Tuesday December 8th, 2020
FORM 10
General Form for Registration of Securities of Small Business
Issuers Under Section 12(g) of the Securities Exchange Act
of 1934
Date of report (Date of earliest event report:)
Tuesday December 8th, 2020
Access-Power & Co., Inc.
(Exact name of registrant as specified in its charter)
State of Jurisdiction and Incorporation: FLORIDA
State of Current Operations: MICHIGAN
Commission File No: 333-65069
IRS Employer Identification No: 59-3420985
PO BOX 598
Grand Haven MI, 49417
(Address of Principal Executive Officer)
Registrant telephone number, including area code:
616-312-5390
Securities to be Registered Under Section 12(g) of the Act:
Common Stock, $0.001 (Title of Class)
Indicate by check mark whether the Company is a large
accelerated filer, an accelerated filer, a non-accelerated filer, a
smaller reporting company, or an emerging growth company.
See definition of large accelerated filer, accelerated filer,
smaller reporting company and emerging growth company
in Rule 12b-2 of the Exchange Act.
Large Accel no
Smaller Report yes
Emerging growth yes
If an emerging growth company, indicate by check mark if the Company
has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to
Section 13a of the Exchange Act x
This form is being filed within the spirit of all the laws of the
SEC Acts of 33 and Exchange Act of 34.
TABLE OF CONTENTS
Item Description Page
ITEM 1. DESCRIPTION OF BUSINESS
ITEM 1A. TBA
ITEM 2. TBA
ITEM 3. TBA
ITEM 4. TBA
ITEM 5. TBA
ITEM 6. TBA
ITEM 7. TBA
ITEM 8. TBA
ITEM 9. TBA
ITEM 10. TBA
ITEM 11. TBA
ITEM 12. TBA
ITEM 13. TBA
ITEM 14. TBA
ITEM 15. TBA
PART I
|
ITEM 1. DESCRIPTION OF BUSINESS
ACCR was the victim of a very organized financial crime scene.
The person to sign our FORM 15 in April 2007 shared the same
office with the promoters of ACCR, and the old funders from 2002.
It is all in our smeared historical filings of our past.
Some of the statements contained in this registration statement on
Form 10 of Access Power Co Inc. hereinafter the Company, we
or the Company discuss future expectations, contain projections
of our plan of operation or financial condition or state other
forward looking information. In this registration statement,
forward looking statements are generally identified by the words
such as anticipate, plan, believe, expect, estimate, and the like.
Forward-looking statements involve future risks and uncertainties,
there are factors that could cause actual results or plans to differ
materially from those expressed or implied. These statements are
subject to known and unknown risks, uncertainties, and other
factors that could cause the actual results to differ materially
from those contemplated by the statements. The
forwardlooking information is based on various factors and is
derived using numerous assumptions. A reader, whether investing
in the Companys securities or not, should not place undue reliance
on these forward-looking statements, which apply only as of the
date of this Registration Statement. Important factors that may
cause actual results to differ from projections include, for
example:
the success or failure of Managements efforts to
implement the Companys plan of operation
the ability of the Company to fund its operating expenses
the ability of the Company to compete with other
companies that have a similar plan of operation
the effect of changing economic conditions impacting our
plan of operation
the ability of the Company to meet the other risks as may
be described in future filings with the SEC.
General Background of the Company
ACCR has special meaning to ME. When I was a Child, while living in
Colombia, my father traveled to Nigeria for 2 years. He was a Sr VP of
General Electric Technical Services Co., and he built a power plant for
Nigeria. As it turns out...The Capital City of Ghana is Accra.
So, when I grew up as a Child...ACCRa always had special meaning to me
, and so I just bought shares, and later made lots of money to buy EVEN
MORE SHARES, over the period 1999 to 2012. All I ever did was buy
shares into their dark forces. I survived it, and from 2012-2020 have
been solely trying to survive. During this period, I was able to CLAW
MY WAY OUT of the grasp of these criminal shorters and debenture
holders.
ACCR has had the same SEC Transfer Agent since May 1997
in Standard Transfer. Their website is
www.standardtransferco.com all of our issuance has been
locked as follows
Authorized: 300,000,000 shares
Issued: 300,000,000 shares
Patrick, our sole Director all restricted 186,984,379 or 62.3281
percent of all the common stock.
