Amelot Update Year End 2009
24 December 2009 - 6:28AM
Marketwired
Amelot Holdings, Inc. (PINKSHEETS: AMHD) provides an update of the
company's operations during the last six months and outlines the
program of the business development for first quarter of 2010.
Commenting on the last six months, President and CEO Fred
Guarnieri acknowledged, "It has been a tough six months, with many
speed bumps and detours along the way. They are now no longer an
obstacle, and in 2010 we hope to prove to you that nothing can hold
us back. Most of our time has been spent doing Company
housecleaning, taking the appropriate steps to build investor
confidence and interest and also setting the stage for future
revenue generating projects. All of our time can now be devoted to
these projects."
Guarnieri further stated, "My confidence in my ability to make
Amelot a big success is building daily, and I wish to announce at
this time I have purchased another 85 million shares of the
Company's common stock, bringing my total to 665,600,000, or
approximately 15 percent of the Company's Outstanding shares.
"We thank you for your support in Amelot, and the many kind
wishes we have been receiving. We hope you all have a great
holiday," concluded Mr. Guarnieri.
About Amelot Holdings, Inc. (PINKSHEETS: AMHD):
Amelot Holdings, Inc. (http://www.amelotholdings.com), a
publicly traded company, is a diversified holding company that has
identified Biodiesel as a multi-billion emerging Biofuel market.
Amelot plans to have a significant market share in growing low cost
feedstocks to supply the growing demand for biodiesel, to reduce
energy dependency of fossil fuels, to help reduce the U.S.
dependency on foreign oil supplies and reduce the impact of energy
on our environment.
Statements in this press release that are not historical facts
are forward-looking statements within the meaning of the Securities
Act of 1933, as amended. Those statements include statements
regarding the intent, belief or current expectations of the Company
and its management. Such statements reflect management's current
views, are based on certain assumptions and involve risks and
uncertainties. Actual results, events, or performance may differ
materially from the above forward-looking statements due to a
number of important factors, and will be dependent upon a variety
of factors, including, but not limited to, our ability to obtain
additional financing and access funds from our existing financing
arrangements that will allow us to continue our current and future
operations and whether demand for our products and services in
domestic and international markets will continue to expand. The
Company undertakes no obligation to publicly update these
forward-looking statements to reflect events or circumstances that
occur after the date hereof or to reflect any change in the
Company's expectations with regard to these forward-looking
statements or the occurrence of unanticipated events.
Contact: Amelot Holdings, Inc. 1(866)-669-8373
support@amelotholdings.com
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