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: Goulds who wrote (3197)	3/11/1998 2:18:00 PM
From: Dan Packer	Read Replies (2) of 7054

If ACRT is as good an investment as you suggest, a stock buyback by the company makes sense. However, a brief look at the balance sheet shows them to be undercapitallized as is. Will they actually buy shares? Will they be doing Reg S placements? I hope you will nail Mitch down on this. You have to give Pink credit for putting the kaibosh on the million share give-away, and causing the company to manipulate the stock price up with this bogus announcement. JUMP BALL: How can you expand a capital intensive business by contracting your capital base? Dan

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