$LZGI / $GNS update:
New court filing is big. Plaintiffs are asking the FL court for permission to use discovery to re-file claims against Michael Carter in PA federal court.
Key points from the motion 👇
• Carter was dismissed earlier ONLY on jurisdiction, not merits
• Discovery now shows Carter was co-founder + de facto officer, not just an “advisor”
• Allegedly helped raise tens of millions, shaped financial model, directed acquisitions
• Knew funds were missing + filings not done, yet allegedly helped conceal misconduct
• Allegedly received ~20M shares tied to covering up wrongdoing
• Plaintiffs want to reuse discovery to meet federal pleading standards
This suggests the case is expanding, not shrinking, and pressure is increasing on former insiders.
$GNS / $LZGI Why the LZG case helps GNS
LZG case already has final default judgment against Moe & Ritz = fraud + breach legally established. This matters for GNS because:
• Court-proven fraud record → usable in GNS RICO & related cases
• Forced discovery → bank records, asset transfers, share issuances, post-2024 docs
• Disgorgement of GNS stock explicitly sought → supports dilution & manipulation claims
• Pattern of conduct across companies → strengthens RICO “enterprise” theory
• Rising damages pressure → cooperation > bankruptcy (fraud judgments survive)
it opens the books and locks in facts GNS can use.
LZG is the evidence pipeline. GNS is the next domino.
$GNS $LZGI let's see what happens to Moe and Ritz as mediation will fail instantly on Dec 16th for LZG shareholders case without Moe and Ritz handing over the financials / bank statements etc that have been ordered by the judge.
Lzg already pushing for those documents and want them now and for Moe and Ritz to be sanctioned.
Judge is pissed at them for clearly delaying as usual.
$GNS $LZGI If the judge doesn’t force the books open BEFORE Dec 16… for mediation
…they will be forced open after the failed mediation, with penalties attached.
…and LZGI/GNS cases get even STRONGER.
Moe & Ritz cannot run out the clock.
They only dig a deeper hole.
$GNS / $LZGI
LZGI still hasn’t produced any responsive docs from the Oct 16 request — mediation set Dec 16, depositions in Jan, and LZGI claims they don’t need to produce until Dec 31.
Court previously ordered full books & bank statements (July 25), but LZGI only gave partial 2024 records, months late. Plaintiffs push Motion to Compel + Sanctions.
Meanwhile, GNS subpoenaed — helping uncover fraud, missing shares, and mismanagement.
Key catalysts: Dec 16 mediation + Dec 31 discovery cut-off = transparency incoming. Could be bullish for $GNS & LZGI shareholders.
$GNS $LZGI Adeptus Advisors, LLC = accountants / financial advisors / auditors. They hold the receipts 📄💰
Plaintiffs = subpoenaed Adeptus on Oct 22 → got documents
Defendants (Moe & Ritz) = just filed asking plaintiffs:
👉 “Give us copies of everything Adeptus produced.”
Translation: defense wants to see what evidence plaintiffs have.
💥 Why it matters: If Adeptus docs show financials that hurt Moe & Ritz → potential win for plaintiffs → bullish for $LZG shareholders.
Adeptus = receipts, plaintiffs = got them, Moe/Ritz = now scrambling to see them 👀
$GNS $LZGI legal update — things heating up fast:
Mediation officially set for Dec 16 @ 10AM on Zoom with a high-profile mediator (Lance Harke). That’s the court-mandated attempt to settle, but the real drama is in the filings.
Plaintiffs just dropped a heavy Motion to Compel + Sanctions, accusing LZGI of straight-up stonewalling discovery. Timeline:
Plaintiffs asked for docs back on Oct 16
Due Nov 17
LZGI got a 2-day extension
Then delivered basically nothing: just an 11-page doc with vague statements
Plaintiffs asked if it was a mistake — LZGI said nope, and claimed they don’t plan to produce anything until Dec 31 (last day of discovery)
Plaintiffs say this violates FL rules, is part of a pattern of delay, and is actively hurting the case. They want the judge to force immediate production and hit LZGI with sanctions + attorney fees.
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