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Re: 4u2nv2 post# 7083

Wednesday, 10/26/2016 11:31:12 PM

Wednesday, October 26, 2016 11:31:12 PM

Post# of 15240
It's used for reverse mergers for numerous reasons.

But in the case you found IMO not pertaining to RVUE, it's done because the company has fell behind in its required filings and/or abandoned the company. If that is the case then filing the necessary missing periods become difficult or downright impossible, hence filing a form 15 of form 25. Which says to SEC I'm no longer a filer and then this leads to a possible merger who can then refile a form 10 or s1 again to become a SEC filer again (name change etc.)

The author of that article tends to dislike "dark" or anything pretty much pertaining to the OTC from my research.

In RVUE case it could to be to take advantage of the new JOBS act or FAST act laws or to save money before merging??

There is a ton more between the above lines, one for example is in order to file a form 15 you have to be current (which RVUE is and done correctly) but the SEC seems to overlook this.

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