UPDATE: Access-Power & Co., Inc. is pleased to announce that we have removed Stacey Bolin as our Corporate Secretary
Access-Power & Co. (ACCR) has announced the removal of Stacey Bolin as Corporate Secretary due to conflicts with the Board of Directors. The Company is actively preparing its FORM 10 filing, expected to be completed in 2-3 weeks, which will transition ACCR to OTC CURRENT REPORTING status. Upon filing, the effective date with the SEC will be 60 days. The update aims to eliminate the Red Stop Sign at OTC Markets and improve market standing while acknowledging various risk factors associated with the investment.
- Expected completion of FORM 10 filing within 2-3 weeks.
- Transition to OTC CURRENT REPORTING status upon filing.
- Conflicts within the Board of Directors may raise governance concerns.
- Acknowledgment of numerous risk factors that could adversely affect business and financial performance.
GRAND HAVEN, Mich., March 04, 2021 (GLOBE NEWSWIRE) -- Access-Power & Co., Inc., (“ACCR or the Company”), a Grand Haven based diversified US Holding Company is pleased to announce today that we have removed Stacey Bolin as our Corporate Secretary. Patrick J Jensen, our sole Director added, “Stacey and the BOD of ACCR had a conflict. We wanted to apologize again to our Shareholders and our beloved Market Makers for having made this error. We are focused on our FORM 10 preparation.”
We want to notify everybody that ACCR expects to complete this process in 2-3 weeks. We are ready with all of our documents. Right after this process, ACCR will see a FORM 10 filed by our Chief Legal Counsel Steve Mills.
FOCUS- PCAOB audit completion, FORM 10…and then ACCR becomes OTC CURRENT REPORTING.
The FORM 10 once filed with the SEC will become effective with the SEC in 60 days. We will be in back and forth communications with the SEC staff during this time.
ACCR is confident on producing an effective FORM 10 and eliminating our Red Stop Sign at OTC Markets to a PINK CURRENT INFORMATION tier Company.
Established in 1996, Access-Power, Inc. is a Florida based for-profit Corporation with operations in West Michigan.
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 COMPANY'S FILINGS, INCLUDING ALL EXHIBITS, AND CAREFULLY
CONSIDER, AMONG OTHER FACTORS THE VARIOUS RISK FACTORS THAT MAY BE
PRESENT.
BEWARE OF NAKED SHORTING IN OUR COMMON 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 or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about the Company's 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.
Contact Information:
Patrick J. Jensen
Director
Tel: 616.312.5390
Email: pjensen@myaccess-power.com
Corporate Website: http://www.myaccess-power.com
"Our corporate website is currently under construction to soon reflect our new business model in the Michigan Medical Marijuana Clone sector."
Product Website
http://www.mycbdpets.com
Access-Power & Co., Inc.
OTC Ticker: ACCR
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