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thomas: Make sure it was AACS you got.
nowinv: Probably from an Ameritrade client. The shares from SBSH, that is. Ameritrade seems to be clearing a high percentage of trades through them these days. My buys last week at .0075 and .008 cleared through them, as did my trades in other stocks. I didn't buy any AACS today but will consider getting more if this dips back to the .007 - .008 level. The MMs can easily walk this down on low volume.
Although I think in the long run .01 is still a great buy, I feel the PPS will dip as long as nothing gets announced, I don't see any buyers suddenly appearing. The PA dealership could be any day, any time so it's a gamble to wait, if that's announced we may make it back to .014ish quickly. AFGP trading is still a little ways off as I understand the TA is printing certs for all shares and that will not be done until sometime in May. We probably won't know what AACS' stake in AFGP is until those shares start trading so if people haven't started gambling on AACS getting a 15% stake by now, I don't see them starting now.
I picked up some at .0075 and .008 last week.
now invest: What would AACS be using to back these notes in case of default?
AACS stock? AFGP stock?
broken: Other than AFGP, Chariot dealership news is the best possibility for something to happen short term.
Vista: The stock dividend was announced in the PR.
http://biz.yahoo.com/bw/070223/20070223005304.html?.v=1
"Mr. Hefner continued, "We worked with a team of dedicated professionals to prepare this Form 10SB. The same team will expeditiously respond to any SEC comment in a thorough and timely fashion. Shareholders of AACS will receive a stock dividend when compensation for successful completion of the task is achieved. We are pleased to be part of this exciting opportunity."
Now, it's not defined how much of a dividend, but Dan publicly stated AACS shareholders would receive one.
As far as 15% ownership, that is questionable and not clearly defined. The PR states:
"The nature of our involvement and commitment to American Fiber Green Products calls for board evaluation of our assistance upon reaching that milestone and compensation to be made at that time. In addition, there exists opportunity to continue our relationship beyond that event with AACS continuing to provide services to AFGP."
That compensation is rumored to be AFGP stock based on some shareholder's conversations with Dan. The PR does not say that so it could be something else. What is publicly stated is that AACS will be compensated - we just don't know how at this point.
IMO, I think the notion that Dan/Ken will go all in on AFGP and abandon AACS is incorrect as public statements say otherwise.
IMW Starts the New Fiscal Year With a Bang
via COMTEX
April 11, 2007
BARTOW, FL, Apr 11, 2007 (MARKET WIRE via COMTEX News Network) --
American Commerce Solutions, Inc. (OTCBB: AACS) today released preliminary results of operations for wholly owned subsidiary, International Machine and Welding, Inc., for March 2007, the first month of the new fiscal year.
Daniel L. Hefner, President and CEO of AACS, reported, "IMW ended the last fiscal year with its highest monthly revenue of the year. Subject to final adjustments, the preliminary review of the company records indicates that IMW produced revenue of $226,600 for the month of March 2007. This represents a $45K increase over the prior-year monthly average and $20K more than the same prior-year period. Customer satisfaction, quality workmanship and on-time delivery have instilled confidence and produced solid margins at IMW. The prospects for the near term could generate our highest revenue production since becoming part of AACS. I can't say enough positive things about IMW President, Don Harrison, and his capable staff of management, sales and operations. They have done an exceptional job."
Information about International Machine may be seen at the company website, www.aacssymbol.com.
The company's other wholly owned subsidiary, Chariot Manufacturing Company, Inc., manufacturers of highly regarded fiberglass motorcycle trailers maintains a website at www.chariot-trailer.com.
ACS also has a Strategic Partner relationship with American Fiber Green Products, Inc. with web presence at www.americanfibergreenproducts.com. AFGP has recently filed SEC Form 10SB and will begin trading on the OTC Bulletin Board in the near future.
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.
Contact: Daniel Hefner 813-244-9843 dhefner@aacssymbol.com
SOURCE: American Commerce Solutions, Inc.
mailto:dhefner@aacssymbol.com
Copyright 2007 Market Wire, All rights reserved.
racket: No deals made?
How did AACS get Chariot? How did AACS get AFG? How did AACS get involved with Amour (now known as American Fiber Green)? It's the FINANCING deals that have not come through over the years (the CCE debacle in '04, the failed financing deals that were "90% complete" in '05, the "energy" deal of '06).
