I'm working on trying to find a few answers about
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Posted On: 02/14/2020 8:46:28 PM
I'm working on trying to find a few answers about the recent 8-K.
No doubt in my mind the audit work must be in progress but our CEO should have taken advantage and announced who is doing our auditing work. Once that is completed you would think they would file the vast overdue 10-k's etc, at least by March 31, 2020.
I believe but not sure the company could NOT hold a shareholders meeting this June without producing the past filings. Why do I say this it is simply because I now believe our CEO is going to need to increase the share structure but who knows he could decease it. But since he mentioned a meeting possibly in June it must include an all shareholder vote to increase the "Authorized" shares beyond 450 million. If they hang in there and fight Quirk I believe they will increase the authorized shares to 750 Million...what other choice does he have. Remember, "George" saying that if "Marty Delmonte" wasn't going join HDC that he would have never taken on this challenge. My fear is that Quirk is weakening the links that hold the company together and how in the world can us typical investors help our company. What a strange position to feel. We got a CEO trying to salvage HDC and a past director trying to bury HDC, as it appears!
My vote is to do what is possible to restrain the past director.
No doubt in my mind the audit work must be in progress but our CEO should have taken advantage and announced who is doing our auditing work. Once that is completed you would think they would file the vast overdue 10-k's etc, at least by March 31, 2020.
I believe but not sure the company could NOT hold a shareholders meeting this June without producing the past filings. Why do I say this it is simply because I now believe our CEO is going to need to increase the share structure but who knows he could decease it. But since he mentioned a meeting possibly in June it must include an all shareholder vote to increase the "Authorized" shares beyond 450 million. If they hang in there and fight Quirk I believe they will increase the authorized shares to 750 Million...what other choice does he have. Remember, "George" saying that if "Marty Delmonte" wasn't going join HDC that he would have never taken on this challenge. My fear is that Quirk is weakening the links that hold the company together and how in the world can us typical investors help our company. What a strange position to feel. We got a CEO trying to salvage HDC and a past director trying to bury HDC, as it appears!
My vote is to do what is possible to restrain the past director.
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