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3M only deals with large lot allocation holders
who deal in hundreds of millions to billions of units.
Thanks for pointing that out.
Yes it will
D_DOG
Our banking institutions these days track every transaction over $600, so I think
following the money trail of N95's $600,000,000.00 should be an easy task for
Redhawk's lawyers.
D_DOG
Will be interesting to see how quickly things move forward and what happens next!
With that I see Redhawk has given the Judge every bit of information pertaining to
the transaction so he can move forward to confirm the Arbitration Award.
Also I'd say that confirmation should take place before the middle of next month
if not sooner. What happens at that point depends on if N95 choses to appeal and put
up a sizable bond that includes 25% on top of the total of the award.
The funny part is that N95 had $600,000,000.00 in their bank account during the
transaction, that amount of money isn't hard to track these days.
I wonder where that money ended up?
I'd be willing to bet that during the discovery process going forward that will become
apparent.
TIC TOK
D_DOG
From reading through the filing again I see more the second and third time.
N95 was set to make a nice $90,000,000.00 on the mask transaction that they
claimed that they already had buyers lined up.
"In March of 2021, N-95 Shield and Advanced Energy Group (“AEG”) executed a
memorandum of understanding (“MOU”) stating that N-95 Shield would bring the
financing and AEG would bring the buyers, Hospitals.7 Indeed, AEG and N-95
Shield had buyers lined up for the 3M Masks, who sell to the Government, FEMA,
Federal, State & Private Healthcare, 1st Responders, Medical Workers, Federal
Employees, and/ or other Non-Retail users.8
6) In May of 2021, N-95 Shield’s attorney, Jennifer Asare, sent a letter of attestation (“LOA”)
to Redhawk affirming that N-95 Shield is “ready, willing, and able, and N-95 Shield’s bank
account has been have independently verified in the amount of $600,000,000.00.9
7) The reason N-95 Shield needed Redhawk is because the manufacturer, 3M, does not sell
its masks to individual companies. Instead, 3M only deals with large lot allocation holders
who deal in hundreds of millions to billions of units. Redhawk had contacts with a 3M
Mask allocation holder and had previously negotiated for the purchase of 1 billion 3M
masks.10 Prior to negotiations with Redhawk, N-95 Shield did not have a connection with
any of the 3M allocation holders, like the Mahler Law Group, LLC, to be able to purchase
3M masks in this quantity and at the advantageous price point per unit.
8) On May 16, 2021, Redhawk introduced N-95 Shield and Matt Miller to the allocation
holder, Melissa Mahler at the Mahler Law Group, LLC.11 In that email, Matt Miller stated
“[M]y Hospitals have been aggressively searching for a real supplier and proper channel.”
Id.
9) On June 2, 2021, N-95 Shield executed a Purchase Order for the purchase of 300 million
boxes of 3M Mask.12 The next day, June 3, 2021, N-95 Shield executed an Irrevocable
Corporate Purchase Order (“ICPO”) for the purchase of an additional 200 million boxes of
3M Masks at a total purchase price of $398,000,000.00.13
10) On June 3, 2021, N-95 Shield’s attorney, Jennifer Asare, sent another LOA to Redhawk
affirming that N-95 Shield is “ready, willing, and able to proceed to closing on the purchase
of five hundred Million (500,000,000) Authentic 1860 respirator masks.”14 That LOA
confirmed that N-95 Shield had available funds in excess of TWENTY-FOUR BILLION
FOUR HUNDRED MILLION UNITED STATES DOLLARS ($24,400,000,000.00) for
the purchase of authentic PPE products for the sale, supply & distribution to the
Government, FEMA, Federal, State & Private Healthcare, 1st Responders, Medical
Workers, Federal Employees, and or other Non-Retail users and its affiliates. Id.
11) On June 3, 2021, Matt Miller sent a WhatsApp message to Darcy Klug stating that N-95
Shield had the full 500 Million Masks presold.15
12) On June 4, 2021, Redhawk provides an Invoice to N95 for 500m masks and Redhawk’s
ICPO to Mahler Group’s Allocation Holder client.
13) On June 5, 2021, Matt Miller again confirms that all 500m masks are sold and the parties
agree to proceed forward.
