Circle Entertainment Inc (CEXE)

[pappa10]

So Pro brings up the main question.After the Iproxy ON Oct 2015. Why does this stock even trade.Here is a small sample of the proxy.

Quotation and Trading of the Common Stock
If our stockholders approve our dissolution, we intend to close our stock transfer books and cease the quotation of our
shares of common stock on the OTC Pink Sheets on the Final Record Date. We will cease recording stock transfers and issuing
stock certificates (other than replacement certificates) at such time. Accordingly, it is expected that trading in the shares of our
common stock will cease after the Final Record Date. It is possible that the quotation of our common stock on the OTC Pink
Sheets will effectively terminate before then if we are unable to meet the requirements for continued quotation thereon.
After our common stock is no longer quoted on the Pink Sheets and our transfer books have been closed, generally
our stockholders will not be able to transfer their shares.
Final Record Date
The Final Record Date will be the date upon which we file the Certificate of Dissolution with the Delaware Secretary
of State. We intend to close our stock transfer books and discontinue recording transfers of shares of our capital stock on the
Final Record Date, and thereafter certificates representing shares of our capital stock will not be assignable or transferable on
our books except by will, intestate succession or operation of law. After the Final Record Date, we will not issue any new
stock certificates, other than replacement certificates. It is anticipated that no further trading of our shares of common stock
will occur after the Final Record Date. See “—Summary of the Dissolution and Liquidation Process—Quotation and Trading
of the Common Stock.”


Here is the Entire Proxy

https://www.iproxydirect.com/uploads/cexe/cexe_proxy_statement.pdf