Alternative Investment Corp (AIKO)

[Big Brother]

OTC Markets disclosure used to be sufficient, a custodian could take over an abandoned ticker, file a Form 15 to deregister and just get current though OTC Markets Alternative Reporting Standard.......and when the shells were sold, the new incoming companies could submit name changes to FINRA and get those approved.....this is no longer the case and has not been for awhile now.

There are companies out there, that purchased shells from custodians, that continue to get their name changes denied by FINRA, due to missing SEC filings before the Form 15 was filed....all of these are filing disclosure though OTC Markets.

I think there has been a couple of companies, that had missing filings but re-registered with a Form 10-12G and got the name change approved, others that have just used the old shell name, so they didn't need to go though that FINRA process....and others, where no Form 15 was filed, just filed the missing SEC filings through EDGAR, even though they did not have all the info from the previous abandoned company.