I am here lurking as well..
I have been following this along the past 2 years or so,,made some money on the Ford news and luckily sold out back then...recently bought a new starter position at .0119 a few weeks back just incase the RS is the signal that real revs are coming and the massive dilution is coming to an end...This story keeps me following because in my experience most of the Scam otcbb stocks put up huge runs and almost immediatly fizzle out..(not the case here..),,and most come and go within 3-9 months..ACHI has been around a few years now..Also they look like a company that is actually putting this together a piece at a time..the sad part is , is that being public they are doing it at the current and past shareholders expense..but obviously start ups become public for that very reason..access to capital...Also after the addition of KSI they still weren't claiming rediculous rev numbers,,just a modest 600,000$..just seems like a real company getting its feet wet..I also have seen the outside of both the building in Plymouth Mi, and the KSI building in Clinton Township,,..I really hope they decide to have a real shareholders meeting at some point I would certainly attend..I would like to setup some sort of tour of the facilities with the company..I have an Engineer friend that I work with now that said he would be willing to tag along if permitted to ask the Good questions that I wouldn't know to ask..I currently work in a fastner shop.. It also looks good in that the proposed RS isn't something off the wall ,,but just 7-1..and as far them keeping the Authorized high..I'm hoping further dilution is cut to about 1/4 of what it is now since they do have some rev coming in now from KSI,,and that they are just keeping these shares authorized to aid them with acquisitions down the road..Not trying to pump in the least..but I couldn't imagine what this stock will do if they go thru with the RS..then announce just one or two contracts shortly after for the LACC process...I believe they say there are currentl 21 products in different stages of the process..in an interview a few weeks prior there were 19 products..so again showing a realistic and subtle increase,,so subtle most probably didn't even realize they increased that number..In my shop we don't just make a product and try to sell it..Companys looking for a part they need supply us with part dimensions..ask us if we can make it,,and how much it would cost for us to produce it...I would imagine something similar with ACHI so that leads me to believe the 21 parts are from actual potential customers that are trying to find the lowest cost producer for parts they will be needing in the near future..and with Rossmann on board that also gives alot of credibility to ACHI..Two of my latest concerns with ACHI is 1. does this process work as well as they say..and 2. is all of this business with KSI and LACC a smokescreen to keep people following along just long enough for the big wigs to pad their pockets by selling shares while they are in control at KSI before they just sell it off and retire...I know some of this might be a little off the wall sounding..but in following these penny stocks I have witnessed some things that are just unreal..I try to look at every possible angle where I might be taken out of my money..Of course with any money we invest anywhere its a gamble..I just try to limit that risk as much as I possibly can..
Good Luck to everyone involved
Emjay |
