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Re: Slojab post# 47568

Tuesday, 11/02/2021 12:10:47 AM

Tuesday, November 02, 2021 12:10:47 AM

Post# of 50121

"This question has been answered numerous times. There's no time limit in which a ticker can remain dormant so long as it continues to trade and could be used for a R/M."

If the issuing corporation of a stock is defunct, there is no way to acquire the controlling block of stock because no one still exists in the corporation to provide transfer of possession.

It is rather difficult to do a reverse merger with a business when there is no one left working at that business who can act on behalf of the business.