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GoingBig35 and Scott Boruff are the same person would be my guess or are strongly related somehow.
****This post was taken down. If the moderators want to take it down again, I ask that they be fair and take down GoingBig35’s post saying I am “Running Blind” which is beyond comical and simply not true. If this post is not allowed, his post is not allowed.****
In my opinion, what else explains GoingBig35 continually ignoring what really matters and focusing elsewhere?
After all;
-The HITC quarterly filing is three months late.
-There is no company transparency.
-There hasn’t been an update, a press release, anything from HITC for months.
-There is no accountability of the funds raised.
-There is no independent board of directors or for that matter any board of directors.
-The corporate governance guidelines are essentially non-existent.
-HITC CEO Boruff has no accountability.
-Boruff appears to have a history of enriching himself at the expense of shareholders.
-HITC CEO Boruff awarded himself a fat salary, a car allowance and stock options on top of the massive stock grab he has already perpetuated and did this based upon negligible company results under his leadership.
-Boruff led Miller Energy Resources off the OTC to the NYSE based upon what the company admitted to was fraud when they grossly inflated the value of their acquisitions in both filings and press releases.
-Boruff’s previous history of running a public company was an abysmal failure.
-According to newspaper accounts, there is an open Federal probe of insider trading at Miller Energy Resources, and there are the numerous lawsuits against Miller Energy Resources that Boruff is named in that are still pending.
-Regardless if IndeLiving is in violation of the Best Buy/GreatCall/Healthsense patents or not (My opinion is strongly that they are), HITC doesn’t stand a competitive chance against the combined resources, experience, installation capabilities, proven track record, top ranked online presence, unlimited capital, national advertising prowess, name recognition, and market leadership of a combined Best Buy/Greatcall/Healthsense.
-In all of my extensive research I could never find one positive thing about Boruff, not one redeeming quality, nothing good; zero. In turn, I found an amazing amount of online information on Boruff that was all in my opinion quite ugly.
And GoingBig35 wonders why the HITC stock price is in the gutter. LOL
Again GoingBig35, or perhaps I should say HITC CEO Scott Boruff, my opinion is you should spend your efforts focusing on everything that in my opinion, as expressed in my previous posts and above, is really shady and wrong at HITC and get to the bottom of what really matters.
HITC STOCK OPINION: It is crystal clear and inevitable now, Best Buy/Greatcall/Healthsense will crush Boruff and HITC. (See my “Breaking News: HITC Crushed like a Cockroach” post.) This is not going to end well; it’s already essentially over. Get out while you still can. This dog with fleas is headed to zero. Call your broker today. HARD SELL
Best of luck to all.
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
I encourage GoingBig35 to dig in!
Just as I have repeatedly encouraged everyone reading my posts to do their own due diligence and form their own opinions.
From my previous posts;
“As always, I encourage you to read my posts and form your own opinions. (simply click on Verado to see them all) In my posts you will find my assessments and opinions that were based upon my research. As much as possible I strived to provide research links to allow you to do your own research and again, form your own opinions.”
“The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.”
Go back and read my posts and you will clearly see that I have gone to great lengths to put links to my research and from that research I have formed my opinions and posted them here. I have also encouraged readers here to form their own opinions and to make their own decisions, over and over and over again.
I for one, stand by “ALL” of my opinions, as they are after all, simply my opinions.
On another note, I have stated numerous times before;
“In all of my extensive research I could never find one positive thing about Boruff, not one redeeming quality, nothing good; zero. In turn, I found an amazing amount of online information on Boruff that was all in my opinion quite ugly. I can only hope anyone that considers an investment in HITC/Boruff will read my posts, follow my research and be better prepared to form their own opinions and act upon them in a more educated fashion.”
So again, GoingBig35, dig in!
Put your “people” on the hunt. Sadly, Its my opinion that you will not find one positive thing about Boruff on the internet while you are searching. If you do, I encourage you to post it here. The 1st Amendment certainly entitles you to do so.
If you like what you see then load up. Do whatever you want. It’s your choice. Heck, if you think that HITC/Boruff stands a competitive chance against the combined resources, experience, installation capabilities, proven track record, top ranked online presence, unlimited capital, national advertising prowess, name recognition, and market leadership of a combined Best Buy/Greatcall/Healthsense then spend more of your ‘hard earned money” on HITC. Then post away with your opinion of why the stock price is headed for the stars! Again, do whatever you want. It’s your choice.
But while you are at it, I also suggest you contact HITC and ask where the filing is that is three months late, ask for company transparency, ask for full accountability of all funds raised, ask for an independent board of directors or for that matter any board of directors, ask for corporate governance guidelines, and ask for proof that IndeLiving is not in violation of the Best Buy/GreatCall/Healthsense patents. In my opinion you will be treated just like all the shareholders are being treated daily by HITC and Boruff. You will hear nothing, nada, zero, zippo, zilch. But again, as always, that is simply my opinion. It is also my opinion that Boruff needs to be “held accountable” for HITC. As I have expressed in my previous posts, my opinion is Boruff has no accountability. Perhaps if you turn your focus to HITC and Boruff, you can facilitate accountability at HITC. I certainly hope you can, because in my opinion, HITC under Boruff’s leadership, is the wild west.
So once again, GoingBig35, dig in!
And once you do, perhaps you will thank me for providing you with research links that might prompt you, on your own volition, to get out of HITC before it goes to zero, which in my opinion it will. That’s the same “Hard Sell” Stock Opinion I have had all along. But dig in, do your own due diligence, just like I have consistently suggested, and decide for yourself. Again, do whatever you want. Its your choice, just like its always been for you, or for that matter any one else reading this message board.
Finally, your post, in my opinion, is a clear violation of the terms of InvestorsHub. Oddly, your post was taken down and then put back up where, in my opinion, it should stay. I have gone to great lengths to put my research in a form that makes it easily accessible to all. You appear to simply be upset that the stock price is down and want to somehow, in my opinion, based upon your post, blame it on me. That’s your 1st Amendment right, so moderators please leave up GoingBig35’s post. I, for one, think everyone is entitled to their opinion.
But again, GoingBig35, my opinion is you should spend “your own dime” focusing on everything that in my opinion, as expressed in my posts, is really shady and wrong at HITC and get to the bottom of what really matters.
