Rumor has it the CCAJ shell may not be owned by those who sold it in the first place, it could be a hijacked shell from it's former EZ days. I think the angle is to rid the shell of past management and their dealings with the shell, "cleanse" it and since the current managment filed correctly they are hoping to regain the shell in the future to properly bring the existing 16 year old business public.
I think this recent move was to remove the existing business out of the shell to prevent it from becoming a part of an SEC complaint. As the documents filed on the OTC Markets clearly remove Earth Surfaces and their management from any wrong doing with the CCAJ shell.
Brenda Hamilton launched an investigation on the shell after the deliberate illegal dilution collapsed the share price a couple of months ago. My understanding is that she is a very good SEC lawyer.
The debt used to illegally convert shares to free trading using fraudulent attorney opinion letters appears to be a complete fabrication also. Never mind that CCAJ is in fact a shell and has filed as such so there existed no means to apply Rule 144 to the conversion.
So I suspect those who drafted the opinion letters and then sold shares into the market are about to be named in a formal SEC compalint here soon.
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