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Crickets...not very talkative in here....
Klug obviously has no clue as to what he is doing. And completely screwed up the settlement agreement...https://www.casemine.com/judgement/us/5fb36d634653d056552fe6a1
how much has he paid out in attorney fees now....fingers crossed for a bump in price so I can get out...
Dang! Awesome profit. I entered 10/13/14. $0 so far. Would have liked to have sold at .05 and then bought back when it went low to around .0009 in 2019.
I'm in the green, but I have been around since before the ebola outbreak, and stayed around even when we went to .05 (wish I would have sold then), but this is still a turd. I wonder why they chased shriebner (sp?) only to turn around and dilute the crap out of this. If we can ever get back above .01, I'm going to dump and move on. At one time (5+ years ago) I had more faith in this and thought we would get over .10, but not now.
Agree 100%. I bought it right before the thermometer stuff, and at least it hit near .05 when it was not a "real" company under Schriebner. Since Darcy has had it, folks keep saying that he is turning it around, etc. But all he has done is waste money. Why even go after Schriebner's shares if all RedHawk was going to do is raise the O/S anyways?
Only RedHawk could have a needle destruction device and still not make money during a time period when needle use is at an all time high with the vaccine...Great Leadership...lol
Still a turd. Old Darcy has sat on this long enough. I least we got some price action when Schreiber was here. Darcy has done nothing but waste time and money. lol - I am laughing and crying at the same time wishing I had bailed when it was .04+ years ago.
This is still a turd and has been for a long while. I still regret not selling when it hit almost .05. Now it's just a waiting game until this turd gets another pump, if it ever does. It'll be another 2 years before we get back over .02.
I wondered the same thing. He was very vocal, and now is no longer even a moderator.
I will say that I called the LSU Office a month or so ago to see if Redhawk was even there, and the LSU staff did confirm that they were still there. I did not ask what they were doing or if it looked like anyone was working there, but they did confirm Redhawk was still there in some form or fashion.
If my old posts had not been deleted from the time period when the case was filed, you'd see that I said there'd be continuances, etc. But others wanted to tell me about the timelines for the answer, counterclaims, discovery. Just an fyi, I do this stuff everyday. What is this, the 2nd or 3rd time it's been continued. These cases can have a 5 yr case life at the trial level. Sounds like neither side has done much on the case. Eventually the Court will want it off its docket and move it. But the fact that Klug is not attacking tells me that the case isn't that strong to begin with. I really hope I am wrong, but this has been downhill for the majority of the time he has been involved.
I've been with this stock since 2014 and keep hoping it will jump. Hindsight says I should have sold at .04-.05 and walked away with a mint. Here's to hoping we touch .10 this year.
About this time last year, the admins removed a couple of my posts I had about the litigation. I was mocked and told the other side had to answer X number of days, discovery, blah blah blah....how quickly is it moving? any continuances yet (they are usually granted pretty freely)? How are we in any better position today than this time last year? I said before, litigation will move in roughly 3 month increments. It is slow. Year 2 may pick up.
I haven't seen any pom-poms waiving around lately. Lost faith in the all powerful Klug? Unfortunately, I still own all my shares, as I keep having hope we can have a dead cat bounce maybe. Heck, .02 sounds good now to unload them at.
They may be heard at trial. Once discovery is done, there will likely be summary judgment motions. Many judges are afraid to grant summary judgment motions for fear of being appealed. They rather the parties work it out.
To do the case right, there needs to be depos of every prior board member, depos of everyone who controlled the money/shares, emails requested, phone records, etc. Most phone companies purge their text messages every few weeks, so they cannot be recovered, but some companies keep them indefinitely. I am familiar with at least one company that does that, so phone records and texts need to be subpoenaed. Litigation is not cheap. I do not review the court records, but I do not believe any depos have been done, and I am not sure what interrogatories have been served.
One must also remember, Schrieber is a share holder, so Klug owes fiduciary duties to him just as everyone else, so any attempt to make the share price worthless opens the company up to liability. It us a fine line to walk. Price is still above my average, but not by much. Would have been nice to have sold at .04, and bought back down at this level.
Just curious where the people are that tried correcting me back in May-ish when I said this was going to take a long time and there would be counterclaims, etc? I believe someone quoted a couple time limits on pleadings and whatnot trying to indicate it would be quick. How many depositions have been done? Any interrogatories and requests for production of documents propounded yet? This case hasn't done much more than spin its wheels in the mud. We are just now getting the answer to counterclaim....next step, discovery, depositions, maybe mediations, etc. As I said before, the case will move in about 3-4 month cycles.
