The whole yogurt thing doesn't apply to this ticker. All those names like Merrymand in the filings are from the past. U-Swirl is owned by Rocky Mountain Chocolate Factory (RMCF). They bought SWRL, but the shareholders got nothing. It wasn't a normal buy.
Straight from the SEC filings from the past:
https://www.sec.gov/Archives/edgar/data/1616262/000143774916035217/rmcfd20160531_10q.htm
SWRL was unable to repay the obligations under the SWRL Loan Agreement, and as a result, the Company foreclosed on all of the outstanding stock of U-Swirl International, Inc. as of February 29, 2016 in full satisfaction of the amounts owed under the SWRL Loan Agreement. This resulted in U-Swirl International, Inc. becoming a wholly-owned subsidiary of the Company as of February 29, 2016 and concurrently the Company ceased to have financial control of SWRL as of February 29, 2016. As of February 29, 2016, SWRL had no operating assets. During FY 2016, SWRL acquired the franchise rights of “Let’s Yo!”.
So in short, RMCF scooped up SWRL and the shareholders of SWRL got nothing. They got royally screwed. Some with conspiracy theories as a coping mechanism if you read posts here from those dasys. Not a normal way of taking over, but SWRL was in violation of its loan covenants from what started out as a partnership with RMCF. So, there seems to be a lot of confusion out there. This shell is not in any related to U-Swirl at all in any way whatsoever. It's simply an empty shell. LIke an abandoned ghost town with the former signs still up. But no validity to the signs. All its residents and yogurt were kidnapped and/or confiscated. Nothing but a shadow of its former self left behind.
As of a few months ago, somebody renewed a certification for this shell with the NVSOS. I don't know who that person(s) is. The officers listed are still officers from RMCF from the past. It's like an illusion. This would go through a ticker symbol change most likely if someone is trying to use this as a reverse merger. And it may take weeks or months or years. It depends. Some people know what they are doing. Others, especially a certain woman from China, have no clue. :) The filing with the NVSOS is the only breadcrumb of evidence I have which implies to me that someone is interested in this ticker on some level. Some plan, it would seem to me. But who, what, when, why, and where? I don't knowl...
I just don't know what's up with the sudden surge in buying. Who is buyign and why? And did I make a mistake selling? I hate the unknowns. But I don't want anyone under the illusion that this is in any way connected dto the old yogurt company U-Swirl in any form or fashion. That company is struggling, still around, but 100% owned by RMCF (Rocky Nountain Chocoate Factory)
News 
Market Data 
Discover 
AI
