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Re: Zorax post# 36432

Sunday, 11/22/2020 1:50:03 PM

Sunday, November 22, 2020 1:50:03 PM

Post# of 36785
I've looked at recent court docs for A-1 and they're all unproblematic. The latest October document entered into the court record stated that Dixon expected to have it reinstated within 30 days (by next week), and gave if memory serves a 105 day window to have the shareholder meeting etc. The next court date is set for early Feb. 2021, per that time frame, and my best guess is that "dismissal" on the docket in that case is intended to convey that the case will be closed in early February assuming all requirements have been met. I don't see what the problem is with A-1. If he fails to reinstate the ticker and pay delinquent fees, and fails to hold the shareholder meeting, then yes, that would obviously be a problem. For now it appears to be proceeding in a normal way through the custodian process.

So I get that you're suspicious of Dixon and of custodianships in general, and I agree with you that NTGL is a very sketchy ticker owing to SEC actions against the former CEO. I've done my best to find instances where Dixon did what you alleged (load and dump shares and then abandon the custodianship), and I can't find any examples--and you haven't provided any examples. I did find one non-custodianship ticker, UMAX, where he was CEO, was paid in shares in lieu of a salary, and did a very large reverse split, and that's the worst action I can find evidence of him having taken. The Clark County Court search engine turns up exactly three custodianships for Dixon: NTGL, AWO*, and his latest completed custodianship, EMP*, which successfully did a reverse merger, never did a reverse split and never fell below pre-custodianship pps--it's still up hundreds of percent from where it was prior to the custodianship.