DTCC Float: 98,376,146 shares
The only issues all documented with my Form 4:
https://www.sec.gov
The issuances are documented as poison pill adoptions.
20,000,000 - Fall 2012
95,000,000 - June 2018
55,855,879 - March 2020
We have filed our last 2 years Income Tax returns with HRBlock.
Today, ACCR is clear with cusip, DTC, and we are current in our
debt to our Transfer Agent.
The Company, a Florida corporation, was formed on October 14, 1996,
and from inception through March 2012, was the scene of a criminal
downward Naked Spiral Floorless Death Debenture. The Company
intended to create a business plan...however, it was a CRIME SCENE,
especially with the illegal filing of our Form 15 on April 2007. Thirteen
years ago, the criminals tried to leave us to DIE on the side of the road.
The DTCC float in our Company stock has remained the same since
March 2012.
www.sec.gov/Archives/edgar/data/
1041588/000117347307000043/
form15031307.htm
OUR DEATH SENTENCE, in 2007. The criminals filed this fraud
document, later ammended to hide this financial crime scene.
We did not qualify for the Form 15 in 2007. We had over 300 shareholders
at 492, and we current reporting at the time in 2007. This did NOT
matter. No one at the SEC reviewed the filing, and so...90 days
after filed...sometime in the Fall 2007, the FORM 15 became effective.
Here is an example of more fraud filings:
www.backend.otcmarkets.com/otcapi/company/financial-report/
10745/content
Our sole Director purchased shares over the years in ACCR...
We have been through 2 FINRA daily lists on May 2020 and
September 2018.
Our Director is the creator and inventor of many websites over the
years....now attempting to donate all his time and money into this
Corporation.
There is no dilution in ACCR through the end of 2021. We
dont need it today...while we seek our Reverse Merger.
During the period from October 1996 through March 2012, the Company
was a yo-yo naked convertible death debenture spiral toxic floorless
debentures crime scene Corporation. The person to sign our FORM 15
lied in filings to OTC Markets back then too.
The Companys accounting year-end is December 31st.
This form is being filed within the spirit of all the laws of the SEC Acts
of 33 and Exchange Act of 34.
My plan is to file a Form 10...to make this Company PINK CURRENT.
We will continue our pledge to the SEC to do things the RIGHT WAY.
We acknowledge recent SEC mandate to shovel all garbage PINK
NO INFO companies into the EXPERT MARKET. We plea with the
SEC for mercy and understanding in this form.
I will certify all my numbers, and I will restate this FORM 10 within
60 days with the required audit work.
https://www.sec.gov/rules/final/2020/33-10842.pdf
To the Commissioners of the SEC, we plead for a COMEBACK soon
.....................my purpose and my goal will be to
find a suitor for the ACCR Treasury. This will be done the RIGHT WAY.
WE ARE WORKING ON OUR CPA APPOINTMENT, AND
VERY SIMPLE AUDITED WORK. When hired, they will state,
Our auditors have expressed substantial doubt about our ability to
continue as a going concern.
This is the first step in our desire to fully become Registered and
Reporting according to all the laws of the SEC.
Business Objectives of the Company
Since the custodial proceedings, the Company had no business operations.
Management has determined to direct its efforts and limited resources
to pursue potential new business opportunities. The Company does not
intend to limit itself to a particular industry and has not established any
particular criteria upon which it shall consider a business opportunity.
The Companys common stock is subject to quotation on the OTC Pink
Sheets under the symbol ACCR.
There is currently only a limited trading market in the Companys shares.
There can be no assurance that there will be an active trading market
for our securities following the effective date of this registration
statement under the Exchange Act. In the event that an active
trading market commences, there can be no assurance as to the market
price of our shares of common stock, whether any trading market will provide
iquidity to investors, or whether any trading market will be sustained.
On October 18, 2019 - a Market Maker signed this form with OTC
Markets, and ACCR was upgraded from the deathly grey markets to
the PINK NO INFORMATION tier of OTC Markets.
www.otcmarkets.com/files/unsolicited-quote-form-1514935916031.pdf
The Company was denied a PINK CURRENT INFO tier
application in July 2020, and told
to reapply within 6 months. However, this route would cost the
Company the OTC Markets
fees associated with the move.
