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You just now figured that out?? LOL.
HLXW: PATENT APPROVAL! .0007 and flying!
HLXW: .0007. PATENT ALLOWANCE!!
I think they can find the way to pay $1055 dollars. lol.
Get ready for short covering
And yet it still closed at .0008 with a nice little 100 share paint job.
Gotta ask yourself a couple questions. How many times have you seen soooo many things happen to one company such a short amount of time? The 19th thru the 23rd. Keep in mind the 22nd and 23rd were a saturday and sunday.
Dilution of 200 million, 2 plaintiffs requesting default in their respective lawsuits. The manufacturer ends their relationship, yet remains open to future dealings. The Oklahoma project gets cancelled.
Then here comes St. George. They know all of this. Yet they say, suuuure, we'll lend you $455,000.
Keep in mind all this stuff happened right after the '18th'.
How about this? Helix dumps all of their dirty laundry in one instance. Stuff that has been building up, going unreported. Now they get it all of it out of the way, paving the way for upcoming good news. The news they happen to be sitting on. Their 'ace up the sleeve' so to speak. This bad news causes a sell off. Investors panic and sell, 'friends' then buy those shares. Funny how the price didn't fall at all during all the selling.
Now, for a company with it's back up against the wall, such as Helix, wouldn't they do whatever they need to do to survive? Pull out any trick in the book such as what I just stated? For me, I see a lot of smoke and mirrors.
I like your point about the possibility of a reverse split and then releasing good news such as a patent. I question the legality of a move like that. As much as legalities do go unnoticed in these things, its my opinion that too many people would get burned for it to go unnoticed. I'll do some heavy research tonight into that exact type of scenerio. If that did happen it wouldn't be as catastrophic as most as the good news would keep the new pps up.
They can't sell their patent when they get it because of the writ of attachment against them. Perhaps they'll get financing or some investor will step up and pay Bluewater off, ending the writ. and then they'll move forward.
I gotta say this is the craziest stock I have ever owned. Ha!
Good luck to you and to all.
A good start. Depends if the 1 to 2 tick flippers allow it to.
Sexiest looking 3 I've ever seen.
Smoke and mirrors. I suspect something is up. Hence all the buying this morning.
Welcome back. For me personally, I think that there is a glimmer of hope. Last Fall, the dilution escalated into a nightmare. 186 Million on the last one. They only have 550 million out of 1.75 billion left to dilute. Scott Weinbrandt quit in December and its down to just Kevin Claudio. The silver lining on that little nugget of info is that now the 2 main guys responsible for the collapse, Ian Gardner and Scott Weinbrandt are now gone, making room for somebody new to come in and attempt to right the ship. That is if anybody even wants to try. The long awaited patent should help the PPS as well and I expect that will become a reality very soon. But who knows. Its still a crap shoot. Besides, where's the fun without a little risk.
I would love to see a couple 100 million in sells. Something to signal Joe that a sizable portion of flippers from last year are now finally gone. Lol.
Seems everybody on this board wants to desperately sell at .0002 and .0003. No way in hell is goes above .0003 with all the 1-2 tick flippers involved in this.
You've just now figured out they have problems now???
I figured it would be pre-market today. The 4 day rule. With them updating the website the way they did on Sunday and the other stuff from last week. There is still the chance of after hours today. Some good sell blocks going through the last 10 minutes. Shaking the tree, so to speak. I dunno, maybe that's why they're waiting. The last 30 minutes might prove to be very interesting.
Actually, the lawsuit is still ongoing. The 650K hasn't been granted to them yet. The 'writ' was granted to prevent Helix from moving it's assets during the course of the lawsuit.
I guess one good thing that can be noted, is that the new video that is out shows the Oklahoma deal being fulfilled.
The other stuff we discussed last week, Cowboy, should do something. Hopefully sooner rather than later.
For starters, that lawsuit will not put the company out of business.
Its not a good lawsuit in any way, shape or form, but to say that one lawsuit is going to be the bullet that puts the company down is wrong. The 'Writ' only means that helix can't sell or transfer its assets in order to hide them or anything else shady. It offers Bluewater the peace of mind is all. It doesn't grant ownership of the assets to Bluewater.
