To: Joseph Ziebarth who wrote (1843 ) 4/20/1999 5:42:00 PM From: BobInBush Read Replies (1) | Respond to of 2099
I am with you Joe, Just for giggles I am reposting the last SEC filing from HOPR. Read it and decide for yourselves. This public information, you can look it up. If someone still wants to invest in this deal, buying CWRC, is a whole lot safer. It has been overlooked by the day traders and is overdue for some news. ============================================================== SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report:March 5, 1998 (Date of earliest event reported) HOLLY HOLDINGS, INC. Exact name of registrant as specified in its charter New Jersey 1-12668 22-3172149 State of other jurisdiction of Commission File No. I.R.S. Employer incorporation or organization ID No. 200 Monument Road, Suite 10, Bala Cynwyd, Pennsylvania 19004 (Address of principal executive offices) Registrant's telephone number, including area code:(610) 617-0400 N/A (Former name or former address if changed since last report) Item 5. OTHER INFORMATION The Company has not been successful in raising necessary financing or selling sufficient assets to finance ongoing operations. At the present time, the Company and its wholly-owned subsidiary have effectively discontinued operations and is attempting to sell assets to pay outstanding aggregate indebtedness of approximately $2,000,000. The Company currently has no liquid assets and is unable to determine whether the sale of any of its investments will yield any proceeds to satisfy the Company's indebtedness. Item 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS William Patrowicz resigned his positions as an officer and director of the Company. Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HOLLY HOLDINGS, INC. By: /s/ William Patrowicz William Patrowicz, President and Director Date: March 12, 1998