Ongoing Reverie Reserve (DOC-CO-0001)

[Dept. Commerce]

Registered name: Reverie Reserve
Register number: DOC-CO-0001
Entity form: corporation
In-game company: RVR
Nature of business: The Corporation is formed to engage in any lawful act or activity for which corporations may be organised under the Laws of Redmont
Directors: AboundedComet (Director)
Share classes: Class A (100 authorised, par R$1.00)
Share register: ElysiaCrynn: 95 Class A, AboundedComet: 5 Class A

This thread mirrors the official Company Docket. The authoritative record is the DOC portal: DOC-CO-0001 · Company Register · DOC Redmont
Docket entries are posted below as they are filed (RCEA s15(3): the docket is append-only and permanent).

Continued under RCEA s85 from the pre-portal record: https://www.democracycraft.net/threads/32172/

 

[Dept. Commerce]

Continued under RCEA s85: Reverie Reserve (DOC-CO-0001)
certificate record · filed by Theory Fontaine

This entity existed under the repealed Legal Entity Act and continues under the RCEA as a corporation (s85(1)). Its original filings remain valid (s85(4)); the pre-portal record is the Company Docket thread: https://www.democracycraft.net/threads/32172/

PROFILE INCOMPLETE: the entity must complete its registers via the DOC portal (s85(5), s17).

 

[Dept. Commerce]

Correction of the share register: class of the continuity holdings
correction · filed by Theory Fontaine

The continuity import of Reverie Reserve (DOC-CO-0001) under RCEA s85 recorded ElysiaCrynn's 95 shares as "ordinary". The certificate creates a single class, Class A, and both holdings were filed as Class A. The register now reads: ElysiaCrynn: 95 Class A; AboundedComet: 5 Class A (100 of 100 authorised). Corrected by the Department on the Secretary's instruction; the original entry is unchanged (RCEA s15(3)).

 

[Dept. Commerce]

Balance tax exemption repealed (RCFA s34(4))
licence · filed by Theory Fontaine

imported

Financial institution: Reverie Reserve (DOC-FI-0001).

 

[Dept. Commerce]

Balance tax exemption restored (RCFA s34(4))
licence · filed by Theory Fontaine

imported

Financial institution: Reverie Reserve (DOC-FI-0001).

 

[Dept. Commerce]

Enforcement order issued: receivership (order #1)
enforcement · filed by edwardcul1en

1. The Department of Commerce has determined, on reasonable belief, that RVR has been carrying on regulated financial activity in a manner that places customer funds at risk of dissipation or loss.

2. Pursuant to Section 15(4) of the Financial Institutions Enforcement Act, the Department has taken temporary control of the accounts and assets of the operation, together with the relevant assets of its Operators, with immediate effect.

3. The Department will apply to the Federal Court under Section 15(1) of the Act for the appointment of a receiver over the operation and the relevant assets of its Operators. Temporary control under Section 15(4) shall not extend beyond 72 hours unless extended by the Court.

4. A Cease and Desist Order and a Freeze Order are in force. No deposits, withdrawals, transfers, disposals, or advertising of the operation may occur. Disposal of frozen funds is an indictable offence.

5. Customers are directed not to transact further with RVR. Affected customers should open a Department of Commerce ticket stating their account name and the amount owed.

6. Any recovered, frozen, or seized assets will be applied first to the restitution of customers in accordance with Section 16(3) of the Act.
Escalation basis (RCFA s44(1)): The Department of Commerce has determined, on reasonable belief, that RVR has been carrying on regulated financial activity in a manner that places customer funds at risk of dissipation or loss.

Financial institution: Reverie Reserve (DOC-FI-0001).

 

[Dept. Commerce]

Dissolution resolution: Reverie Reserve
dissolution resolution · filed by Planke32

RVR has been placed into receivership and is in the process of winding down. The notice had previously been filed on the company dockets.

 

[Dept. Commerce]

Licence status changed: conditioned to revoked
licence · filed by Planke32

Because of Inactivity, missing reports and continued non-compliance RVR has been placed into receivership. The registration status has therefore been revoked.
Conditions of registration: Taken into receivership by the DOC

Financial institution: Reverie Reserve (DOC-FI-0001).