And the points you’ve made are the questions that investors should be asking him, rather than bombarding me with antics that serve no purpose to a factual discussion. The company is being mismanaged…period! That said, investors should pose questions of substance to Val.
I'm going to answer these questions. I do not have a position here. I contemplated buying back in until Val raised the AS to 8 billion and started his dump fest. Nor do I understand those still supporting him but to each their own.
The first answer look no further then the current financial statements as to why Val does not offer audited financials or file with the SEC. Being fully SEC reporting costs even small companies like OTOW upwards of 20K yearly in auditing fees plus the fees of your SEC attorney.
This is why most pre-emerging stage companies like OTOW choose the Alternative Reporting Standard and go dark with the SEC. It's an expense most can not afford.
Also a company can not to just wake up one day and decide to start utilizing parts of the SEC reporting system. It's an all or nothing system. You either are or your not.
The DTC Chill answer can be found by simply looking at the majority of micro caps that were chilled to start with. Many were stocks that had recently filed for reverse splits, were non-reporting, and had some type of issue with the questionable sale of restricted shares.
You need to understand the relationship of the DTCC and the SEC. The SEC is using the DTCC to control suspected fraudulent transactions at the transaction level simply because currently there is no better way.
As for Val dumping billions of shares. Of course he is going to. He did not raise the AS to 8 billion to prevent a hostile takeover. He is going to dilute this down to no bid, reverse split, and start again.
As for the number of shareholders Val is only required to report the last known shareholder numbers. Only a NOBO list can be used to force a share and holder count.
And of course the PR release of the DTC Removal for more dumpage. In order for any company to dilute effectively you need volume. Many shareholders wdere unable to buy or sell OTOW while it was chilled. It was the perfect opportunity!
I do like many of the posters here and feel bad for those that have suffered heavy losses while believing in VAL and the OTOW concept. But it's time and people here need to call a duck a duck.
Obviously IMO VAL has every intention of dumping all these shares. It will become easier once .0002 and .0001 prints. 25+ million share days will become common at this point. Investors love throwing a few hundred bucks at these for a few million shares just to take a chance. Many will buy at .0001 thinking to sell at .0002 for a quick double but will soon find out they cant because the ask will be loaded OTOW dumpage.
Eventually those holding the bag at .0001 will have no choice but to sell for nothing as it moves to no bid.
Market Data 
Markets 
AI
