AEMETIS INC (PINK:AMTX) is on the progressive move these days. The climb started on Jan 31 and continued yesterday, when AMTX_chart.pngthe stock price rose up 6.33%. Along with the price jump, traded volume of AMTX increased significantly.

However, while the stock moves up, the reason for the gain remains unknown. Aemetis has not released any news on its business recently, thus no one has a clue about its current operations.

On Jan 12, Aemetis Advanced Fuels Keyes, Inc, a subsidiary of Aemetis, Inc., entered into Note and Warrant Purchase Agreements with two accredited investors pursuant to which AAFK sold 5% Subordinated Promissory Notes in the aggregate principal amount of $3,000,000 and 5-year warrants exercisable for 1,000,000 shares of Aemetis common stock.

A week after the agreement news came up, AMTX filed its financial results. However, these were for the three months ended September 30, 2010. Unfortunately, the 10-Q was not encouraging at all.

According to it, the company’s revenues have decreased, while the liabilities rose up. At the same time, the stockholders’ deficit also increased, and the net income remained a negative value.[BANNER]

AMTX_logo.pngBeing filed, the financial report did not influence AMTX stock price. Nevertheless, since then there’s been intensive movement with the company’s shares of common stock. During the past months, certain members of AMTX stuff have acquired different amounts of the company’s shares on a different price per share. Though, no particular explanation on the issue was found.

Aemetis is an industrial biotechnology company producing renewable chemicals and advanced fuels using patented microbes and processes. Presently, the company’s stock is moving up, however, the lack of information on its activities raises many questions.