Wednesday, September 17, 2014 6:36:11 PM
The fact that there is no revenue may be due to factors beyond his control.
Whether or not he has lost interest in the Company is something I would not know or be privy too. It does not really matter. The stock traded less than $100 in volume today.
All Mr. Samblis has to do is keep this company current and sit on the sidelines. When he believes that there is a viable or synergistic business to acquire he can do so based on his shareholdings and Delaware Law. Based on his ownership percentage, he has carte blanche to do what he wants.
Those are the facts. One more reverse and he gets rid of some more shareholders at a cheap price and then can start this all over again. It does not appear that the regulators care and if Mr. Samblis cared, please provide him or this forum with one idea that could put some life into this Company one with no cash, no personnel, no fixed assets and a potentially huge dilution coming.
At some point the schmoozing has to stop and the results have to begin. When that time comes, only god knows.
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