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Re: Milesblue42 post# 120315

Monday, 06/20/2016 3:59:24 PM

Monday, June 20, 2016 3:59:24 PM

Post# of 160012
Filing SEC docs when you are a fully reporting company is really expensive. I would guess there was no money to do this so they could not do it. What is cool is that by doing the form 15 that the new guy did he can file with the alternative system which only cost 4k a year.

This is a total win. He can get caught up without all the costs and it doubled the holding period for any conversions.

Now if he just has a real company to put in here we have a chance.