| | 2007 » Sequence Inc. Fraud Files by Tracy Coenen |
 | | Case in point with the OTC problem is Heavy Metal Inc. Mannin Elliot audited it and gave the company permission to use the audit report when registering to become an OTC issuer. |
 | | Heavy Metal is supposedly in the “exploration” business, but it is run out of the home of one David Harapiak, who has no experience in exploring and is the company’s only officer or director. |
 | | The company acquired on property in July, but hasn’t done any work on it and hasn’t even had a geologist give it the thumbs-up, so it has zero value on the balance sheet. |
| www.sequence-inc.com /fraudfiles/2007/page/5 (2506 words) |