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LocWolf, I sure hope that you have a complete and speedy recovery. Even though you and I often have divergent viewpoints as regards HDC, which is to say that I do not always concur with your messages, I still appreciate your contributions to this board. A lot of what you post is invaluable to us. Get well soon!
Lockwolf, good luck with that.
Buylow...I personally don't even think of Vennwest getting money from HDC plus of course I see Vennwest losing the case.
As to Colleen saying anything further referencing (anything) about the Intel lawsuit/settlement she isn't obligated as the past 8-K made the direct legal settlement.
The only way that anything else will be reported (in my thoughts) is if HDC decides to file past SEC filings but I just don't see that as being smart why area more grief or potential liabilities.
I will be watching messages here but won't be able to post for weeks. I have a surgery in two areas referencing my arm and wrist today at 1pm.
Should Vennwest win, my understanding is that they would be paid by HDC's insurance company, and not by HDC management or the shareholders.
Hey Lockwolf/Chaz yea need some clarity for sure hopefully Colleen will throw the dagger in the heart or not once this venwest case is resolved, make it official press release and say it’s over or it’s not. As u can tell not giving up til it’s officially over . Do u guys know if venwest will get all proceeds from lawsuit if they win?
Buylow...just now seen both message boards...since the 8K was submitted by HDC referencing the 2.5 million settlement Colleen can say her father was OK with that or not. Regardless of what he may have thought she has to deal with this mess and I'm sure all this is a headache. Personally I think George would not be happy with a two million dollar settlement but like I said it doesn't matter but I have a few thoughts about attorney fees. The company is dead meat and as soon as Colleen gets clear of Vennwest HDC I then believe you will see the final nail get driven into our coffin.
Yes I did see that, buylow2. I also wrote a response on the yahoo board, which I invite you to read. Actually, my response was to Joe, but I did opine on this ostensible "quote" from Colleen.
Hey Chaz/ Lockwolf, did u guys happen to see the yahoo message board, someone said they talked to Colleen and she said the crap 2 million settlement was good enough. Gosh help us if true.
LocWolf, of course I have read your many posts and know that you do not hesitate to admit error when you are wrong. I wrote my post mainly to emphasize the contrast between our divergent outlooks. Of course, I hope that I am right but admit that I could have misread the tealeaves. I guess that we shall both learn our fates with regard to HDVY in the not too distant future. Good luck!
Charles...I don't believe you have read the many times I have said that I was wrong but furthermore I general also couple an apology when I say that I was wrong.
You must also realize with the many years that I have invested here that I pray that I am wrong. This was not some quick money to buy/sell it was a deep investment in Dr. Barnhill. He was not known as a scammer way back in the early years 2002/beginning of 2003. I have no clue what happen or what changed within him but he did change.
Fair enough, LocWolf. We have both laid our cards on the table. Soon we shall see who holds the winning hand. If my predictions are wrong, I will publicly admit my error in judgement. But if I am proven to be right, will you publicly admit your error?
Charles, 8 or 9 months ago recall this by Mr. William Fromholzer? "The Board of Directors expects to make an announcement regarding an interim successor for Mr. McGovern in the near future"
As I said back then the word "expects" has nothing to do with the SEC approving jack $hit within his statement. William was just repressing his hope and wishing the best and nothing more or less.
Self corporate circumstances pretty much speaks clearly or should we say the lack of.
And upon what evidence do you base this opinion, LocWolf?
Hey Lockwolf, sure your rite, obviously nothing to split with a ratty 2 million settlement if that’s the final offer. Hoping that resolution of venwest case gives Hdvy shareholders clarity not sure why it would though. It’s very confusing for all, shareholders obviously don’t deserve this, time will tell, what else is new, 10 years later here we are.
Buylow...now know, I'm not sure.... but just take this for consideration and put it in memory for later.
Is it possible if HDC has any money left after everything is all said and done, the stock will get "deleted" from the market, then any monies left over would be divided among shareholders? I'm not sure if it takes # 1 a company just closing it's doors or #2 a company filing bankruptcy and then closing it's doors. At any rate if this should happen I believe it would be around a year before we get any result from when this starts if it does. I have no real clue about this but perhaps someone else might.
Would be nice to stay positive like Charles but after all these years no can do and yes HDC should cut the damn rope.
Thx Wolf, once this Venwest disaster is resolved HDVY better say they are done or not. Shareholders want to put this this rest good or bad they suffered enough.
When you read all this BS and you look back at everything you would think this was a case for Perry Mason and that $billions of dollars are at stake, unreal, just unreal!!!!
