New management? The CFO (chief financial officer in case you didn't know) does not qualify as new management simply because the founder, CEO, president, and holder of all patents for the company go to jail and he simply inherits these roles as there is no one else to give them to.
But again since you feel that qualifies as new management with a paper company I sincerely wish you the best of luck... hopefully by the end of 2020, as that's the longest I've seen some sit stale, someone may buy it for a reverse merger of the registration is kept updated.
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