So in '07 we have "the Chariot dealer" deal(s) and AFGP. AFGP is probably more important to AACS overall, but the dealerships for Chariot are also important for funding. I can give you no concrete reason to believe in Hefner ... a lot of what he's attempted to do the last few years has not worked out, obviously. I have met him a few times, I've met Ken a few times, and all I can tell you is that I honestly believe they are trying hard to make this work not only for themselves but for the shareholders. Again, they have not had much success yet, but the constant chipping away at something good happening has to break sometime, IMO. It's just a "gut" feeling - that's all I can say.
I'm pretty disappointed in the IMW manufacturing deal not getting done, that would have been huge for AACS (assuming Dan was on the level as to what would happen if that deal got signed). That's why I got back in late '05, that and the fact that this company still has good assets/book value. I feel I'm safe from losing it all. Dan will lose a lot more than all of us if this didn't work out, his family's financial future is tied up in AACS so he has a lot on the line.
scam: you gotta learn how to play the game.
Biggest mistake is trying to get rich on one play by buying millions of shares. Take profits when they are there. AACS is one of the safer plays since they don't dilute much ... you should still be able to get back your investment here. If Dan delivers on just one thing, there will be enough buying pressure to get this to the .02s, IMO.
S8 for 60M more shares filed yesterday. eom
OT: lebed finding new ways to pump...
less than a month for? eom
mikepgator: Eventually, people see the light.
The price is where it's at right now because of the actions of the company, not NSS, IMO
congrats!
LOL vagabond!!!
You've had over three months to get a new broker and you're still crying about Ameritrade. With all the crap MT is trying to pull here lately, I'm surprised any broker still allows trading in this stock. I suppose you can just wait until these PDRs become tradeable on their own platform. Looking at how they implemented the land dividend, good luck with that!
VirTra Systems Receives Orders for New IVR(R) Simulator Borderless Screen TechnologyLast update: 3/26/2007 8:18:00 AMHOUSTON, Texas, March 26, 2007 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (VTSI). Major General Perry V. Dalby (USA-Retired), VirTra Systems' chief executive officer, today announced it has recently received orders from both the United States Marine Corps and United States Air Force to upgrade current IVR(R) small arms training simulator installations to VirTra Systems' new borderless screen technology. "VirTra Systems is committed to continue advancing its Immersive Virtual Reality(TM) technology," commented Bob Ferris, VirTra Systems' president and lead engineer. "Technological advances and close relationships with our customers drive research and development efforts to devise new technologies that keep our patent-pending IVR product line the most realistic and cost effective immersive small arms combat simulators available. VirTra Systems has an established reputation developing innovative simulation solutions at real- world prices that we believe are vital for continued sales growth." "We are pleased that our customers have quickly begun ordering screen upgrades. I am dedicated to both continue growing our current market share and establishing new vertical markets in which to leverage our continually evolving core Immersive Virtual Reality simulation technology," Major General Dalby concluded. VirTra Systems has over a decade of experience developing advanced virtual reality technology solutions for the training/simulation, advertising/promotion, entertainment, and medical industries. For more information on VirTra Systems or its products, call (832) 242-1100. About VirTra Systems Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Army, Navy, Air Force, Marines, 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 . 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 Houston, Texas (832) 242-1100 shaag@virtra.comSOURCE VirTra Systems, Inc.
Steve Haag, vice-president of investor relations of VirTra Systems, Inc.,+1-832-242-1100, shaag@virtra.comCopyright (C) 2007 PR Newswire. All rights reserved
laptop: exactly!
This whole thing is starting to look like a money laundering scheme. How many times has Terrell stated that your identity will be protected in the foundation, they will not release your personal information to anyone. Now picture this: some criminal prints up a bunch of phony stock certificates and submits them to Panama. Terrell accepts them as real and issues PDRs to the criminal. He's promised this thief he won't reveal his identity to anyone. Then he tells the LEGITIMATE shareholders "sorry, you're S.O.L., I've got all the shares". It's UNBELIEVABLE that some people here are actually buying into this ridiculousness.
I just love the way this guy operates. First he declares a land dividend but doesn't register it with the NASD, butchers the web-site application to request the dividend, then blames the BROKERS for all the trouble when he's put the onus on the SHAREHOLDERS to do the legwork! Classic! Now he's issued a proverbial threat to all shareholders saying their possibly legitimate shares will become bogus if they don't get them in before people who may possibly be turning in bogus certs. And like CoolHandLucas says, anyone looking at a GUARANTEED payout would be all over this (including organized crime). There's NO WAY Terrell can do what he says he's going to do, he will be sued six-ways-from-Sunday by any legitimate shareholder he attempts to cut off.
