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Re: SPORTYNORTY post# 15535

Sunday, 07/22/2018 7:28:12 PM

Sunday, July 22, 2018 7:28:12 PM

Post# of 26891
It is important to note that Joe Arcaro merely finds these defunct/abandoned shells, cleans them up and sells them to other interested parties. Much like a house or car that is sold, once the transaction is consummated, whatever the buyer does with the purchase is upon them and outside the control of the seller, (in this case Joseph Arcaro). Once the shell is sold, Arcaro has no more control/involvement in the corporate governance of the company and thus is not responsible for what happens next. That is why the SEC and FINRA have not halted his other mergers.