Replies to post #83367 on RedHawk Holdings Corp (fka SNDD)

[tdbowieknife]

Redhawk merging into a clean shell would make that shell dirty... I don't think the SEC would appreciate Klug trying to get around the sanctions. Any merger would need to be processed by FINRA. I don't think they would allow it. Would be interesting to see them try, I'm not aware of any that have.

https://www.sec.gov/Archives/edgar/data/1353406/999999999723004673/filename1.pdf

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[uber darthium]

Why would Darcy bother ? That is a lot of expense Klidge doesn’t need and probably cannot afford right now. He was smart taking this private, delisting public equity ownership forever, and ending his obligation to have to report to equity holders (sheep) and pay all of those fees and audits

I seriously cannot blame him at all. At his age I would not want to deal with shareholders looking over my shoulder. Delisting/revocation was actually quite a brilliant move and saves him tens of thousands $$$$$ each year in administrative costs

Yes, A reverse merger into a clean shell would let the private entity go public without ever having to revive SNDD itself. Existing SNDD holders could theoretically be rolled into the new shell through a share conversion, provided the structure allows it and they complete the required financials on the new entity—not on SNDD.

Right on !
Wright on !!
Rite on !!!

Redhawk !!!!