ACII - AmeriChip International, Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ACII - AmeriChip International, Inc

ACII 25.22

+0.2%

12:47 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TheSpook who wrote (2036)	7/1/2008 11:43:44 PM
From: looking&searching	of 2396

Sarbanes Oxley certainly appears to apply to former, controlling ACII mgt & directors as a group, in spades. Let's see the ACII forensic accounting & management report for pre-May 27, 2008, which the company should make public for all shareholders to analyze -- asap or sooner. -------------------------- Sarbanes Oxley: . Most professional money managers who manage other people’s money simply will not even consider buying a small OTCBB or pink sheet company that is not NASDAQ & Sarbanes-Oxley compliant . The intent of Sarbanes-Oxley & NASDAQ corporate governance compliance is to minimize Enron-type situations where shareholders are harmed NASDAQ corporate governance requirements address: . Independent Directors, Audit Committees . Conflicts of Interest, Code of Conduct . Shareholder Approval, Shareholder Meetings . Stockholder Voting Rights, Quorum . Solicitation of Proxies, Distribution of Annual and Interim Reports Sarbanes-Oxley violations & penalties include . Improperly constituted board of directors -- nullifies prior board decisions . Improperly certified 10K’s and 10Q’s, especially with regard to financial control assertions, loans to officers & directors and other assertions . S-O violations can and do result in actual prison terms & fines.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next