DD Support Board and Research Team

[Ferda]

LDSR filed a form 10-12G on Friday. If the SEC doesnt respond in 60 days does that make the automatically qualified?

Additionally... could this be the true reason for filing? LDSR has a lot of unpaid stock based compensations.

"if a non-reporting entity ever was a shell company, even ten years ago, one of the only ways its shareholders can avail themselves of Rule 144 is for that company to file a Form 10 registration statement and thereafter remain current in their Exchange Act reporting requirements."

Unless I'm misinterpreting that interpretation... it just sounds nefarious.