In Ovations Holdings Inc. (INOH)

[VeronicaFox]

A “compensation committee” is a set of independent directors who set pay rates for senior management. Ha ha, INOH is not exactly Microsoft. Meanwhile Goldy is still listed as CEO, Interim CFO, President. That will most likely present a problem since an officer / director bar was imposed, a penny stock bar, and orders that Goldberg pay disgorgement of $250,000, representing profits gained as a result of the conduct alleged in the complaint, plus pre-judgment interest of $44,889.86 for a total of $294,889.86.

As Renee told us, the $150,000 judgement is against the company, In Ovations Inc., and that judgement stays against the company even if the company changes its name, business, or management.