Entest Group Inc (ETNI)

[ronrooster]

steps for custodianship...We are at step 3 now....
1.APPLICATION- APPLICATION FOR CUSTODIANSHIP

2.MOTION FOR APPOINTMENT OF CUSTODIAN- THE PROCESS TO BEGIN TAKING OVER TICKER

3.CERTIFICATE OF SERVICE - PROOF THAT ALL PARTIES WERE SERVED- CAN TAKE PLACE THROUGHOUT PROCESS

4.AFFIDAVIT OF PUBLICATION- PUBLISHING TO THE PUBLIC THAT YOU ARE TAKING OVER SAID COMPANY

5. SHOW CAUSE- CAN BE A NUMBER OF THINGS.EXPLAIN/JUSTIFY SOMETHING TO THE COURT, ALSO A WAY OF EXPEDITING THE PROCESS ETC.

6.REQUIRE PROOFS OF CLAIM- ALLOWING OLD MANAGEMENT/CREDITORS TO PROVE THEY ARE OWED

7. BAR UNASSERTED CLAIMS- BARRING POTENTIAL CLAIMS

8.MOTION TO TERMINATE CUSTODIAN- THE PROCESS OF LEAVING THE TICKER SO IT CAN BE SOLD

*OTHER COURT ORDERS DEPENDING ON TICKER/ISSUE

A- STATUS CHECK - REVIEWING THE STATUS

[ronrooster]

and some more stuff....
"So, it seems as if there are 2 waves of opportunity when investing in these “custodial plays”. The first wave comes when investors catch wind the shell is up for a legal/court decision on whether or not the custodian is granted control of the company. This can generate a significant amount of interest and share price appreciation because traders know that this shell will eventually be on the block as a reverse merger vehicle for an opportunistic private company looking the enter the public arena. The first wave of investors are made up of quick flippers that will play the anticipation and feed off the custodial traders and lotto players – they are in and out. The rest wait patiently for the reverse merger to happen and create the 2nd wave.

The 2nd wave happens when the new company buys a controlling interest or puts an asset (usually a new corporation) into the public vehicle. Again, investors hope that new company is worth millions and millions as it comes down to basic math after that. The more the company is the worth, the more the shares will be worth and the bigger the potential gains."

[ronrooster]

some more...
If the custodianship is granted, the applicant must set a date for a shareholder meeting, and inform all shareholders of record of it; he must then inform the court of actions taken at the meeting. He must also reinstate or maintain the company’s corporate charter, and show that he is “continuing the business and attempting to further the interests of the shareholders.” Unfortunately, custodians of dormant penny shells often disregard those fiduciary duties, performing reverse splits and other actions that may affect the size and value of the holdings of the very shareholders the custodian is obligated to protect. These actions are taken to make the vehicle more attractive to a potential buyer. Once the vehicle is purchased, the custodian and his associates pocket the proceeds from the sale as payment for their purported “services” as a fiduciary and custodian.

[ronrooster]

doing a bit of homework re Custodianship...
One method is for the shell purveyor or his or her associates to apply for custodianship of a dormant or inactive public shell in its state of domicile. Many dormant Pinks are Nevada companies, and so Nevada is a familiar choice for these fraudsters. All the would-be shell peddler need do is locate a Nevada public company that’s been abandoned or is inactive, and its corporate charter consequently revoked. The peddler would then purchase a few shares of stock and apply for custodianship on the grounds that he has a financial interest in the company and wishes to reinstate it for the “benefit of the shareholders”. His or her attorney will submit filings that supposedly demonstrate his probity and good intentions, and will pay the state $270 to file a legal action. After a few routine hearings, the custodianship will be granted by an unsuspecting Nevada judge. Though a few follow up filings are required, they rarely happen and when they do, the filings omit material information. At that point the new custodian will sell the shell to anyone interested.

[ronrooster]

website link re David Lazar https://www.activistinvesting.org/

[JokersWild12]

Doing well thanks. Nice to see some activity here.

[ronrooster]

All is good here.What about yourself?.Yu is now the Defendant with the custodian case.nice action today.gltu

[JokersWild12]

This could get real interesting. Hope all is well. Where is Yu?

[ronrooster]

Excellent.Thanks a lot.

[PennyStaIker]

https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=0DiCxwlUaD1DfyXyesdTGA2&tabIndex=3

[ronrooster]

Anymore info or links would be greatly appreciated.

[PennyStaIker]

David Lazar has petitioned for custodianship this week

[ronrooster]

Morning.Something is happening with ETNI., although Expert market, Market Managers must know more than we know.glta

[Bananaman73]

LOL, I had a small opportunity to look back on this feed. Sorry. LMAO

[Bananaman73]

Does any of you think this Company or it’s parent company has anything to do with RGBP & it’s recent urgency to get current and secure patents etc?

[ronrooster]

I am stumped as well.Initially i thought the lack of filings may have had something to do with all the negative sentiments towards china.Things seem to have cooled down now.It will not not take much to bring Etni current and then ETNI will be one of the cleanest shells available.The fins will be very simple since really nothing but preparing the fins will occur.I am still very hopeful, especially since I have an significant position.I continue to look for filings daily.good luck to you.

[tenman325]

Ron,

Hope all is well. Any thoughts on why Yu hasn't make any moves up to
this point. You would have thought that he had a plan to merge one of
his companies into this vehicle. After all, why buy the vehicle to
begin with for 325 k 2 years ago if he didn't have a plan. Ever since
the end of September shells are becoming harder to find. What do you
thing?? Any thoughts??.

[ronrooster]

Hey ten,Dennis got back to me and informed me that he is not able to contact Yu.we will have to wait and see if anything happens. Gl.

[ronrooster]

Check out otcmarkets.com Basically only market managers can trade.no bids or asks are shown.Not a good place to be.Lets hope Yu gets his act together and posts financials. Gltu.

[tenman325]

Ron,
What does "expert market" label means to us?
What are your thoughts here going forward?
Hoping Mr. Yu has a plan??

[ronrooster]

Agree,between the covid and Chinese relationships etc Yu probably put things on hold.Hope for the best.gltu.

[tenman325]

Ron,
common sense would lead me to believe that Mr. Yu must have been working on some strategy. Any thoughts?

[ronrooster]

$1.50 trade to knock ETNI down 63 %, I have not seen any filings yet. Commonsense tells me that Yu would not spend 350K to just let it become worthless.Just my opinion.

[ronrooster]

Hi Ten,I emailed Dennis on the 11th,no response do far.imo Peiwen Yu should be aware of the reporting requirements, especially considering his past filings.The fins for ETNI are extremely simple since the only expense has been the accounting costs and fees. Hopefully he meets deadline and if not that the sec will reinstate ETNI. MARKET MANAGERS have been dragging this down for a while now. All I do now is to hope for something positive to happen. Good luck to all of us.

[tenman325]

Ron,
Again THANKS for your response. I reached out to Mr. Anslow and he informed me that he was there during the early days assisting in the reverse merge. He mentioned that Dennis Tan would be the appropriate contact to reach out too for any current information. I did hear back from my first attempt. He said that he would reach out to Mr. Yu and that he would inform him of the time crunch that we are in. I have not heard back from him since. I've tried a couple of times since to no avail. Maybe a different investor reaching out and explaining our situation might help. Here is Dennis Tan's email [e-mail]. Please share your experience and any thoughts on our investment here.

THANKS

TENMAN

[ronrooster]

Just received reply from R Anslow. HE DOES NOT REPRESENT ENTEST ANYMORE.

[ronrooster]

Ten,I emailed Richard today.Will let you know if anything. gl.

[tenman325]

Ron,

Thanks for your response. I got Richards email from the filing and already
reached out to him. I actually reached out to Dennis Tan who is listed as
IR as well. He responded and said he would contact Mr. Yu. That was the last I heard from Mr.Tan. I even tried to email him a couple for more times, but he hasn't responded since his initial email.

I've tried, but maybe it might take another investor to contact him.
Here is his email [e-mail]
registrant's telephone number is 86 13709 631109

Please share any information obtained.

[ronrooster]

Peiwen Yu's lawyer when he purchased ETNI was Richard I. Anslow, Esq.

Email: [e-mail]

If you get any information,please share with board.

[tenman325]

Is Mr. Yu going to move a company in? He is running out of time. The SEC
is going to take away the symbols of shells on the pinks on SEPT. 28th.
I wonder if he know we are running out of time?
Has anyone reached out to him?

[ronrooster]

Regen is now current,Zander reporting should be next.Fins will be very easy and fast considering the
main activity is paying Regen.

[ronrooster]

What idiot keeps on selling at .005?

[ronrooster]

ETNI second code 1124 today.Get ready for some price and volume movement today,hopefully.

[ronrooster]

Actually Regen Market Cap will hit around 300 Million, and Zander had about 6.6 Million common and 39 Million series M preferred.Therfore total shares approx 46 Million divided by minimum 150 M market cap = $3.25 pps

[ronrooster]

I am thinking ZANDER shares will ipo at least 50% of Regen market cap.Maybe around $7.00 based on 10 m outstanding??Just dreaming perhaps. Glta

[Bobinsd]

Nevermind!

[Bobinsd]

Why is there no mention of Entest ownership of Life Sciences Journeys on this board? Or of David Koos?

[Bobinsd]

Why is there no mention of Entest ownership of Life Sciences Journeys on this board?

[ronrooster]

There appears to be a few .005's available, good time to grab these .The way I look at it is that Peiwen Yu paid around .013 per share
Good luck.

[ronrooster]

Etni has a bit of action today. MAYBE some filings soon? GLTA.

[ronrooster]

Now with Regen up to date with all the financial filings,should be time for Koos to bring Zander up to date as well. Glta

[ronrooster]

Anyone with ZANDER shares can be quite optimistic now ,especially considering the movement of REGEN. IMO eventually Zander will ipo and monetize the animal side of the science. Glta

[ronrooster]

Last trade 10k was market manager splitting the difference between ask and bid. Notice to the fifth decimal.

[ronrooster]

Second that.And while Yu is bringing Etni current,perhaps change to special acquisition corporation .glta

[angel38]

Peiwen Yu please bring Entest Group, Inc. up to date!

[ronrooster]

Very nice 200k buy just went through.

[ronrooster]

76 cent trade to knock it down.nonsense.

[ronrooster]

Someone got tired of waiting. Heck of buying opportunity now.

[ronrooster]

Good Morning. In typical KOOS fashion, Zander is owned by Koos and his Kronies using Zander Series M Preferred stock.Koos owns 3,000,000 and RGBP owns 725,000 etc.
https://docoh.com/filing/1449447/0001607062-18-000443/ETNI-8K

[gotinearly]

Hey Ron, what is your take on who actual owns Zander now. If I remember it was a wholly owned sub of ETNI but obviously that tick was sold off so...