The old news is revenue. When was the last time he had revenue? OLD NEWS!
The CEO has a pattern of questionable behavior over the last twenty years. The following is from his Circle Group Holdings, Inc. case.
"Halpern, through a series of misrepresentations, induced Akhamzadeh to purchase Circle Group stock.(Countercl. ¶ 22). The other directors and officers of the company knew or had reason to know that Halpern misrepresented the status of the business in order to induce investors such as Akhamzadeh to purchase Circle Group stock. (Countercl. ¶ 24)."
" Also, before March 16, 2004, Halpern told Zaghi (who again shared the information with Akhamzadeh) that “the price of the Circle Group stock would soon reach $10.00 per share and would be trading at $20.00 per share at the end of 2004 . .
. .” (Countercl. ¶ 36). Halpern knew his statements and his analysis of the market were false, as did the other Circle Group officers and directors."
Twenty years of Halpern making false claims!
News 
Market Data 
Discover 
