Replies to post #30003 on Healthcare Solutions Mgmt. Group Inc. (HSMD)

[sunspotter]

Plausible deniability for when the Feds come calling, huh?

"That is still true today where it was erroneously* reported that I assumed CEO position."

More like implausible deniability.

While Duane Spader was the tool of Wright and Hoffman in this egregious scam, he know what he was doing.

*How does a major event like the re-instatement of a CEO get "erroneously" reported by the allegedly outgoing CEO, I wonder? When thieves fall out, honest men come by their own, we hope.

"To Verity Shareholders,

I am sending this e- mail to inform you that on January 26, 2016 I received a written notice from Mr. Duane Spader, the majority shareholder and principal creditor of Verity Corp.

Mr. Spader stated that, in the best interests of Verity Corp, it was important for Mr. Ron Kaufman, the other sitting Board member, and me to immediately resign our positions as directors and officers so that he could bring in a new management team to restructure the company and advance his business plan for the company.

Due to family and personal health issues, and with the best interests of shareholders in mind, I tendered my resignation on February 17, 2016, allowing Mr. Spader to assume the CEO position of Verity Corp. As demanded by Mr. Spader, I relinquished all company records to him.

Because of Mr. Spader’s extensive experience in working with many companies and making thousands of businesses successful as the founder of Spader Business Management, I felt it best that Verity Corp. benefit from his operational expertise. Notably, given his senior creditor status, Mr. Spader is in a better position to restructure the company debt he holds.

Any questions on the current status of the company and investor relations inquiries should to be directed to Mr. Spader at [e-mail], or by phone at 1-605-351-9084.

As a fellow shareholder, I look forward to the continued progress of Verity Corp.

Respectfully,

Verlyn Sneller
Former CEO of Verity Corp.
________________________________________ "

[Prudent Capitalist]

Since you are in contact with Duane Spader please pose the following questions to him on behalf of all shareholders:

Mr. Spader claims to have all of these outstanding shares and that he is the largest shareholder, and also claims to have loaned the company huge sums of money. If these assertions are true, why are there are no requisite filings of record to reflect either the debt or the issuance of the shares, and why aren't there any requisite references in the past financials statements to reflect these items and the consideration and reflection of capital or other items to back this up?

And, given the sudden departure, i.e. ouster, of Richard Kalmovathin, is it possible that as he delved into things as CEO he was questioning the efficacy and legitimacy of the claimed shares and debt which Mr. Spader is still claiming today? Hmmmmm......

Please also ask Mr. Spader why else Richard K. would have been abruptly ousted given that VRTY was really on a roll at that time in early August 2014, having just reported record quarterly revenue of around $1.75 Million, was engaging in real transparency with shareholders (including Mr. Spader)and had PR'd a number of exciting developments and revenue producing projects and deals, was getting great media coverage including positive articles in the New York Times and USA Today, and was prominently referenced as an "Advisory" client on the web site of a reputable New York Investment Bank, to note just some of the positive things surrounding the company and creating true shareholder value at that time.

If Mr. Spader's claimed debt and shares are legitimate, then he has a golden opportunity to take real steps right now to reassure shareholders and to begin to fulfill his legal obligations and fiduciary duties to VRTY shareholders, and to come clean on everything and bring all of the requisite SEC filings current and out in the open. Anything short of this will, IMO, raise serious issues for Mr. Spader.

IMO, shareholders must now be vigilant here more than at any time in the past. If it at any point appears that Mr. Spader is not fulfilling his fiduciary duties and legal obligations to shareholders, then a class action shareholder suit or SEC investigation would be warranted, IMO.

[oxnous]

Hey, domino!. Can you ask Spader why he is suing Verity now?

Looks like Spader is suing Verity because he says he owns over 20 million shares and is owed millions of dollars by the company. How did he get all those shares?

District Court Civil Clark County, Nevada
Case # A-16-733815-W

Plaintiff- Somerset Capital. Ltd. (acting as a proxy for Duane Spader) Attorney: Dubowsky Law Office, 702-360-3500

Defendant-- Verity Corp.

Maybe it makes sense now. Sneller sent out an e-mail last year saying that he was having trouble with the largest shareholder (and an ex-CEO of Verity).

This Duane Spader sounds like his ethics (or management skills) are lower than whale s#it. Did he get all these shares and debt when he was CEO? How the hell does he own all those shares? He did not buy them, apparently--because the company still "owes" him money. So he did not "buy" those shares. He probably gave them to himself.

Now, I will be the first to say that if Spader comes in to defend the rights of shareholders and turns things around--I will crown him king--King of Spader Business Management--or something.

But this lawsuit suggests that he is suing for what he can
get out of the company. This lawsuit should be monitored by shareholders.

The attorney mentioned is a proxy for Spader. Who is looking after the interests of shareholders?

Does anyone here know anyone in Sioux Falls?

I did not sell my shares for a loss last year because I was hoping that the planting season was coming up. What a circus.