All my truthful threads were deleted when I questioned anything the cheerleaders claimed. I want this stock to do great, as a $1 share price would be enough to change many things for me, but wanting and reality are two different things. Several of us have been with this dink since the thermometer days and have have had only one bump to $.04-ish and a couple to .02. We are no where near the amounts that some of you are predicting.
Appears I have missed some great comedy routines on here. Predicting $1 plus by spring....lol. that was good. For those that have been here 3+ years, we all know this dog and pony show. You get about one good bump a year. We will not be seeing anything for a long time, if ever.
I posted last May-ish about the litigation going to take a while, etc. And the cheering crowd came out and said I did not know what I was talking about, spouted off the deadlines, etc. I mentioned that those did not matter because of extension, continuances, etc, because I know the reality of litigation. My several posts around that time were deleted.
We are no further along in litigation than we were before. The case is still ongoing.
I'm just hoping for another bump to around .04 and I'll likely be gone this time. Or at least wait for it to drop back down and invest again at a much lower price. I'm averaged very low now, so I can afford to wait a bit longer.
You're a little late on that cheer. They were saying that almost 2 years ago... still haven't broken $.05. Lol I've been with this for over 3 years now, and we haven't moved much at all, and we only have a few spikes of volume once in a blue moon.
Not this crap again. Several of you all predicted $1+ and higher within the year just last year. We barely have hit $.04 in the last 2 years.
Are we going to the moon yet? It would be nice, but do not see it happening for 2+ years. The litigation with Schrieber will take 2+ years. The one positive is that there has not been any dilution going on.
Hopes, dreams, unicorn rainbow farts, and ALL CAP LETTERS!!!
That is why...disregard the fact that this has no volume, no interest, and little action, and the lawsuit filed in court is the biggest crock of crap just to try to get Schrieber out. Have you all seen the complain? Some of the allegations are things that could have been found out with a quick internet search. I remember last year...this was going to be .25 or better by now. some where saying $1+.
I am hoping and dreaming, too, but I am also a realist. Must get volume for this to do anything.
What happened to the lawsuit moving this faster? lol. I said before in a deleted post that litigation is time consuming. Don't expect this to move quickly. Figure everything moves in about 3 month time periods. DumbDumb has thrown up some road blocks in trying to get the jurisdiction changed to California I believe. I'm really hoping his can hit a $ one day, but after 3 years of holding, I am not sure we will ever see that.
It is. I've been in it almost 3 yrs too long. Last July would have made a great time to exit. A nice pop to .04-.05, and I am probably gone, at least until some movement is made, and then I will consider getting back in. Right now, just watching the paint dry....
I previously said litigation would take a while in one of the past posts of mine that was deleted. The refusal to grant the temporary injunction, not good....probably few know the factors that go into that....one being that granting a temp inj to the requesting party and that requesting party is likely to prevail in the underlying litigation. Each state has their own set of laws, but
Hopefully this will get resolved soon and they can come to terms on something. Otherwise, count in 3 month blocks to get things done. If they argue, expect party A to have 30 days to prepare a brief, 15-30 days for Party B to do a reply brief, etc...
I'm still holding, but would have been nice to have sold at .4 and bought more at this level. Hindsight is 20/20
I posted several weeks ago about the reality of the time lines and how they were unrealistic (it was deleted, imagine that). It would be great if the court deadlines were followed and this was wrapped up quickly, but the reality is that there are often agreed extensions between the parties and delays. It took them a while to get Schrieber served it looked like. I haven't heard anything about his answer to the complaint, what counterclaims he made, and whether interrogatories were served, etc. IDNG has to be the aggressor here, it is their case. Schrieber can set back and do nothing and the case will get dismissed for lack or prosecution/action. Hopefully it will settle quickly and the symbol change happens soon.
I know, some where even predicting $.20-$.60, and the big clowns were predicting $1-$3 per share....
Yep...headed down the toilet...
I did mis-speak; it is a counterclaim. So you're telling me that he is purposely keeping pps down so he can drive down Schreiber's amount he can get??...wow...sounds like there may be more litigation down the road on fraud or breach of fiduciary duties to shareholders. Klug owes just as much of a duty to Schreiber as he does all shareholders. Obviously no one wants to pay .042 to Schreiber for shares that he got for very very cheap and no one wants to spend a ton of money in litigation. But this stock is going nowhere for a long time. The one plus about this company is that it is not a pump and dump shell and there are actually people working for it. Maybe someday we will see .25, but that's a long ways off.
I am completely aware of what the rules say. I am also completely aware of the reality of litigation. If my prior post had not been deleted last week, I went through it explaining the length of time. He will file an answer, it will very likely contain a cross-claim...then IDNG will have a chance to answer the cross-claims. The court may then schedule a pretrial conference to set discovery deadlines. Some courts do not schedule anything until the attorneys notice items.
