Acacia Diversified Holdings Inc (fka ACCA)

[buccaneer1961]

Lol somebody buying this???? Why?

[buccaneer1961]

I hope he is exposed

[billy28227047]

It is very sad.

I really do wonder where all that money went with the PPP loans. I wonder if the Plaintiffs in the case will bring up in the court hearings. Would be valid considering Synrgy and Acembly both received the loans and are now filing for bankruptcy. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163754702

[buccaneer1961]

I think it's over too

[billy28227047]

buccaneer1961 -> From my understanding, Acembly was the only company that could have been bringing in any kind of income. But as we see now, bankruptcy is telling a dark secret. Considering Jeff is in this legal bind, Acembly/SNGY seems shot at this time, ACCA not holding anything, and the SEC deadline for starting filings, sadly I think it is very safe to believe that ACCA will not be getting up to date and will probably be on SEC's chopping block.

[buccaneer1961]

Me too...meanwhile he really needs to get those filings caught up...the sec won't play

[billy28227047]

Hey buccaneer1961 -> It is not a withdrawal. The plaintiffs ADDED Sean Raymond Bozarth to their council with the "Notice of Appearance or Withdrawal" in the court case. I assume the newly added council the plaintiffs brought onboard has a specialty area or something that they are needing. Maybe has something to do with Jeff filing the bankruptcies? Someone should look up this lawyer and see what is area is in or look at the reason indicated in the G-123 Notice filed.


Additionally, looks like the plaintiffs also filed "STATEMENT REGARDING INAPPLICABILITY OF BANKRUPTCY STAY TO DEFENDANTS JEFF BEARDEN AND B&D CONSULTING, LLC". The plaintiffs are saying to the court the bankruptcies irrelevance to the matter at hand. I guess there is something the plaintiffs really want back from their old company Acembly (Technology? Name? customers?) or they are going to take the issues financially out on Jeff directly or his other companies listed (B&D?).


P3 Partners was taken out of the case awhile back (3/30/2021) as the owner proved he had no hand in the matter. And that Jeff was acting on his own accord and incorrectly mixed P3 name into the matter. So, the plaintiffs can not go after P3. Did anyone ever confirm if Jeff was fired or still working at P3?


Not sure What the plaintiffs are wanting from a list of dead private companies and empty shells. I will be curious to see how the case proceeds for the plaintiffs.

[billy28227047]

Notice of bankruptcy was for SNGY and Acembly. Not ACCA, lets be clear on that as not to confuse anyone watching this. Does anyone have any links to the actual bankruptcies by Jeff for any of his companies?

So, from my understanding he had Synrgy corp on paper that the engineers were working under. Then he also had "Synrgy corp" shell that he was going to reverse merge Synrgy corp into. But I never seen any evidence of it being done. From my understanding, after Jeff bought Acembly in Cali, he was going to reverse merge Acembly into the SNGY shell. Without additional info on the bankruptcies, I think he is/has only filed bankruptcy for Acembly and the SNGY shell.

I think that Jeff is killing anything that was touching Acembly as another person pointed out as possibly being scorched earth tactics in response to the lawsuit. Or could it possibly have something to do with the Covid Small Business loans he took out? (Unable to pay them back?)

[buccaneer1961]

New filing. Hit today..notice of withdrawal of council

[buccaneer1961]

Lol

[PhenixBleu]

So much for his deep pockets lol...

[buccaneer1961]

Bk filed today

[buccaneer1961]

Notice of bankruptcy filed by defendants. ACCA and sngy

[buccaneer1961]

A new docket update just now

[buccaneer1961]

OH,OK WELL WHATS THE CHANCES JEFF GETS CURRENT AT All with grnf or acca? he should sell and get lost...darn caps on

[billy28227047]

The Judge said the court has no jurisdiction over the deal "reached" by the plaintiffs and Jeff outside of court. Meaning the court could not force Jeff to keep up his end of the deal.

So, because the plaintiffs never stopped the court case after the "deal", they are able to keep the case going. Which is lucky for them I guess.

Now, Monday is only a "per-trial conference". The judge could look at the facts + the deal reached and cancel the actual trial. Or most likely, the Judge will allow it to proceed as previously scheduled.

[buccaneer1961]

I thought the courts ruled they have no jurisdiction?

[billy28227047]

As PhenixBleu pointed out, looks like the original court case pre-trial is going to move forward as if no deal has been reached. Which is valid from the sound of things, Jeff apparently already broke the deal supposedly. So, I guess we are back to watching things pre-deal.

[PhenixBleu]

Back on the original judge's docket. Pretrial date.

[buccaneer1961]

Another docket update

[Team S4]

Hey Bucc. I am surprised to see that you are still here. Do you still believe in ACCA? A run for the Buck?

[buccaneer1961]

Ok intresting

[PhenixBleu]

The Court didn't rule on the claims. They reiterated they don't want further involvement.

[buccaneer1961]

So..its in Jeffries favor?

[PhenixBleu]

ExParte Motion was denied. New Judge defers to prior Order declining jurisdiction.

[buccaneer1961]

Another docket update

[buccaneer1961]

Jeffery....come on maaaaannnnn

[billy28227047]

So, unless I am reading this wrong, we see that the Plaintiffs have filed a "Ex Parte Application". Because they are saying Jeff violated court order in regards to the issuance of the settlement bond. The plaintiffs are saying Jeff already screwed up? Who would have seen that coming?

On a serious note though, has anyone looked at the supporting documents yet that were submitted by both sides. Should be some interesting info there. Maybe some info on the settlement agreement?

https://legal-dictionary.thefreedictionary.com/Ex+parte+application

[buccaneer1961]

3 more filings today

[buccaneer1961]

Oh ok intresting

[PhenixBleu]

There is no pre-trial conference at this time. The filed Ex Parte Motion is before a new Judge.

