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Re: tynich01 post# 21732

Monday, 03/24/2014 10:34:37 PM

Monday, March 24, 2014 10:34:37 PM

Post# of 50889
1. Chua and Anderson knew about the CTO and willingly and knowlingly violated it.
2. They brought in $58500 in revenue illegally. They can be sanctioned and required to pay those funds back to the investors at the shareholders' expense since those clowns already used those funds to pay interest on their perpetual debt (or their vacation/new car funds).
3. They didn't tell the Canadian investors about the CTO - thus significantly reducing the value of the assets and making it significantly harder to liquidate them legally. (Screwing over their partners)
4. Reputation tarnished.. AGAIN.
5. Why would a real company be interested in working with executives that knowingly mislead and withhold crucial information just to line their pockets with cash? Red flags.
6. When the sanctions/punishment is determined, there will automatically be a PR published on US wires (just like when this exact same thing happened in 2009 with the original CTO). Everyone will know about OTHM being punished for something they obviously did.

http://www.otcmarkets.com/stock/OTHM/news/Cease-Trade-Order?id=13945&b=y
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