Yes....since I posted about document #91 there has been a few since and today another which is document # 94 Involving HDC which is titled STATEMENT OF DISPUTED FACTS IN REPLY TO PLAINTIFF'S RESPONSE IN OPPOSITION TO DEFENDANTS' MOTION FOR SUMMARY JUDGMENT
In short both parties are still slinging mud at each other...29 pages of the typical BS
Hey Boys, anything happened with Venwest case?
Agreed Chaz, no one would be that stupid to take 2 million. There has to be more to the story, that’s why there’s crickets everywhere
The level of censorship on yahoo is insane. For instance, I submitted the following post in response to another post, and my post was "rejected" by the censors. For the life of me, I cannot discern why it was censored because they never tell you. Here is that post:
I have not issued any new statements in the recent past, because there has been no new information on which to comment. I am still hopeful that the remaining company Directors are taking the necessary steps to replace outgoing Board members with a new Director/CEO who will actively pursue revenue from new licensing deals, and I would also expect to see the stock trading again as a result. HDC received enough money from Intel to make this happen. Besides, the greatest boon to share value would be through the stock market as opposed to merely dividing the Intel settlement money (after expenses, there wouldn't be any money left to divide). With a Waco court victory in sight, I can't imagine why HDC and its legal team would let Intel off the hook in exchange for a mere $2.25 million, and with no licensing agreement in place? Not credible. Details are scarce and I believe that lips will remain sealed until the Vennwest case has been resolved. JMHO.
Thanks LocWolf. Best wishes to you as well my friend.
Buylow... management will do what it can to survive as much money as it can and disappear. Will anything ever go right for HDC? Yes they might make a few cent once they rip the time clock off the wall but as for us shareholders not now not ever. HDC has absolutely nothing to offer anyone future period. If HDC wants the company for a new entity they will file bankruptcy to extinguish all shareholders then reopen up for business. Perhaps Colleen MAY want a public company for her media business but most of us just want to be free from this mess.
Maybe Mr. Fromholzer would like to step up to the microphone again.... it was easy to catch his BS and throw it in the trash.
Without money, with real management and without real products what do you have? After 20 years you have NOTHING.
Charles, you are my friend...my writings/messages will never be as clear, in short management sucks the big one!
Omg Chaz, can anything ever go rite for HDVY.
Omg Chaz, can anything ever go rite for HDVY.
I don't know exactly, because Mr. Wedekind (HDC's lead attorney) asked for a delay in proceedings after coming down with Covid-19.
Hey Chazz, when is the next Venwest hearing. Anyone?
Yes, LocWolf, but you are confusing me. Who are you saying is moving the goal post?
Except for management to man up - woman up we are done... stop moving the goal post that doesn't exist!
These are all very good questions, Digdeeper17, and they are the same questions that I have been asking myself. My assertion, since the settlement was first announced, has consistently been that if $2.25 million represents the entire agreement, then no, I do not see how HDC could continue as a going concern. So, the answer to all of your questions would be "no", there would not be sufficient funds to keep the doors open if $2.25 million represents the whole ball of wax. My contention, however, has been that there must be more to the agreement than was previously disclosed. It makes no sense that our lawyers would concede a strong, winnable case in exchange for pocket change. In such a one-sided deal, HDC would also be letting Intel off the hook for all future infringement with no recourse to recoup anything. In consideration of the huge concessions being made by HDC in settling out of court, $2.25 million would be a woefully inadequate sum. IMHO.
This is not to dispute the validity of your claims, Digdeeper17, but to merely offer an alternative viewpoint.
Good luck to you.
I think a big wildcard in this whole thing is how much are the patents worth? Maybe not much given the expiration dates but at least they’ve been validated given Intel’s settlement. Are there any companies that would prefer to buy the patents rather than litigate? I doubt current management could manage the installation of a light bulb.
How much of the 2.25 Mill is owed to ..
A: Lawyers
B: Marty and other debtors he claimed were not getting paid ..
C. Former CEO's Estate and possibly other insiders who have not been paid ..
D: Filing costs to begin attempting to get to a higher exchange ..
What is left to Resurrect this Company and make it viable if it returned to trading ... ?
My guess is its enough for the broom to sweep the cubicle of The "office" out ..
Less than 3 higher ups 2 of which have family ties and no real employees ....
Where does this new Mgt team come from and how are they paid ?
What is the company selling and to who once resurrected and who's $$$ to get it started. ?
I may not get your point ..
But i get THE point ...
There is no rosy future here for current investors ..
There just isnt any semblance of a viable company ...
Which is going to make any attempt to regain trading a very uphill climb ...
