AI
Information CUSTODIAN PLAYS
[-chart]preview.redd.it/rrtn41gecos61.png?width=860&format=png&auto=webp&s=03d496d6a710565da78c16242fdd45e0b2554483[/chart]
+*+*+* - A VERY BASIC overview of the custodianship step by step court process
(Taken from: https://investorshub.advfn.com/Custodian-Ventures-OTC-Lazar-Plays-38953/ )
1.APPLICATION- APPLICATION FOR CUSTODIANSHIP
2.MOTION FOR APPOINTMENT OF CUSTODIAN- THE PROCESS TO BEGIN TAKING OVER TICKER
3.CERTIFICATE OF SERVICE - PROOF THAT ALL PARTIES WERE SERVED- CAN TAKE PLACE THROUGHOUT PROCESS
4.AFFIDAVIT OF PUBLICATION- PUBLISHING TO THE PUBLIC THAT YOU ARE TAKING OVER SAID COMPANY
5. SHOW CAUSE- CAN BE A NUMBER OF THINGS.EXPLAIN/JUSTIFY SOMETHING TO THE COURT, ALSO A WAY OF EXPEDITING THE PROCESS ETC.
6.REQUIRE PROOFS OF CLAIM- ALLOWING OLD MANAGEMENT/CREDITORS TO PROVE THEY ARE OWED
7. BAR UNASSERTED CLAIMS- BARRING POTENTIAL CLAIMS
8.MOTION TO TERMINATE CUSTODIAN- THE PROCESS OF LEAVING THE TICKER SO IT CAN BE SOLD
*OTHER COURT ORDERS DEPENDING ON TICKER/ISSUE
A- STATUS CHECK - REVIEWING THE STATUS
B- IF CONTESTED -MOTION TO VACATE/OPPOSITION TO CUSTODIAN
+*+*+* - Some recent custodial plays to use as reference and learn from.
(Taken from the following link -
https://investingbulletin.com/2021/02/pink-sheet-custodial-investments-now-attracting-reddit-traders-surpassing-prior-otc-records/ )
Some Recent OTC Custodial Plays
$MSTO – Masterbeat Corp. was a reverse merger custodial change, where SBQ Holdings, a real estate and precious metals asset company, became a subsidiary. The stock was only $.007 in June of that year and hit a 52 week of $0.35 later that month (an increase of 5,000%).
$EXLA – Helmer Directional Drilling is a custodial play. In mid-September of that year EXLA could be bought for as cheap as $0.002/share and has since peaked at .0149 (nearly a 750% gain)
$KDCE – Kid Castle Entertainment is a reverse merger play. In mid-September of that year KDCE traded at around $0.03/share and hit a high of $2.50 (an 8,333% increase) on filings that a cannabis company was rolling on in from custodial change paving the way.
$ADIA – Adia Nutrition just had takeover in 2019, while ADIA traded as low as $0.0018/share and today it hit a new 52 Week high, reaching $0.054 intraday (a massive 3000%)!
$CRVH – Chilco River Holdings Inc. had its takeover Granted by the courts, but all of its action seemed to have happen when it was revealed the court date was in progess. This made CRVH trade for .004/share and soared to $0.06 simply by the courts waiting for a custodial decision for a 1500% return!
[-chart]preview.redd.it/rrtn41gecos61.png?width=860&format=png&auto=webp&s=03d496d6a710565da78c16242fdd45e0b2554483[/chart]
+*+*+* - A VERY BASIC overview of the custodianship step by step court process
(Taken from: https://investorshub.advfn.com/Custodian-Ventures-OTC-Lazar-Plays-38953/ )
1.APPLICATION- APPLICATION FOR CUSTODIANSHIP
2.MOTION FOR APPOINTMENT OF CUSTODIAN- THE PROCESS TO BEGIN TAKING OVER TICKER
3.CERTIFICATE OF SERVICE - PROOF THAT ALL PARTIES WERE SERVED- CAN TAKE PLACE THROUGHOUT PROCESS
4.AFFIDAVIT OF PUBLICATION- PUBLISHING TO THE PUBLIC THAT YOU ARE TAKING OVER SAID COMPANY
5. SHOW CAUSE- CAN BE A NUMBER OF THINGS.EXPLAIN/JUSTIFY SOMETHING TO THE COURT, ALSO A WAY OF EXPEDITING THE PROCESS ETC.
6.REQUIRE PROOFS OF CLAIM- ALLOWING OLD MANAGEMENT/CREDITORS TO PROVE THEY ARE OWED
7. BAR UNASSERTED CLAIMS- BARRING POTENTIAL CLAIMS
8.MOTION TO TERMINATE CUSTODIAN- THE PROCESS OF LEAVING THE TICKER SO IT CAN BE SOLD
*OTHER COURT ORDERS DEPENDING ON TICKER/ISSUE
A- STATUS CHECK - REVIEWING THE STATUS
B- IF CONTESTED -MOTION TO VACATE/OPPOSITION TO CUSTODIAN
+*+*+* - Some recent custodial plays to use as reference and learn from.
(Taken from the following link -
https://investingbulletin.com/2021/02/pink-sheet-custodial-investments-now-attracting-reddit-traders-surpassing-prior-otc-records/ )
Some Recent OTC Custodial Plays
$MSTO – Masterbeat Corp. was a reverse merger custodial change, where SBQ Holdings, a real estate and precious metals asset company, became a subsidiary. The stock was only $.007 in June of that year and hit a 52 week of $0.35 later that month (an increase of 5,000%).
$EXLA – Helmer Directional Drilling is a custodial play. In mid-September of that year EXLA could be bought for as cheap as $0.002/share and has since peaked at .0149 (nearly a 750% gain)
$KDCE – Kid Castle Entertainment is a reverse merger play. In mid-September of that year KDCE traded at around $0.03/share and hit a high of $2.50 (an 8,333% increase) on filings that a cannabis company was rolling on in from custodial change paving the way.
$ADIA – Adia Nutrition just had takeover in 2019, while ADIA traded as low as $0.0018/share and today it hit a new 52 Week high, reaching $0.054 intraday (a massive 3000%)!
$CRVH – Chilco River Holdings Inc. had its takeover Granted by the courts, but all of its action seemed to have happen when it was revealed the court date was in progess. This made CRVH trade for .004/share and soared to $0.06 simply by the courts waiting for a custodial decision for a 1500% return!
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