Aerofoam Metals Inc (EM) (AFML)

Another 500k exchanged at 01 today... heavy loaders the last few days, can't imagine they did it to lose $$$

10k @.02 $AFML shares to $1.00? Will find out today stay tuned

$AFML >> https://giphy.com/gifs/nasa-space-fire-1n4FT4KRQkDvK0IO4X

I've never seen such thin ticker in my 11 years trading otc ... I'll be watching tomorrow for this to bust out big time $AFML

Wow next mm was at 1.00 then 120$ on ask today. Whoever loaded this seems to be holding tightly for monster gains$$

MM trying to steal our shares>>> they’ll have to pay much more if they want mine >>> I have a personal 10x minimum but it’s much higher for low float rockets like $AFML

Very interesting activity here

It’s going to make for a strong base at one

$AFML someone loading big at 01... almost record volume day since g2p on sells alone

Thanks been following you for sometime $AFML out of the gates Friday >>> I'll put a bid in Mon

followed uuuuuu

$AFML nice action on Friday!

What is up with afml ????

shell? anyone?

Still no news. This is interesting..

Apr 09, 2008
What’s going on with the Aero Defence project?

Ever since company president Paul Colacci made the announcement last January that his company was negotiating with Cequent Towing officials to buy the former Hidden Hitch plant, there has been little visible progress regarding the venture.

Plans were to turn the former automotive towing parts manufacturing plant into a facility that would create a variety of armored vehicle types and styles for homeland security and first responder markets such as police departments, strategic sites, border patrol and ambulances.

It was expected that manufacturing operations would begin this April and the new company would hire 50 people immediately with plans for the workforce to double before the end of the year. Hiring was expected to start at the end of February with orientation and training to begin in March.

Now it appears that the project may be in jeopardy as the parent company Aerofoam Metals Inc., has apparently suffered an economic setback.

The company announced in an April 3 press release that “it is considering its strategic options including either the winding up of business operations or a conditional offer from a private group, that includes current management, to buy all outstanding shares of the company at $0.05 US per share in a going private transaction.”

The release goes on to say that Aerofoam Metals has been unable to achieve its operational and financial objectives partly as a result of a Securities and Exchange Commission (SEC) suspend trading order action against the company on June 13, 2007.

“Although the SEC released the company from that action on Feb. 6, 2008 the negative perceptions created by the order have hindered the company in its attempts to raise additional investment capital through the public markets and execute on its operational business plans,” the release stated.

The company goes on to say that the offer from the private group is conditional on obtaining financing, certain conditions that must be met by Aerofoam and the requisite regulatory filings and approvals being completed. The transaction, if approved, would be expected to close within the next six months.

This newspaper has regularly attempted to contact Colacci and Aeroform officials about their plans for the plant since the January announcement. To date no phone calls have been returned.

Claude Doughty is also waiting on a call from Aerofoam officials about their plans for the plant. The Huntsville mayor is frustrated at the lack of communication and apparent progress, saying that he is doubtful about the future of the project.

“I am pretty dubious about the chances of them coming forward. I haven’t been able to get any response. Given the timelines when they were first announced I am just not at all positive about this,” he said.

“Hopefully I am wrong. Hopefully they will turn it around but when you look at (the press release) I have really strong concerns. “

Parry Sound-Muskoka MP Tony Clement is one area official who has had communications from Aerofoam in the past few months since the announcement.

In an interview Monday from Calgary, Clement said Aerofoam representatives had told his office on Friday that the plans for the Huntsville operation were moving ahead.

However, since then, Clement has received the April 3 press release and now he has his own concerns about the project.

“I am hoping that everything is okay with them. But I guess the proof will be in the pudding. I did not talk to them (myself) but they assured they are still interested in Huntsville and they intend to move into the Cequent plant. I don’t know what that means but that is what they said.

“In this job you have to remain optimistic. I am concerned and I hope this will still transpire but I guess we will have to wait and see. I will keep my fingers and toes crossed,” he said.

In the meantime, resumes from prospective employees for the Aero Defence plant sit at the YMCA Employment Centre in Huntsville while officials wait for word from the company as to when they might be collected.

Nancy West of the employment centre said her group was initially asked by the town and Aero Defence representatives to receive the resumes soon after the January announcement by Colacci.

“I told the representative (from Aero Defence) that we can do job fairs and give you interview room space. They told us that collecting resumes would be a good start. They sent us the job descriptions and we have been collecting resumes since then. To date we have not received word as to when they will pick them up,” she said.

West would not say how many resumes the centre collected.

Doughty said the town is not going to sit back and wait for news from Aerofoam. He said he will work with the federal and provincial members to see if we can find another firm to come in and take over that operation.

“We can start look for other firms to go into there and in the meantime if they get their stuff together and make things happen, great. But I don’t think we can sit back any longer and wait for a phone call. They have to step up to the plate and I haven’t see that,” he said.

What do you make of this? http://www.bracebridgeexaminer.com/muskokanews/article/65421

well 0.05 is 100% gain compared to 0.025 friday close

Here is why.


http://www.aerofoammetals.com/Press%20release%20-%20April%203,%202008.htm

According to me yesterday selling was consequency of Chapter11 fear: the fact is buyout is subordinated to financing obtain, isn't sure at 100%.

Market believes that if financing is denied, the buyout will not done and Company, without capital may fail.
Sale assets is another opportunity, so no one may exclude a potential interest by competitors or creditors or customers.

But with 75 millions shares outstanding the amount of financing due to make private the company is less than 4 millions, a very normal investment more the money for operations...

Management is seeking to do a good business, AFML surely worths more than 4 millions.