14) In June of 2021, Per N95 Shield’s request, Redhawk negotiates with the 3M Allocation
Holders, as to the Standard Operating Procedures. The parties agreed that the Standard
Operating Procedures will call for: (1) a “buy-side” sales price of $1.81 per mask with a
“sell-side” sales price of $1.99 per mask; (2) the transaction to be funded by a deposit of
1% of the purchase price into escrow ($9,500,000); and (3) Proof of Life documentation,
including SGS reports and inspection, will occur after deposit is received into escrow. The
parties continue exchanging preliminary documentation in preparation for the closing of
this transaction.16
15) The Sales & Purchase Agreement was executed on June 22, 2021.17
16) Under the terms of the Sales & Purchase Agreement, within one (1) business day following
the execution and exchange of the Agreement, or June 23, 2021, N95 Shield, LLC, was
required to deposit $9.5 million into the designated escrow account.
17) The contract was breached on the end of the day June 23, 2021, when N95 Shield, LLC,
failed to transfer $9.5 million into an escrow account, as required by the agreement.
18) After N-95 Shield breached the SPA, Redhawk attempted to work with N-95 Shield, LLC,
for months to complete the 500 million 3M Mask deal.
That $90,000,000 was a lot of money that N95 walked away from, especially since they had the
sales set and the cash to go forward with the deal. Everything in that contract sure seems like
there was a lot of verification every step of the way.
D_DOG
ALL I KNOW THE JUDGE SAID GUILTY AS CHARGED IN THE CASE!!
Nobody has "standing". Redhawk's private. Kludge-the-Stooge can do anything he wants with the company without notifying anyone. It's his private thing now.
I'm amazed that so many posters don't understand the difference between private and public companies.
Redhawk WAS a public company with reporting responsibilities, which it ignored.
It's now a PRIVATE company after giving a big "Fuck You" to shareholders and wiping them out 100%.
He has no standing— remember he has 0 shares of SNDD.
THE JUDGE SAID GUILTY AS CHARGED!! CANT WAIT TO HEAR THE $$$ AMOUNT IMO
Have you filed that complaint yet?
All the "voices" you are "hearing." are NOT real, and they are preventing you from seeing the real truth, a truth that is quite obvious. The truth is you got lied to and scammed by an idiot name Darcy Klug.
Get Help....
..
.
All I hear is you don't want to answer real questions.
What you "hear" is in your head. It's not real. I have nothing to do with shorts or N95 or whatever... See a doctor.
..
.
All I hear is you don't want to pay or you can't. I am not not sure, what your saying. Can you clarify.
Here's another, and it's a doozy...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173997777
..
.
I'll be here... SNDD will still be revoked with you holding worthless, untradable stock. Redhawk will still be a dead company. The only thing different will be the year.
April 19th 2025...
Got it.
Lets not forget about this!!
Another breach of contract lawsuit. Klug/RedHawk the defendant. Klug failed to notify investors of this lawsuit as well. Its was a purchase and sale of future receivables agreement. I also don't recall seeing that deal in any filings as well. Pretty good deal for the financier... and really bad for SNDD investors.
I WILL
Write on!
Right on!!
RedHawk!!!
$$$$$$$trong!!!!
$5 per post, probably not
Those will all turn out to meaningless and victories in the long run.
Will you be here in a year to see how all of your predictions unfold?
Three off the top are Dr.Drew, D & V Medical and Crown Bridge Partners. There more and some of not Klug didn't disclose. Idiot Klug doesn't like to talk about to his failures.
..
.
Yep-just a bit more than $50M in bond. Once the judge rules on our motion, n95 has 30 days to make some serious decision…
appeal— put up a huge bond
Not appeal—start the collection process
Fun fact: Redhawk will continue to accrue $10k+ interest until n95 posts a bond
Plus 25% added to the total for the normal bond rate.
D_DOG
If the do they will probably have to post bond for amount owed.
Do you have a list of these deals that went south, that you can share with us?
Are you saying you guys can't or won't pay your bills?
Is n-95 going to appeal the final judgement?
N95 doesn't have two nickels to rub together...
..
.
There are many other "deals" that went south. And went south very badly. Klugs an idiot.
Lol...
..
.
All we ever heard about was the the one deal that went south. It will be nice to hear about the rest that went smoothly. I am looking forward to the fi nancials. I want to read the whole book. I hear the publishers are working on it.
That sounds like a nice chunk of change..
D_DOG
$6.6M+ in just judicial interest???!?!?! wow. Time to get paid.
