Jan. 27 at 6:04 PM
$COMS COMS is legally alive but asset-light. Some operations still exist in the ecosystem, but there’s no clear evidence they benefit public shareholders.
Facts:
Status: COMS is Active in Nevada (Entity E0206102014-0); annual filing June 2025.
Public: Filed Form 15; trades on OTC Expert. Shares not cancelled.
Capital: 400M authorized shares (300M common / 100M preferred).
Operations: Legacy units (e.g., DragonWave-X) still show license/support sales.
Bankruptcy: Chapter 7 trustee action (June 2025) pursuing asset recovery tied to historical transfers.
Assets: No public proof COMS currently holds material operating assets.
Subsidiaries: Historically listed; current ownership/cash flow unclear.
Bottom line:
COMS looks like a legally maintained, distressed shell. Any upside is highly speculative, not a confirmed turnaround.