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Access-Power & Co. Inc. reports company developments tied to its operating-subsidiary strategy, with recent updates centered on Racks Billiards, a Florida sports bar, grill and billiards entertainment business. News themes include venue expansion in Central Florida, regional tournament hosting, league-play activity, food and beverage operations, sponsorship and merchandise opportunities, and partnerships with billiards organizations such as the APA and BCA. Company announcements also cover planned delivery-first food concepts, including Big Papa's Pizza and Wicked Wild Wings, as part of a broader effort to build operating brands around hospitality, entertainment and off-premise dining.
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.