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Patience is a Virtue
Opportunity struck:
10/13/20 13:19PM EDT
Buy 19800 AVNI Executed @ $0.09
64,350 shares owned now. If anybody wants water here in the future, you need to see me. And you better approach with the proper attitude. That is heavily influential on what price you'll pay.
KERN approaching a 52-week low.
We'll see about that, KMP. Too early to know. KERN keeps dropping, and that's only just. I still say by next year they should be less than 40 cents when all shares come to market.
The gap has narrowed. They are at $58M and we are at $12M market cap. They should not be able to just buy companies with no consequences. Nothing works to textbook. The only reason they should be more worth more than HLIX is if HLIX keeps dilluting itself. Which is self-inflicted suicide for no logical reason other than fiefdom building. I hope these reckless acquisitions end. Nothing has been accretive for shareholders, only for the company.
It's all up to HLIX. Do they want to do what's right? The hard path. Or do they want to milk investors and send the wrong optics? It's all in their own hands as to who they want to be.
RAVE - 2 Good Brands
I made good profit here and hold 2,000 shares free now. I love this company because of Brandon Salano. Very strong brands in Pizza Inn and Pie 5. I don't understand why over 65 millions shares traded today but I'm not complaining. Good be that frenzy feeds on frenzy. Maybe because the two new hires signal expansion plans rather than mere survival. The company broke even for the year despite the huge revenue decline. The $4m loss is a tax adjustment, not a cash loss.
I actually like NROM more. It's a pizza company too - Noble Roman's. It has the same yearly sales. Also franchised, but they ahve 6 company owned stores. Both NROM and RAVE were at 51 cents yesterday. NROM is still there, thinly traded, and it's market cap today is the same as RAVE's was yesterday. Same sales almost.
I think the Pizza Inn brand is much more recognizable. But I think is a great deal for anyone that think they missed RAVE.
Interesting, Rich:
From your same filing:
https://www.otcmarkets.com/filing/html?id=13792212&guid=Ht4jUaeVnmZFQ3h
Since March 2018, Ms. Chang has been the president of Anfast Energy, an entity that is developing electric vehicles...
In December 2018, Mr. Glass sold 60 million shares of common stock, representing all of the shares he owned in the Company, and equal to 56.83% of the total number of outstanding shares of the Company’s common stock, to Chang Qi. Concurrent with the sale of his shares, Mr. Glass appointed Ms. Chang as the President and as a director of the Company and resigned from all positions he held with the Company.
That's only two years ago. 8 months later, she buys control of this shell. Since nothing can be found online about Anfast, it's probably just a startup somewhere. This could be the answer right in front of our eyes. Possibly.
That's happening at the same time we are taking these time-stamped seismic readings as shown here by one of my ancestors:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145041693
But our readings are taking place in November, where we concluded a sale to a Chang Qi. That narrows the window to just 7 months later when this shell was officially bought on paper -- 7 months from the time she is President of Anfast, an alleged electric car company, to the time a deal is officially consummated to take over this shell.
2 years prior to that in 2016, Glass bought those same shares for $60,000. So he made a $30k profit from that transaction. And perhaps more in trades last year. Maybe, maybe not...
According to this filing, "Ms. Chang became acquainted with Mr. Glass through a mutual associate and they subsequently negotiated a deal for his control bloc of shares in the Company."
Source: https://www.otcmarkets.com/filing/html?id=13907538&guid=BfW6UppUa58RYth
I'm leaning to this *theory* now. An electric car company. Probably nothing rolling off any lots yet or there would be some footprint somewhere it seems.
Anfast Energy
Have you seen this, Rich?
"Since March 2018, Ms. Chang has been the president of Anfast Energy, an entity that is developing electric vehicles."
https://www.otcmarkets.com/filing/html?id=13907538&guid=QJW6UHcQEEagYyh
It's on page 24. I really haven't been paying attention much to what's going on here. I don't recall ever seeing that. Maybe this will be electric cars? I can't find anything on Anfast Energy.
In that same filing, it reveals she paid Bryan Glass $90,000 for all 60 million of his shares, taking over this shell. That's new information to me too. I like people with skin in the game. I don't know if she was selling or not. I prefer stocks that never went up, but looks like there is still a plan here. That address on the profile still goes to that building with Asian businesses in it.
Although, there is this:
https://www.blackbulle.com/single-post/2018/05/04/Liaoning-China-Fact-Finding-Car-Manufacturing-Plants
Liaoning (China), May 4, 2018: Blackbull Equities announced today that it has been visiting multiple electric car manufacturing plants in the Liaoning province in China. During this fact-finding trip Blackbull Equities met with key representatives of BMW, Anfast New Energy Automobile Company..
It is electric cars. I don't know if that's the same Anfast, but it is in China. It's not exactly the same name. I can't find anything else on that either.
I wouldn't mind them making a lot of noise about taking on Elon Musk. I wouldn't believe it, but it makes a good story. Bury Tesla can be their slogan.
I stand corrected:
10/01/20 15:50PM EDT Buy 2082 EVCC Executed @ $0.025
10/01/20 14:55PM EDT Buy 27918 EVCC Executed @ $0.025
I have officially 59,716 shares here. MY WHOLE ORDER executed.
Everytime I reboot my computer, the time resets to Eastern time and throws me off every single time. I thought the markets closed and my order never filled. But it did.
I have an extra hour left, rushing for no reason.
Consider it a hard lesson, Rich. Always good to take some chips off the table. Nothing has emerged yet so that's a good thing. I just hope the next filing sheds light on what the true OS is. You have to watch your back in this neck of the woods. Trust nobody. Get them before they get you.
That was me making noise today.
