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Popt: That is a lie because I never posted any such thing.
KEYO is a dormant shell. It is a dissolved shell company.
The RTM process has been in the works now for over a year.
Time is near.
You will be proved wrong.
I'm patient.
You? Really interested in a stock you don't own, state you never intend to own yet you are spending an exorbitant amount of time on it.
Such a service. LOL!
lns
lesn: You were just posting that KEYO was not a shell, much less a dormant shell, and therefore would escape SEC scrutiny.
Popt: You be as wrong you wish. We'll see how's right w/in the next five months.
As a dormant shell company the SEC should've suspended trading the first two years it was that after they liquidated all hard assets and closed its doors. That is, if the owner told them he had a plan for it.
That's all it would've taken. A phone call. A question, "Any plans for your dormant shell?" An answer, "Yes". The conclusion, "OK, Thank you."
That is why it trades.
lns
jwkinche: Time will tell whose right here. lns eom
jwkinche: And we can buy company's shares. So, what's you point?
Trying to argue that it's illegal for the shares to be trading?
Trying to argue it's a "scam" that they are trading?
The stock/shell has not been "hijacked".
Dr.SS is allowing it to trade.
Under Popt and your definition of shell company, KEYO traded that way for two years and the SEC allowed it to.
Why?
They'll get it next time, right?
OK.
lns
hes: Keyon Communications Holdings is not a dormant shell. It cannot be 'reinstated.' Instead the entire company has been dissolved. If it was voluntary only, KEYO can go through a series of steps and then apply for a revocation of the dissolution. You will know if this process is started when see three new filings at KEYO.
Until, the revocation is approved, KEYO is not a company or a shell company and therefore cannot be used in a reverse merger. If someone started now, the might squeeze in a revocation before January 2016.
As a dissolved corporation, the SEC can suspend trading any day.
Thanks, I appreciate it. Most of us have actually acknowledged it is a speculative play. Nothing is ever a sure thing, We know that. In my DD, there were enough reasons here for me personally, to invest. So, nothing personal JW, and good luck in whatever stocks you do pick up. V Hestheman
Honestly, this may be one of the better posts I've seen about why someone may want to consider KEYO. I still don't think it's happening, but it's refreshing to see the complete thought process and acknowledging that it is a speculative play. I know for myself I was tired of seeing people say so definitively that a RM was guaranteed to happen, and I assume others felt the same way.
Anyway, you should post this on the KEYO board and have someone sticky it. It does have some good info in it, and is far more informational than what is up there right now.
GLTY
Very well put. Thank you.
Well, the debate on reinstatement was with Popt because he has claimed "KEYO is not a shell company, it's dissolved". How can they reinstate a company that doesn't exist and other nonsense. The NV entity was the subsidiary of the company. There were at one time 8 different subs that merged into one wholly owned subsidiary Keyon Communications, Inc. The subsidiary was the main operating business (which is why I compared it to SPEA and SPLV. The DE entity is the Holding Company and was the last entity connected to the shell by name (of course the shell name would change upon reverse merger with new company and would have no legal ties to prior KEYO company). I am looking for Keyon Communications Holdings to reinstate although the sub may need to be reinstated as well if they go the reverse triangular merger route. The dissolution was done as a precaution in order to have no legal encumbrances/liabilities between the time of the 15-12G filing and reverse merger. That is my take on it. I agree that not all reinstatements are RMs. Most times I do not buy a shell upon reinstatement but rather upon a change in officers/directors of the company. That way I can DD names and get better idea of where the entire play might be headed. However, when I read that this shell was owned by a billionaire in the process of launching a conglomerate of biotech data companies, I bought more than I normally would on a dormant shell. All shell plays are speculative until DD proves us right or wrong. I like my chances.
We're not arguing that he can't reinstate it, we're arguing he's not going to. The companies were reinstated last year which kicked off the RM rumors. Then they filed for dissolution just like Tom said. Why would they go through dissolution just to go through all the paperwork you just mentioned again the very next year? It would have been far easier to not dissolve it. Also, are you referring to the NV entity that's dissolved or the DE entity that's dissolved? Les seems to be hooked on the NV one even though in your scenario it wouldn't even be needed...
