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SHSNQ: SEC Admin Proceeding for Financials delinquencies.
http://www.sec.gov/litigation/admin/2016/34-77133.pdf
I plan on being out pretty shortly. But I'll probably dabble in both and try to flip some.
its just a flipper I have dabbled in .. but many got BURNED bigtime in it thru the years with A/S & R/S and mergers, Ceo/Cfo changes, eerily similar...
So is that one to play with? IARO? It looks a lot like qasp......
unrelated to this post (they have me on a 3 post ban on Deans cult following board) but the whole "aircraft/helicopter spare part, were going to make a million dollars" trick... has already been worn out by similar tactic by the ceo of IARO, maybe someone should have told dean he is a copycat
As a door nail! All losses "VERY LOST" Dead and gone!
Scrap this and move on!
it's been dead, stop over our place it's not dead.... http://investorshub.advfn.com/boards/board.aspx?board_id=17140
played PLTGQ.0018 to .013 yesterday
Isn't this company dead?
If they send my account some shares I would moderate this board and have it on my disclaimer as such.
lost quit a bit on this one
If you decide to Day Trade stop over sometimes, link is below..
Best
sc
I have not watched this one took my losses and ran away, because the gave me the run around plus had some help losing on this too.
They sold the casp ot of the debentures
haha Yeah, the board is. Don't know about the company. There was talk about a new law suit being formed, but I don't believe that ever materialized. Wish it would have though, because they stung me for over $2k.... ouch....
Just checking back on my old old posts, is this place still around?
Makes Sense..
But the wishful thinking bug keeps saying, "Maybe they'll come back online and reinstate the shares that got crapped on within that short trading window of shares that should have never been allowed to trade"
They've also encouraged the purchases of those “never reported of being already dead” shares, by releasing a Press that bragged about their emergence from bankruptcy, (worded to as if it was a turn for the better), but never mentioned they were unlisted for trading, so where then did the proceeds of those trades go? -'DD' only shown finger pointing and more wrongful and misinformed processes that occurred under the SEC's PAID watch.
Well, I've already wrote this off to the IRS as a tax loss claim
I'll be getting back 75% of my losses here, which is better than a 100% total loss as it were.
And if the IRS and the SEC continues to allow companies like these to get by them into the market and operate as they do, then the government is making pointless efforts in curbing unnecessary spending only to have those savings REFUNDED on wrongful tax losses like these.
But these could have been avoided if the government's own affiliated entities had DONE THEIR JOBS.
Oh well, guess it's just "is what it is."
Maybe its because we are going forward with a class action suit.
WOW! I came here by accident and notice this forum is still up and open for a stock that's completely dead and no longer listed.
This is ODD, as I understand that usually a forum for dead non-trading stocks are removed.
LOL!
Oh well...
I guess this forum is kept opened to give whiners and moaners a shoulder to cry on.
Napkins anyone?
NO, losses are not recouped here. But you CAN always claim (recoup) much of your losses here when you file your taxes next year!
This is why I'm not so bothered by the outcome of this stock.
Many of those who are uninformed of their trading options are disgruntled.
But those who are, simply claim their losses on their taxes and move on.
But like I've been saying, the IRS will be getting their butts kicked next tax season. All the losses in these pinksheets will be claimed. LOL!
So get your 1099 TAX forms ready!
You'll be needing it!
Oh but how can you claim capital losses on this stock if you cant sell it?
simple!
Contact your brokerage and suggest a "Sell Worthless Security" option.
They'll buyout the security (this stock), from your portfolio for a penny, plus fee and that is as if you've sold your position for a penny.
Meaning, whatever you originally bought your position for, you've lost all but 1 cent.
That is your claim on your taxes next year!
So, all is never quiet lost!
(Wink-Wink!)
But also remember, this is a pinksheet stock!
They can just as well reinstate their current CUSIP status, Reactivate your shares, now sitting worthless under a Cusip, and go to 50 cents!
LOL!
(The likelihood that'll happen is next to the powers of impossible. But you never know with these pinks.)
But, I have a question, if this stock is complete toast, why is this forum still up for chatting?
Usually a forum is removed on non-trading Delisted stocks.
NO, losses are not recouped here. But you CAN always claim (recoup) much of your losses here when you file your taxes next year!
This is why I'm not so bothered by the outcome of this stock.
