Active Health Foods Inc (AHFD)

[shoondale]

"Why can’t they file a 15c IG?"

...IG?...Same question?
I have no idea what would prevent a form 15 filing. It seems like the logical next step if the shell has not already been sold.

'What is a 15c?"

Please see my post below.

"Also do you know why a transfer agent would be verified if the shell is dead? Thanks"

I also hope and look forward to more input from IG. He seems to monitor these.
My guess is Wallace is spending money to keep the shell alive in order to sell it. That is why he has purchased the services of a TA 9if it is him). Filing a form 15 would prevent delisting which seems to be where this is headed presently. It would also reduce Wallace's expenses (if he does not have to file he won't have to pay an auditor) and buy him time to find a buyer. This is just a guess from me as to what is going on with a possible form 15.

Reading I-Glow's post, he seems to suggest this is someone trying to hijack the shell; a third party taking control? Would they also be a shareowner? My guess is probably. Maybe a third party is not allowed to file a form 15? Maybe they need a certain % of ownership?

Then again, something may already be up. It that is the case, someone buying shares on the expert market needs a seller. Who knows? Did Wallace already find a tentative buyer?

I am guessing either a sale, a form 15, delisting, or filings come next?