David Lazar's OTC SPAC's/CUSTODIAN Plays

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DL has canceled shares in NV before. NV allows judges the power to do that if he can prove certain conditions and fact patterns from prior management/executives.

DL Never did RS. A reverse split would be idiotic... why kill your market cap and retail float??? The more market cap you have the more expensive the ticker is to sell off to RM candidate. Not happening here with XMET.

The judge can order all shares that were invalid shares canceled. Retail shares and shares on float are safe - they cannot cancel actively held shares. DL then can... register the rest of the shares not on float as restricted shares OR does not register them and cancels shares not on float . He will then re-file amendment to charter with NV SOS with the new share number (if cancels) like 2 billion for example with a 800M-1 billion non restricted float or similar. Once we get that and an attorney letter explaining it all expect a filing with SEC making us current with OTC by EOY and otcmarkets.com gets updated whenever they get around to it lol.