Replies to post #4843 on David Lazar's OTC SPAC's/CUSTODIAN Plays

[creede]

Yep.

I know some people have a low view of custodial plays. They like to call it "hijacking".

Most (or perhaps all) of those people have a low view of the entire OTCM. They don't think it should exist, and therefore cannot like what Lazar does.

I see the OTCM as having a distinct purpose. Kinda like a Used Car Lot.

Not everybody can purchase a new car. Tote-the-Note steps in to help those people out. It serves a purpose — even if New Car Dealers have a certain bit of distain for them.

That's the OTCM in large part. An island of misfit toys.

David Lazar recycles old shells. In the process he gives old shareholders a chance to at least recoup some of their money (if they held on to them).

See this post from yesterday: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156746991

From what I can tell, Lazar has yet to flip one into a clear P&D company.

Maybe he has raised the bar on custodial plays and will give the whole process a better name.