If Billy does nothing eventually the company is suspended and then the ticker revoked and we're now part of a private company.
It doesn't make the lawsuit go away but perhaps makes it easier for Carter to settle with us and lowball us.. (one possible scenario)
Not saying this would be the case..I am hopeful we'd get a reasonable offer between .50-2.00 depending on the negotiations going on with the 13 mso's which we're not privy to.
That's if there are no efforts made to rectify this situation.
If there is a willingness to become current the company would be required to file from the time they've been delinquent until the latest period...
Companies are often suspended and given up to 2 years to become current in their fillings...but they then have to reapply for re-registration again and need a market maker to support this..
Our filings would not be that complicated as not much has happened over the last few years...
Anyhow..we will all see where this goes within 10 trading days and then we'll know if this really was done on purpose or was an oversight....
I say this was intentional.
There are too many great minds attached to this ticker for this kind of bs to just happen..IMO.
Whoever is careless with the truth in small matters cannot be trusted with important matters. – Albert Einstein
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