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i know
when i was in it befor the rs i got out but a guy i know didnot and his went down 1 4 250 rs he had 100,000.00 and now he his 4000. thats all that why i got back in thinking the rs was over
when will we start to move up here ???????
Capital Change=shs decreased by 1 for 250 split. Ex-date=09/04/2014. how can they another one so soon ????????????
not now
can you copy paste where this is as per a previous filing i did not see that on another rs to be coming ?
OVERVIEW
The Company is in the business of enabling pathology diagnostics through its Accelpath subsidiary. The Technest subsidiary was in the business of the design, research and development, integration, sales and support of three-dimensional imaging devices and systems but is no longer active. See below for a description of our Accelpath business.
Subsequent to December 31, 2014, the Company terminated its investment in Energy Innovative Products and undertook an investment in Village Tea Distributors, Inc. Please see Note 1 to Condensed Consolidated Financial Statements included in this form 10-Q for an Overview of these businesses.
AccelPath Business
Material Definitive Agreement
On February 5, 2015, AccelPath, INc. (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with STI Signature Spirits Group, LLC, a New York limited liability company (“STI”), and the members of STI (collectively referred to as the Sellers). Under the terms of the Agreement, the Sellers will sell 52.78 membership interests in STI, representing 52% of the outstanding membership units of STI (the “Majority Interest”), to the Company. In exchange for the Majority Interest, the Company shall issue shares of a newly created Series K preferred stock (the “Preferred Stock”) with a stated value of $750,000 and $55,000 of restricted common stock of the Company and will assume $485,516.53 worth of STI’s debt. Further, the Sellers shall be entitled to additional shares of Preferred Stock with a stated value of $2,250,000 pursuant to a three year earn out based on the number of units sold and booked by STI for each calendar year beginning the 2015. Please see our 8-K of February 10, 2015 for more detail.
Issuance of Debt
On January 1, 2015, the Company issued a note for $30,000 for consulting services. The convertible promissory note bears no interest and matures on December 1, 2015. The third party has the option to convert all or a portion of the note plus accrued interest into common stock at a conversion price equal to 50% of the lowest closing bid price for the twenty days prior to the conversion. As of the date of this filing, there have been no conversions of this Note and the entire amount is outstanding.
On February 1, 2015, the Company issued a note for $30,000 for consulting services. The convertible promissory note bears no interest and matures on December 1, 2015. The third party has the option to convert all or a portion of the note plus accrued interest into common stock at a conversion price equal to 50% of the lowest closing bid price for the twenty days prior to the conversion. As of the date of this filing, there have been no conversions of this Note and the entire amount is outstanding.
ur common stock is listed on the OTCBB and trades under the symbol ACLP. On September 4, 2014, there was a 1:250 reverse split.
During the six months ended December 31, 2014, the Company issued the following shares:
·
608,833,551 shares pursuant to the conversion of debt, accrued interest and related expenses;
·
59,697,000 shares pursuant to the 3a10 program;
·
3,763 fractional shares associated with the reverse split of September 4, 2014.
the reverse split. has been done imo thats why i got back in good luck to all here
Capital Change=shs decreased by 1 for 250 split. Ex-date=09/04/2014. the Reverse split has already happened and is not pending. Iwas in this stock back then and was lucky and got out and made a few bucks. I just entered back into it again waiting for it to fly one more time. Good Luck to All.
i see that {{{{{{{
Another Great Article On MM's
and their Lucrative Business!!! And this is for Real, as was Done By seekingalpha a very Reputable Site!!! I would post the Link, butt some Mods Delete or Admin!!!
Naked Short Selling Is Killing OTC Companies 1 comment
May 23, 2012 11:15 AM
Shorts are alive and well and, the OTC Markets haven't seen the kind of rampant short pressure that is more and more commonplace today. Small development stage companies, and even profitable companies are being negatively attacked and sucked into a trap of naked short selling, which ultimately sends their stock prices plummeting, and often to the point of no return.
According to OTCShortReport.com a leading data provider of Naked Short Position information, a higher than normal number of companies are contacting them with questions ranging from who is shorting my stock to why are their securities being shorted so heavily. As a data provider, OTCShortReport.com doesn't know who's behind the shorting, but suspicions are it's Market Makers who are operating on a completely different playing field, are taking advantage of the rules.
Market Makers, unlike Brokers, can simply create shares out of thin-air that quite frankly cease to exist under the guise of creating liquidity and keeping markets rolling. The problem is when a Market Maker decides to send your stock in a downward direction, that's it, your company is going down. It doesn't matter whether you try to short squeeze the heck out of them or not, in the end, they always win.
Recently, ISM International (PINKSHEETS ISML), a victim of short selling, was so fed up with the abusive practices taking place with their stock, they contacted OTCShortReport.com regarding the possibility of creating a documentary to expose what is really happening. Only yesterday 73% of ISML was shorted for no apparent reason. Orders come into the stock, and Market Makers simply short against them, and then show up on the bid at much lower prices-waiting like predators. "I spend a great deal of the day explaining to my shareholders that we are being attacked. I have complained to the appropriate authorities, but no one seems to care," says Mario Quenneville, CEO of ISM International.
