Releasing our own updates....
Sean confirmed yesterday that Kidder was releasing an update on the ACLH website by the afternoon. As of this morning..nothing. So I decided to do some research...please review the last two 8k filings from B@CL. On Jan 20th the 8k filing states that B@CL formed a wholly owned subsidiary called Nu Tec Energy Corp to "invest in operating and exploratory oil and gas properties". Next in Feb the last 8k states a new relationship with an established Service-Disabled, Veteran Owned Small Business to consult B@CL on acquiring Govt contracts. I find this last development simply unbelievable. How bold, or better yet clueless, is Shipley to engage his efforts in Govt contacting in the shadow of an SEC investigation???
First, let's look at the formation of Nu Tec Energy..is this the company that will acquire ACLH's patent? And if so, what will happen to our shares? Shouldn't we be informed...of anything??? Next, the business dealings with an apparently legitimate Govt contractor. Are Shipley's boys kidding??? All it would take is another phone call from our Grim Reaper protector in Cal, and I can envision a whole new SEC investigation. A newbie at the SEC can make a career for himself going all out on Shipley, Kidder, Marchi, and the crew...
As shareholders I believe we've all been patient; tolerant of the shear dismissal of our monetary investments. I will not stand by silently as these "professionals" move on to their next incarnations and long list of new victims. Let's take another roll call of investors Interested In joining the class action. Please include your contact emails so we can organize ourselves. I've lost my patience with a group of "businessmen" that have no concept of the losses we've all endured. I also believe it's time for a formal investor's letter to the SEC.
