Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow, great day for AZRH today. I was worried Belisarian might be all hat and no cattle, but they’re really moving lately.
Hopefully Belisarian cleans it up and brings it current soon. They seem to be making progress with their other shells, but it seems like the custodianship process moves slower in the Florida courts.
Yes, it will automatically appear with the new ticker and name in your brokerage account when the change occurs.
There was a new filing on SilverFlume about a month ago. It looks like Lazar sold the shell to an IT company in Calgary, Alberta. New owner is Douglas Craig Wilson.
Separately, we now have OTCIQ access to upload the disclosures for $AZRH, we hope to have an update regarding the company’s future soon.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
We have applied for access to OTCIQ for Azure Holding Group $AZRH and are looking forward to restoring value to the company and its shareholders.
— Belisarian Holdings (@BelisarianCusto) July 19, 2024
We have been granted custodianship of $BUSC $ENCC and $KNBA. We will do our best to restore shareholder value to these companies and will update when appropriate.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
Belisarian Holdings granted custodianship of $BUSC.
We have been granted custodianship of $BUSC $ENCC and $KNBA. We will do our best to restore shareholder value to these companies and will update when appropriate.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
Belisarian Holdings granted custodianship of $KNBA.
We have been granted custodianship of $BUSC $ENCC and $KNBA. We will do our best to restore shareholder value to these companies and will update when appropriate.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
Belisarian Holdings granted custodianship of $ENCC.
We have been granted custodianship of $BUSC $ENCC and $KNBA. We will do our best to restore shareholder value to these companies and will update when appropriate.
— Belisarian Holdings (@BelisarianCusto) August 29, 2024
Seems so. Especially in conjunction with the order to close the case.
Looks like the Show Cause Hearing was vacated! :)
New update on the court case today:
08/13/2024 Order to Statistically Close Case
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=UjdpGdQzh_ULUqEvp9k2PQ2&tabIndex=3
Looks like there’s another hearing in September. Hopefully all loose ends are tied up:
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=UjdpGdQzh_ULUqEvp9k2PQ2&tabIndex=3
Shame it’s stuck in purgatory.
Seems like a good sign. :) Thanks!
Belisarian have said they’re done with VSYS unfortunately.
I think they were supposed to submit a notification of late filing since they’re filing Q1 after April 30th?
If I remember correctly, Lazar had everything under control and was dealing with the SEC litigation in a timely, professional manner when he was custodian, but the company he sold to just ignored the SEC and that’s why it was revoked. Also, the SEC already had ZENO in their crosshairs due to the previous owners securities fraud… so that didn’t help. UBYH is a very different shell.
It was revoked due to its history of delinquent filings before and after Lazar’s custodianship:
https://www.sec.gov/files/litigation/opinions/2023/34-98468.pdf
I believe the revocation occurred about a year after he sold the shell:
https://finance.yahoo.com/sec-filing/ZENO/0001829126-22-018020_1458581
For whatever reason Lazar usually files directly through the SEC instead of using IQ for his shells. No Form 15 after 20 years of SEC delinquency… probably not the best move. He did something similar with ZENO. Although it actually left EM and went current for a while. Revocation happened after he sold the shell. Hope it works out here.
Argh. He should’ve submitted it before the other filings. I hope this doesn’t end up stick on EM.
Looks like Belisarian made a motion to discharge the VSYS custodianship yesterday.
LPHM was Synergy’s best shell. Unbelievable what’s happened to it.
You too!
I think it’s most likely a name and/or symbol change.
UBYH popped up on FINRA daily list today. Something’s afoot…
No idea regarding the status checks. I would assume the details of financial reports are not a deterrent for Belisarian since they would’ve had access to them before they petitioned for custodianship. But who knows. I hope they bring this current soon.
Next court date for custodianship is scheduled for May 13.
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=HR4kDT2HiC0LbAlqDVDR6g2&tabIndex=3
No other updates unfortunately.
It really is. Maybe he’s saving the best for last. :)
It’s been over two months since Belisarian have provided updates on any of their shells. ZHUD’s next quarterly may be the only info we will get for the time being if Belisarian continues to ghost shareholders. I wonder whether the next filing will show that Cade has dumped the rest of his position. I still have high hopes for these shells, but the silence is not encouraging. Even a “non-update” update would be welcome at this point.
Do you know if he just needs 2023 filings up to date or 2022 as well?
10-K was filed a few weeks ago I believe
Two 10-Qs filed today. Looks like filings are up to date now. Maybe we will see a tier change soon.
Hmmm I thought the 10K would bring this current like when Lazar filed the 10K for BIMT. Strange.