It appears CEO Yamamoto failed to file the 10K on time, and is now a OTC Yield and no longer an OTC QB. It is delinquent, was a shell company and is a shell company as defined by Rule 144(i)(1) and Rule 144(i)(ii).
Looks like no more free trading shares are available for at least 1 year from curing this delinquency.
If and when Yamamoto (nobody knows if there is a Yamamoto) files the 10K, if it will show ownership of these top secret and suspect graphite claims? How much revenue since the alleged acquisition back in November of 2012? Probably no assets, and no revenue in the seven months yet. Just press releases that lack accuracy and any sort of adequacy to the truth. Looks like we have a ghost ship of a shell, awaiting a Section 12(j) from the Commission.
It is funny the issuer announced a symbol change to include an "e", you would think they would know they are no longer quoted on FINRA's OTCBB and only trade on the pinks, thus, there will be no symbol change to include an "e".
In addition, delays in documentation for the audit? Someone lost the files? How do you lose files? Or is someone trying really hard using MS Word to create them really quickly retroactively to match the press releases.
I await with baited breath to see the filing. Eitherway, Yamamoto cannot create free shares for quite some time. No way to pump this one anymore.
