Apr. 1 at 10:36 PM
$BLSP
This answers the post below. Catapeed and I had a lengthy exchange, and he realized that we are talking about 2 different scenarios. So in a flailing effort, he decided to make an OP to "scare" everyone. Here are the facts:
You’re mixing up the old operating company with the Nevada shell.
The
$56M liabilities belonged to the dissolved subsidiaries — the Delaware receiver already separated those years ago.
The public shell has no active debt, no officers, no board, no claimants.
Nevada custodianships for abandoned shells aren’t the
$200K contested cases you’re describing. BLSP is uncontested and debt‑free — the exact low‑cost category under NRS 78.347.
Reimbursement doesn’t come from “existing assets.” It comes after reinstatement through new capital, merger funding, or sale of the shell — which is how every Nevada revival works.
Your examples (Spotlight, GOFF) involved active companies with insiders and disputes. BLSP is a clean, abandoned shell. Different universe entirely.