In the post I'm responding to, I said, "I'm from the past. I made very good profit here. I'm back with a much smaller position. I also have a 100,000-share order in at .025. It may never hit"
The order since expired since the time I wrote that. But since the ask was on .03 today, I put a 30,000-share order in today at .025 again. Most but not all got filled:
10/01/20 14:55PM EDT Buy 27918 EVCC Executed @ $0.025
So I have 57,634 shares now with a little over 2,000 shares still pending on an GTC order.
I don't know about that low share count. The transfer agent keeps updating the share count, and it never reflects what was on that last filing. Who do we believe? I don't know.
All I know is some person(s) are trying to emerge.
I think Steve Janjic might be mentally challenged and/or mentally ill, Global. He doesn't inspire confidence in me.
Like, go to his FB page today. He made another false claim. He has accused Hunter Biden of being involved in "prostitution or human trafficking rings." I stopped as soon as I got to his "evidence," which was a link to the NY Post.
He must think the NY Post is the NY Times. The NY Post is a tabloid paper, which means it's junk. And it was bought by Robert Murdoch, the majority owner of Faux News. If there was any shred of evidence to that, you would see it all over the place in credible news sources. But instead, you have the sound of crickets everywhere.
This is a guy that obviously needs Carl Sagan's Baloney Detection Kit. I thought it was just for some of our shareholders, but this guy might think the moon is made of cheese. And he's our board member. I'm losing faith in the "leadership" here. How is he going to make informed decisions? What does that say about his fact gathering abilities? And we are supposed to be about data intelligence? At least Toler is heading that part up, but still. This is someone that I don't want as a "leader." I sure wouldn't follow him.
I want real Fox news. As in Vincente Fox to bring some balance to this board. Or I fear HLIX is doomed. I think they are going to deliver a good quarter too, but with so much dilutoin, it doesn't matter. As soon Janjic arrived, the place when to #$#@%.
6,000 Shares Total
09/22/20 10:18AM EDT Buy 1000 KHRNF Executed @ $0.3781
09/22/20 10:18AM EDT Buy 2000 KHRNF Executed @ $0.38
Avg. Cost = .43
Good endorsement today.
And I have you down for 10,000 shares where you said you went long. The only time-stamped position you ever gave on the record. Although, you nver said how many shares, so I gave you 10,000.
So, that's what you own. Anything else from you is hearsay. That's how you chose to be, own it.
I'm of the opinion that poetic justice would be at .01 for Toler and Janjic. Then they can do some soul searching on who their "friends" were. And, it would be good for you too. It's the real shareholdres I'm fighting for. Not for you. I have sacrificed myself and my 40,000 shares. I don't care what happens to me one way or the other.
09/15/20 13:18PM EDT Buy 1000 KHRNF Executed @ $0.3751
Ted has been leading y'all estray for years.
As of today, 3,000 shares here at avg. .49 per share.
That's another foot in the door. On day, I think you guys can be something. It's still very expensive. You can get a nice pizza chain for 10% of the cost here. But at least it's interesting.
If I had 3,000 shares at $2.00, I don't think that's a very good price.
20M Share Cancellation Proposal
Since Scott Orgur arranged for the toxic financing we see happening today, I think he should cancel his own shares. Just from an ethical stance. Whether it was intentional or not, is irrelevant. It's spilled milk, and it's worth crying about. He should clean it up.
All insiders should step forward and cancel an accumulated 20 million of their own shares. That would the ethical thing to do as I see things. I've actually seen it done before. I've seen it done by both men of character and con men. By both. It's good physics. What's going to be left for Janjic and Toler?
A convertible comes up due in a few days if memory serves correct. The last one officially due this year, but we obviously have anotherh leak somewhere as well. So, the dilution hasn't stopped.
Personally, if it were me, I'd mop the floor up with Ogur and Zac. That's where the buck stops.
Clean this mess up! You messed it up. FIX IT!
Interesting Ad Banner Observation:
There is a large ad banner of HLIX in this forum's circulation -- Investorshub itself. You may see it pop on this board as you are looking. If not, I snipped it and posted it on the board above for all to see. Just for now. I'll remove it eventually.
Pretty interesting. Clicking the banner brought me here:
https://helixtechnologies.com/
Therefore, I linked the snipped (cut & paste) banner I put on the profile to the same place the real ad took me to if you click on it. But, no, this is not paid-for ad that HLIX put on the HLIX board. This is just a snippet I made of a real ad circulating in Investorshub, linking it to the same path the real ad took me to.
I like what HLIX does. I hate the dilution. If they would get serious about building shareholder wealth and not fiefdom building, it could be beneficial for all. Reminds me of the '70s show CHiPs. Eric Estrada could have been so much. Foreigner, given a chance. But his big head and ego crashed the entire project, and he got kicked out of the good graces of those that made him. Same with Mickey Rourke. I mean, WTF?
Just stop focusing on yourselves and start focusing on your shareholders. Your fans. Make them great,and your team, and they will in turn make you great. Make it all about you, and you'll be out on the street and wish you had just been humbled earlier when you look back at what you could have had one day.
Purpose: To examine truth claims through the light of sound epistemology.
Oh, thanks. Now I understand, SirScam. I hope you get lucky on a recovery, but it would just have to be a bounce I think.
I don't care what they say about that share buyback business. Nothing will ever happen in my opinion. I would not feel good here.
If you want some good penny stocks, I know some real good ones. Real companies. I can't guarantee anything. But these 3 are real. Solid, companies, low share count. These 3 are micro caps and have great potential. If they fail, it won't be because you got hoodwinked or because of shareholder dilution or anything unethical.
NROM - Noble Roman's Pizza. $9M market cap. 40 cents.
RAVE - The Pizza Inn chain. Has Pie5 franchise too. 40 cents and less than $8M market cap. Dependent on Brandon Solano turning the company around. From legitimate companies such as Dominoes and Pei Wei.
IVFH - $12M market cap. 39 cents. Gourmet food in a pandemic. Wholesale supplier and online retail.
Penny stocks are fun. But no matter what happens with those 3, you never have to worry about watching your back. You just have worry about business. I like all 3 and have all 3 of them. And it's possible a reverse split could be in the cards for RAVE or IVFH. It's on the table for IVFH but not RAVE. But either one could happen just to remain compliant on the higher stock exchanges they are on. But it wouldn't change the value of the company. It just might not be want you want psychologically from a penny stock.
But NROM in no way has that in its future. But those markets caps (the price of the company - OS times share price) are all really low and either equal to their annual sales or less than their annual sales -- the p/s metric. Which is really cheap to me. And I like cheap.
Yes, just as the FORM 4's clearly show on display here under the stock quote. I just finished telling you: Wear it with pride if that's the message.
The stock is at ten cents now. Below one of the new fixed convertibles.. I don't see anything they fixed.
I'm ready to see it go down to 1 cent. Burn everybody. How do you feel about that? I'm feeling good about it myself. I don't think anybody should make any money except toxic converts. They should be rewarded for the CFO's negligence. That would be poetic punishment for all parties.
Fix it or die. I've got several lives. This one is expendable. Hope you feel the same.
Thanks for the leads, SirScam. What does Mark #5 mean?
I've been busy. If you see his involvement in a another empty shell, that's what I really wanted to see. Not necessarily something he may be involved in . Just a clean shell before he starts his fleecing operation.
I say, if you can't beat them. Ride on their coattails as they slaughter their flock. And then ask those sheep, what did you learn? Go vote correctly next time.
The CFO is Scott Ogur.
So, please do tell us about your alleged conversation with Scott Ogur. I hope this isn't another story like your alleged meeting with your "friend" that later turned to be just you, in some *alleged" meeting with no corroboration.
What is your hearsay story for the record? If you say, you aren't talking, then shut up! Don't talk and then say you don't want to talk. And please, talk in complete sentences this time. And no pronouns, please. And verbs! Use verbs!
Although, Emerald, to be clear, I originally changed the "buyer beware" sign to yellow because at first, I thought it was an extra 200,000 unexplained shares added. I considered that a yellow alert.
But when I realized my decimal was off, it became a red alert. That's a $2M jump. It's not even steady increase. It's doubling with each update so far. As those updates come in, that data set gets larger.
Now, if i see it happen again, and if doubles, I probably will change to skull and crossbones. I'll still have to go look for dirt on some off time later, which I haven't been able to find. They are squeaky clean, but serving @#$#@. Something is amiss. And I hope it's the patter emerging that's amiss. Next data point is going to be that much more data.
Filings Fixed.
Sshhhhh. Don't talk, Whatsup. The less you talk, the more intelligent you sound. There is no stock promotion connection to your S-8. You have conspiracies; I have facts. Just let me do the talking and you go sit back down at your table.
I just arranged to have HLIX's filings posted under our sticker symbol on this board. It should be nothing but Form 4's, which is an eyesore. Which, I'm not particularly concerned about. It's the dilution I'm concerned about. But if they want ugly optics, let them wear it with pride.
Personally, I'd prefer substance. But if that's the message they want to send, wear it.
Some retrospect.
But first, Emerald, thanks for your input. My "buyer beware" is not a skull and crossbones. It's just, beware. I have juxtaposed it on good financials for balance. I don't like the trend and I'm concerned.
I've been happy today with LUB. That's an example of a "toxic" company that doesn't dilute. In the post I'm reponding to, I said this:
Luby's doesn't really count at .65, even though I have 12,000 shares there. They are there cause of CV19. They are a victim of circumstance. So they are my 5th penny that is a penny but isn't. Kinda like Vincente Fox. He is but he isn't. If you understand Fox, you can understand Luby's.
Boom. Mr. Market faces reality again:
https://seekingalpha.com/instablog/173382-mark-krieger/5495025-lubys-skyrockets-much-to-come
And today, the stock is up at $2.12 with over 160 million shares traded. And the reason is because they DON'T DILLUTE. They are liquidating, and they are going pay out to shareholders. Expected to be anywhere from $3 to $4 per share, unless a buyer comes with a better offer. Now, if they had been slicing me down all that time, I might have gone from .65 cents to 6 cents on the same news. Luby's bought Fuddruckers, and they've struggled. But at no time evver did they find the need to dilute shareholders. So, I don't want excuses. I just want results. I won't be selling a single share there until the final conclusion. Those 12,000 shares that were worth $7,000 or so at the time of this time-stamped post are now worth over $24,000. And I expect $36,000 when it's over at minimum. I can trust them. It may take one or two years, but I can trust them.
Just like our insiders, those insiders are heavily invested. They don't have anti-dillutive clauses. Well, they do have a poison pill, but that's a defensive maneuver. And they don't them dillute themselves, and they don't dillute others. Although, that would have been an easy way to navigate their woes. That's a harder business over there. Razor thin margins. But over here, BUYER BEWARE. I can't be sure there isn't shennannigans going on over here. They sidestep the questions, which is a valid concern. Like politicians. And cherry pickign data. That's not how you earn trust. Just speak the truth! Get up there on a reputable news station like CNBC and SPEAK THE TRUTH and don't avoid questions.
Now, I've vented. That's why I'm going to sell half my HLIX for free shares if all goes as planned because I can't trust. I can trust Luby's. I cant trust HLIX. Just do the right thing in life. This whole industry is crawling with shady characters over here it seems. Everybody out for themselves. A bunch of jack #$@es falling over themselves, trying to get to the exit door first. Maybe a lot of them came from frontier markets where that is proper etiquette. I don't know. Just serve your shareholders.
The BOD at Luby's got frustrated to the point where they said enough is enough. Tired of waiting. They had an activist investor. An attempted coup d' etat. I don't want people to get too confortable and forget who they serve in this world. Because if you are serving yourself, you're in the wrong business. Adn you don't deserve my respect or patronage. I guess in short, it comes down to corporate GOVERNANCE. That's what's lacking. Have a BOD, one of them is on the fringe. The other, lost in Mexico somewhere. He is but he isn't. One of them dealing out toxic financing for growth. I mean, #$#@. Get your act together, Helix!
Just show me the money. And all will be good.
More Dilution: Dated 9-2-20
Outstanding Shares
118,306,140
09/02/2020
In the post I'm referring to, it said:
Outstanding Shares
116,073,931
08/11/2020
Over 2 million extra shares within 3 weeks. The rate of increase is going up dramatically. This is now a RED ALERT SITUATION. So far, this is looking like an exponential increase in the ongoing pattern of dilution.
In just 2 months, we've seen incremental increases in the OS of 500,000, then 1,000,000, and now 2,000,000. A total of 3.5 million shares swindled from shareholders with no explanation. Certainly not highlighted in the "highlighted financials."
Source: https://www.otcmarkets.com/stock/HLIX/security
This is paid for by YOU, the potential buyer. Tread with caution. This is called debasement of shareholder value.
DO NOT BUY HERE. This could be fraud. I'm going to stick it out and see Toler and Janjic buried and how the cards fall. But I wouldn't recomment anyone buy here unless they are okay with theft by dilution. That's how I'm reading the situation.
My Open Letter to KERN Shareholders:
Assume the position, KERN faithful! While your queen was selling $1M worth of stock at $10M, things seem to have been not so rosy on the inside looking out. But fear not! You can always buy HLIX, your direct competitor. Much cheaper stock with BioTrack, which competes head to head with MJ Freeway. Much better margins at HLIX and they have just recently finished integrating their acquisitions and sold their Security guard business.
Allow me to present Pence's Resignation Letter, if I may:
https://johnprentice.ca/ample/
I am immensely disappointed today to announce my resignation from Ample Organics. For each of you who were part of this wonderful and life-changing journey over the past six years, please accept my most sincere thanks. I appreciate you more than you know.
We sold Ample to Akerna last year because we fell for the same promise Akerna made to stockholders when announcing the acquisition. CEO Jessica Billingsley promised that they had a "vision to create the preeminent global (cannabis) technology platform, addressing the entire supply chain and its regulatory bodies through accountability and transparency."
As all too often happens with companies like Akerna, it never had the vision or executive leadership to deliver on this promise, or many others. After deep reflection on the cannabis industry's evolution, and the type of commitment to planning and execution required to lead that evolution, I came to believe that Akerna's executive leadership is incapable of taking us there successfully.
I will have more to say in coming days and months, but suffice to say that I believe Akerna's current leadership is unlikely to make it a preeminent leader of anything. Except, possibly, serial layoffs, customer and revenue churn and dilutive deals that are bad for investors -- all of which are currently happening there.
Software-as-a-Service (SaaS) companies enjoy an exalted spot in our economy because of their business model simplicity and the value of their recurring revenue streams. When you have successfully acquired a significant customer base, as Akerna has, your job is to faithfully safeguard your investors' money and make it grow by continuing to deliver products and services customers want, engaging those customers, delighting them, and repeating. But when you call yourself a SaaS company to get that elevated valuation then turn around and disappoint customers, fail to capture acquisition synergies, or even to manage the company like a SaaS company, it is wrong. You can see for yourselves. I challenge anyone to look at Akerna's quarterly or annual reports and find even one instance where they explain to investors that they understand, manage or report on generally-accepted SaaS metrics like churn, LTV, CAC, CAC:LTV ratio and the like. You won't find it because they don't do it.
Failures like this begin at the top. Akerna has some great employees, it has awesome customers, and, with the right leadership, has massive potential. Unfortunately, I do not believe its current executive leadership has any likelihood of nurturing those employees, effectively serving those customers or capturing much of that potential.
After our transaction, each time I raised these issues internally I was rebuffed, and as a part of my final conversation with Jessica Billingsley, I politely requested that she do the right thing and resign her position as CEO. I asked that a rigorous search be started to find a candidate with the requisite experience and skills to lead this company forward and to correct a decade of bad decisions. She declined to do so.
While I may have resigned, I have not given up on my belief in Ample Organics and the potential of Akerna, and I intend to use every resource available to me to make sure that potential is realized.
Sincerely,
John X. Prentice
Akerna's Problems come to Surface
I knew she was maniulative. The queen of Carthage. Today, the gap has narrowed. HLIX's surface market cap is now $14M. Although, the integrity of that number is highly questionable with the runaway dilution going on. And we have a higher market cap today with a lower price because of dilution. Pardon me if I'm a little pissed.
KERN's market cap has dropped to a surface reading of $68M. They are coming close to their 52 week low, as they closed at $4.88 today. Actually, I'm not even sure they've been trading a full 52 weeks yet. Seems, things are not as rosy as Jessica likes to paint them.
https://www.newcannabisventures.com/ample-organics-founder-departs-akerna-shortly-after-acquisition-closes/
They have a revolving door too it appears. Founders sell, then sell out. Not a very inspirational group of leaders in the industry. This one is bad mouthing Jessica in public, however:
Prentice, who founded Ample Organics in 2014, announced his resignation in a public statement, making it clear that he had become disillusioned with senior management’s execution and abilities, suggesting that CEO Jessica Billingsley resign:
Remember, this #@%Ch sold shares worth $1M at $10.00. On a shady SPAC with low float because of restricted shares. Holding people hostage as she sells. Unlike our fearless leaders that trample over themselves as they rush to the exit.
Akerna (NASDAQ: KERN), parent of MJ Freeway, less than two months after his company was acquired in a deal that was originally announced in December. The acquisition, valued at up to C$60 million (US$45 million at the time it was announced), consisted of mainly stock, with a small amount of cash at closing as well as an earn-out to be paid in stock contingent upon certain revenue targets being achieved.
And you know it wasn't worth $60M. This article was written by the confused analyst, Alan himself. And all those restricted shares used to purchase this company are being held hostage as the company says, "Acquisitions can be tricky when merging two sets of teams, technologies, and culture." That would be the indigestion I was hoping for as I said it's hard to integrate. Most companies find themselves with a bad case of indigestion. Especially if it's a minnow swallowing a whale.
As I said before, by Summer of 2021, I think the market caps will converge. That could happen a number of ways, but I definitely would not be surprised see KERN coming down to these levels. Although, with our runaway dilution, if the trend continues, we may be priced even more expensively than KERN but at at one cent. Which would be a self-defeating purpose in life. Just based on sheer share count alone. Which would be the way James Tilton likes to run his fake companies. This one is a real company, so I hope that's not the path forward. If so, Janjic and Garvis can eat crow and rightly so.
Pence's Resignation Letter in His Own Words:
https://johnprentice.ca/ample/
I am immensely disappointed today to announce my resignation from Ample Organics. For each of you who were part of this wonderful and life-changing journey over the past six years, please accept my most sincere thanks. I appreciate you more than you know.
We sold Ample to Akerna last year because we fell for the same promise Akerna made to stockholders when announcing the acquisition. CEO Jessica Billingsley promised that they had a "vision to create the preeminent global (cannabis) technology platform, addressing the entire supply chain and its regulatory bodies through accountability and transparency."
As all too often happens with companies like Akerna, it never had the vision or executive leadership to deliver on this promise, or many others. After deep reflection on the cannabis industry's evolution, and the type of commitment to planning and execution required to lead that evolution, I came to believe that Akerna's executive leadership is incapable of taking us there successfully.
I will have more to say in coming days and months, but suffice to say that I believe Akerna's current leadership is unlikely to make it a preeminent leader of anything. Except, possibly, serial layoffs, customer and revenue churn and dilutive deals that are bad for investors -- all of which are currently happening there.
Software-as-a-Service (SaaS) companies enjoy an exalted spot in our economy because of their business model simplicity and the value of their recurring revenue streams. When you have successfully acquired a significant customer base, as Akerna has, your job is to faithfully safeguard your investors' money and make it grow by continuing to deliver products and services customers want, engaging those customers, delighting them, and repeating. But when you call yourself a SaaS company to get that elevated valuation then turn around and disappoint customers, fail to capture acquisition synergies, or even to manage the company like a SaaS company, it is wrong. You can see for yourselves. I challenge anyone to look at Akerna's quarterly or annual reports and find even one instance where they explain to investors that they understand, manage or report on generally-accepted SaaS metrics like churn, LTV, CAC, CAC:LTV ratio and the like. You won't find it because they don't do it.
Failures like this begin at the top. Akerna has some great employees, it has awesome customers, and, with the right leadership, has massive potential. Unfortunately, I do not believe its current executive leadership has any likelihood of nurturing those employees, effectively serving those customers or capturing much of that potential.
After our transaction, each time I raised these issues internally I was rebuffed, and as a part of my final conversation with Jessica Billingsley, I politely requested that she do the right thing and resign her position as CEO. I asked that a rigorous search be started to find a candidate with the requisite experience and skills to lead this company forward and to correct a decade of bad decisions. She declined to do so.
While I may have resigned, I have not given up on my belief in Ample Organics and the potential of Akerna, and I intend to use every resource available to me to make sure that potential is realized.
Sincerely,
John X. Prentice
Thanks for taking me to this post, SirScammed.
This is a perfect cliff notes of what happened here that I wanted.
You said, "So he blames the Chinese government when he lost it..."
Of course! As I said, it's always your fault! They take you right down that long hall. Then, they shift the blame. On you! That is the how all pathological liars work. That is a commonality. There is always or usually an element of truth to everything . Like, it is true that there are some legitimate companies that were confiscated by the Chinese govt.
So he was promising comliance in "30 days" back in 2017. Some posters here, I see, saying it's still coming "next week." That's they do. They string you along. It seems so illogical that they could promise 30 days. Yet, they do. And they just string you along. Typical. Repetitive behavior.
" The Company plans to build a 20,000 square foot cultivation facility Crespo, PA in the next 6 months where medical cannabis has been deemed lawful by both State and Federal authorities.
Of course. Change the business strategy to the next hot thing at the moment. Cannabis. When blockchain is hot, go blockchain. Whatever is shiny and attractive, dangle it and manipulate.
The name of the brewery that will be working with us for your Tiger Hemp Beer is the Mendocino Brewing Company... ...But, oops, a few months later, Mendocino and Saratoga Breweries go out of business due to "financial woes".
Of course. He always has partners. And they NEVER work out. Like all those alleged franchise agreements I told you about GMCH, his coffee deal. In fact, I think even his website for coffee was spun off from his coffee stock GMCH if I recall. How do you spin off a website as a separate business from the business?
It's all just smoke and mirrors. Dangling carrots, and will happen "next week." And tomorrow never comes. And he's still stringing people along. With that same carrot. Years after that "next week" came and went . One more day. One more week. That's actually very true to pathological liars. And they say it so convinceigly. Adn they get angry if you confront them with their lies. They even get emotional and upset and play the victim. Every time. Like, for instance, it was the fault of the Chinese govt. above!
Story after story after story. Baseless, no corroboration, no results, no logic, no nothing. Just carnage whereever they go. The Casey Anthony story.
I just wonder, why hasn't Casey Anthony taken Larry Flynt up on his $1M offer? That's a good deal! See, there is something there that even if they could do some legitimate, it's like, they just can't get themselves to do it.
There is probably abuse of some sort from his childhood. Believe it or not, it's not just about the money to him. He's an insecure person. Somehow, it's all a mask about being something he can't be. Or doesn't believe himself to be. It's a mask of his true self. Not just to you, but to himself. That would be hard to figure out, exactly. But it is also about the money. That is the motive. One, primary motive, anyway. But not the only thing behind the facade.
Here is a perfect example of what is still doing to this day:
I was just reading over some of those old posts from the link I posted:
https://www.siliconinvestor.com/readmsg.aspx?msgid=9961379
From 1999:
To: Zhivago who wrote (1892) 6/4/1999 2:42:00 PM
From: Fran
1894
of 2161
James Tilton and TAP are involved in quite a circle of companies. I own TNRG and am suppose to get a dividend of 1sh of TIPS for every 4 sh of TNRG I own because TIPS is spinning off. Of course everyone is confused as to when the settlement date is. It keeps getting pushed. When I first got into it TIPS was over $2 a share. I could not believe this was possible since TNRG was only about .30 a share. Well I am still pondering what is going on. This is all new to me.
Check out TNRG and then you will even be more confused. It is a mystery.
Of course everyone is confused. Buy a quarter and it will turn into half-dollar. He is the tooth fairy! That's corroborates my spin off story. See how he is spinning things off. Tips was a non-company spun off from another non-company which was spun off from another non-company...
"It keeps getting pushed," he says. Pathological liar. AS I explained, the long hall Casey Anthony took investigators to her alleged workplace. They said, show us. So she showed them. All the way. Until she got to the end of the hall, and then couldn't go down any farther . And said, something. Another lie. Because, it's your fault! Somehow.
This is probably one of his "turnaround" stories from his autobiography. Like the book of Ted Cruz's greatness. Written by Ted Cruz himself.
Well, that's all for me. I don't have time to the write book. Pathological liars do have great memories. And the lies are always convoluted. Always layers upon layers. Like the one you see here as you recount the property that went bankrupt. That would be consistent to his MO.
The stories just go on and on and develop. But could he keep all of them straight if he had to recount them all? I don't think so. Not going back that many years, but it doesn't matter because he just gets slaps on the wrist and just rinses and repeats. I just want to know where he strikes next. That's all I want to know. Please write me email if any of you do come across a new ticker he gets involved with.
:)
I never could find an archive from the Raging Bull site I said used to be a popular board. It is no more. But somewhere, on a server somewhere, I bet all those blogs exist. Long before the days of Seeking Alpha. Back when Yahoo used to be a good stock conversation board.
That's the end for me here. Not much left to see. Same story, just a new retelling of it. Same formula, over and over again. Just wanted to say hi is all, and keep up the good work, board moderators. Take care, best wishes to all!
Some corroborating evidence from the SEC
https://www.sec.gov/litigation/litreleases/lr17036.htm
Well, this wasn't too hard to find. It states, ", China Food and Beverage Company, located in Kew Gardens, New York, and James Tilton, who is the president and a director of China Food residing in Whitestone, New York, finding the defendants had violated the anti-fraud provisions of the federal securities laws by issuing false and misleading press releases during May and June 1999. The Court ordered Verhaak to pay a civil penalty of $15,000 and Tilton to pay a civil penalty of $37,500...."
That corroborates everything I recently said. Fines, schmines! Would a pathological liar even care about a fine? No shame. If the revenue (the fleecing) exceeds the costs (the fines), then who cares is how I see it.
SEC -- evidence. Truth. I would dare Tilton to come down here and dispute anything. I would love for him to dispute anything I have to say.
However, I would prefer to just find his next con and ride on his coattails. He's probably not too hard to follow if I put a little effort into that. Just so many things to see and do.
He would spin off "companies" from his main company. There was a TNRG spun off from something. GMCH was spun off from something if I recall correctly. It's like all rhetorical legalities. He just walked away from everything. That's his MO. Nobody took over. There was nothing to take over. He even had a website for his coffee company. I'm sure it cost him something to pay somebody to do. I think technically you could place a real order as I recall. Some people did. Got it in the mail. He allegedly bought the "Gourmet's Choice Coffee" brand from somewhere. Allegedly. A brand your parents probably heard of as I seem to recall. Although, I'm not sure such a historical company ever existed. Maybe it did. Maybe it didn't.
He may have some ongoing shell called CHIF, but it has never rewarded shareholders. It may exist.
Back in those days, he was not reporting with the SEC as I recall. It was always coming "soon." You really couldn't see the dilution happening so easily as you can now. You didn't have the otc site up the way it is now. They have to work harder for their money these days. This one, you can dilute it to infinity I guess. It looks like BANI with its billions of shares. Same MO there, but different former characters. That decimal place is so many placed to the left that a broker can't even accept it. It would rejecxt the order unless you bring the decimal over 3 places to the right. It becomes infinetesimally too small for the software to handle. LOL
But, yes, he would just vanish into the sunset. If you read that old stock board, which used to be a pretty popular board, you can see an archive of all those thoughts of people that never went away. There was a board called Raging Bull in those days that was much more popular. That board I believe is no more. Or maybe there is an arcchive there too, not sure. If you can find archives of old blogs, which I'm sure exist somewhere, on TNRG and GMCH, you can find all kidns of pie in the sky promises and discussions and dissappointments and same allegatiosn here today when somebody tells the truth. That they must want your shares cheap. Some things never change.
I remember people used to ask, how can one man be CEO of 6 companies at the same time? How can anybody have the time. I think "genius" was probably one of the best bull cases given. And "look at the chart" as "proof" because they always went up. That part of the seduction. Like a Venus fly trap. This is "how McDonalds started." There is nothing I haven't heard.
All of that is the truth. That's why I can say it with impunity. Because one, shareholders have hte right to know. And two, truth is an absolute defense to all libel claims.
He was involved in the Twistee Treat franchise on some other venture if I recall correctly. I think it was legimiately bought somehow, but it was buried and bankrupt as I recall. Or hew as franchising it. I dont remember, but nobody was rewarded. He didn't turn it around. There is a franchisee somewhere that made someting of the brand I think, but he was on his own after the company went bankrupt. It probably is incorporated a success story of Tilton's, but that would not be the truth.
It's a very long and storied history. I could write a book.
I'm sad to say that that doesn't do any good. But it can't do any harm either.
That would just be part of the same repeat story. He already had complaints. Possession is 9/10 of the law. Once he has possession of the money, it becomes like the Bernie Madoff story. Only, this would be a less regulated exchange.
I think you should learn from it and ride on their coattails in the future and become a proponent for regulation. Fleecers hate regulation. But ride their coattails, and teach others in the future that learn the hard way to go out and vote correctly next time. Consider it an expensive lesson learned. But do learn and don't repeat the same mistake again. You can't get blood out of a turnip.
And don't stop talking! You have every right to feel the way you do. I wish you the best.
Personally, I hope to find his next con and ride on his coattails. Because no matter what you say, a sucker is born every minute. And they don't want to hear it. So, it's okay tell them. But just make them pay for their folly. A good punch in the mouth should teach them well. They will dismiss your warnings.
I don't know what he looks like. I remember the lady Zheng, whatever that name was, as an accomplice back then. At least, that's how I remember it. That name sounds very familiar.
I do know of someone that did meet him face to face from a group chat long ago. But that was back from '90s chatroom days, and I didn't actually see him. But somebody did arrange for a live chatroom event with Tilton, from a shareholder that was duped and believed his sincerity, after meeting him in an office. I was present in that chatroom. Long ago. That investor, which I recall as a 19 year old at the time, was very angry after having been "hoodwinked" and felt like betrayed that he helped set up a chatroom to talk to investors, etc. He felt angry and was apologizing to people and said he was duped himself. He said he met the guy and felt much better after meeting him. Which would be exactly what I'd expect anyonen to feel from any meeting after talking with a pathological liar. They are good. Casey Anthony, once again, good example. Jury couldn't convict.
To me, that is only a hearsay picture. The first one I ever saw of him. It could be real, but I'd take it as a grain of salt. I haven't seen it from any credible source as the source of origin.
That was a chatroom for his Gourmet Choice Coffee venture. He even opened up a little coffee house with beautiful pictures of the inside. Somebody went out to see the location and took external pictures. It was obvious why he didn't display those. Talk about an eyesore. He signed up all kinds of franchise agreements. Not one ever opened. GMCH was the sticker symbol.
You can see stock discussions of that ticker symbol going way back to 2003 here:
https://www.siliconinvestor.com/subject.aspx?subjectid=21460
People were still fuming 5 or 6 years later, after the fact. When the fleecers had long ago rode off into the sunset.
I like many things.
Do I like Zac, you ask. Does that mean, do I like him as a brother? As a friend? As a fishing buddy? As a wealth creator? Could you elaborate?
Perhaps a better question would be is do I like the Anti-Zac?
Well, as fate would have it, the Anti-Zac has been found, which I posted today in corroboration of what my ancestor said back in 2017.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158045818
And that post above in turn references this post about JT:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=121258422
JT, being the Anti-Zac, has been found in link 1 above. Up to his same old pony show. And I would love to find JT in his next con. Too bad I found him too late. And I do like JT for what he could provide me. But not as a person.
I do not like him in the same way I like Zac. I even like you in some capacity. You do serve a purpose. In fact, that's why I just restored your post which I deleted. I changed my mind. I like your question. It's just that while your questions are one-dimensional in nature, my questions are far more complex.
That's why I end up talking over you all the time and you just talk past me all the time. And I do like some manifestation of that. I would not like the reverse situation. But do I like you? Well, if I'm forced into a binary answer, it doesn't really shed light on the true nature of my understanding. Binary thinkers don't offer me much in the way of questions.
I hope that answers your question. My answer is not a binary match to your binary question, so I expect that to go over your head as well.
My ancestor actually referenced your Con here in 2017:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=121258422
"It's just unusual and doesn't fit the OTC profile. Unlike a character named James Tilton, for example, who could head up and juggle 6 penny stock companies at once in the '90s with promises of global domination. Always with a long resume that could be only cross referenced with other James Tilton companies, which were all train wrecks. And a man who was a ghost to any outside parties, and one whose long wrap sheet with the SEC came into focus with more internet access in the new millennium."
Just corroboration of my past knowledge of your con. As I said, he's been doing this since the '90s. Pathological liar. I've met a few in my life, and I understand better why they can be so believable even though what they say has no logic. It's because of how convincingly they say it.
Even Casey Anthony in her high profile case led investigators down a long hallway where she "worked," where she didn't admit she made that part up when nobody recognized her. There is no shame. There is no care for consequences, like that long walk Casey took down that hall. They can lie about anything, even though it would seem illogical to do so. Even when proof can come to fruition within a week, they will string you along to that day and make up a new lie. And then try to turn it against you. It will be your fault. Very manipulative. Same pattern in all of them once you recognize the bigger pattern.
His resume lists some fleecing jobs I'm very well aware of. Funny how he mentions them as "turnarounds." There is always a motive to a pathological liar. Unlike a compulsive liar, this one is pathological with a clear motive. What makes the motive elusive is because the actions are so illogical. It's because of projection. It's because you are projecting yourself into his actions. But he has no conscience. He has no shame.
Is that a statement or a question? It sounds like a statement, but you put a question mark at the end. So, are you asking me or telling me?
First, let me address your false premise. Like our Amercanex director, you seem to start with many false premises. One, I don't have any "friends" at Helix. I don't know anybody in the entire state of Colorado. That's one.
So, if it's a question, can you rephrase the question? Objection, form.
Could you elaborate, please?
What is the lie? By whom? Do you have any verbs, pronouns for identification, etc. that you can provide?
Some Bizarre Behavior from HLIX Director
This is a statement one of our director's is proud within the last 24 hours. It's a false statement. When you see things like this, what else are they wrong about? Do they believe the moon is made of cheese?
He states something from QAnon, which Trump re-tweeted in order to cause division. He claims that the CDC claimed that only 6% of all Covid deaths were actually caused by Covid.
Actually, that's not what the CDC released. What the CDC actually released was that on 94% of the death certificates, there was an underlying condition. These underlying conditions were not the cause of the death. Many, in fact, are underlying conditions that people can live for many years with. In fact, 48% of them have obesity has an underlying condition. Which is a direct result of a culture problem spreading across the globe. Many obese people live very long lives. In fact, to be obese according to the body mass index table, most people that don't think of themselves as obese would be obese.
Here is a director that is supposed to be directing us, and he his easily manipulated by misinformation. Which also means he doesn't go to the CDC for his information. He's in an echo chamber of misinformation. Where is Vincente Fox to put him in his place? Did Fox have second thoughts because of the poison within the ranks of HLIX? I don't know.
This claim can't pass fact checkers. Even the President's own tweet was removed by Twitter fact checkers within the last 24 hours.
Why do we have such an ignorant director on our board? What does this say about the future of Helix? How can we trust a director that can't even direct himself to a fact checker? What does that say about his competency to distinguish between fact and fiction? And hence, good decision making?
I'm certain you are right. He's been doing that for a long time. Goes back to the '90s. That's a con man. I'd just like to find out where his next con starts. If you ever do find out, send me an email please.
That was a real announcement. It was verified from Fox's own mouth. So, that hoax position has long been falsified.
You have to stand for truth or you stand for nothing. Now, is Mr. Fox still interested in HLIX at this time? Your guess is as good as mine there.
Hi Lucky,
JT is James Tilton, right? I know his fraud very well. What stock is he on these days that's fresh? I don't want to accuse anyone of being an artist for fleecing shareholders, but, I'd love to know what new venture he is on. Can you help me?
What happened here, if youc an give me a brief synopsis of the carnage that's left behind.
Mystery Solved
I couldn't put my finger on two things. One was the Helix problem. The other, the lady I'm supposed to keep an eye on.
Now I've discovered the real problem. Alcohol. I suspect she was a functioning alcoholic. Her illogical text was drunken state. That would explain her downward job performance. Although, today she is a huge help. But it would explain why her fiance kicked her out, why she's living counch to couch, and why she is broke. With child. She needs this job. But I dont want to support alcoholics, pot heads, or thieves.
Yep, I've seen this behavior before. Shes working at home. She always has tech issues. That nobody else has. Yep, I bet she's drinking on the job.
If she can get help, she can stay. But we'll see how that works out. I don't know what HLIX's issue is yet. I hope it's not the shenannigan experts doing shenenanigans. I really hope that's not the problem. I'd prefer a functional alcoholic.
These are true stories. I really hope HLIX gets its act together this year. that's all I have ot say for now.
Agreed.
It doesn't inspire confidence, does it? Notice who's not selling though. Steven Janjic and Garvis Toler. I'll venture a guess because their hands are tied.
So, keep the bitterness coming. I think Steve and Garvis should only be able to sell below 1 cent. As punishment. And if they continue to dilute, they'll do that to themselves. They should be angry. The only reason they should be happy is if they make me happy.
So, I'm getting a new perspective on life. I want to see them buried, and I'm willing to part with my 40K shares to see that. It would be justice. But they can get angry and reward me, by rewarding themselves. Either way, I like the hand I have here. And I'm going to play it and stay in the game.
But, yes, very bad optics. I don't think you need to respect it. I think you should keep speaking out on that. The good, the bad, and the ugly. You got the bad and the ugly down pat. I'll focus on all 3.
The Form 4's are not what's driving the OS up. They don't bother me in the same way as they bother you because they are part of a finite supply in theory. But dilutino is another issue. That actually changes the valuation of things, and it's a wild card. And it's excessive.
Let's see. $16M shares at 1 cent would be worth $160,000? That would be just and fair retribution for Steven. And what would Garvis Toler be worth? I like it. I think I'll start punching them in the mouth at 3 cent intervals below 10 cents. 100,000 shares each time, IFF it hits those intervals. Because I want to syphon off some of their blood, like a vampire. Not sure where they'll end up, but as long as they bleed at those intervals, I'll feel some satisfaction.
As I said, I don't know if I'm supporting some addictions here. Or if these are going to actually produce something for themselves. But if those 2 are restricted at this time from selling as Zac and Ogur and Mr. H (forget his name int he moment - the original director) keep selling in front of them, let them keep their fake smiles. I'll be right with them. Only, if I ever smile, mine are going to be genuine.