Google “Louisiana Judicial Interest Calculator”
"Motions Transferred regarding45 MOTION MOTION TO CONFIRM ARBITRATION AWARD . Motions referred to Judge David C Joseph."
Now, get it done, Judge!
Exactly what he told me on the phone last week.
Write on!
Right on!!
RedHawk!!!
$$$$$$$trong!!!!
Love the movement!!!!!
Thats right on !!!
Mr. Klug is not wasting any time---Motion to confirm arbitration award has been filed! This shouldn't take Judge Joseph too long to rule on. Redhawk entitled to $50M+ tic toc
It won't trade again. Kludge-the-Stooge doesn't WANT it to trade again. He took it private on purpose.
Yes. Put that cash in the treasury. You have to buy back shares use the other half for marketing and product development. Sounds like a solid plan. All just my opinion.
I have read your posts, you are clueless.
You should call Mr. KLUG. He can explain a few things to you. He can help with your confusion.
I learned the difference between public & pivate companies Loooooooong ago. When will you learn?
Just keep watching , you and butter knife might learn something before all of this is over.
LOLOL....Good luck with that. 😂🤣
Allow me to make some corrections:
IHub SNDD poster w/ shares.........$50 million
IHub SNDD posters w/o share........$0
JUDGE PLEASE JUST SAY THE $$$$ AMOUNT! CARE LESS ABOUT A CHECK
The word "they" or "he" is more appropriate after going private.
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Moderators Diamond_Dog sony12 tdbowieknife Homebrew MNKD_RISE |
About RedHawk Holdings Corp.
RedHawk Holdings Corp., formerly Independence Energy Corp., is a diversified holding company which, through its subsidiaries, is engaged in the sales and distribution of medical devices, sales of branded generic pharmaceutical drugs, commercial real estate investment and leasing, sales of point of entry full-body security systems, and specialized financial services. Through its medical products business unit, the Company sells the Sharps and Needle Destruction Device (SANDD™), WoundClot Surgical - Advanced Bleeding Control, and the Carotid Artery Digital Non-Contact Thermometer. Through our United Kingdom based subsidiary, we manufacture and market branded generic pharmaceuticals. RedHawk Energy holds the exclusive U.S. manufacturing and distribution rights for the Centri Controlled Entry System, a unique, closed cabinet, nominal dose transmission full-body x-ray scanner. For more information, please visit: http://www.redhawkholdingscorp.com
May 11, 2022
Redhawks Year to Year Growth, 2020 to 2022
For the fiscal year ending June 30, 2022 and the fiscal years ended June 30, 2021 and 2020, a summary of our net revenues under contract on a disaggregated basis:
2020 = $1,134,192 2021 = $1,992,952 2022 = $951,519,231
https://www.sec.gov/Archives/edgar/data/1353406/000175392622000688/g083009_ex99-1.htm
May 16, 2022
Redhawk is working with a leading US healthcare provider/pharmacy to have our SANND Pro Needle Destruction Devices in all of their locations nationwide.
They are also working on an agreement to sell our SANDD mini units as well.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1353406/000175392622000715/g083015_8k.htm
Redhawk Medical is a branch of Redhawk Holdings:
ABOUT REDHAWK MEDICAL
https://redhawkmedicalproducts.com/pages/about-redhawk-medical
Who We Are
Redhawk Medical Products and Services is a wholly owned subsidiary of RedHawk Holdings Corp. a diversified company which, through its partially and wholly owned subsidiaries, is engaged in medical device sales, pharmaceuticals, and medical equipment lease & sales.
Capabilities
In addition to the distribution of an industry changing line of medical devices, RedHawk Medical Products and Services is capable of distributing products to aid in a return to work and safe reopening of our nation’s schools, restaurants, hospitality brands, law enforcement and first responder agencies and healthcare providers.
We’re committed to manufacturing and distributing quality products that will make a positive contribution in our communities.
Sharps and Needle Destruction Device SANDD, FDA approved, proprietary line of devices that provide a safer, more economical and environmentally friendly method of disposing of used needles.
UV C light sanitization products developed to maintain safe and clean environments, air space and surfaces.
High quality Personal Protective Equipment sourced from reputable manufacturing partners
Personal Protective masks, gloves and face shields that meet NIOSH specifications and/or FDA guidelines.
