Welcome to our dedicated page for Access-Power &Amp Co news (Ticker: ACCR), a resource for investors and traders seeking the latest updates and insights on Access-Power &Amp Co stock.
Access Power & Co., Inc. (ACCR) issues frequent updates about its corporate strategy, regulatory milestones, and the development of its operating subsidiaries, with a recent emphasis on the Racks Billiards Sports Bar and Grill brand. News coverage highlights how the company presents itself as a diversified holding company pursuing growth through acquisitions and brand expansion.
A key theme in recent releases is the expansion of Racks Billiards as a family-oriented sports entertainment and billiards venue in Florida. Company news details its growing partnership with the American Poolplayers Association (APA), under which Racks Billiards is described as a host venue for league championships, qualifier events, and major regional tournaments. These updates outline expectations for increased customer traffic, enhanced brand visibility, and additional revenue opportunities from event hosting, food and beverage sales, merchandise, and sponsorship activity.
Earlier news items focus on Access-Power & Co., Inc.’s efforts to complete PCAOB audits, re-file Form 10 with the SEC, and achieve current information status on OTC Markets. Press releases discuss the engagement of PCAOB-registered auditors and legal counsel, as well as the company’s characterization of these steps as important milestones in its corporate history.
Investors and followers of ACCR can use this news feed to review the company’s own descriptions of its evolving business focus, including the growth of Racks Billiards and historical references to other strategic directions. Regularly reviewing these announcements can help readers understand how Access Power & Co., Inc. communicates its plans, partnerships, and regulatory progress over time.
Access Power & Co. (OTCID:ACCR) announced an expanded partnership between its Racks Billiards brand and the American Poolplayers Association (APA) to make Racks a preferred regional host for major APA tournaments.
The move positions Racks to host league championships, qualifier events, and large competitive tournaments, aiming to increase customer traffic, brand visibility, and revenue streams from event hosting, food and beverage, merchandise, and sponsorships.
Access Power & Co (OTC: ACCR) announced it has completed the acquisition of a second location for RACKS BILLIARDS and received FINRA clearance of its 15c2-11 filing, restoring the company to being 100% current. RACKS BILLIARDS, founded in 2016 and headquartered in Sanford, FL, operates billiards, pool leagues (USAPL and APA), live-streamed sports events, a scratch-kitchen menu, and venue amenities including 22 Diamond professional tables and 6 dart boards.
The company says construction permitting is underway for the new site and it plans to open additional locations within the next year as part of an aggressive growth strategy. Management and service-provider updates are expected to follow.
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.
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