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Re: Joestem post# 11286

Wednesday, 05/19/2010 10:50:26 PM

Wednesday, May 19, 2010 10:50:26 PM

Post# of 22746
I can find nothing to suggest that BCLE has a 41% ownership in ACLH. They do, however, have a 41% ownership of another company.
From your link:
"Huntington Beach, CA - February 26, 2010, Bio-Clean International, Inc. (Pink Sheets: BCLE) (www.bio-cleaninternational.com) announced today that the new Board of Directors of the Company, in its last meeting held on February 17, 2010, undertook to approve and ratify certain actions, including the adoption of resolutions. In summary, the Board approved (1) a resolution that the Company's 41% ownership of American Bio-Clean, Inc., (ABC) be carried on the books and records of the company as investment only, and not as an affiliated entity or a subsidiary".
ABC is NOT ACLH. BCLE's 41% ownership is in ABC not ACLH.
It's somewhat of a moot point since ACLH,BCLE, and BOCLE are so closely related, but there it is.

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