Not necessarily, without evidence to support a claim the OTCM can’t hold a CE on CWIR forever. The way I see it is either the claim letter is filed and Harry can disprove it, or it isnt and OTCM has no choice but to remove the CE.
Another important aspect is that since all filings have been submitted, if by some miracle control is given to this former shareholder the CE would still come down and we’d have a clean ticker.
But Harry paid $75k for it so even if he is done with CWIR it would be in his best interest to get control, sell, and move on it. It would be well worth litigation fees to take this “control dispute” to court, $5k, $10k, even $25k in attorney fees would be worth it. He already has a law firm, they just need a claim letter to dispute and disprove imo
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