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We know that there is no office space, no working web page, no phone, nobody responding to email, no secratery etc. If I had to make a bet there is currently NOBODY left at all to represent HDC. So If Intel didn't write a separate acquisition contract for HDC (to gain SVM patent) in addition to the initial $2.25 million we will just watch this become defunct. I don't see anything in between like relisting panning out. It's either a cigar or an egg.
Buylow2, granted, we do not have a replacement CEO as of yet, however, there are still "decision makers" at the helm of HDC. They would, in fact, be responsible for the hiring of a new CEO. I refer to these decision makers as "management."
Hey Charles, there is no management
As always, thanks for contributing your thoughts, LocWolf. If this investment ultimately goes south, I will be disappointed but not devastated, because I never invest more than I can afford to lose. However, I'm not counting this one out yet, as I think there is still more to come. Good luck to ya!
Charles...yes that is a thought but it is hard for me to dream about something as such. Many reasons of clear true negativity reasons verses true hope but hope is all we have.
I believe probably a good point is the fact that HDC Inventors are long gone and no longer having patents issued to HDC. now of course Weston is into deep AI patents with Google and or Microsoft but haven't check lately. Now Guyon seems to be happy patenting things referencing purses etc so it seems to me zero future seen by many things on the outskirts of HDC that were once close to HDC's heart.
Charles just got a phone call will continue message later
LocWolf, I would like to respond to one point you have made, which is that the expiration date on HDC's primary patent is arriving sometime next year (2025). I agree that no one "in his right mind" would want to buy HDC solely for the IP at this late stage of the game. However, IF HDC were to hire an expert in the field to take over managing the company, this expert may be able to develop and patent new products utilizing HDC's patented technology. This expert in the field could then proceed to market HDC's new products. At that point, it really wouldn't matter so much when those underlying patents expire, because clients would at that point be using HDC's new products (products possibly related to molecular diagnostics/testing), ostensibly for years after the original patents have expired. Now I am realistic enough to know that this is a rosy (optimistic) scenario, however, this is a potential pathway to monetize HDC's IP, IF the current management is able to execute such a plan.
Charles...I read your post over on Yahoo and yes it would be cool if this turns out to be great but I have this feeling we are not in Kansas anymore.
Yes there was some skin placed in the game mainly by George and his friend but as to everyone else they just did what was expected and of course all this is done from their homes. So they mainly got hardly nothing to show except shares like a lot of us. You know as I do that several investors had millions of shares at one time but who is really still holding shares at this time or even giving a crap like some of us.
So as most patents portfolios and patents, a patent loses it's lust big time at the 18th year out of 20. What I'm saying is the fact we only have one year left before it expires no one in their right mind would want to license it or buy the technology at this point
At this point it just isn't worth court actions period. Now what I will save is Vennwest actually interested in using HDC since it is a public trading company. Why do I state this? Vennwest was interested in HDC at one time but have you thought about the possibility (it might be dead now) that it wasn't about making money from having HDC shares but rather a take over. Think about the Canadian connection in who is who now recall BQ relationship with those two Canadians. BTW...the way the Vennwest website has been non operational for at least 1.5 years.
1 patent
Now looking back at the past settlement wording it appears(as we all discussed prior) that Intel may have said this is all you are getting. Anyways maybe as stated prior that HDC could not provide enough goods in the discovery phase. So what I might indicate that Intel gave HDC basically $2.25 million since some monies must be paid to HDC Attorneys to state the least and HDC then agreed not to ever sue Intel and gave Intel the reassurances by way of prejudice and sealed with a kiss by Judge Albright.
Of course I still hope I'm dead wrong but how many years have we been moving the goal post around the football field? Damn, there isn't a place left on the field that we haven't used already.
I just checked PACER referencing HDC/Vennwest, as I stated prior last document (that can be seen) was #95 filed on 2/13/24 and nothing further yet something was entered/filed on 3/21/24 but not accessible. I have absolutely no clear thoughts either way about that
Hello King....I haven't checked PACER in a couple of days but will later today or tonight. Hope you are doing well.
And they all make $$$ except us.
So in review of Georgia court system involving HDC/VennWest....on 1/30/24 HDC filed Doc #94 then on 2/13/24 VennWest #95 to counter (again) yet it has now been 56 days yet I see nothing on PACER involving this case.