Oh and GoingBig35; Personal beef? Deliberately destroying investments? Claims? Subpoena’s? Class action lawsuit? Good luck with all that. LOL!!!!
The reality, unequivocally, is that all I have done is simple research and in turn posted my opinions; nothing more. I again, strongly suggest you do the same.
HITC STOCK OPINION: It is crystal clear and inevitable now, Best Buy/Greatcall/Healthsense will crush Boruff and HITC. (See my “Breaking News: HITC Crushed like a Cockroach” post.) This is not going to end well; it’s already essentially over. Get out while you still can. Call your broker today. HARD SELL
Best of luck to all.
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Coming soon to American Greed: Scams, Scoundrels & Scandals
Scott “Scam Man” Boruff
That’s my opinion, as HITC has still not filed its quarterly report. The same quarterly report that HITC filed an extension on almost three months ago. (Extension filed 6/15/18)
Heck, HITC has gone dark; nothing, nada, zero, zippo, zilch.
My opinion, based upon the profile that I have developed on HITC CEO Boruff and outlined (with links) in my previous posts, is that the reason HITC hasn’t filed is that Boruff has blown through the money he raised and he can no longer pay for filings and for that matter doesn’t want to have to reveal that most or all of the ~$1M raised has vanished into thin air; poof!
In my opinion, there is only one person winning at HITC; the one, the only, (drum roll) Scott “Scam Man” Boruff.
On a whim I decided to google the address listed for HITC in it’s filings. Low and behold it is a lakefront estate just outside of Knoxville;
https://www.movoto.com/louisville-tn/3847-river-vista-way-louisville-tn-37777-572_898647/
https://www.mapquest.com/us/tennessee/healthcare-integrated-technologies-inc-366332853
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=6vs1pHKfLeI4VnwbTfmL%252bg%253d%253d&nt7=0
Could it be that this is the home of Boruff? Well, according to google it’s the same address Boruff uses for another venture of his “Platinum Equity Advisors.” You decide.
https://www.bizapedia.com/tn/platinum-equity-advisors-llc.html
Based on my research, my assessment is that this is where all the cash raised for HITC is going. After all HITC CEO Boruff awarded himself a fat salary (300K), a car allowance and stock options on top of the massive stock grab he has already perpetuated and did this based upon negligible company results under his leadership. (Details in a recent HITC post of mine as well as direct research links.)
So, in my opinion HITC is just a shell venture designed to enrich Boruff. Again, HITC has gone dark; nothing, nada, zero. No filings, no press releases, simply nothing.
Of course all this is happening at a public company with little to no governance. Heck, Boruff even signed the old filings as not only the CEO but also as the CFO. In the HITC Nevada Corporation filings (link above) Boruff lists himself as President, Secretary, Treasurer and Director. He has his own little fiefdom. He is king of the castle with no need to worry about the lowly shareholders in the village outside of the moat. And what a castle he apparently has for himself. No moat though, just a beautiful lake right outside.
So again, in my opinion, the explanation for not filing is that HITC CEO Boruff, with no oversight, has spent most if not all of the money, all while getting zero results, except for enriching himself, which is in my opinion par for the course for the Scam Man.
In my opinion, this whole thing just smells of a future episode of American Greed!
As always, I encourage you to read my posts and form your own opinions. (simply click on Verado to see them all) In my posts you will find my assessments and opinions that were based upon my research. As much as possible I strived to provide research links to allow you to do your own research and again, form your own opinions.
I formed my opinion of HITC CEO Boruff early on and soon after discovered that HITC’s core new product “IndeLiving” was, in my opinion, in direct violation of patents owned by Healthsense/Greatcall and now owned by the retail giant Best Buy. I was so appalled by the comprehensive picture that was revealed about Scott Boruff, in his past role as a CEO, in his business ventures, his real estate ventures, in his apparent unwillingness to pay many of the bills he owes, and in his approach and practices at TCKF/HITC, that I felt compelled to provide my research and assessments/opinions here so that perhaps I could help prevent any other people from falling prey to this dog (with fleas) of a company and its leader Boruff, who in my opinion, is the epitome of the consummate hack.
Recently though, with Best Buy purchasing Greatcall/Healthsense, I concluded that it doesn’t matter if Boruff is a hack or not. (Although, in my opinion, all roads lead to that conclusion.) The bottom line is HITC/Boruff doesn’t stand a competitive chance against the combined resources, experience, installation capabilities, proven track record, top ranked online presence, unlimited capital, national advertising prowess, name recognition, and market leadership of a combined Best Buy/Greatcall/Healthsense. Quite simply, my opinion is that for HITC it’s over. (More details and references/links in my previous post.)
Finally, my opinion is that Boruff knows that its over too and isn’t even trying, if he ever was, which I doubt.
My posts are targeted at revealing the essence of Boruff and the abysmal business prospects of HITC. In all of my extensive research I could never find one positive thing about Boruff, not one redeeming quality, nothing good; zero. In turn, I found an amazing amount of online information on Boruff that was all in my opinion quite ugly. I can only hope anyone that considers an investment in HITC/Boruff will read my posts, follow my research and be better prepared to form their own opinions and act upon them in a more educated fashion.
HITC STOCK OPINION: It is inevitable now, Best Buy/Greatcall/Healthsense will crush Boruff and HITC. (See my “Breaking News: HITC Crushed like a Cockroach” post.) This is not going to end well; it’s already essentially over. Get out while you still can. Call your broker today. Don’t be a victim on a future episode of America Greed! HARD SELL
Best of luck to all.
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Has Boruff Spent All The Money?
HITC has still not filed its quarterly report. The same quarterly report that HITC filed an extension on over TWO months ago. (Extension filed 6/15/18) Heck, HITC should already be working on the latest filing. (The one due after the one not filed.) It has been speculated that the acquisition of IndeLiving could have delayed the filing. In my opinion, that speculation doesn’t remotely hold water. Ninety-Five percent plus of the information pertaining to the acquisition has already been filed with the SEC. (See HITC SEC Filings.) All HITC needs to do is simply add the already prepared acquisition information to the traditional quarterly information, which in the case of little HITC is not much, and then file.
My opinion, based upon the profile that I have developed on HITC CEO Boruff and outlined (with links) in my previous posts, is that the reason HITC hasn’t filed is that Boruff has blown through the money he raised and he can no longer pay for filings and for that matter doesn’t want to have to reveal that most or all of the ~$1M raised has vanished; poof!