If you're going to invest in a company at these levels you shouldn't be surprised that it's in bad shape. ie, dilution, lawsuits, etc.
My gamble is that if the company hires a new CEO and be granted their patent that they will be able to survive the stortm.
So you weren't worried when they issued 1 billion? But rather, it was the 186 million that did it for you?
Charts mean absolutely zero when it comes to these things.
Old news. The only thing a 'Writ of Attachment' means is that Helix can't sell or transfer it's assets during the course of the lawsuit, which is still in progress. It does not mean that Bluewater owns them or will own them in the future. I'm not saying it's a good thing, but it doesn't mean that the sky is falling. The lawsuit is still in progress so trying to induce a panic over it is pointless and a waste of time.
Its gotta be a new video because they have the Oklahoma project in it.
And it looks to be completed.
Something is coming up or they wouldn't of adjusted their site. They must be expecting a lot of hits on it in the near future.
Can't wait for Monday!
New video on the home page of Helix's website.
Well, new to me at least. I have never seen it before.
A good read.
Click on the link and then click on the pdf labeled 'Helix Wind EIO 09-09-2009'
http://www.helixwind.com/en/media.php?categoryID=7
Its pretty much 68 pages explaining everything about the company from A-Z. It was written back in 2009, by Crystal Research, before all hell broke loose. Its amazing to read about how much potential this company had back then. So sad to see what has become of it since then. Its like watching a star college quarterback with all the promise in the world, blow his knee out in his first NFL game.
Helix has the chance to recover. Albeit a very small one, but the chance does exist. A patent would be an excellent start. Clarification on the Philly deal would another and hiring a new CEO would do wonders. Hopefully, they can figure it out.
Some clarification of the whole Bluewater fiasco.
We all know, and if you don't know, you should know, that last Fall, Bluewater partners was granted a 'writ of attachment' on Helix's assets by the Superior Court of California, County of Orange, as they are currently in a lawsuit against Helix for 647K. Even though helix claims they are only owed 348K. see below.
As previously announced, on October 6, 2010, the Company received notice issued from the Superior Court of the State of California, County of Orange (the “Court”), of a lawsuit filed by Bluewater Partners, S.A. (“Bluewater”) against the Company seeking damages in the amount of $647,254.18 relating to allegations that the Company breached its obligations to repay Bluewater under promissory notes issued by the Company. The Company has promissory notes due to Bluewater recorded on its financials in the amount of $348,164 (before accrued interest), but does not believe any additional amounts are owed to Bluewater. The Company does not have sufficient capital resources as of the date of this report to repay any amounts to Bluewater, and the Company has not responded to the lawsuit as of the date of this report. On November 16, 2010, the Company received a Notice of Ruling from the Court granting Bluewater’s request for a writ of attachment against the Company and its assets in the amount of $647,254.18. The ability of Bluewater to perfect on a writ of attachment against the Company and its assets will have a material adverse effect on the Company and its operations.
Many of us, including myself, figured that meant that Bluewater was granted Helix's assets. Meaning Bluewater would now own Helix's stuff. Embarrassingly, I just assumed that was the verdict and mistakenly did little DD to better understand the matter. For those that already know what a 'writ of attachment' is, you know that i was wrong to assume what I assumed. For those that don't know, a writ of attachment is down below.
Provisional remedies allow a creditor to exercise some control over the debtor’s assets before judgment. Because it often takes months or even years to obtain a judgment after a lawsuit is filed, provisional remedies are extremely important to creditors. The most important provisional remedy for unsecured or under-secured creditors is the writ of attachment. A writ of attachment permits a creditor to obtain a judicial lien against the debtor’s property or have the sheriff or marshal seize and hold the debtor’s property until trial. It generally prevents the debtor from selling, transferring, or encumbering the attached property until the case is resolved.
Now, obviously this still isn't a good thing. It still sucks. If i was Bluewater, I'd do the same thing. But, at least it doesn't mean that Helix no longer owns it's assets. It just makes it so they can't sell it or transfer it. For those that knew this, well, good for you! For those that didn't. Well, I hope it clears things up for you. It did for me. I'll sleep a little better now. Not a lot better. I'll probably will still wake up grumpy.
Good luck to all.
