Technology Stocks | ACII - AmeriChip International, Inc


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To: TheSpook who wrote (1945)6/16/2008 7:45:51 PM
From: Slapshot99   of 2396
 
Let's not call due diligence insider information. It's public information. Click on advanced name search and just type in Marc A. Walther and see what comes up...

macombcountymi.gov 

Interestingly enough, not only is the company listed as the defendant, but so is Marc Walther! These open cases are rather recent. (One can only imagine what else is going on.) So, "..how come [Tom] did not stop it"?... Messrs. Rutkowski, Donaldson and Schwanitz voted Marc Walther off of the board! True enough, the board is responsible for the company, but what happens when someone on the board is doing the wrong thing? The board took decisive action and corrected the problem. I wonder what will happen at the shareholder's meeting when the shareholders find out about the truth! (I wonder if Marc, Kenn, Tony and Rhonda would have had a more difficult time finding shareholders to support them if they knew the truth.)

And, speaking of playing in the sand box, perhaps reading this case from Canada will give shareholders pause about the "new path" ACII is on with its former CEO now Chairman of the board:

canlii.org 

Finally, more DD reveals that Kenn, Rhonda and Tony have been doing "business" together for years. Tony and Rhonda have been involved with ACHI/ACII for years - ergo, Kenn is part of the old gang.

Don't be so sure that the shareholders don't have enough votes to get Messrs. Rutkowski and Schwanitz back in where they belong and Marc and the bad guys OUT! See you at the FIRST EVER (what does that tell you?) shareholder's meeting!!

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To: Slapshot99 who wrote (1947)6/17/2008 7:28:54 AM
From: TheSpook   of 2396
 
Thanks for the link

macombcountymi.gov 

I did check it out..and found this as well..

Try typing in Schwanitz Thomas, or Rutkowski Ed or Schwanitz Hayden and see what you get..

Hmmm.. seems Mr. S had a messy divorce,
Wonder if the same ER is the one who had a protection order against him two years running

Appears AmeriChip has secured a restraining order against TS, ER and another guy. Dan Green.. remember seeing a PR about him a while back.

Looks like things are heating up..

Better than a soap opera

The Spook

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To: Slapshot99 who wrote (1940)6/17/2008 3:06:52 PM
From: phoenixrising1   of 2396
 
FYI only. This is a look at the "old, new gang", or "New, old gang" or whatever from one 3 month period in 2004 taken from the financials. I wonder how many of those shares have been sold, or are still in their hands pending the possible share holder meeting.

STOCK GIVEAWAYS TO INSIDERS TAKEN FROM SEC FILINGS!!!

This does not include declared insider transactions!

July 2004
The ALPS Group Inc., (RW) 1,084,285
Martin Richards & Associates Ltd., (TB) 1,815,000
Stoner Castle Ltd., (RW) 1,815,000
Anthony R. Boyden (TB) 3,200,000

August, 2004
Bottom Line Holdings (RW) 2,500,000

September, 2004
Sandra McLellan (TB) 1,660,500
Bottom Line Holdings (RW) 3,150,000
Key Financial Group Inc. (TB) 3,650,000
The ALPS Group Inc. (RW) 2,584,285
Martin Richards & Associates Ltd. (TB) 6,615,000
Stone Castle Ltd. (RW) 1,815,000
Anthony R Boyden (TB) 4,250,000
Curragh West Management Ltd. (RW) 2,550,000
The Lucntx Corp. (TB) 7,500,000
Greg Herdsman (TB) 6,700,000
Russ Weldon (TB) 250,000
_____________
Totalling over 51, 000,000

That’s right … in just 2004 over 51 million shares given to insiders supposedly for consulting services!!! Makes for some very interesting questions at the shareholders meeting … don’t you think?

I leave it to you to figure out who is represented by RW & TB!!!

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From: wso26/18/2008 1:41:03 PM
   of 2396
 
Any idea if Rehfeld is still "advisor" with the company. He's still listed on website after they updated. Hard to believe Eaton PO isn't the proof that LACC is commercially viable. PPAP to finish July 31. Big date. Hope company updates that promptly and doesn't go into "hide" mode. So many PR's on so many PO's but progress updates are lacking on each one. Makes it hard to keep track.
Of all the companies struggling with layoffs and shutdowns, AXL should really think about buying Americhip. If LACC is commercially viable that is.
(waiting for rebuttal from Hollen!)lol

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To: wso2 who wrote (1950)6/18/2008 2:19:24 PM
From: harmonr1   of 2396
 
Hello, I am new to this forum. I bought in at th .02 mark. I am hopping that the company will reform and become "the world leader" as they say they can be. Does anybody have any information as to when the stockholder meeting will be held? I might be able to push influence the votes a little(a little under 1,000,000) that is. Can somebody tell me when and where? Thanks

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To: wso2 who wrote (1950)6/18/2008 7:38:18 PM
From: nwest   of 2396
 
Here is a message from Francis Gaskins. I exchanged emails and also had a voicemail by him. When asked if ACII is a buy, hold or sell he said it's a BUY. I don't understand what he means when he talks about Marc and John Rehfel, maybe there is a typo there. -EMAIL BELOW.