Many have complained of my 8ks from October 2019 until today.
However, ACCR is a comeback story, and now is the time for our FORM 10.
Our sole Director became a permanent US Disabled Citizen on August 2020.
This has been very difficult to bear, and to write this FORM 10.
The Directors spouse of almost 35 years, now has Stage 1 cancer now.
EFFECTIVENESS OF OUR FORM 10 will allow this Company to hand
over control to a much bigger private Company that is looking to later to
go public. This also will provide a cure for the criminally filed FORM 15
from our past in 2007. We have discussed these measures so many times
with Offices of Corp Finance and the accounting division.
As this Company later matures, we will hand over control to another entity.
However, to date...there is no deal on the table.
APPROVAL of this form will...
ACCR has good access to FINRA portal too.
1. Management of the Company Management would have substantial
flexibility in identifying and selecting a prospective new business
opportunity. The Company is dependent on the judgment of its
Management in connection with this process. In evaluating a prospective
business opportunity, we would consider, among other factors, the following:
costs associated with pursuing a new business opportunity
the growth potential of the new business opportunity
experiences, skills and availability of additional personnel necessary
to pursue a potential new business opportunity
necessary capital requirements
the competitive position of the new business opportunity
stage of business development
the market acceptance of the potential products and services
proprietary features and degree of intellectual property and
the regulatory environment that may be applicable to any
prospective business opportunity
The foregoing criteria are not intended to be exhaustive and there may
be other criteria that Management may deem relevant. In connection
with an evaluation of a prospective or potential business opportunity,
Management may be expected to conduct a due diligence review.
The time and costs required to pursue new business opportunities,
which includes negotiating and documenting relevant agreements and
preparing requisite documents for filing pursuant to applicable securities
laws, can not be ascertained with any degree of certainty.
Management intends to devote such time as it deems necessary to
carry out the Companys affairs. The exact length of time required
for the pursuit of any new potential business opportunities is
uncertain. No assurance can be made that we will be successful in our efforts.
We cannot project the amount of time that our Management will
devote to the Companys plan of operation.
The Company intends to conduct its activities to avoid being
classified as an Investment Company under the Investment
Company Act of 1940, and therefore avoid application of the
costly and restrictive registration and other provisions of the
Investment Company Act of 1940 and the regulations
promulgated thereunder.
2. Company is NOT a Blank Check Company however, in the
future, this will most likely change. We plan to eventually
reIPO our shares on the NYSE. It is good to always believe
in your DREAMS.
Always beliebe in your DREAMS...
At present, the Company is NOT a development stage company
with no revenues, no assets and no specific business plan or
purpose. We have a vision...We have cash on hand today 31,900.00.
The Companys business plan is to seek new business opportunities
or to engage in a merger/REVERSE MERGER or acquisition
with an unidentified company. As a result, the Company is today
NOT a blank check company and, as a result, any offerings of the
Companys securities under the Securities Act of 1933, as amended
the Securities Act must comply with Rule 419 promulgated by the
Securities and Exchange Commission the SEC under the Act.
The Companys Common Stock is a penny stock, as defined in
Rule 3a51-1 promulgated by the SEC under the Securities
Exchange Act. The Penny Stock rules require a broker-dealer,
prior to a transaction in penny stock not otherwise exempt
from the rules, to deliver a standardized risk disclosure document
that provides information about Penny Stocks and the nature and
level of risks in the penny stock market.
We will do as the SEC advises ud to do, and correct anything
done the RIGHT WAY.
With direction from the SEC...we may be required to change our
structure to a Shell Company. However, I have argued for many years,
after the millions that I have poured into this Company via buying shares,
and donating most of my time and money. I want this for the
future of my Grand Children.
