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Author Topic: ACSH... WATCH IT: NEWS, AND MOVING
Candydish913
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I had pulled this one up yesterday while screening. Noticed it is also mentioned on another thread, no DD, so thought I would pass info that I had already pulled up on to everyone. As always, do your own DD, and don't invest what you cannot afford to loose. My opinion: it's a keeper, one to watch.
Candydish

ACSH - ACS HOLDINGS (OTCBB) Mission

OUR MISSION:
To Become the Innovative Leader, in the Emerging Stored Value and Debit Card Market.

Postal Address:
American Card Services, Inc.
7658 Municipal Drive
Orlando, FL 32819
Telephone:
(407) 226-6866

Fax:
(407) 226-3977
Electronic Mail:
General Information:info@ultima-cards.com
Sales:sales@ultima-cards.com
Customer Support:support@ultima-cards.com
Webmaster:acs@ultima-cards.com

Web site: http://www.ultima-cards.com/

STORE LOCATOR:
Many stores throughout the US. http://66.18.103.122/storelocator.aspx

PRODUCTS: http://66.18.103.122/products.aspx

[This message has been edited by Candydish913 (edited August 14, 2004).]


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Candydish913
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American Card Services Announces It Has Filed Its Election to Be Governed as a Business Development Corporation and Receives First Tranche of $500,000 Financing

ORLANDO, Fla.
ACS Holdings Inc., Orlando
Angie Gerena, 407-226-6989
ACS Holdings Inc. (OTC BB: ACSH) announced today that it has filed a notice to the Securities and Exchange Commission ("SEC") advising of its election to be governed as a business development company under Sections 54-64 of the Investment Company Act of 1940. The company anticipates focusing its efforts on investing in companies related to its core business -- stored value debit cards.
As a result of this filing, the company has received the first tranche of capital from a Florida-based institutional investor, as announced on July 28. This financing agreement will provide a total of $500,000 to ACS, and includes the right for the investor to invest a total of $5 million in the company.
"The funds we have received will be used by the company to further its investment in American Card Services, specifically to support that company's rapidly growing distribution partnerships and to strengthen its position as a leading provider of stored debit cards," noted Walter H. Roder, president & CEO of ACS Holdings Inc.
About American Card Services
American Card Services Inc., a wholly owned subsidiary of ACSH, operates in the stored value debit card arena. The Ultima Card(TM) Twin Access Debit Card Pack(TM) is the ACS flagship product, which is sold at retail merchants and comes with two ATM/POS debit cards using the STAR(R), Cirrus(R) and Maestro(R) network marks. Cardholders can also receive two Ultima Card(TM) Debit MasterCard(R) cards at no additional charge with valid ID. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.
This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) unforeseen costs and expenses; (4) potential litigation with our shareholders and/or former or current investors; (5) the company's ability to comply with federal, state and local government regulations; and (6) other factors over which we have little or no control.


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Candydish913
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American Card Services Announces a $10 Million Financing Agreement
ORLANDO, Fla.
American Card Services Inc., Orlando
Angie Gerena, 407-226-6989
American Card Services (OTCBB:ACSH) announced today that it has entered into a letter of intent for a standby equity distribution agreement with an institutional investor for up to $10 million through the purchase of Common Stock of ACS Holdings, Inc. The investor's obligation to complete the financing is subject to certain material conditions, including, but not limited to the shares being registered on a Form SB-2 with the Securities and Exchange Commission. The financing is expressly subject to due diligence and execution of definitive agreements on terms and conditions that are mutually agreeable.
"These funds will be used for working and growth capital, specifically to support the company's rapidly growing distribution partnerships and to strengthen its position as a leading provider of stored debit cards," according to Walter H. Roder, President & CEO of ACS Holdings, Inc.
About American Card Services
American Card Services Inc. operates in the stored value debit card arena. The Ultima Card (TM) Twin Access Debit Card Pack (TM) is the ACS flagship product, which is sold at retail merchants and comes with two ATM/POS debit cards using the STAR (R), Cirrus (R) and Maestro (R) network marks. Cardholders can also receive two Ultima Card (TM) Debit MasterCard (R) cards at no additional charge with valid ID. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.

