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Thank you.
Too many lies for too many years.
Promises made and never kept.
Silence for too long.
If the staement is correct, he raised 10 Million over 9 months or so. How much of that was previous investors money he scammed.
No one can convience me Chris Winters is above board.
He lied on share transfers, not once but TWICE!!! He lied on a Web Conference, whether him direct or with his previous partners.
He can not be trusted.
Where is IHSN's facility? Florida / Georgia??? What was the phone number - Florida???
Royal, HSXI, IHSI, now IHSN. Soon you will be SOL like many before you! Keep thinking positive, you are only fooling yourself.
Good Luck everyone. The only one laughing to the bank is the Winters with your money. Hope you can look back in three years and still have the positive attitude towards them. I know he took investors money and ran. A good point was said after my posting - it does not say much his ability to make deals. He was still part of the scam. You can blame Mike but they were still partners in crime. With hope, and I am sorry to everyone investing into this cyclic scam, he loses everything!!
Be-Careful
History seems like it is being repeated.
Purchased 216,500 shares of HSXI (Value - $21,650) - Company had problems and stock was locked from trading by SEC. Owners fault or not, still a problem.
IHSI somehow purchase the company and HSXI stock would be be converted to IHSI Stock at .6 for every one. Never happened. If did, 216,500 turns into 129,900 shares - value $21.99 (again please note this never happended). (see post 2278)
IHSI was then somehow transfered to IHSN stock - reverse split at every (1000) shares of IHSI equals 1 IHSN (again this never happened (see post 2488). This equals 129.9 Shares of IHSN (Value $2.199).
Please note that each of those companies Mr. Winters has ownership in.
HSXI - UPS Store in California - I visited the location
Mr. Winters has not fulfilled his agreement with past share holds so please - No stock conversions, no presale or transfer history provided to HSXI Holders, IHSI Holders and now look what he was going to do to the holders of IHSI with another company.
I repeat my same question - what is he going to do for the people that invested in HSXI? Is he ever going to acknowledge that he scammed people or is this another pryamid to de-value more peoples money over a two or three year period?
How much is the shares of HSXI really worth based on our trust to you three years ago. People - please do a review of Posts 2008 around Feb right through January 2010. I gave up posting because I kept on getting angrier and angrier every time I thought of what he was doing.
Until I get a reply or an answer from Mr. Winters on previous purchased shares and Scottrade acknowledges the stock is worth something (right now they say it is defunked) - he is a crook!
Step up to the plate and tell me why I should believe anything else. I own a business and I would never ever imagine doing what he did to people that trust him. Blood is already boiling just typing this and seeing "Scam" right across the screen!!
This was the case last year also when everything went quite. Need to ask anyone out there - How many of you owned HSXI stock when it was sold changed to IHSI stock which was changed to IHSN Stock. How many of you actual had the transfers done. I have owned this stock for two years atleast and Scottrade trade has not had any notification of the change of symbols or anything.
Is there some share holders (are we share holders or was it totally desolved) that has owned this stock for over two and half years. Was any of the stock as noted been actually changed?
Old time "stock holder"
Scottrade said it is still an active stock but still has the note attached about the SEC. SEC will not comment of course. They also have no formal note about the IHSI and IHSN transfers.
Taking this for a loss. My accountant thinks they are not legit and looking for the next opportunity to take more people for a ride.
Do you hear that - still so quite you can hear a pin drop. Would like to hear somthing from someone from the company.
Because:
Reamed - If you owned hsxi stock and no formal transfer of your shares was turned to IHSI (like all of us), you were reamed!
Steamed - because since the transfer was not formally made you are unsure if you actually have any stock in IHSI.
Dry cleaned - because HSXI stock which was IHSI and is now IHSN stock which you really don't really know if you actually have..... I guess we all were dry cleaned because someone else has the money that was in your pocket.
Example:
100,000 shares of HSXI Stock equals 60,000 IHSI Stock, which would equal 60 shares of IHSN Stock which is worth what right now. Would not be surpised if everyone who owns stock received a check for .025 cents per share. Based on the formula, on 60 shares your investment is worth $1.50. May have cost you .10 when it was HSXI but now worth $1.50. REAMED - CLEANED & DRY CLEANED! Well put. Is my math incorrect?
