valuation

There is finally some positive action with ACU.
Increased share trading volume, rising price and new significant holders.

No announcements to the outsiders aka shareholders.

A hidden value of ACU is waiting to be extracted, it is the Deferred Tax Asset � tax loss carry-forward (accumulated losses).

The value of these losses can be estimated as follows:

Current tax rate times the accumulated tax loss (FY 2010): 30 % x 57,143,921 = $17M

Market Cap at $0.004 per share is $7M.

It will be interesting to see what the new directors bring to the table.