Healthcare Solutions Mgmt. Group Inc. (HSMD)

[Prudent Capitalist]

Since you are in contact with Duane Spader please pose the following questions to him on behalf of all shareholders:

Mr. Spader claims to have all of these outstanding shares and that he is the largest shareholder, and also claims to have loaned the company huge sums of money. If these assertions are true, why are there are no requisite filings of record to reflect either the debt or the issuance of the shares, and why aren't there any requisite references in the past financials statements to reflect these items and the consideration and reflection of capital or other items to back this up?

And, given the sudden departure, i.e. ouster, of Richard Kalmovathin, is it possible that as he delved into things as CEO he was questioning the efficacy and legitimacy of the claimed shares and debt which Mr. Spader is still claiming today? Hmmmmm......

Please also ask Mr. Spader why else Richard K. would have been abruptly ousted given that VRTY was really on a roll at that time in early August 2014, having just reported record quarterly revenue of around $1.75 Million, was engaging in real transparency with shareholders (including Mr. Spader)and had PR'd a number of exciting developments and revenue producing projects and deals, was getting great media coverage including positive articles in the New York Times and USA Today, and was prominently referenced as an "Advisory" client on the web site of a reputable New York Investment Bank, to note just some of the positive things surrounding the company and creating true shareholder value at that time.

If Mr. Spader's claimed debt and shares are legitimate, then he has a golden opportunity to take real steps right now to reassure shareholders and to begin to fulfill his legal obligations and fiduciary duties to VRTY shareholders, and to come clean on everything and bring all of the requisite SEC filings current and out in the open. Anything short of this will, IMO, raise serious issues for Mr. Spader.

IMO, shareholders must now be vigilant here more than at any time in the past. If it at any point appears that Mr. Spader is not fulfilling his fiduciary duties and legal obligations to shareholders, then a class action shareholder suit or SEC investigation would be warranted, IMO.