AimRite Holdings Corperation: AIMH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH

AIMH 0.0305

0.0%

Nov 21 9:39 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PekingYen who wrote (204)	9/17/1998 1:05:00 PM
From: David Wiggins	Read Replies (2) of 662

AimRite Holdings Receives Capital for Production SAN DIEGO--(BUSINESS WIRE)--Sept. 17, 1998--AimRite Holdings Corporation (Nasdaq/BB:AIMH - news) is pleased to announce that it has received initial funds that enable it to move toward production. The larger remaining capital commitments have been reconfirmed to be in place between 45 and 60 days. According to Dr. Ken Coleman, president of AimRite, ''It is our best estimate that AimRite's stock is considerably undervalued and represents an excellent short- and long-term investment.'' The current price of AimRite stock in no way reflects the potential value of the company. AimRite is aware that short selling of a stock can cause depression in the market price. Many times short selling and negative comments about a company are used by ''professional short sellers'' to make money at the expense of investors. These types of short sellers do not follow proper SEC rules in the market place and can be destructive to both the company and investors. Therefore, the company recommends anyone holding or purchasing AimRite shares should take possession of their stock to help reduce the wrongful short sellers. AimRite's first year sales forecast was projected following meetings with customers that have targeted specific vehicles for the COAST(TM) computer controlled suspension system. This forecast includes the OEM and after-market. Based upon these customer requirements and AimRite's after-market projections, the company expects to achieve $35 million in sales during its first year of full production. The COAST (Computer Optimized Adaptive Suspension Technology) suspension system uses Variable Constant Force(TM) to dramatically improve vehicle safety, stability, ride comfort and performance for virtually all automotive applications.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next