Who knows what is happening but is HDC settling or telling VennWest they are broke? ... is there any possibility that VennWest might want HDC as a sub company and that the two parties are trying to settle up so Colleen can ride off into the sunset and leave this mess?
...or has each party left Dodge City including the Judge who has probably pulled all of her hair out by now here you go these are our players involving HDC/VennWest and the Georgia Court system.
LOL! Yes, someone needs to set them straight.
Charles...please send Joe and Roland to SEC school.
You are very correct thank you....I hope you have been doing good and enjoying the new year.....oh chit tax time! actually I only ended up paying $400 this year as for stocks, that totally sucks!
Charles....take this weblink over to Yahoo https://www.otcmarkets.com/market-activity/corporate-actions
This will let several know what in the world is happening if anything. It seems when HDC has close to two days of what "appears"? to be two days of basic sells it will hit the five zero decimals.
Georgia Corporations offices.
https://ecorp.sos.ga.gov/BusinessSearch/BusinessInformation?businessId=1275889&businessType=Domestic%20Profit%20Corporation&fromSearch=True
Do know as to Georgia Corporation office or any other state corporation office we would see news from the company BEFORE we would normally see a change directly within the corporations office. Marty paid up this year in advance so it won't be until mid 2005 before anyone could expect a positive update involving any continuing licensing by the Georgia office.
I doubt that several over on Yahoo could handle PACER so I won't post that direct weblink again as I have in the past.
Buylow....maybe we would have a better chance winning $4 bucks from the lottery, of course you might have to spend $10 bucks to win that but wager the time spent involving HDC or playing to lottery...besides which is more fun?.
Hey Lockwolf, do u think shareholders would get more than 0.0001
Doesn't anyone besides me wonder if Vennwest might have been a process to take over HDC in order for Vennwest to spin part of his operations here in the USA. Mind you if people have been watching Vennwest's 2023 website that didn't open and of course now in 2024 still non accessible I just wonder.
Yes we all still hope but being practical HDC does NOT need to ever utter any comments nor sec filings ever again and in time we may see various information within the "OTC Market" website as to some type of ending which could be a year or so down the line. The other place to keep on checking is Georgia Division of Incorporation to see changes.
It really should be clear and yes I could be wrong but really? I would have announce the settlement FIRST and then either in a different 8-K announce Mr. Fromholzer's exit. Also look close at the words involving AI we are a joke referencing that area and everyone pretty much knows this down deep.
I don't expect (except) seeing an 8-K that finishes up the Vennwest crap then most likely nothing until we have the money to lock the doors doors are already closed. HDC hasn't had an business office in how long?
There is absolutely nothing stopping whoever might be in charge to state something to us shareholders except what? We have no MONEY.
Hey Chaz, we all hope your rite with your optimism if Hdvy had anything good to say it would of been out by now. IMHO
The Texas Doc #73 (which is just prior to the settlement document states as follows - Intel Corporation stated that the amended scheduling order requires the parties to narrow the claims to triable limits, the defendant proposes the claims to be limited to no more than 4 -6 claims which would be a resonable number of claims to present at trial. Moreover, plaintiff's proposed narrowing is not a narrowing at all because plaintiff already limited itself to the 15 claims identified in the preliminary infringement contention more 10 months ago and well before representing that it would agree to further narrowing of these claims to a triable limit in the amended scheduling order. Defendant remains willing to similarly narrow its invalidity grounds to triable limits but cannot meaningfully do so until plaintiff identifies the asserted claims.
(above doc #73 dated June 30, 2023.)
George H McGovern III Died June 30, 2023
The next document we see is a settlement on 9/15/23 which is document # 74 dated 9/18/23
I would love to be wrong as this investment is the last hope of a ROTH account Now we aren't talking a few years we are talking 21 and I retired in 2007.
Yes indeed sir Charles. This is the opposite of cut and dry. Until we can “solve for X,” with the information available, there is more information to come.
There seems to be two explanations for X. One, is the sudden surprise of no damages at the end of discovery; a legal process incorporated to safeguard against such a surprise. If true, IMHO, it would be an inconceivable legal blunder (given this safeguard).
The other solution to X is Bill Quirk’s Human Factor premis: The family surrendered a large settlement due to grief’s inertia. LocWolf implied the same idea when suggesting Colleen wants nothing to do with this mess. Again, it is inconceivable that both the key shareholders (Colleen included) and key stakeholders (legal team) would concede to such share value destruction. Their share value loss is exponentially larger than ours combined.
