AQCI, Equitymovers.com's Editor's Choice pick:
Equitymovers.com's Editor's Choice pick, published quarterly, is AQCI. The e-mail that was sent out is pasted below:
ÿEquityMovers.com Initiates coverage on and picks as the Editors Choice for the Quarter ÿstarting April 1st 2000 ÿAquatic Cellulose corp. OTCBB:AQCI ÿInitial recommendation: Strong Buy ÿCurrent Price: .83 ÿ52wk range:.03 to .969 ÿDaily Volume (3 month avg) 370K ÿDaily Volume (10-day avg) 647K ÿMarket Cap 30.3 million ÿShares Outstanding 36.6 million ÿActive Float 30 million ÿBook Value .01 ÿEPS -.03 ÿInsider Ownership 18% ÿShort term Target $1.50 to $2.00 ÿLong term Target $4.00 to $5.00
ÿAbout the Company
ÿAquatic Cellulose International Corp. is a growth stage, technology-based company, that is ÿretrieving what was once considered a lost natural resource. That resource is aquatic timber. ÿGary Ackles, President and CEO of Aquatic Cellulose International Corp., has developed and ÿpatented a unique robotic technology for cutting and retrieving this timer and has granted ÿexclusive rights to Aquatic Cellulose for use in underwater logging. This new ``diverless' ÿsystem, dramatically increases production capabilities to the point that large scale harvesting ÿoperations are now commercially viable. As a result, Aquatic Cellulose is positioned at the ÿextreme forefront of an emerging industry worth untold billions in untapped timber reserves. In ÿNovember of 1999, the company began its first such large scale operation beneath the ÿTucurui reservoir in Amazon region in northern Brazil. Estimated at over $US 600,000,000, ÿThis multi-phase project is expected to take up to twenty years to complete.
ÿIn February of 2000, ACIC debuted 'THE AMAZON LINE' at the annual National Association of ÿMusic Merchandisers (N.A.M.M.) Convention in Los Angeles. 'THE AMAZON LINE' is a unique ÿproduct line of exotic tropical hardwood which are being marketed to a wide range of high end ÿindustries from musical instruments to fine furniture to precious works of art. The company ÿhas secured the Internet domain name www.amazonline.com and is in the process of building ÿthis web site for e-commerce.
ÿAquatic Cellulose is proud of the fact that every tree recovered from these depths is, in ÿessence, one less that needs to be cut from the rain forest. With over 38,000 dams as ÿpotential sites for future operations, not to mention countless lakes, rivers and tributaries, ÿAquatic Cellulose is forging a new age of futuristic logging through superior technology and a ÿstrong commitment to preserving natural resources and lives.
ÿINVESTMENT SUMMARY:
ÿDue to the recent developments AQCI has gained the attention of investors. On the 29th the ÿstock hit a new 52 wk High. The potential market that AQCI is capturing is in the BILLIONS, ÿThe Amazon project alone is worth an estimated $600 million. During the past quarter, AQCI's ÿtechnology and know how have been tested under extreme conditions and proven successful. ÿThe achievements and successful implementation of robotic technology under Amazonian ÿconditions have demonstrated AQCI's unequivocal leadership in the application of this new ÿtechnology and has resulted in inquiries and numerous offers from many parts of the world. ÿAQCI is aggressively moving forward, on multiple fronts in the expansion of both its production ÿand sales capabilities. The company shall make announcements specific to advancements in ÿboth areas during the next days and weeks." Due to the latest company developments and the ÿcontracted market so far I feel that this stock is grossly undervalued". John Gernannt |