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I try to be as honest as possible in all my posts. I shared the information I found, said this is what the motivation of the person would be, but there are no guarantees...because I can't guarantee anything. All we can do is play the odds. I didn't invent a new company or anything
We're always going to run into those folks that want a 5,000% move on the first day...ntohing you can do about that, they'll keep whacking.
With the hearing scheduled for tomorrow hopefully we'll figure out who wins control by next week. Then the losing party can appeal, or just give up. After that, one would hope the winner seeks to reinstate and make something of this shell.
I haven't been here all morning because I had a doctor appointment. Back online now. I apologize for the delay in responding to anyone that has sent me any questions.
There's no guarantee it leads ot anything. What I can tell you is this is how people take over dead stocks in Nevada and try to sell the shell to prospective companies. This was done with HMSO, HMCP RGMI, EGYF, and many many others throughout the years. In the perfect scenario it gets reinstated and r/m. But of course no one can guarantee that. It just means someone is interested in doing something with the shell right now. I hope this answers you question.
Usually the court treats it like a shell and thinks it has been abandoned when they appoint a custodian, so basically unless the old owners came out of the woods, this is a shell until further notice.
You didn't read my post...someone is trying to reinstate this company and sell it off. The took it over via NV courts. The scam artists who had this company, would have to oppose this new person in court now if they want to keep control.
I put "hijack" in quotes because it is a legal way to take over a dead shell in NV in order to return value to shareholders.
In plain english, possible reinstatement play since the shell was "hijacked," presumably to be reinstated and sold (r/m) (see prior post)
In the Matter of the Petition of Ketcher Industries LLC §
§
§
§
§
§
Case Type: Other Civil Filings (Petition)
Date Filed: 02/09/2015
Location: Department 22
Cross-Reference Case Number: A713659
Party Information
Lead Attorneys
Petitioner Ketcher Industries LLC Peter L. Chasey
Retained
7022330393(W)
Events & Orders of the Court
03/03/2015 Decision (3:00 AM) (Judicial Officer Johnson, Susan)
Application for Appointment of Custodian
Minutes
03/03/2015 3:00 AM
- COURT, having examined the Application for Appointment of Custodian filed February 9, 2015, NOTED the application was served via certified mail upon members of Vision Plasma Systems, Inc., no Opposition or Objection was filed thereto, and there is good cause therefore, ORDERED, the Application for Appointment of Custodian filed February 9, 2015 is GRANTED pursuant to EDCR 2.20(e). The matter scheduled for hearing on Thursday, March 12, 2015 at 10:30 a.m. is VACATED pursuant to EDCR 2.23. Counsel is to prepare and submit a proposed Order within ten (10) days of this Minute Order or no later than Monday, March 16, 2015 pursuant to EDCR 7.21.
Return to Register of Actions
BVNI hearing over control of the shell is set for next week on Tuesday
should get a decision within a week of that date, and barring any appeals, could be reinstated shortly thereafter
Well that was quick from NT-10K to actual 10-K. First time I have seen that in less than 24 hours. Nice to see the s/s is still under 16 mill
Selling off a little here, patience is not an ihub virtue
It's kind of funny that the title says Tuesday the 17th, the link says the Wednesday the 18th, and news didn't come on either day.
Ibox updated with reinstatement and annual list info images from NV SOS
Calculate Annual List of Officer Fees for
HEMIS CORPORATION
Item Fee
Annual List (due 2/28/2015) File This List Online Now! File Offline
$ 275.00
Business License (due 2/28/2015)
$ 200.00
TOTAL*
$ 475.00
IF CHANGING REGISTERED AGENT THERE IS AN ADDITIONAL $60 FEE
* These fees are current as of today's date of 02/19/2015 09:22 AM but can change based on events occurring on future dates. The above fees assume that a State Business License Exemption does not apply. Exemptions from the State Business License may not be filed online.
Note: Any annual list which is not in default which is received more than 90 days before its due date shall be deemed an amended list for the previous year. Filing of an amended list does not satisfy the annual list requirement for the year to which the due date is applicable. The fee for filing an amended list is the same as for filing an annual list.
Click here to add optional extras ...
Return to Entity Details for "HEMIS CORPORATION"
It will run more once we know what the new company will be. Rhonda does r/m's. She had already filed a Form 15 back in January. The reinstatement just adds credibility that she is selling this, and to the mergernetwork post I copied (see sticky/ibox).
HMSO officers due 2/28 according to the NV reinstatement. Perhaps that means we find out the merger within the next 2 weeks
Possibly, good point/nice find.
Wow all of our posts from yesterday everywhere on this site are gone, nutty
Scratch that, guess there was more than one 400k block seller
Low volume today
Fwiw, the motion got moved up to 3/10/15 from 3/24/15, and so we will have a resolution by mid-march now (usually takes around one week for a decision to post). I'll update the ibox.
I loaded up some 003's Friday, waiting for a break. We're just consolidating after a big move up Friday. I have nothing on the offer yet. Something has to give soon given this setup. It's always been my experience that penny stocks tend to put on news during bullish setups. No guarantees of course, but worth the gamble.
HMSO booming again
Yea it is a text book breakout pattern, cup and handle followed by a bull flag. I am always skeptical of charting a sub penny,but it is so perfect of an example. I know it might seem like I just identify shells with potential,but I play some non-shells as well. WLAN looked like a great risk-reward to me. I like to get them before they go nuts as my history will prove...though this already did have an excellent Friday. I agree with TradingNinja that given the chart it can do so much more. A great catalyst combined with the breakout pattern would be golden. And let's face it, as soon as any of these start closing in on a penny, Twitter, ihub and other momo players start chatting it up.
Yea, someone loaded 009's yesterday, and maybe realized they can load lower, or someone entirely new. No way to prove either. No matter what happens with the courts, someone wants to reinstate this stock in the coming months. That much will remain true.
We'll find out in MArch on their 10k
Yea, but they need to merge out or something. I just see the Digital Mining Corp as active in Colorado. Hopefully they get their act together. I had guessed about the CO move last week based on Digital Mining Corp's filing.
Big CDEL seller is gone and we're heading north
Look for a daily close at .005 or above. That would be a daily bull flag breakout. I rarely use charting sub penny, but this one looks nice. WLAN
Alrighty, no response to either of my communications.
i just got approved to mod here. It feels like I am the official shells with potential moderator lately, lol. I'll update the ibox and put in the sticky.
Yea, we just need a little more volume to tighten these spreads.
CDEL seller seems to want out with his/her 400k
Yea it's thin. It can make the spreads tough at times, but it seems for every whack there is a buyer, which is good.
Thanks.
Dude, I'm the one that posted the info and started this. Read carefully what I wrote instead of jumping down my throat. Maybe take a deep breath before hitting send.
Remember, a newsletter pump n dump got this to .04 in 2013. This time someone really does want control of this shell
Well shares are certainly tight here. This needs some serious spread improvement.