Monarch Staffing Inc (MSTF)

[slawmd27]

MSTF filed 15-12g March 31 to delist and "go dark".
Under SEC guidlines, a corporation has a 90 day period after filing a 15-12g in which it can voluntarily withdraw the 15-12g. Once the 15-12g is withdrawn, it then has 60 days to file everything that the 15-12g exempted from filing.
There is speculation of reverse merger. A simple extension for filing would only give a few extra days. This plan gives much more additional time during which conversions can take place without drawing attention. I am not an SEC expert, this is just my understanding based on much DD. I still think this is a good but highly speculative play. I do think that we will likely see conversions through the full 90 day period. Then a reinstatement filing may take place with details to follow some 30-60 days later. Of course, it may happen at any time or it may not happen at all. With the Walters/Moore et al. I'm betting it will.