Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Probably get halted soon
From the 2001 annual report.
ACMAT Corporation was saddened by the death of the Company’s founder, Chairman, President and Chief Executive Officer, Henry W. Nozko Sr. on January 13, 2002. His unique style, determination and skill led the Company through five decades of expanding products and services while broadening and strengthening the Company’s financial resources. From selling ceiling tile out of a one-car garage, the Company evolved into a diversified, multi-industry provider of construction and financial services. Under Mr. Nozko’s leadership, equity grew from approximately $4 thousand to $38 million with only $1.3 million raised as equity capital from the Company’s initial and only public offering in October 1971. The balance was generated the old fashion way. Shareholder value has grown from $1 per share at the time of the 1971 public offering to $16 per share today, an increase of over 1600%. We have dedicated this Annual Report to Mr. Nozko. Time will not impair the continuing benefits of Henry Nozko’s tremendous generosity nor change the legend of his unique leadership
ACMAT CORPORATION
ACMAT Corporation was formed in 1950 as a specialty trade building contractor.
During the late 1970’s the breadth of operations expanded and the company evolved into a general building contractor. In 2009 the company discontinued the construction operations. ACMAT Corporation is currently a holding company.
Thank you for your interest in our company. We generated solid earnings in 2014, which extends our record of generating income for 61 years out of our 64 year history. We write surety bonds for construction contractors. We are licensed and provide bonds for construction contractors in all 50 states
During 2014, we again met our company plan and goal of increasing per share equity, which increased to $32.36 at December 31, 2014 from $31.05 at December 31, 2013.
In keeping with and continuing our more than 25 year stock repurchase program, during 2014 the company purchased 66,525 shares of the company’s Class A stock and 100 shares of the company’s Common stock. The total consideration for all purchases was $1,834,240.
The shares were cancelled and retired and the purchase price has been reflected as an offset to retained earnings. We expect to continue such purchases in the future.
ACMT
Shares issued and outstanding (357,966)2015 (592,088) 1998
ACMTA
Shares issued and outstanding (594,782) 2015 (2,460,808) 1998
Equity in 1998 37,622,926
2014-2015
Assets 74,477,076
Liabilities 44,639,528
Equity 29,837,548
Revenue 4,076,250
During 2014, net income was $888,000
TEST TEST
Just emailed IR to find out if this company has any relation to United Development Funding (UDF)
the company will save about 127,000 because they chose to not pay any dividends this year.
This would be interesting if the ceo was actually taking a realistic salary.
Did this get halted?
That sounds like bs
3,500,000 market cap - 7,696,000 in current assets and 1,818,372 in current liabilities. ACMC is undervalued.
Just looking
Probably
Your puns hurt my brain....
Anyone have a copy of the most recent k or q they can post here?
This has no debt so I don't even think dilution is possible lol
This is stuck in perpetual not known about stock "hell"
This is fairly valued at this price almost 14,000,000 in assets and income generating license agreement
http://www.snl.com/IRweblinkx/file.aspx?IID=102683&FID=31869652
Company Release - 11/13/2015 17:42
CHICAGO, Nov. 13, 2015 /PRNewswire/ -- The Board of Directors of Park Bancorp, Inc. (the "Company") (OTCPink: PFED) and its banking subsidiary, Park Federal Savings Bank (the "Bank"), announced that they received notice from Parkway Bancorp, Inc. ("Parkway") of the termination of the merger agreement previously entered into between the Company and Parkway, the parent company of Parkway Bank & Trust Company, pursuant to which the Company and the Bank would have been acquired by Parkway. As a result of the termination of the agreement, the Company and the Bank will continue to seek other strategic alternatives in an effort to recapitalize the Bank.
About Park Bancorp, Inc.
Park Federal Savings Bank has served the southwest side of Chicago since 1921. With four offices in Chicago and its Western suburbs, the Bank offers conventional mortgages to homeowners, as well as commercial, construction and investment loans for multifamily, mixed-use and commercial properties.
