Balagamwala himself should understand this, get filings current and OTC information up to date. Then, retire half of the shares, clean up the books and look for some innovative project for merging that does not want to go the IPO route yet prefers an OTC entrance prior to start quoting on a major board years down the road with full SEC filings.
I agree, the name is valuable. Also, the fact that this is not really an empty shell heavily promoted by speculators. The chances of the SEC suspending trading here seem low, even though the company is not presently current.
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