Monday, June 18, 2018 10:02:29 AM
I´m not sure if they plan to file or if there is maybe another plan. This is not a question of if they want to file. They have problems which were also discussed with the sec.
Three years ago TXIC filed this:
https://backend.otcmarkets.com/otcapi/company/sec-filings/10592128/content/html
Tongxin International (PINKSHEETS:TXIC), today announced that its Board of Directors is exploring a full range of strategic alternatives for the Company to enhance value for stockholders, including, but not limited to, strategic investment, strategic joint ventures, sale of the Company, privatization, and returning capital to investors.
No timetable has been set for the Company's process. TXIC does not expect to comment further or update the market with any additional information on the process unless and until its Board of Directors has approved a specific transaction or otherwise deems disclosure appropriate or necessary. There is no assurance that this strategic alternatives review will result in TXIC changing its current business plan, pursuing a particular transaction or completing any such transaction.
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