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$HDUP - The Spinola Loan in the amount of US$720,000 is effective May 5, 2021, that was 2021, right?
"total amount due from Spinola was $2,086,722 (January 31, 2023 – $2,086,722)" that was from Page 21 of the latest filing.
From the same page: "At October 31, 2023, the acquisition of Spinola has not been completed. All parties continue to move toward the disclosed corporate finance structure of the reverse triangle merger."
So your theory is that HDUP keeps lending money, specifically $1,366,722 more than they had in 2021. (2,086,722 minus the original 720,000 = $1,366,722) and your conclusion is they are doing that because it's a fraud? Brilliant! Just curious, do you think the earth is flat?
Spinola uplist scheme is NEVER going to complete- it was always a fraud.
I warned you!
Buy in trips and wait for the next swarm of scam press releases to jam it back into the pennies.
It will take a few years, HDUP hibernates for years at a time before blighting the landscape like a brood of cicadas.
.004 this week or next lol this a big scam. maybe ill buy it in trips?
"when" not "if"
Hello Peasants bow down to me if this goes to 004
moon market is a nasty scammer
this is a scam you dorks .004 soon hopefully
No Christmas gifts today!???? Stingy buttheads!
LOL
HeadsUp Entertainment's website is inaccessible because of an expired security certificate.
So much for "Hutch's great reputation" solving all of HDUP's problems!
All of the social media & websites for HDUP's various "partners" and "acquisitions" went dead Feb 2023 or earlier.... right after the last pump gave insiders a lovely 0.10 exit ramp.
HDUP investors got Kellner'd... again.
See you in 5 years for the next scheme.
Everyone got bagged on this Moon Market Pump
The merger failure must be starting to leak in the underbelly of the financial industry
It's not a "leak" when internet posters to scream for years straight "NASDAQ UPLIST ANY DAY NOW"
Yes, that is the same Fanlogic operating the same business as it did previously.
My assumption is that the Fanlogic owners realized that HDUP shares are trash, and they'd rip a lot more money off by listing themselves directly than being acquired by HDUP.
I don't know if "Health Logic" still quietly owns "Fanlogic", but I assume they promptly disgorged the Fanlogic business into private ownership during the CTO, and then restarted their Health Logic pump & dump scheme with a completely clean shell.
The nasdaq merger must be starting to leak in the underbelly of the financial industry
There's a Fanlogic website, which seems to offer the things HDUP aspires to offer.
There was also a Fanlogic Interactive, which had a CTO and became Health Logic, presumably removing the CTO.
I wonder if the Fanlogic website is affiliated with the former Fanlogic Interactive which morphed into Health Logic.
If such large willing investors could even be found, there is no incentive to give existing HDUP shareholders any meaningful equity in the newly reverse-triangle-merged corporation.
If this merger isn't totally bogus, we can expect it to fizzle out before completion exactly like the Fanlogic acquisition did. And it will fizzle for the same reasons: Even with a scam like Fanlogic, HDUP brings nothing but liability to a partnership.
(interestingly: Fanlogic went public, got CTO, and got CTO lifted in 5 years... HDUP execs still making excuses after a decade for its CTO)
It's amazing that some existing shareholders expect HDUP executives to have a sudden attack of loyalty after 10+ years of bilking shareholders.
I agree. To meet even the lowest tier of Nasdaq, which I believe is the Capital Tier, they either need a minimum revenue amount OR a minimum amount of capital (if I correctly recall what I’ve read). With this “lotto” holding, really I have sh_t in one hand and hope in the other. My hope is for 1) potential revenue streams to be firmly in place 2) an infusion of capital (the minimum needed for Nasdaq entry).
I can't see how it would work if all three companies to the reverse triangle merger are shell and/or money-losing companies. How would such a combination meet the NASDAQ listing requirements? And who would sink money into this combination given that HeadsUp's ventures up to now have not been successful? It seems to me that the gaming/poker/sport betting/charity fundraising/gaming software fields seem to be pretty full of competition. Which begs another question. Just what is the focus of this new company? Up to now, it seems HeadsUp is sticking its fingers into a lot of pies, but without any focus or success.
That’s a good question - damn good question.
How will they complete this "huge triangle merger" unless they find significant investors? And who will invest given the company has not had success in its ongoing ventures - i.e., $421 in quarterly revenues?
