i think this stock has the potential to move up or down $5 or more in minutes. It remains illiquid. If, if they can get their act together, its should be a good 2015
My experience is that when someone reacts when you ask a logical question with "its non of your business or you're stupid for asking the question" - they are hiding something. Thus I expect a "you've got to be kidding" to come out in the near term and before the accounting issue is behind us. I like the business of refined coal and think it will make a lot of money, but my current feeling is management should go.
Feels like she'll move back above $1 in the near term. Market Cap seems like it should be than $100 million.
Hoping to hear the company add a plant or two into operation by year end 2014 (looking for update). . Key to share price will be selling the plants. Need to see 2 or more plants sold in the near term. If the can do it, we're going to see cash start to build quickly.
My complaint is and has been, I want a timeline for getting the financial statements. they have to have one. Its crazy to call IR and be told "you'll know when we release them". Not the exact words, but that's the jest of what I was told In short, I want the dunce in IR fired.
I expect the financials will show CCS is generating cash which is plowed back in to operations (to get other plants ready to sell). For the rest of the company, I expect we'll see management over head is huge and out of line compared equipment sales.
Like that fact that big investors like Blackrock and our board member from Coliseum Capital are loading up. I believe the two of them now own ~ 25% (+ or -). Not fair that small investors without access to management sit in the dark.
Prior filing by Blackrock was in Oct and said they owed ~ 2.1 million shares. They added over 800K shares since Oct.
Its a black hole - it really is - This said, i continue to think the RC business will be worth $30 to $40/share (its not that complicated), so the rest of the company comes for nothing. Still think we'll get another bomb dropped on us before its over.
Hard to imagine what a CFO, a Chief accounting officer and a head of IR do all day? At this point, way over staffed with people that likely do nothing.
Until the accounting issue is resolved, they should hold back or escrow all bonus and severance money. Just good business.
Was referring to ADA's COO, not ACI. Still think its wrong to pay people like Jean money as they are forced to leave until the accounting issue is resolved. As COO, Jean must have been in part responsible for the lack of controls that are at the root of the accounting problem.
On September 19, 2014, Advanced Emissions Solutions, Inc. (“ADES” or the “Company”) announced the retirement of C. Jean Bustard as Chief Operating Officer effective at the end of this year, December 31, 2014 (“Retirement Date”). Ms. Bustard has entered into an amended employment agreement with the Company, along with our wholly owned subsidiary, ADA-ES, Inc. (“ADA”), which contains the terms of her retirement and pursuant to which she has resigned various positions at the Company’s wholly owned subsidiaries. She will continue as Chief Operating Officer of the Company through December 31, 2014. Her salary and eligibility for 2014 STI bonus compensation through December 31, 2014 remains unchanged. Upon Ms. Bustard’s Retirement Date, and following receipt by the Company of a standard form of release of claims from Ms. Bustard, we will continue to pay Ms. Bustard, as consideration for such release, her salary payable for two years on the Company’s established payroll dates, and a single lump sum for costs of obtaining medical, dental and vision coverage for 18 months, paid on the first payroll date after the Retirement Date. Any unvested equity awards will accelerate and become fully vested as of the Retirement Date.
Wonder if they have or will replace COO?
Anyone short is going to get cooked. With the hedges, company seems to be fine to wait out the down turn in prices. Expect we'll trend up from here. Didn't get any shares at $1 (my target), but did buy some shares.