Hipcricket Inc.(fka HIPPQ)

[boomklimmer]

70.000
Hipcricket Inc -OTC US- Delisted-
$ 0,00045
$ 0,00045 0,00%
$ 31,50
€ 26,44
$ 0,00045
€ 25,67
€ 0,77 3,01%
---
19-05-2015

Same as last years

[Jeff u Up]

Mine has been listed with that number in my etrade since it stopped trading (years). Still have the same share quantity and still says Hipcricket Inc when I hover over it or click its info tab. Who knows

[excelsiorvision]

Welp, looks like we might be done here. HIPPQ ticker symbol is now not showing in my TD Am account but replaced with 433507100 as the symbol.

Assuming this is being phased out now, but maybe something else here?

Unsure. Any ideas here people?

[excelsiorvision]

Same here. At this point, I thought we'd get some news on the situation. Either cash payout for share buyback or converted into $UPLD stock.

Not one reply from their IR or CFO at UPLD about this. Think we're over 5 years now here since BK.

All of my HIPPQ shares are still in my TD ameritrade account. So, TBD, I guess...

[shedhnt]

Sure would be nice to get something out of this after all these years. I put a lot in there!

[excelsiorvision]

$UPLD at $46/share now and looks like it's headed back to $50.

$HIPPQ is now: https://uplandsoftware.com/mobile-messaging/

> https://uplandsoftware.com/mobile-messaging/hipcricket/

Still never get word from IR about the acquisition and old HIPP shareholders stock conversion.

Any word here?

[excelsiorvision]

UPLD on a rip lately. $34 to $41 in a week. Still never get any word from the UPLD team but hope to get some closer on HIPPQ shares someday sooner than later. Thoughts many months ago is that we'd see something finalize around the $42 per share level. Need to revisit notes on the reasoning though.

Anyone else ever hearing anything/get anywhere here?

[Jeff u Up]

Oh boy, bureaucratic red tape.... Brexit right? There is a UK phone number on epm's website, and from what I've pulled up there's a transition period for the UK leaving the EU to allow for preparation of the post Brexit rules. So epm is crossing t's and dotting i's by following GDPR compliance (EU regulation) prior to transition? https://www.bbc.com/news/uk-politics-32810887

What is the 'transition' period?
It refers to a period of time after 29 March, 2019, to 31 December, 2020, to get everything in place and allow businesses and others to prepare for the moment when the new post-Brexit rules between the UK and the EU begin. It also allows more time for the details of the new relationship to be fully hammered out. Free movement will continue during the transition period, as the EU wanted. The UK will be able to strike its own trade deals - although they won't be able to come into force until 1 January 2021. This transition period is currently only due to happen if the UK and the EU agree a Brexit deal.

[Bp12]

Does this have to do with the EU? What do you make of this Jeff

[Jeff u Up]

epmlive.com is getting maintenance in order to comply with GDPR regs.

[Acme Investments]

It's not. The question is do our shares have value?

[Bp12]

And speaking of the waiting period being up, all those shares of hip Cricket invested in Upland which sold for 36 million. I don't think that's a coincidence

[Bp12]

It's funny you should mention 3 years Anthony. I was told the same thing by someone who seems to know a lot about these kinds of things. Let's hope for a relaunch, a second IPO and get this ball rolling again

[Acme Investments]

I was told that it takes 3 years before anything can be done regarding a shell company with NOL's. The waiting period is probably up. Soon we should see if our shares have any value.

[Bp12]

Emp has now sold over a million shares of Upld in the last 3 weeks... That's about 36 million...

[Jeff u Up]

An earlier post of yours mentioned they could relaunch with 31 million. I estimate they sold their 1 million shares for a total of 36.5 million, just sayin'.

