First. If custo is granted, the custodian has to reinstate with SOS and get straight with registered agentt and TA. The person petitioning usually understands statute of limitations laws regarding to old debt so they wouldn’t risk the legal fees associated unless they were confident debt isn’t an issue. Once/if petitioner is granted custo and has met all requirements defined by law, they can shop the shell to private companies seeking to go public via reverse merger.
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