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Post# of 7197
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Wednesday, 01/19/2011 6:37:14 PM

Wednesday, January 19, 2011 6:37:14 PM

Post# of 7197
Make sense of this info please.

HLNT who's in a legal dispute with NIR claims to own companies named Hoss Motor Sport Inc (HMSI)and Highline Hydrogen Hybrid Inc (HHHI) and now a lotta money seems to be owed to or claimed to be owed to Ex HLNT director Charles Foster per the purchase of HMSI And HHHI. Just lookin at public docs and HLNT past PR's I found this rabbit hole.

1. May 2009 In a company PR CEO Steven Humphries reported that he had assigned his interest in HMSI and HHHI to HLNT.

2. May 20, 2009 In a company filing with the Arkansas Sec of State it was reported that HMSI had one officer Charles Foster who was also the Reg Agent for the company. That claim is the last filed but now shows HMSI as inactive as of about two weeks ago.

3.. May 29, 2009 In court documents filed in Arkansas per a dispute concerning the sale of HSMI to another company (China something?) a document was filed showing a Brad Foster had transfered/assigned ownership of all HMSI assets and equity ownership to Mark Silva who is a present director of HLNT

4. Dec 31, 2009 In company filings for HHHI with the Arkansas Sec of State filed on 7-28-08 it lists officers Mel Robinson, Charles Foster and Brad Foster and shows the company as being revoked as of Dec 31, 2009.

Who is the real owners of these companies if they actually do still exist, which available docs show they don't. How could Steven Humphries transfer ownership of his equity in these companies if Mark Silva is the owner of record of HMSI. If Humphries actually did have an equity position in HHHI as far back as May, 2009 and installed Robinson and the Fosters as directors why was the corporate status revoked several months later and Systems Evolutions now HLNT name never appeared in any required corp. filing? Better yet why is HLNT now claiming in the recent NIR Counterclaim that Charles Foster is due some 2.8 million dollars as part of the purchse of these companies by HLNT? It appears Foster had no equity position to sell and it's questionable if these companies even exist. Was there any 3rd party evaluations or audit of these transaction and the asset ownership transferred? Can or will HLNT show proof of ownership and existence of these sub companies? HLNT does not file 8k information statements. Recent posts by defenders of HLNT say they are not interested in opinion but only facts. I'd think they'd stop posting their opinion on these companies until the facts above are shown to be incorrect. My opinion is that this whole company situation fits a pattern. A pattern of past transactions like these involving HLNT CFO Mel Robinson. A convicted fraud felon who is the HLNT CHIEF FINANCIAL OFFICER and appointed all present company directors.
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