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.
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.
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