David Lazar's OTC SPAC's/CUSTODIAN Plays

[lumpy9200]

https://www.youtube.com/watch?v=-lU84u2YqgQ&t=7s Yes, all pink no info is included. And this is saying by June. This effectively kills all reverse merger/custodianship plays that we have all made so much money on throughout the the years. No one can convince me otherwise. This is BAD

Ok, I'll give it a shot. I don't think there will be much change at all to reverse merger/custodianship plays. The only difference will be that the dormant shell that gets merged into/taken over by a custodian will be on the greys ("Expert Market"), instead of the OTC BB "pink sheets" like they are now. I don't see any reason why anything changes. Want-to-be-custodians like David Lazar can seek to take control of a stock on the greys just as easily as one on the pinks. If anything, it will be even easier for them. I bought WSGF when Lazar filed to become custodian, and he lost as you may know (or he gave up because he was likely to lose, I don't remember exactly which). There's no chance of existing ownership convincing a judge they should keep control when they've let the stock fall all the way to the greys. So a custodian takes control of the stock, gets the filings done so it becomes current, the CE can come off, and the stock can get reinstated to the pinks. A potential buyer of the shell that plans to reverse merge into it can play it safe and wait for the custodian like Lazar to get the stock reinstated to the pinks, or buy the shell before that even happens (and do the final work themselves). And this would be the same for reverse mergers where there is no custodian. I already occasionally buy stocks that are on the greys, and will continue to buy ones I think are good custodianship/reverse merger candidates. Sure, we won't be able to buy ones with a CE, but many don't have that designation.

Do you see any reason why this can't be the case?