Emerging Penny Stocks

[GreekSeas0ning]

Thanks for the post.

You have a lot to learn my friend. Each state has its own laws pertaining to shareholder rights. One of these rights is the ability to be a custodian or receiver of a company if you are a owner of shares or debt. The state court process invoking the state's shareholder laws (under their corporate code) will be different but follow a general process if no one challenges: Motion>Appointment>Notice and Entry of Order>Termination

For example this is the Nevada law https://www.leg.state.nv.us/NRS/NRS-078.html & this is the court venue where these motion begin and end http://www.clarkcountycourts.us/.

FINRA has its own regulations

SEC has its own regulations

You need to comply to those along with the State regulations.

Then once that is all taken care of you can then notify and update the OTC with their own filings.

The state-side of the custodianship process is just part of the overall process. Many losers/scam artist never follow up with SEC, FIRA or OTC and just sell shares between appointment of custodian and the termination or vacating of custodian. I have been in the game a while and can spot those early on. Like Grassroots is a perfect example of that or most Bauman/Arcaro scams or Rhonda K/Small Cap Compliance scams (like Nhale, Inc and ARTR before that), Richard Chiang (loser killed VIDA and others), William Alessi/Hybrid titan Management and all the other losers taking advantage of the law and shareholders. I will never ever respect them or deal with any of them they are a disgrace to hardworking businessmen like myself.