Hefner has promised so much over the years that when he releases a PR about a potential deal, it's like the boy that cried wolf. The market does not believe him, it sees no added potential with 'potential' business. You can only fool the people a couple of times before they catch on.

Now if AACS was to actually sign this deal, the stock would move as cash flows would be significantly increased, that would bode well for Chariot since they can't seem to get financing.

International Machine and Welding, Inc. Reports Extraordinary Second Quarter Profit
PR Newswire - September 30, 2005 11:02

BARTOW, Fla., Sept 30, 2005 /PRNewswire-FirstCall via COMTEX/ -- American Commerce Solutions, Inc. (OTC Bulletin Board: AACS) wholly owned subsidiary International Machine and Welding, Inc. today released preliminary results of operations for the second quarter ending August 31, 2005.

Daniel L. Hefner, President and Chief Executive Officer of American Commerce Solutions, Inc., stated, "Based upon the company's books and records, International Machine and Welding, Inc. will report an extraordinary profit in excess of $252,000 for the second quarter due to the final settlement of insurance claims from last year's hurricane damage. Reported in this quarter is a settlement adjustment of $296,000. Revenue from operations for the second quarter totaled $620,203 compared to $642,732 for the same period last year."

Hefner continued, "Gross profit increased from $272,791 to $278,904 or 2.2% when compared with the same quarter last year. Net loss from operations was reduced by 47.4% to $43,534 for the quarter compared to an $82,796 loss for the same period last year. When we add back depreciation of $74,778, we have positive cash flow of $31,244.

"We are pleased that we are on pace to match last year's revenue. However, we are more excited that we have been in several months of negotiations, which, if successful, will provide a multimillion dollar annual contract for IMW. Onsite inspection of the facilities, labor and management have been favorable, and a decision is expected before the end of the third quarter," Hefner stated.

IMW is a wholly owned subsidiary of American Commerce Solutions, Inc. Those interested in viewing photographs of IMW operations and facilities may do so at the company website, http://www.aacssymbol.com .

American Commerce Solutions, Inc. subsidiary Chariot Manufacturing Company, Inc. can be seen at its website, http://www.chariot-trailer.com .

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

SOURCE American Commerce Solutions, Inc.

Daniel L. Hefner, President and Chief Executive Officer of American Commerce
Solutions, +1-863-533-0326

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

Maybe Kelly wasn't at the show because of these sales being made...

VirTra Systems Announces Air Force Sale
PR Newswire - September 30, 2005 08:22

ARLINGTON, Texas, Sept 30, 2005 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced another sale of an IVR 4G-300(TM) military-version firearms simulator to the United States Air Force.

The simulator will be delivered to Buckley Air Force Base, equipped with conversion kits for an arsenal of small arms, automatic rifles, and light and heavy machine guns. The installation will include ultra-precise marksmanship software and six patent-pending Threat-Fire(TM) belts.

VirTra Systems also recently completed an upgrade for a prior Air Force customer, converting an IVR(TM) HD to an IVR 4G military-version simulator.

Revenue from this sale, plus the upgrade, totals approximately $350,000.

"This is our third IVR sale to the Air Force, and we are pleased that a prior Air Force customer has upgraded to the IVR 4G," stated Michael Kitchen, VirTra Systems' executive vice-president. "Continuing Air Force sales suggest a growing and satisfied military customer base.

"Customer satisfaction with our technology, products, and post-sale service is becoming a VirTra Systems legacy," Kitchen concluded.

About VirTra Systems

Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Air Force, Army, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit http://www.virtra.com.

One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

Media Relations:
VirTra Systems, Inc.
Steve Haag, vice-president of investor relations
Arlington, Texas
(817) 261-4269
shaag@virtra.com

SOURCE VirTra Systems, Inc.

