It would be interesting to know how they were able to sell their assets given all the $100's of thousand in judgments that were awarded against them.

I don't expect anymore 8k filings indicating dilution now that they filed Form 15. However if they did come up with something good (like being bought out) which would potentially increase the stock price by .0001 or .0002 or so, then I would expect an 8k filing.

With that said, it wouldn't surprise me if Helix issued an 8k indicating that they had contacted or were in discussions with potential buyers just to get the share price up so St George can dump their shares. jmho

Correction...then there was 'one'...reminds me of a song...One is a Lonely Number...lol

Its about time. I feel for all those still holding this stock. But St George et. al. finally are getting theirs!

Considering they would get approximately 8 billion shares in a note conversion discounted to 0.00005/share, it would take then a very long time to sell that many shares based on the number of shares that have been trading. They would have to do a R/S to increase the share price, otherwise no one is going to buy that many shares.

I saw that. Watching the volume of trades for the last few weeks, St George has to start wondering if they are really going to be able to be reimbursed through the note conversion process.

I've been expecting one...they should be running out of funds to meet their payroll of two, or is it three. I can't remember. lol

Based on the latest 8k (10/19/11), St George has notified Helix that it is in default on a number of convertable notes totaling just under $3 million. This would convert into almost 60 billion shares. And, Helix has several million dollars in other court judgments against it.

Just need a litte bit of common sense to know that 'no' reputable business would have anything to do with a company like this.

I wouldn't buy even one turbine from Helix knowing that they wouldn't be able to back up any warranty on the turbine. jmho

Agreed!

Still, I would be very weary of joining any P&D because he and other insiders (including MMs) have allot of shares they can dump. Although investors will be able to buy during the pump phase, when they start dumping, they will work with MM's to fill their orders first keeping investors from selling. Investors then will end up holding the bag...again. jmho

I agree. The Lincoln project is the only hope this company has for a pump. I feel sorry for anyone who buys into this company because the MM's and other insiders will have a ton of shares to sell and the investors will be left on the sidelines once the dump occurs after the pump. jmho

I appreciate the honor, but believe I will pass. Thx

Approximately 410 million shares were issued over the last month at a discounted price of .00005 to convert notes. So whoever it was, they are doubling their return on their investment.

Looks like St George and the other creditors are dumping their remaining discounted shares for .0001

Its only a matter of time and this company will go belly-up. With no bid, the risk of lending this company any money is not 100%.

It will be 'really' interesting to see if anymore debt is converted to stock. jmho

Based on this 14C filing, Stan has no equity interest in Trudy and left back in Dec. Interesting...

As of yesterday they are 190 million shares closer.

And to think that a year and a half ago they were only at 60 million O/S and today 2.6 billion O/S.

Wow! What a year makes!!!

Is the final nail being driven into this coffin???

Latest 8k reveals that Helix converted $11k note for 220 million shares (discounted price of 0.00005 / share). Now 2.5 billion O/S.

Also, Scott Weinbrandt requested a default judgment against Helix and increased his suit to $2 millions. Scott knows that Helix will not defend itself because they have no money. That has been their position for the past year. If the courts provide Scott $2 million in summary judgment, I don't think Helix will be around much longer. jmho

They don't plan on selling any shares. Their plan is to borrow funds to maintain their payroll and then convert those loans to shares. St George then sells these shares to investors who believe this company and product have a future or to those who plan to just flip it. jmho

This company will not go into bankruptcy as long as the note holders and those receiving court judgments don't force the issue. As long as they can get their debts converted to shares and people continue to buy at .0001 or .0002, then "they" will make money. Remember, Helix has 100 billion shares authorized and can keep printing shares as long as people continue to buy at .0001 hoping to flip. This company is not going anywhere, and their patent...well, it collects dust on the shelf. jmho

Unfortunately that wasn't an error. Mgmt discounted the shares on the note conversion by 50%.

$9000 / 180 million shares = 0.00005 --- roughly a 50% discount

Anyone planning on flipping this stock is really playing right into the hands of Helix mgmt and St George. jmho

I hear that... This company had so much promise too!

2.24 billions O/S. The printing continues. Issued 180 million shares to convert $9k at a discounted price of .00005 Well, the good news just keeps on coming. lol

2.1 Billion O/S as of Aug 24th. Looks like the printing presses are back at work. That's the only thing working at this company. lol

But then again, bid is .0001 for 165 million shares. Go figure...

Bottom line is as long as there are buyers, St George will make money.

I agree, but you are assuming that they will be able to "sell" 100 billion shares. If people quit buying this stock, then their note conversion regardless of discount will be worth nothing. Past earnings by St George off of Helix is no indication of future potential especially since the share price and trading volume have significantly declined since 2009 and 2010. I believe the downside risk is greater than the upside potential. Less and less trading is going on and at some point in time this thing will go to no bid status. jmho

Goosey...I have no clue. It just doesn't make any sense to me. With stock trading between .0001 - .0003, what does St George have to gain. It would seem they have everything to lose.

Glover was President of PYBX. Did Glover leave PYBX to be Trudy's President or has PYBX taken over TRUDY or vice versa??? This is getting interesting.

Bids at .0001

What's next...BK or RS???

Even still, as a fully reporting company wouldn't / shouldn't Trudy have filed for an extension since they didn't get their 10K out within the alloted time. I think there are more problems then just with their accountants. jmho

Is the latest 8k issued today showing the demise of a company? St George just informed Helix that they had defaulted on four notes and Helix received a Notice of Levy/Enforcement of Judgment wherein Gordan and Rees LLP seized $62,500 in cash from Helix's bank account. Spiraling down...bankruptcy next...jmho

It looks like one of them is trying to beat the other to the punch. One can dump their 172 million shares over a couple of weeks and the stock will only drop to 0004, maybe 0003, and they can still make money. But if they both were to convert their perferred shares and dump their stock, then the bottom would fall out of the price.

If people would just step back and look at mgmt's history over the past 1 1/2 years, they will see this company has no future and any buyout, if it were to happen, will not be worth anything to investors. Considering 1000 Series A Perferred converted to common at 1850 per perferred share along with the pervious O/S of 1.75 billion, that's a total of 3.6 billion shares that will be outstanding and/or converted if there is a buyout. And a buyout of $1 million will only be worth $0.00028 / share. Based on this, most investors will lose. I don't see anyone paying more than this for this patent. jmho

Pierson and Fife were both given 92,973 shares of Series A Perferred stock in exchange for their $43k note back in May 2011. Each share of Series A Perferred stock is convertible to 1,850 common shares. That equates to 172 million shares (92,973 x 1,850 = 172 million).

I believe you are going to see more conversions in order for them to cash out, before losing out. jmho

If it does, it won't be Helix wind turbines. That's a fact we know for sure. Just look at the last 10Q, they say as much...

I wondered how long it would take Helix mgmt to start printing shares once they upped the A/S to 100 billion. Well, they just printed 172 million more shares. Now 1.9 billion shares O/S.

Up 44%...any info on their 10K???

41 million shares already traded this morning at .0005

Be careful here, this pattern is very similar to when Helix converted notes to shares after they defaulted on their notes. jmho

Are we getting ready to get an 8k (unregister sale of equity)???

From being a fully reporting company to total information blackout...not a good sign. If there were good news on the horizon and the company just needed extra time to get its 10k out, then I would have expected the company to request an extension for filing. Unfortunately, that's not the case since there was no request for an extension filed. Therefore, all I can gather from this is that there is no activity and this company remains just a shell. jmho

Thanks

I also heard that "PL" means, Pinksheet Listed. Either way it doesn't do much for us. jmho

Thank you.