LDSR - the revival of the Nevada entity had to be done. I'm sure FINRA made that clear to Jason after Jason filed a corporate action request for a name/symbol change.
I see Jason not only revived the Nevada entity but he also finally designated preferred shares.
Up until now LDSR didn't have any preferred shares designated. Yet some how, preferred shares have played a role in ownership over the shell. Miro claimed to have control stock (preferred shares) that he sold to Alessi and Alessi told the Mecklenburg County court that he owned the shell because of his preferred stock. All this time, however, no preferred stock has had any value designated to it so all those claims were bogus.
Currently Jason has his private business merged into the North Carolina entity so it isn't technically a part of the public Issuer LDSR.
Jason could probably go one of two ways now. He could file a merger document at the Nevada SOS merging the Nevada entity into the North Carolina entity as the control person for both making the former merger done by Alessi legal. Or Jason could just discard the North Carolina entity and merge his private company into the Nevada entity.
Wherever Jason goes from here, he did the right thing in reviving the Nevada entity. It's definitely the first step in fixing the mess Alessi created.
As far as any new shares go. I do know that everybody seems to agree that the former owner of the shell using his Emry Capital entity has a $125,000 convertible note that converts into free trading stock at either $.0001/share or $.00005/share (depending on which LDSR filing you are reading). The only question is when will that Note begin to come into play. It will be big trouble for the LDSR share price when it does.
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