Replies to post #64999 on Accredited Business Consolidators Corp (fka ACDU)

[Rev Kilgore Mullet]

So what would you have the good folks here to believe? Are you saying that ACDU is not delinquent in its SEC filings because it filed a few 8K's?

From what I can tell, ACDU was a chronic delinquent filer that was brought up to date with the filing of the 2011 10K almost a year late. Since the end of 2011, they filed a single 10Q so that they are in arrears for two 10K's and eight 10Q's as of the end of 2014 Q1.

ACDU has applied for a financial hardship exemption from complying with the SEC interactive code filings in the past but that is not an exemption from 10Q and 10K reporting. It also seems that the financial hardship exemption is no longer necessary if we are to believe the nonsense about the new control group paying $19 million for control of a broke pinkie.

The new control group has made no effort to bring the reporting current and so it seems certain that the SEC will move to suspend trading and revoke the registration, the only question is the matter of time.