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Before 04/14/11, get your STOCK CERTIFICATES. eom
Ask for your CERTIFICATES.eom
And "they" paint the tape again, how many shares or money were you guy's given?
Budget
Anyone here watch the TIME and SALES?eom
Ask for your certs...eom
No, No and Yes.eom
If anyone wants to take the time to read this link it has to do with our late SEC filing and our Regulation S-K filing also, if you read it carefully you will know when they are talking about us...
http://www.chadbourne.com/files/Publication/8c793188-13cd-4b5c-8894-981185b4d15a/Presentation/PublicationAttachment/2a46a74c-d333-46a4-991e-9a3bc2c378f0/WhatLateSECFilersNeedtoKnow_BloomLaw102005.pdf
Going to bed, worked 10 last night...
Budget
Does anyone here know what IN ARREARS means.
Budget
Here is another fine example of decieving shi7 from our company in the latest 8k filing...
"The staff attorney advised that the SEC informally granted the request for an extension and marked their database with the proposed dates. The informal action does not constitute a no-action determination by the SEC and they may, in their discretion, take any action if they deem it appropriate."
Here is what INFORMALLY means..
"unofficially, privately, casually"
Here is what INFORMAL means..
"Not being in accord with prescribed regulations or forms; unofficial"
Budget
There are 271 followers here, can anyone else here grasp what is going on besides the posters that are in denial? We are at .0026 for one reason and one reason only. Many of the posters here can't believe or understand how intricate and decieving this company is....right down to something as simple as Joanna C.(My Pleasure Ltd.) threatening Joanna C.(ACDU)??????????????????
The financial statements show that the majority of the Company's source of financing came from loans provided by My Pleasure Ltd. My Pleasure Ltd. is the Company's largest shareholder. As such, My Pleasure Ltd. may put itself in a superior position when these loans need to be repaid. Since My Pleasure Ltd. is the Company's majority shareholder and creditor, the Company may take action to achieve the best results for My Pleasure Ltd.
Guess who wins with the Preferred Stock???
This is not that hard...
Budget
sky, you are right again in the wrong way...
The Company has received several inquiries from shareholders as to the status of the moratorium along with suggestions that the Company issued free trading shares into the open market. The Company has not authorized any new free trading shares, did not sell any free trading shares to any accredited investor, and has not issued an offering allowing for the purchase of free trading shares. All present common shares that are issued and outstanding are over ten years old and originated with the Company's prior offerings.
Here is from the 3Q Filing...
The REGDEX does not allow, and will not allow, the Company to sell the unregistered free trading securities to other accredited investors.
Here is what unregistered securities says...
"Before securities, like stocks, bonds and notes, can be offered for sale to the public, they first must be registered with the Securities and Exchange Commission (SEC). Any stock that does not have an effective registration statement on file with the SEC is considered "unregistered." To sell or attempt to sell a financial security before it is registered is considered a felony."
"However, certain exemptions apply. For example, a privately-owned corporation may issue shares of stock to its executives and board members, but the new stockholders must notify the SEC before selling the stock to someone else. In addition, companies can raise capital by soliciting investments from individuals outside the company who are considered to be "qualified investors." The SEC defines a qualified investor as someone who has a net worth of at least one million dollars or an annual income in excess of $200,000. Individuals who meet "qualified investor" status also can become victims of "private offering" unregistered.
That link that $BL$ and I posted about My Pleasure Ltd(Accredited Investor or Qualified Investor) will get us closer to the truth for $18.00 a pop...got to go all the way back to 3/5/2007..
http://ukdata.com/company/06137710/MY-PLEASURE-LIMITED
Budget
Outstanding share count will never move, i repeat will never move because the dilution shares(328 million)Regdex or Reg S-K are already counted in the Outstanding Share count, but are getting dumped and won't move the OS's, i have seen this many times before and the company can say they are not selling any shares because it was done at the beginning in the TRANSACTION so it is true they are not selling any "NOW"
From filing..
"We have not sold any securities during the time period of this report. In fact, we are under a share issuance moratorium which effectively prevents us from issuing common stock for any reason."
Very misleading...
Budget
Thoses are 2 dilution filings.eom
sky, can you please explain these statements to me from the ACDU filings...
""As a smaller reporting company as defined by Item 10 of Regulation S-K, we are not required to provide information solicited by this item.""
My Pleasure Ltd. is a foreign entity that is not owned by any United States persons. Because of this, the Company believes that the transaction was exempt from securities regulations governing United States investors. Nevertheless, legal counsel for the Company filed a REGDEX on November 3, 2008, related to the transaction since My Pleasure was also an accredited investor. The REGDEX does not allow, and will not allow, the Company to sell the unregistered free trading securities to other accredited investors.
TIA
Budget
House payment of 35-45 mill shares..soon.eom
Let's move ahead, Joanna C. is our Accredited Investor, she owns My Pleasure Ltd. which is a private equity firm. It states this in the filings that J.C. is both.
"Under the Securities Act of 1933, a company that offers or sells its securities must register the securities with the SEC or find an exemption from the registration requirements. The Act provides companies with a number of exemptions. For some of the exemptions, such as rules 505 and 506 of Regulation D, a company may sell its securities to what are known as "accredited investors."
Investopedia Says:
In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:
1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.
2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.
3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered. These investors are considered to be fully functional without all the restrictions of the SEC.
Budget
sky, what is a Accredited Investor?eom
Pilotheating, they have to stay compliant with the filings, they are a private foreign entity(Hedge Fund or Accredited Investor) with a 51% controlling interest and if they want to continue diluting this stock they have to file. I think they are about done here though and are ready to use their "Exit Strategy" by not filing, but you never know, we don't know how many more shares they have left to dump, they could file?
