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Tuesday, February 13, 2024 5:16:47 PM
I just looked it up and OPTI is based in Wyoming. I only did a quick search, but 1-33-102 says no person interested in an action shall be appointed receiver except by consent of the parties.
I'm pretty sure he can be appointed receiver, he just has to swear an oath that he'll act in the best interests of all shareholders and is liable if he favors himself in any way.
But yes, ideally he would pick a neutral receiver. That's kind of the least concerning part of the current pump, though. I'd want details about the potential companies and why they would want to do a reverse merger with OPTI.
The truth is never popular.
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