Tuesday, February 13, 2018 5:10:03 PM
Shells and public stock symbols behind them can't just get "shut down" by FINRA just because there is no operating entity behind it. It takes the shell losing its MM sponsor to willingly do the job/task of making a market for it for FINRA to "shut it down". It happened that way w/ KEY*, Dr.SS's shell before NH IPO'd. The float for it was all bought up, no more shares to trade because literally nobody was selling and the sponsoring MM pulled their sponsorship due to lack of a product (shares/float) inventory to sell. Their store shelves were empty and they couldn't get any new product so they closed up shop. Not unlike any other business in the world.
In this case, closing up shop consisted of deciding to not make a market for KEY* because there were no more shares left in the float w/ which to make a market with, soooooooo...they simply pulled their sponsorship of KEY* w/ FINRA and only then FINRA shut it down.
So, others can put 2 and 2 together and in combination w/ seeing what's happening w/ another stock, TVO*, which is in a VERY similar situation NOW, and guess what? It's now verified that TVO* IS going to be a fully reporting and operating entity again after it TERMINATED its share registrations w/ the SEC, too, a few years ago.
And we were all told this CAN'T happen. How wrong that notion has always been and how spot on our facts have always been that YES...IF WANTED, NEOM can again someday become SOME/ANY/WHOCARES/DOESN'TMATTER fully reporting and operating entity again.
And, yes...NEOM can do the same as TVO* is doing NOW and come back leaner, meaner, FULLY OPERATING, FULLY REPORTING and PUBLICLY TRADING again still as NEOM/NeoMedia Technologies, Inc. but w/ a much improved business plan, forecast and share structure to begin their public rebirth.
lns
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