InvestorsHub Logo
Followers 14
Posts 664
Boards Moderated 0
Alias Born 07/25/2011

Re: None

Wednesday, 10/05/2011 9:45:54 AM

Wednesday, October 05, 2011 9:45:54 AM

Post# of 97053
I emailed him this morning. I will share his answers to a few of my questions.

1) I believe financials were due to be filed by the 3rd of this month. As of this morning they have not been filed. This has caused a "stop" to be annotated on our OTC ticker. When might we expect to see the financials and what was the reason for delay?

They were late, but now they are ready but I would like to see the seller get out of the way

2) Has the share structure changed since the last Quarterly report filed in July.

Not substantially regarding any real dilution that would concern a shareholder. Also NO TOXIC FINANANCING!!

3) Have restricted shares been released for trade in the open marketplace?

There are some that have become eligible, which is normal. Most have not been converted

4) You have been quoted in previous press releases saying you wish to become a fully reporting company with the possibility of being upgraded on the OTC markets. Is this still the case? And if so, the late financials make me wonder even more.

That is our immediate next project

Thanks for your support!



John Folger

President

American Community Development Group, Inc. Rebuilding America, one life at a time!

(a national public stock company ACYD.PK)