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


To: Goulds who wrote (2917)3/9/1998 10:45:00 PM
From: Wurstnightmare  Read Replies (3) | Respond to of 7054
 
Listen you paid consultant, you must live in some parallel universe or come from Alice in Wonderland,

Integrity? Genius?

The guy's a thief with a rap sheet a mile long. He's got a 13 year bankruptcy case against him in Israel. He's got a recently filed bankruptcy case in Manhattan.

He lies on his financial statements and he is stealing from you as he sells his offshore stock at this very moment.

He's got more liens on him than the Tower of Pisa.

You must hang out with real vermin, if you could use the words you used to describe ricearoni.

24-7-365 Your Wurstnightmare will be watching you and keeping you honest.



To: Goulds who wrote (2917)3/10/1998 1:06:00 AM
From: Jonathan Cleveland  Respond to of 7054
 
Agreed all I was saying is that I know certain
people who work in the trade devision of the Isreal
Embassey here in new york and amos whos still runs
and international tradeing devision shows up on their
files. Agreed



To: Goulds who wrote (2917)3/10/1998 8:24:00 AM
From: valueminded  Read Replies (1) | Respond to of 7054
 
DaveF

Although I was short ACRT in the past, i closed them out and currently hold no position. That said, I need to respond to your comments on "integrity" in this post. .

Since I have been investing, it is only recently that I have been looking long and hard at the SEC filings. I get sick when I see an award of options made at the lowest price of the quarter representing ~10% of the outstanding shares in a company. Although this is legal, I think it is absurd, you want to give options, give incentive options i.e priced over the highest price in the quarter or say at least at the average in the quarter.

Please do not respond with some remark that he has subsequently canceled the options unless you are prepared to defend the position that they will not be re-issued at a lower price.

The only reason to point this out, is that people who want to buy this stock need to look at the SEC filings. Look at the management history, (do they buy stock, do they sell it, how are options decided on and awarded, how are existing stock holdings diluted or is the company buying back stock. )
Does the company have a record of increasing shares every year ? if so, how is that happening, ie is the company getting money out of these deals or just the "inside ownership"
Ask the questions and then look at the SEC filings and get the answers. Don't get them on this thread. Look to the threads for hints and ideas but do you own research. imho