Status Conference - S-21302A-24-0079 - Cellebration Life Sciences, Inc. et al.

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Arizona Corporation Commission 7 min 8 agenda items transcribed 3 days ago official recording ↗

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What is the official purpose of the Status Conference for Celebration Life Sciences?

Brian Schneider 0:00

All right. Well, let's go on the record. This is the time set for a status conference in the matter of Celebration Life Sciences, Inc. at all. Docket number S-21302A-24-0079. I'm Administrative Law Judge Brian Schneider. I'll be presiding over this matter today. As always, we'll start by taking appearances for the record. I'll start with the division.

Catherine Fuller 0:28

Good morning, Your Honor. Catherine Fuller with the Arizona Corporation Commission Securities Division.

Brian Schneider 0:33

Good morning. And in no particular order, Respondent Deegan.

Mark Sarek 0:41

Good morning, Judge Mark Sark, Resolver Law. On behalf of the defendants, I'll respond to William Deegan.

Who are the parties appearing on the record and what roles do they represent?

Brian Schneider 0:48

Good morning. Respondent Kapadich. I mispronounce it every time. I saw you just I don't mean to rush you, Mr. Ashka. Let me move on and then you can get. Let's just move on with celebration. At all.

Alex Park 1:10

Alex Park from Weiss Brown for celebration at all.

Brian Schneider 1:16

Can you repeat your name, Sir? Alex Park

Alex Park 1:19

or Alex here

Brian Schneider 1:21

OK? Good morning. Alright Mr. Oshkari settled in. You're muted still, so you're not quite.

Paul Roschka 1:36

Regret taking me off mute. Good morning.

Why is the hearing being rescheduled and what issues are being addressed?

Brian Schneider 1:39

Good

Paul Roschka 1:39

morning. Paul Roschka and Olivia Rafferty for Tim Kopatch. Mr. Kopatch is on the screen as well.

Brian Schneider 1:49

Good morning, everyone. All right. Well, let me do this. I'll kind of just turn to the vision. It's my understanding we're really here just to kind of reschedule a hearing. You guys will let me know if there are any other matters or whatnot to discuss. But again, from my point of view, that's really the highlight. So Ms. Fuller, are there any other matters other than scheduling a hearing that you wanted to address?

Catherine Fuller 2:21

Not at this time, Your Honor.

Brian Schneider 2:23

Perfect. I guess I'll just go down the list just to make this perfect.

How do the participants handle off‑record scheduling and what dates are proposed?

Brian Schneider 2:32

So, Mr. Sarek, anything in your mind that we're going to do other than schedule a hearing?

Mark Sarek 2:42

No, Judge. That's my understanding as well.

Brian Schneider 2:44

Perfect. Mr. Oshka? The same. Okay, and I don't mean to... to silence you if you do have matters. I just wanted to make it everyone. And Mr. Bark, anything more that you're going to be wanting to do other than schedule a hearing?

Alex Park 2:59

I think with the asterisk that we would renew our request to stay the matter for all the reasons previously articulated in all the prior briefings. Perfect.

Catherine Fuller 3:08

Okay. I'm sorry. Previously articulated in all the prior?

What specific date ranges are suggested for the new hearing in 2027?

Alex Park 3:12

In all our prior briefing. Yeah. We've had

Brian Schneider 3:16

a lot of them. Okay. Have you guys had a chance maybe to put your calendars together and think of a, of a hearing or we, we can kind of go off the record and do that real quickly. Um, let's do that. Let's go off the record just cause I know scheduling can be a, a witch, um, for everyone. So, okay. We're off the record. My understanding is this is a four week, four week block we're looking at.

Catherine Fuller 3:45

Yes, your honor.

Brian Schneider 3:46

Okay. And without having probably to address whether it's going to be before or after we want some guidance, we might be looking in 2027 right now here.

Catherine Fuller 4:04

And your honor, and maybe a respondents council can help me. Did we block it for three or four weeks?

How do the division and counsel confirm the proposed hearing dates?

Brian Schneider 4:12

I don't remember to be

Catherine Fuller 4:13

honest. I'm checking right now, but that, that,

Mark Sarek 4:18

This is Mark Sarek here. I don't want to misspeak, but if memory serves, on the original scheduling order, it was maybe 13 days or something to that effect for the hearing itself, right?

Brian Schneider 4:30

OK. So maybe three full days of five days a week. Let's look at something like that. Oh, boy. OK. That one's mine. I can't do it then. December. I mean, we could probably take up here. Okay, I'm thinking January might be where we're looking, guys. And we'll go on the record and do all of it on the record, but...

What final confirmations are given before the conference is closed?

Brian Schneider 5:12

If we're looking at the first three weeks of January, are we gonna see anything that are smoking guns? Not that it's easy to anticipate 11 months out, but... And we'll have open meetings and holidays and stuff. So right now I'm kind of leaning towards the 4th through the 22nd of January. So...

Paul Roschka 5:41

Yes. This is Paul Roschka. I have a hearing, I believe it's December 7th through December 23rd, at the Corporation Commission, and I would appreciate us, if we're going to do January, starting on the 11th rather than the 4th.

Brian Schneider 6:05

I don't see why that would be a problem.