Steve Haag, vice-president of investor relations of VirTra Systems, Inc.,
+1-817-261-4269, shaag@virtra.com

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

I got 20k @ 13 and another 10k @ .12, had an order in @ .105 but it never filled. My average PPS is between .15 - .16

Sales will do that... eom

VirTra Systems Announces Sale to Army Research Lab
PR Newswire - September 27, 2005 08:22

ARLINGTON, Texas, Sept 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced a purchase order for an IVR 4G- 300(TM) immersive combat readiness training simulator from the Army Research Laboratory (ARL).

The ARL, responsible for research and development of technologies supporting U.S. Army troops, chose the IVR 4G-300 for vital research studying behavioral and cognitive function of soldiers during combat. ARL is the first research organization to purchase a VirTra Systems simulator for research purposes. The order incorporates accessories such as the company's proprietary 4G wireless/tetherless weapon recoil kits and Hybrid-CGI(TM) self- authoring scenario software.

"Our research examines soldiers' cognitive, physiological, and behavioral responses while they perform operations in various combat scenarios," commented Dr. Scott Kerick, Army Research Lab's principal investigator assigned to the Cognitive Sciences Branch. "VirTra Systems' IVR simulators provide a powerful research tool allowing us to simulate incredibly realistic combat situations, and to examine physiological and behavioral responses time- locked to specific events."

"The ARL's selection of the IVR(TM) immersive combat readiness training simulator is proof-positive of the intense realism and versatility of our simulators," commented Michael Kitchen, VirTra Systems' executive vice- president. "This order is an exciting gateway toward establishing VirTra Systems' immersive simulators as the standard for war-fighter training and research."

About Army Research Lab

ARL, part of the U.S. Army Research, Development, and Engineering Command, is the Army's corporate laboratory for fundamental and applied research. ARL provides key technologies and analytical support as well as critical links between the scientific and military communities to help American soldiers in the battlefield. For more information, visit www.arl.army.mil.

About VirTra Systems

Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Air Force, Army, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit www.virtra.com.

One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

Media Relations:
VirTra Systems, Inc.
Steve Haag, vice-president
of investor relations
Arlington, Texas
(817) 261-4269
shaag@virtra.com

SOURCE VirTra Systems, Inc.

Steve Haag, vice-president of investor relations VirTra Systems, Inc.,
+1-817-261-4269, shaag@virtra.com

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

A LONG would care if this company got the reputation as a pump-and-dump. That would scare many a potential investor away.

Uh oh, the SI pumper has arrived.

Let's see, he announces a short squeeze and we go from over .07 to sub .05 in two days! Please ... no more SHORT squeezes, they are killing the LONGS.

VirTra Systems Announces Simulator Sale to Duluth PD
PR Newswire - September 19, 2005 08:22
- wireless handgun technology unveiled -


ARLINGTON, Texas, Sept 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced the sale of an IVR HD-300(TM) immersive firearms training simulator to the Duluth (Georgia) Police Department.

The IVR HD-300 will include two patent-pending Threat-Fire(TM) belts, and wireless/tetherless training-conversion kits for both handguns and AR-15 rifles. The Duluth Police Department, renowned for employing cutting-edge law enforcement methods, will take delivery in early December, upon completion of its new training facility.

"I have used many firearms simulators during my career, and the IVR HD-300 simulator is the most effective, true-to-life system I have ever experienced," commented Duluth Police Chief Randy Belcher. "After a demonstration in Phoenix, I recommended our new training facility be designed to incorporate this system. We eagerly anticipate integrating the IVR HD-300's advanced, immersive capabilities into our ongoing firearms training programs."

"This sale marks VirTra Systems' first deployment of our new wireless/tetherless handgun technology," commented Michael Kitchen, VirTra Systems' executive vice-president. "Utilizing the officer's own sidearm, our conversion kits provide the most realistic and cost-effective firearms training experience available.

"This unparalleled wireless/tetherless handgun technology is further validation of VirTra Systems' emerging reputation as the industry leader in the innovation of interactive training simulator products," Kitchen concluded.

About VirTra Systems

Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Air Force, Army, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit the company's website at www.virtra.com.

