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By the way DZ thanks for posting that link and info.
and based on what I have seen......experienced so far with ACLP. you don't too if you bought this.
So look it up they did a r/s in Sept 2014 and b7 Jan 2015 was filing to do a new one.....so far it has not happened and I assume its still pending. I thought you might say thanks for the information.
dO your own dd and and find out for yourself. I bought in this stock 3.5 million shares in Nov 2014 and it dropped every single day after all the way down to no bid..in just a fw months I looking for the new r/s as filled with the SEC look it up yourself which was going to wipe me totally out......look it up. You will see the truth in the filings.
Maybe he should have read this: FROM SCHED 14C
January 23, 2015
On December 19, 2014, the Board of Directors of the Company (“Board”) approved the Reverse Stock Split and Name Change and recommended to the Majority Stockholder that they likewise approve the Actions. On December 19, 2014, the Majority Stockholder approved the Reverse Stock Split and Name Change by written consent in lieu of a meeting in accordance with the Delaware General Corporation Law
according to the writer.....The company executed a 1 for 250 reverse split in September 2014 and immediately after it, the number of issued and outstanding shares stood at about 19 million. On February 23, 2015, it was already sitting at 685 million and last week, when ACLP filed the Q1 report, they told us that it's now hovering above 794 million AND THE WRITER FAILED TO MENTION THE NEW 14C...
Looks like he didn't read the filings.....LOL
even if half of it was incorrect......not r/s done yet....but could be pending.
even if the r/s had taken place and there was only 19 million shares out. Doesn't matter because I got in like that right after the other r/s and millions and millions of shares went in the trades day after day and almost always going for prices lower than the day before...no chance to get out when it drops like that. ..... I do hope you all get lucky..
I hope that you are able to get your money back. I know how it feels to be stuck as a bag holder in this company and its a really sorry outfit. But here is my understanding of the way things stand...the r/s did not happen I don't know why. So its not happened as of yet...but maybe anytime. On 0TC they report only 19 mil shares out as that would be the amount after the r/s ...that didn't happen so probably they still have 800 million or so out and because they have 9.5 billion authorized I'm guessing that there are that many ready to come out at anytime ...it does not look good. All seems very deceptive to me.
But do your own dd of course. I am just of opinion that this is one to stay far away from.
I agree. It seems speculation about that might keep this going for a while. I'm anxious to see how it goes today.
Here is a company that has said that it was doing a r/s. This with in just a few months of a previous reverse....last I checked otc they reported only 29 million shares out and its been a while since I looked....they may have corrected it..so what is the truth?....now what I think doesn't matter as its only opinion but that said I have no reason to believe anything they say.
http://www.otcmarkets.com/stock/ACLP/profile
Would I believe they would lie.....click the above link.
yes I know that is what it reports but you can't believe it. I read a boat load of the filings and yes its been awhile since...but I get the impression they have 10 billion authorized. To me in the case of this company the way shares are dumped and the way they finance I consider 10 billion same as outstanding.
what if they have 10 billion shares out?
asking you a dumb question......what is to take place in June?
This looks really good. This could fly. I'm happy very happy if it can make .005. Hope for a penny.
was not a fake after all . 12million shares of the 15 was swallowed in a single slurp. That was real.
agree does seem that it should pop. fake wall....hmm maybe.
Trust me. That is not a fake wall...It's real.
if it r/s was rejected it might have been on a technicality and now that they have filed the report that can open the door to the r/s to happen anytime. Company has not addressed the reverse split hang up. Investors are few ....only the traders got burned yesterday.
How do we know for sure that the r/s was rejected and then if so when can they try it again?
over a half billion shares traded in 1 day.Tomorrow should be very interesting.
I am amazed that we are still trading. It would seem that those who exited at the 3's and 4's got lucky. I have what I have and would not be a buyer. That is the point. Why is it above .0001? Pr was nothing.
I doubt that news we got moved this stock today.I'm thinking something bigger or different is in the works. We have had lots of PR and has no affect. Nor should the recent. This stock was left for dead and now has some life. have fun and see what happens in the new life.
