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When HDC first started our goal was to "develop biomarkers" and that totally changed.
Charles....listen to the words by Mr. Fromholzer as follows I look forward to watching the Company continue to move forward with SVM-RFE in the world of AI and in the development of "identifying" early stage diagnostics for "common health issues.”
Now please read what he is stating, we haven't actual done that in 20 years let along now...I know, Dr. Albitar is coming back to work for HDC right? WE DON'T DEVELOP
of course we could "identify" but that falls so short, PERIOD!...we can't even "identify" and CEO.
...now of course you could find out where Hong Zhang is hiding out at I mean he is the scientific officer of HDC. he's the man!....taking a midday nap at the University.
Alan...I figure that $2 million resolved any questionable royalty too, why continue messing with HDC in any fashion look at our management. and finances.
I think you said it best when you stated about HDC patent history and of course the evolving child patent...and that child patent will die in 2025...no need to carry on in any fashion.
I feel strongly that HDC or should I say our Grandfather/Grandmother who first developed some of these algorithms, machine learning algorithms were light years ahead of what investors having any clue what in the world is so valuable with what algorithms and other mixes of math within. I don't even think if we had money, the connections and first class management way back if that would have made the difference. I truly believe all our technologies were born in the wrong time frame verse the world to understand them and next how could investors really understand our technologies back in 2003.
Doesn't all this make you wonder why Barnhill didn't IPO all this many years ago, aside from money?
In early 2003 a certain person in NY retired and his profession within one of the large corporations was to find new and upcoming technologies and professionals for the corporation he worked for, for that reason and exposure is why I invested here.
-- Dr. Barnhill mixed in next and that is all I can say but even so my NY friend had passed years ago ---
so... prior HDC we were "Direct Wireless" and Bill Williams was our CEO some here may not know him by "Direct Wireless" but the following link will suffice.
https://www.seafoodsource.com/news/business-finance/bill-williams-founder-of-naturalshrimp-dead-at-85
As for HDC I knew it like the back of my hand and it has been backhanding me forever but now that seems to be over, waiting on the final word to close 2 out of 4 accounts.
Is it really that hard to see that the strong possibility that HDC could not provide enough evidence within the "Discovery Phase" that they had to settle as per agreement Why should Intel even pay out any monies to HDC? it would seem that some evidence may have been partly evident but not enough to wager in a trial. Maybe couple that with the thought that HDC has pending weakness in every possible area of business plus the inability to move forward but has other liabilities to pay to also windup the company.
For those that might think HDC had a super tight case why settle for a measly $2 million? Let me just say if we had the true evidence within the discovery phase we would have not settled therefore Intel would have rebuttal extremely intense but none of this happened in other words even if HDC plastered Intel with massive evidence Intel still would have come back at least one more time to rebut their side long before court and also had the pressure of been real HDC would have settled for more money not to say hundreds of millions but maybe $10 to $25 million.
We have been a sad case throughout our history have we not? why change a perfect score, yes so sad!
When no Interim CEO was appointed that should have told you that we were headed to the bone yard, and furthermore since that time (over 3 months) still to this day no CEO. Marty Delmonte knew the score here and has the experience to have at least crutched that position until a shareholders meeting but that did not take place. I believe George did all he could and possibly some things considered on a razors edge that might also become a problem in the future so with that thought who wants to step in those shoes?
Lookie here..... From when Mr. William F. Fromholzer, at the age of 77, will retire from the board of directors of Health Discovery Corporation (the “Company”) by October 1, 2023. Mr. Fromholzer issued the following statement: “My tenure as a director was one of the great experiences of my career and I look forward to watching the Company continue to move forward with SVM-RFE in the world of AI and in the development of identifying early stage diagnostics for common health issues.”
Next here is his past prior HDC......... William F. Fromholzer is a retired executive with global work experience with both public and private companies. Among his positions he served as Senior Vice President and Corporate officer of Indium Corporation of America (ICA). His primary responsibility was to expand the national footprint to a global sales, marketing, distribution and manufacturing company serving the electronics industry. Today ICA is recognized as a global leader in its space. Also, he was Vice President of Sales for DUSA Pharmaceuticals, a public dermatology company, whose main drug Levulan is used to treat precancerous Actinic Keratosis. In addition, he served as a director of LaserLink.Net, an Internet services company that was acquired by Covad Communications.