I won't argue that reinstatements are a good way to identify RMs, the problem is that not all reinstatements are RMs.
I can "attack the DD" quite easily actually http://www.reversemergers101.com/reverse-merger-red-flags/ Reinstatement of an administratively dissolved corporate entity with the secretary of state where the public shell is domiciled; This article is mostly about shell hijackings but all of us on this board know that the shell owner can easily reinstate the corporate entity for reverse merger purposes. There are audits involved and catching up on delinquent SEC filings which shell stock players have seen happen a countless number of times. Then comes the change in officers/directors and name/symbol changes and a new company emerges. It's not that complex of a concept, really.
Lshawn, this is not worth your time....nor mine. I provided a link on what a 15-12G shell is. I showed how easily a shell can be reactivated for the purpose of reverse merger. The whole "KEYO is not a shell company" schtick is all his posts can say. It's old. Don't give it the time of day.
Can't attack the DD so you go after the person... not a good sign for your camp. :)
Sure seems odd...
Every single post of yours since March 2014 is on the KEYO board.
Because it's dissolved...
http://legal-dictionary.thefreedictionary.com/dissolution
"The dissolution of a corporation is the termination of its existence as a legal entity."
Dissolution at NV SOS...
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=z3AcJdFE8L9UKmaKreVn1A%253d%253d&nt7=0
To be fair... it was a company, but since it is dissolved it's no longer anything.
Popt: It's not my definition, it's the SEC's.
Tell us how Keyon Communhications Holdings, Inc.(NV) does NOT fit the LEGAL definition of "company".
http://legal-dictionary.thefreedictionary.com/company
lesn: Your definition of a shell company includes that it must be a company. Keyon Communications Holdings, Inc is not a company. It does not exist. It has been dissolved. No one owns any portion of KEYO.
You can check the registration of a company by searching the CIK. The CIK for KEYO is: 0001335294
Popt: You're not helping me or yourself and helping yourself is what I'm trying to assist with.
So let's start backwards, shall we, now that you seem to be getting stuck on another word. New day, another struggle w/ simple words.
What does "registered mean? And, try answering the questions I asked if you're thanking me for asking. Don't you think that might get you on the right track w/ your understanding of the basic concepts here?
Repeating the same incorrect line of thinking will get you nowhere.
Try again...
Popt: Show us where the SEC states that for an organization to be considered a "shell company" in the eyes of the law, said company needs to be either 1) reporting or 2) not dissolved...as you claim.
Show us.
Here's your reference point...th correct, official, LEGAL definition of "shell company"...
https://www.sec.gov/rules/final/33-8587.pdf
lesn: Glad to help:
Popt: Show us where the SEC states that for an organization to be considered a "shell company" in the eyes of the law, said company needs to be either 1) reporting or 2) not dissolved...as you claim.
Show us.
Here's your reference point...th correct, official, LEGAL definition of "shell company"...
https://www.sec.gov/rules/final/33-8587.pdf
Also interesting, Shiong has 10 times the net worth of Robert F.X. Sillerman (but Shiong needs that IPO money) right? LOL
hes: Interesting too where SPEA's launch point was .10/share.
Been steady climbing for over week now on low volume.
Where is KEYO at?
What's the next asking price for KEYO shares after ten cents?
Four bucks.
Never seen anything like that before. Have you?
What's it mean? Possibly that Dr.SS does own 80% of the shares and retail investors own the bulk of the remaining and they aren't selling for pennies on the dollar?
Time will tell if history repeats itself.
lns
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115360318 The SEC archives clearly refer to the sportspark as "the company". After the company dissolved, there were no business operations and the shells owners sought out reverse merger candidates. All of this is easily researchable. Much like Keyon Communications Inc was one wholly owned subsidiary of Keyon Communications Holdings Inc. The fact that the company dissolved means nothing for the shell. The shell still trades. It is dormant, but it "exists". The comments continually stating that it "doesn't exist" are quite ridiculous. Do you know how many shells have been reactivated and did a reverse merger? Answer: A lot why do you think THIS BOARD EXISTS! LOL WOW.
