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Re: tdbowieknife post# 90340

Tuesday, 02/13/2024 5:16:47 PM

Tuesday, February 13, 2024 5:16:47 PM

Post# of 90733
I'm not sure if the same restrictions apply for corporate receivership like this. I know in Nevada it is common for people to sue for custodianship/receivership and be granted despite being parties to the action.

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.