Info on AUTC for new and potential investors!!
Please note that ANWK was the previous ticker for AutoTradeCenter.com. They recently changed their name and received a new ticker, AUTC, however due to new OTCBB regulations they were changed to AUTCE and now are in the process of being relisted under the original AUTC. See recent S-1/A filings with the SEC for alot of in depth info about autotradecenter.com.
Raging bull has a much more active message board for AUTC, however have to enter AUTCE for the board to come up. Go to ragingbull.com
Here are links of research firms covering AUTC
National Captial companies (analyst report in pdf format) -- autotradecenter.com
Jolly Rodgers -- jstocks.com
Wallstreet West Communications -- wallstreetwest.com
Investrend.com --- investrend.com
Description of AUTC taken from their website, autotradecenter.com
AutoTradeCenter.com Inc., (OTCBB: AUTC), is an automotive wholesale company that sells late-model used cars over the Internet and through a network of more than 900 dealers. We acquire late model trade-in vehicles from new car dealers and resell the vehicles to other dealers in multiple geographic regions.
In February 1999, we opened the www.autotradecenter.com Web site, a forum where dealers, lenders, fleet, rental and leasing companies market used and off-lease vehicles to other members prior to those vehicles being transported to auction.
Our members avoid the time constraints and expenses associated with traditional auctions by purchasing their inventory from our exclusive database. In addition to posting their inventory, members can participate in online auctions and post inventory they would like to acquire on our Wish List, a database members can search on demand.
In addition to our wholesale operations, AutoTradeCenter.com provides dealer financing programs through an affiliate, Pinnacle Dealer Services. Our services provide dealers and manufacturers a time-efficient and cost-effective used vehicle redistribution system as an alternative to the traditional auto auctions.
AutoTradeCenter.com currently has seven locations and is planning to expand to 14 locations by December 2000 by acquiring and consolidating independent wholesalers in geographically diverse, large urban areas.
Through geographic expansion, the Company will have greater access to a large and growing volume of high-quality, late model and luxury automobiles. This will enable us to capture seasonal and geographic pricing disparities and service national off-lease programs for manufacturers and finance companies.
Hope this helps.
EZ |
