Act Clean Technologies Inc. (fka ACLH)

[waqy1]

What ever came of this possible litigation?
Thank you

[amb_needs_miracle1]

I hope the company would offer their share holders an alternative pathway for recovery.

[Renee]

It means ACLH is no longer a symbol so any stock that is owned in Act Clean Technologies Inc. can no longer trade on any public venue.

If Act Clean Technologies Inc. is still in business it would now be a private company.

[amb_needs_miracle1]

Does that mean ACLH is no longer alive?

[Renee]

ACLH FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[MikeyInTheD]

Remember this one? I still have 71 shares and can't get them to go away from my Schwab account so I have to look at them every day. This company was the ultimate pump and dump. They had all these contracts with major oil companies for their patented technology and then the BP oil spill happened. They had the miracle chemical to clean up all that oil safely and were touting how they shipped millions of gallons of it directly to BP. Problem was everything I just typed was a lie from management.

[rocco2]

Just noticed, LOL i still own 99k shares.

[somethingtolose]

92,000 @ 0.0001
It is alive!

[money8547]

Whoa what happened does anybody know what's going on with this I just posted to my TD Ameritrade account for share that accurate if so I have not seen any news in regards to what's happening if anybody has any idea on a please post good luck here's hoping go clean

[24d]

damn, this one took a hit today. down 167,990,000% on the day according to tda

[waqy1]

What Do I do with all of my shares??

[Renee]

ACLH: DTCC: Please be advised that effective November 8, 2013, DTC has suspended all services, with the exception of Custody Services, for the below referenced issues:

http://dtcc.com/downloads/legal/imp_notices/2013/dtc/ope/1873-13.pdf

CUSIP...... SECURITY NAME

00089J102 ACT Clean Technologies, Inc.(ACLH)

[Watcher7]

Stay away from any company associated with James E. Shipley, George Roth, Michael Roth, Russell Kidder, Tim Connelly, and their associates. They are liars, scammers, and deceptive characters who are only in the penny stock business for personal gain without regards to the success of any company they control or their stock holders.

I have conversed and met with these guys and their attorney with the exception of Michael Roth with who I have had many conversations by phone and emails and Tim Connelly that I know about from Russell Kidder his friend and business partner.

I have had successful litigation at extreme cost, yet they have not been deterred and continue to plague the uniformed investor in the OTC market. The SEC provides no help to personally stop this and others like them because it is only a regulatory body and as such will not prosecute individuals for violations of their own regulations. That is always left to others. So don’t ever expect help from the SEC should you file a complaint. Your only chance at recovering the swindle that occurs is to personally litigate against those responsible. This is the only thing that seams to frighten them. Unfortunately, this is expensive and time consuming and often not pursued.

Consequently, the SEC is of no concern to these people. They can only stop the trading of a company stock like ACLH for gross promotions and misleading statements. In doing so, they only hurt the stockholders but rarely the management, directors, and other people who ruined and milked the company of its’ assets prior to any SEC action. They simply abandon the company and move on to their next victim after playing along and claiming to be innocent,.

I am still owed millions of shares of BCLE from a number of preferred stock conversions that management failed to honor and refused to comply with contractual obligations
secured by agreement. Michael Roth as CEO and President and his predecessor James E. Shipley, ran the company into the ground while depleting the assets provided by investors who bought into their scheme and false lies.

The only purpose of this group is to raise money then steal it from the investors /stockholders. It has happened time and time again with many companies in their control through false promotions, insider trading, shell manipulations, and pump and dump schemes with outside partners.

This is not the first time and will probably not be the last time they hurt people for their own means. Just be aware of the facts of what these two-faced individuals can do before you invest. In my opinion , they all belong in jail for their deeds and suffering they have caused others yet nobody seems to care and that is why they continue to do it.

[CantonG]

Well the PWEI board was warned and now look at them on the Greys like ACLH. People and the SEC never learn about obvious scams.

[CantonG]

Sorry, posted to wrong board.

[CantonG]

The malaise cannot go on much longer. Either Steipp and Mgmt will be gone or some mega deal is about to happen. Right now I am leaning to the former. I would love to be wrong.

[Andy3077]

You have to give the guy credit for coming here when he certainly didn't have too. Russell Kidder is a greedy scam artist who tried to take advantage of a national catastrophe. The truth is the company was run by lazy, incompetent people. It had been around a long time, and never had any kind of significant sales with a good product. Lazy management trying to get rich quick. But, what's worse is the lazy investor who tried to get rich quick.

