ID Perfumes Inc. (fka IDPE)

[Renee]

IDPE registration revoked:



https://www.sec.gov/litigation/opinions/2021/34-92693.pdf

[Renee]

IDPE SEC Suspension for severely delinquent Financials:

https://www.sec.gov/litigation/suspensions/2020/34-89989.pdf

Order:

https://www.sec.gov/litigation/suspensions/2020/34-89989-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2020/34-89988.pdf

[Todmohr]

Hi MichaelKane..

The news I am posting is well in the rear view mirror now, but I will post it anyway - as I just discovered it. Apologies in advance if you are already aware of this.

Since I hadn't seen any updates on the board since the hearing was supposed to have occurred (3/11/19), I finally clicked on the IHUB post of the original custodial filing late last week. I noticed that the filing had been updated - revealing that on March 11th, 2019 the court "granted" custodianship to Chiang. However, unlike other cases, the custodianship was never "awarded," or, as I like to think of it, "recorded with the court." This "awarded" part of the process usually seems to take place the next business day but, as I said, for some reason in this case custodianship was never awarded after being granted by the judge.

Subsequently, in early April, Chiang's LLC submitted a new filing, which requested a voluntary withdrawal of their case - thus dismissing the custodianship, which had yet to be officially awarded anyway.

The last update on the filing stated that the case had been transferred to a different court division. Consequently, I called the court to see what that meant, exactly. The clerk told me that this case had been dismissed.

I emailed the Chiang LLC a couple of days ago to see why the custodianship wasn't awarded after being granted, and inquired why they dropped the case. I asked if the prior owners/management were planning to fight the custodianship and if that, perhaps, was the reason for abandoning the custodianship. Thus far I have received no response. I am uncertain whether they can legally respond to the answers I posed.

Anyway..I was trying to figure out where this case and company might be headed. At least I know that the case is no longer a variable.

Best,
Ian

[MichaelKane]

Was it granted?

[georgie18]

March 11, 2019...Court date for custodianship...

[georgie18]

ty...

[Cooway]

done

[georgie18]

Please tap this link to stockcharts so we can have a chart for IDPE...

https://stockcharts.com/support/symbolrequest.html

[georgie18]

IDPE...40...From 17 alert...52 Week high...Could be the lowest share structure I have seen on a Custodianship play...

[georgie18]

IDPE...30...https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=ObhEmHNuXX6-a-uzuZRB0A2&tabIndex=3

[Big Momma]

Quiet party going on here.....

[georgie18]

IDPE...25... added here...

[lowfloatmaster]

ALSO INTERESTING WAS THAT CURRENT OWNER ISSAC LEKACH AND WIFE
HAVE A FEW BIZ,, ONE WAS DREAM WATER SOLD LAST YEAR TO CANADIAN MJ COMPANY FOR 27 MILLION ..
JUST SAYIN...

[georgie18]

Nice starter...still time to see where this goes...

[glens0]

No just 2333 shares but thinking of adding more today

[georgie18]

That was your 4000 shares...I grabbed a starter as well at a .25 average...for 5000 shares...will add as required...

[glens0]

Picked up a good starter today at .30 A little slow but got in.

[georgie18]

IDPE...2950...plus 75%...

[georgie18]

Yes Indeed...should be a good one...

[MichaelKane]

Yea Richard Chiang behind it, same as CNH* and LCT*

[georgie18]

IDPE...22...Cutodianship play alerted at .17..Authorized Shares
10,000,000
02/01/2019
Outstanding Shares
4,115,837
02/01/2019

[olico ™]

Yup, SEC Delinquent too. They better file right away to make sure this one does not get slapped.

[georgie18]

Yes Indeed...Just about the most reserved share structure I have seen in the OTC...

[olico ™]

tight one.

[georgie18]

IDPE...17...Custodianship play...

Authorized Shares
10,000,000
02/01/2019
Outstanding Shares
4,115,837
02/01/2019

Events and Hearings

02/05/2019 Initial Appearance Fee Disclosure

Comment
Initial Appearance Fee Disclosure

02/05/2019 Petition

Comment
Application for Appointment of Custodian

?
03/11/2019 Motion for Appointment

Judicial Officer
Smith, Douglas E.

Hearing Time
3:00 AM

Comment
Application for Appoinment of Custodian