Thursday, May 02, 2024 9:54:57 AM
Whatever the case, for whoever the potential new owners are, as a long term shareholder, I'd hope for....
A) Keep the share structure good. If you bought out the insiders you would own around 90% of the shares, so you could get by with a small issuance, no need to run the share structure up super high. A very high o/s with a extremely low float is never a good idea.
B) File a 10-12G, re-register with the SEC and discontinue OTC Markets alternative reporting system, I understand why they filed a Form 15 here, they needed to save $$$'s, however, you need to be an SEC filer to have a chance in this current OTC Market, Pink Sheets are getting little to no volume, nor are they even remotely taken seriously as companies.
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