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Microcap & Penny Stocks : International Automated Systems
IAUS 0.04000.0%Jul 8 5:00 PM EST

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To: TEDennis who wrote (7616)11/14/2025 10:32:15 AM
From: TEDennis  Read Replies (1) of 7618
 
Update on Receiver's collection processing, copy pasted from the Receiver's status report on 10/23/2025

To date, 84 settlement agreements have been satisfied in full and the underlying lawsuits have been dismissed or notices were filed that the judgments were satisfied.

...

The Receiver filed suit against Becky Johnson, the former wife of Randale Johnson, to recover the value of real properties Randale Johnson transferred to her after being sued by the Receiver. The discovery deadline in this case is October 30, 2025 and a scheduling conference is set for January 13, 2026
Case no. 2:24-cv-00450-DN

...

The Receiver can begin contemplating termination of the Receivership Estate, including disposition of the records and distribution of remaining funds.

...

Greg Shepard (RIP) received $655.17 in "Royalty Earnings" that was deposited in the Receivership account.

Randale Johnson filed for bankruptcy and continues to make installment payments to pay off his judgment.

Sure is a pretty day.

TED
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