Replies to post #64186 on Hong Yuan Holding Group (HGYN)

[trader59]

It means "custody" of an empty shell carrying way more debt than was shown on those financial statements has been granted. Those statements didn't acknowledge the debt that remains to be paid if the "company" continues to exist.

[alstocks]

A guess is never a wise thing in the otc, but

for the fun of it.... I would guess-timate that

future r/m partner wanted some assurances

that the old bk would not come back & bite

him, so they asked lazar for some kind of

Official court document.... & voila....

coming next & very soon imo is the hrg date

to officially close/terminate custody, likely late

August. Good luck to all