American Communication Enterprises Announces Forward Stock Split
ACEN = GETTING PLENTY OF EXPOSURE NOW...WEEEEEEEEEEEEEEE!
By: Staff
Penny Stock Gold Rush, Inc.
10/19/00
American Communications Enterprises (OTCBB: ACEN: .35) announced this morning
that it is doing a 4 for 1 forward stock split with a record date of Tuesday,
October 30, 2000. According to the Company, all owners of ACEN stock at the
close of the market on October 30, 2000 will be entitled to the additional
shares from the forward split. "The forward split is an important step in
the Company's business model that ideally positions the Company with its pending
mergers and acquisitions," stated Carl Smith. "Our decision to forward split
the Company's stock is intended to increase the value and liquidity within
the Company's securities to the benefit of our investors and shareholders,"
added Smith.
ACEN is in the process of creating strategic relationships and acquiring complimentary
operating companies within the global communications industry that have proven
management and state-of-the-art technologies.
Forward stock splits have historically caused phenomenal moves in stock prices.
At 11 AM EST, ACEN was up .09 at .35.
___________________________________
PLEASE READ OUR IMPORTANT DISCLOSURE INFORMATION
Penny Stock Gold Rush, Inc. attempts to fully comply with all rules and regulations
as required by the United States Securities and Exchange Commissions. We strongly
urge the users of any securities data on the Internet to visit the SEC home
page at: WWW.SEC.GOV/invkhome.htm
DISCLAIMER/DISCLOSURE STATEMENT AND USER AGREEMENT:
USER HEREBY AGREES TO AND ACKNOWLEDGES THE FOLLOWING:
Penny Stock Gold Rush, Inc. may also be referred to throughout as "PSGR". The
contents of this website, advertorial profile and research report, and/or e-mail
transmission (hereinafter collectively referred to as "Data") are provided
to our subscribers and the general public ("Users"), for informational purposes
only, should not be construed as investment advice, and are subject to change
without notice. This Data should not be construed as independent research,
as portions of it is paid advertising or securities in which PSGR has purchased
shares in, or both. (See below for specific compensation information). PSGR
acts as an Investor Relations firm for public companies and distributes information
via its website, Penny Stock Gold Rush Report, its e-mail newsletter, and its
"Stock Alerts", "News Alerts", " "Updates" and the like. PSGR also purchases
additional securites in those stocks that it receives compensation from and
purchases shares in stocks that it hasn't received compensation from, but is
transmitting Data regarding. This creates an inherent conflict of interest
and therefore must be disclosed.
All statements and expressions are the opinion of PSGR and/or its affiliates,
or the original authors of certain articles or Data, and are not an offer or
solicitation to buy or sell the securities mentioned. PSGR IS NOT A BROKER/DEALER
OR LICENSED/REGISTERED INVESTMENT ADVISOR. Investors should assure themselves
that purchases and sales are in compliance with all Federal, State, and any
other applicable regulatory jurisdiction. Use of Data, profiles/research reports
may be subject to the applicable rules of certain self-regulatory organizations,
and securities mentioned which are traded over-the-counter may not be cleared
for sale in certain states.
PSGR in no way warrants or guarantees that any company featured will continue
to trade on the exchange that they currently trade-on. Some securities may
be subject to new SEC rules that will require them to be reporting or they
will no longer trade on the OTCBB, thereby they will be "delisted" and will
trade on the Pink Sheets. This could effect the value and liquidity of said
securities. Further, Users agree that PSGR in no way warrants the solvency,
financial condition, or investment advisability of any of the securities mentioned
in Data.
The opinions and information provided by Penny Stock Gold Rush, Inc. are derived
from independent market research, materials available to the general public,
information provided from the company profiled, other profiles written by Investor
Relations firms hired by the company profiled, and in some cases interviews
with management. All information contained in this data or profile/research
report is obtained from sources believed to be reliable and accurate. However,
errors and omissions are possible due to human and/or mechanical error. All
information is provided "as is" without warranty of any kind. PSGR and its
information providers make no representations as to the accuracy, completeness,
timeliness, merchantability or fitness for a particular purpose of the information
provided in this Data or profile/research report. Any sales and/or earnings
forecasts included are endorsed and provided by the company profiled or gathered
from other sources believed to be reliable.
All claims made by PSGR contributing authors, should be verified by the reader
before investing.
