One word pretty much sums it up: Dubious. At this point we shareholders must come to accept that anything written by us, or ACLH for that matter, is for no other purpose than to appease. But we can, and should, identify the factual information available with which we can achieve a clearer understanding of the intent of the Kidder group.
First, take a look at the ACLH website. Prior to yesterday's update the site hadn't been touched since last August. It still had Ares as the investor relations director, and as we all know he's been assigned exclusively to B@CL. Now go to B@CL's site...BIG difference, huh? It's evident where the Internet communications dollars had been invested since the suspension last May.
Second, in the past six months how many "corporate updates" have shareholders received...one, and that would have been yesterday. One update in six months...one. Do my fellow shareholders feel "valued" by ACLH? Whatever your response, consider it a factual manifestation of how you've been made to feel by Kidder's management acumen.
Third, observe that in yesterday's update not once did ACLH admit blame for any of the transactions prior to and subsequent to the suspension. In fact, at every opportunity the company made certain to suggest it too was an unfortunate victim of circumstance [unrelated third parties]. And that is a factual representation of what tens of thousands, if not hundreds of thousands, of dollars spent on legal counsel will buy you.
Now onto speculation: I believe the update accurately confirms that ACLH is still conducting business, but the nature of those activites are more likely directed at moving ACLH's assets to B@CL. I envision this family dynamic taking place in Cali, with sibling rivalries between Kidder and Marchi, with papa Shipley in the middle keeping the peace [pieces]. Marchi's upset, and rightly so, that he has to endure Kidder's tainted mess of a company, and Shipley's doing what he has to out of loyalty to his "firstborn," Kidder. The number one concern for Kidder has not been any of us, it's been himself. What will be his position [$] and authority [$] in B@CL once the patents are transferred. That, more than anything else, has been the business dealings taking place at ACLH. Now what that means to you and me...I don't know. If, and it's a big IF, our shares are transferred to B@CL it would have to be in such a manner as to not negatively impact B@CL's share price. And even so, you're still likely looking at a reverse split, but only sooner than Marchi had planned for B@CL.
So, going back to the three realities cited above, I'm not feeling too comforted by yesterday's update. We'll soon be approaching a year since the suspension, and there isn't a day that I don't think about my $50k losses; because I believed what this company was releasing in it's PRs. The same company that in the past six months only cared enough about me one time, yesterday, to keep me informEd. How reassured could anyone be expected to feel from that?
