Update 3/19/21

 The hearing for BABL (Buildablock Corp.) has been set for April 23, 2021.

The hearing on UVSS (Universal Systems, Inc.) has been set for April 16th, 2021. This is the case where I am not the direct party bringing the action, but I have agreed to be appointed custodian if the case is successful.

On IVME (In Veritas Medical Diagnostics, Inc.) the previous officer elections/acceptance were rescinded. The officer (Michael Schmazian) had an issue that did not allow him to continue with the company. A new officer has been elected. David Ajemian has been appointed as sole officer. See link for David’s bio http://www.unitedlions.co.uk/team.html.

On the Delaware petitions Vice Chancellor Laster has written an opinion and appointed an amicus curiae (friend of the court / impartial adviser). The appointment is/will be Mark J Gentile of Richards, Layton & Finger, PA. He has asked this appointment to consult with the Securities and Exchange commission (SEC) to provide an independent review on whether the petitions should be granted. Apparently, Mr. Gentile has experience interacting with the SEC as he previously served as receiver for Calypso Wireless. I have no indication what the SEC’s response will be to Mr. Gentile and what their stance is on custodian appointments/petitions. I believe this action covers all the Delaware petitions however two of the cases are with a different Vice Chancellor (Zurn) so I am not entirely sure what the process will be with those (EVCI & BSGC). From my understanding Mr. Gentile has 30 days to report back to the court with his findings.