After all:
HITC CEO Boruff leaves a trail of destruction everywhere he goes. (google; Scott Boruff and/or check my other postings for more details and direct research links.)
HITC CEO Boruff awarded himself a fat salary, a car allowance and stock options on top of the massive stock grab he has already perpetuated and did this based upon negligible company results under his leadership. (Details in a recent HITC post of mine as well as direct research links.)
And most importantly:
HITC CEO Boruff now has little to no governance and a track record of enriching himself with no regard for the shareholders. (google; Concerned Miller Shareholders and/or check my other HITC posts for details and direct research links.) Heck, Boruff even signs the filings as not only the CEO but also as the CFO. He has his own little fiefdom. He is king of the castle with no need to worry about the lowly shareholders in the village outside of the moat.
So again, in my opinion, the explanation for not filing is that HITC CEO Boruff, with no oversight, has spent most if not all of the money, all while getting zero results, except for enriching himself, which is in my opinion par for the course for Mr. Boruff.
Therefore:
If Boruff has nothing to hide, I call on Boruff to file the 10-Q !!!!!
If Boruff has achieved one positive thing at HITC to put in the filing, I call on Boruff to file the 10-Q !!!!!
If Boruff even remotely feels he has a fiduciary responsibility to the HITC shareholders, I call on Boruff to file the 10-Q !!!!!
As always, I encourage you to read my posts and form your own opinions. (simply click on Verado to see them all) In my posts you will find my assessments and opinions that were based upon my research. As much as possible I strived to provide research links to allow you to do your own research and again, form your own opinions.
I formed my opinion of HITC CEO Boruff early on and soon after discovered that HITC’s core new product “IndeLiving” was, in my opinion, in direct violation of patents owned by Healthsense/Greatcall and now owned by the retail giant Best Buy. I was so appalled by the comprehensive picture that was revealed about Scott Boruff, in his past role as a CEO, in his business ventures, his real estate ventures, in his apparent unwillingness to pay many of the bills he owes, and in his approach and practices at TCKF/HITC, that I felt compelled to provide my research and assessments/opinions here so that perhaps I could help prevent any other people from falling prey to this dog (with fleas) of a company and its leader Boruff, who in my opinion, is the consummate hack.
Last week though, with Best Buy purchasing Greatcall/Healthsense, I concluded that it doesn’t matter if Boruff is a hack or not. (Although, in my opinion, all roads lead to that conclusion.) The bottom line is HITC/Boruff doesn’t stand a competitive chance against the combined resources, experience, installation capabilities, proven track record, top ranked online presence, unlimited capital, national advertising prowess, name recognition, and market leadership of a combined Best Buy/Greatcall/Healthsense. Quite simply, my opinion is that for HITC it’s over. (More details and references/links in my previous post.)
My posts are targeted at revealing the essence of Boruff and the abysmal business prospects of HITC. In all of my extensive research I could never find one positive thing about Boruff, not one redeeming quality, nothing good; zero. In turn, I found an amazing amount of online information on Boruff that was all in my opinion quite ugly. I can only hope anyone that considers an investment in HITC/Boruff will read my posts, follow my research and be better prepared to form their own opinions and act upon them in a more educated fashion.
HITC STOCK OPINION: It is inevitable now, Best Buy/Greatcall/Healthsense will crush Boruff and HITC. (See my “Breaking News: HITC Crushed like a Cockroach” post.) This is not going to end well; it’s already essentially over. Get out while you still can. HARD SELL
Best of luck to all.
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Breaking News: HITC Crushed like a Cockroach
In the famed words of Shark Tank’s Kevin O’Leary; HITC, “Your competition is going to crush you like the cockroach you are.”
From yesterday’s Business Wire;
“MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY), a leading technology products and services provider, today announced that it has signed a definitive agreement to acquire GreatCall, Inc. for $800 million in cash.”
Therefore, in my opinion, it doesn’t matter that;
New HITC CEO “Scam Man” Boruff leaves a trail of destruction everywhere he goes. (google; Scott Boruff and/or check my other postings for more details and direct research links.)
New HITC CEO Boruff has a track record of horrible real estate ventures. (Details in a recent HITC post of mine as well as direct research links.)
HITC CEO Boruff apparently doesn’t care to pay many of his bills no matter how big or small. (Details in a recent HITC post of mine.)
HITC CEO Boruff is in denial. (Details in a recent HITC post of mine as well as direct research links.)
HITC CEO Boruff now has little to no governance and a track record of enriching himself with no regard for the shareholders. (google; Concerned Miller Shareholders and/or check my other HITC posts for details and direct research links.)
HITC CEO Boruff awarded himself a fat salary, a car allowance and stock options on top of the massive stock grab he has already perpetuated and did this based upon negligible company results under his leadership. (Details in a recent HITC post of mine as well as direct research links.)
HITC/Boruff is way past the last quarterly filing date. (HITC public company filings.)
HITC’s core product, in my opinion, is in direct violation of its competitors patents. (Details in a recent HITC post of mine as well as direct research links.)
With Best Buy (Who, by the way, has a 350% appreciation of stock value since its existing CEO came on board.) now on the scene, providing a thriving brick and mortar retail presence (one of the few), a top ranked online presence, unlimited capital, a huge national advertising budget, and the critical installation capabilities of the Geek Squad, which has been a laser focus of Best Buy and has grown significantly over the last few years, combined with the experience and success of Healthsense/Greatcall who has a robust patent portfolio, a proven track record of success with its sensor based system in elderly care facilities and in elderlies homes, had $300M in revenues last year and is a recognized leader in the healthcare field, quite frankly HITC is so overmatched in every facet of their tiny startup business, that today is in its infancy, that I cannot remotely imagine any scenario that doesn’t scream complete failure at HITC.
In my opinion there won’t be any David and Goliath here, not a chance. Heck, Best Buy is already advertising their sensor based home system for elderly tracking, awareness, proactive monitoring, safety monitoring and more. If you want it they can send Geek Squad right out to install it. Healthsense, in turn, already has tens of thousands of assisted living rooms up and running with advanced sensor monitoring that keeps the staff aware of all sorts of aspects of its residents, running the gamut from activity tracking, proactive health awareness, staff alerting, etc. all while providing a continual monthly revenue stream. They have also published numerous studies (HITC cannot even publish/file a quarterly report) compiled by independent experts based upon data collected at its installations over years. They can prove their sensor based systems get results, all by saving elderly care facilities money as well as enhancing the revenue opportunities from their system. In a data driven world they are light years ahead of HITC and that lead greatly increases by the hour. Finally, Greatcall is the industry leader in elderly products designed to allow the elderly to remain active, mobile and independent. In my opinion, HITC and Boruff are so clearly overmatched that I can confidently say;
I wouldn’t invest my worst enemies money in HITC.