Again, all my SEC filings from October 2019 through present are out
of excitement for my Company. Many people have told me to
hire a legal counsel. It is very expensive to do this. Which is why
we seek approval/effectiveness of our Form 10. We plan to remove
that RED STOP SIGN on our quote screen:
https://www.otcmarkets.com/stock/ACCR/security
The broker-dealer also must provide the customer with current bid
and offer quotations for the penny stock, the compensation of the
broker-dealer and its sales person in the transaction, and monthly
account statements showing the market value of each Penny Stock
held in the customers account. In addition, the Penny Stock rules
require that the brokerdealer, not otherwise exempt from such rules,
must make a special written determination that the Penny Stock is
suitable for the purchaser and receive the purchasers written
agreement to the transaction. These disclosure rules have the effect of
reducing the level of trading activity in the secondary market for a
stock that becomes subject to the Penny Stock rules.
So long as the common stock of the Company is subject to the Penny
Stock rules, it may be more difficult to sell the Companys common
stock.
We are NOT a Shell Company as defined in Rule 405 promulgated
by the SEC under the Securities Act. A Shell Company is one
that has no or nominal operations and either: i no or nominal assets
or ii assets consisting primarily of cash or cash equivalents. As a
Shell Company, we are restricted in our use of Registrations on Form
S8 under the Securities Act, the lack of availability of the use of Rule
144 by security holders and the lack of liquidity in our stock.
I don't know, maybe I did it wrong, and not being a legal counsel...
I want it clear of my intentions with this FORM 10.
During May 2018 -present, management has tried to create many business
models. I swear to the SEC, under penalty of PERJURY we are currently
processing a patent application for our www.clonesbydrones.com
futuristic business model coming soon.
We are not a shell. I donate all my assets to this Corporation. Any shortfall
in monthly revenue, is covered by cash donations to the Company.
I am not legal counsel.
We are in discussions to find a REVERSE MERGER candidate, and will
continue to NOT sell any of my Common stock - we believe that a
REVERSE MERGER will be done the RIGHT WAY soon.
This filing is intended to further help CLEAN UP this Corporation.
If I could erase all my 8Ks from 2018 to current......I would not.
I would leave them all inserted ....to show my plight and mercy in my quest...
during this time....I am in so much physical pain right now.
Form S8
Shell companies are prohibited from using Form S8 to register securities
under the Securities Act. If a company ceases to be a Shell Company,
it may use Form S8 sixty calendar days, provided it has filed all reports
and other materials required to be filed under the Exchange Act during
the preceding 12 months or for such shorter period that it has been
required to file such reports and materials after the company files Form
10 information, which is information that a company would be required
to file in a registration statement on Form 10 if it were registering a
class of securities under Section 12 of the Exchange Act.
This information would normally be reported on a current report on
Form 8K reporting the completion of a transaction that caused the
company to cease being a Shell Company.
Unavailability of Rule 144 for Resale There is a pledge to the SEC,
that there will be no dilution to this Company through the end of 2021.
Rule 144i Unavailability to Securities of Issuers With No or Nominal
Operations and No or Nominal NonCash Assets provides that Rule
144 is not available for the resale of securities initially issued by an
issuer that is a Shell Company. We have identified our company
as NOT a Shell Company and, therefore, the holders of our securities
may not rely on Rule 144 to have the restriction removed from their
securities without registration or until the Company is no longer
identified as a Shell Company and has filed all requisite periodic
reports under the Exchange Act for the period of twelve 12 months.
As a result of our classification of NOT being a Shell Company, our
investors are allowed to rely on the safe harbor provisions of Rule 144,
promulgated pursuant to the Securities Act, so as not to be considered
underwriters in connection with the sale of our securities until one year
from the date that we cease to be a Shell Company.
This will likely make it more difficult for us to attract additional capital
through subsequent unregistered offerings because purchasers of
securities in such unregistered offerings will not be able to resell
their securities in reliance on Rule 144, a safe harbor on which
holders of restricted securities usually rely to resell securities.
Very Limited Liquidity of our Common Stock
Our common stock occasionally trades on the OTC Pink Sheet Market,
as there is no active market maker in our common stock. As a result,
there is only limited liquidity in our common stock.
We will possibly in the FUTURE change and be deemed a blank
check company under Rule 419 of the Securities Act
The provisions of Rule 419 apply to registration statements filed
under the Securities Act by a blank check company, such as what
we MAY become. Company. Rule 419 requires that a blank check
company filing a registration statement deposit the securities being
offered and proceeds of the offering into an escrow or trust account
pending the execution of an agreement for an acquisition or merger.
