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Re: MadDog08 post# 16228

Tuesday, 06/01/2010 3:58:02 PM

Tuesday, June 01, 2010 3:58:02 PM

Post# of 22746
Okay let me get this straight.

Ares says this first.

With the suspension ACLH sought out and obtained VERY competent legal counsel that has advised them to maintain a conservative (silent) position during the information gathering process being undertaken during this suspension.

But then says this

Ares confirms that either today or tomorrow ACLH will be submitting to the SEC an over-abundance of documentation to satisfy the SEC's questions and/or concerns. This information will include:

1. confirmation of ownership of patents;
2. exclusive use/rights of the oil fluidizer;
3. professional business relationships to Ancon Marine, BP;
4. historical documentation of 15 years of business conducted
with various petroleum companies and efforts.

In regards to commencing trading on June 09 on the grey or pink sheets, Ares believes that we will commence trading on the pink sheets because of the extensive documentation/reassurances being provided to the SEC.


I would say that does not fit into a conservative, silent position during the suspension. As a matter of fact it completely goes against any such position.


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