Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
On June 8th, 2020 at 12:00pm EST, the Board of Directors of ACCR filed
with the Secretary of State an amendment to our Articles of Incorporation.
Florida Statute 607.0901 is the only reference to a reverse split. The Issuer
did not require shareholder approval per FS 607.0302(11), FS 607.0704, and
FS 607.0901. The Corporation is effecting a 1-for-10 reverse split of its
shares payable upon FINRA processing.
The Corporation only has common stock. The share structure of the
Corporation prior to the reverse split will be:
Authorized shares 300,000,000
Outstanding shares 300,000,000
Patrick owned restricted 186,984,379
DTC FLOAT 98,374,146
|
The share structure after the reverse split will be:
Authorized shares 300,000,000
Outstanding Shares 30,000,000
Patrick owned restricted 18,698,438
DTC FLOAT 9,837,415
|
The Corporation is effecting a 1-for-10 reverse split with the intention to
raise shareholder value. The Corporation has not issued any stock, other
than to our Director, to anyone else in over 20 years. The amount of stock
avalible to the ACCR Treasury will be 270,000,000 common shares.
Our Transfer Agent will remain the same.
Cusip indicates our common stock will require a new CUSIP during the 10
day inspection ex-Dividend date. This Corporation has NO INTENTION
to issue shares to anyone else except for the future owners of ACCR.
The amendment was/were adopted by the Incorporators, or Board of
Directors without shareholder action and shareholder action was not
required.
Our stock symbol will forever remain ACCR.
Item 8.01 Other Events
(unaudited)
CASH on HAND: $8,479.29
LONG TERM DEBT: $0
CASH PER FLOAT SHARE: $.00008619
Projected Cash deposits in June 2020: $3,000.00
Projected CASH on HAND 6/30/2020: $65,000.00
Projected CASH PER FLOAT SHARE: $.00660742
|
ACCR has 4 goals now:
* MERGER
* Find a Market Maker via FINRA to file a Form 211 with FINRA.
* Continue to accrue cash per share.
* SSA finalization $50,000.00 cash donation to the Company.
We have a special surprise for our Shareholders coming up. The
decision has not yet been made on how the surprise will be paid.
We filed an 8k in January 2020 stating our projection to close
on SSA would take 6-9 more months. We believe future merger
prospects will love this structure. Our time is finally here. We also
expect to be upgraded in tier at OTC Markets to the PINK
CURRENT INFO. We believe by paying a 1-for-10 reverse split
that our existing naked hard press short will be reduced by 10%.
The Corporation has good relations with the SEC, FINRA, and
OTC Markets.
Our comeback song forever will be:
https://www.youtube.com/watch?v=xbhCPt6PZIU
Patrick J Jensen
Director of ACCR
Access-Power & Co., Inc.
June 10, 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 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 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 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.