InvestorsHub Logo
Followers 6
Posts 146
Boards Moderated 0
Alias Born 02/10/2005

Re: ramjet post# 4188

Monday, 08/15/2005 11:41:16 AM

Monday, August 15, 2005 11:41:16 AM

Post# of 4978
Not if the assets you're transferring

...to yourself or a spouse belong to a public company, ramjet; that can be, and usually is, highly illegal, outside of legitimate and approved compensation plans. See this claim in Connors' original complaint:

"The Cohns and H-Quotient are also believed to be taking and/or transferring assets from H-Quotient to and among themselves and Standard Holdings for no consideration...."

Source: http://hquotient.myblogsite.com/_attachments/860247/connors%20v%20cohn.pdf


"I think it makes sense to put assets in one spouses name for many reasons...no smoking gun on that issue."


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.