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Technology Stocks : ACII - AmeriChip International, Inc.
ACII 25.19-0.2%3:18 PM EST

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To: mjam2020 who wrote (4327)7/15/2007 6:10:59 PM
From: Don Hand  Read Replies (2) of 4616
 
I think everyone agrees that they have a plant that is running. It's not smoke and mirrors.
The $600,000 for one quarter, (without seeing the actual results yet), is a tough start to what they said in their 2/19/07 press release

"Mr. Walther the CEO stated that the sales for the fiscal year 2007 of KSI Machine & Engineering are projected to be $5.8 million with gross profit of $2.5 million. "

Perhaps they should have said how much KSI was producing in the prior 12 months on their own. And I welcome the figure from anyone else if I missed it.

Having said that ACHI has a real company, I don't know what
Americhip brings to the table on their own, except a great deal of overhead.

With a change in auditors. I'm expecting a NT-10Q to be filed on Monday.
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