Wednesday, June 19, 2013 8:26:26 PM
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=xzO5um%2fMI77bTmvcjCQJWA%3d%3d
It also has a Caveat Emptor warning:
http://www.otcmarkets.com/stock/GRBG/company-info
After it received a DTC deposit chill making it non DTC-eligible, the previous three CEOs in succession all abandoned it. There may be debt associated with the shell making it worthless.
Perhaps the Ionlite CEO thought taking over the shell would allow him to raise money, but many financiers will not buy DTC chilled stocks. The possible debt could also have been a reason he never followed through.
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