I’m with you Charles. Unless someone here can provide a plausible solution for X with the available information, then X lies in what is to come – even if this solution explains a why we settled for a loss, given the 2 million might not even cover legal expenses.
LocWolf, I reciprocate the well wishes and express my hope that you and your family have a blessed Easter Holiday.
As for HDC, I am well aware that our situation appears bleak to almost all of us on the outside. We have received no news or anything of substance to sustain our hopes since the settlement announcement back in September. To further exacerbate the situation, the Vennwest matter drags on at a snail's pace. My stance is, and has been since before the settlement announcement, that no news does not, in and of itself, establish proof that nothing is happening behind the scenes. As I have stated before, the best strategy to maximize a "return on investment" for all of those insiders holding millions of shares (i.e., the family and friends of George McGovern) is to get the stock trading again. Of course, this would entail getting all of HDC's financials current with the SEC. Do you have any proof that this is not happening? Your conclusions are based upon certain assumptions which may or may not be true. I maintain that the verdict is still out, and that it would be premature to declare that our patient is braindead with no pulse. We cannot ascertain this yet. I am not being an optimist or a pessimist, just a realist.
It looks pretty cut and dry with the exception of bankruptcy- closing shop by way of some type of announcement.
I believe (as I said prior) but had hopes that I was wrong that when it came down to the discovery phase to show Judge Albright we actually had very little to show so the two parties came together and Intel offered HDC an offer they couldn't refuse. (GODFATHER)
Yes I am shocked that we are still in this Vennwest case but believe that will be over within the next 6 months which will lead us into the final day to close HDC DOORS.
HDC provided an 8-k which issued a settlement which is done, done and done.
We don't know some circumstances and may not ever know due to legals.
I can pretty much say that Colleen probably never wanted to mess with HDC and you can't blame her as she has her own business and life to tend to. We have seen 2 deaths which could have and after affect on lives plus some may not know the personals of the family meaning past and present which have no merit what-so-ever to be posted in this message thread but may have also played some part in decision making. We don't actually know this for sure but do speculate this thought.
So like Charles we can hope but really after all the damn things we have seen over the years plus no final court session involving Judge Albright it isn't hard to see that not much if any money will ever be divided amongst retail shareholders but we can't have closure until some type of HDC announcement. As for HDC patents they are dead in the water as most patent life runs low at the 18th year of 20.
Lockwolf. What a shocker, Intel court case would of been this April, but we settled for a smoking 2 million instead.
Just checked PACER - Georgia Courts and see no new documents since I mentioned (3-12-24) doc# 95 but next document will be number 96.
My past post # 18265
I believe it is safe to say I'm in better shape than HDC but sure would have loved to see a happy ending in this company. As for myself I wasn't able to see that HDC was done years ago...actually, I would not face it.
Locwolf hope your well, figured u would type with your toes than stay away. U haven’t missed a thing as usual, 15 years later.
LOL! LocWolf, you're a trip! I appreciate your many contributions to this board. May your recovery be swift and complete.
Decided to try and post and just went to PACER to check on the HDC/Vennwest case. The latest document is number 95 dated 2-13-24 which is basically 29 days ago. It appears in this document Vennwest is asking the Court to deny Defendants motion to strike parts of Laurie Venning and Kevin Kowbel's declarations.
_______________________________
So in short both corporations are still pi$$ing in the wind at one another while shanghighing all us HDC shareholders. Talk about shareholder abuse/Torture.
I sure hope my friend Charles has inside information but regardless Chazzy is a special person and maybe when this is all said and done I'll surprise him and pull into his driveway...maybe even watch the beautiful leaves change color....heck I'll listen to him play a few international tunes while swinging in his hammock.
King yea selling at zero doesn’t sound like closure, of course we have to hang around we’re all stuck like pigs.
We’ve waited this long, we might as well stay for the finale.
We haven't heard anything for one of two possible reasons: either everyone has packed up and gone home, so there's no one left to issue the news that the company exists in name only.
Or possibly there's a deal being finalized behind the scenes.
I will admit that I didn't think the stock would still show up in my brokerage account at this point. So who knows, maybe Chazzy has the right take. I'm not optimistic, but there's no harm in hoping for the best.
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?
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