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

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To: Theo who wrote (460)11/10/1997 2:48:00 PM
From: Rich Lytle  Read Replies (1) of 1574
 
Just a point of clarification. It appears to me that the release does not indicate that ACCY will be receiving $100,000 in cash from Raven (or MONY)for this tournament. It appears to me that they have tried to place a monetary value on all of the items being donated by the course. These include the golf & site fees and the use of the facilities (including clubhouse, parking areas, practice areas, etc).

I assume that the fair (retail) value of these items is believed to be in excess of $100,000; thus the wording of the press release.

I am not trying to put any kind of a damper on the announcement as I know you either have to have these "in kind" donations or pay for them out of the tournament budget. Hope the ride up is a relatively slow but steady one. It isn't often the little guys (and gals) get a chance to get on the elevator on the ground floor - as has been stated earlier.
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