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Friday, 02/26/2016 12:12:29 PM

Friday, February 26, 2016 12:12:29 PM

Post# of 82706
HDSI annual report filed 02/17/16, new officers installed

HDSI finally paid up the owed business license fee and the company license is valid until November 2016, and listed new officers for the company.

One thing that I found surprising with the annual report filing is that the officers are Vikram Grover as President and Treasurer plus the other officer is Barbara Laken as a Director and Secretary. I expected that someone with CMGO would be the officers and directors of HDSI.

I do not see much of anything interesting on the new officers, so far, but I have not looked that much.

The only interesting news item I could find about Barbara Laken, from a quick search, is that her mother, Florence Banta, was involved in a tragic accident at the age of 80 by falling down a trash shute in her building. The worst part of the accident is that, according to the newspaper accounts, that accident was the second time something like that happened at her mother's building. A similar accident took place about a year before, so there was a chance to fixed the problem before it happened again.
http://articles.chicagotribune.com/2013-04-02/news/chi-gold-coast-tash-chute-fall-neighborhood-20130401_1_trash-chute-garbage-chutes-chute-door
http://www.nydailynews.com/news/national/elderly-chicago-woman-found-dead-bottom-trash-chute-article-1.1306166

Vikram Grover is listed as an investment adviser with the SEC. The register as an investment adviser or broker was until 07/2015, so it looks like he does not work at the moment, as a broker or a SEC registered investment adviser.
http://www.adviserinfo.sec.gov/IAPD/Individual/2525942
He use to be registered with Source Capital Group in Chicago, IL from 2006 to 2015 as an investment adviser, and another section of the report lists him as still working there. He passed the series 63 exam according to the report. The report also lists he worked at Merriman Curham Ford and Company in 2006; plus currently has 150,000 stock options with a strike price of $0.07 for Infrax Systems Inc. (According to the Dec 31, 2015 10Q report, Infrax Systems seems to have no revenue, is trading at $0.0001 with an average of only 6 million shares per day for the last 30 days trading or $600 worth of stock, cash is negative $53, equity is negative $641K. It looks like the company is dead since liabilities are far higher than assets and there is no revenue.)


Louis J. Desy Jr.











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