It will stay as an example like a similar company that had fairly similar circumstances. KEYO. One small difference with KEYO that minority owner of the Lakers Dr Soon Shiong did was left the public shell trading for like a year after he dissolved Keyo Network operating company. He owned a number of healthcare cancer research companies named Nant Health, Nant Care, Nant Works and others similar. He then had some interviews stating he planned on taking some of his companies public. He never publicly stated anything about the KEYO shell for that purpose, but all while this KEYO shell was still trading and he was still the majority owner. Then a year later his business manager finalized the dissolution and cancellation of all equity.
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Lesson.....Beware of Billionaires with a majority ownership in a penny stock! They are not looking out for you.
I actually own a significant position in another OTC, that an oil and gas Billionaire just became CEO of. Ugh.....Now I'm keeping a watchful eye on him for sure. Fortunately it's not being dissolved, that I'm aware of. Ugh....
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