The only involvement he had until now, was that he had put the deal together to take Baron Intl. public under the PRSU shell that became BIHC. He as been friends with Ingala for 30+ years, and thought he was helping his friend to retire.
He has been acting as a consultant to BIHC, to help them get back to trading
It was bashers, that painted the ugly picture of Ed Hayter. Of course, once they convinced everyone that Ed was this horrible person, No longs wanted BIHC to be associated with him. The fact that he provided the shell for the deal was disclosed on this board while BIHC was still on the Pinks. Many longs knew this to be true, but that it did not constitute involvement in the company.
To date, no one has ever produced any evidence that Ed is some kind of scam artist, or even a bad person. I have spoken to him on several occasions, and I find him to be a very good man.
I for one, am glad to see him step up, and run the company. He is extremely qualified IMHO.
SpongeBath
