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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 (4332)	3/24/1998 3:03:00 PM
From: Joey	Read Replies (2) \| Respond to of 7054

SHUT UP ALREADY! biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com

To: Z man who wrote (4332)	3/24/1998 3:14:00 PM
From: Dan Packer	Read Replies (5) \| Respond to of 7054

10K and 10Q are studded with red flags flapping in the breeze. The footnotes eviscerate all the numbers. Most legitimate companies are delighted to share a customer list. Publishing comments from satisfied clients is a common way to build mind-share. It is advertising. Most annual reports will feature this sort of thing - describing the value-add that the company's product brings to the buyers business. If you look back to the beginning of the SI thread, Mitch Menick posted frequently to help with investor questions. He did lots of hand-holding. Where is he now? The secrecy now should be puzzling to a potential investor. The fact that Actrade is not proud of, or fears to disclose some of their large customer relationships screams that something is not right. How many short-sellers can there be? Is their business really so tenuous that phone calls would disrupt those relationships? Is this company really paralyzed by Mr. Pink? It doesn't make sense. Their business is good. John Chew explained at the time of their private placement that their risk in selling more shares was not dilution, it was being "over capitallized". Since then, the income statements show business has boomed. They don't need more capital. It doesn't matter what their stock price does near-term. So why not calmly post some client testimonials - even if they have to lower their fees in return for the client putting up with the hassle. From reading the footnotes of their SEC filings, I assume that TADs are not the growing, profitable business they claim. Factoring is a nasty, gritty, ugly business. The Actrade patent protection is bogus and if they have any customers, they will get knocked off by another sup-prime finance company. Caveat Emptor, Dan