Helios and Matheson Analytics Inc (HMNY)

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ITS A WONDER THIS DUDE IS ALIVE

Three other ventures — XStream Beverage Network Inc., Purple Beverage Co., and vitamin marketing firm LTS (or "Live The Source") Nutraceuticals Inc. — went public while associated with Farnsworth. In each case, share values fell 99 percent within three years, rendering the value of each at less than $1 per share, according to a Bloomberg article. SunBiz records show Farnsworth, the registered agent for each, was CEO of XStream and Purple Beverage, and chairman of LTS.

Farnsworth was also CEO for The Source Vitamin Company when it was evicted from its Coconut Creek offices through a 2013 court proceeding.

Beyond these business woes, since 1990 Farnsworth personally has been liened 11 times for failing to pay federal income taxes on time. The most recent IRS settlements, dated February 2018, were for more than $100,000 for taxes due in 2016.

In addition, in 1993, Farnsworth filed for personal bankruptcy.

Earlier this week, Business Insider reported that Helios' current board member and investor Muralikrishna Gadiyaram also has a troubled past. Gadiyaram, Helios' third-largest shareholder, served as chief executive of an Indian company that owned 75 percent of Helios under the name Helios and Matheson Information Technology. An Indian court ordered the liquidation of that company after it failed to repay creditors, according to Business Insider.