Access-Power & Co., Inc. affirms commitment to go PINK CURRENT with OTC Markets on January ...
GRAND HAVEN, Mich., Dec. 28, 2020 (GLOBE NEWSWIRE) -- Access-Power & Co., Inc., (“ACCR or the Company”), a Grand Haven based diversified holding Company is pleased to announce a new plan to get to the PINK CURRENT INFORMATION tier with OTC Markets, and reapply by January 24th, 2021.
The company is fully aware of the steps involved to attain PINK CURRENT tier by our re-application date of January 24, 2021. Our Director, Patrick J Jensen commented, “It is with great pleasure that we affirm our commitment to go PINK CURRENT with OTC Markets. We have analyzed our requirements to get to this new tier. The requirements are found here,”
Additionally, the Company is pleased to announce the hiring of a consultant/accountant to help bridge forward all of our financial statements. The Company, going into 2021, is already set up with QUICKBOOKs in anticipation of this higher standard for reporting. Our accountant was hired on December 18, 2020. Our consultant/accountant will also be preparing our Financial Disclosure Reports to be filed with OTC Markets.
The Company expects all expenses to be covered. ACCR on 12/18/2020 wired $2,500.00 to the bank account of our hired accountant. Patrick J Jensen continued, “Our hired accountant came to the Company as a result of a referral. We are pleased, and very blessed to have this ANGEL come down and help our company.”
Patrick further assures shareholders, “ACCR expects good CASH FLOW upcoming.” Our Director has made a commitment in writing to do another paid in capital donation of $25,000.00 by the end of April 2021. We are pleased with the level of commitment that has been established with our Director, Patrick J Jensen.
Patrick commented, “All ACCR expenses right now are covered. We anticipate enough cash to cover all upcoming expenses. ACCR will owe $2,500.00 to our consultant in another month. ACCR will owe OTC Markets another $1k application fee and another $5.5k to complete the yearly News & Disclosure Service of OTC Markets. In the end, ACCR expects to pass all requirements, and get PINK CURRENT.”
Today, ACCR also has learned that MMs going forward will make selected solicited quotes for all Companies in the PINK CURRENT tier of OTC Markets. I want my Shareholders to know, that we see all of this coming, and expect to have enough cash to cover all anticipated expenses with continued ZERO LONG TERM DEBT, and only common stock in our float.
After having had discussions with staff from the SEC, ACCR recently retracted our FORM 10 registration with the SEC on December 21, 2020. We have chosen the route with OTC Markets to get PINK CURRENT INFORMATION. In closing, our Director will continue to make a commitment to bring us to the PINK CURRENT INFORMATION tier. We have a goal to clean up all reporting, all financial bank statements via QB to our accountant, and follow discretion in our disclosure reporting going forward.
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.
Patrick J. Jensen
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.”
Access-Power & Co., Inc.
OTC Ticker: ACCR