My common sense is tingling.
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The newest sub-penny custodian play is GESI (.0038)
These custodianships have been going nuts lately. Worth a serious look.
https://www.otcmarkets.com/stock/GESI/security
Authorized Shares 490,000,000 05/31/2018
Outstanding Shares 323,625,651 05/31/2018
Restricted 142,348,153 05/31/2018
Unrestricted 181,277,498 05/31/2018
https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
The same thing with dirty tickers VDPH and CRGE.
How the hell is this red on Reinstatement? LOL! Weird.
Lazar's SIPN just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
(SIPN) LAZAR custodianship just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
SIPN LAZAR custodianship just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
SIPN just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
Lazar Custodian SIPN just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
Lazar Custodian SIPN just Reinstated on NV-SOS
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Outstanding Shares 492,404,893 08/07/2019
Restricted 463,391,778 08/07/2019
Unrestricted 29,013,115 08/07/2019
https://www.otcmarkets.com/stock/SIPN/security
It was a smart move to file the 15-15D right after gaining custodianship, effectively eliminating the chance of ZDEC being revoked by the SEC.
https://www.otcmarkets.com/filing/html?id=13449554&guid=g0xIUq-5bLH0Lyh
https://www.otcmarkets.com/stock/ZDEC/disclosure
Looking forward to Rhonda Keaveney filing the next explosive catalyst. Reinstatement on NV SOS is imminent.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
I spoke with the old CFO (Susan Lokey) from back when ZDEC was still SSTL, Inc.
She basically said since she filed the last quarterly (when the stock was trading over 1 dollar per share) virtually nothing has changed except for the company going dark.
There was supposed to be a reverse merger but it basically fell through and not much ever came of it, hence the ease at which Rhonda Keaveney was able to take control of ZDEC.
SFIO (.0072) just posted Revival on NV-SOS.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
SFIO (.0072) just posted Revival on NV-SOS.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
ZDEC current Market Cap is just 379,219
https://www.otcmarkets.com/stock/ZDEC/security
Total volume YTD has only been 3,797,398. The float is tiny!
https://otce.finra.org/otce/marketStatistics/monthlyShareVolume
LOL! Compared to other custodian plays $145k in liabilities isn't jack shit.
APRO has over $1 million in debt and it ran almost 2500% in like 2 days!
PFMS has $4 million in debt and it's gone up over 1800% so far.
With what has to be a micro float and only 16 million O/S, ZDEC will do much better.
APRO (.002) just Reinstated after hours, yesterday on NVSOS.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Reinstatement for APRO (.002) posted yesterday, after hours.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Custodianship APRO (.002) just Reinstated after hours, yesterday on NVSOS.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Reinstatement for APRO (.002) posted yesterday, after hours.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
APRO (.002) just Reinstated after hours, yesterday.
https://esos.nv.gov/EntitySearch/BusinessFilingHistroyOnline
Can't say I didn't tell you so: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148269476
XHUA (.0016) Richard Chiang's Custodianship new hearing in 3 more trading days.
Case Number A-19-790208-B https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
Richard Chiang's Custodianship play XHUA (.0016) new hearing in 3 trading days.
Case Number A-19-790208-B https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
Fair enough. I'll check back next month. Good-luck.
I just read that, thank you. Identifying a "new and lucrative business model" isn't exactly "confirmed sold" but pretty close.
That was from back in December, does anyone know why it's taking so long?
I can understand a couple of weeks but 4 months? Could this mean the "deal" fell through? Any word from Arcaro?
It's just bizarre a reverse merger would take so long but then again this is the OTC so who knows.
That is exactly what I'm asking for. Nevermind, I just read the post from OnceBrokeMama dated 12/03/18. Interesting.
So my next question is WTF is taking so long?
Yes, I'm serious. A judge can terminate custodianship without another company taking the shell over. Happens all the time.
Here are a few examples of that very thing: CNHC, PEIW, REPO, EORZ, GTNM, and CXCQ. All terminated custodianships WITHOUT a new company taking over. RGLG is no different.
Arcaro isn't the custodian anymore, he's the CEO and still very much in control of UHF Logistics Group, Inc. https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=Rd9jpH%252fmqAdY3IHYCsT1Nw%253d%253d&nt7=0
It appears folks have confused a termination of custodianship order with Arcaro selling the RGLG shell to someone else or facilitating a reverse merger. That's simply not what termination of custodianship means, it just means it's completely out of the hands of the court. I know of at least 6 other custodianships that have done the exact same thing and all are still just empty shells.
So I'll ask again, where does it say "confirmed sold"?
Where does it say "confirmed sold"? I've looked and I'm not finding that anywhere. Thanks in advance.
Management and the BOD should be embarrassed by the price performance here.
There are literally blatant Chinese scam stocks that trade better than INVB.
I'm certainly not stupid enough to dump my shares into the penny bid anytime soon but if things don't improve by November I'll be revisiting that idea.
Richard Chiang's Custodianship play XHUA (.0015) hearing 4-11
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147259873
XHUA (.0015) Richard Chiang's Custodianship play hearing 4-11
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147259873
Outstanding. I'll buy a bunch bellow a penny.
Sure. Guaranteed, right? Now I've heard it all. LOL!
RGLG is going sub-penny. Mark it.