Naked Short Selling is also a common practice on penny stock promotions. Look at companies like SNPK, POTG, and current promotion GWBU. The short positions in these stocks are huge. Market Makers are building massive short positions in the dollar range, and effectively staying naked-short until these promotions get crushed, and give them the opportunity to cover in the sub-penny range. Of course, these Market Makers face no borrowing fees or lending contracts like regular Brokers, so essentially it's just the wild, wild-west where they know full well they can do whatever they please.
OTCShortReport.com executives say it's not uncommon to see 50% of a stock promotion being shorted. The big traders have lots of money… a lot more than the retail audience, and there is no urgency to cover these positions. Market Makers can't be scared into covering because quite honestly they don't care. A stock can run up 500% and they have proven they will just short more.
We invite investors to take a look at what is happening with this illicit naked short selling practice at www.otcshortreport.com
Feel free to query any OTC Stock you wish, and you'll be surprised at the amount of information you will find.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Another Great Article On MM's
and their Lucrative Business!!! And this is for Real, as was Done By seekingalpha a very Reputable Site!!! I would post the Link, butt some Mods Delete or Admin!!!
Naked Short Selling Is Killing OTC Companies 1 comment
May 23, 2012 11:15 AM
Shorts are alive and well and, the OTC Markets haven't seen the kind of rampant short pressure that is more and more commonplace today. Small development stage companies, and even profitable companies are being negatively attacked and sucked into a trap of naked short selling, which ultimately sends their stock prices plummeting, and often to the point of no return.
According to OTCShortReport.com a leading data provider of Naked Short Position information, a higher than normal number of companies are contacting them with questions ranging from who is shorting my stock to why are their securities being shorted so heavily. As a data provider, OTCShortReport.com doesn't know who's behind the shorting, but suspicions are it's Market Makers who are operating on a completely different playing field, are taking advantage of the rules.
Market Makers, unlike Brokers, can simply create shares out of thin-air that quite frankly cease to exist under the guise of creating liquidity and keeping markets rolling. The problem is when a Market Maker decides to send your stock in a downward direction, that's it, your company is going down. It doesn't matter whether you try to short squeeze the heck out of them or not, in the end, they always win.
Recently, ISM International (PINKSHEETS ISML), a victim of short selling, was so fed up with the abusive practices taking place with their stock, they contacted OTCShortReport.com regarding the possibility of creating a documentary to expose what is really happening. Only yesterday 73% of ISML was shorted for no apparent reason. Orders come into the stock, and Market Makers simply short against them, and then show up on the bid at much lower prices-waiting like predators. "I spend a great deal of the day explaining to my shareholders that we are being attacked. I have complained to the appropriate authorities, but no one seems to care," says Mario Quenneville, CEO of ISM International.
Naked Short Selling is also a common practice on penny stock promotions. Look at companies like SNPK, POTG, and current promotion GWBU. The short positions in these stocks are huge. Market Makers are building massive short positions in the dollar range, and effectively staying naked-short until these promotions get crushed, and give them the opportunity to cover in the sub-penny range. Of course, these Market Makers face no borrowing fees or lending contracts like regular Brokers, so essentially it's just the wild, wild-west where they know full well they can do whatever they please.
OTCShortReport.com executives say it's not uncommon to see 50% of a stock promotion being shorted. The big traders have lots of money… a lot more than the retail audience, and there is no urgency to cover these positions. Market Makers can't be scared into covering because quite honestly they don't care. A stock can run up 500% and they have proven they will just short more.
We invite investors to take a look at what is happening with this illicit naked short selling practice at www.otcshortreport.com
Feel free to query any OTC Stock you wish, and you'll be surprised at the amount of information you will find.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
let me know what you come up with thanks
2000 to 1 split ??????????
td ameritrade will
are they doing a rs here?
10-K/A 1 f10ka063013_10kz.htm FORM 10-K/A AMENDMENT NUMBER 2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Amendment #2
X .ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended June 30, 2013
.TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission File Number 000-27023
AccelPath, Inc.
(Formerly – TECHNEST HOLDINGS, INC.)
(Exact name of Registrant as specified in its Charter)
Delaware
45-5151193
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
850 Third Avenue, Suite 16C NYC, NY 10022
(Address of principal executive offices)
850 Third Avenue, Suite 16C NYC, NY 10022
(Mailing Address)
Issuer’s Telephone Number: (212) 994-9875
Securities registered pursuant to Section 12(b) of the Act:
Title of Class
Name of each exchange on which registered
None
Not Applicable
Securities registered pursuant to Section 12(g) of the Exchange Act:
Common Stock, par value $0.001 per share
(Title or Class)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes . No X .
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes . No X .
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding twelve (12) months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past ninety (90) days. Yes X . No .
