January 4th, 2021
This form is filled out within all the SPIRITs of the SEC Laws of '33 and '34.
ACCESS-POWER & CO., INC.
OTC TICKER: ACCR
We were violent victims of toxic death spiral convertible "floorless"
debentures from 1998 to 2008, and then through March 2012.
PERIOD and DOCUMENT: 10KSB for the FULL YEAR 12/31/2020
COMPANY CONFIRMED NAME: ACCESS-POWER & Co., INC.
CENTRAL INDEX KEY: 0001041588
FORM TYPE: 10KSB
SEC FILE NUMBER: 333-65069
STREET 1: PO BOX 598
CITY: GRAND HAVEN
Respectfully submitted to the,
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
The Division of Corporation Finance, Section 11
100 F Street NE, Washington, D.C. 20549
/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED
DECEMBER 31, 2020.
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM ______ TO _____
COMMISSION FILE NUMBER: 333-65069
ACCESS-POWER & CO., INC.
[Exact name of Registrant as
specified in its charter]
*** FLORIDA ***
Domicile State or other jurisdiction of
incorporation or organization
*** MICHIGAN ***
State of Operations
PO BOX 598
GRAND HAVEN, MI 49417
(Address of principal executive offices)
REGISTRANTS TELEPHONE NUMBER, INCLUDING AREA CODE: 616-312-5390
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: NONE
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
COMMON STOCK, $0.001 PAR VALUE - 300,000,000 shares authorized fully diluted.
Indicate by check mark if the registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities
Act. Yes No X
Indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or Section 15(d) of the Act.
Yes No X
Indicate by check mark whether the registrant (1) has
filed all reports required to be filed be Section 13 or 15(d)
of the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. Yes X No
Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any,
every Interactive Data File required to be submitted and
posted pursuant to Rule 405 of Regulation S-T (232.405 of
this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit
and post such files). Yes X No
Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K (Section 229.405
of this chapter) is not contained herein, and will not be
contained, to the best of registrants knowledge, in definitive
proxy or information statements incorporated by reference in
Part III of this Form 10-K or any amendment to this Form 10-K.
Indicate by check mark whether the registrant is a large a
ccelerated filer, an accelerated filer, a non-accelerated
filer, smaller reporting company, or an emerging growth
company. See the definitions of large accelerated filer,
accelerated filer, smaller reporting company, and
emerging growth company in Rule 12b-2 of the Exchange Act.
Large accelerated filer NO Accelerated filer NO
Non-accelerated filer NO (Do not check if a smaller
Smaller reporting company YES
Emerging growth company YES
If an emerging growth company, indicate by check mark if
the registrant has elected not to use the extended
transition period for complying with any new or revised
financial accounting standards provided pursuant to
ection 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act).
Yes No X
ALL COMMON SHARES REFLECT A FULLY DILUTED BASIS.
State the aggregate market value of the voting stock held by
non-affiliates computed by reference to the price at which the stock was
sold, or the average bid and asked prices of such stock as of a
specified date within the past 60 days:
PATRICK restricted shares: 186 ,984,379 shares
PERCENT OF SHARES HELD BY NON AFFILIATES= 37.6719%
SHARES HELD BY EVERYONE ELSE : 113,015,621 and of this amount,
we certify a DTCC FLOAT SINCE MARCH 1, 2012: 98,376,146 common shares
The aggregate market value of the voting common stock held by non-affils.
of the registrant (assuming officers and directors are affiliates) was
approximately $ 395,554.67 as of 12/31/2020, computed on the fully diluted
basis of and the closing price on such date of $.0035, and so...
113,015,621 held by non-affiliates + 131,128,500 shares acquired by our
Director plus 55,855,879 issued to our Director in 2020 = 300,000,000
common shares verified by our SEC Registrered same Transfer Agent
dating back to May 1997. Our Director's FORM 4 filings are found here:
As of December 31st, 2020, there were 300,000,000 shares of the registrant's
Common Stock outstanding. PATRICK J JENSEN, Director of Access-Power & CO.,
Inc. has a total of 186,984,379 Restricted Shares of these shares.