Boruff it’s GAME OVER!!!!
Elvis has left the building.
Taps are playing.
The clock says zero.
There is no leg left to stand on.
It’s the straw that broke the camels back.
That dog won’t hunt.
It’s the final nail in the coffin.
The fat lady has sung.
As always, I encourage you to read my posts and form your own opinions. (simply click on Verado to see them all) In my posts you will find my assessments and opinions that were based upon my research. As much as possible I strived to provide research links to allow you to do your own research and again, form your own opinions.
I formed my opinion of HITC CEO Boruff early on and soon after discovered that HITC’s core new product “IndeLiving” was in my opinion in direct violation of patents owned by Healthsense/Greatcall and now by the retail giant Best Buy. I was so appalled by the comprehensive picture that was revealed about Scott M. Boruff, in his past role as a CEO, in his business ventures, his real estate ventures, in his apparent unwillingness to pay many of the bills he owes, and in his approach and practices at TCKF/HITC, that I felt compelled to provide my research and assessments/opinions here so that perhaps I could help prevent any other people from falling prey to this dog (with fleas) of a company and its leader Boruff, who in my opinion, is the consummate hack.
My posts were targeted at revealing the essence of Boruff and the abysmal business prospects of HITC. In all of my extensive research I could never find one positive thing about Boruff, not one redeeming quality, nothing good; zero. In turn I found an amazing amount of online information on Boruff that was all in my opinion quite ugly. I can only hope anyone that considers an investment in HITC/Boruff will read my posts, follow my research and be better prepared to form their own opinions and act upon them in a more educated fashion. The answer for me is crystal clear;
HITC/Boruff “You are dead to me.”
HITC Stock Opinion: It is inevitable now, Best Buy/Greatcall/Healthsense will crush Boruff and HITC. This is not going to end well; it’s already essentially over. HARD SELL
Best of luck to all.
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Another day, No HITC Quarterly Filing!
At this point I am no longer surprised that HITC CEO Boruff has once again failed to finally get the Quarterly filed today that was due months ago. It has just become par for the course and business as usual over at HITC.
He did though, way back when the quarterly filing was supposed to be filed, manage to file for a short extension only to fail to meet that extension deadline. Somehow getting the extension filed doesn’t bring to mind, “That’s one small step for man, one giant leap for mankind.” or should I say, in this case, it doesn’t bring to mind, “That’s one small step for Scam Man Boruff, one giant leap for HITC.”
In my opinion HITC is headed back to non-reporting status and the pink sheets and ultimately to zero. But as always, you decide. Read my previous posts which are full of direct links to my research that I have based my assessments/opinions on all things Boruff and HITC, and form your own conclusions.
HITC STOCK HOLDERS BEWARE!
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Tick Tock, Where is it Scott?
The only press release in recent history from TCKF/HITC was titled “Grasshopper Staffing Inc. Regains SEC Fully-Reporting status”. I am of the opinion that this is the only positive thing that newly appointed HITC CEO Scott Boruff has achieved since he became a highly paid (In my opinion highly over paid) consultant to the company. Actually taking TWO YEARS to get TCKF/HITC there is in my mind typical of the total incompetence of Boruff in almost all aspects of his life. (See my previous posts for details and links to my research that I base my opinions on.) But granted, if you overlook the ridiculous amount of time it took to get it to fully reporting status, it was a positive for the company. The thing is, now that Boruff has moved from highly paid (overpaid in my opinion) consultant to very highly paid (very highly overpaid in my opinion) HITC CEO he cannot seem to file a simple quarterly filing. But wait, he could manage to file for a short extension, (Chock up a victory for Boruff!) only to fail to meet the extension deadline he filed for. Why in the world would the HITC even bother filing for an extension on its quarterly filing and then choose to not file? We are approaching two months past the extended deadline. Could the reason be that Boruff under almost zero governance has already blown through the latest money he raised? (In my opinion Boruff does after all have a documented track record of greatly enriching himself at the expense of shareholders and investors as well as blowing through vast amounts of company capital with zero results; See my previous posts for details and links to my research that I base my opinions on.) Or could it be that Boruff has finally realized (Or knew this all along, but didn’t care.) that the HITC newly acquired core product IndeLiving is in direct violation of multiple patents of its multi-billion dollar competitor and he doesn’t want to have to include this in the filing because it is material to his little company and he would be required to do so? (See my previous posts for details and links to my research that I base my patent violation opinion on.) Sadly, at this point we simply don’t know. I am of the opinion that it is quite odd and sad that an initiative that took TWO YEARS and is the “crowning achievement” LOL, of HITC CEO Boruff is now in serious jeopardy. But as always, you decide. Read my previous posts which are full of direct links to my research that I have based my assessments/opinions on, and form your own conclusions.
In my opinion HITC is headed back to non-reporting status and the pink sheets and ultimately to zero.
HITC STOCK HOLDERS BEWARE!
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Tick Tock, Tick Tock - Quarterly Filing????
Why in the world would the HITC even bother filing for an extension on its quarterly filing and then choose to not file? We are approaching two months past the extended deadline. In my opinion HITC is headed back to the pink sheets.
HITC STOCK HOLDERS BEWARE!
More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
HITC’s Core New Product, indeLiving Unveiled
I took a deep dive into IndeLiving (getinde.com), the company that CEO Scott M. Boruff sold to TCKF/HITC (Now named Health Integrated Technologies to reflect the companies shift from cannabis to the newly acquired IndeLiving elderly monitoring core product). It is my sentiment, based upon patent research, that the core IndeLiving product which monitors seniors in assisted living facilities and at home through sensors is in direct violation of multiple patents owned by Healthsense and ultimately now owned by Greatcall who purchased Healthsense. It is in my opinion inconceivable that IndeLiving/HITC can do what they claim they do through sensors without violating Greatcall’s intellectual property. In my opinion there is no gray area here; the violation is crystal clear. In TCKF/HITC SEC filings, as part of the stock purchase agreement, new HITC CEO Boruff, as the major stock holder and only officer of IndeLiving, signed off on the agreement which included the following:
3.6 Intellectual Property.
3.6.1 The activities of IndeLiving (or of any licensee under any license granted by IndeLiving) do not infringe or are not likely to infringe on any Intellectual Property Rights of any third party and no claim has been made, has been threatened, or is likely to be made or threatened, against IndeLiving or any such licensee in respect of such infringement.