Nate,

Anyway, we are trying to put together an advisory board of two top people, one is John Rehfeld with whom Marc said he worked, but Marc never did. And the other is a very top person who could really help ACII achieve its potential, as well.

Right now things are being brought under control (even though it doesn't look like it from the outside) and the business prospects are quite bright.

You are very perceptive and much of what you say is very true, of course. However, Marc is not really back in charge.

The good part is that customers continue to be very interested in the LACC technology because it saves them money.

The current people there know how to implement the technology to satisfy customer requirements, and the previous cast just couldn't get it together in my opinion.

As far as I'm concerned from here on in it's about management, management, management & focus, focus, focus --- neither of which the company has had previously. It's a journey and we are not there yet, but a lot of progress has been made.

Best,
Francis

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To: nwest who wrote (1952)6/19/2008 12:28:54 AM
From: wso2   of 2396
 
thanx nwest, I'm pretty sure Gaskins meant that Walther wasn't working with Rehfeld, as in, taking his advice or guidance. Just a guess. Rehfeld still actively involved is a big sigh of relief for me. Of all the guys that have signed on in the past year or so, his resume looks the most executive to me. he has a track record and frankly, I assumed he was history since we were originally told in PR that his involvement temporary. The comment about the second board member sounds like someone with a similar pedigree. Let's hope so.
If it wasn't for the Eaton PR clearly stating LACC work underway, I wouldn't as optimistic.
thanx for sharing that.

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From: harmonr16/19/2008 10:16:05 AM
   of 2396
 
Mr. Mann released a PR today about the reorginization of managment and how current management will be more directed on implementing the LACC process and creating "free cash flow". Hopefully this will help the market for all of us. Now all we need are PR following up on the Eaton order and best of all a follow up with what is going on with the piping segment. I hope they have their new salesman working hard for us!!!!

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From: Findit6/19/2008 10:29:59 AM
   of 2396
 
AmeriChip's New Strategy Focuses On LACC Technology
10:06 AM EDT June 19, 2008
CLINTON TOWNSHIP, Mich., June 19, 2008 (PRIME NEWSWIRE) -- AmeriChip International Inc. (OTCBB:ACII) said today its new strategy focuses on its proprietary LACC (Laser Assisted Chip Control) technology.

PROFESSIONAL MANAGEMENT APPROACH

"This is a new strategic shift based on our recent management reorganization, as of May 27, 2008," said Kenneth W. Mann, Interim CEO. "We now focus on exploiting LACC business opportunities, which prior management had not.

"Using a professional management approach, we implemented a new organization chart with clearly defined roles, responsibilities, goals, objectives and performance milestones. We will tie rewards into easy-to-understand performance achievements.

"In addition, with the help of our new corporate controller, we are in the process of installing professional management reporting, control and accountings systems to provide financial transparency to better manage the business and to provide financial transparency for public shareholders."

EMPHASIS ON PRODUCTION & FREE CASH FLOW

Mr. Mann continued, "Our goal is to create a large production company that generates recurring, profitable top line revenue from blue chip customers, and our intent is to generate free cash flow for shareholders.

"We intend to establish and maintain an industry leadership role based on our proprietary LACC technology, which we intend to use on every applicable order as we move forward. We believe our technology will enable us to gain a long term competitive advantage in each of our markets."

About AmeriChip International

americhiplacc.com 

Headquartered in Clinton Township, MI, AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, which can be used to re-engineer the manufacturing process for industrial metal machining applications.

For more information, visit our website at www.americhiplacc.com or contact investor relations, Cynthia Prince, americhip@att.net, 800-650-1708 ext 101, Fax 888-234-1796.

This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Actual results could differ materially from the expectations disclosed in this release including, without limitation, forward-looking statements contained in this release.

CONTACT: AmeriChip International Inc. Investor Relations Cynthia Prince 800-650-1708 ext 101 Fax: 888-234-1796 americhip@att.netwww.americhiplacc.com

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From: BarclayDonaldson6/19/2008 11:06:04 AM
2 Recommendations   of 2396
 
This PR is the purest FLUFF imaginable.

"Our goal is to create a large production company that generates recurring, profitable top line revenue from blue chip customers, and our intent is to generate free cash flow for shareholders."

"We intend to establish and maintain an industry leadership role based on our proprietary LACC technology"

This is the same exact thing management was saying four years ago. And this "new" management team is supposed to be better?!?!?

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