Actually, the way for CEGX to do it... Is for the new guy, if he is for real and legit, to file an 8-K informing investors and the public that the previous filings cannot be relied upon as they are misleading, fraudulent and incomplete. That they need to be corrected and re-filed. Then soon after, say 3-4 months, actually file them along with all the delinquent filings. That non-reliance 8-K should have of course already been filed long ago. CEGX needs to take responsibility and clear up all the past crimes. This would be the only way CEGX would get the blessing of the SEC and allow them to move forward.
Unfortunately, most often the new guy's job is nothing but to keep stalling and help keep the torches and pitchforks at bay.
CEGX is currently at a high risk of an SEC suspension for delinquent fillings that would relegate it to the Grey Market till revoked. Though, I and I'm sure many others would much prefer a suspension for fraud, an SEC civil suit and criminal charges to boot. Criminal charges is in most cases the only thing that stops these guys, at least for a while.
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I expose stock scams to gain knowledge about investigating the stock market players and for the entertainment it invariably generates. I've received NO compensation in any form for such, except for a few thank yous...
