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There is absolutely no news throughout the entire spectrum involving HDC, zero. I personally thought we would see some type of movement by Georgia court since the last document was submitted on 1/09/24 by Kevin Kowbel, document number 90.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173596790I, Kevin Kowbel, hereby state, under penalties of perjury, that the statements
contained herein are made of my personal knowledge and are true and correct to
the best of my knowledge:
1. My name is Kevin Kowbel. I am over the age of eighteen and
competent to provide this declaration. The matters stated below are based upon my
personal knowledge, and I have personal knowledge of the facts and documents
discussed herein.
2. I am a current shareholder of Health Discovery Corporation ("HDC").
3. I served on the Board of Directors ofHDC from July 25, 2013 to March
19, 2018. During that time, I served as Chairman of the Board and CEO from July
25, 2013, to February 24, 2017, at which point the other two Board members, Mr.
George McGovern, III, and Mr. William Quirk voted to install Mr. McGovern as
Chairman and CEO.
4. In my tenure as Chairman and CEO of HDC, I did not take a salary at
any point.
5. While Chairman and CEO ofHDC, HDC raised money through private
equity investment and commercializing HDC's intellectual property assets. In
particular, I worked with HDC's then-partner NeoGenomics Laboratories.
The First McGovern-Dengler Loan
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 2 of 5
6. The first loan by Mr. McGovern and Mr. Jim Dengler to HDC, for
$300,000.00, was voted on at the Board's October 23, 2017, meeting. (Minutes of
October 23, 2017 Meeting of Board of Directors, attached hereto as Exhibit 1, at 1.)
7. The October 23, 2017, meeting minutes state that "numerous" funding
options were explored by Mr. McGovern for HOC and the Neogenomics litigation.
However, neither during the Board meeting nor any time prior were the possibility
of bankruptcy or any funding options discussed by the Board collectively.
8. At the meeting, I learned that Mr. McGovern had privately discussed
his and Mr. Dengler's loan with every board member (Mr. James Murphy, Mr. Ed
Morrison, and Mr. Marty Delmonte) except me.
9. I demanded that the meeting minutes reflect that all other Board
members were previously informed of Mr. McGovern's loan plan except myself and
that no other options were ever explored or presented to the Board for
consideration-however, my concerns were not included in the minutes.
10. Because it became immediately apparent the Board meeting was a
formality to approve the first McGovern-Dengler loan, I abstained from voting
because I was not given any time to formally consider the terms or introduce
alternative options and wanted to make my stance in opposition to the loan formal.
11. During the meeting, Mr. McGovern also proposed and passed a motion
granting Mr. Murphy and Mr. Morrison stock option awards of 2,000,000 options
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 3 of 5
and Mr. Delmonte and Mr. McGovern 3,500,000 options each. I was not awarded
any options by the Board.
12. On March 19, 2018, I resigned from HDC's Board of Directors. (See
HDC Form 8-K dated March 23, 2018, attached hereto as Exhibit 2, at 1.) I believed
the decisions Mr. McGovern was making were not in the best interests of HDC or
its shareholders. I also feared that I could become personally liable for the decisions
the Board had and would continue to make and wanted to separate myself from the
clear self-dealing of the Board.
The Second McGovern-Dengler Loan
13. On April 26, 2019, HDC reported to the SEC, via a Form 8-K filing,
that Mr. McGovern and Mr. Dengler loaned HDC an additional $200,000.00. (HDC
Form 8-K dated April 26, 2019, attached hereto as Exhibit 3, at 1.) However, the
Board actually met and approved the loan on August 1, 2018. (Minutes of August 1,
2018 Meeting of Board of Directors, attached hereto as Exhibit 4, at 1.)
14. The Board of Directors did not inform shareholders that HDC needed
additional funding, nor did the Board solicit any source outside of the Board for
funding before approving the second McGovern-Dengler loan. Accordingly, neither
myself nor other shareholder had an opportunity to offer financial assistance for
consideration by the Board.
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 4 of 5
15. The April 26, 2019, Form 8-K states "[A]s previously disclosed, Health
Discovery Corporation (the "Company") issued a convertible promissory note to
George H.McGovern, III ... " Exhibit 3 at 2.However, the Board never informed
shareholders that it had approved the second McGovern-Dengler loan by internal
communication or by required SEC Form 8-K filing at the time the loan was made.
The Third McGovern-Dengler Loan
16. The Board met on April 22, 2019, at which time it discussed the need
for an additional $62,000.00 to fund arbitration costs needed to issue a final ruling.
(Minutes of April 22, 2019, Meeting of Board of Directors, attached hereto as
Exhibit 5, at 2).
17. While the minutes discuss the need for immediate funding, the Board
did not inform shareholders of this need or request funding from any shareholders.
18. Like the second loan, the shareholders and I learned of the third loan
after the fact as the Board did not file SEC updates until after the loans were made.
I declare under penalties of perjury that the foregoing is true and correct.
Executed on January 3, 2024.
Kevin Kowbel
I checked two hours ago and see no new court documents.
So, the Kowbel statement is from document # 90. Thanks for all your efforts LocWolf! You provide a unique and valuable service. Best wishes for a Happy New Year!
Actually no...what happens with these documents (as you know) is many repeated exhibits repeated over and over so instead of me pulling all that (same exhibits) over and over I post the main discussions for all of us. The document you were looking at was the last one #90. The priors were from 86 onward. I'm just not going to pull stuff that is not needed especially when it is easy to see and know what is transpiring however (not you) but possibly others might wonder or lose the trend as I post. As stated and you have seen the attorneys always recap the past and of course generally 2 pages of signatures I don't want to pay for plus all the duplicating exhibits. At any rate document # 91will be next and I would think HDC will have even more exhibits to counter Vennwest of which are basically the SOS especially sense not a soul seems to be left within HDC however last hope would possibly be James but I just doubt that, might help if Delmonte decides to jump into any response from HDC but I shake my head at just how long HDC has been doing the dog paddle without arms or legs and even if she is on her back you can only float so long before the sharks finally pull you under. .
Thanks LocWolf. Was this information contained in one of the court pdf documents from pacer?
Yes, I know of your kind....
Pagan's
Hells Angels
HDC'ers 😎
Outlaws
Bandidos
Obviously Chazzy the 1%, I’m with Chazzy. Lol
King...as you know the first chairman of the SEC was Joe Kennedy select by who was President at that time. Each President chooses who sits in that chair. Yes Sleepy Joe pick someone but that isn't why I posted to you my reasoning is because the super huge amount of public traded business that exist and that start up each year is gigantically enormous which makes house keeping and cleanup work almost impossible. By the time they would get to the problem the workers/attorneys and chairman would have moved on or retired.
Now when the time comes or nearing the next phase of HDC death (MY UNDERSTANDING IS) the SEC will notify HDC of a meeting but if there is no one to pickup the phone at the HDC offices or perhaps where ever and if ever that the SEC should send to HDC. I don't know how many more weeks before any actions happen by the SEC. I believe by now that 99.9 % of investors know that we are dead meat.
Anyone confirm if Jan 20ish Hdvy gets booted off this expert exchange.
It’s like they’re all competing to see who is the biggest thief. Meanwhile the sec does nothing. They’re too busy watching porn and harassing Martha Stewart.
It is called "P.S.S" for the Penny Stock Syndrome
Crap show that never ends rite Lockwolf.
Thanks as always Loc for keeping on top of this law suit and keeping us posted !
I see from his (Kevin) statement he's still holding HDVY shares. 😀
Sunspotter...hope you and family are enjoying the season and of course the New Year.
HDC was always a den of thieves, from Barnhill to the present day..
As to the Georgia Court referencing HDC/Vennwest we are up into the #90 documents. HDC wanted the court (prior) to make a summary judgement but now you can see that Kevin Kowbel is entering this case as follows.
I, Kevin Kowbel, hereby state, under penalties of perjury, that the statements
contained herein are made of my personal knowledge and are true and correct to
the best of my knowledge:
1. My name is Kevin Kowbel. I am over the age of eighteen and
competent to provide this declaration. The matters stated below are based upon my
personal knowledge, and I have personal knowledge of the facts and documents
discussed herein.
2. I am a current shareholder of Health Discovery Corporation ("HDC").
3. I served on the Board of Directors ofHDC from July 25, 2013 to March
19, 2018. During that time, I served as Chairman of the Board and CEO from July
25, 2013, to February 24, 2017, at which point the other two Board members, Mr.
George McGovern, III, and Mr. William Quirk voted to install Mr. McGovern as
Chairman and CEO.
4. In my tenure as Chairman and CEO of HDC, I did not take a salary at
any point.
5. While Chairman and CEO ofHDC, HDC raised money through private
equity investment and commercializing HDC's intellectual property assets. In
particular, I worked with HDC's then-partner NeoGenomics Laboratories.
The First McGovern-Dengler Loan
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 2 of 5
6. The first loan by Mr. McGovern and Mr. Jim Dengler to HDC, for
$300,000.00, was voted on at the Board's October 23, 2017, meeting. (Minutes of
October 23, 2017 Meeting of Board of Directors, attached hereto as Exhibit 1, at 1.)
