OTC Bulletin Board S & P Company Insight for ALTERNATIVE CONS TEC
Profile
	Business Summary: Alternative Construction Technologies, Inc. engages in the research, development, and marketing of proprietary products for the construction industry in the United States.   Address   1900 South Harbor City Boulevard   Suite 315   Melbourne , FL 32901   Phone: 321-308-0834   Fax: 321-308-0320   Website: http://www.actechpanel.com Auditor   Liebman, Goldberg & Drogin   Garden City , NY Transfer Agent   Madison Stock Transfer Inc. Employees:  30 ShareHolders:  550 Founded:  2004 Domicile:  Florida
Background
	Alternative Construction Technologies, Inc. engages in the research, development, and marketing of proprietary products for the construction industry in the United States. It manufactures and distributes patented, galvanized-steel, and interlocking structural insulated panels (SIPs), which are used in various facets of the construction industry. The company offers the ACTech Panel System, a SIP system used as an alternative to conventional materials, such as lumber and bricks; and patented in-house safe rooms under the `Universal Safe Room' trade mark, which are used for the protection of valuables in the event of weather disasters or home intrusions, as well as . Alternative Construction Technologies provides its products and services primarily to builders, developers, and end users. It also offers various consulting, architectural, and engineering design services. The company was founded in 1997. It was formerly known as Alternative Construction Company, Inc. and changed its name to Alternative Construction Technologies, Inc. in 2007. Alternative Construction Technologies is headquartered in Melbourne, Florida. History:  INCORPORATED in Florida Oct. 26, 2004. On Jan. 21, 2005, the company acquired Alternative Construction Technologies Corp., selected assets of Quality Metal Systems, LLC and certain patents. Name changed from Alternative Construction Company, Inc. to Alternative Construction Technologies, Inc. Jan. 15, 2008. Alternative Construction Technologies Corp. was incorporated in Delaware in 1997.   Subsidiaries: Alternative Construction Technologies Corporation ProSteel Builders Corporation Universal Safe Structures, Inc.
Management
	Management Officers Position  Anthony J. Francel Chairman & Chief Executive Officer  John S. Wittler Chief Financial Officer & Chief Accounting Officer  Thomas G. Amon Secretary & General Counsel  A. J. Francel Investor Relations Contact Directors  Thomas G. Amon  Anthony J. Francel  Bruce  Harman  Bruce  Harmon  Michael W. Hawkins  Willis  Kilpatrick, Jr.  Todd  Ktachuk  Jerry  Paul
Annual Report
	Annual Report   Income Statement   2007 2006 Sales $12,960,008 $8,634,349 Cost of Sales 8,585,310 7,330,809 Gross Profit 4,374,698 1,303,540 Operating Expenses 2,175,123 3,029,158 Income From Operations 2,199,575 (1,725,618) Other Income (Expense) (355,382) (367,448) Minority Interest in Subsidiaries 240,932 (53,772) Net Income $1,603,261 $(2,039,294) Net Income (Loss) Per Share: Basic $0.22 $(0.43) Diluted $0.14 $(0.16) Average shares 12,608,164 12,720,376   Balance Sheet   2007 2006 ASSETS Current Assets Cash $200,413 $16,700 Accounts Receivable, Net 1,750,542 438,711 Due from Factor, Net - 61,196 Inventory 1,477,112 480,617 Prepaid Expenses 959,365 115,139 Costs in Excess of Billings 265,403 - Total Current Assets 4,652,835 1,112,363 Property, Plant and Equipment, Net 3,167,726 3,113,689 Other Assets 1,462,500 - Goodwill 2,355,802 - Total Assets $11,638,863 $4,226,052 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Notes Payable, Current Portion $626,529 $447,448 Accounts Payable and Accrued Expenses 1,500,068 1,059,854 Accrued Payroll and Taxes 77,865 47,377 Capital Leases, Current Portion 26,705 21,942 Due to Shareholder 212,827 - Billings in Excess of Costs on Uncompleted Contracts - 50,771 Deferred Revenue 59,266 162,892 Total Current Liabilities 2,503,260 1,790,284 Notes Payable, Noncurrent Portion 4,449,549 460,150 Capital Leases, Noncurrent Portion 66,712 91,749 Minority Interest 31,223 (76,197) Stockholders' Equity Series A Convertible Preferred Stock, voting; $1.00 par value 1,500,000 1,500,000 Series B Convertible Preferred Stock, voting; $.0001 par value - 201 Series C Convertible Preferred Stock, voting; $.0001 par value 38 38 Common Stock, no par value Nil Nil Minority Interest in Subsidiaries - 400 Treasury Stock (1,999,799) - Subscriptions Receivable - (1,437,501) Additional Paid In Capital 5,911,565 4,323,874 Accumulated Deficit (823,685) (2,426,946) Total Stockholders' Equity 4,588,119 1,960,066 Total Liabilities and Stockholders' Equity $11,638,863 $4,226,052 Preferred Shares 1,877,358 3,887,358 Common Shares 7,968,561 6,732,405 Treasury Shares - Common 16,650 --
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2008   1 2,550,000   2008   2 1,510,000   2007   1 1,720,000   2007   2 4,000,000   2007   3 3,300,000   2007   4 3,940,000   2007   Full Year 12,960,000   2006   Full Year 8,600,000     Quarterly Net Income, US$ Year Quarter Revenue   2008   1 (110,000)   2008   2 (1,910,000)   2007   1 110,000   2007   2 530,000   2007   3 100,000   2007   4 870,000   2007   Full Year 1,600,000   2006   Full Year (2,039,000)   2005   Full Year (350,000)   2004   Full Year (890,000)   2003   Full Year (1,060,000)     Quarterly EPS, US$ Year Quarter Revenue   2008   1 (.01)   2008   2 (.18)   2007   1 .01   2007   2 .05   2007   3 .01   2007   4 .06   2007   Full Year .15   2006   Full Year (.23)
Stock Data
	Capitalization as of 12/31/2007:     Authorized Shares Outstanding Shares Common no par 100,000,000 7,951,911so1 Series A Convertible Preferred $1 par 1,500,000 1,500,000so2 Series C Convertible Preferred $0.0001 par 1,000,000 377,358so3 Series B Convertible Preferred $0.0001 par 3,500,000 None   LONG TERM DEBT: $4,516,261.   Common no par   Stockholders:  03/03/2008, 550. PRINCIPAL STOCKHOLDERS: December 31, 2007, Michael W. Hawkins owned or controlled 14.3% of the Common, Paul Janssens 12.7% and Thomas Amon 5.8%.   Transfer Agent:  Madison Stock Transfer Inc.   Brooklyn , NY   OTC Bulletin Board( Primary): ACCY   Exchange Year High Low OTC Bulletin Board 2007 8.2500 3.5000   DIVIDENDS: Common no par: No cash.       so1Excl. 16,650 in treas.   so2Closely held. Convertible into Common on a share-for-share basis.   so3Closely held. Convertible into Common on a share-for-share basis.