3.6.2 Details of all registered Intellectual Property Rights (including applications to register the same) and all commercially significant unregistered Intellectual Property Rights owned or used by IndeLiving are set out in Schedule 3.6.
3.6.3 IndeLiving does not, as of the date hereof, use in its business any Intellectual Property Rights, other than the Intellectual Property Rights identified on Schedule 3.6, and is under no obligation to pay license fees or royalties for any Intellectual Property Rights other than those identified on said Schedule.
Really CEO Boruff?
Mr. Boruff recently led an initiative to raise $1M for TCKF/HITC apparently based on the sale of indeLiving into TCKF. Therefore, it is my opinion that either Mr. Boruff is potentially guilty of fraud or more likely extreme negligence. Healthsense/Greatcall is a direct competitor of indeLiving and a simple patent search (See below) would have revealed to Mr. Boruff that his product appears to violate multiple Healthsense patents. So again, it is my opinion Mr. Boruff either knows of the blatant violation and is potentially committing fraud, or is negligent enough to not do simple patent searches before claiming that his product does not use anyone else’s intellectual property. Regardless of the case, in my opinion based upon my assessment of a patent search that Mr. Boruff mislead the shareholders of TCKF when selling them indeLiving, and he is now potentially misleading new investors in TCKF/HITC.
Be it potential fraud or gross negligence, my opinion is that Scott Boruff should be terminated for cause and all investor money should be returned.
But don’t just take my opinion; take your own look:
Google Patent Search: Assignee Healthsense
https://patents.google.com/?assignee=greatcall&oq=greatcall&page=2
Justia Patent Search: Healthsense
http://patents.justia.com/assignee/healthsense-inc
Based upon my research, the more I peel this malodorous onion the more it smells. It started out smelly almost fetid, then it got rancid, from there it was putrid with a hint of festering noxious rank; in summary this thing is down right foul, all under a new leader who in my opinion, based upon my research, is himself quite offensive.
A summary of my assessment of the research so far on HITC:
A new CEO with a trail of destruction. (google; Scott Boruff)
A CEO with a track record of horrible real estate ventures. (Details in a recent HITC post)
A CEO who apparently doesn’t care to pay his bills no matter how big or small. (Details in recent HITC post)
A CEO in denial. (Details in another recent HITC post)
A CEO who now has little to no governance and a track record of enriching himself with no regard for the shareholders. (google; Concerned Miller Shareholders)
A CEO who awarded himself a fat salary, a car allowance and stock options on top of the stock grab he has already perpetuated and did based upon negligible company results under his leadership. (HITC public company filings.)
A company who is way past the last quarterly filing date. (HITC public company filings.)
A company whose core product in my opinion is in direct violation of its competitors patents.(see above)
HITC Stock Opinion: This is not going to end well; run-don’t walk away from this dog with fleas. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Tick Tock, Still no Quarterly Filing
Why in the world would the HITC even bother filing for an extension on its quarterly filing and then choose to not file? We are approaching two months past the extended deadline. In my opinion HITC is headed back to the pink sheets.
HITC STOCK HOLDERS BEWARE!
More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Millers Stock Price Was Built on Fraud
Miller Energy Resources stock approached $9.00 based upon the fraudulent inflation of assets that were purchased for $2.25M and were then inflated by the company under the leadership of Scott Boruff to almost $480,000,000.
Miller Energy: The rise and fall of Knoxville's would-be oil empire
http://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
So I have to assume “slambino” that you expect Boruff to find some asset available for around $2M that under Boruff’s leadership can be fraudulently inflated to the tune of 240 times its value to reproduce a pumped up stock price not remotely tied to company value; AGAIN.
In my opinion the odds of that are slim to none. Personally, I prefer to bet on leadership who has a proven record of success and doing things the right way.
HITC STOCK HOLDERS BEWARE!
Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, in business, in real estate, everywhere. My opinion is that it is not in Boruffs DNA to do things the right way and nowhere in my research have I seen evidence of his success. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links in this post and in my previous posts and do your own research.
More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
HITC CEO Boruff Is In Denial
According to Scott Boruff when things go bad it is not his fault. As CEO of Miller Energy Resources Mr. Boruff led the acquisition and development of Alaskan oil assets. Ultimately after Miller Energy Resources wildly inflated the values of those assets in filings and press releases and SEC charges were filed against the company Mr. Boruff claimed “ignorance” as his defense. From a Knoxville News Sentinel Article (Link Below):
“On Aug. 6, 2015, the SEC filed civil charges of accounting fraud against Miller in federal court. The Alaska property, according to the SEC, had been a petroleum pig in a poke with a value concocted out of supposition, wishful thinking and outright lies. David Hall and Paul Boyd, Miller’s chief financial officer and chief operating officer at the time of the purchase, had double-counted the property’s assets, underrated expenses and relied on unreliable estimates to reach the figures that brought Miller its acclaim, according to court records. Carlton Vogt, an auditor with Sherb & Co., had blessed the findings, according to the SEC.
Boruff insists he had no idea what went on. “I absolutely knew nothing about that,” he said last year. “I didn’t do the accounting, and I didn’t do the legal work.”
Miller Energy paid a $5 million fine to settle the case and agreed to revise its financial reports back to 2015. A month later, the NYSE delisted the company’s stock.
In October 2015, Miller Energy filed for bankruptcy. The resulting reorganization split the company into 11 subsidiaries and voided its stock, handing over control of assets to Miller’s main creditor, Apollo Investment Corp.”
So, Mr. Boruff, you were in charge, you signed off on all filings, the buck stopped with you and yet you knew nothing about that? You were clueless? So, in my opinion either you are point blank not telling the truth or as CEO you didn’t have any idea what was going on with MAJOR accounting and valuation practices in your company. Under your leadership as CEO you allowed an acquisition that cost you less than $10M to be valued on your books for hundreds of millions of dollars and you “absolutely knew nothing about that”? You weren’t even curious at how that valuation was done? You just thought “that’s great” and signed the filings? Unbelievable!!!
