Looks like Harley Franco’s troubles are yet to be over. A reliable source I have at OTB sent me these documents (though these docs are public record), showing that a date has been set during Summer 2019.
I’ve also heard pretty reliable rumblings that Harley Franco is likely to call it quits as early as January and as late as the court date in July 2019 to save face.
To quote one of these documents in part:
This action is an attempt by Franco, the current President, CEO and Chairman of the
Board of Harley Marine Services, Inc. (“HMS Inc.” or the “Company”), to forestall his
removal from HMS Inc. for theft of Company assets and rampant self-dealing. That conduct led Godden and Bachteler—then the two other members of the Company’s board of
directors and those of its parent companies—to terminate Franco for cause by board vote
and later remove him from the board by written consent pursuant to the terms of the
Delaware limited liability agreements (the “LLC Agreements”) that governed those