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Ole Broke Azz

05/13/19 1:47 PM

#28474 RE: Box Money #28473

to "obtain" a ticker there has to be either a proxy vote by share holders approving it or a transfer of ownership through the control block of stock

In the case of Dennis Alexander, he always maintains a control block. When that transfer is made Finra has to be notified and also approve the transfer. There is never really a problem with receiving their approval of the filing but one thing that is required to achieve that change of ownership in the control block is the company MUST BE CURRENT on OTC Markets... they are not and as a result there has been no change of ownership of the control block.