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Re: Huggy Bear post# 11022

Monday, 09/26/2016 11:00:50 PM

Monday, September 26, 2016 11:00:50 PM

Post# of 108319

That does not matter. Shells that are SEC registrants are subject to a 12G revocation for failure to file.

That is why Tracy filed Form 15, to avoid being revoked for failure to file. The bonus is now they can be as non transparent as they choose.



If the company (the "old" TRON) was no longer operating, there wouldn't be a way for filings to be submitted.

Assuming Tracey filed to avoid TRON being revoked: Since it was decided that TRON would undergo an APO/Merger, Tracey probably needed to file a Form 15 so TRON could continue with the APO/Merger without being revoked. Once the merger is completed, TRON/iMedscan can become a SEC registrant once again.

Or

Since iMedscan will become a newly owned subsidiary, TRON would have needed to file a Form 15 since TRON would no longer just be filing for itself. The company would now have to file for iMedscan as well post merger (depending who/what the surviving entity is).

The example I provided was GOOGLE INC merging with Alphabet in 2015, with GOOGLE filing a Form 15 prior to the merger.

https://www.sec.gov/Archives/edgar/data/1288776/000119312516419941/d106940d1515d.htm

Regardless, a Form 10 is required within 4 days after the completion of the APO.

Why would other companies file a Form 15 prior to a merger? Why can't TRON do the same?

We will see what TRON has in store in the very near future.


TRON. Moving Forward ----->