June 26, 2018April 1, 2019
Quarterly Report Under Section 13 or 15(d) of
The Securities Exchange Act of 1934
Commission File Number 333-65069
NAME: Access Power,EXACT NAME as this appears in our Charter: Access-Power, Inc.
YEAR: 1996
STATE OF INC: FLORIDA
QUARTERLY REPORT: 1st 10qsb PE: 03/31/2010REPORT PERIOD ENDING: March 31, 2019
I.R.S. Employer Identification No. 59-3420985 **at the time it
was different.
2018: 27-4546259
17164 Dune View Dr # 106 Grand Haven, MI 49417
(Address of principal executive office) (Zip Code)
Issuer's telephone number, including area code: (616) 312-5390
______________________________________________________________________
This filing is a technical requirement in order to bring us current.
No one is assisting Patrick J Jensen in all this hard work.
He is Human. This form is basicallySECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
/X/ Quarterly Report Under Section 13 or 15(d) of
The Securities Exchange Act of 1934
For the same as the prior report,
except for the dates/period have changed.
****CURRENT UPDATE****
AsQuarterly Period Ended September 30, 2018
/_/ Transition Report Under Section 13 or 15(d) of the close of business June 21, 2018
there were issued and outstanding 244,144,121 shares
of our Common stock. We have a treasury of 500,000,000 Authorized
shares of Access-Power Inc common stock, so that means that we have
about 255,000,000 shares AVAILABLE for issuance. We have $200 in our
premiere checking account now. We are a For Profit Corporation
active in the State of Florida, operating in Michigan for the time
being.The Exchange Act
Commission File Number 333-65069
Access-Power, Inc.
is for sale. Management will make
informed well processed decisions.
STANDARD TRANSFER COMPANY
ACCESS POWER INC - COMMON Printed: 6/21/2018 4:59:40 PM
Current NonCancelled Certificate List---------------------------------------------------------
(Exact Name of Small Business Issuer as of: June 2 1, 2018
Shareholder: JENSEN, PATRICK J BOOK ENTRYSpecified in its Charter)
Florida 59-3420985
(State or other jurisdiction of
Corporation or organization) (I.R.S. Employer Identification No.)
17164 DU NE VIEW DR #106
Cert No Issued Shares Restricted Stopped Cancelled Issue
Registration
2,951 06/21/2018 20,000,000 11/29/2012 98,468
PATRICK J JENSEN BOOK ENTRY
2,950 06/04/2018 95,000,000 06/04/2018 98,386
PATRICK J JENSEN BOOK ENTRY
Total Shares 115,000,000
Our Website is:
http://www.myaccess-power.com
Access-Power, Inc.'s contact is pjensen@myaccess-power.com.
Access-Power, Inc. is in good standing
with Standard Registrar & Transfer.
Our Transfer Agent is SEC registered, and except for one
change in ownership in 2007, is our original agent dating
back to 1996.
The http://www.standardregistrar.com
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:
https://www.otcmarkets.com/stock/ACCR/profile
We are on the grey sheets and we are actively looking for solicitations
from a Market Maker who will file a Form 211. Access-Power Inc.,
intends to catch up on allDune View Drive Apt 106, Grand Haven MI 49417
(Address of its past due filings.
______________________________________________________________________principal executive office) (Zip Code)
Issuer's telephone number, including area code: (616)312-5390
Transitional Small Business Disclosure Format (check one): Yes __ No X
SMALL
Smaller Reporting Company: Yes X NO ___
Emerging Growth Company: Yes X NO ___
The Company is aware that the ECG disclosure occured in the Fall 2017.
We are including this disclosure in our financial documents because we
intend to catch up our on filings. A Super 10K
was discussed with the Commission; however, we have elected to file
individual quarterly and annual reports as required by federal law.
https://www.sec.gov/rules/final/2017/33-10332.pdf
Indicate whether registrant is a shell company: Yes ___ NO X
______________________________________________________________________MOST RECENT CLOSING PRICE $.0002 PER SHARE. There is no bid for our
common stock while ACCR is traded on the grey sheets.
AS OF THE CLOSE OF BUSINESS MARCH 31, 2019, THE AGGREGATE MARKET
CAPITALIZATION ON A FULLY DILUTED BASIS IS $ 48,828.82, BASED ON A
CLOSING PRICE OF $.0002 PER SHARE.
________________________________________________________________________
****CURRENT UPDATE****
pjensen@myaccess-power.com
http://www.myaccess-power.com
https://www.otcmarkets.com/stock/ACCR/profile
We only have Common Stock.
As of March 31, 2019
Authorized Common Stock: 500,000,000
Outstanding Common Stock: 244,144,121
Estimated Float: Less than 5,000,000
Available Stock for Issuance: 255,855,879
Restricted Common Stock: 129,641,475
As of March 31, 2019, we have $578.10 in our Premiere Checking account now.
Our #1 GOAL IS TO GET ACCESS-POWER, INC OFF THE GREY SHEETs. I have done
much work to clean up our Corporation.
Priority will be to secure a Market Maker, who will file a Form 211
with FINRA. I am 100% committed to achieving this goal. We are
current in all our SEC filings, as required by federal law.
There are many barriers to re-entry.
Many entities do not want our Company to comeback. There is a
good chance that we will NOT succeed. Our visibility into current revenue
is very good. We are producing revenue through our wholly owned subsidiary,
Hunter Venture in the amount of approximately $3,600 per month, and our
#2 goal is to SAVE MONEY.
Below is an exact amount of our current revenue.
Payments into Access-Power, Inc are:
Current Payments Jan, 2019 - Apr, 2019
Check Date Amount View Details
04/16/2019 (DirectDeposit) $1,741.37
04/01/2019 (DirectDeposit) $2,105.57
03/16/2019 (DirectDeposit) $1,459.22
03/01/2019 (DirectDeposit) $926.31
02/16/2019 (DirectDeposit) $462.36
02/01/2019 (DirectDeposit) $1,544.79
01/16/2019 (DirectDeposit) $2,312.80
01/01/2019 (DirectDeposit) $1,339.18
I hope to accomplish the unthinkable, and that is bring back our company
from the grey sheets to a quote service with OTCMarkets.com. There are
only a handful of Companies that have accomplished this unthinkable feat.
I would like to save enough money in the Premiere Checking account,
to one day pay their $5,000.00 fee in order to file a Company Disclosure
with OTCMarkets.com. This may not occur until 2020. However, I am a
skilled salesman, and will try my very best to save money in the Premiere
Checking account over time. I personally own about 54% of the common
stock of this Corporation, and have full control over our destiny.
Comeback with me...
I have no plans to dilute the common stock in 2019, nor in 2020, and
as previously stated, our Common Stock float is less than 5,000,000
shares.
We continue to have an almost 2,000,000 reported short position
reported through Rule 4560 of FINRA. This short position was covered by
200 shares for the period ending 03/15/2019.
Very best regards,
PATRICK
Part I. Financial Information
**********
Item 1. FINANCIALFinancial Statements
ACCESS-POWER, INC.
(An Emerging Growth Company)
UNAUDITED
Balance Sheets Comps
Assets
March 31, December 31,
2019 2018
------------------ -------------------
(unaudited)
Current assets:
Cash $ 578.10 $ 500.00
CDs
Accounts receivable $ 0 $ 0
Prepaid expenses $ 0 $ 0
---------------------------------------
Total current assets $ 578.10 $ 500.00
---------------------------------------
Property and equipment, net $ 0 $ 0
Other assets $ 0 $ 0
---------------------------------------
Total assets $ 578.10 $ 500.00
=======================================
Liabilities and
Stockholders' Equity
(Deficit)
Current liabilities:
Accounts payable and accrued
expenses $0 $ 0
Current portion of
long-term debt - -
Total current liabilities $ 0 $ 0
Convertible debentures $ 0 $ 0
------------------ ------------------
Total liabilities $ 0 $ 0
---------------------------------------
Stockholders' equity
(deficit):
Common stock,
$.001 par value,
authorized
500,000,000 shares,
issued and outstanding
244,144,121
and 244,144,121 shares
as of June 30, 2018
and Dec 31, 2017 $244,144.12 $244,144.12
=======================================
Total liabilities
and stockholders'
equity (deficit) $244,144.12 $244,144.12
=======================================
ACCESS-POWER, INC
CONDENSED CONSOLIDATED STATEMENTS
All financial records fromOF OPERATIONS (unaudited)
THREE MONTHS ENDED MARCH 31, 2019:
CASH FLOW
REVENE $ 8,044.66
COST OF REVENUE $ 7,966.56
----------------------------------------------------------
GROSS PROFIT (LOSS) $ 78.10
OPERATING EXPENSES
Selling, general and administrative exp
rent, and utilities $ 0.00
Consulting fees $ 0.00
Professional fees and related expenses $ 0.00
TOTAL OPERATING EXPENSES $ 0.00
Salaries $ 7,966.56
Fair value of derivative liability $ 0.00
OTHER INCOME nonrecurring $ 0.00
Gain on debt extinguishment $ 0.00
(LOSS) INCOME BEFORE PROVISION FOR $ 0.00
INCOME TAXES $ 0.00
PROVISION FOR INCOME TAXES
treated as prepaid expense on
balance sheet $ 0.00
NET (LOSS) INCOME $ 78.10
BASIC (LOSS) INCOME PER SHARE
DILUTED (LOSS) INCOME PER SHARE $ nil
WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING BASIC 244,144,121 shares
RESTRICTED SHARES 129,641,475 shares
ESTIMATED FLOAT LESS THAN 5,000,000 shares
/s/
Patrick J Jensen
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS
Overview and Plan of Operation
Business Overview
Access-Power, INC, or ACCR is a public holding company that serves the
various sectors in our economy. As of today, we only service the Work at
Home business model. Access-Power, Inc. have been destroyed by
previoushas one (1) key employee.
We were incorporated back on October 10, 1996. There was a change in
control in the Registrant on June 4, 2018.
ACCR is not currently offering any stock for sale.
Any stock to be purchased is available in the open market.
We are currently quoted in the grey market of the OTC.
We are current in our obligation to report with the SEC.
Access-Power, INC owns at the moment Hunter Venture, a Michigan
for profit Limited Liability Corporation. On June 4, 2018, Hunter
Venture became a wholly owned subsidiary of the Corporation.
Patrick J Jensen is a director with our company, and currently the only
employee working with Hunter Venture.
We had a FINRA processed name change, and made the daily sheet list
in September 2018:
https://otce.finra.org/otce/dailyList
Mr. Jensen is fluent in Spanish. He graduated from Tulane University
with a Bachelor of Arts in Economics and a minor in Studio Art.
PART II - OTHER INFORMATION
Item 1. Legal Proceedings
NONE.
Item 2. Changes in Securities and Use of Proceeds
NONE.
ILLUSTRATIVE PURPOSES BELOW:
At $.0001 BID, the entire value of the Company shares on a fully
diluted basis is: $24,414.41
At $.001 BID, the entire value of the Company shares on a fully
diluted basis is: $244,144.12
At $.01 BID, the entire value of the Company shares on a fully
diluted basis is: $2,441,441.21
At $.06 BID, the entire value of the Company shaes on a fully
diluted basis is: $14,648,647.26
Management will make informed well processed decisions, and management
and arewill succeed, as failure is not available. It is very expensive to
obtain audited reports of $0.
Patrick J. Jensen
616-312-5390
pjensen@myaccess-power.com
**********an option.
Item 3. Quantitative and Qualitative Disclosures About Market Risk
DESTROYED AND NOT AVAILABLEThere is no current risk with management. Everything is under control.
**********
Item 4. Controls and Procedures
DESTROYED AND NOT AVAILABLE
___________________________________________________________________________Access-Power, Inc. will forever employ good management decisions.
________________________________________________________________________
PART II - OTHER INFORMATION
Item 1. Legal Proceedings
NONE
**********
Item 1A. Risk Factors
NONEMANY
**********
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
NONE
**********
Item 3. Defaults Upon Senior Securities
NONE
**********
Item 4. Other Information
NONE.
Patrick J Jensen
**********
Item 5. Exhibits
(a) No Exhibits are being filed.
(b) No Reports onThere is one Form 8-K were filed during this periodperiod.
Patrick J Jensen profile on LinkedIn:
https://www.linkedin.com/in/patrick-j-jensen-564946b4
I will promise to always be truthful and honest to my friends and family. We
have ZERO affiliation to Access-Power MEA.
Again, our #1 goal is to get our Company off the grey sheets, and our #2
goal is to SAVE MONEY. In 2007, I had a net worth of over $5,000,000.00 and
then lost it all. I am building, saving, and working today to find a private
company that will REVERSE MERGER their operations into our tightly wound up
float of less than 5,000,000.
In my opinion, our stock supply is extremely tight. I am in contact with an
attorney to help me with the up listing process to the Pink Sheets to get our
Company stock traded again:
https://www.otcmarkets.com/learn/getting-traded
Again, any FINRA RULE 4560 reported short position in our Company stock
can be found at:
https://otce.finra.org/otce/equityShortInterest
At a closing price of $.0002, the whole Company is valued at $ 48,828.82.82.
My contact information is:
pjensen@myaccess-power.com
616-312-5390
I wish to continue on our road to uplisting, and will continue to strive, work,
and save money in our Premiere Checking account. Again, our #1 goal is to get
our Company off the grey sheets, and our #2 goal is to SAVE MONEY.
Our comeback song:
https://www.youtube.com/watch?v=xbhCPt6PZIU
Yes, comeback with me...
_______________________________________________________________________________
SIGNATURES*
Pursuant to the requirements 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.
In accordance with the requirements of the Exchange Act, the Company caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.
ACCESS-POWER, INC.
BY:
/s/
Patrick J. Jensen
President, Treasurer, and Director
June 26, 2018April 1, 2019