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Re: Zorax post# 36423

Saturday, 11/21/2020 12:51:20 PM

Saturday, November 21, 2020 12:51:20 PM

Post# of 36788
Personally I don't have any problem with the custodian process in general, and reviving dead tickers can bring value to legacy shares owned by victims of former bad actor CEOs. But I agree that when custodianships are just share-selling schemes, it's rotten, i.e. when the point is just to file for custodianship to sell front-loaded shares and never follow through with bringing legitimate value to the shell.

I'm not an expert at Dixon custodianships by any means, so I hadn't heard anything previously about him doing frivolous custo plays. Is there any evidence that he purchased/sold shares in custodianships that he dropped? Were there filings showing beneficial ownership by Dixon and subsequent filings showing he'd disposed of those shares prior to dropping the custodianship?