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Monday, March 10, 2014 2:51:33 PM
Newbauer talking about a "board of directors" is also bullshit.
I'd say Jim DiPrima is currently gone, after updating OTC Markets. As if a CFO would allow a company's business registration to sit with the Nevada SoS as revoked. Today's BS news release talking about the fact of the DTCC chill (denied repeatedly on SMBs) didn't even mention the Nevada SoS. In other ADCS news releases, Newbauer trumpeted that he'd be having the registration renewed.
Newbauer is the only officer.
"As well, Jim DiPrima is currently serving as the company's CFO in order to complete current financial reports in order to comply with OTC Markets's OTC Pink Basic Disclosure Guidelines and further; provide greater transparency to present shareholders and prospective investors alike."
---though they do have a CFO, James Deprima. pretty nice background on that guy.
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