[Murdoc]

ACLH*

[Murdoc]

hmm could ACLG have any relation to COLV and PWEI??

[MaskedCat]

What was misleading was this: Shipley was banned from trading and had to take a non-public role behind the seems in ALCH! You knew his reputation was of bad character and that he should have had no involvement with writing anything for Act Clean in the way of trading stock. Isn't that so my friend?
So I agree you did nothing wrong but you did know they were being very naughty. If I had known Shipley was involved with his sleazy background I would not have bought even a single share of that stock. I also think it should have been known that kidder was a disbarred lawyer via sleazy business law practices, eh? You did nothing wrong, nothing illegal, and you were very nice to me. But it was the things that were omitted that destroyed my finances. Fortunately I only lost about $15000 dollars here. Hope you find classier people to work within your future.

[MaskedCat]

I know you ionidis, I am Ron Phillips aka Rockyracoon. Lol

[leach342]

ARES, I lost 28k overnight. Is there any hope of recovery ?

[greedy__malone]

And one last thing Ares.

I just showed you that the SEC suspended them for misleading info, otherwise known as "inaccurate/inadequate".

I also showed you the exact statements in question.

You claim the company never released any misleading statements.

So, unless you can provide this board with the official company response that shows what they said to be accurate and adequate I'd say your argument is baseless and downright worthless.

Because if their statements were accurate ACLH would have made millions using their fancy fluidizer to clean up the gulf but they didn't did they? You see Ares, you don't have to sell stock or trade on the NASDAQ to sell a reliable quality product right? So, even the company was damaged and the share price hurt, the product would still perform, still would have been used and ACLH would have vindicated themselves simply by showcasing what they said it would do to help the cleanup.

Do you see how silly your argument is? You have the SEC openly state what ACLH said that was misleading. You then had ACLH doing nothing from that point forward. So the lack of action, the lack of any of their products being used in the cleanup and the fact that ACLH is a dead abandoned shell pretty much confirms that they were FOS from day one.

Unless you have anything to show me that says otherwise why should I or anybody else listen to you?

And I'm sure you know that the SEC is a civil regulatory body and can't prosecute anybody or send anybody to jail.

[greedy__malone]

No fraud or misleading statements were ever discovered. I repeat NO FRAUD OR MISLEADING STATEMENTS WERE EVER DISCOVERED!

http://www.sec.gov/litigation/suspensions/2010/34-62166.pdf

The Commission temporarily suspended trading in the securities of ACT because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things: (1) British Petroleum’s purported expression of interest in using a so-called oil fluidizer technology purportedly licensed to ACT’s wholly-owned subsidiary, American Petroleum Solutions, Inc., for use in cleanup operations in the Gulf of Mexico, and its purported request that field tests be conducted on the oil fluidizer technology; and (2) the purported results of field tests finding that the oil fluidizers are effective for use in clean up efforts in the Gulf of Mexico.

There were misleading statements discovered. And those statements were clearly defined in the suspension order.

Now, you can say whatever you want however, the agency that regulates the public markets says there were serious issues with accuracy of statements made by ACLH and ACLH did nothing to clear any of this up. Evidently their ability to clear up the suspension was about as good as their ability to clean up the gulf oil spill.

[CantonG]

So when do our shares merge with PWEI? Kidder would make alot of new friends that way, instead of being enemy number one.

[ionidis]

I hope this will be my last message to you Mr. Greed because I really don't have the time for this with all do respect,I don't know who you are. I have no idea were you have been getting your information, The SEC audited records and communicated by telephone only! That's as far as it went, clearly because the SEC discovered that.....:

No fraud or misleading statements were ever discovered. I repeat NO FRAUD OR MISLEADING STATEMENTS WERE EVER DISCOVERED! THEIR WAS NO FRAUD COMMITTED! NOBODY EVEN WENT TO COURT!NOBODY WAS PROSECUTED, NOBODY WENT TO PRISON. PERIOD!

And the SEC kept me out of it completely. So I never even had to speak with anyone, I did not have to call my attorney or anything like that. I trusted that Mr. Kidder and Mr. Shipley could write the Press Releases, that was correct. Like I have said before the SEC blew this way out of proportion believe me or not, its TRUE. It's sad really, it's not like any company could ever recover from this type of situation going from pink and being suspended to the grey based on suspicion. Guilty until proven innocent. That just the way it is. So nothing that you have said is true or valid. Your just an angry person. I get it! I like your lipstick on the pig joke though that's cute.

