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

To: John Chew who wrote (3949)	3/20/1998 8:46:00 AM
From: patlew	Read Replies (1) \| Respond to of 7054

Well yes, John. I hope everyone was paying attention to my bean- counting lecture yesterday because today we are going to have a pop quiz. The quiz has one essay question but there are two parts. This may be hard for the TA people. Just try to focus and I think you will do ok. The question is: Who are the top ten--no let's make this easy--Who are the top five AcTrade Capital clients and (this is very important) how much TADaddy bidness did each do last quarter? The second part of the question is how do you relate these numbers to the revenues reported by ACRT? Everyone can take as long as they need to complete the quiz. When you are finished please turn in your paper at the back of the room as you leave. Have a nice weekend!

To: John Chew who wrote (3949)	3/20/1998 9:30:00 AM
From: Z man	Read Replies (1) \| Respond to of 7054

I know that they are expensing their investment costs...I'm pretty sure the patent is on the books at cost which should not be much

To: John Chew who wrote (3949)	3/20/1998 9:36:00 AM
From: Duke	Read Replies (2) \| Respond to of 7054

John -- I am interested in the fundamentals, which is why I've bookmarked you for your comments and ignore most of the rest. Even those who offer useful comments are hard to read b/c of all of the other junk on this thread. Looking forward to your thoughts. Duke

To: John Chew who wrote (3949)	3/20/1998 4:36:00 PM
From: Andrew Q. Viet	Respond to of 7054

Yes, we are interested in the fundamentals of the company. We need fresh air!!!!!!

To: John Chew who wrote (3949)	3/21/1998 4:53:00 PM
From: Doug R	Read Replies (3) \| Respond to of 7054

John, Just some info for the less moronic here: The accounting method that the they are using is SFAS 109. This method "accounts for income taxes using the deferred method, required by APB-11 to the asset/liability method, commonly referred to as the liability method. The deferred method places primary emphasis on the matching of revenues and expenses. The liability method places primary emphasis on the valuation of current and deferred tax assets and liabilities." This acceptable accounting method is what some claim results in the books being "cooked". APB-11 is an SEC rule. The accounting used by ACRT follows SEC guidelines. From a letter sent me by an acquaintance who doesn't know this thread and probably could care less about anyone else's "version" of the co.: Another thing that is interesting about ACRT is that they take no risk, similarly to APCO. They either sell the TADs or buy insurance from a third party. As of the end of last year, ACRT sold or assigned all of their TADs worth about $5mil. to Banco Portugese De Atlantico. I think that the sale to a third party or insurance by a third party further validates ACRT's practices. Doug R