Popt: KEYO is not a shell. KEYO is not a company. You call it a scam and that's your opinion and you're entitled to it.
OPERATION SHELL EXPEL specifically goes after dormant companies they refer to as "shells".
Since KEYO doesn't fit that bill, that explains why it still trades and will always continue to trade as KEYO until it trades as something else.
KEYO WILL NEVER BE SUSPENDED
KEYO WILL BE HALTED (U3)
http://www.otcmarkets.com/stock/KEYO/quote
lesn: OPERATION SHELL EXPEL goes after shell companies that could be used in a reverse merger scam.
KEYO is not a shell company. It is not a company. It is a scam.
Popt: KEYO shares exist. If Dr.SS sold all of this ownership we would've seen it. The chart would show it.
But, instead, the chart shows that 10.3MM shares were traded last year out of the blue and it's plainly obvious that said person is still holding those shares.
Since there is no evidence that Dr.SS sold his controlling stake in KEYO there's no reason to assume he did. On the contrary, it's a more logical presumption that he still owns his 80% voting power which translates into 100% control where only one vote is needed to do anything...his.
KEYO trades.
I bought 10K shares of if on Friday. That raised the ask 10%. 10K shares, 10%. Then, the next MM on L2 after .10/share was sitting at $4.00/share.
If it's a scam then it's being perpetrated by the MM's because only they control the price action.
If KEYO the company no longer exists then it's going to be something else soon because otherwise it would've been suspended by now. No doubt.
There's no requirement that a company has to be dissolved for it to fall under the SEC's dragnet program, OPERATION SHELL EXPEL. The only requirement for a company to fall under that category is for the company to be "dormant" for less than a year.
What does "dormant" mean? If you figure that out you'll see that KEYO hsa been dormant now for three years yet the SEC still hasn't suspended this dormant shell company.
Oh, but that's right, it's not a shell. It's not a company. It doesn't exist.
So, going by that, KEYO will NEVER be suspended because OPERATION SHELL EXPEL specifically goes after dormant shell companies.
That's the only logical conclusion...
KEYO WILL NEVER BE SUSPENDED.
lns
Popt: C'mon, be real. 10K of the 11K shares traded yesterday were my purchases of KEYO, a "non reporting shell" company.
Stop w/ this nonsense already, will ya? People don't like to wade through crap posts when they come to these boards. They want meaningful conversation, exchange of ideas and FACTS.
Fact is that KEYO is non-reporting publicly trading shell company. The only information that can be found on it are its SEC filings and its status w/ the state they're incorporated in.
What more are you expecting to find?
The name of your mysterious shell company is right there in the link you provided...Keyon Communications Holdings, Inc.(DE).
If I'd like, I bet I could even request a paper certificate for one of my shares. Then, would it still not be real?
Please, don't even try to answer that rhetorical question.
lns
hes: And until he understands what a "shell" is and what a "company" is, you're right, he'll never get anywhere w/ his understanding of what's going on here and why it still trades and why it's not a scam and why it's not "dirty dirty".
The conversation hits a brick wall right there. There has to be a common foundation of understanding between two people on the subject they're discussing or it goes nowhere.
The conversation w/ him is going nowhere. It's going in circles. Until he can understand and comprehend what a non-reporting publicly trading shell company is, I can't much longer continue that nowhere discussion w/ him. It's a waste of time. He either can't "get it" or purposefully won't "get it", i.e., playing dumb. I'm not playing that game. Childish. Infantile. Pathetic.
Once a neanderthal understands what a "shell" is in the context of a shell company (no, don't eat it!:) and once neanderthal clearly understands what a "company" is, neanderthal cannot escape the simple, clear, elementary fact that what I bought shares in yesterday, KEYO, is a shell company.
And the co-hort going back over a year in posts to try to prove what?
We know what we own.
lns
hes: Why don't you simply show us the "non reporting shell" company?
You just Keyon Communications Holdings, Inc (KEYO) is not a company.
