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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)

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To: Theo who wrote (196)10/28/1997 6:58:00 PM
From: Theo   of 1574
 
Well folks, it's obvious that until "real" news hits the wires, we are going to be beating a lonely drum. Unfortunatley, the "other" thread's battle will not sway anyone's mind. It is not so much a battle based on the fundamentals of the company, but, of the merits of our decisions. A losing battle for both sides. In my opinion, ACCY is another penny stock- no different than EUTO, AVBC, or others. Until PROVEN to be profitable, ALL will languish at their respectable levels.

So, instead of defending our decisions to aquire ACCY, I think we should stick to discussing what we do know about the company and the reasons I/you bought into the company. The rest IMHO, will take care of itself.<G>

Having said that, I will now give you my take on it. HOGWASH!!
Offering the players the option of stock instead of cash is a great move. Especially if the player requests that option! If those shares come out of the "restricted" shares, who cares!? Those shares would eventually be sold anyway. If they are printed in addition to the float, again, who cares? No one in their right mind would accept that type of payment unless they felt strong enough that there was money to be made. What financial advisor would let his client(player) partake in that transaction if it wasn't deemed profitable? Remember, what's profitable for the player who takes the stock, is profitable for us as well. In either case, it frees up funds for the company that can be used to finance "other" ventures. I just don't see the problem. I guess other people look narrowly at just the idea that because there are other people owning the stock, it's going to be diluted, without considering the implications of a show of strength for ACCY on the part of the players.

Granted, the time is drawing close, and we do need some news as well as the company needing to get the advertising out. But, don't forget, this venture only started 3 months ago!!! How long has EUTO been implementing its current plan? How long has NAMX been touting the EMSOUNDER? Sheesh. To dismiss this company on what has transpired so far, is both naive and shortsighted. IMHO

getting of soapbox now....................................

Theo
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