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Idng increased its stake in ecogen from 25% to 75%
That's 3 times the revenues
http://www.otcmarkets.com/stock/IDNG/news/RedHawk-Increases-Ownership-in-EcoGen?id=166162&b=y
YW
RedHawk long and strong
We are still here, just waiting on the 10k. By that time all the peaces to the puzzle should be in place for RedHawks third phase to take affect. That third phase is the major growth phase.
Nope I am here and will be for a long time
Yes, yes, and yes again
I am still here, had surgery on my neck. Not going anywhere RedHawk long.
That also means the company credit rating will be very nice
It's coming soon
I love that two, ability to pay debits in full
Me to ken
Look like much more positive revenues in the 4th quarter with expanded use of SANDD'S
The Company further said it is evaluating certain modifications to the original SANDD mini design which, if successful, would significant expand the unit’s market capabilities and will then include the allergy, cosmetology and ophthalmology medical device markets. RedHawk also said it has decided to exit the exploration and production section of the energy sector and instead focus more on possible acquisition of energy service providers where it believes business valuations are more attractive.
Sounds like a big deal has been inked to me.
The Company also said RedHawk Medical Products & Services, LLC has commenced production and sales of its SANDD mini (Sharps and Needle Destruction Device) with an initial sales order negotiated during the June 30, 2017 quarter.
Positive revenues
Consolidated Net Income (Loss) 151,641 (653,811 ) (317,559 ) (788,924 )
I agree
Still is Jim, just taking a little longer.
No worries here just a small bump in the road. I'm planning on buying more in a few weeks
Yes I heard
I agree
We are all good. Let the price all and it will put more shares in longs hands. I will be buying soon again
Response need by date
21 days
I am if you build it they will come
I always add when I can, to me it's banking future profits and shrinking the float at the same time. That equals more profits in my pocket in the end.
If you owned a company and your business was investing what type of investors would you want. Mr Klug has shown all of us he is a real investor by investing more than 3 million of his own money. It does not get any clearer than that, it's crystal clear to me. No one would invest that much money to fail and all investors should see that.
Price maybe much higher
3000 investors not just 15 on a blog.
In our eye the re capitalization of this company happened about a year ago, now we have had 2 solid quarters of revenues and that mean a great deal when the company never had revenues in the past. 500k to over 700k that a huge quarter or growth and the 3 quarter will be larger. Any company is only required to in form investors 4 times a year. Mr Klug always updates us when a change occurs. So based on the last PR's what's is going on. Ecogen deal if it's not announced he is working on it, mint deal if it not announced he is working on it. Lawsuits if there not announced he is working on it. I do not expect Mr Klug to baby sit me. He is an investor, we are investors. I am not going anywhere.
RedHawk building our future today.
I am still right. It will happen. Idng is a powerhouse in the making. Watch the money and products grow. Watch the shifts in market shares that happen. The by product of these things are revenues. As we all know revenues are growing. It's happening right before your eyes.
It means that Mr Klug continues to build our future today. How much revenue do you think a company has make to start to move up in PPS.
Revenues and ecogen products are not just paper. This is was success looks like when you start from the ground up. 1st quarter 500k in revenues 2nd quarter 750k in revenues 3rd quarter 2 million plus. Now add increased stakes in ecogen with new products coming on line each quarter. Now add the mint deal and Mr Klug expect financial skills, that equals equity and money in the bank for RedHawk. You can find all this info by just doing a little DD. The paperwork that is being filed is a paper trail. You just need to follow that trail and you will find the money. But soon enough Mr Klug will show you the money.
RedHawk building our future today!
10q due may 15. Those are the only know or expected info releases. I expect to see a lot of info on that 10q. Info to look for in 10q higher revenues, ecogen deal info and mint deal info. We should also see some updates on the schrieber suit. While people are upset with Mr Klug for no reason he continues to work for the interests of the company and its investors. No worries here.