One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

Media Relations:
VirTra Systems, Inc.
Steve Haag, vice-president
of investor relations
Arlington, Texas
(817) 261-4269
shaag@virtra.com

SOURCE VirTra Systems, Inc.

Media Relations: Steve Haag, vice-president, of investor relations, Arlington, Texas,
+1-817-261-4269, shaag@virtra.com, for VirTra Systems, Inc.

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

gemmerling: Although Dutchess (or their business agents), may not have a short position, there's nothing that prevents, say, a friend of a high-ranking employee of Dutchess from shorting the stock. Cornell is allegedly famous for such arrangements (naked shorts that can't be traced back to them), always seems to be there's a naked short position in a company Cornell finances. I don't think that's co-incidental.

I know there's a lot of "conspiracy" theories out their re: the MMs and financing companies messing with the PPS. I wouldn't put it past someone who would benefit from naked shorting to do it through some loophole. It seems to happen a lot.

Why do these shares necessarily represent shorting transactions at all? Couldn't there be other reasons why the securities weren't delivered?

You mean like the mail was late? LOL!

The list represents the SELLER who must deliver the shares within a certain amount of time. If the seller has the shares (either owns them or borrows them for legitimate shorting), it should be no problem to deliver them, unless there is some sort of computer malfunction. If the seller is naked shorting, they do not have shares to deliver; that's USUALLY what shows up on this list, sellers shorting without having the shares to borrow.

Financing is significant when it comes to naked shorting. Does a company have CD's ("death spiral") where a creditor would benefit from a lower PPS? Not sure that is the case here, I need to look at the financials again.

Also, someone looking to put VTSI out of business by lowering their PPS so they can't sell enough shares for needed $$$ when revenues are lacking is another possibility.

Or some combination of the two....

Getting off SHO list does not mean shorts have covered. All it means is that there haven't been five consecutive days of "fail to deliver" shares. Basically, all you can deduce is that VTSI has not been naked shorted for five consecutive days. It's possible that someone shorting finally delivered the shares, but they are still short. VTSI can now be naked shorted for the next four days and still not make the list again. Here's the criteria for being present on the SHO list:

"for five consecutive settlement days:

There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;

The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and

The security is included on a list published by a self-regulatory organization (SRO).

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.

Judging by volume, I seriously doubt all shorts have covered their position since this thing was on the SHO list for a week (which means 10 consecutive days of naked shorting of at least 10,000 shares).

Sustained upward momentum. Haven't seen that in this stock for several months. If there ever was a time for a contract announcement, this is it!

dream: I've got BBD on ignore so I don't know what PR he's pumping this time. It seems kind of far-fetched that KSI acquisition would be complete ... how did we pay? Unless Kotsonis negotiated some super-friendly terms, not even the sale of those S-8 shares could cover debt KSI owes on their equipment (which needs to be paid in full before Kotsonis can sell, from what I understand).

I've seen stocks go from sub .10 to over $1 in a couple days. Keep in mind these were very low float stocks, much lower than ACHI's float. I've also seen a fairly large float stock (FNIX) go from between .10 - .20 to over $1 in a few days. Look at TASR, that went from sub $1 to over $120 in a year, I think.

I personally think most of BBD's minions don't have the cajones to hold after getting a double or triple, you will see a lot of selling on the way between .10 and .15. Most are small time players with a few grand looking to make a quick buck (not that there's anything wrong with that).

I'm surprised at how PPS is currently basing up ... would be great to get that contract now as support is solidifying. We will wait and see......

Todays news more fluff, trying to keep the PPS propped up until the REAL news hits. Looks like no contract announcement this week. With the lack of success Marc has had signing a deal, maybe Miller can help....

dream: No, did not unload any at .06. If you look at T&S, very few shares went through when it ran from .05 to .06 early yesterday morning. Just like the MM's walk it down on low volume with no buyers, they walked it up with no sellers until some people started cashing in near .06. I actually had a sell order in at .05 on the open, saw the MM's bailing on the ask so I canceled the order, sold them later in the day just above .05

I unloaded some at .043 and .045 the day before as that looked like a resistance point, was surprised it ran the next day, will buy back sub .04. I see I got one of those tiny 5k fills at .036 - F'in MMs sucking commission on partial fills! LOL!! Better make my next order AON.

