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Re: lucky, mydog post# 113906

Sunday, 09/06/2020 1:55:48 PM

Sunday, September 06, 2020 1:55:48 PM

Post# of 115080
He filed Form 15 after the failed Reg-A offering. That’s the biggest mistake he made. He knew COHO was a dirty shell when he purchased it, yet still tried to game the system. Adding two convicted financial criminals to the equation only made things worse.

At least he has a chance to start over with a clean slate, although I highly doubt that he’s going to spend money to go public again. New management might make the effort if they really want to dump that $90 million worth of bad debt, but their reputation is now tainted by recent events. SEC will make it extremely difficult for them to move forward here. They’re better off finding a clean shell altogether.

$COHO

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