Agree!
The Clark County court filings indicate that this organization appears to be representing one of their clients of whom perhaps desires to contest ownership of the corporate shell of the SFIO ticker. We all already know that Mr 'Roth' likely never actually existed; very likely a 'straw man' for the FBI sting operation, therefore a very high probability there is that no one will actually show up representing SFI the defendant. So perhaps we will be witnessing a takeover on or after June 25th when the hearing is scheduled.
Taking a closer look at what this company does, their website states,
"We have brokered many large mergers and acquisitions in the public arena. We have also worked directly with large shareholders to obtain lost value and to revitalize failing public companies. "
so perhaps this is indeed an attempt to take over the shell and revitalize the corporation into some other business entity which could then also be publicly trade-able via the SFIO ticker; after a ticker name change of course.
With the DTCC 'global lock' now no longer constraining the ticker, all SFIO ticker needs to get the OTC Markets 'caveat emptor' designation lifted is a proper filing (attorney letter and disclosure of share structure etc).
Actually quite common it is to see business entities takeover ticker shells so that a new business entity can breathe fresh life into a ticker which is no longer associated with an active business. I would imagine IF there is some sort of reverse merger into a new entity, current shareholders would simply receive shares of the newly named ticker. Another interesting thing to note is that the new Nevada business entity associated with this court filing against SFI has a creation date merely a week before the DTCC 'global lock' was lifted. The Twitter channel for this entity is brand new as of a month ago and the other business entities associated with this management services company have SBA loans of over $500,000 which were paid in full within a year. One of the businesses sells iPad apps on iTunes and many of it's apps have daily downloads in the tens of thousands so it's nice to see the opportunity of real business activity on a decent scale perhaps coming to breathe new life into the SFIO ticker. No other reason for such legal filings I can imagine when considering that SFI is a 'defunct' business entity. These kinds of corporate shells merely need new management and/or SBA loans / funding with new ideas for businesses to get moving again. Perhaps this year we will all see this ticker 'revitalize' into a new operating corporation.
Time will tell. May the force be with us all.
GLTA
The Clark County court filings indicate that this organization appears to be representing one of their clients of whom perhaps desires to contest ownership of the corporate shell of the SFIO ticker. We all already know that Mr 'Roth' likely never actually existed; very likely a 'straw man' for the FBI sting operation, therefore a very high probability there is that no one will actually show up representing SFI the defendant. So perhaps we will be witnessing a takeover on or after June 25th when the hearing is scheduled.
Taking a closer look at what this company does, their website states,
"We have brokered many large mergers and acquisitions in the public arena. We have also worked directly with large shareholders to obtain lost value and to revitalize failing public companies. "
so perhaps this is indeed an attempt to take over the shell and revitalize the corporation into some other business entity which could then also be publicly trade-able via the SFIO ticker; after a ticker name change of course.
With the DTCC 'global lock' now no longer constraining the ticker, all SFIO ticker needs to get the OTC Markets 'caveat emptor' designation lifted is a proper filing (attorney letter and disclosure of share structure etc).
Actually quite common it is to see business entities takeover ticker shells so that a new business entity can breathe fresh life into a ticker which is no longer associated with an active business. I would imagine IF there is some sort of reverse merger into a new entity, current shareholders would simply receive shares of the newly named ticker. Another interesting thing to note is that the new Nevada business entity associated with this court filing against SFI has a creation date merely a week before the DTCC 'global lock' was lifted. The Twitter channel for this entity is brand new as of a month ago and the other business entities associated with this management services company have SBA loans of over $500,000 which were paid in full within a year. One of the businesses sells iPad apps on iTunes and many of it's apps have daily downloads in the tens of thousands so it's nice to see the opportunity of real business activity on a decent scale perhaps coming to breathe new life into the SFIO ticker. No other reason for such legal filings I can imagine when considering that SFI is a 'defunct' business entity. These kinds of corporate shells merely need new management and/or SBA loans / funding with new ideas for businesses to get moving again. Perhaps this year we will all see this ticker 'revitalize' into a new operating corporation.
Time will tell. May the force be with us all.
GLTA