Fantastic. That's super.
Looking for up to the 8's maybe not today but in not too distant future. I'm letting it ride. How are you?
Really, it's up so .....I like it.
Right. I battled with a few of them on here. But greed and desire to be gambling is the reason these leeches succeed. Take that out of the equations and all of sudden the pr's are seen for what they really are...garbage dressed up real nice to take advantage of the desire to make lots of money from the ordinary guys and empty the pockets of anyone they can.
ah ....and you thought I was the dim wit.....LOL
I said all along this company was nothing .....and since I started saying that nothing has changed that could prove me wrong. And this company will provide nothing of value to its players called investors who buy these shares. imo. but losses.
I don't believe there will ever be a true dividend show up in my account from this company.Plus if they ever did show up I think they would be worthless. But it made for a good story and all that and they raked in some serious cash selling this near worthless trash to the public.
nope......this one is not the worst trust me.......there are others out there that are worse.....just not that much worse...Yeah this was one sorry company.
Generally I don't buy in subs but I have in the past couple of years and ACLP is one of them and I have lost my rear on this and have little expectation of this one coming back. I have had mixed results on the subs that I have bought into. That said. I do believe that you are right that something is up with this one. Someone or some folks have bought millions and million recently at .0001 and when it seems the stock is dead with no hope. Who is buying and why? Some people have called this stock a scam. I don't know if this group that operates this in the back ground called management or some other entity is a scammer and its not for me to say so I do not call it a scam but I do believe the intended reverse was an effort to just sell shares and then reverse everyone out in the end so that they lose their money....if that action and intend is in fact as it seems then no wonder people feel that this is a scam. I have lost my money unless this moves back up. Is it a scam....well had I known that they intended to just dump shares and and then reverse it in just a few months time.....I would not have bought into this a thin dime. Nobody would have.
yes and I hope its a news letter outfit with some knowledge of something good going on here soon. good luck.
I don't care about those filings as I consider this a loss anyways. But everyone hit the exit on the looming r/s. If that don't happen hmmm.....maybe we are really thin here and yes decent news release might cause it to pop. Not saying buy. As I don't have a clue what is going on. I'm not planning to buy more but I am holding 3.5 million shares. 2's are up on the board..
Hey, do me a favor guys and gals.....someone ask management where is my I-TEXT dividend. I'm a chart guy and don't understand crooked conversation so I need a translator to talk to management and just ask him where is the I-text divvy?
Thanks for the comment. Since this one ACLP went to .0001 and news of the pending r/s I pretty much figure this is a near total loss. May still be but if there is no r/s allowed as everyone thought then the operators will want to do something with this ticker. So I have renewed hope. But to be honest about it I would rather see my loss be 100 percent and lose as long as someone inside pays for any crooked business and that is up to the powers that be REGULATORS to determine....that said if losing my money is the price then so be it but I feel good if the backroom operation is disrupted so that others won't be fleeced in the future. I think that from day one after the last r/s the whole intent was to r/s again with the knowledge anyone and everyone except insiders are going to lose. I hope it cost them dearly.
Correct me if I am wrong and someone has positive proof to share of that difference. This stock has not performed a reverse split there has been no reduction of shares such as a 250:1 or 500:1.....nothing even tho report shows other wise and the stock is now coming to life. Can't no body tell me something is not up with ACLP. Heck this might go back to .0008...
Warning new people if you are looking here..think again.
lol....I agree. Let's see what comes down the road. Maybe by football season. Good luck.
I'm guessing that if a person were to buy @.0002 AND try to sell for .0003 you will be waiting in line with about 500 million shares in front of you. Just a guess but it would be a lot...but good luck.
well,well,well! Here I am still waiting on some value to show up on my GCHI dividend...and my I-TEXT dividend to show up in my account..I am beginning to think this has all been a scam. I was right to not have faith in this stock no matter how many folks blasted me for saying this was one of the worst stocks ever.