Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Goulds who wrote (3444)	3/16/1998 5:11:00 PM
From: Dan Packer	Read Replies (1) \| Respond to of 7054

Davef, my guess is that they arise from deals done as sweeteners for the TADs. I suspect that ACRT books those bigtime profits but forgets to back out the cost that comes from giving away that cheap stock. The shareholders don't bother to read 10K footnotes, and they won't notice the dilution. A baker's dozen of new share registrations seems like a lot to me, but I try to stay out of the kitchen. Maybe it was the sale of these shares that caused the price to crater. Mr. Pink's description of the Actrade Accountant's motto seems apt: YOU BOOK 'EM, WE'LL COOK 'EM. Dan Packer -Associate Editor, Joy of Cooking - tomorrow we visit the steam table

To: Goulds who wrote (3444)	3/16/1998 5:35:00 PM
From: bananawind	Read Replies (1) \| Respond to of 7054

Below is a description of the various SEC forms that have to do with insider trading. ACRT has had about 10 Form 144 Filings, all by different entities, since Nov, 1997. A typical one is shown below after the form explanations. SEC FORM EXPLANATIONS Insider Trading: 3: An initial filing of equity securities filed by every director, officer, or owner of more than ten percent of a class of equity securities. Contains information on the reporting person's relationship to the company and on purchases and sales of equity securities. This form type is not required to be filed with the EDGAR system. 3/A: An amendment to a 3 filing. This form is not required to be filed with the EDGAR system. 4: Any changes to a previously filed form 3 are reported in this filing. This form type is not required to be filed with the EDGAR system. 4/A: Amendment to a previously filed 4. 5: An annual statement of ownership of securities filed by every director, officer, or owner of more than ten percent of a class of equity securities. Contains information on the reporting person's relationship to the company and on purchases and sales of equity securities. This form type is not required to be filed with the EDGAR system. 5/A: Amendment to a previously filed 5. 144: This form must be filed by "insiders" prior to their intended sale of restricted stock (issued stock currently unregistered with the SEC). Filing this form results in each seller receiving an automatic exemption from SEC registration requirements for this one transaction. A Form 144 is NOT an EDGAR electronic filing; each 144 is filed by the seller in paper during the day at the SEC. EDGAR Online cumulates and adds all of the current day's 144 paper filings to our electronic database at the END of each business day. The value of the EDGAR Online end-of-day listing of 144's is that the first notification of a 144 filing sometimes is the precursor of other 144 filings. 144 sales frequently come in clusters caused by events such as the end of a "lock-up" period or stock options being exercised and can be used to successfully project the onset of increased "sell side" activity in the stock of the target company. FORM 144 FILING: Issuers Name ACTRADE INTL LTD Ticker Symbol ACRT Seller EBS PARTNERS LP Address 7777 WASHINGTON VLLG DR STE 210 Address DAYTON OH 45459 Phone 212 563-1036 Filing Date Dec 19 1997 Shares to be Sold 35,000 Value 934,062.00 Broker SBSI This data extracted from Form 144's, filed in paper with the SEC, is provided electronically to CYBERNET DATA SYSTEMS,INC. by the Vickers Stock Research Corp.