Sterling...about ADCS, I called the Transfer agent today.
Share structure for ADCS as of today 3-11-08
Transfer agent:
Madison Stock Transfer
(718)-627-4453
AS~470,000,000
OS~223,663,681(Restricted shares still unknown)
Float~ The TA doesnt give out float info on any of thier clients...still unknown.
Preffered shares 5,000,000 Authorised
class A's=559,000
no class b's
class c's=4,500,000
Now dig this...
Mar 05, 2008 15:34 ET
Advanced Content Services Announces Funding Secured and No Regulation D Filing Necessary
LIMA, OH--(Marketwire - March 5, 2008) - Advanced Content Services, Inc. (PINKSHEETS: ADCS) CEO S. Shawn Spahr announced today that the company has secured private funding and is able to begin the major initiative to develop and launch the interactive online talent competition.
Spahr commented, "This step is extremely important as the company has received a commitment to fully fund all of our initiatives in our business model. The Company anticipates having worldwide audience appeal and participation and as such will need the stability of a partner like we have been able to secure. It was almost a slam dunk, once the program was fully laid out and the alliances we have developed were identified. Involving the Second Life platform and the commitment to fully fund this project allows our vision now to move forward at a much faster pace."
Spahr further commented, "Additionally, as a result of this major development, I am extremely please to announce that the company will not have the need to participate in a Regulation D filing at any time within the near future since all initiatives have received a commitment to be fully funded. I am happy to further report that the current share structure is such that I see no need to contemplate a reverse split. I hope to have more information available to the shareholders and would encourage everyone to keep watching for and visit our website (under construction) that will be updated often to reflect the new initiative and detail of the contests. I appreciate the confidence that has been extended to me and commit to doing my best to build a team that will make us all proud."
