we are at step 3 now... 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