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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (16954)	8/22/2002 7:49:42 PM
From: Mr. Pink	Read Replies (3) \| Respond to of 18998

On a happier note Mr. P$nk declares victory over ACRT (CR)Actrade Announces Resignation of Founder and Chairman 2002-08-22 18:39 (New York) PR Newswire - First Call Wire (Actrade Financial Techno Actrade Announces Resignation of Founder and Chairman Actrade Expects to Delay the Filing of Its Form 10K for the Year Ended June 30, 2002 NEW YORK, Aug. 22 /PRNewswire-FirstCall/ -- Actrade Financial Technologies, Ltd. (Nasdaq: ACRT), a provider of financing, payment and processing solutions, today announced that Amos Aharoni, Actrade's founder, Chairman of the Board and former Chief Executive Officer, has resigned from all director and officer positions he holds with Actrade and its subsidiaries. Actrade also stated that Mr. Aharoni had declined to cooperate fully with the previously announced evaluation by its Audit Committee of anonymous allegations received by the Board that primarily related to possible irregularities and other alleged improprieties in the Company's IMT business formerly conducted by its Actrade Resources subsidiary. Actrade also announced that it expected to delay the filing of its Form 10K for the year ended June 30, 2002 in order to accommodate the Audit Committee's ongoing evaluation. At this time, it is not feasible to determine when the Audit Committee's evaluation will be completed and, accordingly, Actrade is not in a position to provide any further guidance as to when its Form 10K will be filed. Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is contained in the Company's SEC filings. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Actrade Financial Technologies, Ltd. -0- 08/22/2002 /CONTACT: Melissa Payne-Smith, Investor Relations Manager of Actrade Financial Technologies, Ltd., +1-732-868-3100, ext. 211, Investor_relations@actrade.com/ /Web site: actrade.com (ACRT) First Call Corporation, a Thomson Financial company. -0- Aug/22/2002 22:39 GMT

To: Mr. Pink who wrote (16954)	8/23/2002 12:36:03 AM
From: dacoola	Respond to of 18998

Thou is one honest mutha.

To: Mr. Pink who wrote (16954)	8/23/2002 6:35:06 PM
From: stockskeptic	Read Replies (1) \| Respond to of 18998

You covered EP? Mr. Pink has an excellent record, but skeptic is taking some big losses here.

To: Mr. Pink who wrote (16954)	8/23/2002 6:58:52 PM
From: stockskeptic	Read Replies (3) \| Respond to of 18998

Hmmmmmm. If Pink is really saying this one is no longer a short, skeptic would very much like to be in a position to evaluate it for himself. Skeptic can't help but notice that EP short interest is rising, and analysts are downgrading it, which suggest that Pink, while prudent to limit His losses, may have been right the first time around. At any rate, it appears that skeptic is no longer in a position to take this one on faith. Would Pink be so kind as to reveal His sources? Is it all in the SEC filings if one spends enough time going through them, or is more required? p.s. Pink's honesty is appreciated. Skeptic wishes all the world were so.