Yes, and I know about the Nevada law and how they make things more easily for OTC stocks, but that doesn't mean he or they can do whatever he/they like.By Nevada & Federal law, he is still CEO of RGLG. If you say that they can sell RGLG every other day to a new owner without telling the shareholders, then you are wrong. There is still a filing obligation for that. The reason why the SEC allows NOT to file the 10Q's and other information is because it might be too expensive for these tiny companies. Even an active Grey Market stock still needs to provide who the new owner is. Or else, this might be a nice game for criminals. And I hear you coming: NO, I DO NOT BELIEVE JOE IS ONE. But right now, he is still the CEO of RGLG. And I'm sure he doesn't want to be mentioned CEO from something he isn't any longer. Even Mandla Gwadiso was, briefly, CEO of CYPE. LVCA was filed with the OTC, not with the SEC. But it was filed, because THEY NEED TO DO THIS BY LAW! The SEC accepts the OTC-filings as a standard which makes it an official obligation.
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