Friday, May 29, 2020 3:10:53 PM
First you would need a "they". Because currently MNZO is a zombie stock. It has no management running it. WY lists a Arthur Douglas Smitherman, who once claimed on this forum he was once Sec-Treasurer under Kenny. As long as he tosses WY $50 per yr, it stays registered in WY.
Kenny Manzio was run out of the market in 2016 as part of an agreement with the SEC. Then for a short time Morfesis a Real Estate agent in Florida was going to make it into an online vitamin company. That lasted only a few months. Finally in comes Ritch, a self described hedge fund manager who was going to make MNZO into a holding company, pumping in hundreds of $Ms. The SEC
Litigated against him
Someone in management (Smitherman?) would have to convince a MM, that all was suddenly in order. So that a MM could vouch for the future behavior of the company by sponsoring a 211. A MM that vouches for such a company can be held accountable by FINRA for the company's future actions. How do you do that? How to convince the MM to take on the risk of sponsoring a 211? Answer: File a Form 10 to register the stock. Given the jumbled history mess of this scam, that would be an interesting exercise. Neither is it likely a MM would bite.
Until you see a Form 10 filed, there will be no 211. And the likely-hood of a Form 10 is nill.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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