Common sense makes me think that. Why would......
a licensed entity buy another licensed entity, when all the value for the LICENSED entity are in the assets of the licensed entity, and not the license itself, which likely can't even be purchased and/or transferred?
What's so hard to figure out?
I can't wait to see the footnotes to those audited financials that were supposed to appear by the end of January but now look like they are a long way off.
Appearances can be deceiving, can't they?
One can look at an audited 10K that includes FOOTNOTES and see preferred shares being mentioned as issued. A review of the Articles can show something entirely different.
Good thing there's more than one way to become fully reporting, huh?
BTW.....you never answered. Would you file audits for years in which you NOW realize a fraud was committed, plus you realized the last 10K contained false info? If so, how would you go about the process?
Thanks