Symbol:  Markets Quote Level II Charts News Filings Streamer

American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Business Summary: American Commerce Solutions, Inc., through its subsidiaries, provides specialized machining services for the heavy industry; and manufactures motorcycle trailers with fiberglass bodies primarily in the United States. It operates in two segments, Manufacturing and Fiberglass.   Address   1400 Chamber Drive   Bartow , FL 33830   Phone: 863-533-0326   Fax: 863-533-0327   Website: http://www.aacssymbol.com Transfer Agent   Jersey Transfer & Trust Co. Employees:  24 ShareHolders:  1204 Founded:  1991 Domicile:  Delaware      S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version American Commerce Solutions, Inc., through its subsidiaries, provides specialized machining services for the heavy industry; and manufactures motorcycle trailers with fiberglass bodies primarily in the United States. It operates in two segments, Manufacturing and Fiberglass. The Manufacturing segment offers specialized machining of components and machinery repair to industries, such as aerospace, agricultural processing, chemical, defense, mining, maritime, and power generation. This segment also offers heavy equipment service, which includes repair and bonded rebuilds of engines, tracks, undercarriages, transmissions, final drives, and hydraulic systems on heavy equipment from the heavy construction industry, including bulldozers, scrapers, loaders, excavators, tractors, and rollers; and sells used equipment. In addition, it sells replacement parts to the heavy equipment market, directly to the end user. The Fiberglass segment produces and sells a line of fiberglass trailers for the transportation of motorcycles, ATVs, personal watercraft, small vehicles, vending, mobile fiber optic workstations, utility, and other specialized applications. Its trailers are available in both open and enclosed configurations, as well as with optional features, such as custom interiors and sleeper options. This segment also provides non warranty repairs and modification of existing trailers. The company, formerly known as JD American Workwear, Inc., was founded in 1991 and is based in Bartow, Florida. History:  INCORPORATED in Delaware Jan. 19, 1994, under the name Jaque DuBois, Inc. to merge a Rhode Island company of the same name (Predecessor) in 1994, on the basis of each Predecessor Common share being exchanged for 1,000 Common shares of the company. Name changed to JD American Workwear, Inc. July 11, 1995; and to American Commerce Solutions, Inc. Jan. 1, 2001. Predecessor was incorporated May 1, 1991. In June 2000, completed the acquisition of Patina Corp. and its subsidiary, International Machine and Welding, for $4,500,000. The acquisition was funded by 9,800 Ser. C Conv. Preferred shares. Also in June 2000, acquired Rhode Island Truck and Equipment Corp. for 200,000 Common shares, in a transaction valued at about $200,000.   Subsidiaries: International Machine and Welding, Inc.     Capital Expenditures, thousand. US Dollars   Year   Amount   2007   78   2006   113   2005   77        S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Management Officers Position  Robert E. Maxwell Chairman  Daniel L. Hefner President & Chief Executive Officer  Frank D. Puissegur Chief Financial Officer & Chief Accounting Officer  Steven D. Smith Exec VP Directors  Daniel L. Hefner  Robert E. Maxwell  Andrew  Mueller  Frank D. Puissegur      S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version   Capitalization as of 02/28/2007:     Authorized Shares Outstanding Shares Common $0.002 par 350,000,000 239,539,317so1 Preferred $0.001 par 5,000,000 4,046so2   LONG TERM DEBT: $748,037.   Common $0.002 par   Stockholders:  02/28/2007, 1204. PRINCIPAL STOCKHOLDERS: February 28, 2007, Robert E. Maxwell owned or controlled 29.6% of the Common.   Transfer Agent:  Jersey Transfer & Trust Co.   Verona , NJ   OTC Bulletin Board( Primary): AACS   Exchange Year High Low OTC Bulletin Board 2007 0.0200 0.0000 OTC Bulletin Board 2006 0.0270 0.0070 OTC Bulletin Board 2005 0.0350 0.0130 OTC Bulletin Board 2004 0.0430 0.0021 OTC Bulletin Board 2003 0.0800 0.0100 OTC Bulletin Board 2002 0.3100 0.0300 OTC Bulletin Board 2001 1.5000 0.0500 Over The Counter 2000 1.2500 0.0010 OTC Bulletin Board 1999 4.1875 1.3125 OTC Bulletin Board 1998 5.5000 2.8750   DIVIDENDS: Common $0.002 par: None.       so1Incl. shares in treas.   so2Closely held. Consists of 102 shares of Series A (liquidation preference, $376,125) and 3,944 shares of Series B (liquidation preference, $3,944,617). Each share of Series A is convertible into 1,289 Common shares. Each share of Series B is convertible into 1,000 Common shares.    