I believe the shell could be bought and easily do a RM . I also think they shorted against the Preferred and Common and huge squeeze and then a new company that has a Great Business plan would have the necessary filings in place before RM ..They also filed FORM 15 They spent time and money to get this into SEC filings and I believe walked away because their original business plan went up against to many regulatory issues with the Affordable Care Act. known as Obama Care.
A big investor could also bargain for addition to the current company and propose their Business Plan to empower a Revenue producing company that could revert back to maintaining the SEC Filings.
Class of Shares Authorized Issued and Outstanding Authorized but unissued Common Stock 50,000,000 1,189,899 48,810,101
Preferred Stock 50,000,000 - 50,000,000
Shares subject to the Plan and types of awards
The Plan provides that up to one hundred fifty thousand (150,000) shares shall be available for grant pursuant to the various types of awards that may be granted under the Plan. Restricted stock and nonqualified stock options may be granted to employees, officers and directors. Incentive stock options may only be granted to employees. An employee who has been granted an award, if they are otherwise eligible, may be granted additional awards.
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