The last Judge ordered them to settle or go to trial. They settled and the Judge removed himself from Jurisdiction. He refused to ensure the agreement was followed.

Back to Square One. Jeff knows the former Judge isn't hovering over him. He's running out of time to save this ticker from suspension.

[buccaneer1961]

Why have pretrial confrance if they have no jurisdiction?

[PhenixBleu]

Very interesting. The case isn't active. Judge accepted the Settlement Agreement and stated he no longer had jurisdiction.

Here's the quote from that filing.

07/20/2021
MINUTE ORDER IN CHAMBERS by Judge Stephen V. Wilson re: Notice of Settlement 59. The notice requests that this Court retain jurisdiction to enforce the settlement agreement. The Court declines to retain jurisdiction. The parties are directed to file a stipulation to dismiss or proceed to trial. (Jury Trial continued to 8/17/2021 at 09:00 AM before Judge Stephen V. Wilson. Pretrial Conference continued to 8/9/2021 at 03:00 PM before Judge Stephen V. Wilson.) (mrgo)

Pacer
https://www.pacermonitor.com/public/case/37594863/Patrick_Kennedy_et_al_v_Jeff_Bearden_et_al

[buccaneer1961]

Intresting

[buccaneer1961]

9 new filings docket updates!

[billy28227047]

OilRush -> I very much appreciate your insight. And I can not argue with your view and do hope you the best outcome as possible. I would just say, make sure you keep watching the lawsuit as it is your only view into anything with this ticker (even though it is not so much "directly" related).



As a side note to the group. Can anyone confirm a current location for Jeff? I see a new address popping up more for Jeffrey Dwight Bearden recently in my google searches (Tylertown, MS). Though it would explain why no one has been able to contact him at Silverspring MD address.


One of the many places where it pops up. But kinda amazing the amount of info the internet holds of everyone.

https://www.fastpeoplesearch.com/jeffery-bearden_id_G-8804654278964901818

[OilRush]

Billy, I'm still holding a significant position. Some of the reasons are Geneva didn't give money out without a convincing business plan or collateral, Jeff is not broke and this shell has incredible potential. I will hold even if SEC pulls trading on this ticker which I believe will be temporary. I have both time and patience.

[billy28227047]

OilRush -> So, it sounds like you are still holding. Let met ask this if I may. Are you still holding hoping for a miracle outcome as you stated in a post early last month? What would it take or force you to pull back from the stock at this point?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164340740


I guess this is a good question for anyone still holding. What has you still holding?

Additionally, it has been 15 days since a "settlement" was reached. but yet the plaintiffs have yet to submit to the court whether they want to dismiss or proceed with the court case. To me, that seems like there is some unfinished business or plaintiffs are not sure if Jeff could even hold up his even of the supposed agreed settlement. Hence why they are requesting the court to enforce the agreement.

[billy28227047]

OilRush -> I can only believe that it has to do with a comeback mentality, hoping for a miracle in the field of dreams.

I do know 2 people that are holding because they are holding for complete loss or miracle ending. Letting the system decide for them. outside of that, I do not know. Maybe big holders that bought and forgot? or not watching? Know something that we do not here. Who knows.

While I have been out, I have just been using the opportunity to watch and learn from this. Along the way posting the info that I discovered from digging into things.

As the old saying goes, you can lead a horse to water, but you can not make it drink. With every investment, its up to the people to make their own decisions. It probably wouldn't matter what anyone posted up at this time.

[billy28227047]

Sadly, not meant to be funny. Just wanting to give a visual to the seriousness your previous statement. Some people just do not understand the seriousness of the words posted here.

[OilRush]

If Jeff is broke and no access to banking, why has there been not a massive share sale by now?

[OilRush]

If Jeff is broke and no access to banking, why has there been not a massive share sale by now?

[PhenixBleu]

Well done! LMAO!!! Only thing that can save this ticker is the 2020 10-K that requires full disclosure of what he may not want to disclose.

[billy28227047]

https://media.giphy.com/media/RguA7KKqOwShcLDHra/source.mp4

[PhenixBleu]

The SEC filing deadline is September 28. Buys will be cut off August 13 if he doesn't file. Selling after September 28 could be near impossible.

[billy28227047]

OilRush -> I would agree with PhenixBleu on his view.

From what we do know, Jeff has 2 failed business over the past 15 years or more (B&D and Synrgy).

He has 2 shells (ACCA and Synrgy)that he cannot even pay to keep current.

He had to borrow money from the bank to start ORCIM Financial Holdings that holds the ACCA shell.

The court case shows he failed to fund Acembly and the bottom dropped out.

The past court cases on public record show many high dollar cases against him. https://casesearch.courts.state.md.us/casesearch/


There are smart business people that separate business and personal. Where they will get others to fund their business adventures. But in this case, a picture of everyone backing away from Jeff has been painted. When banks will not even touch him, you have to ask why.


Maybe I am wrong. If anyone has info saying another side, I am all ears. I am still trying to wonder what Jeff is paying his legal counsel with.

[PhenixBleu]

I don't have that info. His bank cut him off as he sought money to keep his latest project afloat. There was a prior post noting his questionable background. The court files paint him in a negative light, too.

[OilRush]

Does anyone know what Jeff's net worth is? I suspect he's not broke because this is not his first rodeo.

[billy28227047]

Interesting. I will have to watch that.

[PhenixBleu]

I watched the share structure and no change was reported after that selling.