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Wednesday, February 02, 2011 10:10:03 PM
Instead of trying to change the law they just keep repeating the "H" word trying to spin a negative connotation to it. I call it the "use it or lose it" law and I like it.
NRS 78.347
Application by stockholder for order of court appointing custodian or receiver; requirements of custodian; authority of custodian; adoption of regulations by Secretary of State.
(notice the Mods)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52270764
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Regarding the Ultimate Franchise Co., one good thing about the law is that it kicks people in the butt to get going and do something with the company or lose it. This is what they did prior to all the hub-bub.
OTC Disclosure & News Service
No financial reports have been posted for ULFS
SEC Filings
10KSB/A Nov 22, 2005 Sept 30, 2004
http://www.otcmarkets.com/stock/ULFS/financials
Nevada Secretary of State
Action Type: Annual List
File Date: 8/07/2007
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=2F%252fW%252b%252bw5uOo9yh4gQwiLyw%253d%253d&CorpName=ULTIMATE+FRANCHISE+SYSTEMS%2c+INC.
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