Pinnacle Business Management (Prev SRCI)

[nealgalt]

Tate-I didn't say the SEC revoked the articles of incorporation. I said that the Corporation has no legal existence at the present.

Unlike a person who doesn't pay their taxes-Riters example-a corporation exists legally only as a state registered/chartered entity-with certain federally chartered organizations being an exception. Since Serac's registration has lapsed it has no current existence.

Which brings up an interesting question. Hall has no corporate shield for any of his actions since the registration expired. He is personally liable for any action he took, including agreeing to the revocation.