Replies to post #19228 on Newron Sport (NSPT)

[pennystockwallstreet]

NSPT - OK. Yes, I posted that email in this room. That applies to all OTC. SSM has done their duty with OTC and now we are waiting for updates on OTC.

SSM Monopoly Corp

https://ssmmonopolycorp.com

About SSM Monopoly Corp

At SSM Monopoly Corp, their mission is to pursue distressed and delinquent companies and revive them through custodianship petitions in the courts. Their goal is to restore shareholder value through the facilitation of reverse mergers with emerging viable private companies looking to go public via a shell.

"SSM Monopoly Corp seems to have a "successful blueprint" that they follow to bring success and growth to the companies that they are awarded custodianship over by the court. They have shown evidence to the court to where the court is strongly convinced that SSM Monopoly Corp truly does have shareholder's best interest at heart to save them from falling into a state of extinction and into a state of successful recovery. "

05/12/21 - SSM Monopoly Corp (@ssmmonopolycorp) Tweeted:
We are pleased to announce that we have petitioned for Custodianship of $NSPT. We will be seeking an expedited hearing date in order to meet all the filing requirements and deadlines set by the SEC.

We are pleased to announce that we have petitioned for Custodianship of $NSPT. We will be seeking an expedited hearing date in order to meet all the filing requirements and deadlines set by the SEC.

— SSM Monopoly Corp (@ssmmonopolycorp) May 12, 2021

5/25/21 - We are pleased to share with shareholders of $NSPT that the court has approved an expedited court hearing of June 1st, 2021. #SSM

We are pleased to share with shareholders of $NSPT that the court has approved an expedited court hearing of June 1st, 2021. #SSM

— SSM Monopoly Corp (@ssmmonopolycorp) May 25, 2021

Court date scheduled 6/15 now moved to June 1st
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=VrfjSUPfN4291uaa_tNQAA2&tabIndex=3

5/27/21 - The expedited Court hearing was granted for June 1st. The rumors that NSPT was challenged is NOT true. As of today, our attorney has not been notified of any challenge. We remain confident on a successful grant of Custodianship by the Courts. https://ssmmonopolycorp.com/updates

6/01/21 - $NSPT hearing has been moved to June 8 to allow time for the judge to hear the case. Previous mgmt attempted to re-domicile the company without paying the $85,000 reinstatement fee which SSM will easily pay to bring the company current prior to Sept to benefit all shareholders."

$NSPT hearing has been moved to June 8 to allow time for the judge to hear the case. Previous mgmt attempted to re-domicile the company without paying the $85,000 reinstatement fee which SSM will easily pay to bring the company current prior to Sept to benefit all shareholders.

— SSM Monopoly Corp (@ssmmonopolycorp) June 1, 2021

We will move forward with $NSPT in the best interest of the shareholders. We appreciate your patience. #SSM

We will move forward with $NSPT in the best interest of the shareholders. We appreciate your patience. #SSM

— SSM Monopoly Corp (@ssmmonopolycorp) June 1, 2021

6/08/21 - We are pleased to announce that we were granted Custodianship of $NSPT. We will reinstate it next with Nevada SOS, settle with the Transfer Agent, and begin the process with OTC Markets to bring NSPT current. #SSM

We are pleased to announce that we were granted Custodianship of $NSPT. We will reinstate it next with Nevada SOS, settle with the Transfer Agent, and begin the process with OTC Markets to bring NSPT current. #SSM

— SSM Monopoly Corp (@ssmmonopolycorp) June 8, 2021

6/14/21 - NSPT has been reinstated with Nevada SOS. We will settle with the TA next and begin the process with OTC Markets to become current. Stay tuned for exciting updates. #SSM

$NSPT has been reinstated with Nevada SOS. We will settle with the TA next and begin the process with OTC Markets to become current. Stay tuned for exciting updates. #SSM

— SSM Monopoly Corp (@ssmmonopolycorp) June 14, 2021

6/16/21 - Waiting for the court order to settle with the Transfer Agent and then submit application to OTC Markets.
https://www.ssmmonopolycorp.com/ssm-news

6/28/21 - We have settled with the Transfer Agent. The application to OTC Markets has been submitted!!!

7/01/21 - Order Granting
Comment = Order Granting Application for Appointment of SSM Monopoly Corporation as Custodian of Newron Sport

7/01/21 - Notice of Entry
Comment = Notice of Entry of Order Granting Application for Appointment of SSM Monopoly Corporation as Custodian of Newron Sport.

Current News:
For the latest news go here>>> https://www.ssmmonopolycorp.com/ssm-news

High-level reverse merger steps:

1. Custodian Appointment
2. Custodianship Granted
3. Reinstatement
4. Filings
5. Next Attorney Letter / Audited
6. Pink Current
7. Prep Ticker for Merger
8. Find Merging Candidate

[Midwestrader]

It says 8/13 for tickers to be current on TD not 7/28.

Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021.

[r2g2]

Interestingly, the SEC Rule 15c2-11, which is 297 pages long, lists exemptions for “shell companies” going thru a reverse merger. These exemptions start on page 96 for those interested. Companies in a shell status going thru a reverse merger may be given a time not to exceed 18 months to become current and meet the new requirements. It’s all there.

These rules are scheduled to begin 26 September, not end of this month.

https://www.sec.gov/rules/final/2020/33-10842.pdf