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Re: investor2004 post# 3715

Monday, 11/03/2014 8:39:40 PM

Monday, November 03, 2014 8:39:40 PM

Post# of 3734
The equity is not removed by the SEC. Shareholders will still own the exact amount of shares upon the KADR stock registration revocation, but the stock will not have the ticker, KADR. A number will be assigned by each individual Broker for Arcadia Resources Inc. shares.

The SEC revokes the stock registration so that it cannot trade on any public market or public system, so, although the company can choose to continue operations as a private company the public stock and ticker will no longer exist.

Shareholders can trade the stock privately but it is not likely that anyone would buy shares in a private transaction that in turn could only be re-sold in another private transaction.

Regarding a FORM 15, all companies must be current in their Financials reporting obligations to qualify for deregistering from the SEC. So the time for Arcadia to file a FORM 15 was in 2011 after their last Financials were posted. It was too late to file a FORM 15 in 2014 to circumvent a Suspension and revocation. As an SEC Registrant Arcadia absolutely knew this but decided to be derelict in filing anything at all for over 3 years. If investors of delinquent SEC filers cannot or will not research what happens to delinquent filers then their research is egregiously inadequate. The SEC site is chock full of thousands of SEC actions against delinquent SEC filers.

http://www.sec.gov/litigation/suspensions.shtml

http://www.sec.gov/litigation/admin.shtml

http://www.sec.gov/litigation/litreleases.shtml

http://www.sec.gov/alj/aljdec.shtml

http://www.sec.gov/alj/aljorders.shtml

The next two links are for the SEC Administrative Law Judge and Office of Investor Education and advocacy. There is a phone number in the second link to call.

http://www.sec.gov/alj#.VFgp3TTF9k0


http://www.sec.gov/oiea#.VFgpkTTF9k1

Since Arcadia hasn't returned calls or emails for two years it appears the company is either defunct or just doesn't want to reply to shareholder inquiries.

Shareholders can sue the company for losses but as I wrote in prior posts the company and officers can just make any remaining assets disappear and shareholders would be out-of-pocket the costs of litigation.

And, please extend the courtesy of spelling my name correctly. It is Renee, not Rene.


To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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