InvestorsHub Logo
Followers 0
Posts 2218
Boards Moderated 0
Alias Born 05/12/2005

Re: flybyday post# 142172

Monday, 11/19/2012 11:39:34 AM

Monday, November 19, 2012 11:39:34 AM

Post# of 157300
Interesting... I had requested to participate in a private funding back when Rob was IR Director, and was turned down. The reason given was at the time they were only taking money from institutions, not individuals. About a year later I was able to participate at a price that was quite a bit lower then the first one. I wish I could have had the money I spent at 7.5 cents to buy more shares at a penny.

Not arguing lack of FINRA registration. But I was told by numerous shareholders the reason HW was pushed out of the company was because he was on some sort of SEC bad guy list, and the only way the SEC settlement would take place is if he was gone from the company. I'm pretty sure I know where they were getting their information.

That sounds reasonable... except for a number of emails Clark sent him later asking him to come back and help the company raise capital. Offered him a salary and everything. Kinda blows the whole SEC bad guy list theory full of holes. This was after the settlement.
Join InvestorsHub

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.