Wednesday, September 23, 2020 10:46:34 AM
What we can see is that SFIN is indeed an active corp from the work that Ben Berry has done (taxes paid, 2012 annual report filed to bring active, change of control to Alan, etc.), however Delaware has not processed a current annual report yet.
The “franchise tax” is something Delaware shows due for every year of an entity’s incorporation, but most of it is due to late fees and not being current. So when there is an annual report on file for the most recently completed year, the amount owed is actually much, much less than what these show. Makes it look like crazy amounts are owed if you do not have experience with these matters.
For whatever reason, it sounds like lawyers are still finalizing details for SFIN to file in the states, I would imagine there are quite a few differences in biz law between UK and the US. My understanding is that you don’t necessarily have to be current with a state’s SOS in order to gain access to OTCM, you just need to prove you have control. But I could def be wrong on that, would have to look up some other entities to know for sure.
SFIN vs. AVSR
https://i.ibb.co/G57jV1j/8-C59-A94-B-395-D-4605-8215-C4102-C5-F27-D9.jpg
And now for STHC
https://i.ibb.co/yB0zLQK/1-B6-A220-A-0901-4-D6-F-8-C78-7-A5-BF5-BDAFB4.jpg
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