Huffman is, last I checked, an SEC-banned attorney who occasionally does work for Pierce. Huffman and Klein made up Victory Partners, who were Pierce's old business partners at DKTS. They sued Pierce claiming that he had broke into their offices and stole share certificates, hijacking the DKTS shell. Pierce never denied it, but called their lawsuit a fraud in various PRs. See quote here for example:
The lawsuit was a dark shadow hanging over DKTS for a year or so, distracting investors from the "imminent" launch of Besado (that never actually happened, with Besado instead being transferred over here without payment to DKTS).
Then they made up and settled the lawsuit, with Pierce issuing 125MM shares to Victory Partners that were then dumped into the market. See here:
Funny thing, a year or so later Pierce hired Huffman again (apparently they got past the whole burglary/fraud accusation thing) to sue their former IR guy Lou Levenstein for allegedly trying to screw up ISBG's deal with Jackie Autry (as if they needed any help lol), by trying various approaches to get Pierce to pay back Lou's friends/clients who invested a bunch of money in DKTS only to have Pierce steal the assets away and transfer them here, and then deny their debt notes existed. The end result of that, as far as I can tell, was the issuance of a bunch of shares to pay the two "Palm Beach Noteholders" off in early 2016, which is what crashed the stock down from .015 to .0002 within a month or so.
There's tons more but it's the weekend and I got a pool to go to ;)
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