Seems to be a point of contention on the BNPD board about how companies use out of states to file in like Nevada when they are not in good standing in the state they are supposedly doing business in. In this case, Texas.
There is a lot of this that goes on in the sub standard pinky world and was wondering if anyone here would have any input in reasons for pinky stocks to do this. What some of the issues are in the fact that it is done quite often to only sell shares, but any validity that it is only to do business for reasons of just the particular states "business friendly" status.
Some good input from the members of this great board on the matter I believe could be warranted and included in any "good DD".
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