Houmu Holdings Ltd (HOMU)

[VeronicaFox]

They’re not an SEC registrant, and chose not to be one. Not only don't they have any SEC filing requirements; I'd be surprised if anyone ever hears from Wei Tan (or Tian) again.

This is really sad. The shell is, I'm guessing, total junk. Lazar eventually sold it to poor Wei Tan for a mere $5,000, at least. So Wei didn't get too badly ripped off. But I think it would be fair to say the shell is worth considerably less than that. I'd put its value at zero, give or take a penny.

As for Rule 15c2-11, the SEC has been advising traders what would take place for years.

they don’t have to report until March 2022 fiscal year end.