Charts shows that AFML may come back in 0.05/0.07 area in a day with small trades, more risk more rewars as always...

More bad news for afml stock holder's....
They are probably going to shut down!!!

ha ha now its up up and away!!!!!

Hey guys. Looks like AFML may be out from under! http://www.sec.gov/litigation/admin/2008/34-57275.pdf

Is this company in business and present in their building everyday? There seems to be some very doubtful anticipation from some members of this forum.

can one actually BUY an Aerofoam product??
please keep us informed!

I would have to say so Crusher - but I will try a phone call sometime in the coming week.

Don't be sitting on the edge of your chair awaiting the results - you might slip off !! LOL !

Stay tuned.

Hey KGR


So what does all this mean???????

Is this company still around????

Still holding...

News -


http://www.aerofoammetals.com/Press%20release%20-%20February%201,%202008.htm

Good find!

So what is Aero-Defence? I see Paul C is the Pres. but how does that figure into Aerofoam I wonder. A subsidiary perhaps?

Still would like to see some attempt at a financial statement but that may be asking to much.

Would love to see this rebound. Could be some easy money if a person didnt get greedy.

GLTY

charging to two hundred ................

....clear...............zap........




----------------/\.../\.../\..../
What's this back from the edge ??!!

VOLUME 131, NO. 4 - HUNTSVILLE, ONTARIO - WEDNESDAY, JANUARY 23, 2008 $1.25 INCLUDES G.S.T.
NEWS:
http://www.huntsvilleforester.com/

Click on 'the news in pdf' and read the article on "PLANT SOLD " lower right side of the page.

Might explain today's volume.

Moving what was left over to ONMC - have a look folks. I'm sure you will be pleasantly surprised.

AFML - RIP

Well it looks like it is all over but the crying - cashed me out today ouch !

Volume like that and still no MM?
Somebody has agreed to buy those shares cheap and anyone with
a sell order or stop is getting taken up on their offer.

Someone must know something (or think they know something).

It wouldnt surprise me if it shot back up again and this person
will start selling off all their cheap shares before its takes its final crash.

Their phones must be ringing today!! Not a good day for afml...

Phones is a "good thing":)

OK - well at least the phones were up and running LOL

We haven't seen any evidence of anything else. Despite what I was told.

KGR,
"Up and Running??"
:)

Well I just got off the phone with Aerofoam and the person who answered the phone ( yes someone actually picked up ) stated that the company is still 'up and running'.

He wouldn't expand on that and suggested that I email their investor relations for further.

I will pass on any relevant info.

Agreed KGR,
If I bailed on any given day, or even sold 1K shares at a time, the pps wouldn't be worth the "trouble":)
I'll be hangin with you:)

Yesterday's volume and 'action' ( for the lack of a better word ) is followed by today's lack of both. What a surprise. Looking like the old 'sounds too good to be true ' is starting to be the case.

All these 'products' and no evidence of production let alone sales.

With the erratic trading , if you want to call it that, and the usual lack of volume , it would be real hard to bail and take my lumps and move on.

Guess I'll give them a little more time.

Hi Folks,
So what happened yesterday with the share volume and the pps "swing":))?? Do you think this stock will ever make it back to "real" trading??

:)

:)

Pump and Dump is being kind.
Told you so !
See message #281 so true...............

I'm just waiting to see how this plays itself out. Not much action on the stock since it started trading again, if you can call it trading:) I'll hang around to see what happens.
Still a "pump and dumper" IMHO but think they'll be more of that happening before this one is "over":)

So what's all that supposed to mean? More delays or is it good for afml?

Found this Blog on Aerofoam. Looks to be legit but as always,
do your own investigation. I have not checked SEC site for verification.


http://secteaparty.blogspot.com/2007/11/laminaiare-corp-tam-restaurants-inc.html

I agree with you KGR about the "smoke and mirrors". Until we see this pps take off again and up to over the .20 mark, I see this going no where. It's still your typical pump and dumper that I got hooked in to, But I will still hold my shares till the end:)

That's great - and where are they going to manufacture these stone/deck flooring systems. What about orders profit etc., again do I dare say smoke and mirrors ??!! And how goes the armoured car construction............

Kgr,
Here it is,

Aerofoam Metals Inc. Announces Advancements of its Stone Decking/Flooring systems
MISSISSAUGA, ON, Oct. 24 /CNW/ - AEROFOAM METALS INC. (OTC: AFML), (www.aerofoammetals.com) is pleased to announce advancements of its new Stone Decking/Flooring system

Throughout extensive testing Aerometal(TM) Stone Decking/Flooring System rated far superior in durability and cost to other materials currently available in the marketplace. Aerofoam's unique energy absorbing properties proved to be the superior sub-floor for stone services. Manufacturing has begun and orders are being secured from customers in both the retail and commercial markets. The company plans to file patent applications immediately.

"The broad variety of product lines available will not only attract the commercial market but also the everyday "do-it-yourself" consumer at the retail level. Aerofoam's stone decking/flooring product is currently available commercially and will be available in the retail market shortly" said Paul Colacci, President and Head of Product Development for Aerofoam Metals Inc.

"A lot of work has been done over the last several months to develop and test this product, set up distribution networks, and working with key customers to secure orders" added Paul Colacci. "Everyone is excited about getting the Stone Decking/Flooring into the consumer's hands as quickly as possible, especially for the do-it-yourselfer. Feedback from experts in the commercial and consumer industry has been extremely positive. Due to the size of the marketplace, and the customer's eager interest, we expect substantial results both short and long term."

BC

Crusher

that site is not working - what was the main story

Found this.
Although not on AFML web site yet.

http://app.quotemedia.com/quotetools/popups/story.jsp

BC