[greedy__malone]

Maybe the press release made statements that were a little bit too bold or misleading I still don't know this to be true, it appears that through no fault of their own, the company's reputation was destroyed and there was no way to recover. Their was no punishable legal action, I believe that there were no further legal actions taken against ACLH, because the company had not violated any SEC laws rules or regulations. Unfortunately the company's stock and reputation had suffered severely with no way to recover based on nothing but suspicion, short sellers that were identified and fear in the markets as a result of this

Absolute BS, the reputation was destroyed because ACLH tried to take advantage of a national catastrophe by making claims that they could not prove to be accurate. So, the PR was not only misleading but inaccurate as well. And it was done while trying to capitalize off of a national disaster which is a huge no-no. ACLH was made a poster child of fraud stemming from the spill and the reason ACLH could not recover is because they could not prove, in any way, that what they put in that PR was accurate or truthful. Simply put, they got caught and they got made an example of.

Short sellers? Really? Are you going to come here and try to put lipstick on that pig? Come on.

At least be honest. You knew your name and number were on the PR's. You were answering questions based solely on what you were told, not what you could prove and all was good until the company found itself in hot water. You didn't verify a thing, you admit that. You didn't see it as a problem because you trusted them. They screwed you over as well but your problem lies with the fact that your name was stamped on the bottom of every PR and you admit to never fact checking a single one of those PR's and admit you had no problem with it.

The PR was a fabricated lie and a total misstatement of facts and truths. ACLH was trying to capitalize off of the spill by issuing press releases that put them in a spot they were never in. You went along for the ride because up until then you didn't have any problems.

[ionidis]

Thanks for you statement. I hope that my last post helps, there is certainly much more to the story then what you are saying, Hopefully now everything will make more sense to you.

Best Regards

Ares

[ionidis]

I appreciate what you are saying however it is simply not true. All information I discussed with investors was true and accurate based on factual information, When it came to possibilities or plans for the future and the few options that we had to choose from I would discuss those possibilities. I don't see anything wrong with that. I also have set no distance between me and these statements on any topic. My integrity really has nothing to do with this, so I will move on to the next concern. Yes all restricted stock or securities that I had sold to my existing clients were pre verified as accredited investors. They met the criteria mostly by either net worth, or Income. Period! I don't know if you had ever called in to speak with me. I think that you may have me mixed up with someone else at corporate "Carnival Barking is not in my speech" I don't have it in me "Used car sales experience" Furthermore I do accept responsibility for my part that's why I am speaking out to address your concern publicly.

Thanks for your questions

Ares

[ionidis]

