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Your correct, I’ve dug deeper and saw these two entities at this address. Strange stuff
450 Blake street is an apartment complex. And you reply with two separate businesses.
Address tied back to Avicenna LLC or Smart Warehousing
Smartwarehousing.com
Avicenna-LLC.us
West Village Apartments? Not thrilling
Address change on OTC.
https://t.me/otcupdates/22666
So, how did lazar become the only employee of zeno and getting a custo deal?
More crooks to the zeno soup.
It's really a shame that not only do these scams keep trading, but another scammer can come in and start all over again.
And calabringo, curtis, lehner, sario vasseur to the scammers working this fraud.
https://www.sec.gov/litigation/litreleases/2022/lr25372.htm?utm_medium=email&utm_source=govdelivery
https://www.sec.gov/litigation/complaints/2022/comp25372.pdf
There is no need to worry.
I'm in another custodianship that had a very similar pump and dump by previous management with contested shares and it was taken care of in the custodianship court case quite easily. That stock is about to do a reverse merger.
Lazar owns all 10,000,000 preferred shares according to 4/20 filing:
“On April 11, 2022 in return for the management services provided by Mr. Lazar, as the Company’s sole employee and executive officer, and in consideration of providing the Company its strategic plan and only source of liquidity, all 10,000,000 shares of Series A Preferred Stock was awarded to Custodian Ventures in return for a reduction of $10,000 of Mr. Lazar’s loan.”
New ZENO filing. Has anyone read it?
It could easily go up when the custodianship is terminated and a RM occurs. However, most Lazar shells are bought by Asian interest who tend to RS and then do nothing interesting for a year or longer. If your in, be prepared for a long wait.
There will be no news/PRs. You will only know what's happening if you follow court and SOS/SEC filings.
Do you think this can get to .06 cents?
There is no need to worry.
I'm in another custodianship that had a very similar pump and dump by previous management with contested shares and it was taken care of in the custodianship court case quite easily. That stock is about to do a reverse merger.
This "news" has nothing to do with Lazar or the current ZENO shell or current shareholders and that will be proven in court if need be.
I'm not concerned in the least, just as I wasn't concerned about the late filings before.
Courts grant custodianships so that the custodian can clean up the shell. It's all par for the course.
Again, this is a non-issue and will be taken care of easily.
That is indisputably correct.
Well you’re definitely not an ape like me HODL 4 GODL
If they have a control block/preferred shares/voting rights what happens?
That means they were affiliates, and failed to declare the fact.
But that isn't their real problem. Their real problem, which you seem unable to understand, is that they've been INDICTED for what they did in connection with ZENO and other companies. Chances are they will go to prison, if they can be caught.
They're charged with good stuff like conspiracy to commit wire fraud, securities fraud, wire fraud, and conspiracy to commit concealment money laundering.
https://www.justice.gov/usao-sdny/press-release/file/1494591/download
If they have a control block/preferred shares/voting rights what happens? The judge and the SEC want Lazar to revive and reinstate ZENO. I assume they would have no problem taking away all control blocks/preferred shares/voting rights from the perpetrators. How else could lazar revive and reinstate Zenosense?
No, not really. The SEC doesn't do that, precisely because those shares were sold on the open market. Since the Zeno dump happened in 2016, a lot of that stock would have been bought and sold multiple times since then. It would be difficult to trace who owns it now.
SEC Lawsuit, states, “Shah, Clarke, Csurgo, and Antevorta failed to register their stock sales pursuant to Section 5 of the Securities Act. Therefore, their Zenosense stock should have been restricted from resale, because Shah, Clarke, Csurgo, and Antevorta were Zenosense affiliates.”
Could those shares be locked up?
What?? The SEC lawsuit says no such thing. It says:
After a period in which Zenosense was defunct, a Nevada state court on December 8, 2021 granted a petitioner's request for an order appointing the petitioner custodian of Zenosense with authority to revive and reinstate Zenosense as a corporation in Nevada.
That is what custodians do. The SEC isn't granting its seal of approval.
https://www.sec.gov/litigation/complaints/2022/comp25367.pdf
The SEC doesn't like shell companies. The chief purpose of the amended Rule 15c2-11 was to eliminate public shells.
The perps didn't buy preferred shares. They wanted to be able to sell what they did buy quickly:
Having artificially inflated the share prices of the relevant issuers' stock, JULIUS CSURGO... and ANTHONY KORCULANIC... the defendants, and others known and unknown, profited from the scheme by selling the shares they controlled into the market at these artificially high prices. By selling these shares while the share price was artificially inflated through their manipulative activity, the Group reaped millions of dollars in illicit profits. Once the Group had sold off their shares and ceased the stock promotion campaign and their manipulative trading tactics, the share price typically quickly dropped precipitously.
https://www.justice.gov/usao-sdny/press-release/file/1494591/download
SEC believes in Lazar is all I read
SEC’s lawsuit explicitly states they believe Lazar will revive ZENO. This is bullish, kid.
