Fake Press Release Forum

[janice shell]

Here's something puzzling...

Yesterday, GreyStone Digital Technology, Inc (GSTN) was reinstated to the OTC:



See the Daily list for 25 October.

So what's up with that? GSTN was suspended back in May 2012, on the day the SEC halted 379 OTC companies:

https://www.sec.gov/litigation/suspensions/2012/34-66980.pdf

Since then, there's been NO information about it. It is or was a Delaware company formed in 1988. The Delaware SOS being what it is, I don't know what its current status is.

It was once an SEC registrant, but it's made NO disclosure of any kind anywhere since it filed a Form 15 in March 2003. It seems never to have had any contact with OTC Markets.

https://www.otcmarkets.com/stock/GSTN/disclosure

Might this be a new form of hijacking? Why would a company that seems to have been dead for 15 years suddenly have an MM file a Form 211?

According to the introduction to the IHub GSTN board, the company closed operations in August 2002.

https://investorshub.advfn.com/Greystone-Digital-Technology-Inc-GSTN-19330/

And if that's not enough, there's also a Greystone Digital Technology, Inc In Nevada. It was formed there in 2011:

https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=3CCf2moRp9h9PZARv%252bGotw%253d%253d&nt7=0

Its corporate charter was revoked in 2016 or 2017.

Presumably someone got an MM to file a Form 211 recently, and FINRA approved it. So far, there's been no announcement from the company. So what's going on?