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I am very curious on what did he sincerely do to state HDC was one of his great experiences of his career?
Alan...I fail to understand why some in these message threads think HDC will continue to move forward in business? I doubt these investors realize how many AI patents exist.
As for the Attorneys 40% take under the present conditions...Could you imagine the drinks flowing at each Law Firm and the chuckles.
Yes far too many years had past and no doubt Barnhill may have known a few things that many other didn't know especially retail investors.
As for Intel I haven't any problem with them I mean when you swing at a dude you had better think it through and be aware of how hard that punch might be. I do think HDC stayed the fight as long as they could and that Mrs. McGovern may have played a small role in this concluded results but I feel our attorneys could not provide enough detailed/truth in the discovery phase. I am shocked that all this didn't end long before that event, and could you see the USPTO just shaking their heads at all their effort.
From what I gathered the company owed back pay to Mr. McGovern around $800k now this has nothing to do with any stock arrangements. So as you can see I doubt any monies will be left for shareholders especially considering any ability to compensate around 580 million fully diluted shares if not far more since we don't know due to no SEC filings.
Hello Jack....you know the score so take care.
ou71764...yes indeed yet so many will not understand that. And the comment that Mr. Fromholzer made within our latest 8-k as follows...........
William F. Fromholzer, at the age of 77, will retire from the board of directors of Health Discovery Corporation (the “Company”) by October 1, 2023. Mr. Fromholzer issued the following statement: “My tenure as a director was one of the great experiences of my career and I look forward to watching the Company continue to move forward with SVM-RFE in the world of AI and in the development of identifying early stage diagnostics for common health issues.”
Hello Mr. Fromholzer it is so sad that you are leaving the company before we blast through the stratosphere in share price. Why would you even think of leaving when you think HDC is so close. You just sucked in a few more which is very wrong Also HDC has no future in the AI world.
Chales Charles from the Yahoo message board
6 minutes ago....................
The 8-K from HDC was published yesterday from the SEC. It confirmed my forensic analysis that a settlement was reached between Intel and HDC, and that the settlement agreement was signed BEFORE Intel withdrew its appeal at the Federal Circuit on 9/13/2023 and BEFORE HDC dismissed its lawsuit against Intel on 9/15/2023. Although the settlement amount is disappointing, it IS however a tacit acknowledgement of infringement, and it will provide HDC with the needed funds to get the books in order and resume trading again. The market will discover soon enough that HDC owns all rights to SVM-RFE technology, and the subsequent share price will reflect that. Be patient, as these things take time to develop. The good news to glean from this is that it is NOT over for HDC (as some had feared)
Charles we are done done and toasted done why are you posting hope that isn't real?
I'm sincerely realistic and bearish as a true investors could be!...Charles I don't fear I'm just being realistic!
For those that can not look into the deep depths of HDC and also AI and our remaining patents just know this, been here since May of 2003 and knew HDC at every turn and will tell you even with a half a$$ settlement that we did not get, we still would end up winding up there is nothing left, no law firm would ever again pursue, represent HDC in the same fashion. Management is not true management and it isn't their fault it was a lack of money many years ago and patent misunderstandings many years ago. If people here would just consider looking at just how many AI and SVM-RFE patents exist then you would understand. We have every possible circumstance in this curse against us as there is nothing more to even wish for as the dagger has finally been pulled out of our chest, or back depending how you look at it and if you can't see us laying on the ground that is fine but don't expert our dead company to ever walk proudly ever into some happy ending. All this has been hard on management too so do not doubt that.
That is as embarrassing as it gets...no wonder I'm not an attorney : - )
I see they are talking 400 million shares divided by $1.25 million...that is totally wrong figuring we will get far less than that if anything The CEO back pay was around $800k - $1 million, HELLO people over on Yahoo!
....also shares are more like 600-680 million and possibly even more but at least 580 million fully diluted shares.
Alan...HDC is done what you were reading was hearsay and even "Perry Mason and Hamilton Burger" would totally agree that HDC is done!
