Thanks for the detailed analysis Renee but most market makers taking on the task of submitting a 15c211 on behalf of IORG will most certainly look at their financials and will want justification on valuation (I know of three recent companies that had to go through that gauntlet and the smallest one had a hell of time and they were already doing $1.5M/yr in revenues). Read IORG’s financials and you’ll notice that there’s very little there there! This won’t be relisted anytime soon.....it’s pretty much over! Use the lost as a tax loss right off.
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