But thats not all. After Miller Energy Resources wasted hundreds of millions of dollars of shareholders and investors money all while being led by Mr. Boruff, Boruff still goes out of his way to claim its was not his fault. In a recent filing with the SEC with his new public entity HITC;
“Mr. Boruff served as a member of the Board of Directors of Miller Energy Resources, Inc., a publicly-traded company, from August 2008 until March 2016, serving as Executive Chairman of the Board of Directors from September 2014 until March 2016 and Chief Executive Officer from August 2008 to September 2014. In October 2015, when it was being led by a successor management team, Miller Energy Resources, Inc. filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Code in a pre-packaged bankruptcy. It remained a debtor in possession and emerged from bankruptcy in March 2016.”
In other words, “Miller was not my fault.” Well, apparently Boruff doesn’t consider being Chairman of the Board during the bankruptcy as him being part of the leadership team. He also seems to forget it was apparently his choice to put Carl Giesler in as CEO of the company and he seems to forget that he signed off on an extremely expensive oil well for Miller to drill in Alaska that ultimately hardly produced anything. (Not to mention that it is highly unusual for a small oil and gas operator to risk most of its resources on one well. In most cases small operators form joint ventures to spread the risk.) But then again, in my opinion, as well as the opinion of others (Concerned Miller Shareholders), Boruff had no problems treating Miller as his own personal piggy bank, so why would anyone be surprised that he would risk shareholders money to recklessly roll the dice on a monster well? A monster well that along with other dud wells he signed off on, and in concert with the many other blunders by Boruff as CEO and then Chairman, in my opinion ultimately sunk the company.
https://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
Miller Energy Resources SEC filings:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=mill&owner=exclude&action=getcompany&Find=Search
It is beyond me why anyone would invest in a company led by Boruff. But that’s my opinion. For more on the apparent trail of destruction that Scott Boruff leaves in his path in ventures spanning from real estate to him as the previous CEO and Chairman of Miller Energy Resources, simply google him or follow the links on my previous posts. His track record and insights into him are just a click away. You be the judge.
The more I peel this onion the more it smells. The last layer was rancid. This layer is putrid. More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
HITC CEO Boruff and Judgements
DF, thanks again for your comments about Scott Boruff’s real estate ventures. (Is that ok to post in reference to you?) I had looked at your posts and was aware that you were here well before The Scam Man Boruff came on the scene, so I guess you are stuck with him for now. My condolences. Your mind seems to be made up on him, perhaps others will see my postings differently. (Is that ok to post?) Anyway, from here on out I will post directly about the company and HITC CEO Boruff. Best of luck to you, and I have quite enjoyed your postings on other boards.
As to judgements I found this online, “Research showed that for years Mr. Boruff has been represented by attorney Larry Liebowitz in Knoxville, including what appear from research to be over 30 lawsuits against Scott for failure to pay. He doesn't discriminate when not paying; he runs the gammit as he will screw his landscapers or his major business partners. Mr. Boruff’s father-in-law is also suing Mr. Boruff for $6 million that he owes him. All lawsuits are public record.” I checked and it appears that Knoxville doesn’t provide those records online so perhaps someone in Knoxville could do a in person check at the Knoxville Courthouse.
HITC STOCK HOLDERS BEWARE!
Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, in business, in real estate, everywhere. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links in my previous posts and do your own research.
More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
HITC CEO Boruff appears to fail at real estate too.
DF, in your post you mentioned that you did due diligence on HITC CEO Scott Boruff and his real estate dealings which you found to be “muddy”. This prompted me to do some due diligence on Boruff’s real estate ventures to get more of a picture on Boruff’s capabilities or lack of capabilities which in my opinion applies here. “Muddy”, although it has negative connotations, in my opinion is being nice. Through a simple google search I found the following:
#1- According to Zillow, HITC CEO Boruff bought the Villa Collina for his personal residence on 6/21/2011 for $9,500,000. It is considered the largest house in Tennessee. He in turn auctioned the house on 11/26/2016 for $6,375,000. This represents a loss of 32.9% on his investment to the tune of $3,125,000. Well at least Boruff was consistent when it came to losing money. In addition to overseeing the loss of hundreds of millions dollars as CEO and then Chairman of Miller Energy Resources (Well documented in my previously posts) he also demonstrated a knack for losing massive amounts of his own money when buying and selling his home.
https://www.zillow.com/homes/for_sale/Knoxville-TN/house_type/186228165_zpid/25428_rid/5000000-_price/19941-_mp/globalrelevanceex_sort/36.378726,-83.504334,35.600927,-84.450532_rect/9_zm/
#2- Also from internet research it appears another home that HITC CEO Boruff owned was sold at a loss. According to Zillow the house at 810 Fairway Oaks Dr. in Knoxville was bought by Boruff on 11/22/2002 for $1,525,000. The home was then sold for $977,226 on 12/29/17. Chock up another victory for Boruff on the Real Estate front! LOL. This time he lost $547,774 and recorded another 30%+ loss. I am of the opinion it is quite odd that Boruff apparently held on to his 13,205 sq. ft. house in a swanky golf course community after he bought the Villa Collina, which articles say is the largest house in Tennessee, but then again the more research I do on Boruff the more my opinion is there is no apparent method to his madness and I am still searching for that ever elusive sign of success.
https://www.zillow.com/homes/for_sale/Knoxville-TN/house_type/41700989_zpid/25428_rid/5000000-_price/19941-_mp/globalrelevanceex_sort/35.894606,-84.078468,35.891564,-84.082164_rect/17_zm/
#3- I found this reference to a commercial property venture of Boruff’s on the internet, “this is not Mr. Boruff’s first foray into property development in Alpharetta. He partnered with a Chicago developer there on Hamby Rd. LLC, at 3825 Hamby Rd in Alpharetta. It appears to have ended badly with a substantial judgement against Mr. Boruff.” From a google maps search of the property, it is on a prime corner, in booming Alpharetta Georgia and appears to be vacant. That in itself is odd and certainly could be more proof of a dispute but in full disclosure I cannot substantiate this information that I found on a online search. Perhaps someone else can do a deeper dive or has more information about this venture of Boruff’s.