Hello Everyone, this is Ares S. Ionidis. People on this hub only know me as the resigned Director of Shareholder Relations with Act Clean Technologies, Inc. I don't believe that anyone here really knows who I am, nobody here is an existing client or has done business with me before in the past. So to clear up any confusion because confusion is what this hub is all about and people misleading people, I would like to speak up on this forum for the 1st and hopefully the last time. The purpose for this message today is to inform you of my limited involvement, and limited control over Act Clean Technologies, Inc. Back in 2010 this company and James Shipley were introduced to me for the 1st time by a fellow business associate and friend. I had scheduled a lunch meeting with Mr. Shipley and at the time I had roughly 8-9 years experience with raising capital for start up companies and profitable small businesses. I was considering a number of projects to get involved with at the time and this one really caught my attention and interest. I had met with the Anderson family, they had been working in chemical and petroleum remediation for 25 years roughly, they demonstrated their fluidizer technology and other impressive products to me & gave me a tour of their facility. William Anderson was the founder of the technology and he had trained his sons how to use it. They are honest hard working gentlemen that knew very little about raising capital. They were relying on Mr. Shipley and his partner Russel Kidder to raise the money and assist the family business with expansion. Which was why they had an interest in hiring me because of my experience with raising capital and working with investors. I had existing clients at the time that had been investing with me for many years and I had raised a small amount of capital in the 1st 3 months, roughly $150,000.00. All of my clients were of course pre verified as accredited investors for SEC Compliance purposes. the stock had shown significant improvement at the time and volume was ramping up, I believe we were trading somewhere between .30-.40 however, at this stage we were still in the probationary period of conducting business together, but so far so good. I had a concern that our Press releases were published & Released without my review. I had no involvement in the physical business itself during this time I continued to answer the phone from my home office in San Diego and our press releases continued to go out without my approval or review, all of which I believe were written by Russel Kidder and reviewed by James Shipley, then my name and phone number were always stamped at the bottom. Not a single press release was ever written by me nor did I accept or approve any information in that regard. However it still didn't seem to be an issue until that last release in regards to BP, the coast guard and the oil spill in the gulf. These statements of their efforts to get in line with other companies and go through the process were accurate, I still believe. In fact nothing in this press release was ever proven to be false or misleading. It appears that the SEC in this case suspended the company because of suspicion that our statements were not accurate and 3rd party short selling from outside investors. Maybe the press release made statements that were a little bit too bold or misleading I still don't know this to be true, it appears that through no fault of their own, the company's reputation was destroyed and there was no way to recover. Their was no punishable legal action, I believe that there were no further legal actions taken against ACLH, because the company had not violated any SEC laws rules or regulations. Unfortunately the company's stock and reputation had suffered severely with no way to recover based on nothing but suspicion, short sellers that were identified and fear in the markets as a result of this. I had received and accepted calls from OC business News, Wall Street Journal and many other media publication companies. I interviewed with mostly all of them. After our suspension I continued to answer the phones and address questions or concerns of shareholders to the best of my knowledge. Most of these investors had purchased shares over the counter on their own before I even took title or position with the company. As the same with mostly everyone here had purchased stock on their own and over the counter with no influence from me. Unfortunately After 6 months with the company I had no other choice but to terminate my agreement with Act Clean Technologies, Inc. My regret is that I did not have a mandatory clause in our agreement for me to review any press release before they were published. If we had done so I believe that this could have been avoided by making more conservative or passive claims. I still to this day have never violated any SEC rules, laws or regulations, I have a completely clean record and have stayed in this industry for a solid 13 years. The only negative part of my background is what happened here with ACLH which was completely out of my control. The Anderson's continue to operate the same family business and under the same subsidiary name of Westates out of Huntington Beach California. Furthermore I would like to express some empathy for the loss or losses that investors had realized with this experience. I truly feel your pain as I have been hurt here as well. Every time someone takes their frustration out on me publicly as a venting post on this forum it truly upsets me however i do understand that people don't know who to blame for this mess so its always easier to blame everyone involved or maybe blame the person who was trying to help the most. Were all guilty of it when things like this happen. With that being said I hope that this message helps to clear up any confusion. I wish you all the best. I hope you all have a healthy, successful and prosperous 2013 enjoy whats left of it. Thanks for reading.
Ares

[greedy__malone]

Ares, here is my issue with your statement.

All I ever did was tell investors the truth based on what I was told and what the company planned to do at that time.

Truth based on what you were told? That makes no sense. Reality is, you simply repeated what you were told to repeat with no regard for its accuracy or honesty. And now you want to distance yourself from the statements that you put your own name on? Perhaps you can claim it was your job to release info but you must also admit you did nothing to verify such info for accuracy.

You brought accredited investors to a company that you never verified? Never did you investigate them before bringing money in? Not your fault? Not to blame? It's everybody elses fault?

You, my friend, were an accessory to this whole debacle. the mouth, the carnival barker. You helped this scam and to act as if you have no responsibility is absurd.

[CantonG]

Yes, Ares just collected his paycheck and spewed the talking points of Shipley and Kidder. He had no idea that anything untoward was happening. If you believe that, I have a bridge in Brooklyn to sell you.

[ionidis]

[MadDog08]

Thanks for the words of advice. I'll sit back and await the outcomes of any SEC litigation....

[greedy__malone]

As long I breathe I'll keep an eye out for those scammers and will make certain to warn potential investors/victims.

Ive done that for over a decade. Guess what? People still buy into scams, tehy will still call you a paid basher, naked short seller etc....Because penny stock marks support their "investments" straight into the ground. What you will do is educate a few, after the fact which is a good thing. But be prepared to have these scammers come after you. I've had more than one attempt from scammers to sue in order to get my personal info from IHUB. Went as far as having to get an attorney for me and a handful of others to quash a subpoena to IHUB. Also was part of the IHUB/MM fiasco that utilized the libel tourism law put into effect a few years back. The road is a long one you are on. You will find yourself in deep water, you will likely face a subpoena at some point and you will make more enemies than friends. Have fun, beent here done that, got the t-shirt

But to say there is no recourse via SEC litigation is incorrect. The SEC files litigation each day...they wouldn't do so if there aren't instances where investors do recoup something...

