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Nice bid support - nothing on the ask!
My bid is higher than recent transactions - yet the MMs keep selling underneath me. Not sure the explanation.
That is what OTC shells do.
Yikes. HDIH down another (-62.69%) Happy New Year!
This one sounds nice ;) HDIH
Heavy Duty International Hitter!
HDIH is a glorious Mess that will have her day - $$$$HDIH
Put some more shares on the ask at $1.00 yum yum yum
BIG increase in my 5,000 share value with that trade on Friday - I'm holding until we get to $50/share
I’m not selling - waiting for the fireworks- KaBoom! $$$$HDIH
100 SHARES TRADED... LOL
Lol! We practically own the float! Anyone selling down here doesn't exist. HDIH
Should start seeing more tax loss selling soon.
https://www.investopedia.com/articles/personal-finance/100515/heres-how-deduct-your-stock-losses-your-tax-bill.asp
And a bit more with the volume please? HDIH
HDIH is clearly not trading any sort of substantial volume, only (222,900 shares traded since split 1/5/208) see link below
So we know that the company TRKG did a reverse split and a name change in ANTICIPATION of a reverse merger with HDIH. See post #7097
What seems to be happening here? We know that HDIH is trading thinner than Graphene due to the available registered (formerly named TRKG) shares but how does this explain the spread? I'm glad I asked...Read the entire article and see if there are any similarities here. You might just surprise yourself!
Understanding the Spread
HDIH Historical Trades
Did I fail to mention that if HDIH chooses not to become current with the SEC they can do nothing! This means that if HDIH wants to do anything at all with ANY new shares not already available in the market, they have to register them with the SEC and wait. Technically, they can still exchange shares with investors, set up employee preferred stock plans, etc. but these shares will be marked as unregistered and will not be available to be introduced into the open market until all requirements of the SEC have been met. TRKG was defined as a shell company and until registration, HDIH is TRKG.
These are not just guidelines, they are Federally mandated and regulated by the SEC and FINRA.
Just the facts as they are
This is also the reason why HDIH is listed the way it is on OTC Markets. The stop sign removal can only take place after all of the financials are current without any timeline gaps. I personally received an email from HDIH that stated that they were in the process of completing a "SERIES" of mergers and preparing Audited financials for Registration with the SEC. The email was 100% from the HDIH, per Google Security & Fraud Division, and it is posted in the iBox. (this is to say that the email address was verified by Google)
Let's kick the can a little and see what comes out, shall we? So if HDIH and TRKG are still legally separate entities, how can HDIH do anything with TRKG's financials? The answer is simple to state but much more difficult to understand. The company HDIH would have to enter into an agreement or "pre-purchase arrangement". This would lay out all of the details about both companies' structures, financials, etc. This would have to be submitted to, and approved, by FINRA before a ticker or "name" change can be effectuated. There are no ways around this, this is also why HDIH has contact information registered with FINRA. FINRA is no "punk", so to speak and they take these matters very seriously.
If the company wanted to be involved in so-called "shady" deals and dupe investors out of their hard earned money, this is NOT the way to go about it. Think about it... they have no access to shares, as a company, to dilute into the market to raise capital. There are also fees associated with anything FINRA or SEC related, especially when it comes to audited financials. So if the company can't dilute shares and they can't offer registered shares to investors to raise capital, where's the room for scamming or skimming funds from investors with NO SHARES to give out?
The only light at the end of the tunnel for HDIH is through Registration with the SEC, PERIOD! Shareholders have absorbed the VAST MAJORITY, if not all, of any available shares. Hell, even the MM's are having to resort to "bid scalping" to even attempt to get shares. There is a point of no return for shell companies where they have a choice to make. This choice is spelled out very clearly with SEC rule 144/144(i). This is also in the iBox.
Let's look at 2 key elements of HDIH
The 1st is very obvious to me but maybe my understanding could use some elaboration. The volume in HDIH is what it is now for several reasons. The biggest, and most important, is that the company can NOT sell any shares that they did NOT acquire from TRKG. This is very simple... HDIH, as a company, hasn't registered any shares with the SEC. And YES, ALL SHARES TRADED IN THE MARKET MUST BE REGISTERED! This is a Federal Regulation and there are NO EXCEPTIONS! Since the previously mentioned TRKG actually registered their company and shares with the SEC they are legally available for trading in the open market. This is why the float remains so small, because the numbers are still associated with the REGISTERED SHARES from TRKG. The only form of dilution by the company was in issuing the "round-lot" or free shares when they did the split.
The 2nd, and maybe less obvious element, is the fact that HDIH is STILL TRKG. No matter how you slice it, the company has NOT "inked" or signed a deal. This means that the company in control of HDIH at the moment are the shareholders! HDIH has to prepare all of the missing years of financials to become current on OTC. If they are going to be reporting to the SEC, those financials MUST be audited. We know that they have to register with the SEC in order to register shares in the name of HDIH. Remember, TRKG registered shares that only say HDIH because of the ticker change. NOTHING MORE OR LESS! HDIH exists as a company but their relationship to the current tradeable shares are through TRKG.
Guess it's not the company then ;) HDIH
Sure bud, look at the volume... Lmao ;) HDIH
Yep, OTC scams follow all the rules.
Lmao! It's retail bud, the company can't sell shares. You should know that...
Looks like a block sell order in for $2.78. No mystery. Probably the company.
And how many HDIH shares traded today?
A better question would be... So who really ended up with those shares?
I'd be willing to bet heavily that they didn't even make it to the individual sitting with the current bid. I've tried to pick up shares well above the listed bid, numerous times, for a while and they never even show up. I've even called E-Trade about it. Simply put, the MM has the option to buy shares and sell shares and it certainly appears that they have the ability to skip right over a bid (that's not showing up on Level 2) at $.35 and make it look like there's no interest above $.10!
That is still overpriced.
Selling at 10 cents is giving at least $250 bucks away per 100 shares LOL
I took out all the 1.00 and have a $3.00+ average share price - can't someone take out the 200 at 2.78 and next is 100 at 4.00 on L2...
Ye who laughs last truly wins! HDIH is a winner
Very possible. The ask is extremely thin here. We could literally see $10+ in a blink of an eye!
No shares available?
No fools to buy at this spread is more like it.
Bid Ask
0.29 2.78
Good morning gang,Hopefully news before end of year
HDIH +0.71 (249.65%)
So by now I'm sure we've all noticed how many, or should I say, few registered shares there are floating around here. Has anyone seen large numbers of shares sold under $1.00? Hell, has anyone seen any shares sold lately? Has anyone noticed that shares aren't showing up on the bid? Does anyone else have the idea that the MM has been scooping up shares?
Does anyone know what happens when there are no more shares available?
I just have to know what happens!!!
Don Thank you for all the information you supplied I have not been around for a while but everything looks to be very healthy and our investment year again thanks a lot
Very nice! Looking forward to the launch here! HDIH
You and me both. I have a bid in @ .40 with over a 1000 shares and it's not showing on L2... lol! HDIH
It feels like we are getting a whole lot closer with the updates. HDIH
Sleeping on my 5,000 shares or 6.25% of float...
$HDIH waking up from the slumber? Maybe I will add if some other tickers that I am in come through ;)
Noticed that last week. Merger done.
You bet! HDIH isn't dead yet...
I have been following some interesting leads on HDIH and I've got more to follow up on. I am looking into a few more sources to verify my findings before I post. As always, I'll provide links to all source material.
In my opinion... now's a good time to start digging!
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*These rules were meant to curb abuses by holders of companies colloquially known as “shells”
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