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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a timely, professional manner when he was custodian, but the company he sold to just ignored the SEC and that’s why it was revoked.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It was revoked due to its history of delinquent filings before and after Lazar’s custodianship: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.
Lazar just filed a 10-K for UBYH:
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/787496/000182912624001415/ubuyholdings_10k.htm
$VSYS status check tomorrow. Hope they bring it current soon.
To you too! :)
It’s been almost a year since Lazar terminated custodianship of HTHL. What a shame, it’s such a nice shell. I wonder if he still intends to find a RM candidate for it.
No news. They haven’t provided any recent updates regarding their petitions for Florida tickers on their website or Twitter.
https://belisarianholdings.com/updates
I wonder if we will see a restricted share cancellation with this one, similar to ZHUD.
Thanks for starting this board.
So far the Belisarian tickers I’m aware of (either petitioning for or granted custodianship) are:
NV:
VSYS
AIKO
ZHUD
AZRH
FL:
KNBA
ENCC
Any others I’ve missed?
Custodian Belisarian Holdings is asking for feedback from $ENCC shareholders:
@BelisarianCusto
The Judge hearing our Flordia petitions, $KNBA (Kinbasha Gaming) and $ENCC (Encompass Compliance) has requested that we publicly publish our intent to file for custodianship. If you are in favor of our petition and/or the appointment of Belisarian as custodian, please respond.
2023-08-11
@BelisarianCusto
While a response on twitter will suffice, an email or a letter sent to our address - 408 Boonesville Bend, Argyle, TX 76226 would be best.
Thank you, we look forward to restoring value to these companies and finding promising private companies to enact a reverse merger with.
2023-08-11
The Judge hearing our Flordia petitions, $KNBA (Kinbasha Gaming) and $ENCC (Encompass Compliance) has requested that we publicly publish our intent to file for custodianship. If you are in favor of our petition and/or the appointment of Belisarian as custodian, please respond.
— Belisarian Holdings (@BelisarianCusto) August 11, 2023
Attorney letter filed this evening:
https://www.otcmarkets.com/financialReportViewer?symbol=FUUN&id=377739
No, the custodianship hearing is scheduled for August 31st.
Looks like the UBYH custodianship was granted to Lazar today: https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=-bC8IXYK3K1vKTk0Rt95kQ2&tabIndex=3
New petition for custodianship:
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=ouNTG3GV7LooYPv2WhPVqQ2&tabIndex=3
Could someone post L2 for this if they have it? For some reason I can’t even get L1 let alone L2 for FUUN on IBKR.
Finally a bit of volume.
Lazar hasn’t been granted custodianship yet. The hearing is currently scheduled for July 20th, so I wouldn’t expect any updates or filings until after that. Fingers crossed it all goes well.
I found Guo Shun Tong’s website, but it’s in Mandarin. Pretty sure it’s the correct company as it lists Cao Zhengyi as chairman.
http://www.gstkjjt.com
You try Google translate or DeepL to get the gist of what’s on there.
Sounds sketchy. I hope you get your shares back and soon.
So strange. Did they give you a rationale for removing them?
OPUS change of control:
https://www.otcmarkets.com/financialReportViewer?symbol=OPUS&id=375516
Belisarian update for AIKO:
AIKO: We are currently engaged with an interested Party.
https://belisarianholdings.com/updates