ACII AMERICHIP INTERNATIONAL Filing for BK Chap 7

[trants4md]

ACII AMERICHIP INTERNATIONAL, INC. A Spec play I pointed out back in March on LVS is Filling a chapter 7 BK

Unlikely that they will recover anything, Sell you stake now for the ask!

This one is sadly a goner!

http://www.sec.gov/Archives/edgar/da...45/maindoc.htm
The news is not out yet get out ahead of the announcement.

[Vic Van]

ha
ACII stands for Another c*** In Insurance
Its also the qualification to become a chartered broker in the UK

Cheers for the heads up on this

[trants4md]

ha
ACII stands for Another c*** In Insurance
Its also the qualification to become a chartered broker in the UK

Cheers for the heads up on this

Well it does not stand for a good spec play ANYMORE .. LOL

[Kordoyn]

Trants told me to put my whole portfolio in here, and now I am broke. I lost my whole $100.

[trants4md]

Trants told me to put my whole portfolio in here, and now I am broke. I lost my whole $100.

Yea, but you can move into my shed out back, only you have to make sure you don't scratch the garden tractor!

After a few weeks I will give you another good one.

But first you have to get the landscape finished!

[Greg]

Hey all,

posted this on SR as well, but i will do it again and so strongly suggest that you shouldnt get in, only out of this stock. Reason is SCAM! Their CEO is Marc Walther, i have a history with this dudu. Not only did he cost me $600 some time ago with another company of his XYNH (and HYGN, which was a latino music label and a movie maker as well at first ;p), but he made me mad as well

Here is a link to all known companies Marc Walther ever worked and each and every one of them "smells". So do not buy any companies which were/are related to this dudu. Raging Bull: Post 75 on HYGN Message Board

my internship is almost over and then i will have all the time in the world to be more active again in trading and on this site,

Goodluck all,

Greg

[trants4md]

Hey all,

posted this on SR as well, but i will do it again and so strongly suggest that you shouldnt get in, only out of this stock. Reason is SCAM! Their CEO is Marc Walther, i have a history with this dudu. Not only did he cost me $600 some time ago with another company of his XYNH (and HYGN, which was a latino music label and a movie maker as well at first ;p), but he made me mad as well

Here is a link to all known companies Marc Walther ever worked and each and every one of them "smells". So do not buy any companies which were/are related to this dudu. Raging Bull: Post 75 on HYGN Message Board

my internship is almost over and then i will have all the time in the world to be more active again in trading and on this site,

Goodluck all,

Greg

Sorry Greg but help me out here,

First we are not suggesting anyone invest in this. Read the post.. It says get out and that this company is going BK.

As for Mr. Marc Walther, He was Chairman of the Board and is Chief Technology Officer of AmeriChip International Inc. He was Co-Chairman of the Board, President, Chief Executive Officer and Director of AmeriChip International, Inc. since May, 2003. Since May 2003, Mr. Walther has served in several capacities, most recently as its Chief Executive Officer and a director. Prior to joining AmeriChip International, Mr. Walther was an original founder in AmeriChip Ventures, Inc. and AmeriChip, Inc. Since 1999 Mr. Walther has also been the owner and President of National Abrasive Systems Company a manufacturer and distributor of various abrasive products throughout the north-eastern United States. Mr. Walther is still affiliated with that company, which he acquired in 1999.

I checked his Biography's and SEC records on him. I do not find where he had affiliation with any other company outside of Americhip and National Abrasives.

As for your statement about Mr Walther I attempted to verify it. I went to your link and all it said was;

"What I want to know is why Walther did not hang around long enough to blow the whistle on these bandits... seems he just skedaddled.. wonder why.. did he run scared... "

I checked each of the companies listed on this page and I cannot find any mention of Walther at all. So help me out here where does he come in?

We do not want "hit and run" Negative attacks to be posted here. We want them backed up a bit to be fair to all "so help me tighten up this posting of yours."

Again we have not recommended anyone buy this stock in this thread. But we still do want to try to do things in an informative and thorough way, especially with people reputations.

Thanks,

[Greg]

Hey Trants and all,

Just wrote a long reply and now its gone! So ill do it again.

First of all, i did read the previous posts; i just wanted to reburse the fact that you shouldnt invest in this and i wanted to add that you shouldnt invest in anything M. Walther is involved with. I say this from my own personal experience as i dont have a sheet of paper stating that or anything factual negative about this person self. I did had an article last year about Marc Walthers connection to Latin Medirect which stated his adventures and "accomplishments" in USA companies, i can't find that article anymore though..

Personally i came in touch with 2 of his companies more then a year ago (end 2007 i think) and those were HYGN and XYNH . (Symbol: Hygn, Inside Alert Company Take Over) I was very interested in their claim to have made a converterkit for cars to make them run on Hydrotech. I got in contact with them by mail to ask i n which one to invest (xynh had the patent, hygn would market it for them), they adviced me to just invest in both, and so i did =/. Sold HYGN with a profit though and still holding xynh as i cant sell them and they both have different CEO's by now; both are now lead by different people (but both can be linked to Medirect Latino, which in my eye is the spill. m. walther has a history with them as well).

