Sunday, July 16, 2017 3:04:19 PM
It means that for whatever reason Duncan-Jeffy has decided to pay Nevada $500 for a business license fee, plus $100 penalty as a late fee. He can now again claim TRII is licensed as a business by the state of Nevada.
It doesn't change TRII is delinquent in its SEC filings for the years 2015, 2016. Duncan-Jeffy would need to file audited 10K for both those years, and 10Qs for this year to cure the delinquency. The SEC typically will delist a stock delinquent for 1-2 yrs. The SEC in its usual turtle mode is overdue on this one.
It also doesn't change Duncan-Jeffy sold the wonderful mining property, or all known mythical assets of the TRII scam to a Canadian scam, out from under the TRII SHs. Duncan-Jeffy got a pile of stock in the other company to dump in the Canadian market. He always had things setup that he was first in line with the debt note he held from when his private company sold the scam assets to his TRII scam. What did SHs get out of the deal? They now hold stock in a delinquent shell.
My guess is now that TRII has a business license again, Duncan-Jeffy wants to resume the scam issuing new stock, new debt notes, with a new scam angle. Or set it up as a pink shell for someone else to buy? I'll have to ask around.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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