Replies to post #48663 on Remote Dynamics Inc (RMTD)

[Slojab]

Not at all. If one understands the OTC, it's clear and accurate.

The only thing I'll add to the statements I made is that in the case of RMTD, since they knew they were going dark and dissolving the company, it was a preemptive move to going dark.

But 99% of the time, filing a Form 15 is done for exactly the reason I stated. RMTD was an anomaly.

OTC Market decides when to place "Dark or Defunct" on a ticker. TRUE Not the company. TRUE That's because there is no company. TRUE And being that there is no company, there is no one to contact to ask if they are dark or defunct. TRUE So, again, it's OTC Markets that decides to place that label on a ticker. TRUE

Btw, it's not "OTC Exchange" TRUE

[trackkwizzard]

RMTD, Remote Dynamics, legally has perpetual existence.
"What this term is meant to convey is that a corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist."
RMTD... $$$$$$$$$$$$$$$$$$ tickety, tickety, TOCK.