THE TOTAL MARKET CAPITALIZATION AS OF THE CLOSE OF BUSINESS
January 4th , 2021 is $1,050,000.00 BASED ON A CLOSING PRICE OF
$.0035 PER SHARE on 12/31/2020, and total outstanding issued
common stock equalling 300,000,000 shares.
At January 4th , 2021, there were issued and outstanding 300,000,000
shares of Common Stock fully diluted, and Patrick J. Jensen owns
186,984,379 shares or 62.3281 percent of all the Common Stock.
In 2020, the Company during the course of 2020 experienced a market
capitalization HIGH of over $3,000,000.00.
All 186,984,379 are currently all restricted and held in book entry form at our
THE SEC COMMISSION CONFIRMED OUR FORM RW ON 12/21/2020.
My Dear Shareholders, OTC Markets Directors, colleagues at FINRA, and to the
Esteemed Commissioners of the SEC, and of course, to my Chiefs at Section 11
at the SEC,
CURRENT UPDATE...as of January 4th, 2021.
Our Director is called many names on message boards...and today, in 2021 we
bow our heads to all decision makers at OTC Markets in our quest to
re-apply to the PINK CURRENT INFO tier status.
This is a reapplication to occur on January 24th, 2021.
*****WE ONLY HAVE COMMON STOCK IN OUR CAPITAL STRUCTURE****
*****WE DO NOT HAVE CONVERTIBLE NOTES or WARRANTS*****
****WE HAVE ZERO LONG TERM DEBT********
*****ACCR DOES NOT BELIEVE IN PROMOTION*********
It is very expensive to hire a PCAOB registered firm/accountant/attorneys
micro-cap operations. However, we will succeed in capturing all of the
of all the SEC Rules of '33 and '34, as best as we can.
We are fully aware of the FINAL RULE imposed by the SEC, by September
21st, 2021 to require movement of all PINK NO INFORMATION
tier companies to the grey market today called the EXPERT MARKET.
We are pleading with all the Directors at OTC Markets to please be fair to our
Company. We will re-apply with OTC Markets on January 24, 2021 to become
PINK CURRENT INFORMATION tier again, as we once were in 2008.
The only reason why there is a RED STOP SIGN is because of a discussed
CRIMINAL FORM 15 filed by our previous inept managers in 2007.
We charge our past managers naked short sold our
shares into the ground. Their intent was to carve all the equity
off the bone, and then to file the CRIMINAL FORM 15 in 2007
as their criminal strategy.
We provide full disclosure to our
Market Makers, and to our investing community.
We have the Spirit of a Warrior, and our Corporation has done nothing wrong.
All of the Company press releases can be found here:
We have learned that in 2021, all OTC Markets PINK CURRENT
tier Companies will have at chance at Solicited Quotes for the first time in
years. We will not be needing to obtain a FORM 211 with FINRA. We
news that in 2021, only selected PINK CURRENT INFORMATION tier
will receive a shot at SOLICITED QUOTES by a market maker.
ACCR believes to have an excellent relationship with our primary Market
the years. Our primary market maker signed the UNSOLICITED
with OTC Markets pre-October 18, 2019.
We are loyal to our Shareholder base.
Our story...from Inception through March 1, 2012, the Company was
victim of a terrible financial crime. The criminals behind this scheme
investors was planned very methodically.
We have many shareholders placed in restrictive shares...none of
SURFACED in do a 144a sale in over 2 decades. Why is this?
Management believes that all 100 share lot's of restrictive shares were
in fraud, and to fictitious people, or Shareholders - totaling over
shares in never to be claimed restrictive shares.
It was pre-meditated and
very detail in CRIME.
The criminals of the past perpetraded a MASTERMIND financial
our Shareholder base. We seek retribution from our past fraud managers.
recently learned that one of our past fraud managers lives in Nashville
TN in a $5.2 million dollar house in September 2020. We charge
he used SEC
filings to commit financial crimes against our Shareholders. We
15,000,000 shares in RESTRICTED STATUS 100 share lots's....
