WronGGG! UOIP has been revoked by the SEC It is GONE. It no longer exists as an SEC registrant and thus is also unable to file a Form 15 with the SEC to become a Form 15 dark non-reporting butt tradable entity. The ticker was then stricken by FINRA.
There is no trading shell left here, only a private corporation UnitedOnline that cannot legally be traded. If one wishes to apply for custodianship of that, then the real question is why would anyone do that instead of just incorporating a new company.
UOIP is now in the same position as, for example, SPNG and MYEC if you care to Czech those ~OUTT. Now it ought to be apparent why the folks stuck with untradeable worthless SPNG and MYEC shares are nott filing for custodianship.
There is zero value left - just like UOIP. One literally would find is easier and cheaper to just incorporate a new corporation and try to file an S-1 and do an IPO. Which is why nobuddy has ever bothered trying to gett custodianship on dead former public companies like SPNG and MYEC (and now UOIP also).
When a ticker has been REVOKED by the SEC, it is too late to file a Form 15. And when FINRA cancels a ticker, it is GONE. This is the case with UOIP.
That is why George and Ig do nott attempt to become custodians of SPNG and MYEC - because like UOIP they are NOT trading shells. Thus there is no shell value to them.
If one wishes to become custodian of a private, non-tradeable corporation, it s much easier and cheaper to just incorporate a new corp than to go thru the expense and time of trying to gain custodianship of a non-tradeable FORMER ticker corporation.
There is no residual value in UnitedOnline as a trading shell because it is nott one. The SEC has revoked the stock and the ticker is GONE.