[Bp12]

Hey Jeff, nice find. My question is, how did esw convert those million shares of h i p p q Into Cash?? What was the value of the conversion and how did they do it to actually invest in Upland? However they did it it looks like esw and hip cricket are going to make a lot of money from their investment in Upland which could Bode very well for a relaunch of hip satisfy any debts and maybe even get esw out of the picture after big profit so none of the new shares go their way. We'll see what happens

[Jeff u Up]

Some of the postings read like EPM still had another 1.8 million shares (out of nowhere), but the filings read those are not. They're ESW and maybe even Acorn under them.

[Jeff u Up]

Was looking at the stocktwits.com/UPLD and there's numerous postings that indicate a bunch more shares sold and 1.8 million shares still owned. I've had a late night, but that was interesting to see.

[Bp12]

Don't know if anyone has been watching but Upland software is a $37.30 right now and things look like they'll be pretty bullish for a while. Somebody estimated $40 a share just recently. Hipcricket pulled out about 185000 shares at about 6 million or so and they probably almost made it back up in a couple of days. LOL

[Bp12]

Let's hope so. Good to hear from you Excelsior. What do you think it means? What are the possibilities?

[excelsiorvision]

Hey BP. Saw that too and only got a little research into it. Agree. Hopefully this means there'll be some movement for all the HIPP shareholders. ESW has a big position in that and owns most of HIPP. Ideally we'll get some closer to this someday soon.

[Bp12]

Not for nothing but that is a lot of Insider shares sold without affecting the stock price

[Bp12]

Hey guys, EPM live, formerly known as hipcricket, sold 185000 shares within the last week at about 35. 50 per share. Roughly about six and a half million dollars and almost 20% of their position. What you think is going on? I'm thinking they are getting set to relaunch and go out on their own again but who knows. It was pretty big news since we haven't heard anything in awhile

[Acme Investments]

In every bankruptcy the shareholders are represented by a committee. Your broker has the information on who represented you. That is the only way to get an answer regarding your shares. Anyone else will not comment because of the legal ramifications.

[Acme Investments]

In every bankruptcy the shareholders are represented by a committee. Your broker has the information on who represented you. That is the only way to get an answer regarding your shares. Anyone else will not comment because of the legal ramifications.

[excelsiorvision]

totally agree here. absolutely ridiculous that there has been no updates on this and their stock is moving to new all time highs weekly.

the guy that has the answers is Mike Hill - CFO at UPLD

https://www.linkedin.com/in/mike-hill-5101a4/

Mike Hill
Chief Financial Officer
Upland Software, Inc.
512-960-1031
[e-mail]

Start bombarding him with calls and emails. time to force something here.

[Jeff u Up]

I met somebody a few months back that still speaks to folks in the legal realm. Wouldn't bother me to ask if they could look into this scenario. Not counting on hearing much back but what the hell. It's just surreal that UPLD has been over 3/4s of a billion recently. Everything is just layered in shit anymore.

[excelsiorvision]

Possible, but unlikely.

[Bp12]

So if hipp has 1 million shares of Upland, they could sell that for 31 million dollars and relaunch with the new IPO with new shares given to all shareholders in their proper ratio after the debts are paid off with said 31 million.

[excelsiorvision]

HIPP has 1M shares under ESW in UPLD. Seems HIPPQ is 1M of 150M that HIPP used to be in OS after bankruptcy.

UPLD up based on success of acquisitions...

https://www.investors.com/news/technology/upland-software-earnings-acquisitions-tech/

[Bp12]

the lack of conversion of shares into Upland makes me feel like hipcricket will be on its own again with a relaunch and issuance of new shares.. I'm hoping the old shareholders get a nice chunk of the new issuance.. if it goes that route

[excelsiorvision]

You would think so, but not totally sure here. I would think it's on UPLD now who acquired them. At this point, I thought the shares of HIPP would be converted into UPLD.

Hopefully, we old HIPP shareholders will see something come out of this. It's been years!

[Bp12]

Excelsior, does hipcricket have any fiduciary responsibility to shareholders by re-launching once their reorganization is complete? This shouldn't be a permanent situation by hipcricket. Like being on welfare Forever at some point they need to get back on their own

[excelsiorvision]

UPLD beats on earnings expectations by 37%.