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes . No .
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant ’ s knowledge, in definitive proxy or information statement incorporated by reference in Part III of this Form 10-K or any amendments to this Form 10-K.. .
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
Large accelerated filer
.
Accelerated filer
.
Non-accelerated filer
. (Do not check if a smaller reporting company)
Smaller reporting company
X .
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes . No X .
The aggregate market value of the voting and non-voting common equity held by non-affiliates* computed by reference to the price at which the common equity was sold, or the average bid and asked price of such common equity, as of March 21, 2014 (See definition of affiliate in Rule 12b-2 of the Exchange Act.) was approximately: $700,000
Affiliates for the purpose of this item refers to the issuer’s officers and directors and/or any persons or firms (excluding those brokerage firms and/or clearing houses and/or depository companies holding issuer’s securities as record holders only for their respective clienteles’ beneficial interest) owning 5% or more of the issuer’s Common Stock, both of record and beneficially.
APPLICABLE ONLY TO CORPORATE REGISTRANTS
State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date:
992,549,379 shares as of March 21, 2014, all of one class of common stock, $0.001 par value.
2
Explanatory Note
Accelpath, Inc. ( “we,” or “our” unless the context indicates otherwise) is filing this Amendment # 2 on Form 10-K (“this Amendment”) to our Annual Report on Form 10-K for the year ended June 30, 2013, as filed on March 21, 2014 (the “Original Filing”), and as amended by Amendment #1 thereto filed on March 24, 2014 (“First Amendment”) solely for the following purpose:
The Original Filing and First Amendment originally stated that we were a shell company as defined by Rule 12b-2 of the Exchange Act. This was incorrect, inadvertent and inconsistent with our prior and subsequent filings. We have corrected this inaccuracy with this Amendment.
Except as described above, this Amendment does not amend, update or change the financial statements or any other disclosures in the Original Filing or First Amendment.
Signatures
In accordance with Section 13 or 15(d) of the Exchange Act, the Registrant caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized on April 10, 2014.
ACCELPATH, INC.
By:
/s/ Gilbert Steedley
Gilbert Steedley,
Chief Executive Officer, Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer
In accordance with the Exchange Act, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Gilbert Steedley
President, Chief Executive Officer and
April 10, 2014
Gilbert Steedley
Director
3
10-Q/A 1 f10qa123113_10qz.htm FORM 10-Q/A AMENDMENT NUMBER 1
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
Amendment #1
(Mark One)
X .QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended: December 31, 2013
OR
.TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______________ to ______________
Commission File Number 000-27023
ACCELPATH, INC.
(Formerly - TECHNEST HOLDINGS, INC.)
(Exact name of registrant as specified in its charter)
Delaware
45-5151193
(State or other jurisdiction of incorporation or organization )
(IRS Employer Identification No.)
850 3rd Avenue, Suite 16C, NYC, NY 10022
(Address of principal executive offices and zip code)
(212)994-9875
(Registrant’s telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filed such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X . No .
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit and post such files). Yes X . No .
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
Large accelerated filer
.
Accelerated filer
.
Non-accelerated filer
. (Do not check if a smaller reporting company)
Smaller reporting company
X .
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes . No X ..
As of April 3, 2014, there were 992,549,380 shares of common stock, $0.001 par value, of the registrant issued and outstanding.
This Amendment No. 1 on Form 10-Q/A (this “Amendment”) amends the Quarterly Report of Accelpath, Inc. (the “Company”) on Form 10-Q, for the quarterly period ended December 31, 2013 (the “Form 10-Q”), filed with the Securities and Exchange Commission on April 3, 2014 (the “Original Filing Date”). The purpose of this Amendment is solely to correct the date of the reporting period on the cover page. It had inadvertently been reported as the quarterly period ending September 30, 2013 instead of December 31, 2013. The correct period is added in this amendment.
No other changes have been made to the Form 10-Q. This Amendment speaks as of the Original Filing Date, does not reflect events that may have occurred subsequent to the Original Filing Date, and does not modify or update in any way disclosures made in the Form 10-Q.
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ACCELPATH, INC.
Date: April 10, 2014
By:
/s/ Gilbert Steedley
Gilbert Steedley
Chief Executive Officer and President
2
amended filings
news will be soon now JMHO
news out sec 10 qa and 10 ka filings are out now this is on td ameritrade
aclp long 24 mil )))))))))))
Any thoughts on when this might start working back up?
ACLP LONG HERE GOOD LUCK TO ALL HERE )))))))))))))
aclp long here )))))))))))
plpl long here @ 2.48 (((((
fspm long
when are the financials coming out ?
thank you
why
back to 34 ??????????????
financials out look
i will hold
that would be 12250 more $ that would make make having $71750 in this i need to go get help
i bought in at 34 i got 175000 up there i am in the hole
i have 175000 now ?
i will sell befor i see it go to 3
what do i need to do here help ?????????????????
i am in this at 34 when will it get there help ????????????