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Re: Huggy Bear post# 10394

Monday, 08/29/2016 3:10:05 PM

Monday, August 29, 2016 3:10:05 PM

Post# of 108319
***UPDATED*** Malc Stone POST #10394

Why did they use a hijacked shell that's now gone dark when in order to garner PIPE investment or even toxic financing they will have to become a SEC filer again?

Reinstatement is twice as difficult as starting fresh. Does Tracy really intend to file a S-1 for TRON while being investigated for other S-1's filed?

Something is rotten in Denmark.



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Do you have a reference or link in regards to Tracy's investigation on S-1 filings? If so that would be great.

Regardless, if reinstatement is harder and that is the route they decided to go, then that's TRON decision. They are allowed to do so.

Also, I doubt it's toxic financing. Although, I did say speculation is allowed, so I'll let "Toxic Financing" be speculated.

As stated in my post #10302, they are required to file a "FORM 10" 4 days after completing the merger:


"The SEC requires that a public company file Form 10 type information on the private entity within four days of completing the reverse merger transaction (a super 8-K)."



Also, PIPE financing can be done either during or immediately afterwards.

...most private entities complete a capital-raising transaction (such as a PIPE) simultaneously with or immediately following the reverse merger...



If I am correct, a FORM 10 should alleviate all issues?