Helix Technologies Inc. (fka HLIX)

[GreenGenie]

Preferred Stock

It's so hard to understand this because it's in Legalese. They don't talk right.

Preferred Stock
On October 1, 2015 the Company issued a total of 1,000,000 shares of its Class A Preferred Stock as part of a reorganization in
which Helix Opportunities LLC contributed 100% of itself and its wholly-owned subsidiaries, Security Consultants Group, LLC
and Boss Security Solutions to the Company in exchange for 1,000,000 convertible preferred shares of the Company. The Class
A Preferred Stock includes super majority voting rights and are convertible into 60% of common stock.



Common Stock

On October 1, 2015 the Company issued a total of 20,000,000 shares of its restricted common stock as part of a reorganization in which Helix Opportunities LLC contributed 100% of Helix TCS, LLC, and its wholly-owned subsidiary, Security Consultants
Group, LLC, to the Company in exchange for 1,000,000 convertible preferred shares of the Company.

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So then to my understanding, Zac (the company) owns the preferred shares. Right? So if I follow this, I'm sitting in this empty shell in October of 2015, minding my own business. Zac comes along and buys me from Littman. Well, he doesn't buy me because I'm a stowaway. He doesn't know I'm hiding in the cargo. So, in part, to make this happen, they issue preferred shares to get convertible preferred shares. Which is what they issued.

But the convertible shares are used as payment to get 20 million shares from the company which is actually Helix itself because it's a reverse merger. Huh?? I can't even make this make sense in English.

This happens despite the fact that in Littman's letter below, he claims there are no preferred shares as of December 3, 2015, leading me to believe they were issued after December to an Angel investor. Yet no such transaction is recorded in Item 13:

http://www.otcmarkets.com/financialReportViewer?symbol=HLIX&id=148571


So that must be why they are listed as "anti-dilutive" in the latest filing because he can't lose control of the business. So fully diluted shares at this time would actually be in the neighborhood of 43 million shares. But Zac's interests would be aligned with ours as far as dilution goes. So that would give him even more wiggle room, which I love if I follow this correctly.

I need an interpreter. But I think I get the gist of it. I don't understand how I got here, I just know what I have. For the most part... This is harder than understanding calories on the micro level. I need 2,300 a day with exercise. That's all I need to know. I don't need to know why. No, it's easier to understand than the calorie. But both are incomprehensible.