Acacia Diversified Holdings Inc (fka ACCA)

[billy28227047]

Everyone should be reading those filings like me and you (PhenixBleu). I do not know how people can "blindly" invest or find game changers without knowing as much as they can of what is going on under the hood. Additionally, I do not disagree with your points PhenixBleu. They are very much valid.

One thing I want to state off the top, KEEP in mind what we are talking about here with the COURT CASE. This case is about ACEMBLY and SNGY. While we have concluded that Acembly/SNGY would be going under ACCA as a holding, the exact details of case may not directly reflect the (financial/business) situation under ACCA. So, keep that in mind when looking at the case.

So, having sat down and read through the latest round of court cases yesterday, I am left with MANY questions and WTF's. I was really pulled back by what was admitted to and what is denied. I walked away to think about it for a bit to think about it, and then came back to reread.

After having a quick call with a legal connection, I have a new sense of understanding. Anyone ever hear the phrase, “Why buy the cow when you can get the milk for free?”.

I admit, I am not a profound business professional. While I do understand the basics of how businesses run, I would not be able to control/run a fortune 500 company. That requires thinking on a high level and being able to play extreme chess with business needs/desires.

While I do not have time to lay out the entire call conversation with my counsel, I want to give some highlights and things for you guys to think about that kinda opened my thinking. The following should only be taken as open thought based on educated thinking.

1.Jeff does appear to officially own the Acembly that he wants to put into the SNGY shell.
a.He is probably being forced (by his counsel) to hold the RM until the case settles.


2.It is 2 former employees (and the company they work under now) that are suing.
a.We currently only have a “he said/he said” situation. We need more exacts of the situation.
b.When do we see the final signed/sealed deal paperwork? Only seen a LOI at this time.
c.They seem to officially only being kept on for transition counsel for short time period anyhow.
d.They were not being kept long term from what I see from the case. They were not needed for long term operations.


3.The actual engineering staff and product IP not the issue of the court case.
a.What if Acembly was bought for the support staff and intellectual property?
b.What if Jeff bought Acembly for its IP to place into another company (then shove into SNGY)?
c.What if there is more than just Acembly going into SNGY?


4.What if Jeff is using this move to “trim the fat” quickly under Acembly?
a.Keep in mind he is working in a very tight environment because of Covid.
b.What if he was following his counsel to only do the “minimum” to officially gain legal control of Acembly?


5.We still have no idea what else is going on behind the scenes.
a.What if he and his investors are funneling funds to bigger fish at this minute?
b.While we have shown financial backing connections for ACCA, it does not mean they are backing SNGY.
c.Building SNGY may be a “bonus” move on Jeff’s part in the grand scheme. Might explain why it SNGY funds seem to be on Jeff’s shoulders.
d.Doing what is “morally right” is not always “business right”.
e.Jeff already has much invested across the board from what we can verify. why would he let that effort go to waste?


6.While he be able to obtain small business covid loans from the latest stimulus to correct things in a better light?



There are more things I missed but wanted to at least get some thoughts out there for others to think about. And as always, if you see anything different or have anything to add, please speak up. Its always better to have open conversations.

As always, please do your own DD and do what you believe is right for you and your money. I would just say to really give this serious thought before tossing in the towel or investing deeper.

Upfront and in the open, I am holding a sizable share count and will continue holding it. I will continue adding to it and will not be selling a single share till a much higher PPS. I am willing to chance holding the bags here if worst case scenario happens. From my DD, I really do think we have something great brewing here. It may start blooming at the end of this month or maybe it needs more time to bloom next fall. I do not know, but I will be riding this ride and find out as I believe it will be worth it for me.


Read the CASES documents!

https://www.pacermonitor.com/public/case/37594863/Kennedy_et_al_v_Bearden_et_al

https://www.docketbird.com/court-cases/Kennedy-et-al-v-Bearden-et-al/cacd-2:2020-cv-11483