As I said prior the firm would pull 40 percent but what really blows my mind is why did they pursue this case just to be dogged by a lack of discovery. No way would those Attorneys back away from the case had they had concrete discovery. They may be able to cover all their financial loss as put this case but how much did they lose due to pursuing and not pulling away from HDC. Sure a dent in the case with losing our CEO but they still would have moved forward...if you look at the closing date of discovery 8/25/23 verses the SEC reporting date of 8/31/23 it is clearly seen that HDC failed within the discovery stage of events, we were shooting blanks. as the next date of 9/8/23 was for expert reports by HDC, we had nothing and wow our Attorneys had to had been floored.
Good Sport what the hell is wrong with her, she is still doubting the SEC...does she even understand what a SEC filing is?
Good Sport...now those who search the internet, and as you know it could be a dangerous place but the SEC filings speak the true truth!....I do wish she was right but I trust SEC filing before any manipulated Internet search.
Well that's a wrap for Health Discovery Corporation,
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
William F. Fromholzer, at the age of 77, will retire from the board of directors of Health Discovery Corporation (the “Company”) by October 1, 2023. Mr. Fromholzer issued the following statement: “My tenure as a director was one of the great experiences of my career and I look forward to watching the Company continue to move forward with SVM-RFE in the world of AI and in the development of identifying early stage diagnostics for common health issues.”
Item 7.01 Regulation FD Disclosure.
On August 31, 2023, Health Discovery Corporation (the “Company”) agreed to the terms of a settlement agreement for the patent infringement claims asserted against Intel Corporation in Health Discovery Corporation v. Intel Corporation, Case Nos. 6:20-cv-00666-ADA (W.D. Tex.), 6:20-cv-00356-ADA (W.D. Tex.). The agreement provides for the payment of $2,250,000 by Intel Corporation to the Company and release and dismissal of all claims against Intel Corporation with prejudice. A stipulation of dismissal was filed on September 15, 2023, and all asserted claims were dismissed with prejudice on September 18, 2023.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
HEALTH DISCOVERY CORPORATION
Registrant
Dated: October 17, 2023
By: /s/ Colleen Hutchinson
Colleen Hutchinson
Board Member
====================================
The end is finally here, that's all folks
====================================
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001141788/000168316823007231/health_8k.htm
Alan....I figure the 27th will be the date when Intel files their 10-Q and maybe something might show referencing HDC. Now how cool would it be if within their filing shows some type of positive settlement, that filing would normal hit on Friday and possibly after hours. I do wonder, HDC/Veenwest will be in court via ZOOM the day before which is the 26th. It would be cool if a settlement is seen within Intel's 10-Q and perhaps HDC might file something on the 27th too.
Charles...nice to see your playful side today...sometimes laughter is the solution.
I seen that too....at least we know they will bite on a penny. I wonder if there will be any other takers?...next bite 2 cents?
From the Yahoo board, now please don't take this personal.
GB- 18 hours ago
I'd suspect our lawyers would have negotiated a commonly used percentage formula of the Intel qtr or annual total revenues made during the range of infringement years. We should see a very handsome settlement announced soon. Had to be involved with chips and more than likely pressured by defence programs "that don't exist" to keep it out of the public and settle.
Charles replies..... You raise some very good points, GB. I had not considered the defense contract angle, with so much of that information needing to remain classified. Pressure from defense contractors and from the government could have been added incentives for Intel to resolve the HDC lawsuit with as little fanfare as possible.
Now I'm far from the brightest candle in these message threads but I gotta tell you two that What happens in Vegas stays in Vegas It isn't needed to say more but if it is a secret military contract it remains as such.
...and again if we were as successful as GB expresses HDC if for nothing else would have stated a new interim CEO. They would not have to say anything else but that would have been the minimum that the company could do after all this abuse.
I also conclude that this agreement could be null or possibly worth $25 million but people that think just because Intel is so huge that they can give out billions of dollars are out to lunch. Sure I would love a billion dollar settlement but again we have no product abuse to boost settlement levels that high. Netlist is a totally different than us, as day is to night, face it HDC and most of us shareholders are simply too tired and wish to somehow walk out of this with at least our underwear and our shoes. Just because Intel is so large they value a dollar just like any one else.
