1manband Member Profile 1manband Member Level
Thursday, May 09, 2013 12:39:19 PM
Re: Ecomike post# 43580
Post # of 43581
Considering the recent history of Chinese R/M deals, they may just be trying to escape direct SEC oversight, or perhaps stop their auditor from asking uncomfortable questions, but the history post-Form 15 of these companies is not good at all.
The deregistration will end their ongoing reporting requirements with the SEC and, assuming the SEC allows the Form 15 to become effective, will end any chance of revocation. But, it will not stop any SEC investigations into their dealings or the original R/M. It also does not guarantee that the Company and their business is real and will not just fade away and disappear. Which a lot of Chinese R/M's have done once they deregistered as they no longer needed to keep up the impression that they are actually doing real business.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM