I can't say I agree that the company has big financial problems, or is going bankrupt and that's why they are on the Expert Market, because there's no why of knowing that. I will agree that Nixon should be happy to get his publicly traded company current, but the reason he hasn't done that yet is a mystery to me, but I have my opinions as to why he hasn't done so yet.
Is Nixon so poor that he can't afford to pay the fee's associated with getting the company current? Not in my opinion.
I know there have been a few posts on this board stating Nixon received money from the government COVID relief package.
There are a number of things that have puzzled my mind, and what I'm going to say will be all speculation on my part.
1.) Nixon started diluting over a billion shares that started at the end of June. If he needed to raise money to get the company current, why didn't he dilute back in the beginning of the year when the share price was much higher.
2.) The timing of when that dilution started was right around the end of June, which was when OTCM stated that non-current pink companies needed to have their disclosures submitted in order for them to meet the SEC deadline. Although, most people probably didn't realize that WCVC files with the SEC and OTCM has nothing to do with viewing their financials to get current.
3.) The timing of when Nixon reinstated the company.
4.) No communication from the company, other than their half-ass tweet a few weeks ago
stating (we are unable to selectively disclose information to individuals calling our business locations.) This is true, but it's not illegal for them to publicly state to the public what's going on with the company, since they claim on their website that transparency is important to them. https://www.westcoastventuresgroupcorp.com/investor-relations
5.) Why does someone continue to post their target prices and other things, and nothing ever happens? They're either hoping like the rest of us that it's going to happen, or they know something that the rest of us don't. (Inside Information)
I think it's possible that Nixon could have received cash from a group of traders, and in return they would be able to buy up those shares he diluted at a low PPS, knowing they would be able to sell them at a much higher price when Nixon gets the company current and starts releasing news. Most likely illegal, but if it was a verbal agreement, I guess there's no way of proving it.
It's most likely that Nixon has submitted the filings to the SEC, but since he waited so long and with the SEC most likely being behind on viewing company filings, they're probably just not viewable to the public yet.
JMO
I don't try to mislead people with what I post, they're just my thoughts and opinions.
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