TO ALL BCLE SHARHOLDERS,
I believe that things may get worse at BCLE. We are being toyed and played with by Mr. Roth, his board of directors, and their counsel Mr. Bob Huston. And don’t let anyone tell you that there is no connection between BCLE, BOCL, and ACLH.
There has been essentially no information from a credible source at BCLE since November 2009. Requests for specific clarifications of the company status have been ignored from several posters on this board. It is obvious that the new management and directors of BCLE could care less about the shareholders and IMO continue to ignore their fiduciary responsibilities.
This is an update to my posting #4361 where Mr. Huston specifically stated in an email to me that certain actions regarding BCLE would be completed within a time frame identified in the posting. The identified actions have not occurred.
I sent a follow-up email to Mr. Huston and Mr. Roth on 01/06/11 containing the following request and again there has been no response. The contents of that email are as follows:
“The time has passed that you indicated certain actions would take place with BCLE. Please confirm that the account with Continental Stock Transfer is no longer in the arrears and is now up-to-date. Please confirm that BCLE now has in their possession a current stock ledger as required by NRS78-105. Please confirm that BCLE has obtained all the required licenses and registrations required to conduct business in CA. Please confirm that the updated pinksheet information has been submitted for posting to the Pinksheets site. Please confirm that a PR announcement of the current company status and its plans to move forward will be issued shortly. Please confirm the company’s status in pursuing Mr. Shipley for back compensation and other matters associated with his reign as Chairman, CEO, and President of BCLE. Thank you for your time and consideration. I wish you a happy New Year.”
As previously requested many times, the company assets and location thereof, after Mr. Shipley’s and his Board’s departure and the installation of Mr. Roth as Chairman, CEO and President, 11 months ago, have not been verified to the shareholders. Again, because of the lack of transparency, IMO, this is not a stock to be purchased. IMO, the only way BCLE can move forward is by bringing new investors into the company. Ask yourself, who is going to invest in a company that lacks transparency and integrity and has incompetent and dishonest management. It is unfortunate and a shame that the shareholders of BCLE, their families, and friends have lost thousands of dollars because of the actions of unscrupulous and self-serving individuals.
I suggest that any concerned shareholder contact the company counsel, Mr. Huston III, at (Tel): 949-719-0565, (Fax): 949-719-0565, (Eml): bob_huston@yahoo.com and Mr. Roth, at (Tel): 714-610-9347, (Eml): mroth@sccllc.net, and request a full explanation as to the items presented above, otherwise, you might want to consider that your investments are probably unrecoverable. There are several posters at the ACLH message board now considering and others calling for a lawsuit against Mr. Kidder and his management of ACLH. If it should be necessary, consider joining an action against BCLE as well. GLTA
