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Two things...
First... you asked... "Otherwise why would he be putting up the fight, to expend money? "
Well NO I don't think it is to expend money... but MIGHT IT BE HE DOESN'T WANT TO GO TO JAIL??????
Second... DUPED or not... he was still the CEO and responsible to know what is happening... Look at ENRON, MCI and other CEO's.. No one new anything... yep...
AND... don't forget... what some here do forget... remember the OJ lesson... beating the criminal case ... DOESN'T mean automatically Beating a CIVIL case....!! REASONABLE doubt isn't the test THERE...
.006s disappeared from ask pretty quick....
Divine...Thanks..
keep the updates coming... you are the main reason I visit this site...
Bid...006x6 Ask .008x3 no volume..
Showed as one trade....
1116334 shares @ .00045??(12:32:32)
Anyone make sense out of that..??
Doesn't seem like good news to me??
I think Etrade gave
me the option some time ago... so I took the paper for proxies.. I did get it as a hard copy... But as long as I got it.... now we need more interest in the stock... new buyers would be nice....
softhhds...
I have mine in the street name and got a hard copy....
Etrade....
My 98K buy at 13:11 was printed at 100k
but seems I took out Nite...... for now....
News..
Ez2 Companies President Issues a Letter to Shareholders and Announces Resignation
Monday November 12, 2:00 pm ET
WEST PALM BEACH, FL--(MARKET WIRE)--Nov 12, 2007 -- Ez2 Companies (Other OTC:EZTO.PK - News)
Dear Shareholders,
The time has come for change, a change that without a doubt is in the best interest of the company and its shareholders. So it is with a heavy heart that I am resigning effective today, November 12th, 2007, as president and director of Ez2 Companies. However I'm proud to hand the ball off to Paul Graham of Graham Capital partners www.grahamcapitalpartners.com, whom I nominate as the CEO and new President, until the Special Meeting of Shareholders on December 14th, 2007. I expect Paul to be ratified as same by all shareholders on that day. Paul is a capable, respectable and hard working professional that has over 20 years of merger and acquisition experience. He has built countless valuable relationships over his 22-year tenure which I feel will benefit him, the company and its shareholders going forward.
When I took over this company, it was not done with a selfish agenda and I think the record speaks for itself in that regard. It was done to restore shareholder value in what was an otherwise doomed company. We all know who and what brought us to this point as well as why. So I'd like to speak to the accomplishments, rather then the disappointments of the past by prior management and to some degree myself. Some of those accomplishments were toxic obstacles in nature and most people would have walked or run the other way, rather then deal with them.
In early 2007, I negotiated to takeover a convertible debt which was held by a founder of the company and was defaulted on by prior management. This debt alone could have been the end of the company and its shareholders. Shortly thereafter I built a relationship with Cornell Capital whereby they would NOT use the death spiral strategy to destroy whatever shareholder value that we had left because this obligation was in default for over 2 years. It was then that I was able to workout a deal with Cornell in which the $250,000 convertible debt in default would NOT be subject to 2 years of penalties/interest, which would have amounted to almost $400,000 in total. For this deal to happen the $250,000 debt needed to be paid down mostly in cash during a six month forbearance period. We were able to get this debt paid down in less then the 6 month time period agreed upon by both parties. Need I say we've all seen what happens to companies that cannot raise the cash to pay down a convertible note when the death spiral is applied?
As of Sept 2006, the company's outstanding share count was as high as 272 million shares. Since that time, we have reduced the outstanding common shares by a total of about 110 million shares, to its level now of approx 161 million shares outstanding. This represents roughly a 40% decrease in the outstanding shares to date. We also formed 10 subsidiary companies for a merger and acquisition strategy that has been adopted and embraced by Paul Graham and his team going forward. It has been my opinion and continues to be my opinion that a merger/acquisition strategy such as we started for the company will allow for rapid growth and creation of shareholder value. Especially when there is an experienced management team at the helm and financial stability as the foundation. I am more then confident that Paul and his team will leverage their experience and contacts in the market place to foster growth for the company and its shareholders.
So all in all with absolutely no funds to start with, we were able to improve the financial condition of the company by working to pay down one unfriendly debt to secure the other one and reduce the outstanding share count by about 40%. To me, that's a notable accomplishment.
With the above said, I want to say thank you, the shareholders, for your patience and understanding. It has been a privilege to work for you since Oct of 2005 despite the ups and downs. This was a deal I will never ever forget and I'm proud to have been a part. I am also happy to have built relationships with those shareholders that have reached out, even if most only by telephone or email. It is my hope these relationships continue. This experience has taught me much about myself, as well as other people and I will never forget any of it.
