Over the past two years I've contacted a number of attorneys to learn of the viability of filing a lawsuit against ACLH and its directors for the SEC halt, loss of our share values, and failure of ACLH directors to meet their fiduciary duty.
Each time I was advised that ACLH unlikely has any assets to go after. But based on the information I uncovered last night, ACLH is a 47.5% owner of 150,000,000 common shares of PWEI. Based on yesterday's PWEI share value of .475 cents per share, ACLH has a $71,250,000 stake in PWEI...!!!!!
I recommend that if we do not hear from the ACLH leadership, we should promptly pursue whatever legal recourse available to ACLH shareholders. I am simply amazed that, after over one year since our last update, we must learn about ACLH's movements second hand.
As shareholders, we have a right to learn the STATUS AND VALUES of our shares, and more so, the actions of our directors...!!!!!