Zenovia Digital Exchange Corp. (ZDEC)

[Chenteddybear]

$ZDEC’s custodian is Rhonda and is at the beginning of Wave 2 as per article below.

Popular Custodians

At least in the social media land (aka twitter and financial forums), investors that take advantage of these style of plays tend to follow a handful of players in the custodianship world of over the counter shells. These names that circulate are David Lazar, Joe Arcaro, Mr. Glass and Rhonda Kheveaney.

Earlier this year, some custodial plays were on fire also. I came across this well written informative article that goes into great detail explaining the custodial process, what they are, the difference between a legal and a fraudulent takeover, along with what exactly happens after custodianship is granted.



The 2 Waves of Custodial Plays

So, it seems as if there are 2 waves of opportunity when investing in these “custodial plays”. The first wave comes when investors catch wind the shell is up for a legal/court decision on whether or not the custodian is granted control of the company. This can generate a significant amount of interest and share price appreciation because traders know that this shell will eventually be on the block as a reverse merger vehicle for an opportunistic private company looking the enter the public arena. The first wave of investors are made up of quick flippers that will play the anticipation and feed off the custodial traders and lotto players – they are in and out. The rest wait patiently for the reverse merger to happen and create the 2nd wave.

The 2nd wave happens when the new company buys a controlling interest or puts an asset (usually a new corporation) into the public vehicle. Again, investors hope that new company is worth millions and millions as it comes down to basic math after that. The more the company is the worth, the more the shares will be worth and the bigger the potential gains.


http://psinvestor.com/shell-game-reverse-mergers-and-custodial-plays-making-penny-stock-investors-big-bucks/