Friday, March 15, 2019 2:30:15 PM
That's right. They didn't but now they do, according to the documentation that I've seen, none of which will satisfy Greenshift's legal obligation to file an 8-K with the SEC.
No corporation can take any executive action, including the ability to transfer shares, after it loses the legal ability to conduct business in any state.
This situation is similar to someone's ownership of a house and a car. As long as he's alive, a man can own both of them, but under American law, once that man dies, the legal ownership of the house and the car automatically goes to the dead man's "estate", which is run by an Executor for the benefit of his beneficiaries until the will(s) and trust(s) are probated.
Bitzio's corporate life has ended. Viridis has somehow been given the ownership of some valuable property, 80% of Greenshift. The Greenshift Corporation will either document this, in an 8-K, filed with the SEC by the end of this year, or I will file my third SEC complaint against the Greenshift Corporation.
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