Friday, July 05, 2013 4:13:54 PM
Disbursements appear be made by an affiliated representative through personal accounts. The essential question is the management of equity as evidenced in the sale of 200 million shares to the majority owner for a no interest note at below market price.
The financial statements are unaudited and do not support the alleged operations of a business.
HALB does not appear to be more than a shell. The press releases are deceptive as evidenced in the Feb 28 announcement of new marketing, sales, R&D, and production facility in Vegas. The Vegas facility is a PO box.
The company does not have employees. The company has no production/manufacturing in Vegas or Concord.
There are no marketing, sales, or R&D personnel. There has not been a release that details the background, education, and experience of the new president. This is another mystery.
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