Item. 8.01 Other Events.
Access-Power, Inc. has the following letter for our Shareholders and
the Commission to review.
My Dear Shareholders of Access-Power, Inc.,
On Friday December 13, 2019, Access-Power, Inc. completed it's audit
and review of bank records and expenses and final efile with the
Internal Revenue Serice was performed. In short, the Company
realizes that this is not a PCAOB member firm. Our MASTER TAX
ADVISOR is delighted to help us! She has over 25 years of business
expertise and has a thorough understanding of the very complicated
tax laws surrounding our Company. As stated earlier, this efile
with the IRS represents our Company's first US Tax Return filed in
over 18 years. The bank records of Access-Power, Inc. have been
thoroughly examined. All bank statements for 2018 from January
2018 to our current month of November 2019 have been examined
by H&R Block. The Company also provided our MASTER TAX ADVISOR
with all monthly expense reports. These have all been verified.
Of Course, this represents a significant milestone and event
for our Company.
Access-Power, Inc. is please to confirm revenues for 2018 in
the amount of $29,061.00. For the year, Access-Power, Inc. had
a net loss of $17,500.00 for the year. This loss was supported
by personal donations by Patrick J. Jensen, and there
has been no dilution in the Company stock during all of 2018.
Taxable Income for the Year Ending 2018 was -$17,500.00. These
are certified results paid for by a personal donaltion
of $450.00 by Patrick J. Jensen. The check was cashed on
Monday December 16, 2019. I am trying to bring back this
Company. I am building a concept operation from the ground
floor up. There are many risks to building a business, however
I believe that I have the ability to succeed. At the beginning
of 2018 as a starting point for the audit of expenses, the
Company on January 1, 2018 recorded $0.00 in Cash. We ended
the period 12/31/2018 with $500.00 in cash. The Company has
supplied our Master Tax Advisor all of our records, and also
will be engaging in a program, where H&R Block will have daily
access via protected password, to all bank records and approved
transactions. We are a full disclosure firm with our advisor.
Our monthly expenses as a Corporation are contained, and
verified at $2,350 per month. The break down of our FIXED
MONTHLY BREAKDOWN are as follows:
Rent $1,500.00
Cable, Internet, and TV $185.00
Electricity, Gas, Water, and Sewer $100.00
Marketing Expenses $500.00
Food, Office supplies, etc $100.00
Our Master Tax Adviser had verified all our 1099's, and all of
our monthly expenses, and every single bank record for the
Company for all of 2018 and present through 2019.
ACCR is a real business, with real operations, and we have
never issued stock or sold any stock as a Company in over
18 years. This is a long time.
As of today, December 17, 2019...the verified outstanding
share is 244,144,121 and at a closing price of $.0055, this
represents a total Company market value of $1,342,792.66. This
represents a substantial gain since October 18, 2019. On
October 18, 2019, the Company had a venue change with OTC
Markets and our verified profile can be seen here.
https://www.otcmarkets.com/stock/ACCR/security
Our trading float is current as of this morning at 98,244,146
shares. I continue to believe there is a position that is
frozen in time, and the actual trading float is much more
substantial. Back to operations of the Company, my concept
brand is taking shape. The website for my futuristic marijuana
clone delivery service is https://www.clonesbydrones.com.
This MASTTER 20x20 GROW ROOM and my 20x20 MASTER CLONING ROOM
can be up and running with 3 months of my final funding.
Over the last few weeks, the Company was thrilled to explain
to FINRA in detail all of our operations. We are going
through also a Corporate Action Request with FINRA, and this
process is very exaustive and thorough. Our future operations
will be SELF FUNDED. Self funded means that there will be
no dilution in our Common stock. ACCR will not amend our
articles of incorporation neithe at our Florida Sec of State,
http://www.sunbiz.org. We only have common stock.
PERIOD.
My name is Patrick J Jensen, and I applied for US SSA Disability
on May 1, 2019, and my claim is as of this morning still
pending.
I am 100% confident, that I will be successful in my SSA.GOV
disability claim. With the approval of this award soon, I
expect to close and donate our $50,000.00 previously
announced funding comittment. The operations of ACCR are
funded with revenue that comes from our Work at Home business
model. The Company provides sales and customer service for
Fortune 500 Companies. The Company wants to focus 100% of
its efforts on the future brand named Clones by Drones TM.
For my Shareholders, and the Commission, I am applying for
benefits that will pay me estimated $3,000.00 for the rest
of my life, and a lumpsum payment of $63,500 for my claim.
Going forward, we also have applied for a trademark for
Clones by Drones with the US Patent and Trademark Office.
http://tsdr.uspto.gov/#caseNumber=88690325&caseType=
SERIAL_NO&searchType=statusSearch
Our next step will be to amend our Company 10k from 2018.
We also will secure a letter signed by H&R Block attesting to
verification of all monthly bank records, revenue, and expenses.
We have a 2 year plan going forward to become CURRENT REGISTERED
with the SEC. After 2 years, we plan to get an accountant that is
registered with the PCAOB, like BDO of Grand Rapids. We will
continue to be a CURRENT REPORTING company. We believe in our plan,
and we are secure in our future. Again, as of today, December
17, 2019...the verified outstanding share is 244,144,121 and at
a closing price of $.0055, this represents a total Company
market value of $1,342,792.66.
Just stay with me...
Our comeback song remains the same and just believe in me,
https://www.youtube.com/watch?v=xbhCPt6PZIU
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.
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.
Respectfully submitted before the Commission,
Patrick J. Jensen
Director
Access-Power, Inc.
December 17, 2019