AmeriChip International Inc. (ACII.OB) Receives Line of Credit from InStream Services
Patented technology company AmeriChip International Inc. (OTCBB: ACII) today announced it has secured an additional line of credit through InStream Services Inc. and its financial institution clients, which will allow the company further working capital. "We have been approved for this additional accounts receivable line of credit for an increase in production orders from General Motors from whom the company has received orders and requests for quotes for our LACC (Laser Assisted Chip Control) technology," Marc Walther, president and CEO of AmeriChip International stated in the press release. InStream, wholly-owned subsidiary of Hennessey Capital Solutions, uses its patent-pending Web-based technology…