There is a 3 day clearing period. You can't wire funds & have them clear the same day. I the past I tried that with ETRADE. Patience, Patience, patience
Damascus, here is what transpired with the DE SOS…
This is what I believe to be what has transpired with ADSV and the Delaware (DE) Secretary of State (SOS) update. The incoming merger company/party that’s coming into ADSV is basically the Third Party that is in essence acting within the capacity of the Registered Agent to maybe even going through the actual listed Registered Agent for ADSV. I’m not sure as it doesn’t matter who does it as long as it gets done.
This means that the Third Party acting as the Registered Agent or even the Registered Agent will organize and complete everything that needs to be completed administratively (Annual Reports, etc.) and make sure that the payment is made on all of the fees to get ADSV current and in Good Standing with the DE SOS. I'm guessing that MMG will help with some of the administrative things needing to be completed.
What you are about to read, I confirmed this directly from two personnel that works for the DE SOS.
I was informed that it doesn’t matter who resolves the issues for a company with the DE SOS. I was told by the DE SOS that it can be me, you, a Third Party, a Registered Agent, or anyone who is willing to do the work administratively required and pay all required fees to get back a company into Good Standing. They don't care who takes care of things as there is no set rule or requirement for who does so. So those thinking that it must be MMG are wrong. It doesn’t matter who takes care of everything per the DE SOS.
The incoming merger company team stated directly on the ADSV website update that they see value in ADSV and FTWS because "their tax losses have a significant value to high income-producing companies". Below is what I previously posted indicating that ADSV has a Tax Net Operating Loss (NOL) that's anywhere from $24 Million to $43.1 Million as a Tax Shelter which indicates why it would be in the incoming company's best interest to pay any fees that would be actually minor compared to what they are getting in return: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152614228
I was also informed by the DE SOS that even after the funds have been wired in to pay to resolve the fees, it will not be reflected until all the required Annual Reports are filed and after the Revival for Void that is required have been completed. Then they will update the database to reflect a zero balance and that all have been resolved.
What I think too is that Miro might had asked the incoming merging company's team if the DE SOS has been paid for and taken care of. I believe they told him yes and that the money have been wired. I think Miro assumed that they meant that money was wired to the DE SOS, but the incoming merging company team was meaning that the money was wired to the Escrow account. I believe this because per the update on theADSV website, the incoming merging company had informed them to go to escrow to finalize the transaction. This leads me to think that we could see a closing soon and once that happens, we will see key updates from a few different places kick in to be reflected. I think this should not be taken as if people are not genuine with what's happening here with ADSV.
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