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Microcap & Penny Stocks : AKIS - American Kiosk Corportion

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To: FlaGuy who wrote (56)7/16/1999 1:00:00 PM
From: Marc Stager   of 58
 
AKIS is now AKISE. Back to AKIS next week

The E means that it a soon-to-be pink sheet stock because the required filings were not in place. That caused the price of the stock to take a serious hit.

I dropped to 5/8 for a few days but now it's back to over $1.00

Why?

The E was a mistake. The SEC has been screwing up because they don't have enough people to handle new filings from OTC companies. AKIS filed on May 14, 1999 and the E will be coming off next week.

AKIS just signed a lucrative distribution deal with Pepsi Cola giving them the same wholesale pricing as a 100 restaurant chain, and AKIS will have two new locations opening in the very near future. There will be news about this in the coming days.

They also have a new IR rep coming on line in he next week or two, in particular, a powerful organization from NYC with a stellar track record.

_________________________________ Marc Stager
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