TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Buckey who wrote (119412)	9/13/2003 6:14:12 AM
From: ChrisJP	Read Replies (2) of 150070

Hey Buckey -- AACS does this: American Commerce Solutions Inc. (ACSI) is a multi-industry holding company for its operating subsidiaries. ACSI had one wholly owned subsidiary operating in the manufacturing segment, International Machine and Welding, Inc., which provides specialized machining services for heavy industry. Target customers in the region include mining, agriculture processing, maritime, power generation and industrial machinery companies. Additional operations include heavy equipment service to the construction, forestry, waste and scrap industries. The operation provides complete service of the equipment, which includes rebuilding undercarriages, engines, transmissions, final drives and hydraulics. International Machine and Welding, Inc. also sells original equipment manufacturer (OEM) and after-market repair parts for heavy equipment. finance.yahoo.com They have a book value of about $2.6M which I'm guessing they have way more than the number of shares on record, but even after yesterday, they are still trading around book value. They also have $3M in long term debt and only appear to have about $450K in revenues per quarter. The acquisition they are planning will make that higher by $300K per quarter. Are they turning around ? Will the acquisition increase their book value ? Have the 40M+ shares listed in their July S-8s already hit the market ? I dunno. biz.yahoo.com Here is the web site of the company they are buying: chariot-trailer.com chariot-trailer.com Chris

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