Craig's new company is having issues getting restr
Post# of 7795
(Total Views: 255)
Posted On: 12/12/2019 9:35:50 AM
Re: PhonyBologna #5345
Craig's new company is having issues getting restrictions lifted. Were you aware of this as a potential remedy? And you know OTC deems SFRX as a shell risk, don't you?
8. The Company on behalf of itself and all shareholders seeks judgment on the matter of whether the Company was at any applicable time, a “Shell” company as defined under the Securities Act, and thus would not be eligible for removal of any restricted legends for purposes of sale. The matter is necessary due to an actual matter of controversy Where such shareholders
seeking removal of the restrictive legends are have been confronted by an outside brokerage firm that gave the unsupported opinion that the Company was, in the past, a Shell company under the Securities Act . This question affects hundreds of shareholders of the Corporation and numerous ones in Pinellas County Florida.
24. On or about September 1, 2019, OTCMaIkets.com, a private over the counter reporting company, had placed a “Shell Risk” designator on the BLIS/TSR page and listing on its site. This “Shell Risk” designation has no basis in fact displayed but is an opinion that BLIS/TSR may be a shell under the Rule 144 definition. Such an opinion has a deleterious effect as many broker dealers Will not accept shares for deposit and sale, or the purchase of common shares on the market place.
https://ccmspa.pinellascounty.org/PublicAcces...ntGroups=0
8. The Company on behalf of itself and all shareholders seeks judgment on the matter of whether the Company was at any applicable time, a “Shell” company as defined under the Securities Act, and thus would not be eligible for removal of any restricted legends for purposes of sale. The matter is necessary due to an actual matter of controversy Where such shareholders
seeking removal of the restrictive legends are have been confronted by an outside brokerage firm that gave the unsupported opinion that the Company was, in the past, a Shell company under the Securities Act . This question affects hundreds of shareholders of the Corporation and numerous ones in Pinellas County Florida.
24. On or about September 1, 2019, OTCMaIkets.com, a private over the counter reporting company, had placed a “Shell Risk” designator on the BLIS/TSR page and listing on its site. This “Shell Risk” designation has no basis in fact displayed but is an opinion that BLIS/TSR may be a shell under the Rule 144 definition. Such an opinion has a deleterious effect as many broker dealers Will not accept shares for deposit and sale, or the purchase of common shares on the market place.
https://ccmspa.pinellascounty.org/PublicAcces...ntGroups=0
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