7. The October 23, 2017, meeting minutes state that "numerous" funding
options were explored by Mr. McGovern for HOC and the Neogenomics litigation.
However, neither during the Board meeting nor any time prior were the possibility
of bankruptcy or any funding options discussed by the Board collectively.
8. At the meeting, I learned that Mr. McGovern had privately discussed
his and Mr. Dengler's loan with every board member (Mr. James Murphy, Mr. Ed
Morrison, and Mr. Marty Delmonte) except me.
9. I demanded that the meeting minutes reflect that all other Board
members were previously informed of Mr. McGovern's loan plan except myself and
that no other options were ever explored or presented to the Board for
consideration-however, my concerns were not included in the minutes.
10. Because it became immediately apparent the Board meeting was a
formality to approve the first McGovern-Dengler loan, I abstained from voting
because I was not given any time to formally consider the terms or introduce
alternative options and wanted to make my stance in opposition to the loan formal.
11. During the meeting, Mr. McGovern also proposed and passed a motion
granting Mr. Murphy and Mr. Morrison stock option awards of 2,000,000 options
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 3 of 5
and Mr. Delmonte and Mr. McGovern 3,500,000 options each. I was not awarded
any options by the Board.
12. On March 19, 2018, I resigned from HDC's Board of Directors. (See
HDC Form 8-K dated March 23, 2018, attached hereto as Exhibit 2, at 1.) I believed
the decisions Mr. McGovern was making were not in the best interests of HDC or
its shareholders. I also feared that I could become personally liable for the decisions
the Board had and would continue to make and wanted to separate myself from the
clear self-dealing of the Board.
The Second McGovern-Dengler Loan
13. On April 26, 2019, HDC reported to the SEC, via a Form 8-K filing,
that Mr. McGovern and Mr. Dengler loaned HDC an additional $200,000.00. (HDC
Form 8-K dated April 26, 2019, attached hereto as Exhibit 3, at 1.) However, the
Board actually met and approved the loan on August 1, 2018. (Minutes of August 1,
2018 Meeting of Board of Directors, attached hereto as Exhibit 4, at 1.)
14. The Board of Directors did not inform shareholders that HDC needed
additional funding, nor did the Board solicit any source outside of the Board for
funding before approving the second McGovern-Dengler loan. Accordingly, neither
myself nor other shareholder had an opportunity to offer financial assistance for
consideration by the Board.
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 4 of 5
15. The April 26, 2019, Form 8-K states "[A]s previously disclosed, Health
Discovery Corporation (the "Company") issued a convertible promissory note to
George H.McGovern, III ... " Exhibit 3 at 2.However, the Board never informed
shareholders that it had approved the second McGovern-Dengler loan by internal
communication or by required SEC Form 8-K filing at the time the loan was made.
The Third McGovern-Dengler Loan
16. The Board met on April 22, 2019, at which time it discussed the need
for an additional $62,000.00 to fund arbitration costs needed to issue a final ruling.
(Minutes of April 22, 2019, Meeting of Board of Directors, attached hereto as
Exhibit 5, at 2).
17. While the minutes discuss the need for immediate funding, the Board
did not inform shareholders of this need or request funding from any shareholders.
18. Like the second loan, the shareholders and I learned of the third loan
after the fact as the Board did not file SEC updates until after the loans were made.
I declare under penalties of perjury that the foregoing is true and correct.
Executed on January 3, 2024.
Kevin Kowbe
I feel the same way but understand it was no different with George McGovern and know since they approved this You Tube link the family must be well aware that this was recorded and sent into public domain. Remember, they chose to make this public and no I personally don't agree with posting as this.
If people wish to have that post removed just request "sunspotter" to remove it.
GoodSport let them know over on Yahoo.
Loc,
You are truly a one of a kind nut job. That's why we love you so much. You will be missed !
Lockwolf, geez already.
As far as I'm concern I understand how many celebrate death but believe it should be private for a period of time however just like George McGovern's Mass that was on You tube now comes his son which is Colleens brother. In this video at approximately 3.33 minutes I believe you will see Shelly and Colleen. George was first married to Shelly and had three children with her. They were divorced years ago, that is from my understanding.
Just know Colleen needs remaining family support.
Locwolf, what else is new.
Ou71764...so maybe there is a damn curse involving HDC, another very sad day.
Just so a few know earlier this morning there was no document #85 involving a time extension request by VennWest but of course just now seeing a post on Yahoo I checked and it is available but not worth pulling since we know it is only a extension request by Vennwest. The extension just involves time frame to move the deadline from today Jan 5th to the 9th of JAN.
