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Re: MrHealy415 post# 31838

Tuesday, 04/21/2009 5:25:50 PM

Tuesday, April 21, 2009 5:25:50 PM

Post# of 43307
well this company is registered in Nevada which is very lax to begin with on requirements for a company hence many pink stocks with dubious authenticity have gone that route- well if a company fails to maintain the minimal level of requirements even for a Nevada corporation they are no longer a legal corporation. you typically see them do a reverse merger after that where they sell the shell to someone else and often reverse split where your 10 million shares worth .0001 each can become 100 shares worth .0001 each