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Candydish913
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American Card Services Announces $500,000 Financing Agreement
ORLANDO, Fla.
American Card Services Inc.
Angie Gerena, 407-226-6989
American Card Services (OTC BB: ACSH) announced today that it has entered into a letter agreement providing for the purchase of up to $500,000 of the company's common stock. The investors' obligation to complete the financing is subject to certain material conditions, including, but not limited to, the company's election to be treated as a business development company under the Investment Company Act of 1940, filing of a Form 1-E with the Securities and Exchange Commission and minimum price and volume requirements. These funds are required to be used for public relations and corporate acquisitions (subject to investors' reasonable approval). The financing is expressly subject to due diligence and execution of definitive agreements on terms and conditions that are mutually agreeable.
About American Card Services
American Card Services Inc. operates in the stored value debit card arena. The Ultima Card(TM) Twin Access Debit Card Pack(TM) is the ACS flagship product, which is sold at retail merchants and comes with two ATM/POS debit cards using the STAR(R), Cirrus(R) and Maestro(R) network marks. Cardholders can also receive two Ultima Card(TM) Debit MasterCard(R) cards at no additional charge with valid ID. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.

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Candydish913
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American Card Services Announces It Has Entered into Several Major New Distributor Partnerships
ORLANDO, Fla.
American Card Services Inc.
Angie Gerena, 407-226-6989
American Card Services (OTC BB: ACSH) announced today that it has entered into several major new distributor partnerships that are projected to significantly increase the number of retail merchants selling and loading its stored value debit card product. The company has also been in discussions with several large chain stores, which it expects to announce closing in the near future.
"The company projects each retail merchant to be worth approximately $5,000 in net income per year, after fee sharing with distributors, resellers and retail merchants. It is not hard to see how valuable adding new retail merchants are to the company's revenues and net income," stated Walter H. Roder, CEO & president of ACS Holdings Inc.
Financial Overview
The company is currently generating revenues and has produced 150,000 stored value debit card packs. The company engages in a profitable business model, retaining an estimated 35 percent of the sale price of card packs and 55 percent of the fee income as its gross margin from recurring fees (after variable expenses). Management believes that with as few as 26,000 average active card packs in the second half of 2004, the company would likely earn nearly $500,000 in pretax income for the year. Management further believes it is reasonable to expect $1.6 million in pretax income in 2005 (with 107,000 average active card packs) and up to $4.8 million in pretax income in 2006 (with 225,000 average active card packs).
About American Card Services
American Card Services Inc. operates in the stored value card arena. The Ultima Card(TM) Twin Access Debit Card Pack(TM) is the ACS flagship product, which is sold at retail merchants and comes with two ATM/POS debit cards using the STAR(R), Cirrus(R) and Maestro(R) network marks. Cardholders can also receive two Ultima Card(TM) Debit MasterCard(R) cards at no additional charge with valid ID. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.

American Card Services Announces New Distributor with 5,000 Retail Customers
ORLANDO, Fla.
American Card Services Inc.
Dorian Beach, 407-226-1025
American Card Services (OTC BB: ACSH) announced today that it has entered into an agreement with Empire Distributors Inc. for distribution of ACS' proprietary stored value Ultima Card(TM). Empire Distributors, with a customer base of approximately 7,500 locations, is one of the largest wholesale distributors of wine, spirits, beer and bar beverages in the southeastern United States. The distribution program will center on Empire Distributors' 5,000 convenience and package store customers.
"Empire has been in business since 1940 and brings to ACS long-standing relationships with retail merchants ideally situated to sell and load the Ultima Card(TM) Twin Access Debit Card Pack(TM), the ACS flagship product," said Walter H. Roder II, president & CEO of ACS.
"With 5,000 targeted locations," continued Roder, "it's not difficult to see the potential value of this relationship. If each location distributed 30 card packs per month, and each user averaged $15 in monthly fees to ACS (substantially below what the company anticipates in average monthly fees), then ACS would eventually generate in excess of $2,250,000 monthly in recurring fee income."
The Ultima Card(TM) is one of the most comprehensive and competitive stored value debit packages in the market today. Utilizing the Cirrus, STAR, and Maestro monetary networks, this two-card product provides a very cost-effective, convenient, and safe money transfer product for family and friends to share funds worldwide.
"For the retail merchants in the Empire Distributors family, the ACS product is one of the few that utilizes a standard credit card terminal for activation and money loading, thus requiring no new terminal or bank accounts," concluded Roder.


