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creede

08/18/21 4:21 PM

#31 RE: creede #30

CUSTODIANSHIP PROCESS - STATUS

IF SIMPLE AND NOT CONTESTED - IF CONTESTED OR NOT SO SIMPLE
1.APPLICATION- APPLICATION FOR CUSTODIANSHIP
2.MOTION FOR APPOINTMENT OF CUSTODIAN- THE PROCESS TO BEGIN TAKING OVER TICKER
3.CERTIFICATE OF SERVICE - PROOF THAT ALL PARTIES WERE SERVED- CAN TAKE PLACE THROUGHOUT PROCESS
4.AFFIDAVIT OF PUBLICATION- PUBLISHING TO THE PUBLIC THAT YOU ARE TAKING OVER SAID COMPANY
5.SHOW CAUSE- CAN BE A NUMBER OF THINGS.EXPLAIN/JUSTIFY SOMETHING TO THE COURT, ALSO A WAY OF EXPEDITING THE PROCESS ETC.
6.REQUIRE PROOFS OF CLAIM- ALLOWING OLD MANAGEMENT/CREDITORS TO PROVE THEY ARE OWED
7.BAR UNASSERTED CLAIMS- BARRING POTENTIAL CLAIMS
8.MOTION TO TERMINATE CUSTODIAN- THE PROCESS OF LEAVING THE TICKER SO IT CAN BE SOLD

OTHER COURT ORDERS DEPENDING ON TICKER/ISSUE
A- STATUS CHECK - REVIEWING THE STATUS
B- IF CONTESTED -MOTION TO VACATE/OPPOSITION TO CUSTODIAN

https://investorshub.advfn.com/Custodian-Ventures-OTC-Lazar-Plays-38953/

greybeard34

08/18/21 4:24 PM

#32 RE: creede #30

Interesting. Hopefully they clue us in soon