Bag_Collector -> Jeff appears to be the sole owner of ACCA and all of his other companies that has been posted here. The only sign of anything changing hands is the private company Acembly that Jeff bought. But if that does change hands due to the court case, it would go back to the original owners. The rest of the companies, I am not sure who would want to buy or invest at this time. Pretty sure Jeff would rather let the companies hibernate or die off before handing to someone else at loss.
I have not been able to find any evidence that would confirm any of the following:
* Silent partner.
* Any business partners.
* Any parent companies above ORCIM Financial Holdings, LLC (company that bought ACCA shell).
* Any other companies involved.
* Any evidence that confirms Larnell C. Simpson Jr. or Timothy L Matthews, Jr. is actually working at the ACCA.
* Anything showing that any of his companies are operating (No contracts, no employees, lack of funds, Lack of PR).
What we have been able to find is:
* Joseph Meuse apparently was helping to broker deal with Acembly. Maybe he got a broker fee?
* Loans he received to buy ACCA shell, Acembly, SEC paperwork came from either direct bank loans, bit of money he had sitting in B&D, and/or Covid stimulus loans.
At this point, we will probably see one of the following options:
* Company be delisted by SEC because of the rules that went into effect this year as the deadline comes quickly. Still no SEC fillings.
* Company collapse and goes dead.
* An angel investor comes along.
* A regular investor comes in but wanting 80% to 90% ownership.
* Jeff sells (as a whole or piece meal). Maybe that is how ACCA shell will get a new owner.
* Government or Banks take ownership if repayments default.
If anyone else has any other ideas or new info , would ask to please post up. Pretty sure all of us here would love to see this get turned around. But as it sits, just getting frustrated and expecting the worst. How did something with such potential go so wrong?