WE SEEK RETROBUTION FOR OUR SHAREHOLDERS
We charge this man used SEC filings going back to 2002 to commit financial
against our Shareholders. Today, we are the cleanest OTC Companies
The Company made 2 FINRA DAILY lists on 5/6/2020 and on 9/6/2018.
The Company has had discussions with the SEC regarding a FRAUD
FORM 15 that was filed by previous management in 2007. We believe
that we have a fiduciary responsibility to report transparent
information to our Shareholders.
We were victims of toxic death spiral debentures from 1998 to
2008 and through March 2012.
PLEASE FORGIVE OUR PAST.
ACCR as a structure TODAY is very sound, because I am in charge.
ACCR has life only today because of ME.
The past is the past, and
we wish to move forward with a plan to become fully
current with the SEC in 2021. We are trying the best we can within the
Spirit of the Law. We will be refiling our FORM 10 very soon...very
On October 18, 2019, our Company was in the FIRST GROUP of
Equities to bust
out of the death grey market, where we stayed there for 11 years
criminal FORM 15 was filed by previous criminal management.
Let's move forward, and for get the PAST!
Prior to October 18, 2019...we had DEATH....today, we have LIFE, and
we have a
direction on how to fix this trajedy. Today we have visible Level 2
have already spent 11 years in the DEATH DARK GREY MARKET.
Please,,,why should we go back? We will NOT go back, ever.
TODAY, we have LIFE.
Our primary Market Maker signed a new form created with OTC
Markets in 2019.
This form is located here...we believe to have a wonderful relationship
PRIMARY MARKET MAKER.
We jumped from the deathly grey market to the PINK NO INFORMATION
OTC Markets on this infamous date in our history, October 18, 2019.
We have lived
in this tier with NO DILUTION for over a year with no harm to our
WE LOVE OUR SHAREHOLDERS, and believe in RAISING
VALUE. WE VALUE OUR COMMON STOCKHOLDERS.
ACCR received a denial to go PINK CURRENT TIER on July 23, 2020.
submitted every form in a satisfactory manner. We CLASHED with our prior
accountant whom shall remain nameless. We clashed hard. Why were we
to go PINK CURRENT is a mystery to us. Maybe our prior attorney said bad
about our Company to OTC Markets, I do not know why. He threatened to
MARKETS, and call me a liar, when he was the liar.
We do not know. We've been told that OTC Markets did not like our
nor our Company story. ACCR has contacted OTC Markets, and on
2020 we received the following reply:
On July 23, 2020 3:30 PM Liz Heese wrote:
OTC Markets has reached a final determination to deny your application
to the OTC Disclosure & News Service. Our determination is due to
concerns associated with the company and its disclosure, including but
not limited to
issues previously communicated to you.
We consider this matter to be closed and will not engage in further discussion
time. As stated in the email from Nancy Rodriguez, you may reapply
for the service
in 6 months.
EVP, Issuer & Information Services
OTC Markets Group"
THEREFORE, ACCR is going to re-apply to become PINK CURRENT
INFORMATION TIER on January 24, 2021.
ACCR as a Corporation is perfectly
clean, and has done nothing wrong. We've just had bad management.
Amendments and Articles of Incorp all check out at:
ACCR has done nothing wrong. ACCR will get SOLICITED QUOTES
again in 2021.
CURRENT MANAGEMENT WILL STEP DOWN TO CLEAR A PATHWAY
Let's just forget this past CRIMINAL FORM 15, that according to the SEC
be changed, and our only option is today to re-file our FORM 10 properly
with the help of counsel, and we will.
Again, as of the close of business December 31st, 2020 --------> our common
structure is as follows:
Authorized Common Stock: 300,000,000 shares
Outstanding Common Stock: 300,000,000 shares
Estimated Float: Substanstially less than 98,244,146 shares
Restricted Common Stock: 201,625,854 outstanding
PATRICK: 186,984,379 ALL RESTRICTED SHARES or 62.3281 % of the
AMOUNT OF STOCK ON A FULLY DILUTED SHARES - PERIOD!
OUR CORPORATE WEBSITEs IS:
Access-Power & Co., Inc.'s contact is:
PO BOX 598
Grand Haven, MI 49417
We applied for a Trademark for Clones By Drones TM, and also
Clones by Cars TM in 2020. The service will be very futuristic, and will be
first of its kind. We applied for a federal patent for our Clobes by Drones
home curbside delivery service.
WE ARE WORKING ON A REVERSE MERGER...we plan to audit the
private company that wishes to go public in a responsible RIGHT WAY.
Access-Power & Co., Inc. is in good standing and has a very good
with our Transfer Agent, Standard Transfer & Co.
Our Transfer Agent is SEC registered, and except for one
change in ownership in 2007, is our original transfer agent dating
back to May 1997 our beginning. Our transfer agent is SEC registered
and has a profile at:
Standard Transfer & Co.
440 East 400 South Suite 200, Salt Lake City, Utah 84111
Phone (801) 571-8844 Fax: (801) 328-4058
Our ticker symbol ACCR and further information may be found at:
We are actively looking for a MERGER DEAL. In the end, we
plan to re-register our shares again fully by the FORM 10.
Our Director, PATRICK has a total of 15,400,000 shares with a cost
basis of $.0445 worth over $685,000.00 for his grand children to be.
4 filing is on file with the SEC. There are currently a total of 98,374,146
ESTIMATED shares registered in our float.
Management continues to believe that there is a massive short position
in our Company stock that was accumulated from 1999 to 2008, and we
estimate this short position to be massive extended through the
It is not the fault of the Company. We never comment on price, but our
believes in rooting for our Shareholders.
We value our COMMON STOCK...Our Company stock FLOAT is
lower than the official 98,374,146 shares reported to OTC Markets.
We care about our Shareholders dearly, and our top priority is investor
protection. There is NO DILUTION IN THE COMMON STOCK OF
Our Director wants to RAISE SHAREHOLDER VALUE the old
fashioned way through price discovery.
We seek a MONUMENTAL reverse merger in 2021."
ITEM 1. DESCRIPTION OF BUSINESS
Access-Power & Co., Inc, is a for profit business looking for a
MERGER CANDIDATE. We believe that a REVERSE MERGER
candidate is ready to happen in 2021.
2020 was a bad year with the Biblical Covid-19 attack on mankind.
We believe this aggression will continue into 2021, and affect
THE COMPANY HAS NOT HAD ANY CONSISTENT
REVENUE SINCE MAY 2020.
The Company struggled from May 1, 2019 to October 18, 2019. We had no
income during this period, and our operational expenses were paid for
by myself, Patrick J. Jensen as a donation to the Company. I personally
paid out of my own pocket all the expenses during this dark time,
On October 2, 2019---> I dreamed of getting off the greys. This is a fact.
The Company also operates many eCommerce websites at the present time.
We continue to strive to build up our revenues. We want to succeed
and we will comeback to a higher reporting standard. On October 18,
2019 we were upgraded in trading tier from the dark grey market
to the PINK NO INFORMATION market. We have no intention of going
back to the grey market, as the Company currently trades on an
unsolicited basis in the PINK NO INFORMATION tier at OTC
THERE IS RISK TO OUR PLAN.
OTC MARKETS COULD SAY NO...
OTC Markets could
deny our re-application again on January 24, 2021.
ACCR DOES NOT BELIEVE IN PROMOTION, we tried it once in
January 2020 and paid $70 in cash, and it was the worst
experience the Company ever had...what a dumb promoter. We were
curious because the guy came to us soliciting the dumb postings he would do.
We cancelled the relationship after 3 dismal daze days. He was posting
stuff from 1999 as current information...LOL.
The $70 bucks was unsolicited by the Company. We were just dumb and
curious at that one moment in time. We will NOT engage in this
type of activity again....not now. Please forgive our past mistakes...
ACCR has not sold 1 single share of stock in over a Decade
and ACCR does NOT believe in promotion ever. Our Director
became a US Disabled Citizen on August 20, 2020.
Access-Power & Co., Inc.'s revenue shortfalls are supported by personal
donations from Patrick J. Jensen, our Company Director.
We issued the following PRESS RELEASE on December 28th, 2020.
Access-Power & Co., Inc. affirms commitment to go PINK CURRENT
with OTC Markets on January 24, 2021
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,
Jensen commented, it is with great pleasure that we affirm our commitment
PINK CURRENT with OTC Markets. We have analyzed our requirements
to this new tier. The requirements are found here,
Additionally, the Company is pleased to announce the hiring of a
to help bridge forward all of our financial statements. The Company, going into
is already set up with QUICKBOOKs in anticipation of this higher standard
Our accountant was hired on December 18, 2020. Our consultant/accountant
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
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
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
established with our Director, Patrick J Jensen.
Patrick commented, All ACCR expenses right now are covered. We
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
complete the yearly News & Disclosure Service of OTC Markets. In the
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. We want our
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 in 2021, and only common stock in
ITEM 1a. RISK FACTORS
ACCR DOES NOT BELIEVE IN PROMOTION - PERIOD!
Access-Power & Co., Inc. sees RISK EVERYWHERE in this World of
We have a consumer model that is 100percent legal and we believe our
Clones by Car business will be incredible. THERE IS NO DILUTION
IN OUR COMMON STOCK in 2021.
ACCR may have to re-classify ourselves, in future quarters, as a
We are in control of the treasury of ACCR. We will
guard this treasury with our life, as we believe that NO DILUTION will
be very beneficial to our Shareholders over the long term. There
are no convertible debentures associated with ACCR.
ACCR has zero long term debt.
We have a strong set of bylaws.
Risk by our Director is mitigated.
ITEM 1b. UNRESOLVED STAFF COMMENTS
NONE, we plan to re-file our FORM 10 very soon...THERE IS A GOOD
CHANCE THAT ACCR FOR THE FIRST TIME WILL BE MARKED
AS A SHELL.
REVENUE has been affected by Covid-19. We must
find another private company that is willing to carry some innocent weight
and use our Shell/Company to go public.
We will re-register our shares again in 2021 via our Form 10. We know
this ----> we plea wi the SEC please just give us some more time.
OUR REVERSE MERGER IS CRITICAL
ITEM 2. PROPERTY
There is not much property here...
1. http://tsdr.uspto.gov/#caseNumber=88690325&caseType= SERIAL_NO&
2. Hollistic Legendary Seeds $2,000.00 estimated value. Shelf
life of 20 years.
3. 2010 BMW 650i M Tuned Edition...Racing Sports w/ only 55k miles
4. The Mind of Patrick J Jensen - structurally sound, let's GO!
5. 186,984,379 restricted ACCR common shares or 62.3281% of all the VOTE
ITEM 3. LEGAL PROCEEDINGS
NONE - and we do not anticipate any expense problems in 2021. ACCR
has strong confidence that all of our anticipated Company expenses will
ITEM 4. Mine Safety Disclosures.
If applicable, provide a statement that the information
concerning mine safety violations or other regulatory matters
required by Section 1503(a) of the Dodd-Frank Wall Street
Reform and Consumer Protection Act and Item 104 of
Regulation S-K (17 CFR229.104) is included in exhibit
95 to the annual report.
ITEM 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
We trade in the unsolicited basis of OTC Markets in the PINK NO INFORMATION
ALL ON FILE WITH THE SEC WITH MANY STAFF INTERACTION.
We plan to refile our FORM 10 soon. We are working to reapply with OTC Markets
for the PINK CURRENT INFORMATION tier venue change.
All we have to do is get 2 years of AUDITED FINANCIALS, and the ever important
ACCR IS ENGAGING AN ATTORNEY to help us with the ATTORNEY LETTER.
(This is our plan)
CASH IS KING.
ITEM 6. SELECTED FINANCIAL DATA
PREPARED BY PATRICK
OUR DREAM IS PRICELESS...Where do I place public value on...
and my other dreams.
NO PUBLIC DILUTION IN 2020 - ALL YEAR, and ALL YEAR IN 2021
GO ASK FINRA.
ACCESS-POWER & CO., INC.
(An Emerging Growth Company
UNAUDITED - REVIEWED by HR & Block only 2019
Balance Sheets Comps YEAR over YEAR
Our last quartertly report filed Sepetember 30, 2020 is on
file with the SEC.
We plan to file our 2020 tax return soon in 2021 for the
THIRD year in a row with H&R Block.
Assets (UNAUDITED - self reported in TRUST)
DECEMBER 31, 2020 December 31, 2019
Cash $ 32,700.13 $ 1,138.73
Accounts receivable $ 0 $ 0
Legendary Seeds $ 2,000.00 $ 1,000.00
Total current assets $ 34,700.00 $ 2,138.73
Property and equipment, net
ACCR Car -
1 BMW ONLY NOW $ *10,000.00 $ 1,000.00
(sold at approx. $25,000.00
Other assets $ 0 $ 0
Total assets $ 44,700.13 $ 3,138.73
Accounts payable and accrued
expenses rent $ 1,500.00 $ 1,500.00
Cable, Internet, and TV $ 185.00 $ 185.00
Water, and Sewer $ 100.00 $ 100.00
(includes THE BMW) $500.00 $ 500.00
Food, Office supplies, etc $ 100.00 $ 100.00
Current portion of
long-term debt - -
Total current liabilities $ 0 $ 0
BMW debt as of 12/31/2020 $13,908.00
affiliate DIRECTOR owned.
and Warrants $ 0 $ 0
We are working on RETAINED EARNINGS continuation
from 2002 last reported financial earnings and statements.
Total short term
liabilities MONTHLY (($ 2,385.00)) (($ 2,385.00))
*One 2010 BMW 650i M Tuned Racing Sport Edition
NET EQUITY est $10,000.00
*The BMW is in a private name AFFILIATE that
at the stroke of a PEN, becomes the 100% wholly owned
asset/debt as reported.
PREPARED BY PATRICK
$.001 par value,
issued and outstanding
and 300,000,000 shares
as of December 31st, 2019
and Dec 31, 2020
ACCR TREASURY OF
COMMON STOCK IS
NO PUBLIC DILUTION
2020 and 2021
Par Value of
Equity Structure $ 300,000.00 $ 244,144.12
equity (deficit) $ 300,000.00 $ 244,144.12
CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS (unaudited)
FISCAL YEAR ENDED 4th QTR 2020 December 31st, 2020
CASH FLOW OF OPERATIONS
Patrick J Jensen Personal Donation
One TIME DONATION paid in capital $ 0 $ 25,000.00
BADLY IMPACTED BY COVID-19 $ 0 $ 20,561.00
One time CAPITAL GRANT $ 0 $ 14,000.00
COST OF REVENUE $0 $ 0
GROSS PROFIT (LOSS) $ 0 $ 34,561.00
Selling, general and administrative exp
rent, and utilities $ 2,385.00 28,200.00
Consulting fees $2,500.00 2,500.00
Professional fees and related expenses $ 0.00 0.00
TOTAL OPERATING EXPENSES $4,885.00 $ 30,700.00
Salaries to Patrick J. Jensen $0 $ 1.00
Fair value of derivative liability $0 $ 0.00
OTHER INCOME nonreCURRING $0 $ 0
Gain on debt extinguishment $ 0.00
INCOME BEFORE PROVISION FOR nil $3,861.00
PROVISION FOR INCOME TAXES
treated as prepaid expense on
balance sheet nil $ 0.00
NET (LOSS) INCOME nil $3,861.00
BASIC (LOSS) INCOME PER SHARE
DILUTED (LOSS) INCOME PER SHARE nil $3,861.00
WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING BASIC 300,000,000 shares 300,000,000 shares
PUBLISHED DISCLOSURE WITH ALL MY SPIRIT AND
TOTAL RESTRICTED SHAREs 201,625,854 shares or just over
65percent of all stock.
ESTIMATED FLOAT LESS THAN 98,974,146 shares
Estimated Trading Float substantially
lower than 98,974,146 shares
EPS nil nil
The 4th QTR of 2020 saw $0 revenue, and later in 2021, we may
be forced to change
designation if Company revenue continues to suffer------> NOTE TO
ITEM 7. MANAGEMENTS DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONs
ACCR values our common shares, and we may buy them back in 2021.
We have a good
cash pile, and will use it as we see fit.
Our Director is a full time US Disabled Citizen as of August 8, 2020.
Access-Power & Co., Inc., is a Grand Haven,
MI based medical marijuana clone company on track to become Michigans
only manufacturer and distributor of medical marijuana clone products
delivered by https://www.clonesbycar.com (s). We are planning and
implementing to become a fully licensed operation in the State of Michigan.
Our seedvault includes famous strains such as Amnesia Haze...and
so many more.
We are in development of a new service
trademarked under the brand, Clones by Cars (TM), a method for
delivering marijuana and marijuana clones online across the nation by CARS!
Our beta website is www.clonesbycar.com (s). Additionally, the Company
offers a variety of calming pet products on its website
www.mycbdpets.com. Access-Power & Co., Inc. was formed in 1996 and is a
Florida-based profit Corporation. We only have common stock, and
the Corporation has zero debt and no convertible notes. NO WARRANTS.
Shareholders will enjoy no dilution in our Common shares through
the end of 2021, specifically MARCH 2022.
Finally, Access-Power & Co., Inc., is seeking to merge
with another entity with experienced management to create value for
our shareholders. We can do anything in this world.
The Director is Actively looking for a MERGER DEAL.
ITEM 7a. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Access-Power & Co., Inc. is not concerned about market risk.
The Company has learned that in 2021, OTC Markets and Market Makers will
decide price discovery and entity certification
for achieving Solicited Quotes. We understand that the FORM 211 with FINRA
will be gone for all PINK CURRENT INFORMATION tier stocks.
The Solicited Quotes will happen on a select basis, and we believe to have an
EXCELLENT relationship with our Primary Market Maker.
We hope to make a MONUMENTAL deal in 2021 and maybe by the Fall 2021 refile our
FORM 10 with the SEC to ReRegister our shares according to all the Spirit in
all the laws of the Securities and Exchange Commission '33 & '34.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
See item 6.
(b) A smaller reporting company may provide the information
required by Article 8 of Regulation S-X in lieu of any
financial statements required by Item 8 of this Form.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE
ITEM 9A. CONTROLS AND PROCEDURES
Access-Power & Co., Inc. has strict rules to follow and a Corporate Governance.
Our Director's wife of 30 years was diagnosed with Stage 1 CANCER in our 4th
ITEM 9B. OTHER INFORMATION
Access-Power & Co., Inc. will succeed, and will come back further. On October
18, 2019 Access-Power & Co., Inc. was upgraded in tier at OTC Markets from
the grey market back to the Pink No Information Tier. We spent 11 dark
years on the OTC Grey Market. We believe
in a higher reporting standard. We will not dilute our Shareholders
in 2021. Patrick J. Jensen made a critical decision in 2018 which
enabled ACCR to get upgraded in tier. We are not going back to the
There is an SEC 15c211 Modernization Rule update coming in 2021 - expected
by September 2021. We will have 2 trys to get PINK CURRENT with OTC
will be successfull in our re-application on January 24, 2021.
DO NOT PENALIZE US FOR TRYING - this spirit is ALIVE!
In August 2020, our Director PATRICK became a permanent US Disabled Citizen.
We believe that all OTC Companies in the Pink No Information tier will be
to the Expert Market ----> Where the roaches check in, and NEVER check
out - the
NEW DEATH GREY MARKET in 2021.
ACTION TYPE EFFECTIVE DATE SYMBOL DESCRIPTION
Market Change 10/30/2008 ACCR Market change from Pink No
Information to Grey Market
Market Change 10/18/2019 ACCR Market change from Grey
to Pink No Information
We spent 11 years on the grey market Cellar Boxed.
Everyone wants to know how I did it, as there are only a handful
of companies that have ever returned from the dark greys. ACCR has
accomplished the unthinkable. We have liquidity and further
Pink No Information
Dark or Defunct
Verified Profile 12/2020
We are not going back to the GREY MARKET, ever... DREAM ON!
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERANCE
Patrick J. Jensen - Registered owner of 186,984,379 restricted shares
All of these shares are federally RESTRICTED shares. I signed a lock
up agreement pledging never to sell or pledge to sell my restricted
stock until March 2022. At that time, I will follow all
current SEC rules and regulations with regard to Company Directors.
WE have 1 very close advisor who advises ACCR on day to day operations.
ACCR will soon announce an ADVISORY BOARD at no cost to the Company.
ITEM 11. EXECUTIVE COMPENSATION
Patrick J. Jensen is the only KEY EMPLOYEE. I donate all my time
and money to the ACCR Treasury. I donate my own personaly funds to
fund the operations, as ACCR has ZERO CONVERTIBLE NOTES and ZERO
long term debt and NO PROMOTION. I take on a $1 salary from ACCR.
Our Director guarantees all anticipated expenses throughout 2021.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED STOCKHOLDER MATTERS
Patrick J. Jensen - Registered owner of 186,984,379
restricted shares of ACCR.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES
H&R BLOCK of Muskegon. We expect only to pay $450.00 every year for
review and support of the 2020 ACCR US Tax Return. We expect to
complete our 2020 US TAX BUSINESS RETURN sometime in April 2021. We
know that there are many hurdles to bridge forward our accounting.
We need a CPA - and we are working with a consultant to bring one on board.
We need an ATTORNEY LETTER to get PINK CURRENT by our re-application
date of January 24, 2021. We have continuous bank statements from May 2018-
Present. We are in good standing, and request a re-application please to the
CURRENT INFORMATION TIER at OTC Markets.
This is a re-application to be pink current...we last traded in the
PINK SHEETS current tier over 13 years ago and on www.otcbb.com
WE MADE A FINRA DAILY LIST ON 5/6/2020 and 9/6/2018.
***** CERTIFIED *****
Our next step will be to amend our Company 10k from 2018-2020.
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.
We are hooked up to QuickBooks with our CONSULTANT
to solidify accounting in 2021.
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
31st, 2020...the verified outstanding share is 300,000,000 shares and at
a closing price of $.0035, this represents a total Company
market value of $1,050,000.00
We value the shares our Company.
Item 15. Exhibits, Financial Statement Schedules.
Item 16. Form 10Ksb Summary
ALL OTHER QUESTIONS and PARTS OF THE FORM: THE
ANSWER IS NONE or
I DO NOT KNOW. TRUST, TRUTH, and A WARRIOR!!!
We plan to re-file our FORM 10 in 2021.
As of the close of business December 31, 2020
there were issued and outstanding 300,0000,000 shares of our
Access-Power & Co., Inc. has $ 32,700.13 in our premiere
checking account as of 12/31/2020.
We are a For Profit Corporation active in the State of Florida,
operating in Michigan for the time being.
We believe in Raising Shareholder Value, and we have a promised
NO DILUTION to my
SEC Section Chief's at the Corporate Finance Division.
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized, on January 4th, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates indicated.
Supplemental Information to be Furnished With Reports Filed Pursuant
to Section 15(d) of the Act by Registrants Which Have Not Registered
Securities Pursuant to Section 12 of the Act. I am following the Spirit
of the Law to comeback and fight for my Shareholders.
Thank you to all my dear Shareholders, I won't let you down...ever.
Just keep believing in me...and our comeback song is will always
Patrick J. Jensen
Director of ACCR
ACCESS-POWER & CO., INC.
January 4th, 2021
WE WISH TO COMPLY WITH ALL INSIDER TRADING LAWS,
and therefore we do not
trade our common stock.
Confidentiality Notice: The information in this email and any attachments
may be privileged,
confidential, or proprietary. If you are not the intended recipient, you are
prohibited from using,
copying, relying upon, or disseminating the information, and the sender
disclaims any liability for
such unauthorized use. Further, if you are not the intended recipient, please
notify the sender
immediately and delete the message from your computer. Thank you.
The following should be considered in connection with an evaluation of our
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
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,
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.
BEWARE OF NAKED SHORTING IN OUR SHARES
MAY GOD BLESS OUR SHARES
Therefore, actual outcomes and results may, and probably will,
from what is expressed
or forecasted in such forward-looking statements due to numerous factors.
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.
WE DO NOT TRADE OUR COMMON STOCK, PERIOD!
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,
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.
END of REPORT
January 4th, 202