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Candydish913
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ACS Holdings Announces a Change of Auditors
ORLANDO,Fla.
ACS Holdings Inc.
Robert Warner, 407-226-1022
Walter H. Roder, the president & CEO of ACS Holdings Inc. (OTCBB: ACSH), announced today that the company has appointed new auditors for the company, Samuel Klein & Co. of Newark, N.J., effective July 1, 2004, replacing Beckstead and Watts of Las Vegas.
Roder stated that the appointment did not reflect any criticism of Beckstead and Watts, but instead he noted that their work had been accomplished in the most satisfactory manner. He stated, however, that in view of the recent merger with MaxxZone.com Inc., the company decided that it would be better served by professionals, including independent auditors, who are located on the East Coast closer to its operations in Orlando, Fla.
Roder also reported that both parties had recently satisfied all of the material conditions required in order to finalize the company's merger with MaxxZone.com Inc.
About American Card Services
ACS Holdings Inc. operates in the stored value card arena. The Ultima Card(TM) Twin-Access Debit Card Pack(TM) is the ACS flagship product. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.

ACS Holdings Shareholder Update from President & CEO Walter H. Roder
ORLANDO, Fla.
ACS Holdings Inc.
Dorian Beach, 407-226-1025 (Press)
dorian.beach@ultima-cards.com
Robert Warner, 407-226-1022 (Investor)
robert.warner@ultima-cards.com
Walter H. Roder, the president & CEO of ACS Holdings Inc. (OTCBB: ACSH), announced the following shareholder update today.
I would like to take this opportunity to update our shareholders in light of our recent merger transaction. MaxxZone.com Inc. and American Card Services Inc. merged through an Asset & Liabilities Purchase Agreement that was approved by the MaxxZone shareholders and closed on May 12, 2004.
Financial Overview
The company is currently generating revenues and has produced 150,000 stored value debit card packs. The company engages in a profitable business model, retaining an estimated 35 percent of the sale price of card packs and 55 percent of the fee income as its gross margin from recurring fees (after variable expenses). Management believes that with as few as 26,000 average active card packs in the second half of 2004, the company would likely earn nearly $500,000 in pre-tax income for the year. Management further believes it is reasonable to expect $1.6 million in pre-tax income in 2005 (with 107,000 average active card packs) and up to $4.8 million in pre-tax income in 2006 (with 225,000 average active card packs).
The Company
The company seeks to capture a large portion of the rapidly emerging stored value debit card market that provides unbanked, primarily immigrant workers in the United States with viable alternatives to carrying cash and using traditional money transfers. ACSH is a full-service company providing data processing, customer service, distributor and sales support, card production, marketing and sales stored value debit card products and programs. The company's flagship product, the Ultima Card(TM) Twin-Access Debit Card Pack(TM), is one of the most comprehensive and complete product and program in the market for participating distributors, resellers and merchants, as well as the cardholders, bar none. A payroll product is in the final stages of approval.
Market
The market is enormous and growing and underserved. Immigrant groups in the United States represent more than 50 million individuals who spent more than $880 billion in 2000, primarily in "cash" as most do not have access to basic checking and banking services (U.S. Census Bureau). The Bureau of Labor and Statistics found that more than 14 percent of U.S. jobs are held by foreign-born workers. The initial product and program focuses on the Hispanic segment because it is the largest and fastest growing ethnic group in the United States. There are 40 million Hispanics in the United States that annually spend more than $500 billion domestically, $50 billion in money transfers to Central and South America. The market continues to grow exponentially, with at least 1 million new Hispanics entering the United States each year. In addition, it is estimated that 14 million Hispanics are undocumented (New York Times), making the majority of this group unbankable.
Product and Operations
The company has developed one of the most comprehensive and competitive stored value debit packages in the market today. Utilizing the MasterCard(R), Cirrus(R), Maestro (R) and STAR(R) networks, this two-card product provides a cost-effective, convenient, and safe method to share funds with loved ones worldwide. The company's retail is the only product in the market that offers three features in one card pack: A single STAR only card that can be loaded and used up to $995 per day without ID, a second Cirrus, Maestro and STAR that requires ID and can be used to share money with loved ones through withdrawals from more than a million ATMs worldwide, as well make purchases at millions of merchants worldwide that accept Maestro-marked cards. Single debit card products do not offer the Ultima Card shared funds feature. Because the cards share the balance loaded on the cards, there is no "card-to-card fee" to transfer funds between cards either.
Lastly, cardholders can also receive up to two Ultima Card Debit MasterCard cards with two valid IDs at no additional charge. This product fully complies with all federal laws and regulations, including the Patriot Act.
The company's card packs are one of the few that can be loaded using the merchant's existing credit card terminals and bank accounts that process debit cards by using an industry-approved, standard-return merchandise credit. In addition, the ACS product can be loaded using the www.payallbillshere.com service. This adds thousands of merchants that don't have credit card terminals that now can load the ACS cards and shortly at more than 10,000 commercial banks nationwide.
The company's Orlando operations center supports sales, marketing, card pack production, data processing, customer service, the company's customer and distributor Web site, and distribution channel disbursements. The back-end customer service support, Internet, Web site, distributor, reseller and merchant fee disbursement, internal accounting and control processing is performed by ACSH at its Orlando data processing center.
We anticipate a year of exciting growth, and appreciate our shareholder support. I can assure you that the management of ACS will continue to strive for excellence in our products and to bring about a successful company on behalf of its shareholders. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556.

