You are confused. NBI igained control of MILV though a reverse merger and according to their filings is a wholey owned subsidiary of MILV. The shell and publicly traded shares are domiciled and registered in the State of Nevada. The corporate registration in the Stae of Florida is only for the subsidiary. I agree that a name change could occur in the future however Finra would require an upgrade to their filings...something they are not ready for....audited finacials. Companies often use a reverse mergers to enter the public arena through the back door and is often a breeding ground for fraud. Go to the SEC website for warnings on the practice.
change the ticker? No, not likely. FINRA does not like dirty shells, and MILV is definitely a DIRTY shell. Furthermore, before NBI can apply to FINRA for a new symbol, it must be a reporting company; MILV has not been a reporting company since 2008. Figuring out the financials and clearing up the debts to clean up this dirty shell would be, at best, a difficult task -- more likely, it would be impossible!
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