I am still trying to keep an open mind but still rather tough.
If the reading are what they say they are, I eat my words but hopefully we can get some PR from Mike. My fingers are still crossed.
Is everyone tired of being pulled around by this company yet? Are they even a registered company anymore? I know Mike must read these comments about the company and I have no idea how he can sleep at night scamming so many people. Don't get me wrong, I am probably one of the dumbest of all the people he scammed. It would be great to be able to find out how much money he has scammed everyone over the years between HSXI and IHSI. I'm in for $30K and was just about ready to get out before the ball dropped due to the lack for up front information and due diligence on HSXI part. Not because of the product. Yep, stupid me. But how many of you are still giving this guy money for cream and yet are still complaining about him? Least I am not doing that. Till I hear from him I plan on using alternative methods for my joint pain. How much has anyone seen IHSI's product being promoted? How much has everyone heard from IHSI on the product or your money? Have you received any answers to any questions other than "your order has been processed"? Maybe it is time to look into again the statue for fraud in your state or country? I would really like to see him brought to the United states and face maximum punishment for scamming people and all assets he may own should be liquidate to help payoff what he has scammed. Unfortunately he is in Toronto, Canada under protection of the Canadian Law. Maybe Canada should be liable for his actions as a citizen. This might help deter some of the fraud and false statements. Dreaming now. He is no better than Bernie Madoff but without the exposure -yet!.
Mike, come clean, "Are you in business or not?"
Actually, Mr. Ivezic (showing more respect then he shows us) should be looking for us. As for placing orders and talking to someone, why shouldn't they take the orders. They have product that they can make money off of other people's hard earned money without having to justify anything to us. Think - why does Mr. Ivezic not respond himself and have some person he might be paying from our dollars to take orders. HE DOES NOT WANT TO ADDRESS THE ISSUES!!!
It is a joke to say he is out traveling for capital. Where is the first place to look? If he responded to his shareholders he might not have to look too far. There is money out there for honest, straight forward, legal business looking to create a jobs in the United States and provide a product that people use. I think the only thing out of that last sentence that fits this company is "product that people use". There is nothing straight forward, honest or legal about Mr. Ivezic or his "Scam Businesses". And how much of population is actually knowledgeable of IHSI's product? How many sales orders are taken from Florida, Arizona, or any high retirement State? Those are the numbers I would like to see. How many orders were placed over the last two years? Just give us real numbers backed by certified accounts and tell your "shareholders"
Very discussed with this company and the "Founder". His lack of business ethics, obligations to his business and his investors is just unheard of for any legitment business.
Correction - HSXI
Their location in California when they were hsxi was a PO Box at a UPS Shipping Store. Sorry for the incorrect abbrev.
It appears they not only went off paper but off the map and back in hidding. I think we have a better chance of finding a needle in a haystack then than Mr. Winters. Their location in California when they were ihsx was a PO Box at a UPS Shipping Store. I went to visit them and went around the whole building. Finally asking, they pointed to the PO Box Number. If I had more time, I would have sat there to see who picked up the mail and where they went.
Very troubling and very costly for me as an investor. If I have to look on a bright side of all this, I have a tax write off over the next several years. I still can not believe they are not professional enough to let the people who trusted them with their money know what is happening. They may hold the majority of shares and everyone say's they have more at stake then we the investors do but realize, we have nothing. They have atleast the product patents paid for in part by us the investors!
Has anyone heard any word for the powers to be? Watch your state and any statue of limitations. Think it might be time to discuss taking the original shares of Healthsonix as a loss and see if new shares ever come out of ihsi. No word, no posting and no names of company owners sighted for fraud. Hopefully (but not likely) someone has some word either good or bad.
Glad to see no one from ihsi is getting any word out on anything. Heaven forbid they get too worn out on communiation with us. Might break a nail?
When was Healthsonix founded? How many years have they operated not knowing this? How was the SEC clued? So if I go to buy a company o, which I have, and I don't do my due deligence, it is the sellers fault that I didn't look into the details. Then at that point sell it off on someone else knownly that there is a problem. Does that make Michael Ivezic or anyone from HSXI not shady? On may May 26, 2006, the company adopted the symbol HSXI. What triggered the SEC does anyone know?
