Replies to post #1487 on Americhip International (fka ACII)

[MerchFM]

that could make sense because our audit advisor

Adisor: Peter Wanner

Mr. Wanner is a Certified General Accountant with over 25 years experience as a Chief Financial Officer for a number of companies. More specifically he has recently acted as an interim Chief Financial Officer for a tool and die machine shop that sells their product line to the automotive industry. In the past, Mr. Wanner has worked in the fields of heavy construction manufacturing, oil refineries and aviation. In particular, Mr. Wanner worked with Worldways Canada, Royal Aviation and Aviation Distributors, the latter two being publicly traded companies.

tdameritrade is having problems finding this stock sometimes. I went to google finance and ACII is not on there but listed as ACIIE now? i dont get it...

[dlewisfl]

glassy: Yes, I've seen that rumor. Been a lot of "rumors" around ACII for many years, whether it will happen or not is anyone's guess.

Looking at the recently filed 8K, the BoD will be getting three new Directors when they acquire OrbitForm. That's 50% of the BoD and OrbitForm will have 50% of ACII stock. Seems like an odd thing to happen if someone was looking to outright buy ACII. Their annual revenues will now be ~15M - $20M (as opposed to ~$4M) and the BoD will have six members (Conlin, Rehfeld and Mouton plus the new three).

My guess is whoever posted the rumor got a few pieces of info incorrect and what we just saw in the 8-K was it. Of course, I could be totally wrong as well. Been wrong many times with this company. LOL!