HIPPQ acquisition was solid and a revenue driver. Now, call and email Mike Hill (CFO) and let's get some answers here!!

[Bp12]

Old shareholders would definitely get a percentage of the new issuance as well as the debtors. Companies relaunch all the time out of bankruptcy I just wanted to know what the formula or ratio could be. Old shareholders get 10% or 70%?. Who actually gets to determine that?

[nsomniyak]

There is no formula. I would not expect former HIPPQ holders to get much if anything at all.

[Bp12]

if Hip Cricket were to relaunch as a public company on its own, and there was issuance of new stock, what percentage of that new issuance would the shareholders get and the other debt holders. Anybody have any idea of how that works? There has to be some sort of debt ratio Formula or something

[Bp12]

if Hip Cricket were to relaunch as a public company on its own, and there was issuance of new stock, what percentage of that new issuance would the shareholders get and the other debt holders. Anybody have any idea of how that works? There has to be some sort of debt ratio Formula or something

[chartsmatter]

Sorry folks, there was no activity in HIPPQ it seems. I was fooled by the bug.

[chartsmatter]

Nevermind about the L2 showing bid and ask prices. My system has a bug that displays other ticker's L2 info in HIPPQ.

[chartsmatter]

HIPPQ seems active now . L2 shows bid and ask prices. I don't know if the ticker is tradeable. very strange. what is going on?

[excelsiorvision]

Found this from an old post last summer.

I'm pretty sure HIPP has 1 million shares in UPLD, which is about 9%+ of the current OS of 20.24M. ESW has over 2.875M I believe. HIPPQ/ESW are the largest insiders.

Based on UPLDs behavior, it continually looks like their play is to build and buy (vs build) other assets and roll up into one mother asset. This looks like a bigger fish for acquisition down the road by a much bigger fish. Where a buyout could be that $40+ / share per our initial ideas. Yet, thanks to Jeff with the news of the new credit to add to their war chest, we might be looking at $60-$80+ / share buyout pending the value of their acquisitions.

TBD on all of this, but this is what it's looking like. Hope it all unfolds soon enough and us patient old shareholders get paid out better than anticipated.

[Bp12]

I was looking through Uplands mobile messaging website and went to the case studies and saw all of the mobile campaigns they did. Very very impressive. All the way from MillerCoors and geofencing to the rally with Parkland just recently.. all the companies are so happy and so impressed in the conversion rate is around 50%. Every sector in America. Noticed a lot of the campaigns are nonprofit and sort of left wing which could bode well for buyers from Silicon Valley

[Bp12]

All this stuff going on with Facebook has to do with real precise targeted marketing. Obviously they took it to the nth degree. It is very possible that someone can find a lot of value in that company still..

[excelsiorvision]

$40 / share. I have to look back through older posts, but think there was some math behind UPLD reaching the $40s where HIPP should have some value or something to sell and recoup revs for shareholders.

Not sure if they'll go public again, but the unit and patents sold off to someone big and/or UPLD being acquired by someone big. TBD.

[Bp12]

Hey Excelsior, hope all is well. Are you talkin 40 million dollars for the sale of hipcricket? I believe they are going to relaunch as a public company. That being said how would that actually happen? What would have to transpire for them to relaunch as a public company? If Upland does sell them they really need to get a lot of money for them because that patent portfolio, as you will alluded to earlier, is golden

[excelsiorvision]

UPLD has had some positive news. Hoping to see them sell off $HIPPQ assets around $40. Based on analysts recommendations. They can start running past $38+ soon.

Anyone ever get any word on their end?

Still hitting up the UPLD CFO but no responses about HIPP assets.

[Bp12]

I also believe with this new friendly corporate environment, with tax rates at 21%, this is going to be the year that hipcricket re launches or is sold and old shareholders will get much of their value back if not more

[Jeff u Up]

Thanks for the reply. I figured there may be some set of implications and the knowledgeable folks on this board are more fundamentally experienced as to have an idea of what those implications may actually be. What you're saying makes sense to me.