Good morning Alan, I was looking at the dated documents in the case and as I see things, on August 25th was close of Fact Discovery so that process ended. It appears some time between August 29th and September 5th that Intel and HDC agreed to dismiss the case. USPTO - K. Vidal was notified and legally released on as per September 11th documentation, Federal Circuit. Now as per the September 8th expert reports within Texas Court that never took place and no doubt Court clerks for Judge Albright were notified prior plus future documentation referencing agreement for Judge Albright's sign off signature.
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A month ago or so I recall seeing someone over on Yahoo talk about that Judge Albright might have his own two cents involving this case. The Judge is simply stamping with his authority an agreement between two parties and nothing more.
Alan....I have been thinking about the last two massage that you wrote and no doubt excellent writings especially with your past involvement with Intel. I'm coming to the same road intersection again and that is if we had a positive settlement involving Intel HDC would have at least produced a press release or 8-K announcing a new interim CEO. they would not need to state anything else because we are within the expert market. The damn company can't even give us the time of day how sad....what am I thinking... they can't tell time in the first place!
Those on Yahoo...who knows we might be trading at $2-$10 right now but can't see it?
I'm still looking at the possibilities of 50 cent entry again coupled with delisting threat and RM pressures. The timing will be critical!
Hello Alan...now I'm not going to get deep into something that I haven't any clue nor check the database for all the worksheets involving this application and yes all kinds of mathematical and you name it but check out the RFE-SVM, SVM-RFE in the diagrams within. Seems they could easily flash these chips or even change them when needed for different applications and work levels. HDC good friends "Eric Li Q" and his sidekick Qian Diao hard at work. https://www.freepatentsonline.com/20080243728.pdf
I gotta laugh then cry and laugh again listening to typical retail investors over on Yahoo trying to get a class action case going before we get thrown off the expert market as the days approach us........ what is the brave BQ doing to start such a needed move? Isn't he phoning and emailing everyone that was on the prior case within Exhibit B which listed even past directors and President of HDC. So will BQ save the day and drum up all the retail & those listed on that past list. Stay tuned to HDC's daily curse as the world turns.
Alan...it would be nice to have some type of share conversion but doubt Intel wants to mess with that. Maybe buy the patents but that is all I see Intel doing. Now HDC can not sue Intel but Intel can sue HDC. I wonder how far that can be flexed and could their be a reason for Intel to be watching Laurie Vennwest?... but actually and again I just don't see Intel doing anything except possibly buying our patents that is if they felt forced. It would seem HDC patents should now be in a museum.
I believe the Intel/HDC conversion presents an unrealistic disadvantage to existing Intel shareholders.
Charles....re: The attorneys from both companies are meeting with the SEC to determine exactly how shares of HDVY would be converted into shares of INTC. Dream on Charles but gotta tell you that would be cool. Maybe $1 billion settlement or 1/10 share exchange but 1/100 would be highly satisfactory with me. Just hold unto these shares untill they kiss $50+ then cash in a few 🐗
Zenos....let me add another slant to the BOD of HDC...Who made Mrs. McGovern our CEO? I gather you might now have more thoughts about that? At any rate take that idea to the other message thread and see what they think about It? So actually I would think she doesn't have a say in all this.
D&O Insurance highly unlikely now think about that!!....couldn't even fund and damn phone line come on folks!!!!
From what I'm reading those "D" shares will not be worth more than .006 ....now I could be very wrong so read the BYLAWS at Georgia Corporations office.
https://ecorp.sos.ga.gov/BusinessSearch/BusinessFilings
EX-3.2 2 tm2019829d1_ex3-2.htm EXHIBIT 3.2
4. Article Two, Section 4 of the Bylaws is deleted in its entirety and replaced with the following
“2.4 Notice. Notice of annual or special shareholders meetings stating the place, day and hour of the meeting, and the means of remote communication, if any, shall be given in writing not less than ten (10) nor more than sixty (60) days before the date of the meeting, either mailed to the last known address or personally given to each shareholder entitled to vote at the meeting. Notice of any special meeting of shareholders shall state the purpose or purposes for which the meeting is called. The notice of any meeting at which amendments to or restatements of the Articles of Incorporation, merger or share exchange of the Corporation, or the disposition of corporate assets requiring shareholder approval are to be considered shall state such purpose, and shall further comply with all requirements of law. Notice of a meeting may be waived by an instrument in writing executed before or after the meeting. The waiver need not specify the purpose of the meeting or the business transacted, unless one of the purposes of the meeting concerns a plan of merger or share exchange, in which event the waiver shall comply with the further requirements of law concerning such waivers. Attendance at such meeting in person or by proxy shall constitute a waiver of notice thereof.”
Just in base pay HDC owes McGovern $1 million in direct back pay aside from any notes or stock.
Charles...why would Laurie Vennwest not stop his pursuit, even if HDC is broke? Well my guess when and if HDC winds up it would seem HDC would normally scoop any gravy laying on the floor right? Why shouldn't Vennwest make sure he is near the front of that line and besides with Vennwest sniffing all the way to court on October 26th at 11AM he would keep HDC's Board members feet nailed to the floor... I just checked PACER and no new documents yet but the next number will be # 72...but wouldn't it be nice to finally leave here with a few dollars in our pockets?
Charles....not possible or at least I theory that HDC can not rise again. What CEO or CFO is going to go through all our records which brings us to Section 302 and 906 within the SARBANES OXLEY ACT OF 2002. This was one reason I had hoped that Marty Delmonte would come back on board and straighten all the records.
In the past OTC has tried contacting HDC Corporate and got "zero response"....BTW...we would generally see Georgia Corporations show a change in CEO/CFO after any announcement but I still check every day in hopes to see Marty's name again.
Hello Jack...don't expect this to move until Jason and the board stops arguing about who is first to get down in the hole with a pickaxe, who is going to swing the sledge hammer but no worry about lunch as Tina will handle that. Place an order next Monday .0006 x 2 MM shares AON.
Why would an 8-K be needed If HDC & Intel did not gain/lose materialistically?
....Is it possible we were looking far beyond a simple answer?
Yes we can dream but far from being realistic, I mean super we will be getting tons of new shares within the new group at Intel.....say maybe in 3 plus years from now, oh well this is still a worth looking at to pass time.
https://www.intel.com/content/www/us/en/newsroom/biographies/biography-sandra-l-rivera.html
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SANTA CLARA, Calif., Oct. 3, 2023 – Intel Corporation today announced its intent to separate its Programmable Solutions Group (PSG) operations into a standalone business. This will give PSG the autonomy and flexibility it needs to fully accelerate its growth and more effectively compete in the FPGA industry, which serves a broad array of markets, including the data center, communications, industrial, automotive, aerospace and defense sectors. Intel also announced that Sandra Rivera, executive vice president at Intel, will assume leadership of PSG as chief executive officer; Shannon Poulin has been named chief operating officer.
Standalone operations for PSG are expected to begin Jan. 1, 2024, with ongoing support from Intel. Intel expects to report PSG as a separate business unit when it releases first-quarter 2024 financials. Over the next two to three years, Intel intends to conduct an IPO for PSG and may explore opportunities with private investors to accelerate the business’s growth, with Intel retaining a majority stake.
The two companies will remain strategically aligned, including continuing PSG’s relationship with Intel Foundry Services (IFS), as they work together to address key areas of the FPGA market. Building on PSG’s highly successful Supply Resilience program pilot, the relationship with IFS will also uniquely enable PSG to give customers greater predictability of supply aligned to their needs, ensuring a more resilient supply chain.
“Our intention to establish PSG as a standalone business and pursue an IPO is another example of how we are consistently unlocking more value for our stakeholders. This will give PSG the independence it needs to keep growing share in the FPGA market, differentiating itself with capacity and supply resilience from IFS, and allowing Intel product teams to focus on our core business and long-term strategy,”
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Oh well, what the heck!....if both sides fought tooth and nail maybe we might be now considered as private investors? Why does HDC seem to always get into the strangest positions with generally no positive results?...or could this be????