It appears that the reinstatement corresponds to the final SEC disposition in the Otto case (which started in July 2009). It could be the Arcaro has some company already in mind for a RM, but had to hold off until the final disposition. If so, it may be sooner than later.
The agilyx connection in terms of a RM candidate is pure speculation, but research will show that prior TECA management was very involved when Plas2Fuel (renamed agilyx) was trying to merge with geobio in 2010 (might have been 2009). The merger never went through and agilyx remained private. It could be agilyx backed out given the SEC litigation involving Otto.
The reinstatement was a surprise to me. I had been checking NEV SOS for that past several months about once a week, but missed checking last week. I also was surprised to see the final resolution of the SEC complaint. That to I was tracking since July 2009, but hadn't checked for about 2 months.
Needless to say both are positive developments to help TECA get out of the clutches of old managment and back on its feet after it's demise in 2009. GL
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