Wednesday, April 25, 2018 11:11:06 PM
But suspension of duty to report just means that there won’t be any filings any time soon....or ever.
RM short for Reverse Merger. Look up what that is and read about it. Reverse Mergers produce amazing plays. CYPE, GNIN, RARS, LRDR, WSML, MGON to name a few. Look at those charts. WSML company has been officially merged in. The others haven’t completed yet.
As for legal responsibility to the shareholders....this is the OTC. The scum at the bottom of the markets. Anything can and does happen down here....all sorts of schemes to F over traders and shareholders. “Companies” get away with all sorts of shady shit all the time. Always be wary of that down here in the OTC.
And yeah, this company is definitely dead. Nothing going on, nothing going to be going on.
From what I can tell, it will eventually be classified as a shell and depending on how clean the shell is (i.e. how much debt it has, the share structure) it could be used by somebody for a reverse merger.
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