American Card Services Announces Distribution Agreement With Universal Express
ORLANDO, Fla.
American Card Services Inc.
Dorian Beach, 407-226-1025
American Card Services (OTC BB: ACSH) announced today that it has entered into an agreement with Universal Express Inc. for national distribution of ACS' proprietary stored value "Ultima Card"(TM) to the member postal stores of UniversalPost and the Universal Cash Express strategic retail partners currently providing distribution of the various pre-paid product lines in more than 45,000 retailers throughout North America.
"The Universal Cash Express networks have thousands of stores with each store receiving an initial 25 card pack of inventory. It is not hard to see how each and every card pack that generates over $600 in monthly fee income will benefit both the network participant stores and Universal Cash Express. This will also be a great new revenue opportunity for the postal store members of UniversalPost," stated Brett Hudson of Universal Cash Express.
"The Ultima Card(TM) is one of the most comprehensive and competitive stored value debit packages in the market today. Utilizing the Cirrus, STAR, and Maestro monetary networks, this two-card product provides a very cost-effective, convenient, and safe money transfer product for family and friends to share funds worldwide. A single card product does not offer the Ultima Card shared funds feature which also equates to considerable savings over conventional money transfer methods," said Walter Roder, CEO of American Card Services Inc.
"For the retail merchants in the Universal Express networks, the ACS product is one of the few that utilizes a standard credit card terminal for activation and money loading, thus requiring no new terminal or bank accounts," concluded Roder.
"This product offering provides robust income potential for the growing distribution network of Universal Cash Express and UniversalPost. With one of the largest banking organizations in the United States providing the platform for the program and the ease of assimilation due to the program design of ACS, the Ultima Card(TM) program is superior to all others," said Richard Altomare, chairman & CEO of Universal Express.
About Universal Express
Universal Express Inc. owns and operates several subsidiaries including Universal Express Capital Corp. (USXP Cash Express & Leasing Division) and Universal Express Logistics (Luggage Express and the Virtual Bellhop). These subsidiaries and divisions provide its private postal trade association, (Universal Post) customers, and couriers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods and luggage worldwide. For more information visit www.usxp.com.
About American Card Services
American Card Services Inc. operates in the stored value card arena. The Ultima Card(TM) Twin Access Debit Card pack(TM) is the ACS flagship product. ACS cards are issued by Key Bank, N.A., an $84 billion national bank, the 248th largest corporation on the Fortune 500 list. ACS is an authorized agent of Key Bank. For more information about ACS, visit www.ultima-cards.com or call 866-703-7556. The ACS Holdings Inc. trading symbol is ACSH.