#4 - Further online research revealed that HITC CEO Boruff was partners with Brandt Enderle & Jim Adair in their company Southern Equity Advisors. Apparently Southern Equity Advisors owned CP Land which owned Carter Plantation. Heres what research revealed on that venture:
Local Developer Faces Lawsuits, Property and Tax Liens as Real Estate Holdings Grow
http://www.knoxmercury.com/2016/09/07/local-developer-faces-lawsuits-property-tax-liens-real-estate-holdings-grow/
Nuveen sues firm over failed golf resort
http://www.dailyherald.com/article/20100611/business/306119541/
My opinion is that this is quite a mess, but again I provide the links so that readers can decide.
Quick research on Brandt Enderle was in my opinion not pretty. But you decide what you think of Brandt Enderle. Google: Brandt Enderle Knoxville Tennessee. Read the articles. My opinion is “WOW” and not in a good way. I also found of interest the following additional link between Enderle and Boruff, “Echo Bistro and Wine Bar owner and chef Seth Simmerman is retiring and has sold the Kingston Pike establishment. A native of Ohio and a Navy veteran, Simmerman, 70, is ending decades of publicly preparing food for East Tennesseans. He came to Knoxville in the fall of 1980 to be chef at downtown's private Club LeConte. Simmerman said he has sold Echo to Knoxville businessmen Scott Boruff and Brant Enderle.” Ever heard the saying, “The company you keep says a lot about you.”?
I have seen enough doing simple research on HITC CEO Scott M. Boruff as a real estate mogul, LOL, to form an unfavorable opinion, but again I encourage all readers to decide on their own and do their own research. Again though, I am curious DF; what was the due diligence you mentioned on HITC CEO Boruff and real estate that prompted you to call it “muddy”? Please provide links to your research.
HITC STOCK HOLDERS BEWARE!
Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, in business, in real estate, everywhere. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links provided here and in my previous posts and do your own research.
As stated before, the more I peel this onion the more it stinks, in fact it is down right rancid. More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
DF, my apologies if I somehow offended you. Again, I applauded you for posts you have made elsewhere. In this case, you posted about CEO Boruff and I in turn posted my opinions on him based upon research. I even posted links so that others could form their own opinion which I always encourage everyone to do. It is certainly your right to completely ignore the following points and consider them nothing more than “old news”:
#1- What the heck, I could see how you would ignore Boruff being sued by his father-in-law for a measly $6M when Boruff oversaw stockholders losses of hundreds of millions of dollars. Shoot it appears to be a rounding error when it comes to Boruff. And for that matter whats $6M between friends or in this case family?
#2- Sure Boruff led Miller Energy Resources off the OTC to the NYSE based upon what the company admitted to was fraud when they grossly inflated the value of their acquisitions in both filings and press releases. But go ahead and ignore that the buck stopped with Boruff when all this fraud transpired. He was also CEO and then Chairman of the Board until the day of bankruptcy when the last of all shareholder value was destroyed. But gosh, there is certainly no reason to consider that he oversaw the collapse of Miller Energy Resources which led to the DELISTING from the NYSE.
#3- While you are at it ignore the open Federal probe of insider trading at Miller Energy Resources, or the numerous lawsuits against Miller Energy Resources that Boruff is named in that are still pending.
Since your mind appears to be made up, as evidenced by “I like my odds with him personally unless I see otherwise.”, on this “old news” perhaps you would like to address the fact that THE ONLY THING BORUFF HAS TRULY ACCOMPLISHED AT HITC IS GETTING IT TO FULLY REPORTING STATUS AND NOW AFTER RAISING MONEY HE CANNOT GET THE LAST QUARTERLY FILING DONE EVEN AFTER HE FILED FOR AN EXTENSION THAT SHOULD HAVE BEEN MET WELL OVER A MONTH AGO.
Is that old news? It is after all going on as I type this. Or perhaps is it as I see it, a very troubling development?
So you are “Watching for the next filings, etc.” So is the SEC for well over a month. At this point, my opinion is that HITC is closer to returning to the pink sheets than remaining where they are.
Maybe HITC will file today! Out of curiosity I researched Miller Energy Resources late Friday filings, which is a common practice for public companies when they want shareholders to miss it or forget about its contents over the weekend. Lots of ugly late Friday filings at Miller Energy Resources. As to HITC nothing yet, but apparently that wouldn’t matter to you DF, since you appear to miss or forget articles that are right in front of you.
Finally, as to the “SEC allowing Boruff to be CEO.” Sure Boruff can be a CEO, for now, but look at the money grab, stock grab, stock option grab, car allowance grab all orchestrated by Boruff at HITC with what appears to be no oversight. Please DF, based on Boruff’s published track record of destruction and enriching himself at the expense of others, justify all of that based upon his lack of accomplishments at HITC. Lately, Boruff can’t even get a quarterly filing done. And while you are at it, please justify someone with his published track record being in charge of a public company with virtually no governance.
In my previous post today I listed links to my research that I formed my opinions upon. In turn DF, you have supplied nothing to justify your high opinion of Boruff except that it appears to be a plus to you that he is not in jail. Please, supply this board with one positive article on anything Boruff has achieved. I cannot find anything, zero! Again, I base my opinions on research and due diligence. You said you did your due diligence. With an open mind as always, I look forward to you posting with links to back up your research so that readers of this board can form their own opinions based upon something more than your conjecture.
HITC STOCK HOLDERS BEWARE!
Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, all while enriching himself. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links in my previous post and do your own research.
As stated before, the more I peel this onion the more it stinks. Thats it for me today, more soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Google the CEO, In My Opinion He’s a Disaster.