Go one step further. Lets assume they didn't know (though I can not do to well assuning this) Now Mike sells the shares (or us) to IHSI. When was Innovative Health Sciences founded?We are told a line of bull and I am suppost to be mad at SEC and the people that sold the shell to Mike? No I am pissed at Mike for scamming us and IHSI for continueing with the scam.
As you, I have quite a few dollars involved. Mad yes, not mad at the the people who sold the shell but how HSXI can sell (transfer our shares) to IHSI with a problem and IHSI dangled carrots infront of many people. All this this time no access or say in what is happening to my money invested. I am real glad your pissed as all of us should be. You can be mad as hell at the SEC but you will get no where. Try focusing that on the Principles of IHSI and HSXI and help get some answers. I know my Attorney is.
HXSI
Ivan X. de Souza, MBA: Chairman of the Board
Michael Ivezic, President and CEO
Larry Phillips, B.Com, Executive Vice President
Dieter Doederlein, BA, MBA: Vice President Corporate Development
Gerry Hruby, BCom: Vice President Marketing
Jocelyn Garrett, Vice President Communications
IHSI (previously Royal Acquisitions and Development, Inc. (RQST - OTCIQ.PK)
Chris Winter, President and CEO of Innovative Health Sciences.
Dieter Doederlein, BA, MBA: Vice President Corporate
Am am sure there are more!
I think we all have the right answers. The pot sure got stirred since the 14th.
Have a great weekend Vulcanized Crawler!
I know you keep an open mind based on being a monitor monitor of this site and you did state that what they did was not right by not keeping us un-informed and mis-informed. Please do not take this as a personal bash. It is being addressed to everyone.
I don't understand why the blame is trying to be diverted to the SEC. If it was a bad Shell than did the SEC do their job by exposing it? Yes! The fact that they put it on Trading Suspension on March 13 is exactly what they should have done.
The person who owns the company and the Managers appointed by the owner are responsible for the company and how it presents themselves to their investors and the public. How many employees do they have? How can anyone honestly say the Principles of the company had no clue that they were not scamming people. They are responsible for all actions of that company.
Investing in Pink Sheet stock should not be less law binding then any other stock. There are less restrictions on disclosure and the risk is higher but the principles and practices should be the same (as I said, should). Just because it is labeled "Pink Sheet" still does not allow company owners the license to steal and mislead just to walk away?
Chain of events that has happened - remember when the last time this stock could actually been able to trade.
1. Operating under a bad Shell - knowingly or unknowingly (they hired the lawyers to look into this). Due diligence not done correctly.
2. SEC suspended trading and exposed this to the public. (SEC did their job - now they know there is a problem)
Remember - from this point, money locked and can't be touched by shareholder.
3. Received a direct e-mail from Healthsonix on March 28th saying shares resumed trading. (resumed but could not execute - they didn't know?)
4. They came out with the public announcement on the sale to Innovate Health Sciences knowing they were under a bad Shell on July 14, 2008. Traded us the shareholders without any knowing until it was done. (shady) and now they did the same thing the "bad lawyers did to them" From this point on, lies begin. Why does a kid lie? To cover something they know or did. You know you are under a improperly formed Shell and looking to off load it and run. Meantime, shareholders still can't get their money out of it. What was IHSI thinking or are they part of the scam.
5. They did not keep the people who own the shares they "Traded to IHSI" informed.
6. They provided misleading and false statements when they did send out info. Nothing was publicly posted on their Website or kept up to date. Did a internet public address which was promised to be available later and was not. Seems the only information available is through this site (both good or bad news).
The worst is - all that time, investors were locked out of trading. Over one year from March 13, 2008 to this moment.
People can continue to purchase the cream. As I see it, if you are an investor in this company, as you reach into your right pocket to take out money to pay for the cream, they are reaching in your other pockets. Pants, vest, shirt and pocketbook. So the new way of doing business is to reward failure and crooks? Feel sorry for them and bail them out and let them do it again.
I hope everyone of the names of the people involve is plastered across the internet worldwide, on every blog, investment research pages, Business Week, Inc etc.....
What are the ages of the owners and principles? If they are collecting anything on retirement or pensions, that should be taken away. Maybe this is their last hooray! Shame there are people like this in the world.
