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Maybe OCR can answer this one. I

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PhillipD   Friday, 04/12/19 03:48:00 PM
Re: Richard2 post# 11455
Post # of 11506 
Maybe OCR can answer this one. I thought when he was moderator that he posted to the ibox that pink sheets don't need to file. After 20 years of not making money I can see a rationale for not spending more money on filling just to repeatedly say that you're still broke.

My wild guess is that the company intended at one time to raise capital though stock offerings and eventually realized that they couldn't issue enough shares at a penny each to fund much of anything. If my guess is true, when they came to that realization, being publicly traded probably became more of a nuisance than anything.

Phillip

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