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lucky, mydog

07/08/20 1:35 PM

#112760 RE: ccret #112757

finra will not make effective ANY corporate change requests for a company facing sec revocation proceedings.
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thesmallguy

07/08/20 1:50 PM

#112765 RE: ccret #112757

I don't think so. I think he sold the shell but kept the subsidiaries...the businesses.

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calluch

07/08/20 1:52 PM

#112766 RE: ccret #112757

Will be hard to do from a jail cell
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Stock_Goodies

07/08/20 2:02 PM

#112772 RE: ccret #112757

The wording is strange, but it does seem as though Orie still controls the holdings under COHO. Maybe all these holdings will still operate under the new company but I doubt it. I think Orie is taking them private and Stonecrest is just acquiring the ticker.

Stonecrest Acquisitions is a real estate company.

Our new CEO/President is CEO of Urban Retail Properties, LLC, which has offices in CA, IL, MA, FL, CT, TX and Shanghai, China.

Our new Vice President/Treasurer is a Principal of Summit Commercial Real Estate Group and Summit Realty Management, LLC.

Everything so far is pointing towards a real estate company/group acquiring the ticker to go public. More to look into for sure but like Orie's tweet said, this may be better for shareholders.