We may see a fluff PR end of this week, IMO. If not, I expect we'll see something next week. I think the fluff PR will involve KSI and some other agreement they signed, but still no LACC contract. All my opinion ... hopefully those other two PR's they have written will be able to be released soon (which means they have actually signed a deal).

tax: More activity for ACHI on RB, but it's pretty juvenile and a waste of time.

Sanmina CEO taking his lumps

http://moneycentral.msn.com/content/P125120.asp

Buy some shares and he will move. eom

dream: I still think they are closer to the auto deal right now as a specific, well almost specific, company was mentioned (a Fortune 500 company that makes transmissions). I didn't see any reference to a specific company in today's PR. Today's PR also says that all production on these pipes can be done at one location, I don't think ACHI is set up to do that yet. They are apparently setting something up in Texas, whether it's an LACC license agreement or the acquisition of their own facility remains to be seen.

My prediciton is auto contract, KSI, oil contract. Been wrong before, will be wrong again, but that's the way it looks to me right now. After today's PR, I'm starting to lose hope we'll see a contract announcement in August. Hope I'm wrong on that!

VirTra Systems Announces Second Quarter Results
PR Newswire - August 15, 2005 16:17

ARLINGTON, Texas, Aug 15, 2005 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI) today announced unaudited results for the second quarter of its fiscal year ended June 30, 2005.

Total revenue reported for the second quarter was $255,079, down 32% compared to $374,118 for the same period one year ago. Net loss for the quarter was ($285,248), or $0.00 per share, down 47% from net loss of ($534,907), or ($0.01) per share, for the second quarter of fiscal 2004.

L. Kelly Jones, VirTra Systems' chief executive officer, commented, "Progress continued in the second quarter as we made important progress on major initiatives, including a recently-signed strategic marketing and manufacturing alliance with a major defense contractor.

"The second quarter witnessed the company's first training simulator installation for the United States Army, at Fort Hood, Texas. Additionally, we installed an IVR HD-180(TM) law enforcement simulator for the Washington County Sheriff's Department in Utah, and another IVR HD-180 training system was installed last month for the Little River Band of Ottawa Indians' Department of Public Safety, in Manistee, Michigan.

"In the advertising/promotion market, we completed an Immersa-Dome(TM) tradeshow project for a major Fortune 500 pharmaceutical company. The second quarter also witnessed renewal of Buick's(R) Immersa-Dome promotion, now featuring professional golfer Tiger Woods.

"Based on input from our military specialists, new anti-terrorism/anti- insurgent scenarios were created to address current challenges in-theater, such as improvised explosive device (IED) response, dismounted combat patrol, and insurgent training camp attack.

"While we are disappointed with the quarter's revenue results, our reputation for cutting-edge technology, dependability, and providing the most realistic and complex combat and law enforcement training continues to grow. We have confidence in our focused business plan, and we remain solidly on track for financial success during 2005," Jones concluded.

About VirTra Systems

Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Air Force, Army, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit the company's website at http://www.virtra.com .

This press release contains certain forward-looking statements. Forward- looking statements are generally preceded by the words such as "plans," "expects," "believes," "anticipates," or "intends." Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from current expectations. VirTra Systems urge investors to review in detail the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

Media Relations:
VirTra Systems, Inc.
Steve Haag, vice-president
of investor relations
Arlington, Texas
(817) 261-4269
shaag@virtra.com

SOURCE VirTra Systems, Inc.