While we are not currently registering shares for an offering, we may do
so in the future.
3. In addition, an issuer is required to file a post-effective amendment
to a registration statement upon the execution of an agreement for an
acquisition or merger. The rule provides procedures for the release
of the offering funds, if any, in conjunction with the post-effective
acquisition or merger. The obligations to file post-effective amendments
are in addition to the obligations to file Forms 8K to report for both the
entry into a material definitive non-ordinary course of business
agreement and the completion of the transaction. Rule 419 applies to
both primary and resale or secondary offerings.
Within five 5 days of filing a post-effective amendment setting
forth the proposed terms of an acquisition, the Company must
notify each investor whose shares are in escrow, if any. Each such investor
then has no fewer than 20 and no greater than 45 business days to notify
the Company in writing if they elect to remain an investor. A failure to reply
indicates that the person has elected to not remain an investor. As all
investors are allotted this second opportunity to determine to remain an
investor, acquisition agreements should be conditioned upon enough funds
remaining in escrow to close the transaction.
Effecting a business combination
Prospective investors in the Companys common stock will not have an
opportunity to evaluate the specific merits or risks of any of the one or
more business combinations that we may undertake A business
combination may involve the acquisition of, or merger with, a company
which needs to raise substantial additional capital by means of being a
publicly trading company, while avoiding what it may deem to be adverse
consequences of undertaking a public offering itself. These include time
delays, significant expense, loss of voting control and compliance with
various Federal and State securities laws. A business combination may
involve a company which may be financially unstable or in its early
stages of development or growth.
The Company has not identified a target business or target industry.
Recently, in August 2020...the Company received a 14,000.00 grant here
www.lakeshoreadvantage.com/restart
The Companys effort in identifying a prospective target business will
not be limited to a particular industry and the Company may ultimately
acquire a business in any industry Management deems appropriate.
To date, the Company has not selected any target business on which
to concentrate our search for a business combination. While the
Company intends to focus on target businesses in the United States,
it is not limited to U.S. entities and may consummate a business
combination with a target business outside of the United States.
Accordingly, there is no basis for investors in the Companys common
stock to evaluate the possible merits or risks of the target business or
the particular industry in which we may ultimately operate. To the
extent we effect a business combination with a financially unstable
company or an entity in its early stage of development or growth,
including entities without established records of sales or earnings,
we may be affected by numerous risks inherent in the business and
operations of financially unstable and early stage or potential emerging
growth companies. In addition, to the extent that we effect a business
combination with an entity in an industry characterized by a high level
of risk, we may be affected by the currently unascertainable risks of
that industry. An extremely high level of risk frequently characterizes
many industries which experience rapid growth. In addition, although
the Companys Management will endeavor to evaluate the risks
inherent in a particular industry or target business, we cannot assure
you that we will properly ascertain or assess all significant risk factors.
Sources of target businesses
Our Management anticipates that target business candidates will be
brought to our attention from various unaffiliated sources, including
securities broker-dealers, investment bankers, venture capitalists,
bankers and other members of the financial community, who may
present solicited or unsolicited proposals. Our Management may also
bring to our attention target business candidates. While we do not
presently anticipate engaging the services of professional firms that
specialize in business acquisitions on any formal basis, we may
engage these firms in the future, in which event we may pay a
finders fee or other compensation in connection with a business
combination. In no event, however, will we pay Management any
finders fee or other compensation for services rendered to us prior
to or in connection with the consummation of a business combination.
Selection of a target business and structuring of a business combination
Management owns 186,984,379 of the issued and outstanding
shares of common stock, and will have broad flexibility in
identifying and selecting a prospective target business. In
evaluating a prospective target business, our Management will
consider, among other factors, the following
financial condition and results of operation of the
target company
growth potential
experience and skill of Management and availability
of additional personnel
capital requirements
competitive position
stage of development of the products,
processes or services
degree of current or potential market acceptance
of the products, processes or services
proprietary features and degree of intellectual
property or other protection of the products, processes or services
regulatory environment of the industry and
costs associated with effecting the business combination.