Many of those who are uninformed of their trading options are disgruntled.
But those who are, simply claim their losses on their taxes and move on.
But like I've been saying, the IRS will be getting their butts kicked next tax season. All the losses in these pinksheets will be claimed. LOL!
So get your 1099 TAX forms ready!
You'll be needing it!
Oh but how can you claim capital losses on this stock if you cant sell it?
simple!
Contact your brokerage and suggest a "Sell Worthless Security" option.
They'll buyout the security (this stock), from your portfolio for a penny, plus fee and that is as if you've sold your position for a penny.
Meaning, whatever you originally bought your position for, you've lost all but 1 cent.
That is your claim on your taxes next year!
So, all is never quiet lost!
(Wink-Wink!)
But also remember, this is a pinksheet stock!
They can just as well reinstate their current CUSIP status, Reactivate your shares, now sitting worthless under a Cusip, and go to 50 cents!
LOL!
(The likelihood that'll happen is next to the powers of impossible. But you never know with these pinks.)
But, I have a question, if this stock is complete toast, why is this forum still up for chatting?
Usually a forum is removed on non-trading Delisted stocks.
whatever happened with this? Was anyone able to recoup there loses?
Follow that link that I posted in the other message. You will probably have to create a gmail account and don't let others here discourage you from joining. Who knows they might be from Shearson themselves.
It wont work! just file it off on your next tax returns.
We have another lawyer that is taking the case and we are trying again.
That attempt was tried and failed. this is a dead fight. Read back on the posts, you see a class action lawsuit attempt did occur but failed.
You'll never likely recover any losses here.
In about 3-4 months from now, you'll be writing this off on your taxes.
just get out your 1099-tax form and wait till tax season.
The IRS will already up to their ears with billions of soon to be claimed "Capital losses" that incurred from this years market crash and other Tax refunds filings in the tax season of 2010.
And finally, if this stock is no longer trading, why the hell is this forum still post’able?
Stocks That were already no longer listed for trading usually have their forums removed. That is, unless, 'Shearson Financial Network' is planning to be reinstated and begin trading again. (wink-wink).
Or the iHUB is getting Lazy..
Hey if someone can explain how to join the club, I will be happy to
fill out whatever I have to.
Join the Shearson Financial class action suit.
The day that Shearson Financial came out with news that they were coming out of Bankruptcy, the stock continued to trade. I believe that Shearson was supposed to cancel their shares and they wouldn't have traded. Many of us traded those shares in good faith that the shares were actually still worth something. Now they aren't.
There is a group of us shareholders that are getting together and have an attorney that will file a class action suit against Shearson financial. Anyone interested in joining can contact the google group message board and join us in the class action suit.
http://mail.google.com/mail/#inbox/1247f465904da6de
If you got stuck that day holding worthless shares, please contact us on the google board.
I don't believe the company made money from shares after the bankruptcy emergence. The shares were sold on the open market.
I have a feeling that this is the end of it.......
Well, I hope someone else pushes the issue. However, if not, I guess I will claim it in April 2010 for the 2009 tax year. I hope some people will contact Kraatz directly and discuss the matter with him. I certainly don't see him fielding a call from me...
So are you going to write it off then?
I agree with you 100%.... Just because our lawyer bailed based on a hollow threatening email from a crook, does not remove the "defendant" from liability. However, in order to force them to be accountable for their actions, we will have to take them to court.
Heck, I would be more than happy just to get the same $ amount of shares in their next public company if they are ever allowed to go public again...
Somehow, I knew this Lawsuit would fail. I didn’t want to post that because it just might have gone over. I would have been surprised but satisfied.
But I've always had a bad feeling about this.
AND upon exiting from Bankruptcy, their stock should not have been able to trade if it was being cancelled or to become unlisted for trading.
Their company took in MONEY after their emergence from Bankruptcy for shares that should not have been available for trading.
Investors purchased their shares “AFTER their emergence from Bankruptcy” as the results of a positive persuasive press release that was later found to be Misleading and Negligently written.
The fact that they were found at fault beyond a shadow of doubt, involves them to have caused reasonable damages.
If the pending lawsuit is being nullified, the company should on the grounds of their play in damages, refund the monies of all shares purchased after the bankruptcy through to the stock delisting.
We can point fingers all we want as to why did those shareholders purchased the stock.
