Replies to post #61056 on Hong Yuan Holding Group (HGYN)

[Renee]

Shareholders are not privy to the whole picture regarding the Magna / Hanover and Ironridge lawsuits by Cereplast.

Non filing OTC's with mega billions of shares and no evident business operations have no problems whatsoever with Magna / Hanover, Ironridge, or any other toxic lender.

So, why would Cereplast, a fully compliant SEC Filer with SEC approved S-1 Filings that Cereplast could increase their Authorized Shares and reverse split at will have problems with Magna, et al?
There would be an unlimited supply of CERP shares for the toxic lenders to sell, so CERP stock should have been a dream come true for Magna et al.

There is more to this saga with Magna / Hanover and Ironridge than meets the eye, and although it is just a conspiratorial skepticism on my part that any proceeds that MAY be obtained in Court against the toxic lenders would benefit the ONLY surviving principal and shareholder of CERP stock.....Scheer, predicated on CERP equity being cancelled IF a Chapter 7 occurs.

As Hamlet once said, 'something is rotten in Denmark', or in this case, Indiana.