$100 Million New Jersey Deli Says in New SEC Filing There's 'No Basis to Support' That Stock Valuation – NBC Connecticut

"Management is aware of no basis to support the Company's stock price, based upon its revenue or assets," said that filing.
The document was signed by Hometown International Chairman Peter Coker Jr., who is based on Hong Kong.
Other recent SEC filings by Hometown International have been signed by its CEO and president, Paul Morina.
The 62-year-old Morina is the principal at Paulsboro, New Jersey, High School, where he also coaches that school's renowned wrestling team. Hometown's only other executive officer, Christine Lindenmuth, is an administrator at Paulsboro HS.
HWIN closed trading Friday on the Pink market at $12.55 per share, down 3.46%. Just 852 of its nearly 8 million common stock shares outstanding having changed hands.

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