wso: You were probably the last optimist here....
It's a shame the likes of Walther/Windsor & Company can do what they do to the honest investors who support start-up companies. Unfortunately, there are many more like them.
I wanted to believe at first, and did support Marc and Ed, and even believed Rhonda for a while. But then, as most of what I was told never came to fruition, I took the opportunity when it presented itself to sell most of my holdings (thanks to jmhollen's pumping in '05 and '06). ACHI/ACII turned into a "trading only" stock at that point for me. I do still hold a small position at a loss here, but I have not been devastated like kezman, rhosha, you and others have. After the R/S, it looked like there was a slim chance for the dilution to stop when KSI started bringing in the revenue and they approached cash-flow positive, but the mis-management by Walther and then the game of musical chairs at the top pretty much squashed it. Now massive dilution has again set in and KSI looks headed down the toilet. It doesn't look like a significant LACC contract will be signed any time soon. And now we could have a new batch of liars running the show if Mann's PR's about Eaton and other contracts prove to be false. Rumor over on RB has it that he wasn't even supposed to announce it .. yet he did. Looks like the same old "issue a positive PR to sell shares" play. Mann sure did a p i s s poor job with another penny stock he was involved with and is doing the same here by putting out PRs he's not supposed to ... last thing ACII needs is yet ANOTHER guy with a dismal track record running the show. Unfortunately, that's what it's got.
Looks like the only hope now is for the courts to step in and clean out the riff raff. Who knows if, and how long, that will take.
P.S. Don't let the self-righteous, psychotic message board posters get to you. ;) |