Jeff Berkowitz
Contact:
Contact:
IR contact
561-348-0524
JB resigns.. news out...
Nice to see .01 again.. hope it keeps going.. and some volume comes in....
Trading good today.. only 9:40 and we have about 185,000 shares traded.. hmmm..
Hey... just bought another 55k... this time it showed 12:43.. May send more money in tomorrow.. but at this point .008 or less I like to buy it... 1.2 would be a 50% gain.. could hit that any time... have 1M+ for longer term.. but would like to hit 2M at least...
I like a PINK SHEET CEO(or any other) that DELIVERS WHAT HE SAYS!!
MM games...
I had a "little" cash in my account so I just bought 55000 shares at .008 ... two trades showed 16K and 10K... but.. I have confirmation I have my 55K.... hmmm where is the rest of my buy...?? (12:02 and 12:04 trades)
Interesting
NICE... real nice!!... eom
Nice to see .01... hope we keep going
Trading last Hour looking nice....
IMW NEWS.... and some buying ...
Preliminary 2nd Quarter Results: IMW Soaring
Friday October 12, 10:11 am ET
BARTOW, FL--(MARKET WIRE)--Oct 12, 2007 -- American Commerce Solutions, Inc. (OTC BB:AACS.OB - News) today released preliminary results of second-quarter operations for its wholly owned subsidiary, IMW, showing a continued trend of improvement over same quarter, prior year, results.
Daniel L. Hefner, President and Chief Executive Officer of American Commerce Solutions, Inc., stated, "Pending review, we are pleased to announce that our second-quarter ending August 31, 2007 will show that IMW is soaring above last year's results! The management team of IMW is performing above anticipation and exceeding expectation on a consistent basis. Based upon the first six months performance, IMW is on track for a record-setting year."
Hefner continued, "According to company books and records, IMW financial statements will show a 35.3% increase in revenue over 2006 second-quarter sales to $639,987 from $473,176. More exciting is the 45.5% increase in gross profit, indicating tighter controls and higher margin business."
"The six month comparison is equally encouraging," the CEO offered. "Revenue is up 23.1% to $1,336,024 from $1,085,514, while gross profit is up 29.8% for the six months ended August 31, 2007 over the prior year same period."
Reviewed second-quarter results are scheduled to be released on or before October 15, 2007 on Form 10QSB and may deviate slightly from the above comparisons, according to Hefner.
American Commerce Solutions, Inc. maintains a website (WWW.AACSSYMBOL.COM) for the parent and International Machine and website www.chariot-trailer.com for wholly owned subsidiary Chariot Manufacturing Company, Inc.
ACS is a Strategic Partner to American Fiber Green Products, Inc., www.americanfibergreenproducts.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.
Contact:
Contact:
American Commerce Solutions, Inc., Bartow
Daniel Hefner
813-244-9843
dhefner@aacssymbol.com
Assuming it was his statement....
Sounds like a CEO.. who is going to announce something that is not going to bring this stock only say a double!! I would think at least 2-3 cents... IMO... his tone was that he would be blowing away people who have said we weren't going anywhere... I can't wait to see what it is...
USC...WHEN..
did he say this... yesterday?? last week..?? just wondering..
TIA..
nowinvest
Would be nice...
Nice to see a .0065 bid..
And at least the trading.. it is small... but they are buys
Would love to see some news....
Nice to see some .007s..
Trades seem to be all buys today...
Good....
Nice to see ask at .007....
Hope we here something soon from the company... but at least there is some buying.. maybe on the momentum.. so I hope we can hold...
Lets see...
I don't think you addressed the fact that the FBI investigated Hank for THIS(I really don't care about 5 others).. IF they aren't indicting him.. they AREN't.. regargless of anyone here wishing it so..!! FACT.. JIM is being charges... go ahead and let him sue me for saying that.
I always feel the "threat" of a lawsuit to keep people quite is a desperate attempt to keep them silent. I for one say Jim IS responsible for this mess... that is the PRICE of our stock.. HE WAS THE CEO when this happened PERIOD.. And I do believe that the government has a good case against him.. IF he gets off he wouldn't be the first... guilty or innocent.. Hey... OJ was found innocent... and do you believe that??
I am still waiting to here some real facts as to why this company may rise from the ashes!!! Hank, others don't add much to that conversation IMO... neither does the SQUM endless conversation.. The doors open?? for how long?? and what is happening... the company isn't really saying.. well to most of us... and anyone know if there are any other civil suits against either JP or CKYS?? That I would be interested.. what Liquidcool just walked away from the money he lost??
