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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: Sasquach who wrote (4624)3/30/1998 4:11:00 PM
From: Mr. Pink  Read Replies (1) of 7054
 
You should read the literature. Start with the ACRT going to zero thread and keep these points in mind. Don't forget that when you invest in ACRT you invest with criminal Amos Aharoni, fugitive from Israel who fled via camelian transport in the middle of the night.

MP

Started By: +Mr. Pink
Date: Feb 3 1998 6:50PM EST

NEGATIVES

**Company is run by criminal Amos Ahoroni. A fugitive from Israel and a scoundel who left
his debts behind in Israel.

read all about it

www3.haaretz.co.il.

**OUTRAGEOUSLY OVERVALUED. Company is overvalued with market cap at 18 of
$145MM and book of only $18 Million.

**Company derives most of it revenues from distributing air conditioning devices overseas.

**Revenues overstated due to booking TAD sales, essentially receivables financings, by
grossing up revenues to reflect total amount of financing instead of booking interest income
and fees as revenues. (see CAPF, a legitimate public factoring business for legitimate
accounting practices.)

**Meager earnings from TAD business.

**Accounting firm is bucket shop in New Jersey, not a legitimate big 6 firm.

**3 cfo's have left over last couple of years.

**financing drying up. Summit line cancelled. BVI line is totally bogus. company doesn't
exist. Sleazy reg D or S deals no longer an option due to exposure of criminality.

**TAD "patent" not enforceable. 10Q reads like puff piece. full of hype.

POSITIVE

**Excellent vehicle to minimize capital gains taxes in 1998.
_____________________________________________________________________
ABANDON HOPE ALL YE THAT ENTER HERE.
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