MIAMI, FL, Sept. 11, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Lans Holdings Inc. is pleased to announce that it has successfully secured a 180-day extension to complete the acquisition of 100% of Global Stem Cells Group Inc (GSCG).
On Friday September 6, 2019, trading in the company’s stock was suspended due to a missed communication regarding the pending delinquent annual filings. Company management has had several discussions with the SEC and has determined that an old address is the cause for the missing paperwork. The Company has agreed to enter into a settlement with the SEC, which will result in the deregistering of the Company’s shares. Company management had been working with its auditors, accounting staff and outside consultants for the past few months to bring the Company’s filings current when the Company learned of the revocation. The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company’s shares.
“We regret the concern this put on the market, and especially the delay in communication of these events, as we had to ensure that we had accurately secured all of the necessary agreements to successfully recover from this disruption,” said Dave Christensen, CEO of Lans Holdings. “We have been working diligently on catching up all records and we are looking forward to quickly submitting a Form 10, and then closing the acquisition.”
This press release should be read in conjunction with all other filings on www.sec.gov
For more information on Global Stem Cells Group please visit: www.stemcellsgroup.com
Muchas Gracias/ Thank You!
For your acknowledgement of this merger, you have rekindled hope, and restored shareholder confidence!
God Bless..
Dave
The investors would love to see an update on how the merger is coming along.
Thank you.
Keep on persisting and we shall persevere!
Keep on persisting and we shall persevere! Keep up the good work.
Good energy to you! Keep up the good work!
I gives us peace seeing the news of the merger on this website.
Thank you
All smoke and mirrors! LAHO is a big share-selling scam and you’ve stolen all of our money. My investment in almost a million shares is down the toilet. Thanks LAHO – I hope you all go to prison.
Large shareholder here. I’m fully confident you will get re-listed and complete the merger.
Update would be appreciated.
Hi,
Any updates on Acquisition of Global Steam cells Group? Thanx in advance.
It is now Nov. 25, 2019, and I just read that an investor hub poster says the Form 10 has been filed…and that you are working on Filing the Form 211….and that LAHO could possibly resume trading — before Christmas. WOW — that is only half-way into the 180-day extension LAHO was granted. Any speck of truth…in the possibility of trading resuming before Christmas 2019??????
and the common shareholders of Lans holding just got their money stolen. BIG FRAUD JUST HAPPENED! . Dave Christensen resigned after agreeing to switch the LOI to MSSV. he then signed as director and PRESIDENT of MSSV. ONLY GIVING LANS A LAME 1,000 PREFERRED SHARES AND taking over all debt holders.
NOTHING FOR LAHO SHAREHOLDERS. lans will never trade publically again.
Did you really just delete all the comments on here that you didn’t want the public to see?!??
Yes, They did! Wow! Now it goes out to everyone on ever social media platform. SCAMMERS…….
Nice to see David and Benito acrewing the shareholders of Lans Holding!!! My cool $46k loss is just a reminder of how corrupt you people are!!! Dont worry though we have your names all over Twitter!!!
They can keep deleting the posts but they can’t delete the fact than Laho And GSCG ran a scam that screwed over boat loads of honest shareholders
Why did you steal my money? Why are you running a scam?
#LAHO
How did investors win the Madoff scandal of the mid 2000s? Does anyone know who they hired?