InvestorsHub Logo
Followers 48
Posts 12052
Boards Moderated 0
Alias Born 09/12/2017

Re: jlee3 post# 16196

Friday, 10/06/2017 3:30:36 PM

Friday, October 06, 2017 3:30:36 PM

Post# of 21990

Can you explain how his "barred" record affected his ability to do his job less than half a year ago when he completed the reverse merger into INVU, which was trading with a market cap of ... $630,000 ?!?!?!?!



Question- 1). Are INVU and WealthColony LLC FINRA member firms? 2). Was Hagan's title "Managing Partner" at W/C make him operating in a "principal" capacity?

Many legal documents designate a "principal," the majority of which refer to someone with decision-making authority.


http://www.investopedia.com/ask/answers/070815/what-are-responsibilities-principal-company.asp

If the answer is yes to both questions, then Hagan is in direct violation of a PERMANENT Bar from FINRA.

In other words, (if yes) Hagan had no business whatsoever completing a reverse merger into INVU imo.



Who cares if traders have to chase this stock? Judging by the volume and the market's lack of interest for the shares, they'd rather chase than get stuck in a possible cancellation or halt.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.