Called the "corporate offices" yesterday and spoke with Sean. When asked about any ACLH updates he responded that their attorneys instructed them not to speak about ACLA until the SEC matter was resolved. I then asked if there was an ongoing investigation, to which he replied that it wasn't so much an investigation as it's that they're waiting to answer all the SEC's questions so the SEC will allow them to go back to trading on the pink sheets. I then informed Sean of my understanding that: 1. The SEC rarely ever responds with an "all clear," or with the status of an investigation unless they pursue futher litigation; and 2. The SEC plays no role as to how a suspended company returns to pink trading. For that to occur ACLH would need to identify a market maker that is willing to first sign off on audited financials and then issue bid/ask quotes. Sadly, Sean had nothing to say after that.
My impressions: since the suspension we've been manipulated by not only Shipley and his officers/directors, but also by his legal advisors. How many hundreds of thousands of hard-earned dollars did we well-intentionally invest in ACLA, to then not even deserve the decency of regular updates? Doesn't seen remotely just to me. If Shipley's lawyers are advising silence in preparation of foreseeable legal action, by the SEC and/or investors, then Shipley failed to appreciate the good-will investors may have had if they would have just been communicated with. But instead, nothing but empty promises of "soon" which then led to utter complete silence and disregard. Why shouldn't we investors proceed with litigation. My $50k is gone, why shouldn't we ensure that Shipley, his officers, and directors incur similar financial losses by having to fund their legal defense. I'm certain that's what their lawyers have been working towards. I'm all in with litigation. As we all participate in this roll call, someone should volunteer to take the lead plaintiff role. Do you hear what I'm hearing Shipley? It's a whole suite of cash registers going "cha-ching...cha-ching...cha-ching" over at your lawyer's office..
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