SEC Investor Complaint Form
https://tts.sec.gov/acts-ics/do/complaint
I have been biting my lip from the day the SEC put a "Trading Restriction" on Heathsonix. I have been in contact with Deter a few months back via email and saved all correspondences. Each one seemed more upbeat than the next and his story was very consistent. As I started to generate an outline to post, somehow the details seemed to get posted before I finish. Seemed strange it happened about the same time but not from just one person. Now, e-mails to Deter are undeliverable and kicked back. I have been staying mostly positive throughout this whole mess. I was raised, treat people the way you wish to be treated. This is how I run my life and business. It has worked until now. It is a sorry day when values and ethics are thrown a side and replaced by greed and deception. Why are we sitting back taking it?
As a single investor, each one of us can do nothing except let the system take its course. Look how this is turning out. We sit back and wait-no answers. So we sit back again and wait because they throw a carrot out (July 14th). Again – no answers and no correspondence. Now, no Deter so we sit back again? Is everyone happy with a voice recorder taking cream orders putting more money into the pocket of the people misleading you? The people we sit back and wait for answers from and complain about. Think – they don't give us answers because we let them not give us answers. Who are the dumb ones. WE ARE!
If no word is heard, how long does everyone want to sit back and wait? We should set the deadline and if it comes and goes, we as a group should start taking legal action to all Principles involved. Let them know that we are done sitting. The money I have invested is not chump change and was money made from other investments. If lost, it would not make me lose the farm but if I had it, would make life easier. Never-the-less, any money gained through deceit is stealing.
Making Florida the Corporate Office was a smart move. If set up right, business owners are protect from losing many of their assets if the business fails or one reason or another. One a few States that allows this. So if they own the building in Florida, it would be interesting to see if it is occupied as the “Corporate Office” or is it a front to mislead investors and "Shareholder" like the Office in California (UPS-Store Box). Great to know if any of you are from Florida in the Tampa Area (Palm Harbor). Lets hear pro's and cons. If not, buy your cream, put more money in their pocket and yes, don't forget – sit there and wait for the next carrot. Enough said!
I must agree. Unfortunately, the SEC will put a restriction on the stock and we will be in the same boat we were for the past year. It would be a win - win for IHSI. To operate again without worring about people cashing out. I would not be too unhappy if they proved us all wrong. Something is better than nothing.
Maybe they are just working off the inventory. Seem like the Tub is not available.
Tomorrow is the day of truth. Lets think positive till tomorrow and at the time of the closing bell if nothing happens, all of us should somehow get in touch with each other and see what collectively we can do. Is anyone from the Palm Harbor area in Florida near their Corporate Office?
Maybe they are just working off the inventory. Seem like the Tub is not available.
Tomorrow is the day of truth. Lets think positive till tomorrow and at the time of the closing bell if nothing happens, I am sure there will be a stream of postings. Is anyone from the Palm Harbor area in Florida near their Corporate Office?
Well it has been over a year since most common folks have been able to do anything with their "Stock" from HXSI. When news came out that HSXI was being exchanged with IHSI stock at 1/.6 that was some promising news. Now what? Investors have been in limbo. Limbo is a great game for kids and party adults but when it comes to hard working people being taken for a ride, it is no longer a game. Time to get serious! If the IHSI is serious about being in business and this was not just a way to take the heat off HXSI, then something should be said or published. Either you are in business or your not. Face up to the people who trusted you. You had no problem spending their money to put together a good product. But if you wait too much longer, might as well kiss it good bye. Tax accounts want to know. Investors what to know and I think you have a moral right to be upfront with us, your previous bank. I don't want to hear that the principle put in their money too. I want to hear what is happening to our money and what you plan to do! Hate to keep thinking this was all just a joke to someone and that your Florida "Office" is is just like HXSI previous California Office. A UPS Store (which I visited).
Tick, tick, tick, tick, tick, tick.......
Been so quite that I can here the clock tick. Has been some buying and selling. Tick, tick, tick, tick....
Hope it wasn't one of the principles. I would like more than anything to see it prosper!!
Tanking again. Every one share of HSXI equals .6 of IHSI. Should be one to one based on lack of info. Deter - lost a lot of faith in how you and your management "team" have conducted yourselves. Remember, there are more members to this team then just you!
