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Re: onelove17 post# 20401

Friday, 06/15/2018 10:04:40 PM

Friday, June 15, 2018 10:04:40 PM

Post# of 27120

The Shares will be restricted securities. In the event that that the certificates representing the Shares, which will be legended to indicate that they are restricted securities, are not exchanged for certificates without such legend 6 months after the closing under the APA (the “Closing”), the transactions under the APA will be unwound, such that the Shares will be returned to the Registrant and the assets transferred to the Registrant pursuant to the APA will be returned to the persons who transferred them to the Registrant. To that end, the Shares and the instruments returning said assets will be held in escrow. Because the Registrant is a former shell company, certificates without such legend will not be issued unless it is current in its reporting requirements under the Securities Exchange Act of 1934. The Registrant is now current in such requirements and believes that it will continue so to be current at all times. The resale of the Shares by Mr. Hainbach is subject to the limitations that (i) he may sell, beginning 6 months after the Closing, one-sixteenth of the Shares in any calendar quarter, on a noncumulative basis and (ii) he may sell only 60,000,000 shares until the first anniversary of the Closing.



This is actually a good deal for shareholders, not sure what there is to get worked up about. They changed some language, but it's basically the deal we already new about. I have a feeling that within the 6 months, we'll hear some very positive news from $ACOL.