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GOLDENBOLLOX

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GOLDENBOLLOX

Re: raj4names post# 10670

Wednesday, 12/29/2010 9:20:05 PM

Wednesday, December 29, 2010 9:20:05 PM

Post# of 18385
Sums it up quite nicely methinks.

Additionally, Dr. Hill stated that raising debt and/or equity capital would be extremely difficult, if not impossible, because of liabilities associated with existing and contingent shareholder suits based on 2005 false representations by Mr. Mast and George Moore, two HydroFlo officers at the time, about company assets and related performance expectations; and, other threatened shareholder actions related to 2006 statements by Messrs. Mast and Moore regarding promised dividends that have never occurred; and, SEC sanctions against Mr. Mast and HydroFlo.



http://www.sec.gov/Archives/edgar/data/1107809/000114036106010039/form8-k.htm

Disclaimer - I am not a basher, disgruntled ex-employee, hedge fund employee etc etc. I am a regular guy who is fed up with people being scammed.

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