ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Scott Mc who wrote (2526)	3/6/1998 10:48:00 PM
From: Goulds	Read Replies (1) of 7054

ACRT 8K Repost from Yahoo " Effective March 6, 1998 the Board of Directors of Actrade International Ltd.. announced that it would appoint a special committee in order to establish a new Executive Incentive Compensation Program which will be submitted to a vote of the Company's Shareholders for final approval. In light of this action, the Company's CEO has agreed with the Board to rescind the recent extension to his Employment Agreeement and to waive future entitlement to Incentive Compensation thereunder until the Board and Shareholders agree up on a company -wide Incentive compensation Program. In keeping with this decision, the ( ONE -MILLION WARRANTS ) issued January 1998 to Mr. Aharoni in consideration for the recent extension of his Employment agreement have been cancelled and are no further in effect" OH MY, WHAT COULD THIS MEAN???? Does this take the air out of the dilution arguement? Do the math again. Could there be more coming? I would refer people to Motlet Fool, Truth and Fiction, read it and see ahead. Why do you think the company has done this? On a whim? Nothing bettter to do? Watch the shorts rationalize this news as they scramble to cover on Monday. This is the first of many steps to benefit the shareholders at the direct expense of those short. It is time to watch the fur fly, but do your part as I've told people on the fool take your stock of margin and put it on cash , the agreement you signed with the firm you do business with allows them to lend the stock to be shorted, all you have to do is ask for the stock to be out on cash and they have to comply thereby reducing the pool of stock that can be shorted ( further explaination go to the fool ). This is the part of the show where it gets really interesting, you can be a participant or an observer, and for those of you who have been hurt remember revenge is a dish best served cold. and also when the stock starts going up, like it did in the last few minutes of today's trading.

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