But as with stocks, NEWS is the leading and driving factor behind most purchases of shares in a company. This company’s news incited the purchase. Had the NEWS been honest and complete in its entirety, I guarantee the purchases of shares from this company would not have happened. I refuse to believe the insiders were not thinking the same.
I think the insiders of this company knew damn well that were doing when they released their PR the way they did.
Had they’d given complete disclosure, there would have been massive sell-offs which would have negatively affected their “Close-Out” bottom line.
Either they refund those shares and minimize the monies the IRS will be refunding when those losses are claimed next year.
Or do nothing and increase to the monies the IRS will be refunding when those losses are claimed next year.
Doesn’t matter either way the shareholders who’ve incurred losses here will get either all or most of these losses back between this company and/or the IRS.
And I’m sure the lesson was well learned.
Yes, that about sums it up.......
We could refile with a different lawyer, but someone else is going to have to find the lawyer this time.
We know the SEC is investigating Shearson, so maybe they will find they have done wrong and fine them accordingly.
I can't believe Walden folded so easily. Glad he wasn't defending a person in a murder trial. He would agree to a court room execution before the case was even heard.
VERY expensive learned for me....
That doesn't change my belief that Shearson is liable for what occured though.
Disappointing..........so are we screwed then?
It's over folks. Nothing is coming.
Our attorney has bailed on us.
Here are some recent letters:
_____________________________________________________
1. From Harry R. Kraatz to our attorney:
From: HRKRAATZ@aol.com
Date: September 22, 2009 12:58:46 PM CDT
To: rwalden@waldenlawfirm.com
Cc: info@waldenlawfirm.com
Subject: Ricke v. Shearson Financial Network Inc.
September 22, 2009
Richard Earl Walden
Walden Law Firm, PLLC
8201 Cantrell Road
Suite 315
Little Rock , AR 72227
Re: Ricke v. Kraatz
Dear Mr. Walden:
I am writing in furtherance of my telephone call to you on September 8, 2009 as well as our call yesterday.
While I have not seen the complaint, I have elected to personally respond to your allegations in an attempt to minimize damages and legal fees.
Your careless complaint - allegations which with a modicum of investigation you could have quickly found to be groundless – have disparaged my reputation and the resulting internet postings have caused me damage, personal embarrassment and have threatened my ongoing business activities.
For the record, I made arrangements to have Shearson’s counsel, Greg Garman, call you to advise you of the facts surrounding this case and to make it clear to you that: (1) I have not done business in Arkansas nor have I ever been to Arkansas; (2) I acted in good faith and did not act outside my corporate area of responsibility and the press release was issued on the advice of counsel; and (3) I did not nor did the company buy or sell a share of stock or benefit in any way from the attorney recommended and approved corporate, press release.
Furthermore, I offered to provide you with documentation supporting these facts as represented by both Mr. Garmen and myself. The information I offered, included but was not limited to, various and numerous shareholder and bankruptcy disclosures, including two previous S.E.C. filings and emails from Shearson’s counsel regarding the disclosures. Your abject refusal again yesterday to even consider making a reasonable inquiry eliminates your ability to attest that your claims are well founded. I’m told such conduct, whether negligent, reckless, or intentional, should carry sanctions and consequences including those either under Rule 11 of the Federal Rules of Civil Procedure or under Arkansas Law.
As a courtesy, I grant you and your client 72 hours to dismiss this lawsuit as it relates to me. Should you have any questions you can reach me at (415) 388-1500. If you fail to do so, upon a favorable verdict, I will proceed with a malicious prosecution action against both you and your client for filing this frivolous suit.
Sincerely,
Harry R. Kraatz
Harry R. Kraatz
President
Shearson Financial Network Inc.
921 Front Street
San Francisco, California 94111
(415) 388-1500
____________________________________________________________
2. From our attorney to the lead complaintants after receiving the letter from Harry Kraatz:
From: Richard Walden [mailto:rwalden@waldenlawfirm.com]
Sent: Tuesday, September 22, 2009 2:13 PM
Subject: Fwd: Ricke v. Shearson Financial Network Inc.
Mr. ****:
Please see the email below. I would like to dismiss this case and/or withdraw from this matter. Please let me know if you would like to get new counsel. Thanks.
