Thursday, April 15, 2021 12:27:45 PM
Currently we are waiting on the Delaware Courts to make a decision on the custodianship. This was the latest update as 4/2/2021 by Synergy.
On the custodian petitions in Delaware court of Chancery. I have no updates and we are continuing to wait on an opinion from the amicus curiae (Mr. Gentile). He was tasked with consulting with the SEC to provide an independent review on whether the petitions should be granted.
For reference:
EVCI and BSGC were assigned to Vice-Chancellor Zurn
ICRD, AVSR, AVPI, SNRY, CERX, IPUB, FRMB were assigned to Vice-Chancellor Laster
Please note, I do not have any information and I am awaiting the courts decisions on all cases. I have no opinion or insight on whether these will be granted or denied. If you have questions, please correspond directly with the courts. I am getting inundated with emails/calls and it is getting hard to respond to all. I know many shareholders sent letters of support to Chancellor Bouchard; however, I am not sure if he passed these on to the vice chancellors when he reassigned the cases. If you want to lend your support, I suggest sending a letter to the respective vice chancellor.
Court of Chancery
New Castle County
Leonard L. Williams Justice Center
500 North King Street
Wilmington, DE 19801
Synergy's website lets you know where things stand I'll attach the link to their website below.
https://www.synergymgtgroup.com/updates
On the custodian petitions in Delaware court of Chancery. I have no updates and we are continuing to wait on an opinion from the amicus curiae (Mr. Gentile). He was tasked with consulting with the SEC to provide an independent review on whether the petitions should be granted.
For reference:
EVCI and BSGC were assigned to Vice-Chancellor Zurn
ICRD, AVSR, AVPI, SNRY, CERX, IPUB, FRMB were assigned to Vice-Chancellor Laster
Please note, I do not have any information and I am awaiting the courts decisions on all cases. I have no opinion or insight on whether these will be granted or denied. If you have questions, please correspond directly with the courts. I am getting inundated with emails/calls and it is getting hard to respond to all. I know many shareholders sent letters of support to Chancellor Bouchard; however, I am not sure if he passed these on to the vice chancellors when he reassigned the cases. If you want to lend your support, I suggest sending a letter to the respective vice chancellor.
Court of Chancery
New Castle County
Leonard L. Williams Justice Center
500 North King Street
Wilmington, DE 19801
Synergy's website lets you know where things stand I'll attach the link to their website below.
https://www.synergymgtgroup.com/updates
