This has been discussed way back when. But like anything else on this board, it is just us talking. Someone in management actually has to do something.
Think about it. Dave Williams did not want anyone to benefit from Clyw if he wasn't in charge. Now the judge is after his butt and then he informs everyone this information. Seems DW still up to his old tricks but that is not surprising coming from him. I told everyone you can't trust Dave Williams and he is showing why.
Going dark here voluntarily IMO is not the answer---in fact we are on the grey sheets because we went dark...that said there is a mechanism:...file a form 15...
to get under the 300/500 shareholder threshold, the company would have to do a R/S of whatever magnitude needed to flush out small holders--then follow this with a F/S...if this threshold is then met, there is a sticking point of having to be current in your filings to do this--see page 16...this option is/was not intended for delinquent companies to absolve themselves of reporting obligations...and this "option" is only a suspension of your obligations to file--if your shareholder base once again exceeds 300/or 500 with > $10M in assets, your filing obligations resume...
then there is the current market situation regarding non-reporting issues in general---not a place investors want to be as we now experience...
as to the shareholder meeting, there are SEC exemptions available to delinquent companies allowing them to hold meetings---the purpose of the regulatory bodies is not to shut the shareholder voice out but quite the opposite...
News 
Market Data 
Discover 
