EP Global Communications Inc fka EPGL

[wobblenuts]

At this time EPGL is not required to report to SEC, so why spend the money to audit and file?
They will do so when regulations dictate, otherwise it's a money pit with no guarantee of return on company value.
Beware the term "Holders of Record".
IMO

Procedures for “Going Dark”
To understand the “going dark” procedure, it is first necessary to understand what triggers Exchange Act reporting requirements. A company’s Exchange Act obligations can be triggered in any of three ways:

under Section 12(b) if it has shares listed on a national securities exchange;
under Section 12(g) based on having over 500 record holders of a class of securities and total assets exceeding $10 million3; and
under Section 15(d) by having a registration statement declared effective under the Securities Act.
Each of these three independent predicates for Exchange Act registration must be separately addressed as a company considers whether and how to “go dark.”4