American Heritage International Inc. (NASDAQOTCBB:AHII)

CAPS Rating: No stars


Player Avatar jed71 (44.07) Submitted: 3/17/2014 1:35:33 PM : Underperform Start Price: $1.43 AHII Score: +102.94

I expect to be losing point on this one for awhile (at least a month). So those of you with good scores, beware of this one. This looks to be right at the beginning of the pump, so I expect this is going higher as more press releases come out and more penny stock sites get ahold of it. In fact, I'd be surprised if I am not down 100 points on this within a few weeks. This is NOT a suggestion that anyone reading this buy it in real life and take the enormous risk that comes with a pumped stock.

I expect there are more than a few pumpers who are aware of this one already as I am seeing both the PR releases and the promotions on penny sites increase substantially. This stock is the same sort of shell merger I have been pitching over the past few weeks. The article below does a good job laying out the huge risks associated with this stub.

Some snippets from the article (in case you don't have time to read the entire thing):

"Up until August 2013, AHII went by the name Cumberland Hills Ltd. The ticker symbol was different and so was the business plan. Cumberland were trying to make a name for themselves by buying raw paper products and reselling them to recycling companies. They managed to register some revenues from this business, but profitability was nothing but a distant dream and so, six months ago, they decided to try a different strategy."

So now the company has acquired an e-cigarette company that has very little revenues and nearly no assets. The business plan for the recycling company was just ceased in a recent 8K and the new business plan for e-cigarette products adopted.

Market Cap : $141MM
Cash: $13K
Total assets: $63K
Total liabilities: $76K
Quarterly loss: $46K
Shares Outstanding: 99MM

A final copy and paste from the article above:

"AHII‘s credibility also isn’t helped by the fact that the company CEO, Anthony Sarvucci, is at the helm of another enterprise called Pacific Oil Co. f/k/a/ Kat Racing, Inc. (OTCMKTS:POIL) – a limited information penny stock that has just $820 in assets. POIL has been in the paid promoters’ sights for the last month or so and that brings us on to AHII‘s biggest problem – it’s being pumped as well."

I spent a little time verifying the information in the article above in the 8K and recent 10Q but it became an obvious downthumb pretty quickly. Buyer Beware.

Report this Post 3 Replies
Member Avatar FoolTheRest (99.91) Submitted: 3/17/2014 2:21:45 PM
Recs: 0

That is pretty much how I see it. Looks like you got your pick in...CAPS is still waiting on a starting price for me.

Member Avatar jed71 (44.07) Submitted: 3/17/2014 2:47:12 PM
Recs: 0

Sorry, FooltheRest, I hate it when that happens. Here's hoping you get your pick in!!!!

Member Avatar TSIF (99.96) Submitted: 3/17/2014 3:28:59 PM
Recs: 0

Mine kicked in pretty much immediately. You can't get greedy with the ones added. If they don't meet the volume/market requirements they won't be pickable the day after they are added. The CAPS calculator seems more restrictive than mine....

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