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Re: temp luvs amy post# 356

Wednesday, 06/19/2013 4:51:56 PM

Wednesday, June 19, 2013 4:51:56 PM

Post# of 414
They could dissolve the corporation, and may do that. Unfortunately unless you pay Delaware $10, they won't tell you whether the company's status is active or not.

Maybe somebody should look into the liability of controlling ownership regarding the interests of minority shareholders?

I don't think they have any, unless something really bad happens. Like a hijacking. Technically, they're control persons, but they aren't management, and they aren't directors.

There's nothing they can do about the ticker. It will continue to trade. There's no way to get rid of it unless it stops trading altogether for a couple of years. If that happens, FINRA will delete it as an inactive issue.