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Technology Stocks : AmeriChip International, Inc. No Pumpers/Bashers -- Ignore unavailable to you. Want to Upgrade?


To: shortsinthesand who wrote (67)12/17/2006 10:58:34 AM
From: rrufff  Read Replies (1) | Respond to of 150
 
With respect to ACHI, you take a history, which is easy to find and which is factual, that shows dilution, and claim that it won't stop. Despite your protests to the contrary, you did state that they company had already issued the 30 million shares.

HERE ARE YOUR EXACT WORDS:

1) Here is what you said.

see [ACHI] recently issued some 30 million of S8 stock.


Message 23093994

You clearly stated, as a fact, that they issued the 30 million shares, and, when challenged, YOU COULD NOT BACK THAT UP. I'd ask anyone to read your post and come up with a contrary interpretation of your post. I have asked you over and over if you had evidence that they actually issued the stock. You have not provided it.

Again, I'm not disputing past dilution. I have over and over stated that this is the cause of the current low share price. The real issue for readers here is whether or not it will continue and whether the current share price presents an opportunity in the event that dilution stops.

I've been consistent in posting that I would not recommend a stock unless it acknowledges its capital structure trend and advises of its intent. A stock can be traded successfully, but to be a long term hold, I believe it has to be "shareholder friendly," and I often post about that.

You, merely criticize. You are not objective. You want others to take your statement that is wrong about 30 million shares ACTUALLY being issued, to be taken as opinion. Yet, you attack other posters for merely stating an opinion as to price.

This is hypocritical in my opinion.

You bearish opinion does not bother me. In fact, I often take poorly written bearish attacks as a positive. I'm specifically not recommending this stock at this point, so don't put words in my mouth. I wouldn't recommend it until it is clear that the dilution and selling of shares has stopped.

One thing to keep in mind, which you miss is that share sales often can enhance value if it used to further a sucessful business plan. You seem to miss this in an attempt to say that all share issuance is a "personal ATM."

Again, I am not defending the company and, just so you do not mis-state my comments, I would not recommend that anyone buy until the company clearly states what it is doing in the future with respect to its capital structure. If it is going to continue to issue shares, the company should specifically detail the purpose for the share issuance. Then prospective purchasers or sellers of shares could determine whether or not the shares are being sold, as you claim, for "personal ATM" purposes, or if they are part of a legitimate business plan that would lead to an overal increase in enterprise value.

I have no problems with bashers, professional or otherwise. I just would like them to state their cases convincingly and objectively. Statements such as "personal ATM" falls into the MGB category because we don't know the purpose of the share issuance. I believe that the company should provide this, again, so that you do not lie about my posts.

Finally, there is a difference AUTHORIZED SHARES and ISSUED & OUTSTANDING shares. An increase in A/S does not necessarily mean that all shares will be issued. Often times, it is required by terms of financing. We've discussed the Cornell financing which apparently was the source of much of the prior dilution. The company should clearly state the status and whether or not this financing continues to impact the capital structure.

Let's be precise and objective and not just throw around terms such as "personal ATM" in our attempts to bash a stock. IMO one line personal quips are just as bad whether they are bearish or bullish. "to the moon tomorrow" is the flip side of "total scam" "personal ATM" and the like.



To: shortsinthesand who wrote (67)12/17/2006 11:14:27 AM
From: rrufff  Read Replies (1) | Respond to of 150
 
You stated you weren't interested in my trading style yet you ask me goofy questions about whether I am a stock promoter or financial adviser in terms of getting paid specifically to render opinions. I am neither, although in real life I do advise when asked. Online I do give opinions. Online I do give advice freely and for free.

I would ask you the same thing. Are you paid to bash stocks, directly or indirectly. Do you trade in conjunction with others. Do others trade in association with you.

Yes, these are equally as goofy questions I have to admit. But, looking at your history, one sees virtually nothing other than generic type criticism and posts about other posters.

As you ask if I advise, here is some free advice. As I posted to you before, if you intend to be more successful in your bashing career, either as a professional or an amateur, you might want to think about being a bit more objective. Most, who read your posts, know, by looking at your history, that you merely criticize, often posting about other posters rather than the stock itself, and, in my opinion a violation of TOU of this website.

You further state that you don't give advice. Your posts are negative. In essence, you are saying your advice is to sell. I don't have a problem with that. Just don't try to weasel out by saying you are not giving advice. If you want to categorize others who post about a stock as giving positive advice, you, in fact, do the same thing by giving negative advice. Again, I have no problem with your doing the same. Just don't get on a high horse and claim that you are somehow superior because your history shows almost nothing but criticisms of others or generic bash.

I do believe that message boards have become infested over the past few years with professional bashers, who work for hedge funds and possibly MM's and who intend to mislead readers. These people clearly are giving advice. I have no problem with their posting. I just believe that they should be posting the truth about their associations.



To: shortsinthesand who wrote (67)12/17/2006 12:03:35 PM
From: im a survivor  Read Replies (2) | Respond to of 150
 
I think this is a NON FACTUAL an possibly illegal statement.

ACHI is not in the bnaking business and has nothing to do with ATM machines.

I think it is illegal for a poster to post continuous lies, claiming non factual things as fact, bash very negatively with deceptive information and then publicly post to people giving them the name of a company that will allow shorting of this stock and then actually admitting he will go short as he recruits others to go short.

IMO, these actions are illegal and can cause harm to the company and it's shareholders.

Please PROVE with FACTS that ACHI is an 'ATM machine'. Dilution is NOT proof of ANYTHING you claim and dilution is common in the micro arena and every micro stock is not in banking or atm machines. Calling ACHI an "ATM MACHINE" is not only wrong, but illegal as he staes this as a fact, yet in every filing, every PR, I do NOT see that ACHI is in the ATM business. I think making such a false and misleading statement while admitting you are trying to short while recruiting others to short and giving them the info as to what company they should contact to short this stock, is likely highly illegal.

IMO< in the best interest of SI, I think this posters posts should be removed and he should be banished due to such obvious and blatant repeated attempts to mislead and deceive for an agenda he has now admitted. BASH the stock with false information, while recruiting people and encouraging them to short, should not be allowed on SI and once again, I will check with the proper authorities to see if this public action is illegal. I know others are also doing the same and I highly suggest all members watch this persons actions very closely and if the false, misleading and possibly illegal posts continue, contact the admin of the site and the proper authorities, as many others are already doing.

<<Please lets stick to the issue of ACHI being a ATM machine...
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