alive and well
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Is anyone surprised that Eric Parkinson is lying and committing fraud in an SEC filing?
After all, that is exactly what the Arkansas Securities Division found Parkinson was doing in 2019 in its Cease & Desist Order:
Arkansas Cease & Desist Order
Parkinson just can't stop committing fraud, and lying to investors!
Blaming dead Fred for your incompetence-- real classy, Parky!
All my gains now long term, so I can let it ride.
I've got a little more than 20,000 shares, although my average cost is a little higher than yours.
As BDCO continues to pay down debt, the company becomes even more attractive, IMO
Starting to feel sorry for those who sold off their BDCO shares, when they thought it was at its high point last year.
Here we are today at 6.90, and I'm now up an average 300%. And it looks like blue skies, with few sellers at these prices.
And now that Q1 is over, BDCO should have another decent quarter.
Crack spread for Jet fuel was between $21 and $30 for most of the quarter.
https://www.iata.org/en/publications/economics/fuel-monitor/
Looks like they can continue to generate somewhere between .50 and .60 in earnings /quarter under current conditions.
Earnings out today. https://archive.fast-edgar.com/20240401/ARZDT22CZC22I9Z2222L2ZZZCDPCZ6T86262/
Earnings .59/sh Q4 vs. .47/sh Q3
Debt reduced by 9 million for the year, with 5 million of that in Q4.
Good report, with earnings solid, debt down and improved refinery uptime.
This is a great little company, and I'm glad I kept a bunch of shares to keep enjoying the ride.
Excellent earnings in the 10K.
AMPY is way undervalued here. When they sell the Baroil propertty, and eliminate debt- this will fly!!
Buying more after the earnings report.
Remind me again: When did the putz CEO file the Form 10, promised on March 6, 2020?
Ooops! What happened to the uplist Monday?
Is it Uplist Monday yet, or is it Tanking Tuesday.
or perhaps, Wha Happened Wednesday?
Soon, we'll be right back to Failure Friday.
Rinse and repeat-- that's the story of HHSE.
And it's pathetic loser CEO: Eric, the Pathological Liar, Parkinson.
I GUESS NO ONE BELIEVES THE BLOG EXCUSES.
DOWN 30%----OUCH
Don't forget the Cease and Desist Order entered by the State of Arkansas.
It's still active, still valid, and the findings are damning:
Parkinson lied to investors, and claimed a fraudulent document was filed in a Texas court, when the document was never filed. They called the activities "securities fraud."
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
All this OLD NEWS..... I guess longs love the old, recycled BS press releases that Parki dreams up.
Well here's some REAL NEWS, about a Cease and Desist Order from Parkinson's home state Division of Securities where they really know him well.
Arkansas DOS says he committed fraud and lied to investors. Read the whole story here:
https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
He's still a loser, and still subject to a Cease and Desist Order in Arkansas for committing "securities fraud" according to the Order.
It's interesting reading, for anyone who wants to do due diligence beyond reading anonymous blog posts. Any potential investor should red the whole order before buying into this scam.
https://securities.arkansas.gov/legal-documents/hannover-house-inc-d-frederick-shefte-and-eric-f-parkinson/
Thanks for posting! good news for PLX and it's partnership with Chiesi!!
Yeah, right.
A three-month delay in the release date is the sign of a big winner at the box office.
NOT
The CEO can't stop lying!
Is that the Form 10 -12g that CEO Parkinson has been continuously and repeatedly promising and claiming to file for the last 12 years?
And still after all those years, and all those promises, and all those claims including the famous "unless we are abducted by aliens, it will be filed", no filing of a Form 10 has been accomplished.
No one with half a brain believes after all these years that a Form 10 will be filed.
CEASE & DESIST ORDER still active- four years after it was issued. No appeal ever filed by HHSE or the incompetent CEO, who was found to have committed securities fraud by the State Division of Securities.
https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
When did HHSE leave Arkansas? That will be news to many, as they list an Arkansas address as their official office-- even if it is a mail drop at a UPS store.
In the meantime, the State of Arkansas certainly has jurisdiction over any business that is doing business in Arkansas and has every right to issue a Cease & Desist Order when the company CEO lies to investors and publishes false documents, as was documented in the Cease & Desist Order.
https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
And, by the way, if Arkansas had no jurisdiction, why didn't the company appeal the Cease & Desist as they had the right to do, back in November of 2019? I don't expect an answer because everyone knows what the answer is.
It seems we all like to see the same posts day after day, so here is one that's actually factual.
HHSE and Parkinson are subject of an active Cease & Desist Order from the Arkansas Division of Securities.
Here it is:
https://securities.arkansas.gov/wp-content/uploads/2[url][/url][tag]insert-text-here[/tag]022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
Unfortunately, it's usually not possible to collect anything in a lawsuit against a Chinese company, when the assets are all in China.
I've been through this before, where a group of us funded a U.S. law firm with a pretty good record, that was confident with our situation they could sue in Delaware, and get a judgment and collect, through their affiliates in China.
