Bottom line is Hanover is looking to get paid. They don't have this holier than thou reputation as the most honorable, and charitable PR firm out there. They simply want to get piad-whether they're representing an alleged flame retardant "company" or any other company, they're in business for one simple thing-to get paid.
To date, we know what? That FLRE "presented" last week in Florida? Based on that, the selling of FLRE shares has been prominent down in the 1/3 of a penny area, with apparently zero interest in buying open market stock from attendees of said presentation. Not good. But then again, dopey Glover standing up there, orating akin to the way he did on the idiotic BibBiz.com interview would be enough to chase any intelligent investor away-after, of course, they had a good laugh.
IF Hanover has a database of investors, how in good conscience could they possibly ask them to buy stock based on "management's" track record? I know, I know, "we're not looking back, we don't care what previously happened-theft and fraud-we're looking forward". While that all sounds great, it is highly unlikely new investors would be so quick to overlook the prior misdeeds of "management". There are no contracts, revenues, or dare I say, income for prospective investors to consider. There is no office and infrastructure for prospective investors to evaluate. No, there are only the FACTS that have been established through public filings and public press releases. Phony contracts, inane revenue forecasts, and 1/2 of a BILLION shares blown out into the market by "management", with less than $200 in the bank. Those are the FACTS that anyone new to FLRE woud consider prior to plunking down $1.
The DD file on FLRE must be quite fascinating; or, perhaps Glover/Larson had someone pony up Hanover's fee just like they did with JD Venture. The latter scenario seems a little more plausible here.
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