Compliance Red Flags: Maryland branch forfeited (2007)
Financial Integrity Issues: Statements prepared by Richard H. Blickstein (CPA license revoked 1988); attorney opinion letters relying on him are invalid.
Material Omission: $169,203 bank debt missing from prior filings.
Licensing Gap: No state permits/licenses for claimed healthcare products/services — operations are inaccurately represented.
OTC Status: Already marked “Shell Risk”; downgrade to Pink Limited, Caveat Emptor, or Grey Market highly likely (~80–85%).
Warning: Disclosures are unreliable. Operations are unlicensed. Financial verification is invalid. High trading risk.
Footnote: David is likely already contesting these findings.
PL