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Re: None

Friday, 06/27/2025 7:20:27 PM

Friday, June 27, 2025 7:20:27 PM

Post# of 8392
HLAVSA's most recent pennyturd since 2015 is Environmental Packaging Technologies Holdings (EPTI) which has been solidly at 0.0001 for many years.

https://investorshub.advfn.com/Environmental-Packaging-Technologies-Hldgs-Inc-EPTI-27672

EPTI is nott just Expert Market and Defunct, it has a Caveat Emptor skull and crossbones as well. Hlavsa seems to be a functional receiver; terminally ill companies hire such finance persons at the end to wind down any assets and pay claims of the corporation. They function similar to real liquidation bankruptcy trustees/receivers butt avoid the need to file bankruptcy if the assets, once liquidated, can pay all or most of the creditor claims - and of course pay the receiver's fees and costs. The yobb is much like a mortician - doing the stuff needed between a death and the grave or crematorium - and, like a mortician, making a nifty fee for doing the dirty work nobody else wants to do at the end.

These scavenger financial folks make a decent living doing this and build up a lot of experience over time which makes their yobbs easier and more efficient. They won't gett rich doing it, butt it's a career with generally low stress - nobody is beating them upp over quarterly performance or operations - and they make decent upper middle class income. Nobody is calling or emailing them with urgent matters. Again, similar to morticians. IMO, it's a pretty good gig for a low-stress life. I've met a couple of guys who do this, as one of the assets of defunct/end-of-life companies is intellectual property which needs to be sold off, and any ~OUTTstanding IP claims by the company or against the company must be finally settled. It seems to be a pretty chillax career, doing basic business accounting without the stress and performance anxiety. They usually get the titles so they can sign off on contracts etc. as authorized officers of the company. They usually work solo with one or a few office staff to do clerical work for the wind up/wind down. These corporation morticians are accounting/finance dudes who generally have accounting/finance experience from operating companies earlier in their careers and then step into the mortician role later in life. In law this would be similar to transitioning (semi-retiring) from a regular legal practice to specializing as a dispute mediator/negotiator/arbitrator where one acts more as a mini-judge rather than advocating for either side in a dispute. In the law biz, it can be required to take certain training courses to be arbitrators for AAA/ICDR arbitrations, and arbitrators are generally over 50 years old (nott always, butt often in serious complex commercial litigation) as they need the operational experience of a decade or more to be effective deciders of fact and law in complex commercial disputes. Being an arbitrator/mediator is also a good gig - butt it has more stress than a financial mortician as the matters and parties in dispute are adversarial and contentious. These types of lower stress gigs are a form of career capstone and one can ride them easily deep into the retirement years - they are less than full-time yobbs butt enuff to keep one innerested, travel on expensed trips and lodging sometimes, make a decent buck, and most importantly gett paid with little risk of non-payment. And with generally very little stress.

Think of him as a pennyturd undertaker. He's the last person to handle the bodies of pennyscam turds and dispose of them into the pennyturd cemetery. At least, AFAWK, he is nott using BWVI as a vehicle to pay for his hobby diving like Capn Keith did.

Like EPTI and others, BWVI will just float about as a zombie ticker for years until FINRA eventually getts around to cancelling the ticker.





Clean-up crew needed




Some links re: legal arbitrators/mediators - not what HLAVSA is doing, butt a somewhat similar gig
https://www.icdr.org/
https://law1a.nus.edu.sg/admissions/pdfs/LLM_IADR.pdf
https://go.adr.org/icdrrules
https://www.pon.harvard.edu/daily/dispute-resolution/what-is-alternative-dispute-resolution/

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