Then again, Panama, I believe, is a non-extradition country so he just may spending a lot more time there. LOL!!!
The SEC really needs to look into this, it doesn't pass the smell test (as they say).
So now the stock buyback is "certificate form"?
As our previous press release stated, PANAMERSA Corporation has begun to buy shares back, and we are targeting shares held in cert form
Funny, he didn't mention that in November when trying to hype the PPS back up after the SLJB disaster day. It's now pretty apparent that November buyback PR was meant purely to manipulate the market. Just like the buyout "discussion" PR. Pure market manipulation by Terrell. And this guy whines daily about shorts and MM's manipulating. LOL!!! Talk about the pot calling the kettle black........
smart: that's easy....
CD financing via CORNELL and no major contracts to bring in serious revenues.
Scam: I thought it was .01 by November and .04 in a year? Those darn promoters can't get anything right. LOL!!
Scam Patrol: Some of us did! eom
Bigdogs: LOL!
How much SLJB you got stockpiled?
shorts: The PPS or the helicopter?
What will be taking off? LOL!!
Bigdogs: you might want to take the blinders off.
Nothing has changed with PNMS? PNMS has delivered like Mike said on tremendous revenues and a Massive Cash pile the last year? How's about this: Terrell has been telling us for a long time we would have audited financials on 3/15. Then on 3/16 he told us they couldn't publicly release them due to Panamanian legal reasons. And you say it's UBSS and NITE corrupting the stock price?!?! LOL!!!
broken: Seems most like Chariot and/or AFGP for growth potential.
But it's been IMW that's been supporting this company financially. Chariot has been, and continues to be, a cash drain. It was also IMW that was behind the "manufacturing" deal and had that worked out, I think we would have seen a nice steady PPS climb for a few months. According to Dan, there were people ready to buy a large portion of the float if that deal was signed. I'm pretty disappointed he didn't pull it off and it looks unlikely to happen at this point, IMO.
Saw Dan last week........
Forgot a lot of the questions you guys wanted asked a few weeks ago. But here's an update on Chariot:
The "7 to 10 day" deal in the PR re: the PA dealership MoA was put in there because the guy opening the dealership told Dan he woud have the document to him in two days. So Dan put a conservative 7 - 10 days in the PR, the guy got caught up in other things (including getting his BMW dealership in order) and hasn't sent the documents. Dan re-iterated that this delaership will happen, but certain things, like the other side doing things in a timely manner, is completely out of his control. He has been calling this guy almost daily to get the paperwork. This guy is prominent businessman in the Pittsbrugh area and is involved in several businesses, his sense of urgency is not the same as ours. Financing should come in when this is signed enabling Chariot to hire more workers and crank out more trailers.
He mentioned the Las Vegas dealership and said negotiations are ongoing. He also mentioned two other dealerships that they have begun negotiating but I can not say where they are other than "two southern states". Ken had told me about one they were negotiating at Daytona Bike Week, I'm not sure when they started on the other one.
Dan also mentioned that the CEO of another company contacted him and they began discussion on building a custom trailer for this company's vehicles (not motorcycles). This company mentioned Chariot in a PR (not by name - just as a "custom trailer company" or something like that). They are located in California. Can't say much more about it other than it's yet ANOTHER possibility for growth. It's conceivable that they could sell a trailer for every vehicle produced and they supposedly have $50M in orders (according to their CEO). Califronia is also a hotspot for motorcycles according to Ken and he was hoping to get something going there someday - this other company could be our "foot in the door".
The "manufacturing" is not technicaly dead but I sensed that the likelihood anything will happen there is very slim. Dan said that late last September or October, on the 28th of the month, all agreements were in place after they met here in the U.S. and the other side said they would have the signed documents to him on the first of the month. Then when they got overseas, their lawyers got a hold of it and butchered the agreements, Dan said they didn't produce a document based on what was agreed. This happened with some other guy than the one's we've been discussing here (Bradley Ray and Seamus Lagan), so there were a lot of people involved.
AFGP: Dan said it's possible that AACS can own "up to" 33% as PR'd with the emphasis on "up to". He also said that what a lot of people may be missing is that if AACS owns 20% of AFGP, they can report AFGP's financials on the AACS consolidated balance sheet. So not only will they own stock but AACS should benefit from reporting AFGP financials in AACS SEC Filings. He said that the 61 days after the filing is the earliest AFGP could begin trading but would be surprised if any trading took place on the 61st day. It's more likely trading would start early May if everything goes smoothly from here. They're still awaiting the ticker symbol and will begin printing certs when they get it. Trading will open the door to funding that will help them get up an running - they will be actively pursuing municipalities to license the process and lobbying for government grants, the funding will help them do that.