We got a judgment, and even though we found the assets in China, there was no way to collect, unless the company agreed to pay, and they refused.
So we got nothing, and it cost us several thousand each in legal fees. The company in that instance was CSGH, which produced lithium battery materials and was quite profitable.
aandt:
I messaged the company about the dividend, and this is what I got back:
(Note that he got the number wrong. I actually said I had 196,000 shares at the time.)
Dear Xxxxx Xxxxxxx,
In order to exchange your 19,600 share of HERB for HERB’s bond for $3920
kindly ask your broker to deliver a stock certificate issued to you and
when you receive it endorse it in front of your bank so they can medallion
guaranty your signature. Once you have that email a scanned copy front and
back and we will send you an agreement to sign after which you will send
that in with your certificate to us and we will send you the original
bond.
Sincerely
Huirong Zhang
Vice President
Yasheng Group
MY COMMENT: To me, not a very confidence-inspiring reply.
Still no Form 4 posted to prove the CEO bought any shares.
I don't believe he purchased a single share, unless a Form 4 is posted.
Now that he's got complete access to the EDGAR site, with all the password issues resolved, what's the excuse for no Form 4?
When will the CEO ever appeal the Cease and Desist Order entered by the State of Arkansas?
It's still active, still valid, and the findings are damning: Parkinson lied to investors, and claimed a fraudulent document was filed in a Texas court, when the document was never filed. They called the activities "securities fraud."
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
Lying to investors... check.
Securities fraud.... check.
Read all about it in the Cease and Desist Order:
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
And even though the CEO claimed the finding was baseless, he never appealed the decision, even after publicly stating he would file an appeal.
Amazing to see the all the longs celebrating the simple filing of an 8K informational filing on EDGAR, like it is some kind of major corporate accomplishment.
It took the idiot CEO almost two months to get a filing uploaded to EDGAR.
Uploading to EDGAR is something that every other OTC, AMEX and NYSE company does on a daily basis, with no apparent problems with passwords, formatting and all the other excuses this CEO has for his multiple failures.
None of those things are true.
Please provide links to any proof--- and not to the fantasy blog from the lying CEO.
Securities Fraud committed by HHSE CEO.
Not my claim-- that's what his own home state of Arkansas Securities Division found.
HERE: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
And even though the CEO claimed the finding was baseless, he never appealed the decision, even after publicly stating he would file and appeal.
I wonder why?
They filed on EDGAR in 2021, and no uplist followed.
No reason to think this time will be different.
The CEO has been talking about filing a Form 10 for about twelve years now, with no progress at all.
The CEO is lying again.
$HHSE NEWS: Parkinson and HHSE slapped with Cease & Desist Order. Parkinson fails to appeal the active order for over 4 years.
Arkansas Securities Division finds Parkinson lied to investors and committed securities fraud.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://securities.arkansas.gov/wp-content/uploads/2022/05/Hannover-House-Inc.-CD-Order-S-19-0053-19-OR01.pdf
Just bought in at 1.74 and 1.75 --- looks undervalued to me.
Thanks for posting Parkinson's lie here.
The link in your post is dead, as the lying idiot apparently realized that his claim to have uploaded documents to EDGAR can actually be checked, and found to be FALSE:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001069680&owner=include&count=40&hidefilings=0
Hard to believe Parkinson would lie about uploading docs to EDGAR site.... but,,,,
see for yourself:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001069680&owner=include&count=40&hidefilings=0
This post didn’t age well! None of these promised actions were completed- none!!
EDGAR filing??
Despite the lies on the blog posted by Parkinson over the last month about imminent EDGAR filings, the most recent HHSE documents on EDGAR are from early 2021– almost two years ago!
Nothing has been posted since 2021.
Why can’t Parkinson stop lying to shareholders?
Not only was there no Dolby Audio room, there was no HHSE headquarters.
Last time I looked the HQ was a mailbox at a mail service center.
Parkinson is a PROVEN liar.
Methinks the poster doth protest too much......
Why would anyone in their right mind defend the CEO here?
He has clearly lied repeatedly, and his lies are reposted repeatedly on this board by several posters, anyone of which-- or maybe several are accounts of the LIAR in Chief, Parkinson.
Who cares which one(s) are him?
And as for what Parkinson says about the Arkansas Securities Division Cease & Desist Order, answer me this:
Why, if it the C&D is a "non-issue", did he not appeal the decision, after publicly stating on his blog that he was going to file an appeal?(another lie, by the way).
Fact is, Parkinson is a pathological liar. All one has to do is read the blog, and see all the lies, in black and white.
unsubstantiated??
Really?
Have you read the Arkansas Cease & Desist Order?
It's pretty clear that the CEO lied, and the Securities Division caught him red-handed.
https://securities.arkansas.gov/legal-documents/hannover-house-inc-d-frederick-shefte-and-eric-f-parkinson/
So MTBL has reduced share count now from approximately 1,141 million shares down to about 837 million shares, and then just retired another 117 million they bought back from SofBank.
So now they have only about 700 million shares, as opposed to over 1,141 million a year ago. That's a very agressive re-purchase program.