Richard E. Walden
Walden Law Firm, PLLC
8201 Cantrell, Suite 315
Little Rock, AR 72227
501.907.7000
*** Walden then inserted a copy of the email listed above (1.)
____________________________________________________________
3. From our attorney to the two lead complaintants after the lead complaintants tried to talk Walden into staying on the case:
From: Richard Walden [mailto:rwalden@waldenlawfirm.com]
Sent: Tuesday, September 22, 2009 3:19 PM
Subject: Re: Ricke v. Shearson Financial Network Inc.
Mr. ****:
I have taken this matter on a contingency basis, meaning I am out of pocket money and time in pursuing your matter that will not be recovered. I knew before this matter was filed that a scienter issue existed and that the likelihood of recovery was slim. Nevertheless, I spent my own time and money on pursuing it.
I have spoken with the only defendant Mr. Kraatz and his counsel about Mr. Kraatz's involvement. I cannot in good faith continue with this matter given the fact that Mr. Kraatz did not have any financial incentive for issuing an allegedly misleading press release.
The SEC will not speak to me about its investigation. I do not believe that the press release was intended to induce investors to purchase the stock given that Mr. Kraatz had no financial incentive in doing so. Mr. Kraatz may have been negligent in issuing the press release, but that does not amount to fraud. Further, it was disclosed by Mr. Kraatz before the bankruptcy was even filed that Shearson would cancel the shares of stock.
Please let me know whether you intend to obtain other counsel so that I may speak with them about filing the requisite documents to take the case over. If this matter is dismissed, it will be without prejudice, so you will have the ability to re-file if you choose. Please let me know. Thanks.
Richard E. Walden
Walden Law Firm, PLLC
8201 Cantrell, Suite 315
Little Rock, AR 72227
501.907.7000
______________________________________________________________
Sorry folks. I certainly DO NOT agree with Walden nor am I affraid of Kraatz's hollow threats. However, there is no way we can force Walden to stay on the case. Walden probably figured this case was small potatos and when Kraatz sent him that totally BS letter, he immediately bailed like a coward.
***Kraatz's and Walden's info is provided in their emails if you wish to contact them directly and discuss the matter with them.
Sorry it turned out this way. If one of you find another attorney and want to push the issue, please contact me, because I will deffinitely fight these crooks with you.
lol,
if only it were so easy.
have there been any precedents where settlement was reached ? on a pink sheet stock ?
Its a waiting game now....just waiting for the settlement check to arrive..........
I did sign up and was in communication w/ attorney. Haven't heard much. Anybody know what Mike Barron is up to these days?
......!! BOO !!......
I dont know, it's been so quiet here.
Are we all waiting for the Results?
GENERIC -- I also need you to please contact me ASAP.
My email address is Law-Dawgs-Lair@hotmail.com.....
Willy1015 --- Need you to contact me ASAP....
I only have the FREE account, so I can't send you a private mesage through IHub.
Please email me at Law-Dawgs-Lair@hotmail.com........
OK, FILING DEADLINE IS OVER! -Windows Closed for anyone who've missed the window of joining in the class action lawsuit, set by Walden Law Firm PLLC.
Although you're not part of that lawsuit, the statue of limitation is still open if you care to file your own.
other than that, write it off.
Getting something is better than nothing.
After all the smoke clears, how the hell is 'Shearson Financial Network' going to proceed on investor's interests now that their reputation has been tainted in this manor?
oh well, there goes the plans for new company..
well, under the current name anyways.
In ether case, the dust from this whole process will settle by next month.
LAST CHANCE TO SIGN UP FOR THE CLASS ACTION!!
After today, all shares can be legally wiped out!
well, like I said, all wont be quite lost though.
you can always claim all incurred losses here, on your next TAX filings.
Uncle Sam will share in the losses.
Maybe if enough of people start claiming losses that occurred under these conditions, Then Uncle Sam, (The IRS and the SEC), might start cracking their whips, in the right places, HARDER!
Any info send to Walden Law Firm -also the - Deadline 08/18/09
We're coming to the wire if you haven't registered do it by tomorrow @
--- http://www.waldenlawfirm.com/Cases/Shearson/Shearsoncertification.html
If you have info send it to shearsonlitigat...@gmail.com
I sent them a copy of the news from 05/07/09 --anything you think will
help our case please send. GLTUA
Class Action Lawsuit signup window ends on the 15th.
