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AlleggsoneBasketcase

01/10/18 6:26 PM

#90050 RE: Aggie14 #90041

I'm clueless about that process. Thanks for the insight. I wonder if Roger could be proactive in getting things rolling on that front? Really doesn't matter to me on that time frame though. When your holding a position long, it just gives me another thing to be excited about. Like we need more lol

Sheepdog

01/10/18 7:18 PM

#90058 RE: Aggie14 #90041

A 15c2-11 must be filed with finra before it can trade. It has to have "tradeable" shares before a 15c2-11 can be filed. An S-1 is one way of doing that and then they become partially reporting. They might file a Form 10 and become FULLY reporting. This whole process usually takes at least 6 months and more commonly a year or more for a new issue.

Not saying this great company can't do that, just laughing at the idea, that the company implies, that it is some instant automatic thing.

Of course any existing great company out there can do the same thing themselves to become a trading company without lugging around the worthless Interloc.