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arbpro

04/07/05 7:09 PM

#380 RE: stockprofit2023 #379

I am new to this board, but not to acor/hsyn. I own a substantial number of shares in the company.

First, the company is a "penny stock." Penny stock is defined as an equity with little real worth and whose value is determined only by future events. The inherent probabilities are that a penny stock will not inure to the economic benefit of shareholders. In other words, investors lose more money in penny stocks than those who make money.

Two, acor/hsyn has a history that should raise an eyebrow of suspicion. The episode with the Taiwanese, prior sec scrutiny, no meaningful revenues for years, quick exit of one business plan in favor of another, being delisted from the bb, are just some examples of how acor/hsyn has truly behaved in a manner consistent with the immaturiy of a penny stock. There is little in the pre-2005 history of this company that would inspire anything other than investor ire.

Third, there is no guarantee that the presently constituted company is anything more than the fluff of the last several years. But I like the chances of success. Why? Because of Sarbanes legislation!

The Company has issued a string of press releases this year. This is 2005 and CEO's and CFO's and Company Directors are very mindful that their representations, if proven to be willful false publications, are subject to criminal prosecution. Now I have no strong feelings of optimism or skepticism in Charles Norman, but I am highly certain that he has no interest in watching sunsets from federal prison. It is more likely than not, therefore, that the company can prove by objective evidence that its releases are in good faith and are true to the best of its knowledge and belief.

So what do we have? We have a high risk stock (by definition a penny stock is high risk) and there is risk that you could lose all, or substantially all of your investment. But we have a company with a real product, with real customers, which is producing real revenues. The potential rewards outweigh the inherent risks. I like my chances. You should too! JMHO