Customized PPE packages for Law Enforcement and First Responders
Safe Sanitized Classroom bundles for School Systems
Safe Sanitized Patron packages and Guest Room packages for Restaurants and Hospitality applications
Safe Resident package for Assisted Living and Nursing Home residents
Our Core Principles: RedHawk Medical Products and Services develops, introduces and distributes equipment that serves a greater purpose by offering safe, more economical and environmentally friendly products to our customer base. RHMP&S unconditionally guarantees its products.
Owners: RedHawk Medical Products and Services is a wholly owned subsidiary of RedHawk Holdings Corp. (OTC: SNDD)
National Spokesperson: Dr. Drew Pinsky
Redhawk Medical carries Numerous medical products which are wholesaled and retailed:
https://redhawkmedicalproducts.com/
Redhawk Medical also holds the Intellectual Property Rights to the SANDD line of Needle Destruction devices. Through its medical products business unit, the Company sells the Sharps and Needle Destruction Device (SANDD™)
https://nomoresharps.com/
The SANDD Mini:
The SANDD Pro:
More information on the SANDD line of products can be found here:
https://nomoresharps.com/
https://twitter.com/destroyneedles
https://www.facebook.com/destroyneedles/
https://www.linkedin.com/company/destroyneedles/
https://www.instagram.com/destroyneedles/
The SANDD line featuring Dr. Drew has had commercials on the following networks:
CMT, Ovation, CNN, Fox News, INSP, Discovery Life Channel:
https://ispot.tv/a/nfyA
https://www.youtube.com/watch?v=z1e1GnI06n4
Actor Derek Theler Joins SNDD as a spokesman
Some Police Departments are currently using the SANDD First Responder.
There are many aspects to Redhawk Holdings which also include:
-EcoGen Europe
https://ecogen-europe.co.uk/
-RedHawk energies
https://www.redhawkholdingscorp.com/redhawk-energy-corp/
http://www.redhawkenergycorp.com/
-RedHawk Land and Hospitality
https://www.redhawkholdingscorp.com/redhawk-land-hospitality/
The team that has been created here has vast medical experience. They have been strategically selected and have years of experience in the medical supply chain with hospital and law enforcement connections.
Who We are:
Darcy Klug - CEO:
https://www.expertconnectionpr.com/darcy-klug/
Philanthropy:
https://www.lsufoundation.org/s/1585/17/interior.aspx?sid=1585&gid=1&pgid=880
Interview with Darcy Klug:
https://healthprofessionalradio.com.au/sandd-mini-sharps-and-needle-destruction-device/
Board of directors member Joseph Mohr:
https://finance.yahoo.com/news/redhawk-announces-appointment-supply-chain-170000139.html
https://www.accesswire.com/559414/RedHawk-Announces-Appointment-of-Supply-Chain-Veteran-to-the-Board-of-Directors
Here is his Linkedin showing all his experience:
https://www.linkedin.com/in/joe-mohr-1bbb7015
Board of directors member Charles D'Agostino:
https://ih.advfn.com/stock-market/USOTC/redhawk-holdings-corp-SNDD/stock-news/81319066/charles-f-dagostino-joins-redhawk-board
https://www.accesswire.com/569664/Charles-F-Dagostino-Joins-RedHawk-Board
https://www.linkedin.com/in/charles-d-agostino-349a613
Board of directors member Gerald C. Guzzino
https://ih.advfn.com/stock-market/USOTC/redhawk-pk-SNDD/stock-news/80726865/redhawk-announces-appointment-of-senior-medical-de
https://www.accesswire.com/559537/RedHawk-Announces-Appointment-of-Senior-Medical-Device-Sales-Executive-to-Board
https://www.linkedin.com/in/gerald-guzzino-32601a80/
Redhawk hired Sheriff Bud Torres to lead the first responder marketing unit:
https://www.prnewswire.com/news-releases/sheriff-bud-torres-iii-to-lead-redhawks-first-responder-marketing-unit-301037487.html
https://ih.advfn.com/stock-market/USOTC/redhawk-pk-SNDD/stock-news/82195158/sheriff-bud-torres-iii-to-lead-redhawks-first-resp
https://www.linkedin.com/in/bud-torres-0a6116a0/
For information about the current share structure please follow this link:
https://www.otcmarkets.com/stock/SNDD/security
===================================================================================================================
OVER YEAR+ DELINQUENT FINANCIALS !!
SHAREHOLDERS IN THE DARK ABOUT SNDD's FINANCIAL SITUATION.
LAST FILING AS OF Period End 3-31-2021
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