S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Annual Report   Income Statement   2008 2007 Net sales $2,850,768 $2,351,288 Cost of goods sold 1,637,314 1,511,995 Gross profit 1,213,454 839,293 Selling, general and administrative expenses 2,057,215 2,151,609 Loss from operations (843,761) (1,312,316) Other (expense) income: Other 707 12,239 Interest expense (193,192) (150,311) Total other (expense) income (192,485) (138,072) Net loss $(1,036,246) $(1,450,388) Net loss per common share $(0.00) $(0.01) Weighted average number of common shares outstanding 249,565,938 237,735,752 Operating Income As Calculated Depr. and Amort. Fixed Charges Coverage: Available for Fixed Charges Gross Fixed Charges Fixed Charges Times Earnings Fixed Charges Coverages and Preferred Dividends Times Earnings Capital Expenditures Research & Development Expenditures   Balance Sheet   2008 Assets Current assets: Cash $6,461 Accounts receivable, net of allowance of $1,328 36,260 Accounts receivable, factored 57,104 Inventories 210,096 Other receivables 47,123 Other current assets 39,699 Total current assets 396,743 Property and equipment, net of accumulated depreciation of $2,630,808 4,702,248 Intangible assets, net of accumulated amortization of $166,778 23,222 * $5,122,213 Liabilities and Stockholders? Equity Current liabilities: Current portion of notes payable $1,349,377 Current portion of notes payable, related party 591,336 Bank overdraft 6,571 Accounts payable; including related party balances of $216,158 507,290 Accrued expenses 178,377 Accrued interest 208,456 Deferred revenue 116,655 Total current liabilities 2,958,062 Notes payable, net of current portion 44,867 Due to stockholders 1,075,110 Total Liabilities 4,078,039 Stockholders? equity: Preferred stock, total authorized 5,000,000 shares: Series A; cumulative and convertible; $.001 par value; 600 shares authorized; 102 shares issued and outstanding; liquidating preference $376,125 Series B; cumulative and convertible; $.001 par value; 3,950 shares authorized; 3,944 shares issued and outstanding; liquidating preference $3,944,617 3 Common stock; $.002 par value; 350,000,000 shares authorized; 251,272,293 shares issued; 250,750,293 shares outstanding 502,545 Additional paid-in capital 19,068,088 Stock subscription receivable (10,000) Treasury stock, at cost (265,526) Accumulated deficit (18,250,936) Total stockholders? equity 1,044,174 * $5,122,213 Net Working Capital Equity per Share Depr. and Amort. Reserve Preferred Shares Issued Common Shares Issued Treasury Shares - Preferred Treasury Shares - Common      S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Interim Report      Data Not Available            S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Pro Forma Report      Data Not Available            S & P Disclaimer   American Commerce Solutions, Inc. Symbol:  AACS Click here for a printable version Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2008   1 770,000   2008   2 660,000   2008   3 770,000   2008   4 650,000   2008   Full Year 2,850,000   2007   1 650,000   2007   2 540,000   2007   3 560,000   2007   Full Year 2,350,000   2006   1 650,000   2006   2 670,000   2006   3 490,000   2006   Full Year 2,300,000   2005   1 650,000   2005   2 780,000   2005   3 740,000   2005   Full Year 2,750,000   2004   1 470,000   2004   2 430,000   2004   3 490,000   2004   Full Year 2,100,000   2003   1 520,000   2003   2 610,000   2003   3 650,000   2003   Full Year 2,210,000     Quarterly Net Income, US$ Year Quarter Revenue   2007   1 (290,000)   2007   2 (260,000)   2007   3 (210,000)   2007   4 (270,000)   2007   Full Year (1,450,400)   2006   1 (330,000)   2006   2 (370,000)   2006   3 (380,000)   2006   Full Year (922,400)   2005   1 (290,000)   2005   2 (140,000)   2005   3 (190,000)   2005   Full Year (1,278,900)   2004   1 (340,000)   2004   2 (390,000)   2004   3 (390,000)   2004   Full Year (1,644,100)   2003   1 (250,000)   2003   2 (530,000)   2003   3 (500,000)   2003   Full Year (347,900)     Quarterly EPS, US$ Year Quarter Revenue   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   4 Nil   2008   Full Year Nil   2007   1 Nil   2007   2 Nil   2007   3 Nil   2007   Full Year (.01)   2006   1 Nil   2006   2 Nil   2006   3 Nil   2006   Full Year Nil   2005   1 Nil   2005   2 Nil   2005   3 Nil   2005   Full Year (.01)   2004   1 (.01)   2004   2 (.01)   2004   3 (.01)   2004   Full Year (.02)   2003   1 (.03)   2003   2 (.01)   2003   3 .04   2003   Full Year (.02)      S & P Disclaimer