Tuesday, January 06, 2015 11:34:17 PM
While it is true Financial Content Inc. was revoked by the SEC for failure to file reports, due to it's inability to come up with the money to do so, it was never the intent of the company to leave shareholders hanging, as evidenced by the filings that were made.
First and Foremost, one must remember what happened to First Content was the result of the general market crash in 2008. Many Dot Coms went under due to their inability to secure financing and luckily, Wilfred Shaw and his colleagues were able to save the company and take it private via a stock transfer, in hopes to resurrect it. In the interim, they were left with a shell they tried to sell and like many at the time couldn't.
Wilfred Shaw made it very clear that they were trying to sell the Shell, to the SEC and stockholders and was always filing properly to convey that. In their last filing of March 2009
Per:Mar 31, 2009 Notification of inability to timely file Form 10Q or 10QSB: http://www.sec.gov/Archives/edgar/data/1100360/000114036109012715/doc1.htm
During this time period Shells were a dime a dozen and this was obviously not the time to "Go Public" for any company. They did what any of us would do given the same situation...read the filings:
http://www.wikinvest.com/stock/Financialcontent_Inc_%28FCON%29/Filing/8-K/2008/Ex-99.1/D2125697
“The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change and grow and love and live.”~Leo Buscaglia
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM