Amerilithium Corp. (OTC:AMEL) is one strange company. Having no recorded capital they managed to pay for stock promotion and buy a couple mineral claims. The CEO must be really persuasive to have pulled off a half a million deal with no cash in the bank.
What they paid for stock promotion were a mere $15 thousand – something a respectable business man can pull out of his own pocket, but we’re talking some real huge numbers here as well. Whatever they’ve done to raise cash was not on the records. Maybe the whole deal is just well planned promotion altogether?
The stock price is already running low on power. Care to guess if they’ll find some more cash for a re-charge?