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Re: JustGoLong post# 16719

Tuesday, 11/07/2017 3:25:04 PM

Tuesday, November 07, 2017 3:25:04 PM

Post# of 17088
Well, only took 3+ years to exit.

This UPDATE may be helpful for some new to WNRC:

1) Dan Green sold WNRC to Mark Kallan in 2014 and took Satview Broadband private...so we were left with an empty shell.

2) Kallan then inserted "Superhero Scramble, Inc" into WNRC on 8/1/2014.
It Should be noted that Superhero Scramble conducted no business after going public (no races). I believe (IMO) they went public as they were facing bankruptcy and numerous lawsuits at that time.

https://www.bbb.org/south-east-florida/business-reviews/sports-promoters-and-managers/superhero-scramble-in-boca-raton-fl-90088118

3) Kallan then merged Superhero into Activ Entertainment, Inc (a Florida shell with no activity) on 6/2/2016.

4) On 9/22/2017, Activ Entertainment, Inc became "Inactive" with the State of Florida for "ADMIN DISSOLUTION FOR ANNUAL REPORT".

5) Mark Kallan has a list of about 20+ companies he's taken dark "Inactive" going back to the 1990s. He specializes in this.

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults/RegisteredAgentName/kallan%20mark/Page1

My conclusion is that Sean "Ace" O'Connor paid Kallan to bury his Superhero Scramble in the WNRC shell due to the poor financial position his company was in...but that is only my Opinion.

I would recommend anybody considering buying shares of WNRC to do some very serious DD!

And good luck trying to get Mark Kallan, CEO to answer a phone or respond to an e-mail.