PER JOHN FOLGER ...
As many of you are aware, the stock trading of ACYD has not made any sense for quite a while. It seems to act in a contrary fashion to any other issue and has been kept locked in a tight trading range with downward pressure whenever possible. In fact, months ago, when we were attempting to get the assistance of competent investor relations groups, I think you kept hearing the phrase “same old stock”, because even they could not break out of the cycle. You would think that multiple days of 5 million shares or more, and especially those 7 and 12 million share days would lock up most of the float. Even so, the stock continues on a downward cycle. Now we come to find out that ACYD was a chosen pick of a newsletter as of April 1 of this year, and that the same newsletter kept publishing support notices all along, until last week. At which time they published a specific “sell order”, which has caused a continual sell off and corresponding walk down of the stock. We knew nothing about this newsletter until after the fact when it was finally mentioned. We wish we knew earlier.
All through this process, new posters have shown up with different attitudes about the stock, or the management, some long, but most seeming to be short.
Now we are being asked to disclose specific real estate transactions, just because they are easy to do. That would of course be correct, except for 2 things; the first is that the continued downward pressure on the stock is designed to create the largest amount of dilution possible of we were to consummate a larger financing and the second is that we disclosed already that we were focused on the holding company aspect, which would allow us to show different, and presumably larger, types of acquisitions or mergers/relationships. It would make much more sense to show specific real estate projects “the simple ones”, as part of this optimum structure.
Let me ask those astute traders on the board why would someone keep knocking the stock back and not letting it trade normally? Who would have anything to gain if it can’t help the company, the management or it’s investors? Why are we always asked for news, when every time news is released, we get hit even harder?
This stock is being driven into the basement no matter how many longs hold the overwhelming portion of shares. Some of you do this professionally, and as we pull down the DTC reports over the last few months covering our trading from .007 to .002, we are all curious to see what we find.