ACS Holdings Inc. -ACSH- Announced Today That It Will Start Providing Outsourced Customer Service for Stored Value Debit Card Programs
ORLANDO, Fla.
ACS Holdings Inc., Orlando
Dorian Beach, 407-226-1025 (Press)
dorian.beach@ultima-cards.com
Robert Warner, 407-226-1022 (Investor)
robert.warner@ultima-cards.com
Starting in July 2004, ACS Holdings Inc. will provide its data processing provider, Symmetrex Inc., Maitland, Fla., with customer service for their other stored value debit card programs on a "for-profit" basis. Symmetrex provides network authorization, settlement and account accounting data processing for ACS and numerous other stored value debit card programs.
"The ACS management team has many years of experience providing superior customer service for credit and debit card programs and now will provide this service to other stored value debit card programs," said David Eison, executive vice president, operations for ACS. ACS has a long-standing relationship with Symmetrex which provides data processing for ACS and other stored value debit card programs. ACS will now provide Symmetrex customer service for its other debit card program on a for-profit basis.
"By providing customer service for Symmetrex, ACS will be able to use the income to further improve and enhance its service levels for both its cardholders and for those programs it supports, as well as provide a new revenue stream for the company," Eison continued.
"We were extremely impressed with the level of commitment and the intelligence they have built into their customer service call center. Coupled with our long-standing relationship, we are very excited about this announcement," said Shari Breehl, senior vice president, card services for Symmetrex.
For more information about Symmetrex, contact Gil Hooper, senior vice president, sales and marketing, at 949-858-0456 (ghooper@symmetrex.com).

ACS Holdings Inc. Announced Today That Cardholders Can Now Load Their Stored Value Debit Cards at Thousands of New Merchant Locations in 34 States
ORLANDO, Fla.
ACS Holdings Inc., Orlando
Dorian Beach, 407-226-1025 (Press)
dorian.beach@ultima-cards.com
Robert Warner, 407-226-1022 (Investors)
robert.warner@ultima-cards.com
Starting Monday, June 21, merchants in 34 states will be able to load the ACS debit cards, including its flagship retail product, the Ultima Card(TM) Twin Access Debit Card Pack(TM). Merchants that are enrolled in the www.payallmybillshere.com service can both load the ACS products and use the ACS debit cards to pay a wide variety of utilities, services and merchant payments. "The ability for cardholders to pay their utility and essential services using their ACS debit cards is a major step forward in empowering the unbanked consumer with basic financial services," according to Walter H. Roder, president & CEO of ACS Holdings Inc.
In addition, ACS has entered into a joint marketing agreement with EmpaSys(TM) Inc., the provider of this service, to market each other's products to participating merchants.
"This greatly increases the ACS merchant base and gives the company the ability to support smaller merchants that do not have credit card terminals to load ACS' products. For the vast majority of merchants that have credit card terminals, ACS products offer the unique ability to use the merchant's existing credit card terminal to load its products," stated Roder. "We believe this relationship will greatly enhance both parties' businesses," Roder continued.
Merchants interested in enrolling for the Pay All Bill Here service should call 866-367-2797.
For more information about ACS, visit www.ultima-cards.com or call 866-703-7556.


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Candydish913
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ACS Holdings Inc. -ACSH- Announced Today That It Has Completed the Merger With MaxxZone.com Inc. and Now Trades under the Symbol ACSH.
ORLANDO, Fla
American Card Services
Dorian Beach, 407-226-1025 (Press)
dorian.beach@ultima-cards.com
Robert Warner, 407-226-1022 (Investors)
robert.warner@ultima-cards.com
MaxxZone.com Inc. shareholders should look up the symbol ACSH to find information about the company now that the merger with ACS Holdings Inc. has been completed.
For more information about ACS, visit www.ultima-cards.com or call 866-703-7556.

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Candydish913
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LEVEL 2’S http://www.otcbb.com/asp/Info_Center.asp
http://quote.barchart.com/quote.asp?sym=acsh&code=BSTK

Date Open High Low Last Change Volume % Change
08/13/04
0.0004 0.0006 0.0004 0.0006 +0.0001 19868600 +20.00%
08/12/04
0.0007 0.0007 0.0004 0.0005 -0.0002 19427600 -28.57%
08/11/04
0.0009 0.0010 0.0005 0.0007 +0.0001 14496500 +16.67%
08/10/04
0.0007 0.0007 0.0006 0.0006 -0.0001 28698000 -14.29%
08/09/04
0.0007 0.0007 0.0006 0.0007 unch 27587600 unch%

Period -- -- High -- -- Low --
5-Day
0.0010 on 08/11/04 0.0004 on 08/13/04
20-Day
0.0070 on 08/05/04 0.0004 on 08/13/04
65-Day
0.0480 on 06/16/04 0.0004 on 08/13/04
100-Day
0.0480 on 06/16/04 0.0004 on 08/13/04
260-Day
0.0480 on 06/16/04 0.0004 on 08/13/04
Year to Date
0.0480 on 06/16/04 0.0004 on 08/13/04
Do your own DD etc...
Candydish


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will
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dish:
I saw they filed a 1E filing 8/12/04. Pink sheets had no text on the filing, it eas only listed. I have no idea what a 1E is or where to find this particular one.

