Post-Effective Amendment to an S-8 filing (S-8 POS)
As previously announced, the Company intends to terminate or suspend its duty to file reports under the Securities Exchanges Act of 1934, as amended. In connection with these proceedings, and in accordance with the undertaking made by the Company in the Registration Statement to remove from registration, by means of a post-effective amendment, any of the Common Stock registered under the Registration Statement that remain unsold at the termination of the offering, the Company hereby removes from registration the Common Stock registered under the Registration Statement that remains unsold as of the date of this Post Effective Amendment No. 1.
Contact to the transfer agent is recommended, not sure how many there were. Shares of common stock held in the transfer agency or other financial entity waiting to be sold on the open market are no longer. Decreases even further liquidity. So the only shares available to buy are those currently being held by investors. So you cannot buy unless someone sells. Spread too wide for this to take place unless someone needs to dump there shares and sells at the bid or someone who doesn't mind losing money buys at the ask. Nothing about this is good for those shareholders thinking wealth is in the near future.