MARS · Management Track Record

The record behind the board seat

A single director, Ned L. Siegel — former U.S. Ambassador and a serial public-company board member — traced through the MARS graph to every public company he has been tied to, and what became of it. The outcomes are drawn from the public record. No single filing shows this; the graph does.

11
public companies
linked to him
10
delisted or
bankrupt
2
SEC action or
suspension
1
still
trading

The companies, and their outcomes

Resolved from public board & officer filings · each outcome grounded to public sources

Medbox, Inc. → Notis Global SEC CHARGES
Delisted2016
Delisted after the SEC charged the company in an accounting-fraud matter; later renamed Notis Global.
Viscount Systems, Inc. SEC SUSPENDED
Delisted2012
Trading suspended by the SEC; ceased reporting.
La Rosa Holdings Corp. LRHC
Delisted2026
Delisted from Nasdaq for non-compliance; the company also carries an active litigation trail in the graph.
GBT Technologies, Inc. GTCH
Delisted2025
Delisted after failing to keep filings current.
Bannix Acquisition Corp. BNIX
Delisted2025
SPAC; securities suspended and removed from Nasdaq.
U.S. Medical Glove Company
Delisted2025
Delisted from its listing venue.
Vocodia Holdings Corp. VHAI
Delisted2024
Delisted from Cboe BZX; trading suspended.
PositiveID Corp. PSID
Delisted2020
Delisted after failing to file required reports.
VeriTeQ Corp.
Bankruptcy2014
Filed for Chapter 11 bankruptcy protection.
HealthWarehouse.com, Inc. HEWA
Bankruptcy2013
Filed for bankruptcy; later restructured.
Worksport Ltd. WKSP
Trading2025
Remains actively listed and trading on Nasdaq.

How to read this. These are outcomes of the companies, drawn from public records — Nasdaq/exchange delisting notices, bankruptcy filings, and SEC actions. Serving on a board does not, by itself, imply responsibility for a company's outcome.

It is a due-diligence starting point, not a conclusion — the value is that a pattern invisible in any one filing becomes legible in seconds: this director's companies have overwhelmingly ended in delisting or bankruptcy. That is precisely the question a serious investor, or a market operator, wants answered before the fact.