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Technology Stocks : ACII - AmeriChip International, Inc
ACII 25.19-0.2%Nov 7 9:30 AM EST
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To: rrufff who wrote (2287)10/31/2008 12:42:35 PM
From: BarclayDonaldson2 Recommendations   of 2396
 
rruff: Looks like LACC is still in the picture.

I too questioned whether they were headed in a different direction when I read the 8K. Today's PR shows it's still in the mix. I think there are too many unknowns here, the last 10Q shows these guys still like to issue massive amounts of shares - NOT GOOD! This issue is something that REALLY needs to be addressed by the new BoD if they are going to build investor confidence, IMO.

Glad to see Kotsonis is back, giving up 50% of KSI for reducing debt $2.6M is a good move. Based on eye witness reports posted here, KSI looked like it was all but dead. Kotsonis should hopefully be able to repair the damage inflicted by Walther & Company.

Mann is still on the BoD, which isn't very exciting given his ties back to Walther. Will have to see if a) they complete OrbitForm acquisition, b) what influence the three OrbitForm additions to the BoD have and c) will OrbitForm make LACC a commercially viable process. Will also have to see what the share structure looks like if the acquisition goes through. Is another R/S in the cards?

I suspect there will be some trading opportunities as news unfolds ... still EXTREMELY HIGH RISK to go LONG here, IMO.
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