After Walther was gone there, a lawsuit started: Court case Marc Walther with hygn/xynh Hygn: Legal Eagle Review - HYGN and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther

Perhaps Scam was a too big word, but let me rephrase that to "fishy" then; it smells bad! My only intention was to link him directly to the bad results for this company as well. No harm intended and i should have indeed backed that statement up by some hard prove, but i cant .

So my intentions were good, only perhaps a bit clumsy, but i wrote it when i was in bed already and almost sleeping. Hope this is btw the same Marc Walther, but it seems it is. So i should have said i am suspicious against him or something. Also it could be a case of just sheer incompetence of M. Walther that everything he touche goes sour, but i dont believe in that coincidence.

Hope to have informed you a bit better and note, it is my opinion and i could very well be very wrong and then i would own M. Walther a big apoligy , but i believe i am right by saying again: Stay away from companies where this man is (or even was) working.

Best Regards Greg

P.S. meant no harm here by making this guy looks bad, just wanted to warn people about him by telling my experience and that post (and probably this one as well) should better have been posted in the Bar and Grill thread perhaps.

[trants4md]

Hey Trants and all,

Just wrote a long reply and now its gone! So ill do it again.

First of all, i did read the previous posts; i just wanted to reburse the fact that you shouldnt invest in this and i wanted to add that you shouldnt invest in anything M. Walther is involved with. I say this from my own personal experience as i dont have a sheet of paper stating that or anything factual negative about this person self. I did had an article last year about Marc Walthers connection to Latin Medirect which stated his adventures and "accomplishments" in USA companies, i can't find that article anymore though..

Personally i came in touch with 2 of his companies more then a year ago (end 2007 i think) and those were HYGN and XYNH . (Symbol: Hygn, Inside Alert Company Take Over) I was very interested in their claim to have made a converterkit for cars to make them run on Hydrotech. I got in contact with them by mail to ask i n which one to invest (xynh had the patent, hygn would market it for them), they adviced me to just invest in both, and so i did =/. Sold HYGN with a profit though and still holding xynh as i cant sell them and they both have different CEO's by now; both are now lead by different people (but both can be linked to Medirect Latino, which in my eye is the spill. m. walther has a history with them as well).

After Walther was gone there, a lawsuit started: Court case Marc Walther with hygn/xynh Hygn: Legal Eagle Review - HYGN and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther

Perhaps Scam was a too big word, but let me rephrase that to "fishy" then; it smells bad! My only intention was to link him directly to the bad results for this company as well. No harm intended and i should have indeed backed that statement up by some hard prove, but i cant .

So my intentions were good, only perhaps a bit clumsy, but i wrote it when i was in bed already and almost sleeping. Hope this is btw the same Marc Walther, but it seems it is. So i should have said i am suspicious against him or something. Also it could be a case of just sheer incompetence of M. Walther that everything he touche goes sour, but i dont believe in that coincidence.

Hope to have informed you a bit better and note, it is my opinion and i could very well be very wrong and then i would own M. Walther a big apoligy , but i believe i am right by saying again: Stay away from companies where this man is (or even was) working.

Best Regards Greg

P.S. meant no harm here by making this guy looks bad, just wanted to warn people about him by telling my experience and that post (and probably this one as well) should better have been posted in the Bar and Grill thread perhaps.

Great Greg.

I used your links to dig deeper, Thanks.

I think I did in fact find the link between your Marc Walther and the one at ACII, Marc Walther @ ACII also owned an abrasives company in Michigan. This was in the new hire article for HydroGenetics, Inc.

"Throughout the years, Mr. Walther has held titles such as President, CEO, CFO & Chairman of the Board. He has extensive experience in moving technologies from proof in concept to commercial utilization. He also held the title of President of the Abrasive Engineering Society of Detroit. He has owned and operated manufacturing plants in both the United States and Canada and has over 30 years of entrepreneurial management experience in all aspects of the distribution and metal machining industry. He is known for being an innovative leader who is results oriented."

That seems to connect them. I also remember a company we debunked several months ago on LVS about running vehicles on water (Hydrogen Generators) Is this the same one or are there two.

The other was also a scam. So I wonder if this HydroGenetics, Inc is connected?

Either way I now need to look back at ACII as Americhip International was by all appearances legit. I wonder what role Walther played in the demise.

Now other than attempting to take over this company I do not see where Walther had much to do with their operations as he was there for only about six months or so. I want to follow this Soap Opera further!

Again, thanks for helping me connect the dots. We always want to insure we are talking about the same individuals when we negatively post.

[trants4md]

I am still looking into M.Walther and found yesterday this article about XYNH and i suspect a pump and dump play being started here:
XYNH - XYNERGY HOLDINGS INC - Google Finance -> Xynergy Holdings Announces Breakthrough Results for Hydro X Assist(TM) Technology

As i still own some of their shares, i wouldnt mind. But i am getting nowhere near a good conclusion for myself here; is it real and solid or not?

would love to get some input from you about this if possible,

Greets greg

Hey Greg,

I also suspect that company needs very close scrutiny. And we did connect Walthers to being "one in the same."

I cannot say he was overly connected to a PUMP & DUMP as he was there and gone quickly and some other $$$$$$$$ went on while he WAS THERE!

I will look closer but at first blush, They are less than desirable as an investment.

Anyone else want to help with XYNH please chime in!