Thursday, September 11, 2014 3:33:33 AM
OTHM had two employees - Chua and Anderson
OTHM is a Canadian company, they have no presence in the US.
They were sanctioned and banned from their positions by the Canadian government because they committed fraud, misrepresentations, and blatantly violated an existing cease trade order placed on them for previous violations. Repeat offenders.
So if both executives of OTHM, also the only two employees that actually exist, were forced to resign by the Canadian government for their illegal and outright unethical violations.
OTHM only exists as a stock on a US market because they fraudulently incorporated themselves in Nevada and used a two bedroom apartment in Las Vegas that is occupied by a Hispanic family that has no idea what OTHM is or who Ken Chua is as a corporate office. THAT IS FRAUD. OUTRIGHT FRAUD. By the way, Coleman used to lease that apartment, but moved in in 2012. Yet OTHM still continues to use that address for some reason.. wonder what that is... The SOLE purpose for incorporating and getting on the US market was to STEAL money from American investors. They have no business taking money from Americans to fund a foreign enterprise that turned out to be a scam.
So.. if all OTHM employees were banned from their positions and forced to resign for their fraudulent, illegal, and unethical activities.. what does that make OTHM?
Almost every PR or blog post released by OTHM is the past 2 years turned out to be a lie or fluffed up, leading information with carefully chosen "safety" words.
What does that make OTHM?
Can OTHM possible still be a legitimate company? Hotel PURE went out of business half a decade ago, and was an entirely worthless brand with no partners or associated properties when it was picked up by OTHM. Does the fact that OTHM still has no properties or revenue change that fact that Hotel PURE is a worthless company that has been deliberately disguised as a successful operation just to get people to buy shares at prices that are now worth a small fraction of what they were when those lies were put out?
What does that make OTHM?
There is absolutely no revenue, no hotels, no partners (other than criminal Pat Hundley who is currently sitting in a Costa Rica prison cell), no money, no real assets, no employees, no CEO, the filing that will reveal the S/S increase was never submitted and is currently late, caveat emptor is coming if OTHM doesn't release the truth soon, corporate office is still a fake, booking site is an outright fake website..
and here is the kicker..
OTHM has to sell over 500 million shares soon just to pay off the sanctions leveled against Chua, Anderson, AND OTHM collectively.
On top of that, OTHM is going to have to sell close to 3 (THREE) BILLION (BILLION) shares next quarter just to make MINIMUM PAYMENTS AGAINST THEIR ASTOUNDING AND PERPETUALLY INCREASING "DEBT".. also known as the salaries of the individuals running this scam.
What does that make OTHM?
Think about it. Not sure there is one positive thing that can be said about this scam. Good luck if you choose to dive in.
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