloadable through the company's website. The new pro-forma financials outline the projected future performance, expected to reach nearly one and a half billion dollars in yearly revenues by 2011, made possible through the injection of 282 million dollars by Siam Renewable Energy Group, which is acquiring 55% of the company. The website also contains a thorough update of the company's FAQ section. Shareholders are encouraged to visit the updated website and examine the presented information, designed to answer all relevant questions. Siam Renewable Energy Group has released an initial amount for engineering prior to the signing of a definite agreement to accelerate the maximizing of process efficiency towards the use of by-products from sugar manufacturing as feedstock. The optimization targets Bajaj Hindusthan and M&G Group, both corporations manufacturing from sugar cane and with whom the company envisions long term licensing agreements. 2007 2008 2009 2010 2011 ------ ------ ------ ------ ------ EPS $ 0.02 $ 0.23 $ 0.94 $ 1.74 $ 2.93 ------ ------ ------ ------ ------ P/E * 15 $ 0.3 $ 3.4 $ 14.2 $ 26.0 $ 43.9 ------ ------ ------ ------ ------ P/E * 25 $ 0.5 $ 5.7 $ 23.6 $ 43.5 $ 73 ------ ------ ------ ------ ------ Free Cash Flow per Share $ 0.02 $ 0.62 $ 1.48 $ 2.72 ------ ------ ------ ------ ------ Shareholders' Return Analysis. "With the funds now in escrow and a definite agreement to be signed on or before March 21st 2007, we have taken the proverbial bull by the horns and have assigned the contracts for the construction of four reactors," said Dr Cavasin. "Only three reactors were planned, but an additional reactor will initially be used to prove the viability and economics of our process when used for ethanol synthesis and will later be switched to polyols production to insure the quantities of our contractual obligations will be met without delays," further added Dr Cavasin. The company stated that, after some unforeseen delays have slowed the auditing process, its audited financials will be finalized and made available very shortly. The company expects to be in the position to apply for and advance to the NASD OTCBB and or NASDAQ Small Cap within the current year. About Alcar Chemicals Group Inc. The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.