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Technology Stocks : ACII - AmeriChip International, Inc

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To: boundtb who wrote (1607)4/24/2008 11:32:34 AM
From: gitshigumi  Read Replies (3) of 2396
 
I am encouraged by the news as you are, so please don't take this the wrong way, but I don't read this as confirming LACC orders. I believe it confirms LACC quotes from GM.

The way the orders part is worded suggests to me that it is KSI work, but perhaps this is just my read. "...increase in production orders from General Motors from whom the Company has received orders [KSI] AND REQUESTS for quotes for our LACC..."

Also, I do not think there is a line of credit for accounts receivable from LACC, which I believe is Americhip. It specifically says the line of credit is from KSI.

I welcome any opposing opinions as I want my investment to do well.

Back under the rock for a while - Leyland
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