InvestorsHub Logo
Followers 0
Posts 348
Boards Moderated 0
Alias Born 07/13/2020

Re: Hoooonky post# 2465

Monday, 03/01/2021 4:09:34 PM

Monday, March 01, 2021 4:09:34 PM

Post# of 20303
Guessing and estimating is not the right way to do business. The company aka GC never been transparent about financials. He has con many bond holders/ investors.
SEC filing

Purpose of Transaction

The Investment Entity, by virtue of the Assignment, acquired most of the Securities during 2015 and 2018, based on what are believed to be a series of misstatements and over-aggressive representations by the Issuer’s Chief Executive Officer Gerald Commissiong. The Reporting Persons believe that the subsequent decision of the Issuer to suspend its reporting obligations provided the Issuer to undertake a dramatic effort to divert corporate opportunities from the Issuer to other companies in which Mr. Commissiong had an interest, thus depriving the Reporting Persons and other creditors and shareholders the ability to receive value and a return on invested capital in the Issuer.