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Real McCoy

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Real McCoy

Re: New money98 post# 143767

Thursday, 05/02/2024 8:03:29 AM

Thursday, May 02, 2024 8:03:29 AM

Post# of 145081
It makes total sense and with nothing for 6 years it’s pretty obvious.

The SISP failed so the monitor requested additional authority to liquidate in Canada where the company was not headquartered but where its main assets were. That authority was granted and all the employees resigned or were dismissed. Then it was liquidated. With no one left to cancel shares, the monitor told the investing public in its 10th report that it informed FINRA of the outcome and FINRA acted to end this.
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