STAR RESORTS DEVELOPMENT INC.
by Custodial Ventures, LLC--Headed by Activist Investor David Lazar!!
Case #: A-18-781026-P https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
Outstanding Shares: 80,533,333 a/o Nov 10, 2008
9-13-18 Application filed by Custodian Ventures, LLC
Hearing scheduled for 10-16
10-2-18 Order submitted & Custodianship granted to Lazar's Custodian Ventures
10-8-18 Order has been entered
Original hearing scheduled for 10-16 no longer necessary and has been canceled. Lazar is supposed to show up back in court for status checkup in 3 months from Order being entered.
Signed by Judge! Custodianship begins!!
A little background info on David Lazar & his company Custodian Ventures, LLC (source: nodummy)
David Lazar (Custodian Ventures LLC) past tickers he was appointed custodian for:
OWVI, now Active on NVSOS, Current Pink Status OTC Markets; went from .0001 --> .0021
RARS, went from .0003 --> $.0198, now sits at .0036
DRSX, Now Active on NVSOS, Current Pink Status OTC Markets; went from .004 --> $0.178, now sits at $.028
EENX, Now Active on NVSOS, Current Pink Status OTC Markets; went from .024 --> $0.31, now sits at $.05
SHNL, Now Active on NVSOS, Current Pink Status OTC Markets; went from .01 --> $0.378, now sits at $0.10
MLTC, Now Active on NVSOS, Current Pink Status OTC Markets; went from .002 --> $.085, now sits at $.04
COHG (in process next court date 10/18/18), went from .006 --> $.07, now sitting at $.011
BESE (in process), went from .0013 --> Over $.02, now sitting at .01
HBPE (in process), went from .0015 --> $.04, now sitting at .03
Plenty of 10-baggers in this bunch!!! SRDP has HUGE Potential with Lazar behind it! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143079855 And these are just a handful, of the very many custodianships he has been in on. More info on David Lazar, Activist Investor:
This guy is as good as Gold when it comes to custodianship plays.
Now, not all work out this well...but I do like his odds.
linkedin page https://www.linkedin.com/in/david-lazar-4143a333/
background/experience Besides his Zenith Partners IPO/reverse merger/public securities financing venture, Lazar was also the COO and control person of Dico Inc which went public via an S-1 as a shell company in 2014. The CEO of Dico Inc was David's father, Edward Lazar. The bio provided for Dico Inc gives us a little more background on David Lazar: David Lazar is currently 27 years old (he was 23 in 2014) He is from Jerusalem, Israel He studied economics at Nassau Community College in 2008, and continued his studies at the University of Bar-Ilan in 2009 but lists no degree to his credit so he probably didn't complete his studies. After his college studies, David worked as an account manager at V-Stock Transfer, where he specialized in sales and marketing. After leaving V-Stock Transfer, David Lazar began his Zenith Partners International venture. Barry Synter (David's partner) was involved in acquiring the publicly traded Ecology Coatings Inc (ECOC) shell out of Bankruptcy in 2014 together with Shulamit Lazar (David's mother) The David Lazar Zenith Partners International had a website at zenithpic.com from 2012 - 2015 which clearly advertised IPOs and reverse mergers, etc. As far as the custodianship filing stuff goes, some people did a nice job of finding that and getting in early. David Lazar filed for custodianship of the abandoned One World Ventures Inc (OWVI) shell on March 7, 2018. OWVI was a dirty old Ronald Lindsay shell that abandoned in 2016 https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=WIOUomrageyOXV0YHR8gdw%253d%253d&nt7=0 Here is a copy of the custodianship petition: https://promotionstocksecrets.com/wp-content/uploads/2018/03/OWVIcustodianship.pdf Lazar used experienced attorney Peter L Chasey (who has worked for several different shell hijackers in the past). According to the petition, David Lazar bought 100,000 shares of OWVI knowing it was abandoned. He attempted to contact the former officer to no avail and is requesting (as a concerned "shareholder") that the court grant him as the custodian of the shell through his Wyoming business entity Custodian Ventures LLC https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=011115250105042026113189233109073128138162029237 Shell hijackers come and go (Peter Berney/Michael Anthony/Bradley Swahn/Richard Astrom/Brian Goldenberg/David Stocker/Paul Enright/Raymond McNamee/Eugene Koppenhaver/Bryan Glass/Mark Taggatz/Bruce Barton/Joseph Meuse/MinnyMarGroup/John Jarvis/Robert Stevens/Rhonda Keaveney/Joseph Arcaro/Warren Wheeler/David Clark/Sergio La Grasta/Bill Schaefer/Adam Tracy/etc). Peter L Chasey in particular worked for MinnyMarGroup, Rhonda Keaveney, Warren Wheeler,Sergio La Grasta, and Adam Tracy. It looks like David Lazar is the new shell hijacker in town. It is very possible with Lazar's past connections to Adam Tracy that it was Tracy that helped guide Lazar into the shell hijacking business after he became a banned securities service provider. Other abandoned public shells that were hijacked by David Lazar include: https://www.clarkcountycourts.us/Anonymous/default.aspx a) Rarus Technologies Inc (RARS) (in which he used experience shell hijacking attorney Bryan Clark to hijack this old paid promo shell) https://www.otcmarkets.com/stock/RARS/profile https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=BlZIRXRcgb5vSQ3spmfPTA%253d%253d&nt7=0 b) DRS Inc (DRSX) (in which he used experience shell hijacking attorney Bryan Clark). Since the custodianship filing the old officers/insiders that once controlled the shell years and years ago have come back looking to reclaim their shell. I'm not sure what will happen there. https://www.otcmarkets.com/stock/DRSX/profile https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=gzrhW%252fZkIfzgw1fHEHEeaQ%253d%253d&nt7=0 Bryan Clark previous worked for shell hijackers like Peter Berney, Michael Anthony, Bradley Swahn, David Stocker, Eugene Koppenhaver, Bryan Glass, Mark Taggatz, and David Clark c) and David Lazar is in the process of going after Energenx Inc (EENX) which he filed for on March 6, 2018 using attorney Peter L Chasey https://www.otcmarkets.com/stock/EENX/profile https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=3pFpzbCSmfuITYxMYJYvWw%253d%253d&nt7=0 Obviously with the dead shells coming back to life they provide all sorts of reverse merger speculation and some trading opportunities because of the new interest in these stocks that went so long with no real interest at all. I guess time will tell if they ever amount to more than just speculation or just end up being used for future pump & dump action as dilution vehicles for dirty debt arrangements. (Props: nodummy)
David Lazar, 28, has been CEO and Chairman of the Company since May 16, 2018. David Lazar is a private investor with business experience. Mr. Lazar has been a partner at Zenith Partners International since 2013, where he specializes in research and development, sales and marketing. From 2014 through 2015, David was the Chief Executive Officer of Dico, Inc., which was then sold to Peekay Boutiques. Since February of 2018, Mr. Lazar has been the managing member of Custodian Ventures LLC, where he specializes in assisting distressed public companies. Since March 2018, David has acted as the managing member of Activist Investing LLC, which specializes in active investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public company management, accounting, audit preparation, due diligence reviews and SEC regulations. David Lazar is also the sole officer and director of Melt, Inc. and Zhongchai Machinery, Inc., both of which are blank check companies.
Item 3. Security Information
Trading Symbol: SRDP
Par value: $0.001
As of 03/31/2012 there are:
525,000,000 common shares authorized
80,533,333 common shares outstanding
Zero preferred shares outstanding
Shares in the float 17,932,275
VStock Transfer, LLC
18 Lafayette Place
Woodmere, NY 11598