Always good to know and understand. Obviously, the FIRST DD if you EVER want to trade in Pinkyland.
If you do DD at all before investing, this info must be sifted through and relevant red flags must be raised. Here at HAON, many of those flags raised but the underlying operations should trump throwing the company out of consideration completely.. The rest is pure speculation, guts and the acceptable risk level you have.
HAON is a 'holding company' not a shell. Unfortunately they also used a number of the paper's red flags to promote the CEO's and company's agenda rather than be forthright: HAON is a start-up company with MANY years ahead to prove their mustard.
Investors here have a LONG wait but I consider the 'fraud' to have little concern. Boasts and misleading statements are far less to fear than outright fraud. I believe HAON has merit and gain to achieve. I am remaining here for it (begrudgingly, I will be a lot longer than I initially thought to show gain through the long term holding I initially envisioned).
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