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As I read the history, Mike Brown was actually the lowest paid. Everyone else got a pay raise from the ridiculous to the outta site !!!
There were several posters that expounded on the fact that with no income whatsoever they were paying everyone very well, but were not paying the withholding taxes as they came due. The money all came from the sale of stocks and private investment. How many readers on here got screwed so that Chaddie could take vacation after vacation in the Dom Rep with his Russian hooker? I recall lots of regulars saying that Chaddie had earned those vacations by working so hard. Yeah right ... The guy needs a vacation hideaway at the "Grey bar Hotel"! All IMO of course!
First reasonable thing you have said in a long time. My question is why the SEC is allowing stock to be traded in a defunct corporation that the home state (Idaho) has cancelled their corporate registration? Please don't say they know something. All they know is what is posted on the Idaho Sec of State site.
Yuk Yuk Yuk. Dong feng? ROFLMAO! Dong Feng was a lie from day one. HLNT is dead. Idaho dissolved it. It does not exist anymore.
According to Court docs, you got his real name wrong, but close ...
If orange is the new black then the tailgating party must be in the courthouse parking lot. Cheese sandwiches maybe? Chaddie will be one in cheap orange flip flops!
There are those who do nothing but look at the chart. If this was IBM a few years ago, that was a good thing to do, but it is not. To look at the chart and "guess" where the bottom is and wait for it to spring back is just plain stupid when there is no product being sold to support the operation. Unfortunately, you can't fix stupid, no matter how hard you try!
jjj, Maybe I am picking at nits here, but I noticed that at the bottom of Asa's motion to withdraw, he says that he served a copy on AHS/HTI by mailing it to:
Chad Coats
Highline Technical Innovations, Inc
and Alternative Hydrogen Solutions, LLC
1209 ESI Drive
Springdale, AR 72764
Since they have not been there for a long time, the question that comes to mind is did they not even tell the truth to their lawyer?
That is actually the pretty explainable part ... On the boat there was no control to measure against. The guy just said that he used less on one trip than he did on another trip with the unit. I have been told that there are boat dynometers, but a test on one of those never happened, did it? Someone else posted that a long time ago. I don't know if it is correct but it sounds good to me.
In the process suit, a Motion to Withdraw as Counsel was filed yesterday. Maybe Asa will be the next lawsuit against them for collection of his bill. I do see quite a pattern here of bringing people on board and then screwing them and then being sued by them (Launch it, The copier company, Southern, Process, etc). These guys don't pay anyone for long. Is Chaddie a Nigerian Prince? So where DID all of the money go? From the various sources and sale of stock, it looks like a cool 2,500,000 passed through this outfit in the past two years. That is a lot of money to pass with nothing to show for it except a grey box that no one will buy. And even at that, they do not own the grey box any more. From the Process suit, we learned that all they have is the right to manufacture the grey box. The actual IP was transferred out of the company. Who owns it now? Mr. D? AHS? The man in the moon?
What do you think? It goes hand in hand with that $100,000,000.00 sales figure IMO.
Are the buyers the same people that are going to be donating money to Chaddie to continue on? Is there a shrink involved?
Agreed!
How about this happy horse hockey:
It is clear that in the DOD's dealings, the DOD will be talking to Lindon. Clearly, that is specifically between DOD and Lindon, nothing more. I am quite sure that if anything were to develop from this, Lindon would get a big piece of the pie as commission. That does not in any way mean that the Lindon Group will be the contact between shareholders and the management (Chaddie), who personally promised to make the results, good or bad, to be published for all to see. Since you are in such a "quote" mode, please produce anything that actually says that the Lindon Group will make the results, good or bad, known. As a FACT, the Lindon Group has told me via phone that Chaddie will be the author and publisher of that particular news.
Nah, Chaddie is the person to whom we look to make good on his promise. Personally, I don't see it happening, but I do wonder what is your reason for such zealous defense of the master liar?
How truly non-sequitur! Lindon/AHS did not promise to post the results, good or bad ... Chaddie did. If you are waiting on Lindon/AHS, you will be waiting a looooong time. Heck, if you wait on Chaddie, it looks like hell will freeze over first. I really would like to be able to get a statement from Lindon, but they are the wrong folks to be making the statement!
According to what I was told, the test ended the day it started. The guy that told me that probably should not have, but hey, it happened. I understand why a lot of folks want it to be different, but it is not. The only thing that will solve this debacle is for Chaddie to come out of hiding and tell the truth. I can only guess why he won't do that, but when I was at their office, I was led on too, and I believed too. I don't any more as now I know the truth and it is not what Chaddie ever told any of us.