The SEC sues to recoup money for the SEC. Shareholders sue to recoup monies for shareholders. SEC fines and settlements go to the SEC. You want to know what your odds are of collecting? Take your info to a securities lawyer who handles class actions against crooked companies. When he says "you got screwed, can't help you" then you know there is nothing there to recover on your behalf. Because if there was, the class actions lawyers would be lined up, creating a suit and begging you to join. You are screwed out of your money. Learn from it and make sure it doesn't happen again.

[MadDog08]

What "real" company is sued by the SEC for improper activities that doesn't have to require an investigation to determine how much money was gained through victimization of investors? Remember that ACLH sold assets to PWEI in exchange for upwards of 30.6% of PWEI ownership. And PWEI went through some serious pump and dump late last year. When that pump and dump was ongoing I sent numerous emails to the SEC and I'm certain they documented the millions of shares that traded...isn't there money there?

If I don't recoup my losses than that is what it is...but I'm not standing by and allowing Russell Kidder, Timothy J. Connolly and their accomplices to get away clean, only to do it all over again. As long I breathe I'll keep an eye out for those scammers and will make certain to warn potential investors/victims. If all that happens is that those bozos are banned, then that's fine. But to say there is no recourse via SEC litigation is incorrect. The SEC files litigation each day...they wouldn't do so if there aren't instances where investors do recoup something...

[greedy__malone]

Yep, real companies often do. ACLH isn't real. There are no assets and no cash for the SEC to go after. The company is non-existent. So, where exactly is this money going to come from?

Can you provide me a balance sheet for ACLH that shows their assets and cash on hand that could be used to satisfy any recourse for shareholders?

Get real, thinking for a moment that shareholders will get anything here is little more than a pipe dream.

Sorry to burst a bubble or two but it's just the way it is.

[jumpingmullet]

ares lied to me on several occasions.mostly what i remember was the company already had their people on the scene of the spill on the gulf.like i have posted before he was as big a pos as the others.he lied threw his tyeeth with every conversation i had with him.if i only was in san diego i would get some satisfaction.i'm on the n.c.coast so thats out of the question !how can we take that pos down also .

[MadDog08]

Ares Ionidis was an accomplice to Russell Kidder and the other ACLH - Gulf Oil Spill scam players. I recall one phone call where Ares Ionidis said he watched a tanker full of free oil on its way to Louisiana...looking back now, could anyone believe there was any truth to that..? He likely cashed in on the pump and dump as much as Kidder and his cronies. Ares Ionidis is one of many Russell Kidder scammers and I wouldn't trust any enterprise he's affiliated with.

Can anyone else share their personal Ares Ionidis stories of deceit...? Would you trust anyone organization that has Ares Ionidis as the "director of business development." What was his education and LEGITIMATE career experience to qualify him as a director of anything..?

http://kratospowerplus.us/Pages/Contact/Contact.aspx

[MadDog08]

When the SEC files litigation against a publicly traded company they can request relief from the courts on behalf of shareholders. The money the courts grant is set up in a "fair fund" as disgorgement to the shareholders. Visit the SEC website and notice that indeed Fair Funds are routinely set up to benefit the shareholders/victims of these scammers.

http://www.sec.gov/litigation/fairfundlist.htm

[greedy__malone]

and how much we're gonna be able to recoup

Shareholders never get any.

[MadDog08]

[e-mail] wrote:

I assume that Ares did not respond to your inquiry, and this is not very surprsing.

Well, I have a question, how do we find out whether ACLH management filed already with the SEC to remove its caveat emptor status?


Ionidis hasn't responded...and I too am not surprised. He's no different from Kidder...they're all scam artists, and he's no different. Honestly, I have absolutely ZERO expectation that ACLH will ever come back. Our absolute only recourse is to await the SEC litigation against Kidder, Timothy J. Connolly and the other accomplices. I expect that the SEC's investigation is nearing completion, as they've been further investigating Kidder's involvement with PacWest Equities (PWEI). I'm certain they're also investigating where all the cash is stashed...and how much we're gonna be able to recoup.

[MadDog08]

For those of you interested to learn what Ares Ionidis has been up to...he's moved on from Russell Kidder and ACLH. I guess he didn't endure the victims' treatment that we investors had.