Sorry for the misleading statement. I should say there was a lot of investors through stock purchases all the way up to the day no was allowed. I have no knowledge that they are sitting on a lot of money. Yes, R&D cost a fortune. But, it would be nice to see some balance sheets and trail balances to see what expenses have occured in a year. Would I open my books to everyone? No, but I am not a public traded company! Like I said, I would like more than anything to see things take off in the positive direction but, track record and communication is not their best asset right now. Losing an investment is a risk you take if you play in the market. If they go out, I lose and everyone else does too. I don't like to lose but if I do, there has to be a tax break somewhere. Is the comapny ther or not? Lack of information and broken promises does not sit well with anyone including banks and investors. Again I ask, come forward and address every milestone event that did not happen. Set deadlines and meet them. Keep people informed and investor trading began buying. Get the transfer done it will show activty atleast. Sorry if I sounds like a broken record but all I have to work with is broken promises.
Has any progress been made on the move to Florida? Has a broker been picked to handle the transfer of the stock? Is their company in Florida going to be like the address that HSXI had in California - a UPS Shipping Store? Something has to happen in February or a statement from the company ahead of not meeting another goal. They worry about funding. Lack of movement or noticification is only going to hinder any future funding. I know they have a boat load of my money and they did not have a problem taking everyone elses all the way up to the day of the suspension. Not one milestone was hit since the suspension. More dates have been broken then kept (can't recall any kept)and only complaints seem to bring company management out from behind their walls. I'm sorry, being a business owner, there is funding out there available to good companies. Companies that prove they do what they say and within the time frame they say they are going to do it in. IF they don't they let their investors know what is going on. NOt leave them hanging. Very poor business practice.
Coming up on one year of investors money being un-touchable. I wonder if there is a statue of limitations or a time period that claims can be made against a company. With all the time delays, I wonder if it is a year? I personnally would like to see something come out of this. Being tax time, I know my accountant would like to know if this is bad debt or future retirement! Wouldn't everyone else. So management/ owners, I know you monitor what goes on - come out from behind the walls and tell the truth and stick to what you say. If you can't make a date, lets be honest with people that trusted you and believe in the product.
Questions referencing Dieters Comments
Does anyone know if the following was done.
1. The infusion of the $2 millions should take place sometime next week (should have been done last week).
2. They are looking for a new transfer agent in Florida who is capable of doing electronic filing. The current one is not capable of doing that. Have they found a new transfer agent?
Does anyone know what they will be calling the shares being tranfered? Gift(?),Common shares, Prefered, other??
Just throwing out questions.
I would perfer to hear it from the principles of IHSI. Both information lines (newswire and IHSI) are too far and in-between. If they are going to the Amex don't you think a little hype would stimulate interest to invest? That would elimanate all rumours and hear-say. Promise dates have passed, information has been extremely late and no word on their website. Don't like rumours either but don't like people paying with money that belongs to someone else and not keep them informed more. Done posting my comments!
What are the bankruptcy laws in Florida compared to the laws where HSXI was at? In Florida, do the laws protect business owner better then most other states and most of the time, do business owners keep most of their personnel assets? Where would that leave us? Sitting, hoping someone would come forward and say what is going on.
Dieter was very informative during the SEC problems but where is everyone now? I would think they would have some sort of positive (or even negative) comments they can provide to their shareholders. It would really be nice to know if we lost our investments or not. Transfer, "gift" whatever you want to call it, if shares can not be traded or touch then what good are they. Technically, we are no better off now then when HSXI had the business. The shareholders money is locked. It is not making anyone money and it is not tax deductible until we know what is going on.
If this transaction was truly made in the best interest of everyone and the business, then it should be ran like a business and dates set. If you do not hit those milestones, tell your shareholder why and tell them before the date has passed. Set a date on share transfer, gift... . Don't say when it might be done. Also, clearly call what the transaction is - don't make it wishy washy. This will give many of the shareholders of HSXI a little more confidence on who is running the show. It is locked money with no return right now..
As a business owner myself, I know most of the time you are walking with you neck stuck out waiting for it to be chopped. But that is your job. Anyone can walk away but the person who stands up and makes it known that this will happen at this date is a person who will have people that will continue to invest in the business. Not everyone will agree with the decision but at least there are no surprises and everyone knows the stakes! Give them the confidence that they were not lead astray and we will follow. Stay too quite, it will hurt the growth.