"...with JH LLBO was already current with OTCM!"
That makes no sense. If LLBO was Current with OTCM, the status would have displayed on otcmarkets.com as Current.
I repeat: Holmes was simply never going to spend the money or make the effort to file on OTCIQ and get LLBO current. The ONLY reason he reinstated LLBO in Nevada was because he mistakenly believed that was all he needed to do to beat Acropolis in Court.
It took the threat of Custodianship to get Holmes to reinstate the Corporation -- without Acropolis coming along, he never would have done even THAT. The reason is that LLBO no longer had any value to Holmes. He drained LLBO of all its assets.
The Cyrcadia common stock that LLBO owns is worthless because it's restricted -- LLBO can't sell it until some event occurs. Nobody but the Holmes Gang knows what that event is, but since ZERO EVENTS are occurring at Cyrcadia, it doesn't matter.
Nobody would want to buy that Cyrcadia common stock anyway. Cyrcadia and Lifeline Biotech are just another couple of failed Corporations in Holmes' stable. Just look up Shoshone Corporate Services to see the impressive string of Corporations that Holmes, his wife, Benardis, and the rest have run into the ground.
Shoshone Corporate Services, conveniently located at 1325 AIRMOTIVE WAY STE 175.
But no matter. If you want Holmes to get LLBO back, just tell the Judge that Acropolis failed to schedule a Shareholders Meeting. That was practically the ONLY THING a Custodian needs to do to stay compliant. The Judge will give LLBO back to Jimmy Holmes, and its fate will be sealed.
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