After the class action date, all pending claims are nullified.
They can legally retire all old shares without further obligations to shareholders who were injured.
They'll likely THEN activate the new company which seems to have been placed on hold as a result of this class action lawsuit.
But I don’t doubt they'll do an R/S at some point under the new company as a means to recapture any payouts they may make to the pending lawsuit attached to their old retired company.
Because these pinks just sucks like that.
Read back through the posts; it will be worth your time. There are instructions for joining a class action lawsuit and the deadline is around August 15th.
Shareholder...need assistance.
Hello, Just was reading this, I bought this after it "came out of bk". Now stock with junk. Is there anything going on to assist thsoe that got in when this thing should not have been trading?
Any assistance is appreciated. Thx
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****Shearson Financial Network Inc. Emerges From Bankruptcy****
SAN FRANCISCO, May 7, 2009 /PRNewswire-FirstCall via COMTEX/ -- Shearson Financial Network Inc., a financial services holding company that conducted diversified mortgage banking and brokering operations (Pink Sheets: SHSNQ), announced today that it successfully emerged from bankruptcy on May 7, 2009. On February 25, 2009 the United States Bankruptcy Court "Confirmed" Shearson's First Amended Joint Plan of Reorganization.
Mr. Harry R. Kraatz, the newly appointed Chairman and Chief Executive
Greg Garman, bankruptcy counsel with the law firm of Gordon Silver said, "In these challenging times it was encouraging to work with Shearson and its creditors to get the company restructured and out of bankruptcy within a matter of months."
Shearson Financial Network Inc. is a financial services holding company that conducted diversified mortgage banking and brokering operations and is a provider of both traditional and online mortgage services to a diversified customer base consisting of mortgage lenders, mortgage brokers, real estate agents and consumers.
Profile
Shearson Financial Network, Inc.
2470 St Rose Parkway
Suite 314
Henderson, NV 89074
United States - Map
Phone: 702-868-7900
Company Web Site: http://www.shearsonfinancialnetwork.com/
Investor Relations: None
Transfer Agent: Continental Stock Transfer & Trust Company
Shareholders seeking information or assistance may contact Continental at 212.509.4000 ext. 206, or by e-mail at cstmail@continentalstock.com.
DETAILS
Index Membership: N/A
Sector: Financial
Industry: Mortgage
BUSINESS SUMMARY
Shearson Financial Network, Inc. operates as a direct-to-consumer mortgage broker and banker. The company originates mortgage loans and home equity loans in the United States. Its mortgage loan products include conforming mortgage products, which are adjustable and fixed rate loan programs; alternative A/sub prime mortgage products; fixed rate amortizing and fixed rate with a balloon payment programs; JUMBO loans, which are adjustable and fixed rate loan program; and fixed-rate first mortgage loans. As of December 31, 2005, Shearson Financial Network operated through 28 retail branches in 12 states. The company was founded in 2000. It was formerly known as Blue Star Coffee, Inc. and changed its name to Consumer Direct of America in 2002. Further, the company changed its name to Shearson Financial Network, Inc. in June 2006. Shearson Financial Network is headquartered in Las Vegas, Nevada.
Shearson Home Loans has grown overnight to be the leading consolidator of mortgage brokerage businesses across the country. The Company currently employs over 500 people, and operates branch locations in over 33 states. Shearson has acquired five companies over the last two years and leases in excess of 54,000 sq. ft. of administrative and branch office space throughout the nation. Emerging as a national leader in mortgage brokerage and ancillary services, the Company plans to continue to expand its regional hubs via acquisition or via joint venture. The Company is aggressively looking for regional representation throughout the United States.
[chart]www.realtyclipart.com/mainpageimages/freeclipart/for_sale_01171.gif>
Authorized 300,000,000
4,689,988 shares of Common Stock outstanding as of September 30, 2007.
