If he read this thread and the companies press releases,
and SEC filings, he could piece together the trail of fraud.
Basically, Holly(HOPR) pumped up the casino project, sold lots
of extra shares, took the procedes, bailed out the casino CO.
Then they claimed Holly owed more than it was worth and walked
away, and now they all work for the casino Co (CWRC).
They all now deny any responsibility for Holly, but claim that
Holly still owns 8.2 million shares of CWRC. CWRC's office is
the same office HOPR used. HOPR's lawyers that they had me
call with questions said HOPR is out of business. When this
started HOPR owned 66% of CWRC (majority share holder). The ex-HOPR
managers have since sold another ~40 million shares of CWRC on
the open market, reducing HOPR's holdings to 15% of CWRC.
The big questions are.
1. who votes the shares of CWRC now?
2. Who does HOPR owe money to?
3. Why didn't HOPR go chapter 11? ( I think it let them run CWRC)
4. Why does the SEC let this stock trade, when there is no
Corporation? ( No offices, No Corporate officers, Just an
oversubscribed asset)
5. Why has the SEC let this persist.
6. Can the creditors grab it all, if there ever is enough value to
Cover their debt?
7. Why wasn't the HOPR stock converted to CWRC stock? |
