In regards to Carl Dilley, the alleged charges also have nothing to do with Canb. However, Canb and Dilley mutually agreed for him to step down from the board position.
Here is the charges, along with Spartan's response to the charges:
Spartan, Island, and their principals vehemently deny any wrongdoing and look forward to taking this case to trial. Contrary to what is alleged and/or insinuated in the Complaint, neither Spartan nor Island (nor any of their employees) were involved in the creation or operation of any of the 19 named companies listed in the Complaint. Those 19 companies – which it is important to note represent a miniscule fraction of the thousands of legitimate issuers that Spartan and Island have worked closely with over the years – were, unbeknownst to Spartan and Island, operated by two convicted felons and other alleged fraudsters. According to the SEC, those alleged fraudsters went to great lengths to make everyone – including Spartan, Island, and the SEC itself – believe that they were real businesses with actual operations.
In fact, before Spartan or Island provided any services to any of these 19 companies, each company prepared and filed a registration statement with the SEC. Each registration statement was declared effective by the SEC. The representations the companies made to the SEC in support of their respective registration statements – i.e., the representations on which the SEC relied – were the same representations made to Spartan and Island, and the same ones on which Spartan and Island relied. In short, Spartan and Island – just like the SEC – were victims of the fraud that the individuals behind these 19 companies were committing, and not, as the Complaint alleges, themselves perpetrators of any fraud.
Whether this is true or not, is for the courts to decide. And more importantly, this is the United States of America. Last time I checked, the court system is built on the principle of innocent until proven guilty. I am not saying Dilley is not guilty, however today he has not been found guilty yet. The dis-association from Canb was appropriate, to avoid the distractions and false impressions that could fall on Canb. As we have seen, this is already occured from those who don't understand how to interpret charges and violations.
The Florida business reinstatement was filed to reinstate Canb, most likely because they missed a filing for the annual report with the state. As we know, these were filed with the SEC, however the filing with Florida Biz was probably an oversight since they operate in NY. I don't have an answer as to why Dilley is still the registered agent. What I came to understand was that Florida requires a registered agent, however they have no direct association with the company and a very minimal responsibility.
Florida’s statutes hold registered agents operating in the states accountable for only the most basic of services. A Florida registered agent’s duties are outlined below:
Have a Physical Address Registered agents must have a registered office in Florida. This registered office can be any type of physical residence where mail and service of process can be delivered and accepted in person. A home, business, or office suite number will all suffice as an adequate registered office address. P.O. boxes and virtual offices are unacceptable. Be Available A registered agent in Florida must be generally available to accept service of process during normal business hours. Accept Service of Process The primary duty of all registered agents in Florida is to accept service of process on behalf of the business to which the agent has been appointed. The registered agent must accept service from a process server and forward the documents the agent has received to the individuals in charge of the business entity involved in the lawsuit. Receive Official Notices During their tenure as a Florida business’ registered agent, agents will receive other important documents like tax notifications and annual report reminders on behalf of the business entity they serve and must be capable of forwarding those legal documents as well. Unlike registered agents in higher profile states like Delaware and Wyoming, Florida registered agents are not required to keep communication contact information on file.
Florida does not have any commercial registered agent requirements requirement. As far as Florida statutes are concerned, an individual serving a registered agent for one business is equal to a company serving as a registered agent for thousands of businesses.
So, the Florida Biz registration is not concerning since it's one of the senseless rules for Florida. Companies typically use these agents so their own addresses are not made public.
News 
Market Data 
Discover 
