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Technology Stocks : ACII - AmeriChip International, Inc -- Ignore unavailable to you. Want to Upgrade?


To: nwest who wrote (1543)4/15/2008 12:52:07 PM
From: wso2  Read Replies (1) | Respond to of 2396
 
I agree, nwest, a lot of the suggestions/complaints here on SI, were addressed in the affirmative in this Letter. Adding to sales staff, and generally referring to all present business as it relates specifically to the LACC process. I have noticed that there is a big change in emphasis on how ACII is tackling the market. Again, back when Rossmann was with company, they said that although they would make the biggest profit from being the manufacturer of the part for the end user, they were presenting the LACC as a service to lease out to customers manufacturing line.
A couple of years go by with rumors coming and going about contracts, and we're still watching for revenue. But now "it appears" ACII is "being allowed" to use LACC competitive advantage, in-house, as the "low cost producer", and from the sound of this Letter, their validation programs are completed and they have in fact purchased the machining equipment, as the manufacturer, to handle orders being processed.
JMHO, wishful thinking and all that Jazz,....LOL
here's hoping the rest of '08 goes green!



To: nwest who wrote (1543)4/15/2008 1:35:34 PM
From: BarclayDonaldson  Read Replies (1) | Respond to of 2396
 
nwest: They are selling shares, just not in the open market. If you look at the SEC Filings, you will see tens of millions sold at a nice discount in private placements. You'll also see tens of millions discounted shares used to pay down debt. Some of these shares are still restricted, they will hit the market eventually.

ACII's method of dilution has changed over the years. First they had the bad deal with Cornell (and they still owe them according to the recent 10K). Then they dumped Cornell and issued shares via S-8 registration. Now they are selling shares in private placements as well as using them to pay down debt. Quantities are pretty much unknown to the "investors" until a 10Q or 10K comes out.

I notice Marc mentioned more acquisitions on the way, how do you think they'll pay? Most likely with stock. They do have the Preferred share option now, but my guess is if they issue those for an acquisition, they will be convertible to common.



To: nwest who wrote (1543)4/16/2008 12:58:35 PM
From: rhoshariasha  Read Replies (2) | Respond to of 2396
 
Who "told us time and time again, they are not the ones selling." Who told you this? Also who said "They are saying they are not the reason for the dilution"?
Shane