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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%4:00 PM EST

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To: Jonathan Cleveland who wrote (90)12/17/1996 5:00:00 PM
From: Mitch Menik   of 7054
 
Jonathan,
Management is doing an excellant job managing expenses! That is the whole point. Expenses are kept in tight control. The only significant increase in expenses, aside from the design and printing of brochures around here, are from hiring new Account Executives, their computers and a little fresh paint here and there. I agree with you about their not being much benefit from any mass advertising program at this stage in our growth. Account Executives and their small support team in conjunction with networking seems to be the magic formula at this stage.
Incidently, John Viberg, Actrade Capital's Regional Division Manager for the Mid-Western U.S. is visiting with us this week. I will have a chance to speak directly with him at some point and will convey to you my impression or prognosis of future or pending revenues from that region. I expect to see some progress, soon!
Mitch Menik
Investor Relations
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