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

To: Keith A Walker who wrote (6969)	3/16/1999 7:40:00 PM
From: Z man	Respond to of 7054

I don't think it would be that easy. We would need to see some sort of consistent quarters with the same available credit. This won't actually happen due mainly to the extra ordinary growth we are currently experiencing. The company will continue to add bank lines. The ING announcements are very encouraging, however I would expect more to be added either with ING or another financial institution in the near future. As for trying to calculate some Revenue projections, the difficulty lies with not knowing how long the average TAD's are. As an example if every TAD was just 30 day's then you could assume a rollover of the lines 3 times a quarter, if they are say 45 day on average then the line would be rolled over 2 times....etc. I assume the company would prefer to have the time period of TAD's as short as possible. There are two reasons here. First, they are less risky. If you have done a proper credit check, chances are extremely good you will not encounter any defaults in such a short period. Second, there is a fee of 2 1/2 % that the company receives on every TAD. That is where most of the TAD earnings come from. So logicly you want to write as many short term TAD's as possible. Hoped this answered some of your questions... Regards Zman

To: Keith A Walker who wrote (6969)	3/18/1999 9:32:00 AM
From: Z man	Read Replies (1) \| Respond to of 7054

It'sssssss Internet time.... Actrade Signs Marketing Agreement with Excite, Inc. NEW YORK, March 18 /PRNewswire/ -- Actrade International, Ltd. (Nasdaq: ACRT - news) has signed a marketing agreement with Excite, Inc. (Nasdaq: XCIT - news) that will launch the beginning of Actrade Capital's on-line advertising efforts. In response to its past four years of record growth, Actrade has turned to the web to continue expansion of its patented TAD Program to fuel their efforts in implementing a full e-commerce system. The campaign will run across targeted areas of the Excite search engine. Marketing Director Sam Ingram said, ''The primary message of the on-line campaign coincides with Actrade's goal of having the TAD accepted as a standard third option (to COD or Open Account) for conducting commercial business transactions.'' Based in New York City, Actrade International Ltd., through its wholly owned subsidiaries, provides innovative domestic and international trade finance services. The Company's TAD Program and other services are marketed to businesses in the United States and abroad through offices in Atlanta, Fort Lauderdale, Los Angeles and New York. A newly established international division, Actrade Resources, Inc., based in the Bahamas, will develop and provide financing tools for companies trading outside the United States and for American exporters. Actrade Capital Canada, Inc., is based in Toronto. Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties which are described in the Company's SEC reports, including the annual report on Form 10-K for the period ended June 30, 1998 and the quarterly reports on Form 1O-Q for the periods ending September 30, 1998 and December 31, 1998.