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Re: 27th_OUT post# 18940

Tuesday, 06/15/2010 11:30:45 AM

Tuesday, June 15, 2010 11:30:45 AM

Post# of 22746
Maybe the company is so quiet because of other problems. Has anybody investigated the past history of ACLH? Has anybody considered that they may have been a “shell” company in the past? They started out as NuWave Engineering Inc a Delaware Coproartion and have changed names 7 times and are now known as Act Clean Technologies Inc. If they are a shell company, they would be in violation of SEC Rule 144 and not able to use the Rule 506 exemption for the private placement since they have not filed the required SEC reports between November 2008 to June 2010. New SEC regulations of January 2008 says that once a company is a shell company it is always a shell and must be reporting for 12 months prior in order to use the exemption. Their information disclosure states they are not a shell. Could this be a misrepresentation of the company? Theses characters lack attention to details and have lied before. Just asking.

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