Renee can chime in on this. The CEO Franny took the company down... an actual water business with a current bottling plant in NY and a private water company across the border in Canada. Went into bankruptcy and looks to be sold or in process thereof to a private investor.. of which it seems is a cozy relationship. I am sure there have been updates but I have not yet checked.
In this case with HPTG, Zaric is making good money. Financials could be done. I think there is more to the story than we know. Perhaps some things of international intrique...who knows what. But for sure, something is amiss. I think he wants to go private to get out of the public arena which can be way more complicated and devastating from many fed agencies if in fact something is perhaps even criminal in nature taking place or in the past. Just speculation here but certainly not unheard of, albeit rarely published for political considerations, these things do happen and are more common than one would want to believe.
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