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Re: moviesam post# 370637

Thursday, 04/25/2024 5:16:11 PM

Thursday, April 25, 2024 5:16:11 PM

Post# of 370890
Unfortunately, in today's OTC sewer, gross negligence - while disgusting and clearly Olympic level in the case of Parki - isn't a federal crime. I followed another OTC sewer king that did some of the most blatantly illegal shit (while incarcerated on unrelated charges), and it still took heaven and earth to get the SEC up off it's ass, investigating, then assembling enough for a Grand Jury indictment. And that company is still limping along in the Expert Market while the lawsuit plays out in the courts - shockingly yet to be delisted.

There is a reason HHSE doesn't have a proper BOD and structure that would otherwise toss a nitwit like Parkinson out on his ass. So the only potential recourse is 1) involuntary bankruptcy, which has essentially been attempted in several forms by various creditors (but alas, no assets to collect); or 2) a Shareholder Oppression Lawsuit (bylaws depending). And the dwindling few limp-dick guppies still hanging around waiting for table scraps don't have the brass required to file a damn thing.
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