Company has no reason to lie. If company could file form 15 this would be the first thing company would do. RETC could be suspended because of delinquent status and company has notes to pay.
Alternative reporting costs only few k per year. Of course it would be the first choice to deregister, but RETC cannot!
RETC always had many holders of Record, over 1200 holders 2019, it doesn´t change so extreme that you could believe it would be fewer than 300. This is really wishful thinking.
Someone should tell George about it, because what is the sense of the case if he has no plan to file with the SEC but cannot deregister?
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