Teffy, you are correct. However, the CEO letter to shareholders specifically states that they will NOT be filing with the SEC/FINRA to save around $150k annually. So you are right, until they dont file. Right after the distressed shareholder letter they missed Q2 filings. Right after they went to the YIELD sign, from FULLY REPORTING. So now its just a matter of time before that changes to the STOP sign, then on to CAVEAT EMPTOR.
I know how this all works. Just a little surface DD and you can see it plain as day. They are broke with shady dealings, and no current finance deals, or distribution deals. Nothing in the works, and reached out to shareholders for suggestions. That was done on their website and pointed to investors, so they could save on a PR as well. Really? RUN!!!
Savings on filings WILL have them go C/E.
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