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Thanks for the information I understand the ASC initiated the cease trade order, my question is can they be unaudited financials or do they have to be audited in order to resume trading in Canada?
This is what Glen has said all along.
He said the 2018 financials would be out in March.
I believe their year end is required to be filed by the end of March.
I’m not sure about being traded in Canada with out unaudited financials. I know I have traded this type of company in Canada (unaudited financials) but I believe that because Glen as a director resides in Canada the regulations are different. If anyone has better information on this please share.
Being a Canadian and not being able to trade has been frustrating.
That’s hilarious.
Here’s another one!
Suvorov while he is sitting at Macdonalds all day. Taking in the free coffee and WiFi with his fellow coffee shop philosophers. Has way too much time in his hands so he makes up stories about all of the companies he is envious of and who didn’t buy in on his land scam.
Have a fantastic Friday everyone.
This is just way too much fun!
Adit - An opening driven horizontally into the side of a mountain or hill for providing access to a mineral deposit. I can find a wrong in your perceived right and vise versa. As you can see these are all up for interpretation. And using language in layman’s terms has no basis for your continuous attack’s as to Mr. Grants credibility. This is obviously a personal vendetta that you have. I think I can speak for many of us as we really getting tired of this nonsense. It seems it is time for you to move on.
All the best.
Mr. Survorov,
I been watching on here and made a few posts for some time now. I am also a share holder. I once thought you had some valid points and were a straight shooter. But I can see now that is not the the case. You obviously have an issue with ACRL and it’s CEO. Maybe because they walked away from talks with you. Maybe because you have your eyes on their claim and want them to fail.
But it’s so obvious you’re trying to manipulate opinion here. I think someone said if you don’t own the stock and are spending all this time and effort to discredit the company and its CEO you have issues. It’s maybe time to let go and move on.
You post the same thing over and over we know there is no 43-101 all assets are estimates we know.
This is a crap shoot we know.
We know there maybe 0 or maybe 1,000,000,000 or some where in between. We know!
We know they have gone to
Unaudited financials. I think it’s what they should have done from the start it would have given them more cash for drilling. We know haven’t paid the driller but will do so when and if they raise more money. We know all
Of the things you keep
Posting over and over again.
Maybe it’s time to do something constructive instead of wasting your and our time here.
Have a nice day.
There is several exploration companies on the TSX venture exchange that don’t have 43-101 this is one of the ways they raise funds to complete this. There are regulations as to whether they are a mining company (actual commercial production) or exploration company. Aben resources for example had no 43-101 and is in the TSX ( I own this stock feel free to buy in;) as well as ACRL)
I would not believe anything that is written on here do your own DD.
ACRL is a risk with a huge upside potential IMO.
They don’t need a 43-101 to trade in Canada it’s the financials that have be done and up to date. Most exploration companies don’t have a 43-101 until they have done extensive drilling.
Wow you have your own planet!
How’s the beer there?
This company is in Canada :)
Check it out on Google maps, you can drive there. No dog sled , snow mobile or mule train to get there. If you look you can see the igloos! ??
They have some cobalt claims as well in Ontario
Yes we cannot trade it’s suspended here because no financials are filed, hopefully that’s all cleared up by early February.
Good day all, I have been watching reading and made a few posts on this board. Many of you have very valid points even the so called negative ones. I have talked to texted and emailed Glenn many times. I also called into the last annual meeting. This is is my take on this.
Glenn as far as I know has never lied to me. I think his estimates are at times are a little higher than what I think is reasonable. But I do know he has more information than I do so I can’t be sure. I also know that in-spite of all the lack of funds out standing payables and no 43-101 that there is a possible huge upside to this company. They are not a mining company so I would think a JV or buy out would be possible. The fact they never found any gold in the last core samples doesn’t really mean anything( I don’t think they went deep enough) The fact is there is gold there and they are surrounded by it. KL has more than 300 million in the bank with record production in 2018. If you had that mine and they know way more then we will ever know about these faults and gold deposits are all around them. With the infrastructure in place it would be prudent to look at adjacent properties to expand. Precious metals are in the rise IMO for the long term. This little sub penny stock could explode. But there is risks that’s what we are willing I take. I have also been doing this for a long time mostly gold silver and diamond stocks. I have made some really good money and lost some to. But I have never seen a play like this. Time will tell I guess, just some thoughts. In the end do what’s best for you.
I have had TSN for a few years and it’s now a mining company it almost went bankrupt but they pulled it off now they have their second mine going into production in the first quarter.
I think this and most gold stocks are way under valued right now and good place to put your play money if you have some.
All the best to
You all!
M
I think this is good activity with all this selling there is people buying in at a higher price so the base is now set higher for people to take a profit. Now IMO it will move up again.
You still can this is something you could gather some investors and buy. It would be good for long term for the company and the investors. IMO. Give Glenn a call if you want some.
This is great news
That’s because of the Alberta stock exchange suspension they want financials back to 2015 see
https://www.otcmarkets.com/stock/ACRL/news/ASC-Cease-Trade-Order?id=199504
Here is a link to the app that aware360 is marketing, they are a fairly big company. I'm not sure if the revenue they forecast is realistic but at least there is a possibility that they may have some income.
https://aware360.com/new-tech-can-weed-out-impairment-at-work/
Sure let’s see
Glenn did say in the meeting they have not sold any class B shares as of Dec 20. They have no money to do any of this assay work or more drilling and yes audits. They are suspended from trading by ASC so you can’t trade in most provinces in Canada. They want financials back to 2015. Would you buy a class B share with an option .01 ?
When the price today is .001
They current ownership can’t even put up the 40k to do the audits.
If that were done maybe they could find some investors.
The projections for income on the app and property values have no substance and are a guess at best.
There has been no 43-101 done they have no money and not enough core samples to do this.
If it were me I would put up my own cash to get the audit done. If they believe what they say it’s a no brainer.
IMO
Happy New Year everyone!
You have a Merry Christmas as well.
Lol not me I need to see them get out of this before I put any money in. Maybe Santa will pay it!
That’s only if they can raise the cash to pay for them.
They have not sold any class B shares yet as stated in the meeting.
So they have no cash as of yet to pay for any of this.
https://aware360.com/new-tech-can-weed-out-impairment-at-work/
They have sold the rights to the app and say they have a 20% royalty on all sales. This maybe a possible revenue source in the future if they can market it.
I think there is potential here but if the management could put up their own money to pay for the audit it might grab some traction.
Agreed pretty hard to get people to invest with no audit and no cash to to do one.
If they had some financial statements and were were current maybe there is a chance it could go.
I mean time the stock gets pumped and dumped and starts all
Over again.
Have a Merry Christmas everyone!
Maybe 2019 is the year we hit a home run lol.
And a merry Christmas to
You and all! Good day :)
You write lots but say Nothing.
I hope it all works for you buy buy buy!
Agreed they are maxed out.
I can release articles about how I want to be CEO of apple and why but if no one is interested they is no hope.
Well maybe in my case lol.
The ramblings are nothing more than that.
If they can get their act together I would be ecstatic! How ever I feel my only gain is the right-off for a bad investment.
If he is so active why can’t he come up with $25000 to pay the auditors.
That says it all until that happens the company can go no where. He’s been trying to raise this for over a year now. Until that’s paid there is no company.
You can live in the Fantasy world if you like but he has been saying the same thing for a long time now and nothing is happening. If you have been taking to him for any length of time you would be able to figure it out. If they pay the audit and get the the suspension lifted I’m on board. Until that happens buyer beware!
I agree nothing has happened to move the company ahead it is suspended in the the CEO’s home province in Canada because of no financials being filed back to 2015. All the ramblings have no backing. It will be interesting to see what he says at the annual meeting coming up. But unless they have the audits done and paid for with capital to move ahead I can’t see any future for this company. If I could sell my shares I would but I’m unable to trade them because of the suspension.
That is the only fact I can go by all the rest is just fluff.
The person not presenting the facts is you “Fake news”
This has nothing to do with being negative or positive there is no grey area here. These are the facts it’s not the warm fuzzy feeling you get that makes you money in the stock market its the facts. So far you have provided none. And the laws in Canada are there to protect investors from companies who do not disclose, do not provide financial statements and are out to fleece investors (the little guys like you and me). They have not provided adequate financials since 2015 it’s on record and on the suspension order maybe you should read it.
And class B shares can be set up how ever the company wishes. In this case it would be protected from a reverse split. Which is quite possible in this case at over 900 million shares in play. This would be a 1 for 20 at current value.
I just can’t see any up side to this company or their class B issue. I can can’t even sell my shares because it’s suspended here in Alberta Canada. So how many class B shares have you bought?
I guess there isn’t too many smart investors around! They are not smart enough to buy class B shares at $2500 convertible to 250,000 shares at 0.01 in 6 months when you can buy 250,000 shares now for $125.00 right now.
I believe I would have the same Aunt!
Same old story but no real information. It’s about what other companies are doing and nothing to do with ACRL. Would you buy a class b share convertible to 250000 shares @ 0.01 in 6 months? When you can buy shares @ 0.0006 or less now. If you do buy some I have several summer time igloo’s for sale in the Okanagan on the lake. They have to be bought in January!
IMO this is all old news if they are able to raise some funds to pay for the audits 25-50k and do some analysis of the core samples they say they have. As well as more drilling and .... but we are talking al least 3-5 million in funds to do this not sure where that will come from unless they find some investors. With a billion shares out there it will be hard to go to the market for more funds.
I’m no expert so do your own due diligence.
If I could dump this dog I would it’s suspended here in Canada (ASE) everything I was told would happen never has.
Yes 4 million equals $1200 value in trade volume, and you say it’s going to a $1.00 how do you come up with that number. You’re saying this is a billion dollar company?
The only thing that’s close IMO is ACRL being suspended.
They don’t even have the funds to get their financials done I don’t think they can even buy the one share