Would you recommend any company affiliated with Ares Ionidis...?


http://kratospowerplus.com/Pages/Contact/Contact.aspx

[MadDog08]

Check out the attorney opinion letter in regards to PWEI's Quarterly Management Disclosure and Analysis Statement. First off, attorney Thomas Russell hasn't responded to my repeated requests for updates on ACLH and its ownership of PWEI shares. As an ACLH shareholder we have not had any communication from Russell Kidder or ACLH. You'd think, per the Quarterly Management Disclosure and Analysis Statement and the attorney's opinion letter, that since ACLH owns 450,000,000 shares of PWEI stock we ACLH shareholders would have been informed of how that translates to the value of our ACLH shares...but we have yet to hear one word from Russell Kidder, ACLH, or their attorney. You can imagine how reliable I consider this attorney, or his attorney's opinion letter.

Second, per the opinion letter, Thomas Russell states that PWEI management (only one person, that being Geoff Bagatelos) informed him that no holder of 5% or more shares is "currently under investigation by federal or state regulatory agency for any violation of federal or state security law." Really...I've personally informed Thomas Russell via email that ACLH was halted on May 25, 2010 for questionable press releases, and that we have not heard from ACLH or Russell Kidder since February 07, 2011. Attorney Thomas Russell should be very aware that when the SEC suspends a stock for alleged Securities Violations it may take years to bring into litigation. Therefore, since ACLH is a 30.6% owner of common shares of PWEI, the statement that no 5% holder of PWEI is under investigation is absolutely false.

Lastly, much has been written that ACLH shareholders have no recourse for recovery because there is no value in ACLH. However, for whatever its worth (based on reality, and not more misrepresentation) according to this attorney's opinion letter, he "made a specific inquiry of management (again just Geoff Bagatelos) and was advised that no shares of stock were sold by any person cited in the previous paragraphs, i.e., ACLH. So if you take that at face value (and at your own risk) ACLH (AKA Russell Kidder) has 450,000,000 shares of PWEI stock, and at .03 cents = $13,500,000. Now considering I only want to recoup my lost $50k investment in ACLH, I'd say there is plenty of value in Kidder ACLH/PWEI scam to recoup...what do you say attorney Thomas Russell..???

[MadDog08]

For those of you who don't believe there is any value to recoup from Russell Kidder or ACLH, please review the recent PWEI management and analysis: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=106897

Notice how many shares were given to ACLH in exchange for the acquition of the ACLH's American Bio-Clean Technologies; 150,000,000. Then review the Beneficial Shareholders statement...ACLH owns 30.6%, or 450,000,000 shares. At the going share price of .03, that's $13,500,000. But that's a bottom figure...you see in regards to this Russell Kidder pump and dump, Kidder likely dumped all his shares when the pump was at its pick, or at a price of .79/share.

I'm sure the SEC is aware of this by now...so when the SEC legislation is executed, that's where we victims will receive our disgorgement.

By the way...why is it that the PWEI attorney of record doesn't respond to shareholders request for information....???

[leach342]

Let's get together and file a LS

[jumpingmullet]

guys we need to get this pos kidder and his cohorts in court.WHAT IS OUR BEST COURSE OF ACTION.I GOT BURNED ON THIS AND LIED TO AT LEAST 5 OR 6 TIMES BY ARES'THEIR SOCALLED SPOKEMAN OVER THE PHONE IN MAY OF 2010.OVER A MIL.SHS AT AVG.OF .045.H'OW DOES THE SEC ALLOW THIS?

[leach342]

Please fwd.to me also. [e-mail]. down 28k w/ACLH

[greedy__malone]

You can bet your sweet tail there will be a lawsuit for shareholders on aclh

No there won't. ACLH has nothing to go after. Guarantee there are no assets, Kidder has already spent whatever he scammed here and no lawyer will take this without there being something of value to use as his payment.

So, unless you select few are willing to pay the entire cost of litigation in a class action lawsuit simply for the satisfaction of saying you won then by all means pony up the $50,000+ it will take to litigate this.

You see, that's why penny stock scams are rarely stopped. The scammers don't keep profitable assets in these companies, they scam you folks, move the money and leave you with nothing at all to go after.

It's sad for sure but educating the unsuspecting people and cutting off the scammers access to cash is how you stop them.

[MadDog08]

Scrilla, please forward your email address to [e-mail] and I'll provide you the email address to Tom Johnson. Tom has been in contact with at least one law firm that is interested in working with ACLH shareholders on a class action.

Thanks.