This while somewhat off topic is an interesting re
Post# of 72440
Posted On: 10/31/2016 9:05:17 AM
This while somewhat off topic is an interesting read. FWIW I own no shares of HHSE but do have it on my watch list. Go CTIX!!!
HHSE 2nd Quarter 10-Q: STOCK MANIPULATOR’S SUIT
PART II - OTHER INFORMATION
Item 1. Legal Proceedings. As of June 30, 2016, the Company was involved in the following legal matters for which ongoing court activities / filings or adjudicated status were still pending:
3). STOCK MANIPULATOR’S SUIT – The Company has engaged George B. Morton, Esq., to pursue an action against five known members of an organized stock “bashing” gang that have collectively damaged the Company’s share price by more than $10-million in market capitalization value over the past three years. Due to the size of the damages in this case, the jurisdiction will be the US Federal Court, western district of Arkansas. This civil action has still not been filed as of the date of this filing, due to a strategic determination regarding the ideal timing for the filing of this action, and the impact of this move and subsequent public announcement relative to other corporate governance achievements. A related action to pursue charges for the criminality of the actions taken by these manipulators is also being prepared for this same court venue.
Page 16
10-Q Publshed October 10, 2016:
https://www.otciq.com/otciq/ajax/showFinancia...?id=161112
HHSE 2nd Quarter 10-Q: STOCK MANIPULATOR’S SUIT
PART II - OTHER INFORMATION
Item 1. Legal Proceedings. As of June 30, 2016, the Company was involved in the following legal matters for which ongoing court activities / filings or adjudicated status were still pending:
3). STOCK MANIPULATOR’S SUIT – The Company has engaged George B. Morton, Esq., to pursue an action against five known members of an organized stock “bashing” gang that have collectively damaged the Company’s share price by more than $10-million in market capitalization value over the past three years. Due to the size of the damages in this case, the jurisdiction will be the US Federal Court, western district of Arkansas. This civil action has still not been filed as of the date of this filing, due to a strategic determination regarding the ideal timing for the filing of this action, and the impact of this move and subsequent public announcement relative to other corporate governance achievements. A related action to pursue charges for the criminality of the actions taken by these manipulators is also being prepared for this same court venue.
Page 16
10-Q Publshed October 10, 2016:
https://www.otciq.com/otciq/ajax/showFinancia...?id=161112
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