International Machine and Welding, Inc. Releases Preliminary Results
15 3์ 2006 - 11:58PM
Business Wire
American Commerce Solutions, Inc. (OTCBB:AACS) today released
preliminary results of operations for IMW, its wholly owned
subsidiary, for the fourth quarter and year-ending February 28,
2006. Daniel L. Hefner, President and CEO of ACS reported, "Subject
to final adjustments and prior to completion of the year end audit,
the preliminary review of the company records indicates that
International Machine will not only be cash flow positive for the
fourth quarter, but will end the year profitable. We are proud of
the effort of the entire IMW team this year. Although revenue will
be down slightly, the quality was more important than the
quantity." Information about International Machine may be seen at
the company website, http://www.aacssymbol.com . The company's
other wholly owned subsidiary, Chariot Manufacturing Company, Inc.,
manufacturers of highly regarded fiberglass motorcycle trailers
maintains a website at http://www.chariot-trailer.com . ACS also
has a Strategic Partner relationship with American Fiber Green
Products, Inc. with presence at
http://www.americanfibergreenproducts.com . Safe Harbor Statement
under the Private Securities Litigation Reform Act of 1995: The
statements contained in this release that are not historical, are
forward-looking statements that are subject to risks and
uncertainties that could cause results to differ materially from
those expressed in the forward-looking statements, including but
not limited to, certain delays and risks detailed from time to time
in the company's filings with the Securities and Exchange
Commission.
American Commerce Soluti... (CE) (USOTC:AACS)
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American Commerce Soluti... (CE) (USOTC:AACS)
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