Healthcare Integrated Tech Inc (HITC)

[Verado]

Google the CEO, In My Opinion He’s a Disaster.

DF, I looked into your posts on other boards and with all do respect to you, my opinion is you are really off base on HITC and their new CEO, Scott M. Boruff. Did you google this hack? Instead of S.M. Boruff, in my opinion his real name should be S.cam M.an Boruff. But don’t take my word, instead here are a few links to give you some insight into The Scam Man:

Feds Open New Probe of Miller Energy
https://www.knoxnews.com/story/news/local/2016/11/11/feds-open-new-probe-miller-energy/93600512/
Miller Energy founder sues ex-CEO for $6M
http://archive.knoxnews.com/business/miller-energy-founder-sues-ex-ceo-for-6m-2-366527011.html
Miller Energy: The rise and fall of Knoxville's would-be oil empire
http://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
Warning Bells
http://www.esquire.com/lifestyle/money/a12412/miller-energy-resources-stock-0212/
Gordon Ball Lawsuit
http://www.gordonball.com/complaint.pdf
Concerned Miller Shareholders (CMS) Seek to Unlock Value at Miller Energy by Reconstituting the Board and Replacing Management
http://www.prnewswire.com/news-releases/concerned-miller-shareholders-cms-seek-to-unlock-value-at-miller-energy-by-reconstituting-the-board-and-replacing-management-236186481.html

Now lets look at what Boruff has achieved at HITC so far. He first came on the scene and convinced its very young, perhaps naive board member and majority shareholder Jeremy Gindro to give him a $20,000/month consulting contract and around a third of the stock. It then took Boruff TWO YEARS to get the company (TCKF at that time) to a fully reporting public company. This “seasoned” (LOL) CEO then rolled a company that appears he had done nothing with for years, IndeLiving, into TCKF/HTIC and again grabbed even more stock. In my opinion, his ownership percentage is beyond absurd, but from research it appears to be par for the course for The Scam Man.

While TCKF was pursuing reporting status did Boruff manage to grow the existing cannabis staffing company to at least breaking even? Not at all. He had an opportunity to expand a cannabis staffing business, in a “hot” and burgeoning industry, located in Pueblo the grow facility capital of Colorado, and yet as a high paid consultant he couldn’t get the company remotely out of the red. Amazingly, it even gets worse; his only true accomplishment which was getting the company back to fully reporting status is now in jeopardy as a result of all things, FAILING TO FILE even after raising ~$1M to grow the company and pay the bills. HITC filed for an extension on its Quarterly filing that was now due well over a month ago. It’s all in the company filings:
https://www.sec.gov/cgi-bin/browse-edgar?company=Tomichi+Creek+Outfitters&owner=exclude&action=getcompany

But wait theres more;
As the new HITC CEO, Mr. Boruff awarded himself a $300,000 a year salary, a car allowance and bonus stock options. This is the same Scott M. Boruff who oversaw the Miller Energy Resources (MILL) debacle as CEO and ultimately Chairman of the Board and who lost HUNDREDS OF MILLIONS OF DOLLARS of shareholders money, was in charge and oversaw the company when it was charged by the SEC with massive fraud which the company ultimately agreed took place, and is now CEO of a public company with virtually NO GOVERNANCE IN PLACE. I am of the opinion that Mr. Boruff essentially has no oversight! No one to keep him in check. His own little fiefdom.

A simple google search reveals details about The Scam Man. Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, all while enriching himself. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links and do your own research. Here is how it reads to me; The Scam Man Boruff is a proven disaster. It’s ugly.

HITC STOCK HOLDERS BEWARE!

The more I peel this onion the more it stinks. More soon.

HITC Stock Opinion: This is not going to end well. HARD SELL

The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.