Michael Mota’s public company is making all kinds of claims to investors and the OTC markets about what it’s doing with the former Memorial Hospital. But those claims aren’t true and that’s a problem under federal securities laws.
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“We welcome the Attorney General’s participation in this foreclosure procedure that we presented to the court,” said Michael Mota, the founder of Memorial Real Estate Group LLC. “We all have to be on the same team if this building is going to work for everyone in the state.”