Sup Cassandra, I asked SOS that question, here is the response.
Dear Tony,
Thank you for contacting Secretary of State, Barbara Cegavske's office. Our office does not regulate stock shares being sold or bought. Our office would hold this entity liable for penalties and fees as soon as they go into a revoked status.
If you have additional questions, please contact our office.
Jessica Carnett
Secretary of State Barbara Cegavske's Office
Customer Service
Phone: 775-684-5708
Fax: 775-684-5724