I feel bad for the people that Bernard Finley screwed over in HAON I really do which is why I'm taking the time to expose HAON for what it really is. Unfortunately for HAON shareholders, Bernard Findley signed the stocks death warrant with the Northbridge Financial Inc 3(a)(10) deal and put the nails in the coffin with the EROP Capital LLC 3(a)(10) deal.
One of the most important lessons to learn in penny stocks is that history repeats itself and so some day down the road Bernard Finley might try to screw over the shareholders in another stock the same way he did the HAON shareholders. By exposing all the dirty rotten things he did to the HAON shareholders (fake audits, fake buyouts, fake dividends, worthless acquisitions that only benefited himself at the expense of retail shareholders, suspicious consulting deals, and illegal 3(a)(10) share transactions) maybe it will make it a little harder for him to get away with it again in the future with other public tickers.
For anybody that is curious I took the time to download all the documents from the court website for all the HAON expenses that EROP Capital paid off (besides the HOPPS Companies acquisition) in their 3(a)(10) settlement agreement so that people will know what all the billions and billions of new shares entering the float helped pay for:
$18,000 owed to Closeout Connections Corp for consulting. Closeout Connections Corp is a store in Alabama run by Yvonne Burgamy (an avid gamer) according to info online, they sell xbox 360 12 month memberships, jewelry, health, beauty, and misc. items at low cost. This expense makes no sense to me. https://promotionstocksecrets.com/wp-content/uploads/2017/11/EROPBURMANY.pdf
$31,800 owed to Bruce Harmon as a financial consultant for time spent by Harmon assisting HAON with financial statements. Harmon gets paid $100/hour for his time. According to the information included in the court filings, Harmon was already owed $14,850 coming into 2017 (no invoice was provided for that expense) then Harmon billed HAON 75 hours in January ($7,500), 16.75 hours in February ($1675), and 7.75 hours in March ($775) https://promotionstocksecrets.com/wp-content/uploads/2017/11/EROPHarmon.pdf $24,800 of those same expenses were also paid off by Northbridge Financial Inc as part of their 3(a)(10) transaction - I can't really explain the double billing this time - something fishy is going on https://promotionstocksecrets.com/wp-content/uploads/2017/11/HAONNorthbridgeHarmon.pdf
- $210,671.32 that Findley's Centerpoint Brands Inc owed Quad Graphics - $100,000 owed to the HAON accountant Friedman LLP who HAON claimed was going to perform an audit for a Form 10 filing but never did - $4,322.12 owed to the HAON transfer agent - First American Stock Transfer - $24,800 owed to Lakepoint Business Services Inc (Bruce Harmon) for consulting services provided to HAON - $30,000 to Windsor Street Capital LP for acting as the broker for the 3(a)(10) debt to share transaction.
Probably the oddest thing besides the double billing which went over the $63,471 from the press release and the $18,000 owed to some video game store in Alabama is how much money Bernard Finley spent on accountants and financial consultants especially considering that HAON only files unaudited financials with the OTC Markets.
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