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Technology Stocks : ACII - AmeriChip International, Inc
ACII 25.34+0.6%Nov 10 2:43 PM EST

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From: xcentral18/14/2008 1:59:01 PM
   of 2396
 
It would be very nice if some kind of statement was made about this on the website as inferred!!!

They've had a month to clarify

AmeriChip International, Inc. (OTCBB: ACII) closed at $0.009 Thursday, trading 1,145,971 shares.

Company News- July 18, 2008: AmeriChip International, Inc. Clarifies Recent Unauthorized Press Releases

AmeriChip International, Inc. (OTCBB: ACII) announced earlier today in the past 17 days a number of releases have been distributed to the media or via the internet by Mr. Francis Gaskins of IPODeskTop.

None of the releases issued since July 1, 2008 have been sanctioned by the Company. The Company informed Mr. Gaskins, in writing, on July 1, 2008 that he had no such authority to disseminate information pertaining to the Company without prior written board approval.

Mr. Gaskins violated this instruction on July 1, 2008, July 11, 2008 and July 17, 2008 as no written consent was given.

The Company is investigating the source of the unauthorized release of material non-public information. This information was inadvertently made public as a result of an unauthorized email to an AmeriChip shareholder from Mr. Gaskins.

Mr. Gaskins knew or ought to have known that the release of the material non-public information is in direct violation of United States securities laws.

The Company has confirmed that the "release" of July 17, 2008 was not disseminated via PrimeNewswire as suggested.

About AmeriChip International, Inc.

Headquartered in Clinton Township, MI, USA, AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, which can be used to re-engineer the manufacturing process for industrial metal machining applications.
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