These criteria are not intended to be exhaustive. Any evaluation
relating to the merits of a particular business combination will be
based, to the extent relevant, on the above factors as well as other
considerations deemed relevant by our Management in effecting a
business combination consistent with our business objective. In
evaluating a prospective target business, we will conduct a due
diligence review which will encompass, among other things, meetings
with incumbent Management and inspection of facilities, as well as
review of financial and other information which will be made
available to us.
We will endeavor to structure a business combination so as to
achieve the most favorable tax treatment to us, the target
business and both companies stockholders. However, there can
be no assurance that the Internal Revenue Service or applicable
state tax authorities will necessarily agree with the
tax treatment of any business combination we consummate.
We completed our 2018 and 2019 US Corp Income Tax Returns.
The time and costs required to select and evaluate a target
business and to structure and complete the business combination
cannot presently be ascertained with any degree of certainty.
Any costs incurred with respect to the identification and
evaluation of a prospective target business with which a
business combination is not ultimately completed will result
in a loss to us.
Probable lack of business diversification
While we may seek to effect business combinations with
more than one target business, it is more probable that
we will only have the ability to effect a single business
combination, if at all. Accordingly, the prospects for our
success may be entirely dependent upon the future performance
of a single business. Unlike other entities which may have the
resources to complete several business combinations with
entities operating in multiple industries or multiple areas of a
single industry, it is probable that we will lack the resources to
diversify our operations or benefit from the possible
spreading of risks or offsetting of losses. By consummating
a business combination with only a single entity, our lack of
diversification may:
subject us to numerous economic, competitive
and regulatory developments, any or all of which may have
a substantial adverse impact upon the particular industry in
which we may operate subsequent to a business combination, and
result in our dependency upon the development
or market acceptance of a single or limited number of
products, processes or services.
Limited ability to evaluate the target business Management
We cannot assure you that our assessment of the target
business Management will prove to be correct. In addition,
we cannot assure you that the future Management will have the
necessary skills, qualifications or abilities to manage a public
company intending to embark on a program of business
development. Furthermore, the future role of our director,
if any, in the target business cannot presently be stated
with any certainty.
While it is possible that our director will remain associated
in some capacity with us following a business combination,
it is unlikely that he will devote his full efforts to our affairs
subsequent to a business combination. Moreover, we cannot
assure you that our director will have significant experience
or knowledge relating to the operations of the particular
target business.
Following a business combination, we may seek to recruit additional
managers to supplement the incumbent Management of the target
business. We cannot assure you that we will have the ability t
o recruit additional managers, or that additional managers
will have the requisite skills, knowledge or experience necessary
to enhance the incumbent Management.
WE ARE WORKING ON OUR CPA APPOINTMENT, AND
VERY SIMPLE AUDITED WORK. When hired, they will
state, Our auditors have expressed substantial doubt about our
ability to continue as a going concern.
Competition
In identifying, evaluating and selecting a target business, we expect
to encounter intense competition from other entities having a
business objective similar to ours. Many of these entities are
well established and have extensive experience identifying and
effecting business combinations, either directly or through affiliates.
Many if not virtually most of these competitors possess far greater
financial, human and other resources compared to our resources.
While we believe that there are numerous potential target businesses
that we may identify, our ability to compete in acquiring certain of the
more desirable target businesses will be limited by our limited financial
and human resources. Our inherent competitive limitations are expected
by Management to give others an advantage in pursuing the acquisition
of a target business that we may identify and seek to pursue. Further,
any of these limitations may place us at a competitive disadvantage in
successfully negotiating a business combination. Our Management
believes, however, that our status as a reporting public entity with
potential access to the United States public equity markets may
give us a competitive advantage over certain privately-held
entities having a similar business objective in acquiring a
desirable target business with growth potential on favorable terms.
If we succeed in effecting a business combination, there will be, in
all likelihood, intense competition from existing competitors of the
business we acquire. In particular, certain industries which
experience rapid growth frequently attract an increasingly larger
number of competitors, including those with far greater financial,
marketing, technical and other resources than the initial competitors
in the industry in which we seek to operate. The degree of
competition characterizing the industry of any prospective target business
cannot presently be ascertained. We cannot assure you that,
subsequent to a business combination, we will have the
resources to compete effectively, especially to the extent that the target
business is in a high-growth industry.
Employees
Patrick J Jensen, our sole Director, is our sole executive officer too.
