Dave54... After a little further review I see this company has done the dilution S8, SB-2 ,REGDEX monkey dance 14 times in just 36 months. They filed 10 S8's, 3 SB-2's and one Regdex.
[ACHI] appears to be a quarterly ATM machine for the insiders?
Notice how with each one how the PPS slowly goes down and the amount of shares registered goes up. If they continue to issue S8's through 2007 my PPS prediction for one year for now will be sub penny!
pinksheets.com
SOUTHBORROUGH VENTURES INC 000113248 S-8 10/22/2003
Totals 8,000,000 $ 0.1925 $ 1,540,000 $ 141.68
SOUTHBORROUGH VENTURES INC 0001132487 S-8 10/22/2003
Totals 12,000,000 $ 0.12 $ 1,440,000 $ 132.48
AMERICHIP INTERNATIONAL INC 0001132487 S-8 5/26/2004
Common stock, $0.001 par value 8,000,000 (1) $0.055(2) $440,000 $55.75
AMERICHIP INTERNATIONAL INC 0001132487 SB-2 7/6/2004
Common stock, par value $0.001 per share
81,119,403 Shares $0.072 $5,840,597
AMERICHIP INTERNATIONAL INC 0001132487 SB-2 9/28/2004
Common stock, par value $0.001 per share 39,274,785 Shares $0.0415 $1,629,903
AMERICHIP INTERNATIONAL INC 0001132487 SB-2/A 3/24/2005
14,274,785 SHARES OF COMMON STOCK
AMERICHIP INTERNATIONAL INC 0001132487 S-8 6/30/2005
Common Stock, $0.001 par 18,000,000(1) $0.026 $468,000
AMERICHIP INTERNATIONAL INC 0001132487 S-8 8/4/2005
Common Stock, $0.001 par value 20,000,000 $0.07
$1,400,000
AMERICHIP INTERNATIONAL INC 0001132487 S-8 9/19/2005
Common Stock, $0.001 par value 22,000,000 $0.07 (2)
$1,540,000
AMERICHIP INTERNATIONAL INC 0001132487 S-8 12/15/2005
Common Stock, $0.001 par value 35,000,000 $0.037
$1,295,000
AMERICHIP INTERNATIONAL INC 0001132487 REGDEX 3/6/2006
AMERICHIP INTERNATIONAL INC 0001132487 S-8 3/29/2006
Common Stock, $0.001 par value 45,000,000 (1) $0.04 (2)
$1,800,000
AMERICHIP INTERNATIONAL INC 0001132487 S-8 7/26/2006
Common Stock, $0.001 par value 40,000,000 $ 0.06
$ 2,400,000
AMERICHIP INTERNATIONAL INC 0001132487 S-8 11/21/2006
Common Stock, $0.001 par value 30,000,000 $0.245
$735,000 |
