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Sunday, 03/20/2016 10:44:11 AM

Sunday, March 20, 2016 10:44:11 AM

Post# of 3534
PAUL DIFRANCESCO - History of Fraud and Bankruptcies....Something has always really bugged me about Paul DiFrancesco's relationship with STW. The bulk of the management team has ties to the oil field or West Texas, except for Paul. He has no water experience and is listed as the Financial Director. One must assume he was brought in to manage the finances and secure capital for funding. He's based out of Southern California so I thought I'd do some investigating and figure out just why this guy might be worth the lucrative employee compensation agreement he's been able to negotiate. Surely he must have decades of success and a proven track record. Below is all I was really able to dig up.

A pending Chapter 7 bankruptcy case in southern California http://www.plainsite.org/dockets/28c4ll1pn/california-southern-bankruptcy-court/paul-c-difrancesco/

And a record of complaints and accusations of dishonesty, and one prior Pump and Dump scheme. http://brokercheck.finra.org/Individual/1932215

Seems like a real financial wizard and just the guy to steer STW on their path to prosperity.

Starting to make sense.....

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