Right now you're looking at discovery - depos of Klug, Schreiber, likley various Board members and former board members. Figure this will be tied up for 1-2 yrs, unless they can come to a quick resolution.
I also said back in July that no way we could keep the higher stock price but the cheerleaders did not like to hear that. I will gladly eat crow on this, as I hope this also succeeds. But it is not fair for those that come to read the forum only to read what you all want them to see. They need to see both sides.
Yep, time to get in the downward dog position and get ready to get screwed over. At least we are not hearing that this will be .60...1.00....3.00 again. Reality is this is a penny stock. I posted a few days ago the real procedure with litigation and timing (happen to do it for a living) and the post got deleted. It is not a fast process. It took them a while to even get Schreiber served. Best case scenario is KLUG pay the Schreiber out of his own pocket for the shares and be done with it. Right now we are looking at end of June or early July before answer, crossclaim, answer to crossclaim is all done...and then discovery starts
Everyone praises Klug, but he did not even do his own due diligence on idng (have you seen the lawsuit against Schrieber - saying he did not have knowledge about Schreiber...when it is all publicly available) and Ecogen has issues. Everyone talks about Klug having the shareholders best interests in mind...but that's b.s. Look at the volume. If this truly had value, his buddies would be snatching these up left and right at these "bargain" prices.
Let's hope it isn't a repeat. That's when I got in too. 2 companies had the no contact thermometers...and Idng was one and couldn't make sales. Not even sure they ever received any, though they had the pictures of them. The other stock peaked around .40 from what I recall during that scare. Now I'm just hoping IDNG can peak back over .04.
Also, not sure if you saw but HERTZ took a huge drop recently. Not sure this MINT deal will help us any.
Be careful posting factual messages as they get deleted when they do not jive with the cheerleaders snake oil. Subs again...
Does not look like the lawsuit did much good. Run a tweeter search on $idng and you'll see that Shrieber (sp?) just dumped 1.2 million shares give or take a few.
Over/Under of tanking this morning? .02 to less than .015? We NEED VOLUME, and maybe beer. .02 is good, though. maybe we can get back to .04 and hold support there.
I rarely flip; this I have held for 2 yrs, and closer to 3. To say that this was an unanticipated problem shows blindness on the part of the leadership. This could have been seen a mile away. The fraud claim is BS but breach of fiduciary duties and self dealing may have some bite. Especially when Shrieber (sp?) got shares to the detriment of everyone else.
WOOHOO! REDHAWK TO THE MOON! KLUG IS PULLING A CROCODILE OUT OF HIS A$$ AND GOING TO TAKE DUMB DUMB OUT WITH IT....this has about as much of a chance of happening as this stock ever reaching a dollar anytime soon or a report being filed on time. This time last year the cheerleaders were predicting $0.60 or better by mid-year. Frustration is building.
Took a while to grow a set. This is a step that is long overdue, but in the right direction. Typically Defendants have around 20 days to respond depending on the court/state rules; expect interrogatories, etc to follow. Fraud claims allow punitives typically.
A rose by any other name would smell just as sweet...
This is a turd...and no matter the name, it is still a turd. The cheerleaders of last year swore up and down this would reach $.60 and higher within a matter of months, then it became ...just wait till the next pr/quarter..
No doubt this has potential, but when there is no interest in the few shares that sell, there is no manipulation of share price...it is just no one wants the shares. When there is no demand, the price sinks. Even when we are over 1 million shares in volume, there is still very little interest.
So do we continue the downhill slide today? I initially thought with a little volume, the price would go up; we had some days with over one million in volume, and still no upwards movement.
?? How would centri have prevented this? The gun had been checked.
This post is about as absurd as the ones last year saying the pps would be .30.-.60 and up. "just wait for news" blah blah blah blah.
Centri is a point of entry system.
I've been holding over 2 yrs now and continue to do so in hopes that someday this pos will take off to at least $1, that way I can pay my student loans and my wife's student loans off.
$1.5 million from sales of real estate investments; retiring $250,000 real estate debt; using capital to invest into their other ventures...
Let's hope news or a pr does not come out today. I'd like the stock to stay the same or go green. News seems to send this one the other way.
I do not think it matters at this point. We just had "great" news come out about revenues, we still are not green, and volume is extremely low. It would be great for this to form support at .03-.04, but until we start getting steady volume, support will be around .008-.02.
I wish. I am hoping this is news the market will react to, but historically, news does very little to move this stock. The last several PRs have barely budged it. If we could get some volume, of 2-4 million per day, this would shoot up quickly, I believe. It would be nice to see the .042 level and beyond.