Ace, thanks for the information but I still strongly encourage you to contact Hilal and say " As a shareholder, I deeply appreciate your spending over $40k to reinstate our company". If he hangs up, that is fine, but if he doesn't, then tell him you've waited six years for an update, and that you would appreciate a PR with information about revenues and profits.
We simply have to let Hilal know that shareholders are back in the equation and that we expect a company update. I agree with you that we have a window here and that getting him to release info voluntarily will be a whole lot faster than a multi-year legal action. We're shareholders and we have every right to contact the company for information in the absence of the CEO complying with the statutes of Nevada which require an annual shareholder meeting.
Oh...and Hilal repeatedly told my friend that he would never do another reverse split. And I do believe he meant it, and he has kept his word about that. He also told her that he knew the big money would be made thru stock appreciation, and this is the puzzling part to me in all of this. He has a son Chris who I was told was/is in investment banking, so he should know something about it.
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