Substantial Flying Inventory: L Intercontinental Pcs, Inc. The Following DELL?

L International Personal computers, Inc. is a publicly traded organization on the pink sheets below inventory symbol LITL. According to a latest push launch, the organization styles, manufactures, markets and distributes high-general performance, opulent Computer system/Windows© notebook, desktop, workstation and server computer systems.

More, the enterprise states it also generates the major and most magnificent private & expert visual shows as properly as ultra-large functionality application, peripherals, and private electronics technologies.

They declare to be the “complete and no-contest maximum general performance/higher-course hardware alternatives

service provider, at any given value place”. Could they could be the following Dell?

On August 10th, 2006 the inventory of L Intercontinental Pcs, Inc. shut at $.29 with no volume. On August 31st, 2006 the stock traded as high as $1.85 and shut at $1.40 on more than 10 million shares.

Why all the investor exhilaration?

a) A push release issued on September 1, 2006 announces its upcoming-era PuRam-Go™/PuRaid™ Extremely-Transportable Superior-Pace Stable State Push Engineering.

b) A press launch issued on August 30, 2006 announces the Metropolis as the World’s To start with 19 Laptop computer Laptop or computer Showcasing Nvidia’s Quad-SLI Technology High-Conclude Graphics, Gaming and Specialist Visual Computing to Be Freed from the Desktop Box.

c) A press release issued on August 23, 2006 declared that L Intercontinental Indicators $45m European Distribution Settlement Breakthrough Deal Solidifies Corporate Global Marketing and Product sales Tactics.

Good push releases, but is there any material? Possibly buyers should really be centered on the following goods:

a) According to various trade journals and articles or blog posts, the business originally launched its systems in 2003. We have been not able to obtain any economic statements indicating their sales, income or losses considering that that time. The enterprise states it will launch monetary statements sometime for the duration of the subsequent few months. As a pink sheet business, they are underneath no obligation to offer investors with updated or accurate info.

b) In an short article revealed on October 14, 2004, the enterprise was quoted as declaring: “We are no for a longer time in a situation, from a economic standpoint, to go on carrying out business and are regrettably forced to suspend our functions and liquidate our property in support of our money duties.”

c) In a connect with created to the firm before now, the company acknowledged that it experienced shut promoting down about 8 months in the past due to technology upgrades and plans to re-open up in about three to 4 months.

d) Who is Microscan Global? They allegedly positioned a $45 million purchase to acquire item from L Intercontinental. Nevertheless, a speedy google.com lookup yields definitely almost nothing about them, not even a web site.

e) Though the enterprise states that it manufactures its possess systems with personnel functioning from its company headquarters, it seems that the handle of record is in fact a mail box at The UPS Retail store in Santa Barbara, California.

f) The inventory of L Global Computer systems, Inc is traded on the Pink Sheets and has been actively promoted by means of inventory spam. Interestingly, a message posted by Pink Sheets LLC on PinkSheets.com signifies that they have removed inventory prices from their web page right up until the enterprise makes present information offered to the investing community. Moreover, they counsel that investors use care and thanks diligence in their financial investment choices as companies that interact in marketing actions with out giving ample latest info are normally the subject matter of fraudulent exercise.

The organization studies there are about 100 million shares remarkable. Is this corporation worth $150 million? Traders beware.