Steve Haag, vice-president of investor relations of VirTra Systems, Inc.,
+1-817-261-4269, or shaag@virtra.com

http://www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

dream: I had alwys speculated we would get an oil company before we got an automotive one. Based on what Rhonda told me last week, I think the auto one will come first, but one never knows...

dream: Sent the updated list to Rhonda, she said I should keep looking. LOL! I did NOT send her the ones that didn't look like they made trannys (Lear, Delphi, Visteon, Tower Automotive) and I did not send the ones that weren't HQd in Michigan. There certainly are A LOT of big companies making tranmissions, no wonder they won't release the name until the deal is done.

I think the one who bought the 491k shares at .033 will be very happy soon. It looks like a large market order to sell went in at around 10:30, the MMs were tripping all over themselves to lower the bid, many shares sold at .032 while one MM was still on the bid at .035. The large order at .033 was filled as well as 250k at .036 (250k bought by MMs at .032), MM's scalped on this one.

dream: Lots of speculation going on, we'll believe it when we see it! LOL!! Didn't ACHI predict .005/share earnings last year when they were attempting to acquire APM from bankruptcy court?

When davepapapump posted his message about "big news tomorrow" on RB and SI, I received and e-mail from IR saying they had no planned news release (yes, they read the boards). I'm hoping for a PR next week about the deal people are now tossing around numbers about. I then expect KSI closing to happen a couple of weeks later. Who knows....

dream: Maybe the matches to light the fuses were wet....

As far as Carboloy is concerned, I think they were doing testing there for this company PR'd last week. I don't think they have anything to do with KSI. Our good friend DD told me he had heard from one of his suppliers they were testing several kinds of inserts and cutting tools in the lab. The parts that were lasered at GSI were doing very well against the competition, if you know what I mean. :)

As with you, my mindset is "I'll believe it when I see it". We've had enough PR's about successful trials, we've had enough PR's about pending deals, it's time to "put up or shut up" and actually get something done.

dream: I seriously *doubt* it would run to $1 with a contract announcement and completion of KSI acquisition, those 12-year-old pumpers over on SI are dreaming. Don't see how you can have a near $200 million market cap with KSI's ~$5 million assets/$3.5 million revenues, unless the revenues from LACC contract are 10s of millions of $$$$. I'm guessing revs from this contract they are about to sign are a few million $$$. I suspect we could get into the .20s or slightly higher on a $3 million LACC deal and KSI, hype may take it a little higher if these guys start talking about future deals and many millions of $$$ in revenues and get the lemmings to follow. It's happened before...... An oil-patch deal could give it serious momentum, but what are the odds of them closing THREE things in two months when they've yet to close anything?!?!?!

As for paying off that KSI machinery debt, I suspect that if they had a contract, they could get some PO financing somewhere and pay it off immediately, assuming the contract is in the millions of $$$. I thought that they could possibly be using some of the S-8 proceeds for this, but after reading the original 2003 filing I don't think they can use that money to acquire assets. They could probably find some "back-door" way to do it if they really wante to, I suppose.

Having those non-LACC jobs is *huge* right now until LACC can be proven, will be especially nice if they can start running multiple shifts like they said they would. I called KSI and they still are only running one shift over there.

dream: I think Ford is going to fall by the wayside. The bureaucracy at Ford is thick and Rhonda said they are not dealing with decisionmakers, things just keep getting put-off. She said this other company is different, they ARE dealing with the decisionmakers and things are happening fast. She said they could not announce the name just yet as this company does not want its competitors to know about the deal until it's final. My feeling was that this deal will be signed in the next couple of weeks and then we'll see KSI finalized probably a few weeks after that. She also said I should be able to figure out who it is ... said they came to ACHI one year ago this month, so I'll be reading some PRs and old board stuff. My feeling is the oil patch deal will be done late September the earliest.

In my DD phone call, our buddy said that no chipbreaker on the market can handle steel, he spends 5 - 6 hours per week cleaning out the stringy stuff from the machines. They don't need chipbreakers with LACC, just a "flat top" which I assume is the cutting tool. He said once LACC gets going in the marketplace, anyone cutting steel is going to want it.

