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Re: Euphrates post# 69158

Wednesday, 11/24/2021 3:00:45 AM

Wednesday, November 24, 2021 3:00:45 AM

Post# of 171458
Why do you believe the more solid custodianplayers like Denunzio for example choose shells which deregistered straight after a company stopped to file? Why is it so important for him? He files also with the SEC.

I can only repeat the answer is Finra will likely reject corporate actions and nothing what you have posted describes the case if a company deregistered too late.

I have seen custodianplays in the same situation and Finra asked for the missing filings. I could post examples.

Only if Sharp can organize the missing filings from over 10 years ago he has a chance and it´s not very likely the info still exists or the previous company will help him. Or hope somehow Finra forgets to ask for it. But this is very unlikely. I have problems to understand why Sharp has chosen shells in this hopeless situation.

And obviously when you watch the RETC case he did not know that RETC cannot deregister and wanted to continue with otc market statements. Betting on someone clueless when it comes to SEC filings is not so smart.

He is the last one who will organize sec filings from 10 years ago.
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