Thursday, May 07, 2020 6:45:39 PM
OTC Markets lists Joe Garcia as the CEO. I presume when he sold the company to Wisconsin Cheese that knew this ticker existed — but maybe not.
https://www.otcmarkets.com/stock/RYNL/profile
OTCM says the company is not a shell, but OTCM can be wrong about a lot of things — especially when a company has been sold several times.
Thing is, it seems to me, they really need to do something about this situation. The company brand is right here. Plus they must own the old domain because it forwards to their website:
http://www.rmfood.com/
It seems to me they should want to either put this shell to good use (wouldn't that be our dream scenario? R/M their whole private equity firm and all their holdings) or buyout all the shareholders and take the thing private (make it disappear the right way).
If they try to just sieze control of OTCM and wipe everything out they would ruin our value and open up a whole new can of worms — legally speaking.
I honestly bought shares in this stock in large part because of the information listed at otcmarkets.com. I'm sure others did too.
I bet they are saying: "WHAT THE HELL?" at Wisconsin Cheese right this very moment.
Interesting situation to be sure.
GodBless-NoDoubt
creede
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM