Tuesday, November 27, 2018 7:30:04 PM
Let's kick the can a little and see what comes out, shall we? So if HDIH and TRKG are still legally separate entities, how can HDIH do anything with TRKG's financials? The answer is simple to state but much more difficult to understand. The company HDIH would have to enter into an agreement or "pre-purchase arrangement". This would lay out all of the details about both companies' structures, financials, etc. This would have to be submitted to, and approved, by FINRA before a ticker or "name" change can be effectuated. There are no ways around this, this is also why HDIH has contact information registered with FINRA. FINRA is no "punk", so to speak and they take these matters very seriously.
If the company wanted to be involved in so-called "shady" deals and dupe investors out of their hard earned money, this is NOT the way to go about it. Think about it... they have no access to shares, as a company, to dilute into the market to raise capital. There are also fees associated with anything FINRA or SEC related, especially when it comes to audited financials. So if the company can't dilute shares and they can't offer registered shares to investors to raise capital, where's the room for scamming or skimming funds from investors with NO SHARES to give out?
The only light at the end of the tunnel for HDIH is through Registration with the SEC, PERIOD! Shareholders have absorbed the VAST MAJORITY, if not all, of any available shares. Hell, even the MM's are having to resort to "bid scalping" to even attempt to get shares. There is a point of no return for shell companies where they have a choice to make. This choice is spelled out very clearly with SEC rule 144/144(i). This is also in the iBox.
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