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whatever. I am sure they have, are, will
This could be settled really easy. RCA has openly stated he is the plaintiff in Nevada. He could drop it and get on board with the rest of us and help make this company into what we all hope it to be. I am not sure what the end goal is. The shell had no assets to my knowledge so what would be the prize if won?
The PA issue was set aside and vacated on Friday. I am not sure of Nevada. I believe both are bogusfiled by straw people hoping for no defense and a settlement. Surprise new mgmt got on this right away to form a defense. Not counted on.
I don't think they need to mix. Just use what is there. Seems pretty smart to me to not try to reinvent the wheel but use it to make your car roll easier. Forward thinking visionary. I feel it. Don't understand it all, but seems pretty cool to me. American Idol was predicted to flop when it first came out and has become the most popular program. I don't know if this will even come close to that, but isn't what America is all about. Visionaries chase dreams and those of us not so imaginative able to jump on the train if we want with permission to decide also when to jump off when we want.
I love America. I served USMC for the right to choose and loose or win. My responsiblity to make an informed decision.
Have a nice day. Got to go to church.
Out with old and in with the new.
Thanks BooDog. Looks like cutting edge to me. Early bird gets the worms. I want a big fat juicy night crawler.
To me it lends to the forward thinking visionary now running the company. Will it fly, only time will tell, but the babyboomer generation is more tech savy than the generation before the GenXr's put us to shame. Openly this is not a part of my personal world but man what a jump from the pacman and donkey kong I grew up with.
Transfer Agent
First American Stock Transfer,
706 East Bell Road
Suite 202
Phoenix, AZ 85022-6642
This is an awesome facility. Real people real business. Not a pipe dream. From Pink Sheets
Pine Ridge Holdings, Inc is a Property Management company currently managing Pine Ridge Racquet and Fitness Club. Pine Ridge Racquet & Fitness Club members enjoy all of the amenities provided by Fort Wayne's premier tennis and fitness club. With 7 indoor tennis courts, and premium viewing, Pine Ridge has quickly become the choice of discerning tennis players. Pine Ridge Racquet & Fitness Club has a fantastic 13,000 square foot fitness area with cardio and strength equipment, personal training, aerobics studio and much more!
This step is extremely important as the company has received a commitment to fully fund all of our initiatives in our business model.
I just love America. Glad I live here and not in Ven where I could own something one day and not the next. Fed pumps billions into the economy to stabilize it. Where does that money come from Speedy Print Bank. I challenge all to submit referrals to the company of funding to loan money at 6%.They have a "Commitment" to get the company out of the box. Early capital is the most expensive. Anyone with any busniess experience knows this.3 weeks into this and much accomplished.
Fox News Fair and Balanced
I see what I see and read you are free to your opinion. Because it is stated doesn't make it true. I am pleased that at least there is an acknowledgement of a real business. Unless I am wrong (which I could be) this is a development stage company. If they were fully established we would not have to chance to invest into it. I am glad I saw it early.
I am going to bed so thanks for the discussion.
Call the company and ask them. How would I know that? Making statments don't make them true.
I respectfully suggest you are incorrect
"The crime is not how the company raises capital"
Uh, actually it is.
SO What has the new mgmt done? Secured a commitment of funding initiatives, NO REG D. What more could I ask for.
And yet you seem absolutely certain that the fluff in the PR's is absolutely true without ever having verified a single word. Curious;)
What is curious, I have verified what I believe. Have you called the company and talked to the new mgmt? Don't speak of things you have no idea what you are talking about. Many accusations with no support.
Last I checked this is America and I am free to my opinion just like you are to yours. I have yet to see any verification of any accusations made against the company. I know the name changes RS yada yada. Show me a pinkie that does not have that in their past. Some more than others but all have the same story. What counts here is after 2-19-08
I disagree with you. It is what is done with the money once in the company's hands. If there was not money for the funding agencies there would be none. Tell me when ML needed to raise 5 bill for capital requirements did they dilute the current shareholders. Yes but it added to the balance sheet. No one had a complaint about the way the cap was raised, but why Oneil allowed the company to get into a spot that it needed to. One day he was here the next he was gone. That is the way it goes when you are the top.
The projections do not give any indication if this includes any retail items sold. T-shirts audition downloads,tec. Anyone given thought to this potential. Lots of money in suveneers, (sp)
Everything prior to late February is on the previous regime. The new has to deal with it but in my opinion can not be held resp for the alledged misdeeds of others. The crime is not how the company raises capital but what they do with it once it is raised. Debt/equity it doesn't matter, the are responsible for their own stewardship
I spent several thousands of dollars per year to allow my boys to play sports when they were growing up. And if any of them would want to chase a dream for $25 now I would pay it. Keep in mind that ADCS said the platform is 2nd life. Not the audience or the pool of contestants. I have not seen any definate details about the actual structure. I think it mentioned still in development.