SEC lawsuit, states, “after a period in which Zenosense was defunct, a Nevada state court on December 8, 2021 granted a petitioner’s request for an order appointing the petitioner custodian of Zenonsense with authority to revive and reinstate Zenosense as a corporation in Nevada.”
Do any perps have preferred shares? Can a company still purchase a control of ZENO?
Their shares can be canceled
How do you know YOUR shares weren't among those owned by the perps? After all, they "obtained control of substantially all of the shares of the publicly traded shell company whose share price they ultimately intended to manipulate in connection with the "pump-and-dump" scheme."
So you want someone to cancel your shares? In addition, issued shares cannot be cancelled unilaterally.
Who do you think would want to purchase a shell that's been manipulated to the extent ZENO has?
You mean people who bought shares in what they KNEW was a delinquent shell company?
Do you understand that the perps owned, and may still own, large amounts of ZENO's stock? Among those perps were the unindicted co-conspirators Kenneth Ciapala and Ulrik Debo. There were four other CCs. This is what they and the nice folks indicted yesterday did:
In many instances, members of the Group purchased control of a publicly traded shell company from a "shell broker" [I'll point out that Lazar is a "shell broker", though I have no idea whether these people ever bought any shells from him.] and obtained control of substantially all of the shares of the publicly traded shell company whose share price they ultimately intended to manipulate in connection with the "pump-and-dump" scheme. These publicly traded shell companies frequently has few, if any, actual assets or actual business operations.
https://www.justice.gov/usao-sdny/press-release/file/1494591/download
I know right, pretty sure I own common shares of this Custo play! Haha!
Great, the SEC caught a bunch of foreigners swindling American Investors out of hard earned money. Finally looks like something my taxes are being used properly for. Have a nice Easter! I will take advisement or disregard as I feel necessary!
Thank you for your sentiments, I expect Lazar to place a company in this shell. Whether it is a good company or not is up to me to decide. Everyone is free to choose still what they want to do in America. Happy Easter, GLTU!
You think the shareholders of ZENO should be punished for being lied to?
It’s not against ZENO. The SEC had a problem with late filings. That’s it.
Lazar was well aware this was a fraudulent shell company and would be a cake walk to clean up.
That is WHY it won't be easy to "clean up". It's been involved with extensive criminal activity. Note further that there are 135 references to ZENO in the SEC action, which was announced at the same time as the indictments:
https://www.sec.gov/litigation/complaints/2022/comp25367.pdf
We have no idea whether Lazar was even aware of any of this until Friday. If he yet knows.
Lazar was well aware this was a fraudulent shell company and would be a cake walk to clean up.
yikes. I used to like trading custo plays up until a few minutes ago. Butt now that I’ve been slapped in the face with the harsh reality- it’s all an illusion. I will need to re-evaluate my life. after all these years of trading custodian plays, I’ve never even been a part of it. What’s even real? Makes me sad
‘Any kind of common shareholder is never a part of custo plays.’
That Lawsuit is not against Lazar or ZENO
You can read the criminal indictments--there are three--here:
Ten Members Of International Stock Manipulation Ring Charged In Manhattan Federal Court
Global “Pump-and-Dump” Scheme Targeted Retail Investors and Generated Over $100 Million in Illicit Proceeds
https://www.justice.gov/usao-sdny/pr/ten-members-international-stock-manipulation-ring-charged-manhattan-federal-court
$100 Million is a lot of money for a penny scam. Here are the indictments; I'll read them tomorrow:
Julius Csurgo and Anthony Korculanic:
https://www.justice.gov/usao-sdny/press-release/file/1494591/download
Curtis William Lehner, Courtney Vasseur, Hasan Sario, Dominic Calabrigo:
https://www.justice.gov/usao-sdny/press-release/file/1494596/download
Ronald Bauer, Craig Auringer, Petar Mihaylov, Daniel Ferris:
https://www.justice.gov/usao-sdny/press-release/file/1494601/download
Most of them have hilarious nicknames that remind me of the recent Progressive commercial. "Can I be 'Snake'?"
I'l read them all tomorrow.
https://www.justice.gov/usao-sdny/press-release/file/1494591/download
That lawsuit makes Lazar look like a hero.
In what conceivable way?
Now that is very interesting.
Wasn't going to look but had to respond to this.
Yes it does, he can show the court that his intent is to return the value those other criminals stole from unsuspecting shareholders. That is the whole reason there is a market for Custos. $ZENO
zeno isn't a real company. It was created by the guys going to jail.
Custodial trolls don't clean up anything of these companies. They misrepresent their custo's to the next loser.
Custo trolls literally steal companies as cheap as possible and sell them to others as a merger candidate.
Any links to a lazar custo becoming a viable company that isn't another internet scam campaign? Letters of intent do not count as mergers. Links to a lazar company that is operable as a stand alone company after a merger that lazar still owns or controls.
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