RedHawk building our future today!
He has never kept us in the dark, we all know what the company. No company is going to baby sit its investors. As soon as he has news investors are the first to know. No company is going to give out every little detail. The info he provided is in great detail and a man of his word does what he says he is going to do. Mr Klug is a man of his word, he has no control over timing.
RedHawk building our future today
You will hate you sold later
I think schrieber will not fight back, because a loss of this magnitude would ban him from ever trading stock of having a public company again. I think schrieber will not answer the summons a let default judgement happen because that no admission of guild. He can just say he did not have money to fight this case and it's all over and it still just another allegation.
SEC Rule 10b-5, codified at 17 C.F.R. 240.10b-5, is one of the most important rules targeting securities fraud promulgated by the U.S. Securities and Exchange Commission, pursuant to its authority granted under § 10(b) of the Securities Exchange Act of 1934.[1] The rule prohibits any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security. The issue of insider trading is given further definition in SEC Rule 10b5-1.
YOUNGSVILLE, La., Jan. 31, 2017 (GLOBE NEWSWIRE) -- RedHawk Holdings Corp. (OTCQB:IDNG) (“RedHawk” or the “Company”) announced today it has joined with Beechwood Properties, LLC (“Beechwood”) in a lawsuit (“Lawsuit”) filed in the United States District Court for the Eastern District of Louisiana (2:17-cv-00819) against Daniel J. Schreiber (“Schreiber”), a former Company executive, and the Schreiber Living Trust dated February 8, 1995 (collectively referred to herein as the “Defendants”). The Lawsuit alleges the Defendants acquired 57,064,608 shares of Company’s common stock through securities fraud under Sections 10B and 20 of the Exchange Act and Rule 10b-5, securities fraud under Sections 18 and 20 of the Exchange Act, fraud under Louisiana state law. Beechwood is suing the Defendants for damages resulting from their breach of contract, unjust enrichment and for Schreiber’s breach of his fiduciary duties to the shareholders of RedHawk. The Lawsuit seeks damages from the Defendants, among other things, the return to the Company of all of the shares of RedHawk Holdings Corp. owned or acquired, now or previously, directly or indirectly, by the Defendants, along with any proceeds from any sales thereof. If successful, the return of the shares to RedHawk would inure to the benefit of all of the shareholders.
Beechwood Properties, LLC is a real estate investment company owned by G. Darcy Klug, the Company’s Chairman of the Board, Chief Financial Officer and majority stockholder.
The Lawsuit alleges, among other things, that Schreiber and Paul A. Rachmuth (“Rachmuth”), fraudulently concealed from the Company and Beechwood, hidden deficiencies in the assets sold to RedHawk by American Medical Distributors, LLC (“AMD”) on March 31, 2014. Schreiber and Rachmuth received 57,064,608 and 19,021,536, respectively, shares of RedHawk common stock and Schreiber was appointed to the Company’s board of directors upon completion of the AMD transaction.
The Lawsuit further details how Schreiber deliberately concealed from RedHawk a 2010 civil injunction, fines and sanctions previously levied upon him by the Securities and Exchange Commission for his 2009 participation in an alleged $10.7 million bribery scheme. The Lawsuit describes how Schreiber also interfered with RedHawk’s ability to conduct routine business as a public company. In a letter dated November 5, 2015 from the Financial Industry Regulatory Authority (“FINRA”), the regulatory agency informed the Company that Schreiber’s material association with RedHawk raised concerns regarding the protection of investors and transparency in the marketplace.
This is what you need to look into, has schrieber responded to the summons? Yes or no. If you can find out that info you will know what I am talking about. I have many friends that are lawyers and I ask them questions like this. I don't even think schrieber is going to fight back IMO. Read the info that is in the PR for the lawsuit. There are legal term that you can look up in a law library and find more answers. My Klug is a fact based person when he files a suit you are already done. You can choose to fight and spend your money but you are going to lose.