They have been trying for 2 years to fix it. Couldn't. Both TDS and Ben tried. DE SOS won't approve it until the SEC gives them the approval to override federal law.
Totally agree. You’ve got it. Company has been trading all along for many years if the issues were that bad, SEC & DE would have shut it down a long time ago.
It even went to DE courts in DEC 2020 to a DE judge WHO HAD NO ISSUE transferring control to TDS given shareholder majority vote. NO ISSUES WITH DE SOS and court hearing regarding shell. IF there were issues it would have been discussed and transfer of control been prevented.
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