Rhonda claims it will work on aluminum as well, started talking about airplane wings or something like that which take FOREVER to get machined according to her due to tight specifications, so that could be something in the future as well.

The "believers" should have put in their sell order the minute they read the PR! Their GURU told them a PR with a "contract announcement" was coming; they got the PR, but no contract announcment. Given that there was an S-8 out there and Cornell had shares to dump, selling on the news should have been a no-brainer. I would have sold more had I not been out fishing Wednesday morning....

dream: As a matter of fact, yes.

Was able to unload SOME of what I wanted to on the way up, still have some left that need "flipping", but I'm not complaining. LOL!

I never expected to have ANOTHER chance to accumulate shares so soon, I figured if we ever saw .07 again it would be because a deal was signed. The pump-and-dumpers helped me out big time. It fell .04 in two days, it took months to fall that much earlier in the year. With announcement of yet ANOTHER S-8 yesterday, I don't think I'll start accumulating yet ... we could very easily be in mid to low .02s in a day or two.

You don't have a clue. Bylo. Please give us all a definition of the word "preference". You don't seem to know what it means. You can't even abbreviate "conference call" correctly! ROTFLMAO!!!

You just don't get it, Bylo. Of course, given your ugly bitterness and agenda to bashing this company, I don't expect you ever will! ROTFLMAO!!

Do you understand the word "preference"? Apparently not. They would PREFER not to dilute, but it's still an option if they need money in the short term. The PO's haven't come in yet so it's tough to use PO financing - or do you not understand the concept there, either? LOL!! They obviously need money now, they don't have the PO's in-hand, they have to draw on their equity line to pay some bills. Get a clue, please..........

bylo: My CEO letter reference was to this statement you made:

"So much for PO financing......."

Like I said ... more B.S. from your sorry, bitter arse. LOL!!!!

From the CEO letter:

Our relationship with Dutchess allows us sufficient capital to successfully weather delays such as this, and the people at Dutchess are very familiar with our intent, represented both contractually and otherwise, to retire the debentures with the proceeds from future purchase order financing.

True to form Bylo, you are a misinformed a-hole.....

You are wrong, Bylo, as usual.

I just clicked on five OTCBB's and they all posted their SEC docs either in the last week due or they filed late. None of these companies scheduled a release date. Comparing a tiny OTCBB company to a NYSE/NASDAQ company is ludicrous, clearly a sign of grasping when you've got no other way to bash. I suppose next you're going to tell me that "con" is the proper abbreviation for "conference". ROTFLMAO!!

I read that post regarding your history with this company ... you sound like a real bitter loser, mate. Sad, very sad, indeed!

Where do you come up with this statistic?

My point was most public companies announce for example on 7/15 they will announce results 8/2.

Most OTCBB stocks I follow file the last week, or they apply for a late filing. Where are your statistics to back up this alleged point. Do you have a breakdown of average filing dates for NYSE/NASDAQ/AMEX/OTCBB/PinkSheets, or are you just blowing smoke out your a s s as usual? Sounds like your typical attempts to shed negative light on VTSI. We all know your agenda, get over the bitterness before it's too late, man.

News today was pure fluff.

Rumors being spread on RB say a big contract announcement is due out next week. Of course, the people spreading this rumor were saying the same thing last week, that the big news would be out this week. All we got this week was today's fluff about being #78 on some list (because of our MASSIVE $100k of annual revenue)! LOL! Could some pump-and-dumpers out there be taking advantage of their cyber "friends"?!?! The chatter is frequently telling people to forget about the bid and buy at the ask. Now why would that be .. could the pumpers be selling?!?!?

I guess we'll find out next week.....

Hate to say I told you so.....

About a month ago, someone said they saw this going to .05. This company holds a couple of entities that sound very promising, unfortunately management is too "small time" to make anything happen with them.

I unloaded almost all of my holdings on this one as I saw no way of getting to .04. I've been trading it for almost two years; without serious financing it will go nowhere, IMO.

If you still hold shares, I'd keep my eye very closely on the O/S. That 7/12 PR regarding debt reduction sounded great, but your stake in the company went down 15% because of it. They are looking to eliminate a little over $300k more in debt this quarter, look for another ~15 million shares to be handed out, and that's ON TOP of the ~10 million they hand out every quarter to pay bills.

Now you may be thinking: "but those shares used to reduce debt are restricted for two years". That is correct, but consider this: the latest 10Q filing shows an O/S of 221 million, that will be over 240 million next quarter assuming completion of the PR'd $900k debt reduction plan. If they do another "Employee Stock Option" S-8 like every year, you're looking at amother ~40 million shares over the next year. Remember, the A/S is 350 million, do the math and think about it, they are running out of shares and that means one of two things: a R/S or increase the A/S. And believe me, they will not PR increasing the A/S (hopefully they will at least have a shareholder vote on it, but one never knows).

Sorry, but when I get a letter from the CEO almost begging me to hold my shares, and then the CEO dumps 39 million new shares into the market during the same quarter, that doesn't pass the smell test. Even more startling was listening to his WebCast, he's actually talking about acquiring more companies when he can't do a thing with the latest two (Chariot and Amour). How does he plan on paying for this? More stock?

The companies AACS have do have great potential, unfortunately I think they ended up in the hands of a "small time" management team. IMO, the best thing that could happen is for AACS to SELL Chariot and AFG to someone with some cash and a real aggressive plan to get them to meet their potential.

All my opinion of course, which I have backed up by unloading most of my shares. I usually look to buy at around .02; if I do buy back in, I'll be looking lower. With that said, I give my sincerest wishes for the best of luck to the LONGS who have gutted out almost two years of dilution in the hopes Chariot would bring them a nice return.

Been frustrating for sure, dream.

Although they have something setup at KSI, I would not call it ready for full-scale production runs. They have the laser/robot, they do not have the turning equipment (according to IR the last time I contacted them). If you have been following the SEC Filings, you may have noticed something new in the 10K which has carried over to the 1st and 2nd quarter 10Qs:

Although our main goal is to acquire automotive parts manufacturers such as APM or KSI, we could apply our process to auto parts such as axle shafts, axle tubes, spindles, and connecting rods, in our own facility. In this scenario, the customer would deliver raw goods (un-machined auto parts) to our facility where we would apply the LACC process and the customer would retrieve the “treated” part for machining at their location. Such a plan would require the purchase of several specialized lasers and robotics and the leasing of approximately 40,000 sq ft.

Although we don't have "several" lasers, I believe we are setup to handle this kind of job. Des is still confident in a contract being announced soon, nothing has changed there. But as you say ... "who knows"!

I don't know if you saw a change made re: the LACC license agreement in the 1st quarter 10Q (which still appears in the recently released 2nd quarter 10Q), it now reads:

The three shareholders have agreed to a suspension of payments until the Company begins generating substantial revenues from operations.

Notice the addition of the word substantial. I questioned IR about this, and she said Ed and Marc did not plan to collect on the licensing agreement until they were profitable. I pushed her a little stating the filings say they can take the fee on revenues, she claims they will not do that. What this, and the recent KSI PR tells me, is that they dumped Cornell and plan to pay the debt KSI owed by generating revenue from within KSI via the License Agreement they signed. So if that pans out, we will not dilute and we'll see if LACC is as good as advertised.

As for the new posters on RB, they look like pump-and-dumpers to me. I took advantage of their touting and sold some of my holding at mid .03 level, hoping to buy back mid .02 when these pumpers disappear from RB. I'm not sure if what that one pumper said about Texas was true or not - could be pure BS for all I know. I'll get smoked a little if the PR comes out soon, I will need to chase and buy some back quick, hopefully not higher than what I sold. If no PR this week, I see mid .02s by week's end. Wwhen the pumpers leave and dump, we could go sub .02, not exactly what we pictured at the beginning of the year - is it?!? LOL!