posted
I really like the split news as well as the news following it. I think this runs for a few days. Also remember Raven Moon it took off on a 5-1 Forward split.
Automotive Specialty Concepts Announces a Forward Stock Split Thursday December 8, 2:12 pm ET
VANCOUVER, WA--(MARKET WIRE)--Dec 8, 2005 -- Automotive Specialty Concepts (Other OTC:AMVS.PK - News) announced that the Board of Directors of the Company approved a 10 for 1 forward split of the Company's common stock. The forward stock split is progressing as planned and will be effective on December 19, 2005. Stockholders of record on December 16, 2005 will be entitled to ten (10) shares of common stock for each share of common stock held on that date in accordance with the resolution of the board of directors. The proposed stock split is subject to regulatory approval.
The Board deemed it prudent and essential to take this step to thank their loyal shareholder base as the Company now embarks on aggressive efforts to execute its strategic growth initiatives and create international awareness of its potential.
Forward splits can
-- Help companies broaden their capital base -- Provide more liquidity for shareholders by attracting new investors -- Help companies develop a more robust market for their stock -- Better enable acquisitions, strategic arrangements and financing -- Forward splits are often an indication that a company's long-term business outlook is favorable ADVERTISEMENT
"In 2005, AMVS is implementing a two prong approach to build shareholder value: First, to boost its product base and sales; by acquisition, seeking innovative products, building distribution channels, signing new high school and universities to our showcase and second, to complete our business plan to be presentable for accredited investors," stated Paul Stringer, CEO of AMVS.
He continued to say, "AMVS has already made strides toward the first objective as our new website is becoming our platform to market our products, we are setting up sales through third party outlets like Amazon and EBay, we signed The University of Oregon and have made numerous proposals to giants like office suppliers, home improvement suppliers, sports leagues (MLB, NFL, NBA, etc) and beverage manufactures for our switch plate products.
"For the second objective, the company is completing our business plan with support from our analyst Francis Gaskins of www.ipodesktop.com who is a financing specialist and we believe the forward split is a step towards that direction."
About Automotive Specialty Concepts, Inc. (http://www.automotivespecialtyconcepts.com/)
Automotive Specialty Concepts, Inc. is a provider of marketing alternatives for the automobile industry specializing in sports memorabilia and collectable artwork for the car owners, especially customized logos for universities, and established sports leagues and teams. The company has patent protection for its proprietary processes. The company also specializes in fundraising and drug awareness programs.
Posts: 494 | From: Martinez | Registered: Sep 2003
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Business Description: Automotive Specialty Concepts, Inc. is a leading provider of marketing alternatives for the automobile industry specializing in sports memorabilia and collectable artwork for the car owners. You can find out more about Automotive Specialty Concepts, Inc. by viewing our upcoming website.
State of Incorporation: NV
Officers: Paul H. Stringer, Pres.& CEO; Jerry G. Leslie, CFO; Neil Grey, Advisory Board
Outstanding Shares: 32,650,000 as of 2005-06-17
Estimated Market Cap: Not Available
Current Capital Change: shs decreased by 1 for 100 split Ex-Date: Record Date: Pay Date: 2005-02-01
Dividends:
Company Notes: Formerly=Bionomic Sciences International, Inc. until 4-98 Formerly=ICON Financial, Inc. until 6-99 Formerly=International Gaming Group, Inc. until 4-02 Formerly=American Standard Energy, Inc. until 4-03 Formerly=Sports Wheels, Inc. until 2-05
Class Notes: Capital Change=shs decreased by 1 for 100 split. Pay date=02/04/2002. New Issue=11-82 12,500,000 shs in units (1 sh Com & 1 Warr 2-27-84) at 10 cents per unit (best efforts-9,000,000 units min.) by Malone & Associates, Inc. Capital Change=shs increased by 10 for 1 split. Ex-date=11-6-03. Rec date=10-20-03. Pay date=11-5-03
Transfer Agent: Transfer Online, Portland, OR 97204
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It is a graphics print design process for automotive parts outside of the vehicle. Printing decoration technology uses water-soluble film to apply a pattern to any complex part. In this case, aftermarket wheels, bumpers, running boards, etc. can be designed with camouflage, salmon, or logos or other designs. A wheel and hubcap print design process utilizing ink, includes steps of film printing by printing a chosen design on water-soluble film, activating the print by wetting the film in a polyester resin solution to activate the inks, floating the activated film on water dipping the wheel or hubcap into the activated film, shaking the water off the part, washing the wheel or hubcap automotive part to remove the film, drying the automotive part, preferably in a wind tunnel, coating the wheel or hubcap with a transparent top coat of powder polyurethane, and baking in a convection oven at 150 +/- 10 degrees F for plastic parts and at 450 +/- 20 degrees F for metal parts.
This is in addition to the current patents license (Patent 6,518,209) and patent pending license (Patent Pending 6,818,314) that AMVS has the rights.
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posted
They did the same thing with Raven Moon before they let it go the next day. They were walking it down on nothing and then all these buys were coming in. I think this moves pretty big. Forward split is just 2 weeks away so a lot of room for this to go.
The reverse split is just behind this company. They have a new buisness plan. For the second objective, the company is completing our business plan with support from our analyst Francis Gaskins of www.ipodesktop.com
VANCOUVER, WA--(MARKET WIRE)--Oct 6, 2005 -- Automotive Specialty Concepts (Other OTC:AMVS.PK - News) announced today that it has retained Francis Gaskins, editor of IPOdesktop to prepare an integrated operating and business plan. IPOdesktop.com is rated as one of 'Forbes Best IPO sites.' Gaskins is widely quoted in the IPO media, and has appeared on both CNBC and CNBC Asia.
They just signed Oregon University. VANCOUVER, WA--(MARKET WIRE)--Nov 21, 2005 -- Automotive Specialty Concepts (Other OTC:AMVS.PK - News) announces first college license with the University of Oregon (U of O). ADVERTISEMENT
The new license includes University of Oregon wheel logos, similar to AMVS-produced, patent-designed Marine Corps Wheel Logos. The company will now be able to offer both wheels via the AMVS website as well as through distribution sites such as Amazon and through direct retail outlets, such as U of O and after market wheel stores. Strategic alliances are already under way with more details pending in coming weeks. AMVS's website is utilizing a new search engine marketing program to increase website hits, and expects to see increased traffic over the next several weeks.
"With the addition of Mel Renfro, football Hall of Famer to our team it was only natural to go after U of O license as our first college license. There is a significant fan base for our licensed products," said Dexter Morrison, sales and marketing director. "Currently the University of Oregon is in the top 10 and usually sells out most football games with 58,000 tickets, has 25,000 season ticket holders, and also has a nationwide television aud
Posts: 494 | From: Martinez | Registered: Sep 2003
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quote:Originally posted by matto: 25% today lets see what the morning brings.It looks like a player!
You are right Matto I think this is still in the begining stages of being discovered. We will see tomorrow.
Posts: 494 | From: Martinez | Registered: Sep 2003
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posted
I think simply the fact that this one has a reverse split, along with how it ran up today, should be a positive thing. I believe it will generate a lot of interest out there and should bring in lots of new buyers on the news of the F/S alone. Its not necesairly an investment but a momentum play.. I think it could easily go to .08, possibly possibly higher tomorrow or even Monday.. At these levels, its probably a steal, In My opinion! I wish I would of got in at this level. I plan on Averaging down in the morning. Watch this one carefully!
Posts: 262 | Registered: Jun 2005
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posted
American Bulls rate this stock a Hold for what its worth.
"Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure."
Posts: 167 | Registered: Dec 2005
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posted
Just remember, this stock can move Very fast on volume. It doesn't take much at all to move it, as we saw yesterday!
Posts: 262 | Registered: Jun 2005
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posted
This isn't looking that good to me. We're already back down and 200k volume isn't much of anything. I just thought there'd be more in the 1st ten minutes. Guess not. What do you guys think? Still looking good?
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