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Re: reko01 post# 41131

Monday, 05/03/2021 2:02:17 PM

Monday, May 03, 2021 2:02:17 PM

Post# of 49015
Yes, so look at the time gap between past late filing notices and when they filed, and you easily see a continuing pattern of non-compliance. However come September, all that will change. The SEC can should they wish if they were to examine companies with that type of repetitive behavior, step in and halt the stock. Like the cease trade from Alberta they can let it go for as long as they want. There is no time limit but each day that passes the daily fines for late filings continue to accumulate, which is added to the costs of filing, the review, penalties and late filing fees-and that does not even include the costs of accounting and legal counsel.
IMHO ACRL is facing much more than just late filings.
I wish they would just get it done and prove myself, and others wrong. What is said here about what they will do is only meant to attract buyers to allow sellers.

Reko, look at the last few trades...buying 100 to take the price up from .0277 to .0293. Little manipulative trdes to jack the price up, then someone can dump. All the littles bites like this speak volumes, except for the lack of volume of them.

05/03/2021 13:39:38 0.0293 100 0.00
05/03/2021 13:39:16 0.0277 1,000 0.00
05/03/2021 13:39:00 0.0277 1,000 0.00
05/03/2021 13:38:44 0.026 124,525 -0.00
05/03/2021 13:38:44 0.02775 1,000