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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: Jonathan Cleveland who wrote (5911)6/9/1998 6:00:00 PM
From: Joe Hoek  Read Replies (3) of 7054
 
ACRT is near it's 3 month low, and not too too far from it's 52 week low. The last news was the International Finance Division on 05/26/98

biz.yahoo.com

"The new division will be funded directly by Actrade S.A. who will infuse up to $5 million to initiate these new financing services."

"Management does not expect this division to contribute significantly to Company revenues until fiscal 1999. The Auditors appointed for Actrade Forfaiting Inc. are Deloitte & Touche, Nassau, Bahamas."

Funny how there was very little discussion about all this on the thread (except Doug R calling me a fool -
Message 4599772 ) - closing price $15 on 05/26/98 - now 12 1/4 - down 18.33%

Since the SI Admin dude wants us to talk about ACRT:

What revenue will be generated from the new division, what will the costs be, how will it impact the bottom line? In the short term how will the costs of the new division impact the bottom line?

Does anyone care? Or should we go back to attacking ACRT and each other? Anyone?

Joe Ho‰k
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