Good luck..
Digdeeper 17, it seems that you totally missed my point. I guess I was not clear enough. In fact, I wanted to edit that post for the sake of greater clarity, however I was "timed out" and thus not allowed. The point is, regardless of what the outstanding share count ends up being, the best way to maximize share value for all shareholders is to have the stock trading again in a retail market. I used a figure between 400 and 500 million shares purely as a hypothetical number. If you prefer, let's say its 1 billion. My point remains the same. If you divide the known settlement figure of $2.25 million by whatever the outstanding share count is, you get a pps of no more than a penny per share. But if the stock is trading again with a new management team, who knows how high the pps may go? That is all I am saying. The actual outstanding share total is irrelevant to my point.
Speculation with totally incorrect numbers is a fools game ....
There are well over 600 mill shares out after warrants and yes options are converted ..
This is the information available 2 years ago in the last filing ...
See my previous posts on the matter ...
How close is the company to the 900 mill authorized ?
My thoughts are now that that last Deposition is public in a court filing ...
Things got even more Squirrely for insiders as that could be used in future litigation against them were they to continue with the obvious end run around shareholders ...
Good luck ..
100% Chaz. This venwest case taking way to long as usual.
No worries, LocWolf. Besides, your eyes need a rest. Take care!
Chazzy, 2 out of 3 days with T Robbins so I missed your PM earlier and couldn't reply since today's session started at 2 pm and went almost 4 1/2 hours. My eyes are burning big time.
Thanks buylow2. My speculation at this point is that all lips are sealed among HDC Board members, until the Vennwest matter has been concluded. After that, if we still do not hear anything from HDC management I will re-evaluate my position. But for now, I think that the pending Vennwest court case may have everything to do with why we are not hearing anything. Recapping what has transpired, HDC brought the behemoth to the settlement table. The deal included an NDA, so what information can and cannot be disclosed to the public is controlled by lawyers, not by HDC management. With company insiders, family and friends holding millions upon millions of HDVY shares, the only strategy that would maximize value for all shareholders is to have the stock trade again. For instance, dividing $2.25 million by between 400 and 500 million shares would average out to around a penny per share, whereas if the stock were trading, who knows how high the pps may go under a new management team? Remember, the settlement proves that Intel formally and officially concedes that HDC owns all rights to the SVM-RFE technology. I would surmise that someone at the top has already figured this out, and my assumption is that they are working in that direction. I note that the stock is still listed, yet we are past the 18 month delisting date for being on the Expert market. Is this just an oversight at the SEC, or is there some valid reason for this? Has there perhaps been some private communication between HDC and the SEC? Time will tell. All we can do now is wait and see what the hand of fate has in store for us. Good luck to all!
Well Lockwolf in respect to Chazzy let’s give him the benefit of doubt before giving up.
There isn't any reason for BQ to post anymore as he has basically stated we are toast. Even if HDC had the largest fleet of Army Tanks in the world they don't have any fuel nor any ammo plus our commander has no clue on how to win any war or save her army but does know how to save herself.
Thx Lockwolf, all this law bs is tough for the avg Joe six pack to understand, gosh for bid George’s daughter keeps us posted and explains things. Time for the dagger in the heart up date by BQ. Painful for all of us to watch.
Just constant excuses from both sides delay after delay and nothing more. HDC knows full well the dagger is sticking all the way through our hearts yet at every corner if it ain't one thing or another we have to feel VennWest or HDC twist the damn dagger. They should be a real company and not hide and at least let us fall the the floor in peace but nope, they are keeping this personal game going between the two corporations.
HDC will allow us to delist then burn the rest of the HDC house down as I predict.
So what does it mean Lockwolf. ?
So with that it is possible a typical response by a clerk will extend as both parties are OK with this.
All this crap is the typical HDC self greed as far as I'm concern.
1/23/24 doc #91 Georgia Court
Defendants Consent motion for extension of time to reply to plaintiff's opposition to defendant's motion for summary judgement
Defendants ................, with consent of Plaintiff VennWest request 7 day extension of time to file reply in support of defendants Motion for summary judgement (doc.86). Plaintiff's response was originally served of Jan 9, 2024 so reply is currently due on Jan 23, 2024.
Defendants request extension as counsel Lee D. Wedekind who is primary responsibility for preparing the reply has COVID 19. Mr Wedekind anticipates being able to finalize defendants Opposition to Defendants Motion for Summary Judgement and extend the deadline for its reply up to and including Jan 30, 2024.
Looks like no delisting yet, some genius sold 18k shares at zero. Lol, it’s alive, Chazzy where are u?
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