For those that care about IMW: Business has picked up a bit and they just renewed a contract with someone near the 7-figure mark.
pink: Shorting otcbb's/pinks a little different than big board stocks. Have you tried calling IB and negotiating margin rates for this type of activity? Good luck to you on that.
FYI: IB just recently raised their commissions for penny stock trades from 0.2% of the total buy/sell to 0.5%, which is a pretty hefty 150% increase.
Effective Monday, 12 March 2007, IB will be raising the commission cap for U.S. and Canadian stocks from 20 basis points (.2%) to 50 basis points (.5%). This change will impact very cheap stocks (e.g. those trading at less than 1 USD or 2 CAD) and is necessary to better align the fee structure with the costs and risks associated with low priced securities.
pink_lawyer: While he's checking...
make sure he checks the margin fees and informs everyone how much IB charges for the priviledge.
ks: why would he want to do that?
IBM released a fantastic earnings report in January, beat all the esitmates, and their PPS dropped $5 the day it was announced. Good news and their PPS drops - must be a lot of naked shorting going on over there as well. LOL!!!!!
magy: Usually, a R/S is done to sell more stock.
That's the most logical explanation.
racket: No, American Leisure Products is not part of AACS. It is part of American Fiber Green Products, which is a holding company consisting of American Leisure Products and Amour Fiber Core. Read the Corporate Overview presentation linked on American Fiber Green's home page under 'Quick Links'.
AACS is a holding company that consisits of IMW (International Machine & Welding) and Chariot Manufacturing. AACS is a separate company from American Fiber Green, AACS will supposedly own some of American Fiber Green's stock once that stock starts trading.
makin: where have we heard that before?
anyone selling here now is a total idiot IMHO LOL!!
mikepgator: I don't know if the transfer agent has confirmed/denied it. I have not kept up with day-to-day stuff here, last I heard they were switching transfer agents when the trading symbol was changing and no one could call to get that information. Not sure if that situation has changed because like I said, I have not followed this closely the past month or two.
CoolHand: Exactly my point. eom
mikepgator: Please show me the SEC Filing documenting the O/S.
All "we know" is what has been fed to us through PRs and unaudited financials.
bigblueboy: Wow .. did not see that
Talk about one big crock of chit. I never gave much credibility to 4God as I have learned that CEO's message board mouthpieces can not be trusted. I see, once again, that was a message well learned.
ISell: Probably on the phone with Terrell....
trying to figure out what kind of PR will help someone unload a large quantity of shares.
LOL mikepgator!!!!!!!!!
They have so much money - remind us all again how many shares they've bought back on the open market since PRing the share buyback program last November? Right - I forgot, they have a year to do it. LOL!!!!
You'll have to further qualify 'market cap' for this company, because all they have is a "PR market cap". For 'legal reasons', we'll never know the real market cap. LOL!!!!
Keep on pumpin'......
I wonder who PNMS has more in common with....
the companies profiled on that naked short report the other day *OR* SLJB! LOL!
What a talented CEO we have here. For months he's been PRing the release of audited financials. For the past two - three weeks we've seen repeated confirmation that some of the audited financials would be out 3/15. Now the date comes and he just finds out he can't release them for Panamanian legal reasons?!?!?! Riiiiiiggggggghhhhhhhhhhhttttt!! ROTFLMFAO!! You would think a talented CEO would check on the legalities of actions before repeatedly PRing when those actions would take place.
Many of the LONGS posting here defending this guy should wake the F up. The only manipulation being done here, IMO, is by the CEO with his typical pink-sheet PR tactics. It's not the MMs, there's no 'major' naked shorting. I'm now convinced that last weeks "buyout discussion" PR was just another to help someone unload shares at the highest possible price. I also believe Terrell knew he couldn't release those audited figures long before yesterday. Obviously I cannot prove it but looking at the last five-six months, this thing looks like a stock promoters/pump-and-dumpers dream and a gullible LONGs nightmare.
Good Luck to all you guys/gals stuck here that believe the BS ... hopefully Terrell has enough more in him to help you get your money back.
4God: Your analogy makes no sense.
I clearly stated naked shorting exists. I also clearly stated that when viewing the show, PNMS had nothing in common with the profiled companies on that program (i.e. they don't appear on REG SHO list, they don't trade more shares than the O/S).
Weren't you the guy telling us that Ameritrade cleared all it's pink sheet trades through UBSS, too?