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satelliteguy

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satelliteguy

Re: trader53 post# 2773

Monday, 10/10/2011 10:29:26 AM

Monday, October 10, 2011 10:29:26 AM

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No, you are wrong. The company is gone. There is no one around to file with California, and no one to care. Who is going to spend the time or money on a filing?

When a corporation's shares have been canceled like this one's, it no longer has shareholders. Therefore, it no longer exists as a legal entity. Gone, dead, as a matter of law. The "active" status in California means nothing.

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