BARTOW, FL -- (Marketwire) -- 10/07/08 -- American Commerce Solutions, Inc. (OTCBB: AACS)
yesterday posted the following letter from Daniel L. Hefner, President and
Chief Executive Officer on the company's website.
Hefner stated, "We are now ready to begin a conscious effort to bring
awareness of the opportunities presented by the undervaluation of our
common stock. The first step is to let our existing shareholders know our
plans. This is the beginning of a series of consequential announcements to
be released over the next few weeks. These difficult economic times on the
national scene will at the same time create opportunity for those that are
prepared. We expect to take advantage of several opportunities which have
been in negotiation for some time."
American Commerce Solutions, Inc. October 2008 From the Desk of Daniel L.
Hefner
Today, I am publishing this letter to break the silence and usher in a new
era for American Commerce Solutions, Inc. shareholders. I am excited to be
able to announce several consequential events for the immediate and near
future that will have long term benefits to all shareholders of record
date.
For many reasons American Commerce Solutions, Inc. has not been able to
implement its business plan effectively. It is not due to lack of effort!
We have entered into negotiations time and again for potential mergers and
acquisitions. We have had some successes and some failures, but all along
the way we have been diligent. We are building every day on our plans. We
are confident that perseverance, hard work, dedication and opportunity
eventually come together to produce success. Success is a measurement that
each must define by his own circumstance, but represents achievement,
accomplishment, victory or triumph.
Ultimate success is almost always preceded by disappointments and delays,
but never with quitting as an option. AACS has great expectation of
ultimate success. We have literally weathered the storms that caused almost
$1.5M in damage to our home office and IMW facilities, as well as the
economic storm that is caused by under capitalization and poor cash flow.
Quitting has never been an option.
Personal sacrifice is also a key element of ultimate success. Management
and labor alike have made the sacrifices required, over and over again. We
will continue to do so.
Patience has been the common denominator for employees, management and
shareholders alike. Great expectation has been the bond that holds us
together while we continue our journey to success and the resulting reward.
Every day, we fight the battles necessary to give us the anticipated
victory in the ongoing war. Today, as I write, I see a light on the
horizon.
The fourth quarter of 2008 is expected to be the beginning of a new era at
American Commerce Solutions, Inc. For several years we have been on a
parallel track with American Fiber Green Products, Inc.
(www.americanfibergreenproducts.com), as that company has sought to be
publicly traded. That goal was achieved with the help and support of
American Commerce Solutions, Inc. with approval on December 20, 2007 and
officially trading on May 2, 2008 under the symbol of AFBG.OB.
I expect that the benefits of the assistance given will be felt soon and
for a long time to come.