Budget
sky, your right, i'm conflicted, there will alway's be bagholders in every stock, i'm one right now as all here are, i just don't want to see this board and it's members get mislead by predictions and by outrageous pumping, i really don't think we see filings, news or "divvies".
Budget
sky, i'm down huge(%), but won't buy into a REGDEX 506(unlimited sale of securities) and a Regulation S-K filing. Still waiting for more misleading news from our hedge fund and then maybe i can get out.
Budget
Cintrix, bottom line "Walk your Talk".eom
sky, if you think we are going to at least .03 cents when filings are done and the "divvies" news, then i think Cintrix is right you should be buying on your assessment, come on just a 499k hit so we know it's you, Talk the Talk now Walk the Walk.
Just my honest opinion...
Budget
Bjizzle, i agree with you.eom
I knew they were granted a extension a while ago under the Sarbanes-Oxley Act of 2002..lol
Still dosen't mean were good till 4/14/11 though.
Budget
sky, so you have talked with the SEC...or seen a filing that states they have the extension until 4/14?
Budget
Phillymike, did the SEC grant the extension of time to (4/14/11) that our company requested?
Budget
Laughing out loud..eom
redf, scroll down and click on "Load remaining documents" and have at it, just $18.00 a pop, different link then $BL$'s but the same thing.
http://ukdata.com/company/06137710/MY-PLEASURE-LIMITED
Budget
redf, not sure what your asking here, but if your asking if i would have seen a dilution filing, i would have got into that filing to see how many shares they are dumping, 20m, 50m..etc. The problem is i didn't go back far enough in the filings and see that REGDEX(506). We still have another problem besides that unlimited sale of securities..Reg S-K mentioned in the most recent 10Q filing..
FROM FILING..
"As a smaller reporting company as defined by Item 10 of Regulation S-K, we are not required to provide information solicited by this item."
Why, because of that Foreign Issuers Private Act
Item 10 - General
Item 10 suggests management make reasonable projections for the future; the tone is mild. More nervously, security ratings are voluntarily permitted for classes of debt securities, convertible debt securities and preferred stock. Incorporation by reference is rationally defined and implemented, no piggy-back referencing (no reference to a reference in another filed document) is allowed; non-GAAP financial measures are politely deprecated; Provision is made for smaller companies to escape the reporting tangle by only filling in items 101, 201, 301, 302, 303, 305, 402, 404, 407, 503, 504, 601.
Regulation S-K is a prescribed regulation under the Securities Act of 1933 that lays out reporting requirements for various SEC filings used by public companies. Companies are also often called Issuers (issuing or contemplating issuing shares) or Filers (entities that must file reports with the SEC) or Registrants (entities that must register (usually shares) with the SEC).
http://en.wikipedia.org/wiki/Regulation_S-K
Budget
sky, this was in OUR OWN ACDU FILINGS, they are using this "EXEMPTION" WHAT PART CAN'T YOU GRASP OR UNDERSTAND OR COMPREHEND..LOL
EXEMPTION FROM REGISTRATION UNDER SECTION 12(g) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR FOREIGN PRIVATE ISSUERS
AGENCY: Securities and Exchange Commission.
ACTION: Proposed rule.
SUMMARY: We are proposing amendments to the rule that exempts a foreign private
issuer from having to register a class of equity securities under Section 12(g) of the
Securities Exchange Act of 1934 ("Exchange Act") based on the submission to the
Commission of certain information published outside the United States. The exemption
allows a foreign private issuer to exceed the registration thresholds of Section 12(g) and
effectively have its equity securities traded on a limited basis in the over-the-counter
market in the United States. Currently, in order to obtain the exemption under Exchange
Act Rule 12g3-2(b), a non-reporting foreign private issuer must submit to the
Commission written materials in paper, including a list of information that the issuer
must disclose publicly pursuant to its home jurisdiction laws or stock exchange
requirements, or that is sent to its security holders, along with paper copies of documents
containing the required information that the issuer has published for its last fiscal year.
YES sky the REGDEX(RULE 506)WHICH AGAIN IS """UNLIMITED SALE OF SECURITIES""" and sometimes called "Regulation D"
http://en.wikipedia.org/wiki/Regulation_D_(SEC)
and was the ""TRANSACTION""($150K) CEDE has them, all 328 MILLION SHARES TO DUMP and we are buying from them and that's why when you buy ACDU stock it does not "BENEFIT" ACDU...LMAO
My Pleasure LTD. is just another Cornell Capitial which is a DILUTION Machine POS...they are a "PRIVATE EQUITY FIRM" or HEDGE FUND
Please try an understand this as we slowly slip into the abyss.
You are laughing at our .0022 PPS????????????????wow
Budget(nighty night)
carter, learn how to read and comprehend.eom
es1, from the high of .0221 to touching .0017, yup me and my tinfoil hat, yup yup....wow.. Pull up a 2 year chart, punch in the CMF and look at the dumping that was going on at the time of the run to .0221, roughly from Aug 18th 2009 until Oct 8th 2009.
Budget
Come back when you grow up.eom
Controlled dumping????
Scam, dilution,POS.eom
Been dead on up to now, where you been?
Budget
sunsetjet, are you sure those rules don't apply? Can you provide the proper link if not.
TIA
Budget
sky, since you seem to be on top of things here, can you please tell me if we have complied with the SEC's request. If not, are we going to get an E on the end of our symbol, are we going to be suspended or halted? If we get an E on the end of our symbol is a Q next? How long do we have before one of the above mentioned happens if we don't comply?
TIA
Budget