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Access-Power & Co., Inc. (ACCR) announced that it expects to complete its PCAOB audit by April 2, 2021, followed by a Form 10 filing with the SEC. With this completion, the company aims to transition to OTC Market’s CURRENT INFORMATION by June 1, 2021. The Director, Patrick J Jensen, expressed pride in overcoming challenges over 20 years, including a toxic financial situation and legal battles with the SEC. The company emphasizes no promotion, dilution, or insider dumping, while remaining cautious about the inherent risks of investing in their stock.
Access-Power & Co., Inc. (ACCR) announced that its PCAOB auditor, Ben Borgers, will complete the company's total approval and regulatory submission by April 2, 2021. Patrick J. Jensen, the company's Sole Director, expressed confidence in this timeline. The company plans to file FORM 10 and have PCAOB audited financial statements attached to future 10Q filings with the SEC. However, the release warns of substantial risks associated with investing in the company's securities due to market volatility and potential financial losses.
Access-Power & Co. (ACCR) announces confirmed commitments from its PCAOB auditor and Chief Legal Counsel, signaling progress towards full registration with the SEC. The re-application process for FORM 10 is projected to take 60 days. Patrick J. Jensen, Director, emphasized the company’s adherence to legal standards, assuring shareholders of no dilution during this period. However, potential investors are cautioned about significant risks associated with the company's securities, which may impact operating results and market price.
Access-Power & Co. (ACCR) has announced the removal of Stacey Bolin as Corporate Secretary due to conflicts with the Board of Directors. The Company is actively preparing its FORM 10 filing, expected to be completed in 2-3 weeks, which will transition ACCR to OTC CURRENT REPORTING status. Upon filing, the effective date with the SEC will be 60 days. The update aims to eliminate the Red Stop Sign at OTC Markets and improve market standing while acknowledging various risk factors associated with the investment.
Access-Power & Co., Inc. (ACCR) has announced the termination of Chief Legal Counsel Stacey Bolin over a conflict regarding share compensation. The company's sole Director, Patrick J. Jensen, expressed dissatisfaction with the situation, reaffirming the original agreement of a $1 salary and moving incentives. Meanwhile, ACCR reports nearing completion of PCAOB audit, anticipating a FORM 10 filing in 2-3 weeks to attain OTC CURRENT REPORTING status. The press release warned investors of significant risks associated with the company and emphasized careful consideration of various risk factors before investing.
Access-Power & Co., Inc. (ACCR) announced the hiring of Steve Mills and Stacey Bolin as Inside Officers, as stated by Director Patrick J Jensen. The company is currently undergoing a PCAOB audit, emphasizing their commitment to transparency and proper practices. Mills brings over 20 years of legal experience, while Bolin has a strong background in mergers and acquisitions. The press release highlights ongoing changes within ACCR and warns potential investors about high-risk factors related to investment in their securities, advising thorough consideration of risks before investing.
Access-Power & Co. (ACCR) has appointed Ben Borgers as its new PCAOB auditor, enhancing its financial oversight as it transitions into the international marijuana/hemp sector. Borgers brings over 15 years of public accounting experience, including forensic accounting with substantial public entities. The company confirmed that auditor fees will be covered from accumulated cash balances. ACCR's current share structure includes 300 million outstanding shares with Patrick holding 63%. The press release also highlights various risk factors that may affect future performance.
Access-Power & Co., Inc. (ACCR) is re-filing its FORM 10 with the SEC, aiming to comply with reporting requirements. During a discussion, Director Patrick Jensen confirmed plans for a potential merger with a large marijuana/hemp processing company, contingent on ACCR achieving current information tier status. Jensen, prioritizing family health, intends to step down as Director/CFO but remains a significant shareholder. The company acknowledges the risks involved in investments and emphasizes adherence to legal standards in its operations.
Access-Power & Co., Inc. (ACCR) reaffirms its commitment to new Securities Counsel Steve Mills as it evaluates its potential as a merger shell candidate. Director Patrick J. Jensen mentions discussions regarding the cancellation of restricted shares and plans to re-file FORM 10. ACCR identifies itself as a clean shell with a DTC float of 98,374,146 common shares and aims to enhance shareholder value. The company expects feedback from OTC Markets on its application for CURRENT INFO tier status while acknowledging various risk factors that may impact financial performance.
Access-Power & Co., Inc. (ACCR) has officially submitted documentation to OTC Markets for a venue change to the Pink Current Information tier. This re-application process may take around four weeks. CEO Patrick J Jensen expressed optimism about a merger presentation set for tomorrow by new Securities Counsel Steve Mills, who is expected to negotiate favorable terms for shareholders. The company emphasizes the importance of ongoing communication and transparency with shareholders. However, potential investment risks and uncertainties remain, which could significantly impact the company's financial performance.
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