Friday, November 17, 2017 12:24:06 PM
https://www.law.cornell.edu/cfr/text/17/240.12h-3#
lets say you can get to a point where you can prove that there are 300 or , in my understanding of this with the 10 million dollar asset threshold 500 shareholders...and dont forget you would need documentation to prove this...i would assume from the transfer agent but i am not sure..
so you get the legal documentation you need...what is the next step..i guess you would call the S.E.C. or hire a securities attorney to call the S.E.C ...
lets further posit that the S.E.C AGREES WITH YOU and rules that RMTD by law is required to resume reporting...
THATS A LOT OF ASSUMPTIONS TO GET TO THIS POINT.
BUT the question at this point now becomes DO YOU BELIEVE THAT THIS COMPANY STILL EXISTS ???
does this company have a phone number or address which the S.E.C can use to inform the company that they are required to resume reporting ??
are there officers and directors to whom the S.E.C can state "you are required to resume reporting "
SO AT THIS POINT IN TIME YOU NEED TO ANSWER THE QUESTION..DOES THIS COMPANY ON 11/172017 STILL EXIST..
no one who defends this company on this board has ever provided a scintilla of verifiable evidence that RMTD currently exists ..and NO just a symbol still trading is NOT EVIDENCE
the company must exist and there must be current management because the S.E.C can only enforce a ruling if there is someone who would be held accountable if they do not comply with that ruling.
this only works if the S.E.C as an ENFORCEMENT AGENCY can enforce their rulings on SOMEONE UNDER PENALTY OF LAW.
SO if you believe this company still exists than we can move on to the next step.
HOW does the company pay for EIGHT YEARS of accounting auditing and filing...you would need accountants, auditors , and attorneys ...they will demand to be paid..the S.E.C AINT GONNA PAY FOR ANY OF THIS the shareholders aren't going to take up a collection to pay for it ..in my opinion you are looking at a minimum of 300,000 to 500,000 to pay for all the legal accounting and auditing work needed to catch up on EIGHT YEARS of 10Q's and 10K'S
THE COMPANY AS OF THEIR LAST FILINGS AND COMMUNICATIONS WITH SHAREHOLDERS WAS FLAT BROKE AND DEEPLY IN DEBT.
IF you believe that this company has continued to exist and has had revenues and earnings over the last 8 years and currently has assets and money and has current officers and directors who the S.E.C COULD HOLD ACCOUNTABLE ...than you may see your filings
please read this rationally and think it through , and I'll look forward to your response .
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