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Re: Carsmax177 post# 43265

Monday, 11/14/2016 9:07:44 PM

Monday, November 14, 2016 9:07:44 PM

Post# of 44483
Has nothing to do with being compliant. That just explains why a deal hasn't materialized yet.

A company must be compliant whether you are making money, closing deals, or not.

If you do not plan on being SEC compliant, at least file a 15d to delist, and become an alternate filer.

In addition, he may not be familiar with it because of the Canada thing and all, but here in America, operating a public company without a license is a crime.

An entity will stay in a default status for a year before going into a revoked status. An entity shouldn’t be doing buisness without a valid state business license, being in a default status means they do not have a current license.

Straight from Nevada SOS.


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