Here is something I found on google, not sure if anyone mentioned it. ACYD
American Community Development Group receives $1 million capital commitment A private equity fund has committed to providing up to $1 million in financing to St. Petersburg-based American Community Development Group Inc. for working capital and acquisitions over the next year.
The company recently withdrew $50,000 in the first installment to secure legal, accounting and short-term working capital requirements.
The goal of the financing agreement was to expand the company’s revenue and cash flow and to help it complete all legal and other requirements in order to qualify for listing on the OTC QX market.
American Community Development Group is also in separate negotiations for additional acquisition and merger-specific capital.
The company also reported it has filed its required quarterly financials.
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