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Hi_Lo

06/16/24 12:38 AM

#39220 RE: drugmanrx #39219

Let me show a similar example to CNNA's name changes at the Wyoming Secretary of State level.

GVSI is named "American Blockchain Corporation" at the Nevada SOS:

https://esos.nv.gov/EntitySearch/BusinessInformation

Enter "Good Vibration Shoes"

...and you'll see it changed its name at the Nevada SOS to "American Blockchain Corporation" and has a prior name "Good Vibrations Shoes."

But in OTC Markets (and everywhere else) it's named "Good Vibrations Shoes"

https://investorshub.advfn.com/Good-Vibrations-Shoes-Inc-GVSI-11738

https://www.otcmarkets.com/stock/GVSI/disclosure

It trades under GVSI which is "Good Vibration Shoes."

That's because the name changes at the state level are meaningless until the companty gets that name change approved by a corporate action by the SEC, which it hasn't and can't because GVSI is in violation of FINRA Rule 6490 because of its missing financials.

The SEC could care less what Goerge Sharp calls his company at the Nevada state level. As far as the SEC is concerned, it's called "Good Vibration Shoes" (GVSI) because it never approved the corporate action name change to "American Blockchain Corporation."

So whatever name changes were made to CNNA at the Wyoming SOS are meaningless to the SEC until it approves the name change. The name the SEC has for the company supercedes any name the company might have at the state level.
Bearish
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