Chazzy, maybe post this on Yahoo and explain things? This post is not to take away anything that Bill Q had said but to better understand what a few of us have been saying...as follows was Bill's post a year or so ago
I would like to share on this board the latest response from Bill Quirk to HDVY shareholders regarding the PTAB's latest IPR ruling, and how that ruling relates to Health Discovery Corporation going forward:
Dear HDC Shareholders,
Intel is now “mausetot”, which in German means “dead as a doornail”. The PTAB ruled today that the fourth and last HDC patent that Intel, for the second time, asked PTAB to declare “unpatentable” is in fact, patentable. A clean sweep for HDC. Intel immediately asked Judge Albright, the trial court judge, to ignore everything the Patent Office has decided for years, and unilaterally declare HDC's SVM-RFE technology unpatentable. Clearly they prepared this filing well in advance because they knew PTAB’s decision was inevitable.
Intel’s entire legal strategy for the past 10 years has been to drag things out interminably in the hope that HDC would either go bankrupt or settle for a pittance. It didn’t happen. While it’s impossible to say what Intel will do next, I’ll note this: 1) the vast majority of infringement suits that go at least this far are settled before trial, and 2) Intel has lost at every turn during this process. While, of course, anything can happen in our legal system, my firm conviction is that Judge Albright will reject Intel’s cynical but inevitable filing and proceed to jury trial
If Intel dares to go to trial – which I don’t think they will because it is so incredibly dangerous – I assert they will lose big time because the facts and the law are on HDC’s side. Why? A favorable decision for HDC would allow for “exemplary damages”, which means a monetary award up to three times the actual damages awarded by the jury. This, I believe, is up to the judge, who is a former patent trial attorney intimately knowledgeable about these matters.
Bottom line?: this is a fantastic victory for HDC. McGovern will now have few problems raising equity to get the SEC financials done and then restoring the stock to “tradeable" again. If he does, Venning won’t.
My prediction? Intel will offer to settle.
Bill Less
Maybe Colleen might let Mr. Fromholzer put out another 8-K about the latest business strategy. He has had plenty of time to think about what he might say so why not give him a shot at two out of three chance to get it right.
This is our year!?!
HDC might drive you to drink a bit too much tonight and know if you decide to get behind the wheel you can never reverse what may occur....as for our HDC investment we can simply move on.
The greatest AI Boom in history and HDVY a goose egg. Great job.
Fake patent scams are running wild.
"So is this thing done?"
Now if HDC files bankruptcy the OTC will DELETE the company and all stock will normal hit the bricks unless HDC has a bankruptcy plan that includes shareholders.
If the we don't file Bankruptcy when it comes time for the OTC to move us off of the Expert Market down deeper into the HDC curse we will be placed into the Grey Market. HDC could over come this market and trade on the pinks again but really, we have been beat up so badly we can't even moan anymore.
Look at all the tax losses
Time Price Volume Market
12/28 0.0001 5000 OTCBB
12/28 0.0001 100000 OTCBB
12/28 0.0001 1000 OTCBB
12/28 0.0001 2600 OTCBB
12/28 0.0001 3075 OTCBB
12/28 0.0001 7000 OTCBB
12/27 0.0001 30189 OTCBB
12/26 0.0001 350000 OTCBB
12/26 0.0001 25000 OTCBB
12/26 0.0001 20956 OTCBB
12/26 0.0001 19100 OTCBB
12/26 0.0001 19200 OTCBB
12/26 0.0001 10400 OTCBB
12/26 0.0001 90000 OTCBB
12/26 0.0001 3195 OTCBB
12/26 0.0001 10000 OTCBB
12/21 0.0001 30000 OTCBB
12/21 0.0001 4000 OTCBB
12/21 0.0002 10000 OTCBB
12/19 0.0001 105000 OTCBB
12/19 0.0001 100000 OTCBB
12/18 0.0001 100 OTCBB
12/18 0.0001 50000 OTCBB
12/18 0.0001 250 OTCBB
12/18 0.0001 90000 OTCBB
12/18 0.0001 500 OTCBB
12/18 0.0001 600 OTCBB
12/18 0.0001 25000 OTCBB
12/18 0.0001 68900 OTCBB
12/15 0.0001 30000 OTCBB
12/14 0.0002 1000 OTCBB
12/14 0.0001 5000 OTCBB
12/14 i 0.0002 1 OTCBB
12/14 0.0001 6000 OTCBB
12/13 0.0001 10000 OTCBB
12/13 0.0001 10000 OTCBB
12/13 0.0001 100 OTCBB
11/29 0.0001 100 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 40 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 10 OTCBB
11/29 0.0001 16500 OTCBB
11/29 0.00001 652000 OTCBB
11/28 0.0001 95000 OTCBB
11/16 0.0001 500 OTCBB
11/16 z 0.0001 15000 OTCBB
11/13 0.000001 556499 OTCBB
11/01 z 0.0001 100 OTCBB
Buylow..I'm sure Charles would/will answer you as soon as he can. Yahoo (which you probably already know) is his main message board to post on. We are not the same person I do not post on Yahoo.
