I am not saying that at all.
I am not a legal expert I am just posting what I found when I researched.
The fact is it is very difficult to get re-listed once revoked though. The 10 day window is not enough time to get filings current and most excuses are not accepted. It is possible there are things we do not know, I do not know etc...
From what I read the SEC recommended scenario is if you cannot get anything done in the 10 days they give to let the revocation happen, then get 2 years audited statements done and a market maker to pick up the stock and get accepted by FINRA. Those things take time but no one said 2 years. Statements might take 2-3 months, but you need the money to do it. Money comes November maybe Haiti? Then maybe India after that (per white paper).
When I came to the board and said we should just raise the money for the filings and India finish ourselves it was probably the right answer. Could have easily raised that. The post was something like can we sell a billion shares ...
But didnt get anyone on the same page right away. But the plan I posted to my blog was run by key people including Dan, the securities attorneys and clients of mine and it was ok with everyone and then this happened which makes everything harder. Most of all RSH loved it, and he hates everything ;) LOL (sorry Robert j/k)
The focus here should have been on the filings. But a year ago Dan would have raised 50 million like nothing but crypto crashed, just did not pivot quick enough. Another energy crypto raised 150 million.
When this goes grey market Ill try to do some buying to see where we are.. (if anywhere)
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
