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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?

To: Z man who wrote (2782)	3/9/1998 9:46:00 AM
From: Goulds	Read Replies (1) \| Respond to of 7054

Zman, did you see pinks post #2781 before it was taken off? It must have been a zinger!

To: Z man who wrote (2782)	3/9/1998 9:49:00 AM
From: Ryan Plovie (Hijacked)	Respond to of 7054

Mr. Pink, How come the Article didn't mention Actrade cooking the books, or Mitch Menik, or Stonkus, the must be next month's article huh?

To: Z man who wrote (2782)	3/9/1998 9:51:00 AM
From: Goulds	Read Replies (1) \| Respond to of 7054

Repost, Yahoo: Analysis and recent news & info ACRT jobubabyv Mar 9 1998 9:38AM EST Several things: These all come after extensive research 1)The claim by Aharoni's creditors is for a substantial sum of money, however, if you are aware of debtor/creditor law you will know that they are not going to be entitled to more than what they were owed plus interest. Bottom line, they were repaid substantial sums. For those of you who misunderstood, those were not American Dollar figures, they were NIS (New Israeli Shekels). Which are 3-31/2:1 for American Dollars. Thus, the amount in dispute is several hundred thousand of dollars plus interest. Now, the issue of what they can or can't garnish is irrelevant. 2) In a worst case scenario, Alex Stonkus, who is cleaner than clean takes over the company. He has been around, has actually overseen the company's growth and would be a wonderful leader for the company. 3) The rescinding of options by the company and the institution of a special committee is significant. These shares will no longer be "out there" and there will be no dilution of the company. 4) As for the merits of the claim in NY, this will undoubtadly be settled. While I do not wish to enter into a "pissing contest" Take the article in Haaretz for what its worth. Haaretz is not exactly the most respected paper Israel has to offer. While the Jerusalem Post has Nationwide distribution in the United States and of course Israel, along with world-wide recognition, they have chosen to ignore repeated battempts to get this into their paper. 5. The reporter working on this story is somewhat of a "renegade gone wild". 6. Several years ago, Benjamin Netanyahu had contact with Amos Aharoni. I don;t think he would risk his political life for a "criminal". Lets' face it we're talking about a few hundred thousand dollars. Maybe a lot to most people, but in the scheme of business, not very much at all. 7. Assuming that this was the same business as Aharoni ran in Israel (There is black and white proof it is not), the climate here is totally different. People in Israel very often go their entire lives without any money. Without ever having positive cash flow. Israeli banks just let people go into "negative" balances and continue to take out money. It's just the way the country works. Israel was founded on socialist policies. 8. Israel is only now becoming more of a capitalist society focussing on business and development. The TAD program is a magnificent financial tool in the US. The reason it is different than dealing with credit/ or bad debts, is businesses make UCC filings. Normally when a business makes a UCC (Uniform Commercial Code) filing that restricts its flexibility with banks and conducting commerce since once a bank issues its credit limit, they include all ucc filings into that limit. That TAD allows purchaser to get the product, basically on consignment, and pay in several months, but it does not restrict the product (like factoring). A large corporation who is not growing fast, or has nothing to invest its capital in will not use the TAD. But businesses who wish to use their capital to expand would love payment right away. That's what companies like Graybar are doing. So it is not using products from companies which have credit risks, its just to provide flexibility. I hope this proves helpful and helps to dispense with some rumors ACRT: