On December 01, 2016, the company agreed with 3 Sisters Trust/John Keena from whom it acquired Best Way Auto & Truck Rental, Inc. as a wholly owned subsidiary as of March 31, 2016 to rescind the transaction. In connection with the rescission, John Keena, the founder and Chief Executive Officer of Best Way Auto & Truck Rental, Inc., has resigned as one of American Commerce Solutions, Inc.'s directors and as chief financial officer on December 01, 2016. Frank D. Puissegur, who resigned as one of its directors and as its chief financial officer as part of its acquisition of Best Way Auto & Truck Rental, Inc. has been appointed as a director and reappointed as chief financial officer, a vacancy in each position resulting from Mr. Kenna's resignation.