the realm and the scope of the problem was too big to let what any normal investor would have loved to see happen... a buy back of all the counterfeit shares...
he has already been told his answer from them and than had to deal with the fact that no market maker or brokerage firm would leave themselves open to such a huge deficit and told him that this stock would not trade via there firms...
those parts had to be worked out...
than he had to go back and do the financials and other filings cause he was basically told he was in possession of unregistered shares since he had no filings or transfer agent in place and no market maker who did a 15-2c1 to place a market in this stock..
i am being more controversial enough to say that he also had to make up a business plan up for bancorp cause it never existed...i cant wait to see the work the lawyers did on creating that..
in looking back this is a total breakdown of the system for more than just the dtc cleared the stock,the stock went un noticed by the nasd and sec and should have been delisted to the grey sheets back in january when they were making all the companies get audited financial in place...
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