Complaint Review: Michael Rudder - Newport Beach California
- Michael Rudder 9 Chatham Ct. Newport Beach, California USA
- Phone: 949-250-4477
- Web: http://www.hotchoicesystems.info/
- Category: Investment Brokers
Michael E, Rudder ~ Hot Choice Systems ~ KRh Thermal Systems, Inc. ~ Thermaltech Development, Inc. Lipstick on a pig; Michael ‘Mini-Madoff’ Rudder, of now defunct KRh Thermal Systems fame resurrects Hot Choice scam by forming Hot Choice Systems, Inc. Newport Beach California
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In case you were following aftermath of the Hot Choice Systems Class Action, victor’s certainly believed they had cut the head off medusa, but low and behold, Michael Rudder has rebranded the KRh debacle in a very familiar fashion. Less than five months of after settlement of the KRh Class Action on January 20th, 2011, where he was forced forfeit the company name and POA for Hot Choice trademarks to plaintiffs, Rudder formed Hot Choice Systems, Inc. (HSCI, also a Delaware Corporation).
In a letter to KRh shareholder’s on August 20th, 2011, now 'Consulting CEO' Rudder announced a plan to dissolve KRh and convert it’s near worthless stock into HCSI stock at 10:1 reverse rate. Shortly thereafter, new securities were issued in HCSI, and actively peddled to a new pool of unsuspecting Southern California investors throughout 2012. How can that happen?, you might ask. That’s what con artists do…
Other entanglements to be aware of (i love the internet): ZSlice Automated, Inc. formed in February 2012 with fellow KRh/HCSI director, and not-for-profit ‘Survivorship A to Z’ board member, David Landay.
This report was posted on Ripoff Report on 08/01/2013 07:53 AM and is a permanent record located here: https://www.ripoffreport.com/reports/michael-rudder/newport-beach-california-92660/michael-e-rudder-hot-choice-systems-krh-thermal-systems-inc-thermaltech-developm-1072018. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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