INVESTING IN SECURITIES IS HIGHLY SPECULATIVE AND CARRIES AN EXTREMELY HIGH
DEGREE OF RISK. INVESTING IN SMALL CAP STOCKS, AND STOCKS TRADED ON THE OTCBB
CAN BE MORE RISKY THAN INVESTING IN STOCKS ON OTHER EXCHANGES. INVESTORS SHOULD
CONSULT WITH THEIR ACCOUNTANTS, FINANCIAL PLANNERS AND BUSINESS ADVISORS BEFORE
INVESTING. IT IS POSSIBLE THAT AN INVESTOR'S ENTIRE INVESTMENT MAY BE LOST
DUE TO THE SPECULATIVE NATURE OF THE STOCKS MENTIONED IN THIS DATA.
COMPENSATION SECTION:
ACEN- PSGR has NOT received any compensation for coverage of ACEN. PSGR holds
no position in ACEN. However, the editor of PSGR at one time was with Wall
Street West. Wall Street West had a contract last year with ACEN in which
WSW was paid $35,000 cash. PSGR reserves the right to purchase shares of ACEN
at any time.
PSGR may, at its option, extend the duration of any of its Investor Relations
Work Agreements for an extended period of time.
In some instances, there may be certain links from search engines, etc. that
lead or direct viewers or users to expired (contracts for which PSGR coverage
and compensation have ended) PSGR articles, profiles, or Data that had previously
been released. Said Data may not have disclaimers attached to them, because
the Data is expired, and this current disclaimer may not contain the compensation
amount received, if any. User can assume that when the Data was current, PSGR
had the appropriate disclaimer attached to the Data. PSGR has attempted to
delete this "old" Data, however, there may be instances where the Data still
exists. Upon request, PSGR will provide full compensation details for any expired
profiles.
PSGR has previously purchased, or shall consider purchasing additional shares
of all other stocks featured in the Data, on the open market. PSGR may buy
and sell (trade) these stocks numerous times, including simultaneous with Data
Transmission. Each E-mail transmission of Data contains specific disclosure
regarding the number of shares purchased or compensated, or both. PSGR does
not guarantee that it will purchase shares in the issues featured, but reserves
the right to purchase shares, prior to, simultaneous with, or following transmission
of Data. USERS OF DATA SHOULD ASSUME AND ACKNOWLEDGE THAT PSGR WILL SELL AND
IS SELLING ITS STOCK RECEIVED AS COMPENSATION AND STOCK PURCHASED AT A DISCOUNT
AS WELL AS THAT STOCK PURCHASED ON THE OPEN MARKET. FURTHER PSGR WILL SELL
STOCK THAT HAS BEEN PURCHASED ON THE OPEN MARKET. USERS OF DATA SHOULD ASSUME
AND ACKNOWLEDGE THAT SAID BUYING AND SELLING SHALL OCCUR SIMULTANEOUS TO PENNY
STOCK GOLD RUSH, INC. DISSEMINATING AND TRANSMITTING THIS DATA. SAID SELLING
COULD CAUSE A DECLINE IN THE SECURITY PRICE.
Furthermore, PSGR, its principals, shareholders, affiliates, family, and other
associates shall be buying and/or selling stock prior to and/or simultaneous
to Data transmission or coverage of the issuer on the Web Site.
PSGR will pay, by means of free trading stock, restricted stock, or common
stock options/warrants to buy stock at a discount, to other entities and/or
affiliates as fees to provide services regarding company. Of course, PSGR has
no control or knowledge at to when said entities or affiliates will sell their
compensation stock. Said selling could cause a decline in the security price.
Readers of this data agree that in no event shall PSGR or its affiliates be
liable to anyone for decisions made or action taken in reliance on the information
contained in this profile/research report, on this web-site, in the weekly
newsletter, or Data, or for direct, indirect, or incidental damages resulting
from the use on content or services provided by PSGR.
SAFE HARBOR DISCLAIMER-Certain statements contained herein (within the DATA)
constitute forward-looking statements within the meaning of Section 27A. of
the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements
include, without limitation, statements regarding business and financing, business
trends, future operating revenues and expenses. Although the Company (profiled)
believes that the statements are reasonable, it can give no assurances that
such expectations will prove to be correct. Investors are cautioned that any
forward-looking statements made by the Company (profiled), or contained in
this Data, profile/research report, contain no guarantee of future performance,
and that the actual result may differ materially from those set forth in the
forward-looking statements. Difference in results can be caused by various
factors including, but not limited to, the (profiled) Company's ability to
be able to successfully complete planned funding agreements, to successfully
market its products in competitive industries or to effectively implement its
business plan or strategies.
-------------------- |
