lol...try 1year and 3months ago
"According to the company, the lawyer filed several documents yesterday pertaining to the name change"
This took place on the 27th of October 2015
Not sure who the clowns are...the IR callers or IR?
Posted by : AndyBadger Posted on: 11/7/2015 @ 12:45:58 PM
Name change is underway as outlined by the email from Tom, "According to the company, the lawyer filed several documents yesterday pertaining to the name change"
This took place on the 27th of October 11 days ago... which means we are well into the 2 to 4 week average timeframe to complete approval from FINRA.
Regarding the filing, its my understanding that the 1 million in debt being converted may have been a requirement from the new lender and the 500k loan was not part of the 1 million exiting debt.
To get the past lenders to all agree must have taken a significant amount of time and as AZ corp will expire very soon due to the resignation (at the direction of management) of the statutory agent, I think the name change and announcement of commercial production can well be announced/executed within 2015.
The bulk of the 500k is to begin production, and its safe to assume the company has ample orders worldwide, revenue will be generated asap and no further borrowing should have to take place.
IMO
The dumb dumbs that shorted this must be VERY, VERY EXCITED to see a real company emerging and doing everything correctly as it were a big board stock.
The company has indicated at some time they may move to a higher exchange.
Have a nice SHORT weekend.
LOL
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