lesn: CCRA did not register a reverse merger. CCRA already owned Nates so CCRA could not be a shell company. It would be a little like saying Nantworks is a shell company. Nate's, a division of CCRA, bought back Nate's by issuing preferred shares to CCRA.
Nate’s Pancakes was acquired through the issuance of 148,155 Series B Preferred Stock.
Nates was the registrant, not CCRA. Your proposal would be like Nanthealth do a 'reverse merger' with Nantworks in order to get rid of Nantworks and their management. However, there is absolutely no similarity between these company and Keyon or Nantworks: -Neither CCRA or Nates was previously dissolved. -Keyon doesn't own Nantworks. -Nantworks is not trying to distance itself from Keyon. -Nantworks will not be giving Keyon shares to go away. -Nantworks will not be trying to get out from under Keyon's management and ownership. -Keyon is not trading. -CCRA and Nates did not do a RTM. The one similarity with the Keyon RTM, Nates is a scam.
A whole week of new fallacies we should catalog in a new Scam Wrapup Friday!
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw