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So you’re saying that march 2025 still isn’t enough time for something to happen? Lol
Maybe not
At least that rules out all of us.
Or maybe not
Unfortunately I can believe that is a real possibility. Sad but true.
The two parties are battling it out so they can pay lawyer’s fees?
Then why are they fighting so hard about the D shares? $2M would barely cover legal fees. It would be far easier for HDVY to file bankruptcy and end the lawsuit. But they’re fighting presumably because there is value somewhere.
New letter from Bill Quirk. He thinks the $2.25M is only a partial payment of the settlement and intended to get HDVY trading again. More to follow after that. Very interesting.
Unless of course they mark shorts as longs. By mistake. But that would never happen. Would it? Oh wait. It’s already happened millions of times.
https://www.sec.gov/news/press-release/2023-192
punters?
I agree Locwolf. It all started with the patent office making a mistake. It got worse over time with one incompetent management after the other.
I could be wrong but I believe that even if the lawyers said they wanted to continue the case because they believed they could win at trial, if the plaintiff says they’re done the case is over. The only thing left would be a class action lawsuit by shareholders but that’s unlikely IMO.
I’m not sure if the decision to settle at such a low amount was more because of the result of discovery or because of recent events and untimely passing of the CEO. If no one at the company wanted to keep pursuing this then they settle for any amount to make it end.
It’s an unfortunate symptom of the justice system. If a defendant has enough money and power they can afford to drag a case out for years. In this case they literally dragged it out until the plaintiff died.
It’s about time. So far it looks like it’s only Dror with a $90k purchase. Hopefully Eyal and others follow soon.
A decade of litigation for $2M? That’s insane.
Kenny not gonna give you the bonus.
Far more than that. Plus concessions.
Uninvestable? I don’t think you meant to use it in that sentence.
Right. Because researching it is so difficult.
You should be.
Yet they agreed to AMC 43%. Try again.
Ruh roh. Shorts are panicking. The billions about to pour in can’t be stopped. Shorts face infinite losses.
Dismissal of the lawsuit is an 8k event for both companies. It’s been ongoing for years and challenged multiple times. And now sudden dismissal is a non event? I’m not buying it.
It’s astonishing when you think about it. The company dismisses a major lawsuit that it’s been pursuing for years and tells the shareholders absolutely nothing. I will not be surprised if some people were paid off or took the money and ran.
How low will it go? At this rate they’ll have to RS again to avoid delisting.
Another option not mentioned is that the majority owners want to get out and looking for a buyer.
Only reason to sell now would be for a tax write off. Otherwise it will probably eventually be delisted. There’s a slim chance someone else buys the shell. There are IRS rules to write off a stock as worthless if it stops trading and you aren’t able to sell it.
Small portion? 43% of tickets and 100% of concessions. And now AMC is the worldwide distributor. Hedgie in full panic mode.
As revenue flows in from eras tour it’s game over for hedgie.
Nobody cares about your opinion. Rut roh!
Hahahahahaha
Looking good.
The only thing left to do might be a class action lawsuit.
It makes you wonder if being on the expert market allows hdc to do practically anything. What if Intel paid the executives some type of settlement that didn’t involve HDVY shareholders? Normally that’s illegal but how does anyone know when the company never files anything?
HDVY has been a story of mismanagement and corporate greed since day 1 unfortunately.
What is BQ saying now? He has been generally positive about the case. Has he changed his tune?
$3.80 per share sounds wonderful
Thanks Locwolf for providing so much info the last several days. It looks like we are finally near the finish line. Hopefully this pays off for shareholders after all this time.
Dividend and squeeze coming. You’ve been warned.
#sorrynotsorry
Keepdreaming
There weren’t any facts in your post.
Sorry not sorry