I'm interested in acquiring the rights to a particular trademark that hasn't been used in commerce in 10+ years.
However, its owner (which has completely divested itself of all business operations it once used the trademark for) keeps filing new TM applications, using every possible extension, then filing a new TM application for the same mark just as the old one runs out so there's no lapse of registration.
The company is publicly traded and it has made clear in filings it is never going to use this mark in commerce again.
Is there anything I can do about this clear abuse of the TM system? Is it worth it to attempt to file for cancellation? Or should I try to make an offer?