[PED * CASE NO. 99-2292. August 30, 1999.]
IN THE MATTER OF ISLAND ACCENTS, INC.
R E S O L U T I O N
Complainant in the present case, one Gloria C. Pascual, sought action of this Commission praying that ISLAND ACCENTS, INC., a duly registered corporation organized primarily to engage in export trading business, be investigated for alleged violation of laws enforced and administered by the Commission.
The COMPLAINT-AFFIDAVIT alleges among others that:
(1) Hagedorn invited her to be part of a corporation named ISLAND ACCENTS, INC. and agreed to give her 1% of the annual gross sales of the said company plus salaries and other incentives but refused to reduce the same in writing;
(2) Although Hagedorn had full control of the company being the sole owner thereof, he used dummies in the corporation and his name does not appear as incorporator of said corporation;
(3) When ISLAND ACCENTS, INC., was approved as a BOI registered export trader, Hagedorn came out in the open and appointed his wife as Chairman of the Board and his father as one...
