To answer your questions one at a time:
1- it is already been stated that the company is on the brink of bankruptsy
2- they're not trading on a higher exchange yet because they are in jeopardy of becoming delisted because of their refusal to answer SEC questions and file the 10K.
3- like any Scam company would, they want to ensure they make money at shareholder expence.
The questions you asked are right to the point to be honest. What like scam companyies are supposed to automatically be on NYSE, have 10 year loss contracts, etc.. This is penny land and where every other scam company has built their legacy from.
This is just my opinion.. Make sure you do your own DD.
Cargoman
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