Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Active Control Technology Inc ATIVF



GREY:ATIVF - Post by User

Comment by mikerosoft666on Feb 26, 2009 6:18pm
480 Views
Post# 15806620

RE: RE: RC update on ACT

RE: RE: RC update on ACT
Actually,  the guy from Northern Rivers that was introducing ACT in 2007 - when it was trading .68¢,  was saying that ACT had $20 Million in Purchase Orders,  just waiting for MSHA approval.  I never verified that independently and I notice we are commencing work on $6 million.  .40¢ makes sense if you consider $14 Million expired and so instead of $1.60 target we are somewhat reduced and disproportionately because we are factoring in economic times which may impede the return of as much Purchase Order power as we had in 2007  ( allegedly ).

But what cannot be put into a target price is the fact that we are closing on June 15, 2009,  the deadline to have acquired or installed a communications safety system as per the Mining Act.  If there is extra business running at suppliers of solutions then we could realize more than $20 Million unexpectedly.  Which in theory,  ( and please don't attack me as a pumper...  I am realistic with the .40¢ prognosis ) if the sales exceeded their wildest expectations because everyone has dragged their feet out to the last minute,  then the share price would be mich much higher than the original 2007 $1.60 target.

But again,  it would be a huge surprise if that happened.  I just think the alignment of catalysts is kind of right for result to be even remotely possible.  If June wasn't a deadline,  I would say NEVER.  Why haven't mines already put equipment in place ?  Will they even put equipment in place before the deadline or risk fines ?  Or do they feel they can go to the government and plead hardship ?

Just blue skying... kind of like the guys that see my .80¢ oil exploration wildcat in Iraq being $30 / share...  IF IF IF IF...
Bullboard Posts