This is a dire situation. The company can never r
Post# of 36728
You, the SEC, just put a company out of business.
Suppose the merger goes thru. Acquisition Corp is formed. Uptier happens. Same management. Same threat of suspension looms.
Look at this from a jury point of view.
1) Outrageous gross revenue,
2) Outrageous A/R that currently goes to written off bad debt.
3) Outrageous net profits
4) Outrageous convertible notes. That is Crystal Falls.
I somehow felt somehow all this was explainable. So far it is not.
Nor will it ever be.
Folks a new company with new corporate officers, with no Iequity stake is the only way to salvage this mess. Same management, same suspension threat.
Folks this looks criminal to me.