The more I dig into the circumstances around the c
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Posted On: 02/28/2020 7:53:01 AM
The more I dig into the circumstances around the complaint against HDC, the more I'm realizing that this scheme is much worse than even I thought.
Last night, I went back onto the site that James posted on Yahoo and IHUB, and reviewed it much more thoroughly. I went across the headings at the top, and after clicking on them, downloaded each document. Then the light bulb went off for me. This site wasn't set up merely to allow one of the plaintiffs to provide shareholders with her letter of concern and to provide us with copies of the complaint documents. The site also includes information pertaining to phone calls with directors and even attorney to attorney correspondence, and the posting of this information is clearly for the purpose of attempting to shame not only the current directors, but also counsel representing HDC. I would assume, therefore, that any future correspondence between attorneys might start to feel a little awkward. Further, it leads to the question as to whether or not the calls with the directors were taped without their knowledge and consent. Thus, I finally realized why Quirk didn't attach his name in any way to the site, didn't sign the letter, nor did he at all mention anyone who is obviously helping to fund this process. In other words, to the extent this gets ugly, Quirk will simply point to Bear and just blame her for supposedly publishing all this information. Isn't he shrewd.
Another sad part about this entire scenario is the strong possibility that Bear, who gives the appearance of taking the lead on this process, likely doesn't have any idea about some of the information actually in the complaint. For example, the complaint references Wennvest Global Technology Ltd, based in Canada, which presumably offered a valid financing proposal for the company. I can't wait to see if those details are made public but, in any event, I wouldn't be surprised if she actually knows nothing about it. After all, all circumstances around this entire complaint process are pointing the realization that she is a pawn for the mastermind ex-director and his compadres up north, and doesn't even know it.
Last night, I went back onto the site that James posted on Yahoo and IHUB, and reviewed it much more thoroughly. I went across the headings at the top, and after clicking on them, downloaded each document. Then the light bulb went off for me. This site wasn't set up merely to allow one of the plaintiffs to provide shareholders with her letter of concern and to provide us with copies of the complaint documents. The site also includes information pertaining to phone calls with directors and even attorney to attorney correspondence, and the posting of this information is clearly for the purpose of attempting to shame not only the current directors, but also counsel representing HDC. I would assume, therefore, that any future correspondence between attorneys might start to feel a little awkward. Further, it leads to the question as to whether or not the calls with the directors were taped without their knowledge and consent. Thus, I finally realized why Quirk didn't attach his name in any way to the site, didn't sign the letter, nor did he at all mention anyone who is obviously helping to fund this process. In other words, to the extent this gets ugly, Quirk will simply point to Bear and just blame her for supposedly publishing all this information. Isn't he shrewd.
Another sad part about this entire scenario is the strong possibility that Bear, who gives the appearance of taking the lead on this process, likely doesn't have any idea about some of the information actually in the complaint. For example, the complaint references Wennvest Global Technology Ltd, based in Canada, which presumably offered a valid financing proposal for the company. I can't wait to see if those details are made public but, in any event, I wouldn't be surprised if she actually knows nothing about it. After all, all circumstances around this entire complaint process are pointing the realization that she is a pawn for the mastermind ex-director and his compadres up north, and doesn't even know it.
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