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Re: jseps0036 post# 54820

Saturday, 06/01/2024 6:44:06 PM

Saturday, June 01, 2024 6:44:06 PM

Post# of 54902
You clearly know how easy all of this is and that’s exactly why you and JS keep such close tabs on this board.

Now that is just silly. As you should realize by now, OTC issuers are no longer considered very desirable, even by one-time penny fans.

And while it might not be too difficult to reinstate the company (for the third time) in Nevada, it'd then have to file a Form 10 registration statement, and then pay a bundle--I forget how much it is now, but the price went up again recently--to OTC Markets.

Penny stock shells are just not worth much now. The object of the amendments to Rule 15c2-11 was to eliminate shell companies, and it's worked pretty well.