Americhip International (fka ACII)

[dlewisfl]

It doesn't appear they have the necessary equipment to run production if they signed an LACC contract right now. A recent PR stated they were getting price quotes on new/rebuilt turning centers to be used in conjunction with the laser/robot they recently purchased. Rhonda said these acqusitions were still in progress.

I don't think the Ford trials are dependent on KSI closing, these trials have been delayed for several months due to Ford getting new equipment in one of their facilities. The trials are due to resume sometime in May as the new Ford equipment is up and running to Ford's satisfaction. Getting a Ford *contract* would not happen until ACHI had a Tier 1 facility, KSI will fit that bill.

ACHI needs to deliver something, KSI closing will show the people on the sidelines ACHI is for real and executing their business plan. PPS should get back to double digits short term. LACC contracts and revenues from those contracts will determine how high the PPS goes.