In Ovations Holdings Inc. (INOH)

[Raider21]

The "RV Hispaniola". Sources in Puerta Plata have said that the law firm of Fernan Ramos is currently trying to sell the boat to Russian client for $750,000. which is highly unlikely. We as claimants have not been informed of anything. Opinion is the price is ridiculous and the deal won 't happen. Client knows nothing about the condition of the boat's hull or U.S. Flag ABS violations. There is also said to be conflict between the law firm and the Ocean world Marina who want the vessel sold quickly before it potentially sinks in their marina and they want their $100K + dock bill paid. Although I cannot produce written evidence at this time, this all strongly suggests that the court proceedings are done and the lawyer has possession of the vessel. Otherwise he would not be in a position to sell it. Also, if that were not so, it could't have been previously advertised for bid which was posted here. I suspect that MEI has lost possession of their only flakey asset. That's my opinion.