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Alias Born 04/24/2008

Re: dragon man post# 300

Friday, 06/20/2008 10:21:12 AM

Friday, June 20, 2008 10:21:12 AM

Post# of 791
FYI. I have not confirmed this on the SEC's site, but I suspect that trading was halted due to SEC revocation under Section 12(j). They have established two task forces; one for "hijacks" and one for companies that have not filed financial info with the SEC for long periods of time. Once this action is taken, trading can only resume with the filing of a Form 10. The egistered agent will receive the paperwork notification. If Renegade pursues this, they can salvage whatever they spent in acquiring the shell. Otherwise, it is probably lost. The task force is targeting a dozen or so dormant companies every week.