Thx Chazzy, I needed that. Lol.
Lefty...of course we are done but it isn't official....also if you wish to remain positive do know that once we are thrown into the GREY bread basket it still doesn't mean a company such as ours or any other in the same Expert market that will soon kiss the Grey Market can't become public trading again however, we have been beaten so badly with no food..oops, money or powerful patents to even think of becoming tradable again. I do hope I am dead wrong (but doubt that) because 90 percent of my money here is in my ROTH account(s)...I retired in 2007 so my a$$ isn't going to even think of working again. Actually our chances of hitting the Lottery are better than HDC's chances of becoming tradable stock again.
At any rate we must wait for a speech from HDC to "officially" close this company....hey, what's a another 20 years matter?
So, Buylow2, now I am a cheerleader for HDC? And what, you need another "fix"? Or perhaps just a little cheering up? I will be the first to admit that we are now in a kind of dark period, and not because of any negative news, but because we are starved for any news whatsoever from the company. Perhaps this news blackout is tied to the VennWest matter, however, I do not know the exact reason for it. I merely speak the truth as I see it and do my best to connect the dots to see what sort of picture emerges. If that process leads to a conclusion that this is not over, that there is still reason to hope, does this somehow make me a cheerleader? Perhaps, but if I saw doom and gloom on the horizon for HDC, I would not hesitate to call it out. I am not paid by anyone to write what I write. I am a common shareholder. I sold everything in December, 2021, after Albright dismissed HDC's lawsuit without prejudice. I began buying back in in 2022 when HDC filed its revised lawsuit and after reading that Ken Griffen was still a beneficial owner with millions of newly purchased shares. Then, we won the IPRs, then Kathi Vidal rejected Intel's request for a Director Review, then the USPTO was planning to defend HDC's patents at the Federal Circuit when Intel suddenly dropped its appeal. Two days later a settlement agreement was announced between HDC and Intel. These are ALL POSITIVE developments! When you factor in Mr. Fromholzer's parting remarks as disclosed in an official document (8-K), I look for HDC to put that settlement money to good use by getting the SEC filings updated, getting the stock relisted on the OTC, and developing its potential in the field of AI and medical diagnostics. If anyone can offer irrefutable evidence that this is NOT the plan going forward, then I will amend my prognosis. But just nay saying, in the absence of any material facts, does NOT constitute hard evidence.
Chazzy, we are do for one of your rah rah messages. Tell us its going to be fine.
Charles...take your pick? ...Merry Christmas to everyone who may enjoy, bring a smile to someone that you don't know.
https://youtu.be/3rnPHlOHb7g?t=6
"Santa likes hot women"? Really now LocWolf? Are we talking about the same "Santa" that comes to my house?
You are correct about one thing though. Hate is not in my vocabulary. Whenever I am hopeful or optimistic about an issue, I do not hate anyone who may happen to hold a different opinion, even if I think that they are wrong.
This message board is fairly small in number, however, I would still like to wish everyone a Very Merry Christmas and a happy, healthy and prosperous new year!
2024 will be the make or break year for HDC. Good luck to all!
Not a chance, Charles wishes to remain positive which is great....now if HDC really wants to drop say $500k down my chimney Christmas eve I will not have the usual fire burning that evening...I know what you are thinking but know Santa uses our front door instead of the chimney, anyways he enjoys cookies, hot chocolate, and hot women.🙂
Lockwolf, Chazzy going to hate u.
OK.. everyone that thinks it is just a matter of HDC to "simply" file all their late Quarterly and 10-K filings to trade again raise your hand but keep the other behind your back with your fingers crossed as it can't happen as such...now now don't roll your eyes..
King oil. It’s the little things in life. Lol
Well Merry Christmas to you...I wonder??? try closing 1 eye when you hit the send button on your computer, that is if you are using a computer. That way maybe that will help the double posting however, maybe if I close one eye I will only see one of those double posts? Hey, if we can't have some humor all this HDC stress won't be worth none of this mess especially over waiting 20 years. I don't know what it will be like on the outside sitting in this prison for the past 20 plus years?
I'll probably find myself right back here
Up 100%. They can afford anything now.
Lockwolf, they prob can’t even afford filings fees for bk.
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