posted
This is trading at a forward p/e of less than 1 based on forward guidance. According to the letter i received from the i/r department significant news will be announced before the market opens on sep 24th. They have previously announced they were going to become a fully reported company and have submitted form 10 to do so. It is currently trading at 52 week low and has formed a head and shoulders chart pattern. They have released some great pr's and also are considered a homeland security ply including a contract already announced with the fed govt for their navicom gps service. Read the pr's and look at the chart. Incredible opportunity.
Posts: 41 | From: Coeur d A'lene, id, U.S.A | Registered: Aug 2004
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Automotive Capital Group, Inc. Completes Acquisition of Navicom Wireless GPS; Navicom to Ship New Orders of 100 Units Next Week
/FROM PR NEWSWIRE PHILADELPHIA 800-523-4424/ TO BUSINESS EDITOR:
Automotive Capital Group, Inc. Completes Acquisition of Navicom Wireless GPS; Navicom to Ship New Orders of 100 Units Next Week
PHOENIX, Sept. 23 /PRNewswire-FirstCall/ -- Automotive Capital Group, Inc. (OTC: AOCP) announced today that it has completed the acquisition of Navicom Wireless GPS. Automotive Capital Group, Inc. acquires over 1,100 current active accounts that are billed monthly for GPS services. The company also announced it will ship 100 recently ordered units next week to new and current customers. Navicom's GPS technology works in 98% of the US, Canada and Mexico. Navicom offers wireless GPS solutions for personal, business and security. Navicom offers GPS devices with a range that will compete favorably with competitors in this market. Navicom's system reaches 98% of the US, Mexico, and Canada. Unlike competitors, Navicom is accessed through the Internet to view a vehicle's location, speed, direction, reports, perimeter notification, and disable/enable the car starter. Automotive Capital Group, Inc. has begun marketing Navicom with one of the first lease programs in the wireless GPS industry. For $19.99 per month subscribers can get the Navicom Wireless GPS unit with service included. More information about Navicom and ordering information is available from the company's website at http://www.NOWGPS.com. The company also announced last week that Navicom Wireless GPS technology will be included in the inaugural issue of "Homeland Security - 2004," the official publication of the Homeland Security Industry and U.S. Department of Homeland Security. Navicom is a new member of the HSIA. Navicom will have access to Requests for Proposals (RFPs) and Requests for Information (RFIs) from all 22 Department of Homeland Security (DHS) agencies are distributed to the participating membership. HSIA membership includes many of the top Homeland Security and Defense Contractors such as Lockheed Martin, Raytheon, General Dynamics, Lakeland Industries, Markland Technologies, ADT, and Caterpillar Inc.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Automotive Capital Group, Inc.
/CONTACT: Scott Miller, CEO, Automotive Capital Group, Inc., +1-800-647-6962, ir@autocapitalgroup.com/
TalkingStocks.com Interview with Scott Miller of Automotive Capital Group, Inc.
DALLAS, Sep 23, 2004 (PRIMEZONE via COMTEX) -- John Pentony, Publisher of TalkingStocks.com, announced today that the web site has released a new interview with Scott Miller, the President and CEO of Automotive Capital Group, Inc. (Pink Sheets:AOCP). In the interview, Mr. Miller discusses the company, NaviCom, and the recent news regarding uses for NaviCom that assist in homeland security. Also discussed in the interview is a complete update on the company's dealerships and expected delivery of NaviCom units. Mr. Miller said of expected NaviCom deliveries, "We are in a position where demand outstrips supply. Not only will we be shipping 150 next week, but 200 more in the ten days following that."
TalkingStocks.com offers interviews with key executives from publicly traded companies. TalkingStocks.com is owned by TalkingStocks.com LLC and is affiliated with StockGuru.com, one of the nation's top Internet destinations for small cap stock information. Our services include executive interviews, company profiles, investor calls and our "Ask The CEO" show. To feature your company, please call John Pentony, our Publisher at (972) 731-8621 or email john@talkingstocks.com.
Disclosure: Pentony Enterprises LLC and TalkingStocks.com LLC expects to be compensated a total of $24,000 for our profile campaign by a non-controlling third party investor. Half will be in cash and half will be in stock.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.
We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors, could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. The guidance above is dependent on closing merger/acquisition of the above listed companies.
SOURCE: Pentony Enterprises LLC
By Staff
CONTACT: TalkingStocks.com John Pentony Tel: (972) 731-8621 john@talkingstocks.com
(C) 2004 PRIMEZONE, All rights reserved.
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INDUSTRY KEYWORD: Financial Services SUBJECT CODE: WEBCAST Product Services Announcement
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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