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Microcap & Penny Stocks : AQCI where do you think it will go

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To: playsmall who wrote (9)3/19/1999 12:53:00 PM
From: playsmall  Read Replies (1) of 1579
 
To all AQCI's post from Raging Bull.

By: dcrew_99
Reply To: None Friday, 19 Mar 1999 at 12:16 PM EST
Post # of 5


*NEW INFO* From phone conversation with President (Ackles)

I just got off the phone with Mr. Ackles, President of Aquatic Cellulose Intl Corp, and he shared quite a bit of exciting news with me regarding what AQCI has in the works.

1.) They currently "have money in the bank" and own over a half a million in assets.

2.) They have 8 "solid permits" within the U.S. and Canada for harvesting projects, specifically mentioned were projects in Wash State and Oregon.

3.) A very exciting 2nd project in Brazil looks to be in the works.. that one is not finalized, but AQCI is close to a deal with the govt. in Brazil and the World Bank is involved in the funding from what I can gather... details were sketchy on that one.

4.) NEWS IS on the way via press releases... I was told perhaps as many as 3 within the next month alone.

5.) AQCI has gotten its own domain and will be setting up a new website with details, press releases and much more information about the company... expect the first release to be about the new website.

6.) When I asked about if and how people are currently harvesting underwater trees down in Brazil, he stated that most of the retrieval done today by other organizations down there involves individual divers... a much slower process.. than the 60 or so trees a day Ackles has estimated for his current projects... (that could increase of course as the company expands and brings in new equipment and people.. which would be a natural result of successful expansion) ... The last project worked on pulled in better than $8,000 a day... which was a small project in comparison to the harvesting projects ahead...

7.) Gary Ackles came across as a very sincere and motivated, as well as bright person... he really took the time to explain things in detail about AQCI's exciting future plans... I encourage others to give him a ring.. he's more than willing to discuss the things I've just mentioned.

Guess that's it for now... (by the way.. I'm not a promoter... nor have I received anything for posting my views... these comments are just that.. my views on what I've just learned)...

Do your own DD ... but I personally feel this company is a wonderful investment at these prices... since people seem to just be waiting for news.. which I now know is on the way.

Cheers,
DCrew_99

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