Advanced Content Services Announces Major New Company Initiative and Addition of Shawn Spahr as Newly Appointed CEO
This was 2-19-2008.Can someone report what the price was on this date when the new mgmt took over?
Well I guess time will tell all. If this is all correct then it will never be quoted. So let's move on to the real business at hand. I trust and respect PS but eveidently the company can still operate and create some kickin' volumn. I just love America
I agree. Give them some referrals not just concepts.
Iam absolutely sure that if youcould provide them with funding sources for them to continue talks with I bet they will listen. This is another one of my little irratations. Complaining and advice with no solutions. I we are concerning about the fundings strategy then I should get my check book out and help fund the company direct or at the very least introduce the CEO to some outfit I approved of. Has that been done by anyone..NO.
Unless there is conventional bank financing available and most startups don't have that so they come to the equity markets to be able to use equity to raise capital. The crime in my opionion is not the manner in which it is raised but what is done with the money once it is in company hands. You know raising capital in a small company is expensive. Heck even NYSE capital raising is extremely lucarative. Look at the billions the big company IB get in fees. It is not the manner in which it gets done it is the manner in which it gets handled. New Mgnt, New direction, Real Intent to do what is right. That is the new ADCS
For everyone concerned about the PS warning. I did a little checking and found out that once put on the warning cannot be changed for at least 30 days. Any idea when PS stop posting a quote due to the warning? I can account for about 22-23 days.
If I were King and was able to make the decision I think I would not do anything until I was ready to get it all cleaned up. I know mgmt are acting slow and must be incompetant...
3weeks on the job and so far the only things that have been done are project funding has been secured, plan has been crystalized and basid details released, exec team being put together, Bogus Law suits being dealt with one vacated, (thanks again Shawn I really did not have the $75K) and operations moved from Texas to Ohio. trading volumn beginning to pick up. announced NO REG D and NO RS
WHAT HAVE YOU BEEN DOING MR. CEO with your time. QUIT SCREWING AROUND AND DO YOUR JOB!!!! (ok I was kidding again)
I will give you that point and agree. If I knew in heart that a company's magmt's intent was to have a personal checking account at shareholder expense, I would not waste my time here or anywhere else debating things I can only specualte on.
My point...ADCS shell has a past where management did not bring value to the shareholder. New Mgmt can do nothing about that, other than
take control, which has happened
Set up a contact system for concerns 419-224-2327 leave VM
Clean corp closets ASAP. PA default judg. set asise/vacated
secure funding so the BP can be implemented
Build an exec team to hold the CEO accountable- in progress
All of this was within the last 3 weeks. I am sorry for the old shareholders experience. But just like I have no one to blame when I am on the wrong side of the Pork Bellie trade and loose my shirt I don't go screaming at the floor brokers or the industry. When I loose it is because I did not educate myself to a level to allow me to play. Pinkies are NON reporting. That is the system I have 2 choices...Learn the game and take my chances or go play another game I understand better.
sore Loosing!
True that
In the wrong county again. Seems to be a pattern
That would be Lima. About 60 miles north west
Would you have a commodities backround? It sounds just like what you described. Very risky business and one needs to be one the right side of the trade. If not you loose. If you are big time gains. total price manipulation
What about this system do you not agree with?
It is not they who are complaining about no contact. Call them leave a message.
I would imagine it would be quite entertaining to watch both parties testify. Do you think the plaintiff will be able to fine the right court house.
Makes sense to me. One they are busy building the business and 2 good way to screen crank phone calls. I am just sure if you would leave a number to call someone would. Real interested parties would leave a message.
These traders must really be organized to do all they are being given credit for. Thoughts?
Probably thought he was being solicted for a new corp credit card.
Old news. It was the PA whopping $75 K (that I offered to pay)which was the big deal not long ago. TG for Shawn. Just saved me $75K. He is my hero.
A little luck and being in the right place at the right time coupled with a real intent on doing what is right always has served me well.
I really try to look to the brighter side of life and when wronged, I forgive as the Bible teaches and move on. That being said I don't hang around those that offend me to cause their life misery. I am not a counselor or anything like that but life is too short I try to stop and smell the roses and move on the things that will brighten my day. ADCS is brightening my day each day.
Good luck to you as well on all of the future endevors.
Who is ducking? Looks to me the plaintiffs should have on this case. Either ADCS has some type of legal counsel or the new CEO is really smart enough to rip the default judgement to shreds. If the law firm representing the
plaintiff (which I doubt exists) would contact the new company's phone number (419) 224-2327 as indicated in the PR I am sure there legal counsel will get back to them.
You know us American capitalist. I am sure the commissions charged in the ole USA are much higher than Costa Rico. If you know of anyone that can set me up there I understand things there are really cheap since most living there are dirt poor living in dirt floor shacks. I would like to send them some of my business. Better yet perhaps ADCS with the right contact could set up an international HQ satelite and bring in the local talent.
Good idea or no?
We traded on 105+million shares yesterday and only 96 million today. Light days can make the stock move dramatically.