Lol. You'd have more success on the Yahoo Boards.
Thank you, thank you, thank you! Loving this dip! I will be able to add more on Monday when my coffer fills up again. Right now, I feel like a kid in a candy store without a dollar!
Depends on when the sharks have finished eating.
Nobody is going to buy this at the .15 ASK. They know this.
So until they are done trying to cause a panic sell, it'll stay down.
Silly MM's.
Great education opportunity with L2's.
Everybody involved with this stock right now should be playing close attention to the MM behavior. Its essentially watching chickens run around with their heads cut off. They have no clear direction. I don't think I have ever seen such spread volatility in any other company. Why they are all over the place, only they know. This will be a good lesson to learn from. You should all be watching the L2's.
I wonder whats in the works.
I love this lotto play. You never know what the next day will bring with this one. All we know is that someone has an agenda and we are either on the right side or wrong side. Impossible to tell until the dust clears. Good times!
Who in their right mind would panic or pay any serious attention to what a board poster says anyways?
Just a thought for a boring day. Based on PPS behavior, it turns out Joe is more patient then the majority of investors. He let it go 6 months last year in the .0001-.0002 range after shareholders denied him an RS. Now it's back in that range for 2 months after it appeared that shareholder sentiment would deny him gaining control of the company. Is Joe playing on the impatience of day traders and flippers by stalling progress? Is he the 'Heinz Ketchup' of CEO's? After all, once the cranky investors are gone and new ones come in, he can release news that sends the PPS up, gets the company upgraded to the OTC-BB or QB, making him look like a brilliant CEO and then be given the keys to the company by the happy new investors. Remember this is an OTCPinky. The company doesn't have to report news. The contracts could already be in. If this is the case and it works, then Joe would indeed be a brilliant strategist.
L2's anybody???
5th Annual Cardiovascular Risk Assessment Summit
Examine Regulatory Guidelines and Innovative Approaches to Assess Cardiovascular Risk.
https://www.cbinet.com/show_conference.cfm?confCode=PC11102&field=summary
Coming up next week, January 26th-27th. NewCardio will be there as will plenty of others.
This presents yet another golden opportunity to increase awareness of the company and it's products.
Rather amusing that people here think that a company that is in the 0000's, let alone 2 ticks from no-bid should have successful looking fundamentals.
Monday will be 'Pop' day.
A spike in volatility usually means a pop is near. MM's are dropping the bid and leaving the ask relatively high. They want shares. And it's working!! People are bailing. Can't blame the MM's for shaking the tree when thousands of shares falls from it's branches. If I was an MM i would be doing the same thing. I wouldn't be surprised at all if it went back up to 15 EOD on an ask slap of 5000 shares.
Of course there will be other helix shaped windmills. Yes, part of the patent will deal with the assembly. But also it's parts. Better said,
An appartus for wind-driven generation of electricity.
Additionally, The method of constructing a wind-driven electrical generator.
And, A segmented, helical rotor for use in a wind-driven electrical generator.
I merely think you underestimate the patent.
Each helical wind turbine has their own unique designs. I believe Helix has the better design and therefore having the intellectual property of the better design will help put this company back on the road to success that it had been on back in 09.
Good luck to you! I do believe that both of our hard earned money will eventually multiply here.
Lol. "That's it"??? You just made every engineer laugh their ass off. Have you read the claims??? Or did you just take a glance at the abstract?
The company is indeed a real company with a real product. High risk business decisions in 3rd Q 09 brought this present day disaster upon the company. I've posted some facts and numbers in previous posts here. #4900 and #4951
Might be a good read. Just my thoughts and stuff from DD.
I definitely think a strategic partnership would save the company. A patent for their product would definitely make that a possibility. I would imagine that they have been fielding inquisitions in to it, especially after the Philly news. Even though the Philly news was vague for us. Those on the inside know much more.
Lol. That wasn't the type of news I'm talking about. Even though, look what that crappy news did. We still saw a decent rise. Look what the Oklahoma news did. Much bigger. What does that say about investor sentiment. Solid news, ie a patent, new ceo, would/will result in a huge push up. Short interest alone, which is up 3600%ish will cause shorts to cover. After being stranded in this stock for the last 10-11 months, I know how it trades.