IF Management doesn’t hurry up and complete this huge triangle merger, I’ll
“just wait longer.” And IF December tax selling happens prior, we shall feast!!
Quarterly revenue of $421, according to new filings. A strong foundation for further acquisitions LOL.
HDUP management keeps repeating failed promises "like a bird" and I don't see you complaining about that.
“So what?” So why do you continue to repeat like a bird?
So what? Doesn't change the fact that HDUP is a business failure.
It's a great ticker for people who are smart enough to sell at the peaks.
Those people need suckers who are willing to buy at high prices and hold all the way back to sub-pennies.
Countless times you’ve spouted these same allegations. You’ve dissuaded nobody.
If someone is determined to believe the lies of HDUP executives who enriching themselves with investor money, making only empty promises, and refusing to disclose verified financials.... who am I to dissuade them?
People can choose to read or ignore the filings & press releases. This public information continues to exists regardless of investors ignoring it.
HDUP could prove me wrong by publishing audited financials. But they've refused to get audited for a decade, and it won't happen any time soon.
HDUP *MIGHT* get audited once the shady transactions have aged out & no longer would be part of an audit. Of course, the only reason for HDUP to issue press releases is to encourage fools to lend HDUP money, so an audit won't happen until the ticker's been dormant for a few years.
Yes, you most certainly do care. Otherwise you wouldn’t be posting these allegations over and over again.
Oh and I do not believe you.
No, it's not wrong or misleading.
Believe me or not, I don't care, it's your money to gamble with.
You pointed out standard practices of many penny stock companies, but isn’t it wrong or misleading to apply these to HDUP just because many others have these circumstances? Can you provide any proof here?
SEC filings won't tell you much. The books are cooked.
There's a reason HDUP would rather stay suspended in Canada for a decade: they know they can't pass audit, so they don't even try.
The money comes as loans from naive lenders
That loan money is spent on insiders: salaries, fees, buying Hutchinson's worthless shell corps, "lending" funds to offshore companies, etc.
"why" did they pay to get current? Because token corporate activities are a cheap way to trick people into believing "HDUP is totally a legitimate business, you're totally certain to get repaid with 50% interest once these dozens of absolutely non-bogus business deals finish!"
Of course the deals never complete, the loans are never repaid, and the money all trickled into personal bank accounts of insiders.
Does it really matter whether anyone answers the phone ? I get it and it would be great if they did but let’s say they did…..more BS
SEC filings will tell it all imo
I think you are right: a big sign will be whether the September filings for OTC are made. The company is not making money and does not seem to have any active business being pursued, so who is financing the filings and why? In any event, I have taken seriously the fact that no one is answering the phone. They had somebody doing IR, and now that has stopped. It's not just a question of IR. No one answering the phone means they're not even trying to engage in business.
I’m not optimistic at all. No delivery or minimal follow through. That said, I think the best indicator of their demise would be when SEC filings stop. Those cost money and the company was way behind yet someone came up with the cash to get the filings current with the question being, why did they pay for that ? How do they get that money back ? It always about the money
This one may be done. There is no one answering the phone at the company phone number. No longer even an answering machine or voice message.
Has anyone been in contact with the company lately?
Hope you dont get the opportunity but we shall see
IF we fall into upper .00s (double zeros), I will double my shares.
Sending a million bucks to some sketchy offshore corporation for a "loan" that will never be repaid sure ain't free either.
Paying your executives 5-figures a quarter to ... do nothing... sure ain't free either.
Using shareholder funds to acquire stagnant shell corporations from insiders also ain't free.
Yet of all 4 of these activities.... only this "triangle reverse merger" never seems to happen. Go figure!
Looks like HDUP issued/sold those shares for funding needs. A reverse triangular merger sure as hell ain't free.
Yep that's right. I expected some dilution, as I believe I recall reading whereby they stated something to the effect that this process would proceed with "minimal" dilution. I believe they've been slowly diluting for the last several months, and surely they've done so this week. I've had bids set in the low .02s for months, and of course they've now filled. It'll be interesting to see the next filing and PRs/updates.
Someone dropped 400K+ shares, now down to 0.0211. We could use some news or an update.
Aside from the 5,500,000 shares HDUP diluted in the first Q....
Outstanding Shares
The number of shares outstanding of our Common Stock was:
234,739,368 as of April 30, 2023
229,239,368 as of January 31, 2023
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