Mr. Jensen is not obligated to devote any specific number of hours
per week and, in fact, intends to devote only as much time as he
deem reasonably necessary to administer the Companys affairs
until such time as a business combination is consummated. The
amount of time he will devote in any time period will vary based on
the availability of suitable target businesses to investigate. We do not
intend to have any full-time employees prior to the consummation of a
business combination.
Conflicts of Interest
The Companys Management is not required to commit its full time to
the Companys affairs. As a result, pursuing new business opportunities
may require a longer period of time than if Management would devote
full time to the Companys affairs. Management is not precluded from
serving as an officer or director of any other entity that is engaged in
business activities similar to those of the Company. Management has
not identified and is not currently negotiating a new business
opportunity for us. In the future, Management may become
associated or affiliated with entities engaged in business
activities similar to those we intend to conduct. In such event,
Management may have conflicts of interest in determining to
which entity a particular business opportunity should be
presented. In the event that the Companys Management
has multiple business affiliations, our Management may have
legal obligations to present certain business opportunities to
multiple entities. In the event that a conflict of interest shall arise,
Management will consider factors such as reporting status,
availability of audited financial statements, current capitalization
and the laws of jurisdictions. If several business opportunities or
operating entities approach Management with respect to a
combination, Management will consider the foregoing factors as
well as the preferences of the Management of the operating company.
However, Management will act in what it believes will be in the
best interests of the shareholders of the Company.
The Company shall not enter into a transaction with a target business
that is affiliated with Management.
THE REST OF THE FORM WILL BE COMPLETED LATER...I PROMISE.
Respectfully submitted,
Patrick J Jensen
A US Disabled Citizen
Director of ACCR
Access-Power & Co., Inc.
Tuesday December 8th, 2020
The following should be considered in connection with an
evaluation of our business and recent market activities
as described above
There are various risk factors that should be carefully considered
in evaluating our business; because such factors may have a
significant impact on our business, our operating results,
our liquidity and financial condition. As a result of these various
risk factors, actual results could differ materially from those
projected in any forward-looking statements. Additional risks and
uncertainties not presently known to us, or that we currently
consider to be immaterial, may also impact our business, result
of operations, liquidity and financial condition. If any such
risks occur, our business, its operating results, liquidity and
financial condition could be materially affected in an adverse
manner. Under such circumstances, if a stable trading market for
our securities is established, the trading price of our securities
could decline, and you may lose all or part of your investment.
SECURITIES ISSUED BY THE COMPANY INVOLVE
A HIGH DEGREE OF RISK AND, THEREFORE, SHOULD
BE CONSIDERED EXTREMELY SPECULATIVE. THEY
SHOULD NOT BE PURCHASED BY PERSONS
WHO CANNOT AFFORD THE POSSIBILITY OF THE
LOSS OF THE ENTIRE INVESTMENT. PROSPECTIVE
INVESTORS SHOULD READ ALL OF THE COMPANYS
FILINGS, INCLUDING ALL EXHIBITS, AND
CAREFULLY CONSIDER, AMONG OTHER FACTORS THE
VARIOUS RISK FACTORS THAT MAY
BE PRESENT.
BEWARE OF NAKED SHORTING IN OUR SHARES
You should be aware that there are many substantial risks to an
investment in our common stock. Carefully consider these risk
factors, along with any available information currently reported
by the Company of which there are note, before you decide to
invest in shares of our common stock.
If these risk factors were to occur, our business, financial
condition, results of operations or future prospects could be
materially adversely affected. If that happens, the market price
for our common stock, if any, could decline, and prospective
investors would likely lose all or even part of their investment.
Cautionary Language Concerning Forward-Looking Statements
Statements in this press release may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995.
Words such as anticipate, believe, estimate, expect,
intend, and similar expressions, as they relate to the Company
r its management, identify forward-looking statements. These
statements are based on current expectations, estimates, and
projections about the Companys business, based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties, and
assumptions that are difficult to predict. Therefore, actual outcomes
and results may, and probably will, differ materially from what is
expressed or forecasted in such forward-looking statements due to
numerous factors.
Access Power & (PK) (USOTC:ACCR)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Access Power & (PK) (USOTC:ACCR)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
