Replies to post #182549 on DD Support Board and Research Team

[nodummy]

Thanks for getting all those documents and sharing.

Nothing in them surprises me. But just reinstating an abandoned entity is not a legal way of taking control of a shell.

The biggest issue for ADNY will be if the group that now has control of the Montana entity can also get control of the OTC Markets page and the CIK codes to update the information on OTC Markets (since the SEC won't be able to contact them if they don't) and file a Form 15 (since ADNY is 7 years delinquent with its filings).

I explained more in my post on the ADNY forum about how just reinstating the entity doesn't lower the risks of a suspension:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162116791

Joe Canouse also tried to take over ABVG because he owned debt in that shell. He made a new entity by the same name in Florida

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=AFFINITYBEVERAGEGROUP%20P210000023330&aggregateId=domp-p21000002333-233ce6ba-4538-4b6e-9bb2-3f65eb12a801&searchTerm=affinity%20beverage&listNameOrder=AFFINITYBEVERAGEGROUP%20P210000023330

But because the information was never updated on the OTC Markets page, the SEC couldn't contact anybody from ABVG and suspended it anyways.

https://www.sec.gov/litigation/suspensions/2021/34-91160.pdf

The Commission temporarily suspended trading in the securities of ABVG because of questions regarding the accuracy and adequacy of information in the marketplac eabout the Company and the market for its securities. Since late January 2021, ABVG’s share price and trading volume have increased in the absence of any publicly available news or current information from the Company, and certain social media accounts may be engaged in a coordinated attempt to artificially influence ABVG’s share price.