I believe they have to stay listed in order to not be in complete default and end up sued.
The cost to finish the quarterly filing is less than the legal fees from lawsuits and a bankruptcy. The results are unaudited anyway.
I remember back during COVID ENDV was being sued by Auctus fund and Collier had signed a confession of judgement and I believe he had a personal guarantee on that debt. That debt was likely bought by another creditor so he is still on the hook for that.
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