IAHL Corporation (IAHL)

[johncee]

Jean1057, I think you are wrong, since the shell company is in compliance, all they need to do is convert the past paper filings to electronic format. Example, when ssty which is a pink sheet grey market stock, when they merged into ontv shell and then changed the name to tpdi, they did not need to file 3 years of audited financials for ssty. What they did is they kept ssty company intact with the same amount of shares, shareholders still hold their same shares in ssty and they received a new dividend in the form of shares of the new company tpdi, the only difference here is we will receive a dividend in the new shell company that are non-restricted shares, we will still keep our old shares of ibcx which will be the restaurants, the new company and the dividend we will receive in it will be under a new ticker symbol. So ibcx does not need to file the past 3 years audited financials for ibcx to accomplish the goal of offering ibcx shareholders a dividend in the new shell otcbb company.