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Re: whynot3 post# 213785

Friday, 11/09/2018 9:37:55 PM

Friday, November 09, 2018 9:37:55 PM

Post# of 226099
Back in 2013, William White was the CEO of HSCO. HSCO and OLIE were closely related, and both were into Javan King's scammy idea about "eliminating debt from the balance sheet" by exchanging it for convertible preferred stock. The scheme was more complicated than that, but no point going into it in detail.

OLIE and HSCO were suspended by the SEC in early 2013. That was just when Shykora was dealing with them and with King. He issued convertible preferred to ANDI shareholders. He bungled the issuance by screwing up the certificates. There was more to be done, had Shykora followed King's plan, but the suspension of OLIE and HSCO seemed to put a stop to that. Shykora quickly departed.

And the new ANDI CEO was... William White.