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Re: AMHD Amelot Holdings -pink-

in response to Re: AMHD Amelot Holdings -pink- by ss7tek01
posted on Sep 25, 08 04:13AM

Actually, many trades under .0001. You seldom see a bid anymore, only ask and it stays at .0001. Volume is extremely low.

It does look like Amelot is slowly dying. Nothing has come of all the extravagant Press Releases (LOI, MOU, Costa Rica, Ghana) and the Barbados current very small operation is already late in producing. The recent 'meeting' between Amelot and the Barbados Government shows, imo, that nothing is yet confirmed over there either.

Nearly 5 billion shares outstanding, at best, a R/S that will bring the shares back (at 1000 to 1) close to .08 before, again, slipping to subpenny again.

go

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