MAJOR DIRECT HOLDERS
Michael A. Barron - Chairman & CEO
From March 1995-1998, Mr. Barron pioneered the first nationwide commercially deployed video conference mortgage financing platform for Intel Corporation which as a licensed mortgage banker and broker in 20 states funded over $1 billion in closed loans. In November 1988, he founded and served as President, until 1992, of Finet Holdings Corporation (NASDAQ:FNCM), a publicly traded mortgage broker and banking business specializing in e-mortgage financing on site in real estate offices and remote loan origination via the Internet (www.finet.com). In June 1979, TRW hired Mr. Barron to develop its real estate information services division (TRW/REIS) that acquired 11 companies in the field and eventually became the world’s largest repository of real estate property information - Experian. Mr. Barron was a founder of Citidata, the first electronic provider of computerized real estate multiple listing services (MLS) in the nation from 1975 to 1979. Mr. Barron was the Senior Planner for the City of Monterey where he was the HUD liaison for the City’s downtown redevelopment project. He master planned the city’s redevelopment of famous Cannery Row, Fisherman’s Wharf, and was Secretary of the Architectural Review Committee. Mr. Barron holds a B.S. degree from California Polytechnic University and has completed courses in the MBA program at UCLA.
Mortgage rates rise a bunch
For a lot of homeowners, there's still an opportunity to refinance. Even if they missed an even better chance last week.
The benchmark 30-year fixed-rate mortgage rose 31 basis points, to 5.88 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.38 discount and origination points. One year ago, the mortgage index was 6.42 percent; four weeks ago, it was 6.14 percent.
The benchmark 15-year fixed-rate mortgage rose 27 basis points, to 5.38 percent. The benchmark 5/1 adjustable-rate mortgage rose 31 basis points, to 5.66 percent. And the benchmark jumbo 30-year fixed, for loans greater than $417,000, went up 18 basis points, to 7.03 percent.
An increase of 31 basis points is well over a quarter of a percentage point, and that's a big jump in just one week. But much of that increase is a matter of timing. Bankrate collects rate information on Wednesdays, mostly in the morning. On Jan. 23, mortgage rates skyrocketed more than a quarter of a percentage point, just a few hours after Bankrate had gathered its weekly rate data.
.,............
http://www.hsh.com/trends.html
Technical Indicator Definitions.
The Williams %R produces values from 0 to -100, a reading over 80 usually indicates a stock is oversold, while readings below 20 suggests a stock is overbought.
The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the "signal line", is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.
Chaikin Money Flow (CMF) An oscillator that helps signal if a stock is undergoing accumulation or distribution.
RSI ranges from 0 to 100. An asset is deemed to be overbought once the RSI approaches the 70 level, meaning that it may be getting overvalued and is a good candidate for a pullback. Likewise, if the RSI approaches 30, it is an indication that the asset may be getting oversold and therefore likely to become undervalued.
ChiOsc Chaikin Oscillator monitors the flow of money in and out of the market - comparing money flow to price action helps to identify tops and bottoms in short and intermediate cycles. He suggests that it be used in conjunction with a 21 day price envelope and an overbought/oversold indicator (such as Momentum or RSI).
Parabolic SAR allows the investor to follow the dots in either an upward or downward trend until SAR is reached and the trend reverses. It is primarily used in trending markets and is based on always having a position in the market. The indicator may also be used to determine stop points and to estimate when to reverse a position and take a trade in the opposite direction.
ACCUM/DIST At nearly all times the oscillator will track market movements. When it is rising, the underlying market will be rising, as more and more stock is purchased and volumes increase ( Accumulation ). When it starts to head downwards the underlying market will be heading down an stock is sold off and volume decreases ( Distribution ). When a divergence in the market occurs,e.g. the Oscillator is rising but the market isn't, then this is an indicator that a change in trend is imminent
To form a Golden Cross, the 50 day moving average must cross from below the 200 day MA to above the 200 day MA, whilst the
200 day MA must also be rising".
Free Trading Shares/Float
3,117,800
As per Filing July 23rd 2007 (calculated post split)
Holder Shares Reported:
Greg Shanberg 520,000 11.4%
Keith Fink 389,250 8.5%
La Jolla Cove Investments 300,000 6.6%
Michael Barron
CEO & Chairman 151,509 3.3%
mbarron@shearsonhomeloans.com
Mariners Capital INC 240,000 5.3%
Joseph Cosio-Barron
President 190,000 4.2%
jcosio-barron@shearsonhomeloans.com
Lee Shorey
Executive Vice President,
Secretary, Treasurer and
Director 85,679 1.9%
lshorey@shearsonhomeloans.com
Theresa Carlise
CFO 85,000 1.9%
tcarlise@shearsonhomeloans.com
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