What is the name of this mysterious shell company?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115330403
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115329681http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115329681 You are showing the current status of the former operating company, not the non reporting shell. After all of the posts, you still cannot distinguish the difference. I'm done with the conversation because until you do some basic DD there is no where to go with this. Start with the IBOX above. Wow.
Popt: Break it down for us, "shell company"...
shell company
1) In that context, what does "shell" refer to?
2) What is a "company"?
Then, please explain to us how KEYO is not a shell company.
Be real clear about it.
lns
Popt: What is a company? lns eom
Popt: I'll tell ya what's thick. haha lns eom
hes:
Popt: That is the most ridiculous statement you've made yet and the funniest thing is you keep making it over and over on multiple boards! ROTFLMAO!!!
But, to stop the madness, OK...its not a shell. It's a stock that can be bought and sold of a dissolved formerly operating publicly trading company. Plain and simple.
And, I bought 10K more shares yesterday of whatever you say those KEYO shares represent and I'm holding them because I know that I'm holding shares which could someday not be KEYO shares any longer but shares of a private company that decided to go public via a reverse merger.
I'm taking a chance. Lots of people do. They're called 'reverse merger plays'. There are even boards on iHub dedicated to them. Oh, here we are on one.
Can you just leave it at that? Good enough for you?
You won? Is that what you want to hear? loL!
Time will tell who has the last laugh on this one.
I'm patient.
lns
lesn: KEYO is not a shell company because it is not a company.
Is that not clear?
LOL! Keyon Communications is no longer a company. Keyon Communications was dissolved. None of us have disputed that. KEYO is now a publically traded shell company. Why do you think they call it a shell? Because the company is actively selling sea shells? ROFLMAO
Popt: They are not unclear. They made a simple mistake in typing which you took the opportunity to blow out of proportion as expected trying to make something out of nothing.
We all know that KEYO and its NV sub are dissolved. We all know they were VOLUNTARILY dissolved last year by Dr.SS's right-hand man at the time, Tom. W.
We all know it's just some simple paperwork for one of Dr.SS's lawyers to reinstate KEYO if need be. They have two more years to do so.
What's your point here?
KEYO is a shell which is simply the empty corporate STRUCTURE of a formerly operating company. That's it. No more. No less. It's not complicated like you're making it out to be. In fact it's quite the opposite. Simple. Elementary.
Wanna bet? loL!
You understand now that KEYO is a publicly trading shell that Dr.SS told the SEC he has plans for, hence it still trades.
Do I have PROOF they contacted him already and asked him? No. But oh, let's get ourselves all scared and think that in the next 6-8 months the SEC is going to swoop in and suspend its trading.
A shell can be used for a tax-free reverse triangular merger which KEYO and its sub in NV fit the perfect bill for.
"dirty dirty"...what a joke.
You're spending a lot of time on this the past week. Why?
What's the real scam going on here?
lns
hes: Yes, a shell company is a company. KEYO is not a company. A reverse merger scheme needs a shell company.
That article is probably the easiest to understand summary on reverse mergers I could post without drawing pictures....
Popt http://venturevest.com/shellsreversemerger.html A "shell" is a company that is already public but has no operating business at the present time. Try reading the whole article so at least your posts will contain some basic understandings of shells and reverse mergers.
lesn:
Popt: Below is my whole email correspondence w/ Tom W. If you still don't believe me, reply w/ your email address and I'll forward it to you.
From the bottom up...
BTW, "Larry" mentioned is the same RS Development that wilma's trying to pull back into the conversation.
----------------------------------------------------
Sxxxx Mxxxxxxx
6/06/14
[Keep this message at the top of your inbox]
To: Tom Wittenschlaeger
Hi Tom,
Your willingness to answer my questions post your role as transition executive of is very much appreciated.
Thank you for taking the time and I wish you continued success in helping to bring Dr. Soon-Shiong's vision to reality.
All the Best,
Sxxxx
From: TWittenschlaeger@nantworks.com
To: sxxxxxxxx@xxxxxxx.com
Subject: Re: verification of email correspondence requested
Date: Fri, 6 Jun 2014 03:08:14 +0000
No.
I concluded my role as transition executive more than a year ago. The public notices we have provided to all are more than clear.
Regards,
Tom
On Jun 5, 2014, at 5:23 PM, Sxxxx Mxxxxxxx <sxxxxxxxx@xxxxxxx.com> wrote:
Hello Mr. Wittenschlaeger,
Will you be able to, or are you at liberty to provide any further information to my inquiry below?
Thank You,
Sxxxx Mxxxxxxx
From: sxxxxxxx@xxxxxxx.com
To: twittenschlaeger@nantworks.com
Subject: RE: verification of email correspondence requested
Date: Wed, 4 Jun 2014 17:29:47 -0600
Tom,
If you don't mind me asking, if this has been available for some time (I see the date it states, "Effective the 30th of September 2012") and if your stating it also pertains to the publicly traded parent company, KeyOn Communications HOLDINGS, Inc. (DE - KEYO stock symbol), then why has the symbol not been dellisted and deregistered and able to be traded on the market today?
And, for that specific entity, would it be expected to see it's status change from, "Status: GOOD STANDING Status Date: 03/26/2014", to something else?
That was one day before the NV entity posted it's reinstatement w/ NV. Just a bit odd, on the surface, looking from the outside>in. It appears that KeyOn Communications HOLDINGS, Inc. (DE - KEYO stock symbol) had always been in good standing w/ the DE State SoS that's why the question...
Is that expected to change?
Your replies are very much appreciated and I appreciate your patience w/ my clarification questions.
Sincerely,
Sxxxx
From: TWittenschlaeger@nantworks.com
To: sxxxxxxxx@xxxxxxx.com
Subject: Re: verification of email correspondence requested
Date: Wed, 4 Jun 2014 22:32:35 +0000
The notice, which has been publicly available for some time, applies to all entities. Las Vegas, NV was referenced because it was the Company's headquarters location.
On Jun 4, 2014, at 3:29 PM, Sxxxx Mxxxxxxx <sxxxxxxxx@xxxxxxx.com> wrote:
Hi Tom,
I very much appreciate your taking the time to reply to my request and providing that. Sorry if I didn't make clear in my original email but Larry was specifically referring to the KeyOn Communications HOLDINGS, Inc. (DE), not the Nevada entity you're referring to below.
Per Larry, your answer to him regarding entity was this:
It always takes a while, in my experience, for the records to be updated. As was indicated in the update, the dissolution has been filed and accepted. The company has permanently halted operations. I would expect the records to so indicate sometime this month, when the administrative routing process within the secretary of state's office concludes.
Can you confirm or deny that the above statement refers to the publicly traded (KEYO) Keyon Communications Holdings, Inc. (DE)?
Thank you very much for your time and patience fielding my questions.
Best Regards,
Sxxxx Mxxxxxxx
From: TWittenschlaeger@nantworks.com
To: sxxxxxxxx@outlook.com
Subject: Re: verification of email correspondence requested
Date: Wed, 4 Jun 2014 20:53:10 +0000
Attached please find a public notice which has been repeatedly provided... there are not, nor ever have been any changes to this correspondence.
Notice of Cessation of Operations
As a professional courtesy, this document provides formal notice that Keyon Communications, Inc. has ceased operations. The Company sold the entirety of its assets, distributed the proceeds as stipulated for organizations in the “zone of insolvency,” and shut its doors. Effective the 30th of September 2012, all Keyon employees have left the company, its facilities have been vacated, officers have resigned and operations permanently halted. The corporation is formally dissolved.
Kindly update your records to reflect this change. Any open accounts with Keyon Communications, Las Vegas, NV should be closed.