The aggregate merger consideration is $835,221.801ess: (i) the amount, if any, by which
the Company's consolidated stockholders' equity, as determined pursuant to the merger
agreement, is less than $4,100,000 as of the closing date of the merger, provided that any such
deduction shall be offset by a one-time offset of $75,000, plus an additional $65,000 per month,
pro rata on a daily basis for each day in the period beginning on and including August 1, 2015
and ending on (but excluding) October 1, 2015, plus an additional $3,000 for each day in the
period beginning on and including October 1, 2015 and ending on (but excluding) the closing
date, and (ii) the amount, if any, by which the sum of the Company's transaction-related
expenses, the expenses related to the de-conversion of the data processing system under the
Bank's current agreement with its data processor, and the Bank's prepayment fee to be paid to
the Federal Home Loan Bank of Chicago in connection with the early termination of the Bank's
Advances Agreements with the Federal Home Loan Bank, exceeds $3,435,000. The Company
currently expects that its consolidated stockholder's equity will be less than $4,100,000, which
will impact the calculation of the aggregate merger consideration as described below.
Specifically, the Company expects that the proposed merger will close on or around
September 30, 2015. Based on the Company's current projections, the Company believes that its
consolidated stockholder's equity, as determined pursuant to the merger agreement, could be
approximately $3.65 million on September 30, 2015. As discussed below in more detail in the
Proxy Statement, the aggregate merger consideration to be paid to stockholders at closing as
calculated under the merger agreement would therefore be approximately $594,000, or
(assuming that the currently outstanding 1,193,174 shares of the Company's common stock
remain unchanged at the closing) $0.50 in cash per share. While the Company believes that a
reasonable estimate of possible aggregate merger consideration could range between
approximately $41.8,000 and $594,000 (or a per share merger consideration of between
approximately $0.35 and $0.50), the Company's actual consolidated stockholder's equity, as
determined pursuant to the merger agreement, at the time of closing could be less than the low
end of such range and, therefore, the actual aggregate merger consideration and per share merger
consideration could be less than currently estimated.
The merger consideration is to be calculated as described above and elsewhere in the
Proxy Statement attached hereto, and will not be determined until after the date of the annual
meeting. Therefore, at the time of the annual meeting, you will not know the precise per share
merger consideration you may receive on the date the merger is completed. See "What the
Company's Stockholders Will Receive" in the attached Proxy Statement.
The Company's common stock is traded on the over-the-counter market and is quoted on
the OTCPINK under the symbol "PFED." The closing price of the Company's common stock
on August 17, 2015 was $0.30 per share.
Martin does have a ihub account so accusing him of being Martin makes no sense
Don't you mean support?
I like Avoa @ this price
I'm seeing 42.9 thousand @ 2.25 for MAXM.
Umm...
Amazing
Such a scam
Why so salty bro
His only motive for posting is to help the common investor.
Its disturbing how the Ida still trusts jake imo they are real morons.
AMERICAN CHURCH MORTGAGE CO
ACMC
American Church Mortgage Company, a Minnesota corporation, was incorporated on May 27, 1994. The Company was organized to engage primarily in the business of making mortgage loans to churches and other nonprofit religious organizations throughout the United States, on terms established for individual organizations.
The Company's loans have been granted to churches and other non-profit religious organizations. The ability of the Company’s debtors to honor their contracts is dependent on member contributions and the involvement in the church or organization of its senior pastor.
Income 123,369
Assets 41,164,517
Equity 12,599,449
Shares Outstanding 1,677,798
Market cap 5,704,513
Dividends
We have elected to operate as a real estate investment trust (REIT), therefore we are required, among other things, to distribute to shareholders at least 90% of “Taxable Income” in order to maintain our REIT status. The dividends declared and paid to shareholders may include cash from origination fees even though they are not recognized as income in their entirety for the period under generally accepted accounting principles in the United States. We earned $60,000 and $20,000 in origination fees for the six months ended June 30, 2015 and 2014, respectively.
We paid a dividend of $.10 for each share held of record on January 27, 2015. The dividend, which was paid January 30, 2015, represents a 4.00% annual rate of return on each share of common stock owned, assuming a purchase price of $10 per share.
Our Board of Directors declared a dividend of $.09 for each share held of record on April 27, 2015. The dividend, which was paid April 30, 2015, represents a 3.60% annual rate of return on each share of common stock owned, assuming a purchase price of $10 per share.
Our Board of Directors declared a dividend of $.05 for each share held of record on July 28, 2015. The dividend, which was paid July 31, 2015, represents a 2.00% annual rate of return on each share of common stock owned, assuming a purchase price of $10 per share.
Earnings per share 0.07
http://www.church-loans.net/
Yeah I remember dps and his price targets and how dilution didn't matter to him..
they don't need your shares they are diluting them at a rapid rate while your ownership % keeps decreasing. U have no idea how this works.
Good idea with scam 3x fund these aren't investments they are money pits.
What does this even mean? We already know who the "mysterious backers" are (toxic penny stock financiers).