SOMEONE IS INVESTING IN THE COMPANY TO PAY OFF THIS 300,000 IN A FEW MONTHS -- IMO
just that there seems no activity -- can not survive without revenue--need some active oversight-- need a plan and a goal--
need to give investors reason to invest --IMO-- JUST SAYING
I don't see any down side to increasing my stake as an investor in Amacore based soly on Vicis' investment. Although there is no clear path for this company it begs the question why a company like Vicis would hold such a large position.
It won't be the first mistake I have ever made on a stock, but, seems to be worth a shot.
Any down side in anyones opinion?
Seems to be the million dollar question. They have certainly been willing to take many billions of shares over the last few years.
Their were accusations of them manipulating the PPS of small pinks in order to paint their books toward end of quarters. But I see no such happening here as the PPS seems to not move much. That would be quite a risky bet with millions of dollars just to get control of this thing to manipulate the PPS.
they control the company and no doubt hoping for a possible buyout some day --imo
Who is Vicis and why do they keep throwing good money after bad into Amacore? What do they know?
sold mine at .004 and took a 1500 dollar loss --
do not see any future for the company--imo
Vicis Capital, LLC buying shares:
ACGI Form 4s Filed. Vicis Capital, LLC buying shares:
how about a p r to update us stockholders on what is happening
we need to hear from the ceo or his public relations dept
no releases in months
we invested good money in the company
doesn't that deserve some consideration ????
funny how time flys when your having fun --
not me but the company --
80 days and what ???
hope the company remembers
---NO NEWS IS BAD NEWS ---
NO SALES --NO BUYERS- EVEN AT THIS LOW LOW PRICE ????
I am waiting for their latest financial statement.
Things are either falling apart or Vicis has big plans.
WE NEED TO HEAR FROM THE COMPANY --
GIVE US SOME INFORMATION ON WHAT IS HAPPENING--
is marcus clark still the one to contact at firstname.lastname@example.org ??
stockholders need to know what this company is doing
we invested good money hoping they knew what they were doing --
get us a press release marcus
thanks like you say average down sometimes works and sometimes throwing good money after bad
have to see what this company is up to in next month or so
I hear you and have been there. An average down at these cheap prices makes getting out at .003 or .004 possible, though i don't know what kind of hole you are in.I play the average down game quite often and it works for me a lot of the time.... It ain't for everyone I know....
looked like it was heading toward .005 and then
the bubble burst --
wonder what caused the change-
or if M M just trying to
get stock owners to sell at cheap price --
i need to hold till .01 to get out with my skin --
had this over a year
1st: someone is willing to buy the debt
2nd: notes are not due until mid year
3rd: Company cares enough to advertise ( http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58322325 )
Good for a pop at these cheap prices IMO
not due till june....
Big money, or big debt? the downward push caught my scan, .0017's
last filing was sienior notes?
Amacore Group CL A (ACGI)
0.0036 ? 0.0018 (100.00%)
Volume: 1,784,240 @ 3:55:08 PM ET
Bid Ask Day's Range
0.0012 0.005 0.002 - 0.004
ACGI Detailed Quote
hi ice, looks like nice gainer since your message.
SOLD SOME TODAY BUT NEED .008 TO GET OUT
AT LEAST SOME ACTIVITY STARTING
FORM 4 SEEMS TO INDICATE .005 IF THAT MEANS ANYTHING
LOOKS LIKE SOME GAME PLAYING DROPPING DOWN NOW
I think it is on the Form 4s from the 1st. Really big buyer moving in, and no convertibles due for 4 months.
today is what counts
what is happening today
i paid over .01 per share so very disappointed in
what is happening
will this company be able to get back in business or is it
on the way out
i have my savings invested and at 78 that means alot
anyone know what is actually happening to this company ???
The Amacore Group, Inc. engages in the provision and marketing of healthcare-related products, including limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. The company distributes these products and services through various distribution methods, such as its agent network, inbound call center, in-house sales representatives, network marketing and affinity marketing partners, as well as through third-party direct response marketers. It utilizes various means, such as Direct Response TV, Internet advertising, database mining, and third-party leads as well as affiliate marketing partners’ lead sources. The company’s secondary line of business is to provide and market lifestyle membership programs through these same marketing channels. It also markets its administrative services, such as billing, fulfillment, patient advocacy, claims administration and servicing. Divisions LifeGuard Benefit Services Division: This division engages in the sale of healthcare benefit membership plans and provides product fulfillment, customer support, membership billing, claims administration, provider membership network maintenance and information technology. The company operates this division through its wholly owned subsidiary, LifeGuard Benefit Services, Inc.
Zurvita Holdings Inc.: This is a network marketing company that is a provider of products and benefits through the use of a multi-level marketing distribution channel which consist of independent business operators. The products marketed include residential gas and electricity energy rate plans, discount healthcare benefits and discount benefits on various retail products and services, and online advertising.
Zurvita Holdings, Inc. (Zurvita) also markets various ancillary lifestyle membership products, such as home warranty, legal assistance, and restoration services for identity theft and consumer credit. Zurvita is a variable interest entity, and the company is the primary beneficiary of Zurvita.
JRM Benefits Consultants Division: This division historically marketed various financial services and healthcare products through its telemarketing center and agent distribution network to individuals, families, and employer groups. The company operates this division through its wholly owned subsidiary, JRM Benefits Consultants, LLC.
Products and Services The company’s products consist of membership products and services, non-membership products and services and insurance products. Its products are generally sold directly to consumers, and can also be sold wholesale or private labeled.
The company’s principal membership products include: Health Options, SmartHealth Gold, Health Advance Silver, Amacore Dental, Amacore Vision, Amacore Protection, Preferred Shopping, Zurvita Protection, Zurvita Health, and Zurvita Care Saver.
Its principal non-membership products and services include Benefit Administration, Billing, Member Service, Fulfillment, Zurvita Choice, ZurTel, Zurvita Mobile, and LocalAdlink, Powered by Zurvita.
The company’s principal insurance products include: SmartHealth Diamond, Health Advance, Elite Dental, Mortgage Protection Life, Critical Illness Life, Final Expense Life, and FlyShield. Competition The company’s major competitors include BlueCross Blue Shield companies and Affinion Group, Inc.
Discontinued Operations On July 21, 2010, The Amacore Group, Inc. shut down its U.S. Health Benefits Group Division. History The Amacore Group, Inc. was founded in 1993.
Want that 10k, they should be looking for a M&A candidate.
ok, 1, 2, 3....go! haha
anyone in the know about this stock ??
price is very very low for some reason
Item 8.01. Other Events.
On July 9, 2010, The Amacore Group, Inc. (the “Company”) shut down its U.S. Health Benefits Group Division (“USHBG”). USHBG has historically operated as an inbound lead generation telemarketing operation primarily marketing major and limited medical benefit plans. For the year ending December 2008, USHBG had revenues of $4.2 million and a net loss of $6.7 million. For the year ended December 2009, USHBG had revenues of $4.2 million and a net loss of $5.4 million. Factors that led to this decision were the continued operating losses of the division and the increased operating cash requirements of the division due to recent contract terminations.
All employees of USHBG all independent sales agents have been terminated. The Company has made severance payments to such employees and agents of approximately $60,000. Currently, the Company is negotiating the termination and severance for USHBG’s president.