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Tuesday, June 07, 2016 8:38:02 AM
You can also read the ibox - I try to keep it short and to the point
CSCE is a shell. On June 2, 2016, a shell facilitator was named as manager on the Nevada Secretary of State (NV SOS) website….
Don't solely rely on Pinksheets.com as your DD source. When a dormant shell goes active, we usually see a reinstatement on the NV SOS website. CSCE was 'sort of' current since the Canadians abandoned CSCE about 6 months ago, all the new manager had to do was pay a late fee and file the annual report… that saved time and money
Next steps will be an update to the OTC profile as well as filings to bring our status current along with an attorney opinion letter. That is when we refer to pinksheets.com
A quick history on CSCE over the last 2 years. A handful of Canadians took over CSCE to reverse merge with Nano Tech West. The Canadians did very little DD because they did not realize CSCE had a BCSC cease trade restriction from prior management in Canada. What that means is there is no market to buy and/or sell CSCE in Canada. With that bit of DD, the previous merger unwound itself and management abandoned CSCE…. 1 - 2 years later (June 2, 2016), we finally get an update… a shell stock facilitator as management
The good part about the above paragraph, 58 million of the 80 million current o/s for CSCE will be returned to treasury (or cancelled) brining our o/s down to 21 million…. and the float is 3.8 million…. and no convertible debt.
DD LINKS
CSCE NV SOS: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=htTYgUXfModuOX2AbOZRDw%253d%253d
CSCE PINKSHEETS.COM PROFILE: http://www.otcmarkets.com/stock/CSCE/profile
CSCE PINKSHEETS.COM FILINGS: http://www.otcmarkets.com/stock/CSCE/filings
OTCBB DAILYLIST: http://otce.finra.org/DailyList
the above is all IMHO (consider this my safe harbor statement)
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