Infusion Brands International, Inc. (INBI)

[Due Diligence Virtuoso]

Something is up like i said yesterday. This person soaked up all the shares yesterday and is now increasing the offer.

[koolmc]

yep panic sellers gone now we wait for another suitor/reinstatement

[$treet Trader]

INBI .009 x .0112 nice bid in

[$treet Trader]

INBI .009 going

[$treet Trader]

INBI .009

[$treet Trader]

INBI .0086

[Due Diligence Virtuoso]

I am not sure what is going on because the original company is far from being dead. Whoever was bidding wants those shares and most likely will pay a higher price for them...

Chiang might be out of the picture though.

[BERKSHIRE AGENT]

No this deal fell apart. Maybe one day

[koolmc]

it will go again on reinstatement if you are willing to hold for awhile

[Due Diligence Virtuoso]

Someone knows something. .0070 bidder and bids in the .0060's were not props. In fact .0070 Bidder is more then willing to take your shares... People will be wishing they did not dump... Was just at 17 cents on a spike

[$treet Trader]

INBI .0075 x .0078 bidders stepping up

[$treet Trader]

i'll be here and i'll be adding

[jabrock1]

Not much else to do at this point. I like how everyone has quietly left this board.

[$treet Trader]

Looks like someone wants in @ .0065

[$treet Trader]

i'm gonna hold and take my chances here , wait for reinstatement

[koolmc]

no wonder why the drop yesterday

[Penstock3333]

It’s just the way they close the case on Clark county website. Chiang did not receive anything from the courts.

The only hope is if old management contacted him and told him they were going to contest and negotiated a deal with him where he could be brought in as an advisor or something if he dropped the case.

[Penstock3333]

Nothing.

[jabrock1]

Then what was the judgement for in the court docs?

[Penstock3333]

It means Chiang withdrew his request for custodianship. Best case scenario is old management will reinstate and do something with the shell.

[BERKSHIRE AGENT]

Good morning INBI'ERS! MARCH MADNESS is almost here. Tick tock.....

[mick]

IN THIS CUSTODIANSHIP, IT IS TAKING OWNERSHIP/ 'Infusion Brands International, Inc. (INBI)'

[jabrock1]

Also shows a Monetary Judgement Debtor: INBI Creditor: Corporate Compliance LLC.

https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=tdFG7y4usd7bBJz6Bugs4w2&tabIndex=3

[jabrock1]

Dismissal by NRCP 41(a)(2) which is order of the court.

[jabrock1]

Court doc shows Notice and Order of Dismissal as of today. What exactly does that mean?

[koolmc]

.01 hit and peeps are quiet?

[$treet Trader]

someone had a fake wall @ .015,lol

[jabrock1]

Added again down here. Patiently waiting....

[$treet Trader]

INBI .016 cheap here, Richard Chiang play

[Reversemergers]

Yeah guess we need a real confirmation on what it means when a court date is vacated for a custodianship appointment.

I heard from some more experienced traders in custodianships, that it means it isn’t going to be contested.

Others seem to have other ideas.

So we wait for some confirmation.

I see this run a bit on just the custodianship being confirmed for Richard.

Then we hang at those levels and wait for custodianship to be released and a new company to appear on the NVSOS.

I will be here to see it through.

[zen222]

Sells were 5X buys today. Do we have verification of early custodianship being granted or a new date for the hearing yet?

[stockyard10]

Thanks

[BERKSHIRE AGENT]

End of day whacktard but not worried at all. Getting closer to MARCH MADNESS. TICK TOCK.....

[stockyard10]

Yep

[Pandemonium75]

We needed to close the spread, OPEN Case is going to keep this alive. If custodianship was granted early this will move fast.

[stockyard10]

Bid moving up

[Pandemonium75]

Read several posts down. The hearing was cancelled - the case is still open so it's possible it was rescheduled or granted early.

[BERKSHIRE AGENT]

Something huge brewing ;)

[Train.Bull]

What does " vacated" mean?

[koolmc]

yeah i see that it happens here even when it ran on the last pop

[Pandemonium75]

And then there is always someone who puts an Ask below the current PPS....SMDH

[koolmc]

.044

[stockyard10]

Nice bid coming in with ask slaps

[koolmc]

he spread slowing it down for now

[koolmc]

.0338

[K2-CI]

Looking good..updates should be close

[$treet Trader]

INBI .045

[koolmc]

either it got granted earlier or new date gonna be set, probably see more new info next week

[Pandemonium75]

The case is still open. In most instances when it's vacated it's either because the judge granted it early or the hearing was moved for calendar purposes and hasn't yet been rescheduled. I see Department 9 says vacant, no judge is assigned - but the Department IX website shows Judge Togliatti, so it may be an administrative issue or another judge made a ruling.

[stockyard10]

Yeah that would be some very useful info.