They had to to get a judge to authorize the transaction. STLK cannot issue free trading shares until the whole Form 10 registration process is completed with the SEC. They expect registration to be done soon, but the CEO told me they had initiated the reg process with the SEC back in July.
Here is another email from yesterday from him regarding the Form 10 filing:
That is why they had to go the 3(a)10 route. If you skip back a couple of my posts where I received emails from the CEO he said the legal action may have seemed "unfriendly", but it was not unfriendly (it was prearranged between Southridge/Tarpon and the co.), it was necessary for this process to happen.
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