I thank Divine Madcatp for her postings of the filings... those are FACTS... to me..
Lets not forget...
Damages... IF SQUM was able to sell some of these to others, the damages would have been less, also, IF they hadn't made all of them yet.. damages could be less.. and next(not finally, because there could be OTHER reasons)... Maybe they know that there would be long delays with all the court cases civil and criminal going on and that in the end(potentially years) they wouldn't collect much... OR... maybe they are waiting to see if CKYS makes it back to having cash THEN go after them when they have asessts... espically if others win similiar cases against CKYS... bottom line to me... NO REAL NUMBERS COMING FROM CKYS... NO NEWS... Other than the doors are open!! Today's trading... a joke IMO... Unless they have follow through for the next few sessions.. too little money to mean anything... hey some here were cheering when we had the run back to what .0008 then the bottom feel out... so .0003 on this volume.... YAWN...
"churning an income"
Really you have no idea(or do you have inside info?) if there is any "income" on the positive side... They may be getting revenue, however... does it cover the fixed and varible costs???? AND even if it does... what is left over... .00000000001 per share ?? or are the earnings with accured expenses negative??
Since I have been unable to unload my shares I hope we do come back.. but.. I think we should be more carefull when throughing around terms like "INCOME" here..... REVENUE would have been a much better choice....
RIGHT!!!
I can see that was their plan... put up $1M.... thinking they won't buy any... Maybe they will give me a million also...
This is truly good news IMO... the best I heard yet....
Not sure where you invest... but have you ever seen details of where merger savings are coming from?? For example a company could say that there were expecting over 1 billion in synergy savings on IT and development areas... They ever say EXACTLY HOW?? OR that due to joint marketing they expect sales will increase over 20% For the large companies... Analyst go digging and digging... but the companies say much less.. When ATT bought Bell South last year did they state in VERIFIABLE terms the benefits?? some may have be obvious?? But VERIFIABLE?? The marketplace is still awaiting on what the true impact will be on that one that was done last October...
Here you are talking about a small PRIVATE company... and you want up front VERIFIABLE data now.... What the owner's IRS statements??
So either the CEO is lying about the profitability or he ISN'T.... BUT IF I believed he was... I would sell and move on... unless of course I had alternative motives...
I think I will wait around and see if my recent .005 buys were the right thing to do....
Knowlesmsncom..
WOW... you just never give up... Guilty or not... now The SEC and Grandjury says something is wrong... but you seem to know MORE than ALL OF THEM... WOW.... want to buy more shares because of your great knowledge... BUY MINE.... for only .003 OK??
Don't you think at some point you could just be wrong?? Guess not...
One thing that is correct ... many people here are out hard earned money... and you keep saying WE DON'T know and the Business is still open... YEAH... Well.. I know I will sleep well tonight... will you?? Not that I care...
Just we should all take some responsibility for what we post here and care about innocent people... and While risky... OTC and PinKs shouldn't be scams.. BIG DIFFERENCE...and NOT the fault of the buyers as some here have said...
WOW.. a lot of personal bantering..
and MOD SQUAD posts.. HMMM>.. any information on CKYS?? guess not.. even the WE ARE STILL IN BUSINESS people not posting any PROGRESS OR..... How the stock is MOVING UP and that the nay sayers will see soon how the company will be back...
Well... maybe the board is growing up... and realizing what has REALLY happened here....
And a personal thanks to JIMMIE and the BOD and others for letting us NOW know what the company is doing to get some of OUR money back....!!!!!!!!!!!! Great updates!!! Hmm could it be that the last update was March 15th?? Nah.. JP wouldn't do that to us.... would he....
MMs brought us back down... real quick..
17.5X 18 .... 4X1
just hit .02!!
18X19... and MMs
are double printing.. down.. trying to hold it... trades at .0189 right after a .019 Need buying to break to .02 ask..
18x19 3x3 eom
To me....
the statement that you wouldn't believe anything the company has to say is WEAK!! very weak!! They would just be putting more nails in their own personal coffins to out and out lie at this point... IMO>.. The should give an update to shareholders.. NOT doing it is IMO... just another sign that they couldn't care less about our investment here.
The message that the DOORS are open is getting real old... and the stock price clearly shows that IMO...
Haven't sold yet.. but I will before I go LT witht he stock.. and take my chances with recovery other ways..
IF anyone has decent verifiable facts about this company I will listen.. otherwise .. just a bunch of hype IMO.. I hardly ever read here anymore.. and I know why..
3x .0004.. 5x .0005
You did it...
sells... .0003x .0004 10x1
putting up a wall.. now 6 on the ask.. and all trades have been at the ask...