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Needs to be addressed sooner than later...
I think an attorney letter was required for annual since it had unaudited financial’s. I could be wrong.
Amended filing needed? Attorney letter?
Back to Pink Limited
https://www.otcmarkets.com/stock/DRGV/overview
Any idea if the 1000:1 reverse split is still going to happen or if it has been cancelled?
Good morning $DRGV
Operations are continuing and we are no longer a shell. Time for profits!
Not maybe, they are. Both shells were acquired, they have yet to officially merge a company into DRGV...
https://www.otcmarkets.com/stock/SCAL/disclosure
Yunxia and Chongyi are officers/insiders here also.
https://www.otcmarkets.com/otcapi/company/financial-report/362935/content
This looks an awful lot like DRGV filing. Chongyi Yang signed both. Some of same members on both companies if you look at annual filings for both companies. Yunxia Li also on both boards. Possible connection? Similar fields.
https://www.otcmarkets.com/otcapi/company/financial-report/362935/content
This looks an awful lot like DRGV filing. Chongyi Yang signed both. Some of same members on both companies if you look at annual filings for both companies. Yunxia Li also on both boards. Possible connection? Similar fields.
It's setting up! $DRGV
They presently have 6 products with GMP & FDA certificates as per filing. Cool! $DRGV
Still no convertible debt, that's positive
Wow it’s actually something good. They making some money.
Annual filed. Some products, some revenue...
May happen. In my humble opinion, need to lower AS, and OS by canceling some shares
If they want to really set themselves up for success, they need to cancel the R/S.
Filing for removal of shell status
https://www.otcmarkets.com/otcapi/company/financial-report/362938/content
Then there should be no changes then.
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/
Pink current and not on list. Guess we will see Tuesday.
drgv already has the warning. This security is eligible for Unsolicited Quotes Only
all the dates on the list is showing 17th,, can't be only list ever,
List of shell companies, as of March 17th, that may no longer be eligible for proprietary
public quotes after March 28th. Note that this list is subject to change.
has it been a shell all this time?
is the company profile accurate?
did they make the list from otc company profiles?
did it slip through the cracks?
I saw the list a few days ago, this one isn't on it.. why not?
How long has it been a shell?
last report,
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and
Rule 12b-2 of the Exchange Act of 1934):
Yes: x
less than 18 months? I didn't look
are you going to rely on a list- ? or just know
This one wasn’t on the list. Other one was.
Is this one still a shell?
did you get one of these? CHANGE OF SHELL STATUS
Supplemental Report for Change of Shell Status
monday the 27th is a holiday.. lol
Still need an update from the company. Potential mergers... get some excitement going.
"Capital contribution completed Aug 2022"... The "active mandate" has been 7 months now, gotta figure "sink or swim" time is upon DRGV...
Not on the list, but still nothing from the company...
Someone who has time, should call otcmarkets for a more definitive explanation.
I can't till Monday
Don’t know. I have one on that list and 2 not.
What's the difference of a shell company on the list, and those that aren't?
Anyone know. TY
https://www.otcmarkets.com/learn/15c2-11-resource-center
But I checked list after I posted and didn’t see DRGV
Nvm. I did not see dragon on the list. Maybe I missed it.
Amendments to Rule 15c2-11 Regarding Shells: Effective March 28th
The Rule also provides an 18-month transition period for any company that was identified as a shell on the effective date. The 18-month transition period for shell companies to maintain a public market after the implementation of the Amended Rule 15c2-11 is expiring on March 28, 2023. Any company that was a shell on September 28, 2021 will become ineligible for broker-dealer proprietary quotes after March 28, 2023 if it is still a shell on that date.
A list of the shell companies that may no longer be eligible for proprietary public quotes after March 28th is available here. Note that this list is subject to change - if a company ceases to be a shell prior to March 28th, it will remain eligible for public quotations.
It was me. Still have a bunch.
Some justified impatience yesterday
A bit of action this morning. Almost there !!!
Reckon they'll ever do anything? Just sayin'...
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Court Case URL: https://www.clarkcountycourts.us/Anonymous/CaseDetail.aspx?CaseID=12053535Minute Order (Judicial Officer Bluth, Jacqueline M.)
Minutes 10/05/2020
Having reviewed Petitioner Harry Haining Zhang's Petition for Appointment of Custodian and concluding that petitioner has satisfied the requirements of NRS 78.347, the Petition for Appointment of Custodian is hereby GRANTED. Proceedings scheduled for October 8, 2020, are hereby OFF CALENDAR. Petitioner shall promptly submit a proposed order. CLERK'S NOTE: The above minute order has been distributed via e-mail to: Harry Haining Zhang kar 10/6/20
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