The closing number may be up 20% from Friday, but the bid/ask have not changed. Find pleasure where you can I suppose.
Do you mean bankrupt as in "unable to pay their bills as they come due"? If so, they got to that point years ago. If you mean file bankruptcy, why would they? The thing is DEAD! Since there is no reorganization at this point, a dissolution would be more proper I think?
Either way, the shareholders are SCREWED!
FYI, his email is "c.coats@hyimpact.com"
ANOTHER WEEK HAS PASSED WITH NO WORD FROM CHADDIE!
And still, people are buying. What is the deal? Could it just be mad money that these folks don't care about on just maybe the chance that something might happen? Kind of like playing the lottery? At least with the lottery there is the possibility of a buck or two ...
There are those that are so invested here that nothing other than success and wealth beyond their dreams is acceptable. While it is difficult for some to believe that Chaddie is a criminal, that is a matter for the courts to decide. But, I can tell you this: The public record supports criminal charges for a variety of things he appears to be guilty of, and not one is that anyone on here lost money but restitution to damaged shareholders may be part of his sentence!
jjj - there is a big difference between the civil action that Process was pushing for deceptive trade practices and the criminal situation where Chaddie was making false and misleading press releases to manipulate stock prices so that certain insiders could trade on the press releases before they were released and then after as well. "Insider Trading" perhaps? Night and day between the two I think. The fact that the Process claims no longer exist is irrelevant to the criminal situation, which is a matter for the government to investigate, don't you think?
Perry Mason defended. He did not prosecute. Looks like Chaddie will need Perry to defend him since Perry never lost a case. I personally could care less and it is not the SEC that will be investigating, it will be the FBI. Haven't they stopped by your place yet? Maybe that is why Chaddie is so silent. Perhaps the FBI did pay him a visit already?
To clear the air here, the complaint will not be that I or anyone else lost money. It will be that certain persons coordinated their buys and sales with certain press releases that were misleading and were intended to manipulate the share price. I know that I am not on the list of insider traders, but I have a good idea who some of them are from court documents in the public record!
Exactly my point! After reading, I think that there is more than enough to go after here. The fact that nothing has yet happened does not mean much IMO. It could be that the FINRA/SEC/FBI is letting it play out to see if there really is a marketable product. Consider --- If there is a product then it could just be incompetent management and while not good, it is not particularly criminal. But, if it is a total failure like it looks now, then as a scam from the beginning plus the insider trading, heads will roll.
On the Coats part of the Process claim - dismissed WITHOUT prejudice. I believe that means that the claim may be refiled at any time does it not?
jjj ... I followed the instructions and got an account with the court. I have read all of the things there, and I see where a Motion to dismiss against Coats was filed and a response, but what I do not see is an order dismissing him. Can you tell me what date was the order so I can go back and look at it?
Refer back to the movie "The Sting". The thing about the big sting is that the "Mark" does not know he has been stung until it is all over. Here, we shareholders are the "Mark" and this sting was orchestrated so that Chad Coats and/or his buddies were able to fleece the company, the shareholders, and the market in general through the insider trading of stock IMO. To me that is just WRONG!
At the risk of being zapped, ridiculous answers like that do not accomplish anything. The evidence we can see so far indicates that Coats may be heading to real legal trouble here. I think that either he comes forward and fesses up or a group of shareholders breaks it off in him. Choice is his, but the lies and misrepresentations have gotten this where it is. That is Chaddie's fault and he cannot avoid it no matter who ever else he blames. I don't believe for a minute that you really think that there are positive results coming on a test that ended as soon as it started.
The more that the records in the public records are looked at, the more it appears that the shareholders have been lied to and, yes, SCAMMED. Still, Coats is silent. His promises of results, good or bad, were more misleading lies. My question is whether he is just incompetent or if he knows he screwed up and may be looking for the FBI/SEC to be coming around the corner.
Either way, I think that we need a shareholder group to look at and consider what legal actions can be taken and against whom. As I told everyone some time ago, I have satisfied myself that the tests were a failure. Someone told me that was illegal. WRONG! Getting information is not illegal while trading on it may be. In any event, where is Chaddie and when is he going to grow a pair and start telling the accurate and complete truth?
I bet that when he finally does, it will be Aberdeen's fault for some obscure reason. Seems to be his pattern.