Replies to post #21618 on West Coast Ventures Group Corp (fka WCVC)

[CL601R]

Amen !!!

[BrassBalls420]

"make it right, but it might take a while". (Interesting) -Cheers!

[WorkinGreen]

Thank you for the updates.

he's always maintained that he'll "make it right, but it might take a while"

I maintain a better late than never mentality here. Good to hear that making it right is a factor on Nixon’s radar.

[PennyHoper]

To Jason re 'make it right' & 'reverse merger' and Nixon Restaurant Group stuff ...

First, I add my thanks for conveying Nixon's statement to "make it right." "It might take a while" is understandable, but when was his starting point?

Re 'reverse merger' -- my next question isn't about that (as though he would do the same thing with WCVC and a new 'shell' that he did with NRG and the old WCVC shell); rather, what are Nixon's plans about the relationship between Nixon Restaurant Group and West Coast Ventures Group Corp?

The revocation of the WCVC ticker was filed/effective on 2022-02-24:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001551906&owner=exclude

The day before, at least on-paper, Nixon moved West Coast Ventures Group Corp to Florida
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=WESTCOASTVENTURESGROUP%20P220000150360&aggregateId=domp-p22000015036-399e64f0-1753-473d-8595-f108b0be115f&searchTerm=west%20coast%20ventures%20group&listNameOrder=WESTCOASTVENTURESGROUP%20P220000150360

via an 02/23/2022 state filing (followed by an amendment on 03/02/2022).

Nixon filed his 2022 Florida annual report for Nixon Restaurant Group on 01/25/2022, and the next year filed the report for NRG on 03/07/2023. (This 2023 filing announced Hamilton & Associates was its new agent.)

Nixon did NOT file a 2023 Florida report for West Coast Ventures Group Corp at all, so it went into administrative dissolution in Florida, although Nixon has kept the West Coast Ventures Group Corp 'foreign branch' in Colorado current. The last two filing dates are 03/23/2022 and 06/27/2023 .

Looking at the filing dates history (go here and then click the "Filing history and documents" link)
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&masterFileId=20171773295&entityId2=20171773295&fileId=20171773295&srchTyp=ENTITY

he was often late, and even once past due/expired that required 'curing', but essentially its status has been continuously current.

This long-winded lookback leads to the actual question: since the Florida 'parent company' West Coast Ventures Group Corp was dissolved, but its wholly-owned subsidiary Nixon Restaurant Group, Inc., was not, is Nixon going to somehow reverse the parent-subsidiary relationship (for whatever good will come of that)?

Last year Nixon took down his www.westcoastventuresgroupcorp.com website and apparently gave up the URL which was scooped up by an Asian on-line gambling operation that turned the URL into a redirect, that currently points to another scooped-up URL (see this redirect checker):
https://www.whatsmydns.net/redirect-checker?q=www.westcoastventuresgroupcorp.com

It looks like Nixon has abandoned the idea of maintaining the West Coast Ventures Group Corp parent corporation for an assortment of 'ventures' and is going to make his original company, Nixon Restaurant Group, 'it', for whatever 'it' is.

Nixon has also kept up his NRG 'branch' filings in Colorado:
https://opencorporates.com/companies/us_co/20161116785

(updated 23 Jan 2024).

And speaking of NRG being 'it' ... sort of ...

Just last week I learned that there is a Nixon Restaurant Group, Inc in Canada:
https://opencorporates.com/companies/ca_on/1000226810

that was formed in June 2022.

Maybe it's just a coincidence, but people who have posted here say they are from Canada and bought WCVC shares while it was on the Expert Market.

One last thing for now -- There is also a Nixon Restaurant Corp (not Group):
https://opencorporates.com/companies/us_co/20201114430

that was formed in Feb 2020, and has been kept up to date as of Jan 2024. It is a Colorado 'for profit' corporation. I have not yet found any other evidence of its activities, but Google is my main search engine.

(This should not be confused with the Nixon Restaurant Corp in Pittsburgh, PA, that opened a new nightclub in 1955. I got the Google-search hit on the newspaper clipping just now: https://www.newspapers.com/article/pittsburgh-sun-telegraph-cecelia-owned-a/139328282/ )

I checked the 2020-07-02 10-K Edgar filing and there was no mention of the Nixon Restaurant Corp. 2020 was the last year Nixon filed anything with Edgar.

[Porteño]

Jim Nixon says he "will make it right, but it might take a while". Does he realize that relisting the stock is the key to make it right again?? And not just for you and him but for everybody that dared touch this stock as an investment. This is a real business that will only grow as time progresses and which will flourish even more as rate cuts begin easing some of the economic pressures in the market. Returning WCVC to trading and company avoiding dilutive actions through convertible debtors, could really gather some support from the market and PPS would get to levels that I think you gentlemen underestimate. If Jim is as "honest" as he is painted, then it makes no sense to give up on public trading and abandon an army of investors/supporters he has garnished including some significant investors which were left holding the bag such as yourself and some others around here.

If we are really talking about a measly $75k stopping him from filing Form 10, then that seems like a hurdle that as a community we could get through. Even something that, as PennyHoper suggested, could be filed as 'special circumstances' due to the COVID pandemic and the changes in regulations that the SEC was doing at the time in regards to OTC filing requirements. That type of situation is ripe for the taking it just has to be wanted. One step at a time. But just not pursuing relisting seems like Nixon doesn't give a rat's ass about anyone but himself.