Company Name......CIK.....Form Type
ACS HOLDINGS INC.0001137587...1-E


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<DOCUMENT>
<TYPE>1-E
<SEQUENCE>1
<FILENAME>9999999997-04-033286.paper
<DESCRIPTION>AUTO-GENERATED PAPER DOCUMENT
<TEXT>
This document was generated as part of a paper submission.
Please reference the Document Control Number 04040039 for access to the original document.
</TEXT>
</DOCUMENT>


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<SEC-DOCUMENT>9999999997-04-033286-index.html : 20040812
<SEC-HEADER>9999999997-04-033286.hdr.sgml : 20040812
<ACCEPTANCE-DATETIME>20040812155457
<PAPER>
ACCESSION NUMBER: 9999999997-04-033286
CONFORMED SUBMISSION TYPE: 1-E
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20040812

FILER:

COMPANY DATA:
COMPANY CONFORMED NAME: ACS HOLDINGS INC
CENTRAL INDEX KEY: 0001137587
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 000000000

FILING VALUES:
FORM TYPE: 1-E
SEC ACT: 1940 Act
SEC FILE NUMBER: 095-00215
FILM NUMBER: 04040039

BUSINESS ADDRESS:
STREET 1: 7658 MUNICIPAL DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32819
BUSINESS PHONE: 407-226-6866

MAIL ADDRESS:
STREET 1: 7658 MUNICIPAL DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32819

FORMER COMPANY:
FORMER CONFORMED NAME: MAXXZONE COM INC
DATE OF NAME CHANGE: 20010403
</SEC-HEADER>
<DOCUMENT>
<TYPE>1-E
<SEQUENCE>1
<FILENAME>9999999997-04-033286.paper
<DESCRIPTION>AUTO-GENERATED PAPER DOCUMENT
<TEXT>
Document 1 - file: 9999999997-04-033286.paper
</DOCUMENT>
</SEC-DOCUMENT>


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here is a copy of whatever a 1E is from the Edgar archives. I still don't know what it is. I like this stock, and own 2.5M, however, I strongly dislike their printer press attitude with stock. Great news, bad S-8's. If they are done with the s-8's this one will climb nicely, IMHO. I emailed the company, but got no response last week. Will try again. Thanks for the DD, Candy.
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Candydish913
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I think, not sure but believe it is part of the filing paperwork with Maxxzone merger. I know when TALL had not yet filed their SEC reports it added an E to the end of the name = TALLE, and after filing it was removed. I did not show ACSH to have an E, but maybe it gets one due to the merger, and until they file their current report. I don't know what the 1E would be. I am only guessing on all this, not written in stone.
I called the CEO, and he is to call me back Monday. I do wish they would get a better looking web site and will mention it to them when I talk with him. It, to me looks "cheap".
Candydish

[This message has been edited by Candydish913 (edited August 14, 2004).]


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Candydish913
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OK, I found what a form 1 E is with the SEC. It is lengthy etc... http://www.sec.gov/about/forms/form1-e.pdf

Here are a few quotes:
The undersigned hereby consents to being named as underwriter in a notification and offering circular filed with
the Securities and Exchange Commission by (name of issuer) pursuant to Regulation E in connection with a
proposed offering of (title of securities) to the public.”

List the names of the States and other jurisdictions in which the securities covered by this notification are proposed
to be offered

CD


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kcbudman
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Candy, any luck contacting anyone?
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kcbudman
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Lots of volume today.
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Also, (not that I expect a spectacular report) but their 10Q should be out this week or next. Who knows.....but something spiked the volume today.
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Rags2BetahRags
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Anyone still buying at this price??

I just got some and wanted to know what others were doing wiit it? I didnt go in too big but enough to make me watch it.

Anyone????


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