Hi Rene, thanks for the response. Actually, where did you respond regarding and answering the major question of how it is that equity is removed by the SEC revocation? You state this as a fact. So, where in your postings is this supported or explained how this is possible? I have not seen that answer and would love to understand that since at this point I have not seen any reasonable explaination of why this would happen other then you just stating it is so. Do you have a link to an SEC regulation regarding this or some other federal or Nevada state law supporting your post since what you are saying is a huge issue one way or another for this stock and the stockholders here.
I never once said it was your fault. I know it is not. In regards to the form 15, makes you wonder why this was not done since it appears to be so simple from what you say. Maybe there is a reason for this or they wanted to purposely let it be revoked? One has to wonder this considering if what you are saying is true about how simple it would be to file as a non registrant stock why would they not just do this as a last act on windown? Arcadia is unresponsive and has been left messages on phone etc. with no response btw. This has been going on for two years.
Overall, one has to ask why the pharmacy was sold at a pittance of what it was purchased for in 2007 and 70-80m in revenues on the staffing side was given away for 1m in cash and 11-12m in debt to be taken over by a prior CEO of Arcadia. Stockholders hoped because it looked so bad with the final CEO going to work for Walgreens who bought the pharmacy side for almost nothing and an ex CEO getting the staffing side for almost nothing that what happened was so bad that is MUST be part of a restructuring plan that would come back into this registrant to make things right with shareholders and the remaining creditors. I mean, how could you have so much nepotism draining the company of its assets without a plan to make things right and get away with it? Of course, it is becoming more apparent now that these people entrusted with the feduciary responsibilities to do what was in the best interest of the company and stockholders may have just walked off with cushy new jobs and all the companies assets leaving all the stockholders and creditors to suffer. Ultimately, that is the situation you have walked into here at Arcadia Rene in a nutshell.