DF, I looked into your posts on other boards and with all do respect to you, my opinion is you are really off base on HITC and their new CEO, Scott M. Boruff. Did you google this hack? Instead of S.M. Boruff, in my opinion his real name should be S.cam M.an Boruff. But don’t take my word, instead here are a few links to give you some insight into The Scam Man:
Feds Open New Probe of Miller Energy
https://www.knoxnews.com/story/news/local/2016/11/11/feds-open-new-probe-miller-energy/93600512/
Miller Energy founder sues ex-CEO for $6M
http://archive.knoxnews.com/business/miller-energy-founder-sues-ex-ceo-for-6m-2-366527011.html
Miller Energy: The rise and fall of Knoxville's would-be oil empire
http://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
Warning Bells
http://www.esquire.com/lifestyle/money/a12412/miller-energy-resources-stock-0212/
Gordon Ball Lawsuit
http://www.gordonball.com/complaint.pdf
Concerned Miller Shareholders (CMS) Seek to Unlock Value at Miller Energy by Reconstituting the Board and Replacing Management
http://www.prnewswire.com/news-releases/concerned-miller-shareholders-cms-seek-to-unlock-value-at-miller-energy-by-reconstituting-the-board-and-replacing-management-236186481.html
Now lets look at what Boruff has achieved at HITC so far. He first came on the scene and convinced its very young, perhaps naive board member and majority shareholder Jeremy Gindro to give him a $20,000/month consulting contract and around a third of the stock. It then took Boruff TWO YEARS to get the company (TCKF at that time) to a fully reporting public company. This “seasoned” (LOL) CEO then rolled a company that appears he had done nothing with for years, IndeLiving, into TCKF/HTIC and again grabbed even more stock. In my opinion, his ownership percentage is beyond absurd, but from research it appears to be par for the course for The Scam Man.
While TCKF was pursuing reporting status did Boruff manage to grow the existing cannabis staffing company to at least breaking even? Not at all. He had an opportunity to expand a cannabis staffing business, in a “hot” and burgeoning industry, located in Pueblo the grow facility capital of Colorado, and yet as a high paid consultant he couldn’t get the company remotely out of the red. Amazingly, it even gets worse; his only true accomplishment which was getting the company back to fully reporting status is now in jeopardy as a result of all things, FAILING TO FILE even after raising ~$1M to grow the company and pay the bills. HITC filed for an extension on its Quarterly filing that was now due well over a month ago. It’s all in the company filings:
https://www.sec.gov/cgi-bin/browse-edgar?company=Tomichi+Creek+Outfitters&owner=exclude&action=getcompany
But wait theres more;
As the new HITC CEO, Mr. Boruff awarded himself a $300,000 a year salary, a car allowance and bonus stock options. This is the same Scott M. Boruff who oversaw the Miller Energy Resources (MILL) debacle as CEO and ultimately Chairman of the Board and who lost HUNDREDS OF MILLIONS OF DOLLARS of shareholders money, was in charge and oversaw the company when it was charged by the SEC with massive fraud which the company ultimately agreed took place, and is now CEO of a public company with virtually NO GOVERNANCE IN PLACE. I am of the opinion that Mr. Boruff essentially has no oversight! No one to keep him in check. His own little fiefdom.
A simple google search reveals details about The Scam Man. Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, all while enriching himself. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links and do your own research. Here is how it reads to me; The Scam Man Boruff is a proven disaster. It’s ugly.
HITC STOCK HOLDERS BEWARE!
The more I peel this onion the more it stinks. More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Google the CEO, In My Opinion He’s a Disaster.
DF, I looked into your posts on other boards and with all do respect to you, my opinion is you are really off base on HITC and their new CEO, Scott M. Boruff. Did you google this hack? Instead of S.M. Boruff, in my opinion his real name should be S.cam M.an Boruff. But don’t take my word, instead here are a few links to give you some insight into The Scam Man:
Feds Open New Probe of Miller Energy
https://www.knoxnews.com/story/news/local/2016/11/11/feds-open-new-probe-miller-energy/93600512/
Miller Energy founder sues ex-CEO for $6M
http://archive.knoxnews.com/business/miller-energy-founder-sues-ex-ceo-for-6m-2-366527011.html
Miller Energy: The rise and fall of Knoxville's would-be oil empire
http://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
Warning Bells
http://www.esquire.com/lifestyle/money/a12412/miller-energy-resources-stock-0212/
Gordon Ball Lawsuit
http://www.gordonball.com/complaint.pdf
Concerned Miller Shareholders (CMS) Seek to Unlock Value at Miller Energy by Reconstituting the Board and Replacing Management
http://www.prnewswire.com/news-releases/concerned-miller-shareholders-cms-seek-to-unlock-value-at-miller-energy-by-reconstituting-the-board-and-replacing-management-236186481.html
Now lets look at what Boruff has achieved at HITC so far. He first came on the scene and convinced its very young, perhaps naive board member and majority shareholder Jeremy Gindro to give him a $20,000/month consulting contract and around a third of the stock. It then took Boruff TWO YEARS to get the company (TCKF at that time) to a fully reporting public company. This “seasoned” (LOL) CEO then rolled a company that appears he had done nothing with for years, IndeLiving, into TCKF/HTIC and again grabbed even more stock. In my opinion, his ownership percentage is beyond absurd, but from research it appears to be par for the course for The Scam Man.
While TCKF was pursuing reporting status did Boruff manage to grow the existing cannabis staffing company to at least breaking even? Not at all. He had an opportunity to expand a cannabis staffing business, in a “hot” and burgeoning industry, located in Pueblo the grow facility capital of Colorado, and yet as a high paid consultant he couldn’t get the company remotely out of the red. Amazingly, it even gets worse; his only true accomplishment which was getting the company back to fully reporting status is now in jeopardy as a result of all things, FAILING TO FILE even after raising ~$1M to grow the company and pay the bills. HITC filed for an extension on its Quarterly filing that was now due well over a month ago. It’s all in the company filings:
https://www.sec.gov/cgi-bin/browse-edgar?company=Tomichi+Creek+Outfitters&owner=exclude&action=getcompany
But wait theres more;
As the new HITC CEO, Mr. Boruff awarded himself a $300,000 a year salary, a car allowance and bonus stock options. This is the same Scott M. Boruff who oversaw the Miller Energy Resources (MILL) debacle as CEO and ultimately Chairman of the Board and who lost HUNDREDS OF MILLIONS OF DOLLARS of shareholders money, was in charge and oversaw the company when it was charged by the SEC with massive fraud which the company ultimately agreed took place, and is now CEO of a public company with virtually NO GOVERNANCE IN PLACE. I am of the opinion that Mr. Boruff essentially has no oversight! No one to keep him in check. His own little fiefdom.
A simple google search reveals details about The Scam Man. Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, all while enriching himself. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links and do your own research. Here is how it reads to me; The Scam Man Boruff is a proven disaster. It’s ugly.
HITC STOCK HOLDERS BEWARE!
The more I peel this onion the more it stinks. More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.