Questions related to Keyon’s former Broadband Operations may be addressed to
JAB Wireless
400 Inverness Parkway, Suite 330
Englewood, Colorado 80112
Phone – (303) 705-6522
Fax – (303) 705-6523
Questions related to Keyon’s former VoIP Operations (Keyon CommX LLC) may be addressed to
AMP Networks
57 West 38th Street
New York, NY 10018
Phone - (212) 944-6720
Fax - (212) 944-6736
Regards,
Tom
On Jun 4, 2014, at 7:34 AM, Sxxxxx Mxxxxxxxx <sxxxxxxxx@xxxxxxx.com> wrote:
Hello Mr. Wittenschlaeger,
Sorry to bother and I'm not enjoying doing so for I know you are a very busy man and don't need to field countless emails from unknown investors or potential investors in your public ventures. But, it appears that somebody on a public stock message board has shared an apparent email conversation between you and him regarding the legal status of KeyOn Communications, Inc. (NV) and KeyOn Communications Holdings, Inc. (DE) - stock symbol, KEYO.
In that exchange, even though KeyOn Communications Holdings, Inc. (DE) - stock symbol, KEYO, is currently showing publicly(through the Delaware State SoS) its status as: GOOD STANDING Status Date: 03/26/2014- this person posted (re-typed or cut-n-pasted, apparently) a supposed email exchange between the two of you where you point blank share w/ him the following contradiction to what is available publicly:
Larry,
It always takes a while, in my experience, for the records to be updated. As was indicated in the update, the dissolution has been filed and accepted. The company has permanently halted operations. I would expect the records to so indicate sometime this month, when the administrative routing process within the secretary of state's office concludes.
Regards,
Tom
Privileged And Confidential Communication.
This electronic transmission, and any documents attached hereto, (a) are protected by the Electronic Communications Privacy Act (18 USC §§ 2510-2521), (b) may contain confidential and/or legally privileged information, and (c) are for the sole use of the intended recipient named above. If you have received this electronic message in error, please notify the sender and delete the electronic message. Any disclosure, copying, distribution, or use of the contents of the information received in error is strictly prohibited.
I'm sure you can understand my concern here. But, just to be clear, my concern is that this information which we're being led to believe is actual correspondence between you and "Larry", contains ILLEGAL, INSIDER INFORMATION, if indeed the correspondence is factual (meaning, it actually took place), because a filing of dissolution of KeyOn Communications Holdings, Inc. (DE) - stock symbol, KEYO has not been formally and PUBLICLY posted yet.
Question: Can you please verify if the above correspondence is a hoax or did you actually email that information to this person, "Larry"? The above reply of yours to "Larry" supposedly took place just yesterday.
I very much look forward to reading your response and I Thank You for taking the time.
Best Regards,
Sxxxxx Mxxxxxxx
CONFIDENTIALITY NOTICE
This e-mail message and any attachments are only for the use of the intended recipient and may contain information that is privileged, confidential or exempt from disclosure under applicable law. If you are not the intended recipient, any disclosure, distribution or other use of this e-mail message or attachments is prohibited. If you have received this e-mail message in error, please delete and notify the sender immediately. Thank you.
___COTE___Everybody needs to read this.
Coates International, Ltd. Has Been Contacted by Certain People, Entities and Institutions to Explain How the Company Can Claim That the Coates CSRV Patented Internal Combustion Engine Is the Most Advanced in the World
http://finance.yahoo.com/news/coates-international-ltd-contacted-certain-162256015.html
Popt: Don't question if it's real or not. Just contact him. He'll tell you himself. He's not averse to answering KEYO shareholder questions. I know myself and a few others that have, no problem.
RS Development, who wilma reached back to a post of his over a year ago, was one. He was actually the one who PM'd me, gave me conflicting info that prompted me to contact Tom W. myself.
Just do it and stop publicly questioning it.
"not saying it's fake but it's questionable"
Get your own answer then from him if you don't believe it.
lns
hes: The irony is thick. Here is the glaring clue: a shell company has to be a real company. KEYO has been dissolved in its entirety. Soon-Shiong was paid off and is long gone. This is the worst possible reverse merger scheme because it is being run without a shell company.
RDY: Yep, really. Keyon is the classic reverse merger fraud except without an actual shell company. Very creative stuff.
lesn: It was the image where you circled some dates and asked me to comment. What company is that? It is not KEYO.
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