Zuki Inc (ZUKI)

[space1230]

Oh sure there was a reason. The beauty of the form 15 in this case was so Loflin could be assured that the sec would not suspend LUSI for grossly delinquent filings before he maxed it out and then tossed it to the corner or the curb. Now all he has to do is reinstate it, wait for shareholders to buy in excitement and then he can raise the authorized and dump more shares on them. Then after that, he can just do a r/s and start all over again or perhaps finally sell the shell to someone who will use it for more than a dilution scam.

Have you ever seen an update in LUSI? Stock promoter Loflin won't even pay to keep it administratively active

There was no reason to file the 15 if the plan was to max the AS and walk away forever. I'm quite sure you understand that the 15 alleviates certain obligations and, historically, what happens to 15 filing shells near term after said form is filed