Health Sciences Group Inc (HESG)

[VeronicaFox]

I chatted with a person who is an excellent source on the sort of situation you mentioned. They said first of all that Shareholders should have listened to all the warnings about Tom Gaffney. Second, there are no recent filings so it's impossible to get a grasp of who the majority shareholders are, especially with over 20 billion issued and outstanding. To complicate matters, there was most likely toxic financing as well.

Bottom line - HESG is a worthless "investment". The regulators should shut it down.