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Good to know. Just never heard it called anything other than the Federal Reserve Board.
I know what they do. I just don't see much relevance to Hollywood
What Fed meeting? Some of us aren't up on what these letters stand for. Federal Reserve? Federal ............ ?
Just looked it up. Never heard it called FOMC before. Everyone just says the meeting of the Federal Reserve Board for quantitative easing, etc.
Not sure what that has to do with Hollywood. Thanks.
FOMC ?????
The SNTX shares aren't all restricted, just the ones which were a dividend paid to the shareholders of VGID. The transfer agent will release your share restriction if you're willing to pay their fee. Another incompetent transaction by Buzzy. Maybe someday he'll actually hire some competent people who know what in the hell they're doing. Every incubation stock dividend from VGID has been screwed up.
Wait'll you get my age and you'll think kindly of the good ole days when you could multi-task. LOL
(337) 269-5933
Just wondering why you're wasting your time on this loser stock. It's listed on the expert market and is dead in the water, along with Fernhill Beverage.
It's on the Expert Market which pretty much means it's gone there to die.
I hate to break it to you but Redhawk still has the same shareholders with the same number of shares as a delisted company as it did when it was a listed company.
Do you know the phone number for the conference call tomorrow evening? Thx
I've been invested in Redhawk since it was Independence Energy. I was watching it even before SONY. I don't remember the financials ever being audited, even when Klug took over. I could be mistaken but I don't think so. I would love being wrong.
Actually, they were audited back in the beginning through the year ended 5/31/13. Then, although they were not audited after that, they did have operations until the current team took over, hence the changes in the capital accounts from then until 5/31/24. The problem is that when financial statements are audited, you have to start with audited numbers or your audit for the current year is not completely audited. In order to properly audit the current year, you have to go back and audit the prior years that haven't been audited. Just say'in.
If the plan is to go public or is to have audited financial statements, it's always easier to start auditing from the start with clean financials than to have to go back and try to audit messy financials (if the records can even be found).
Looks like they were audited from inception until 5/31/2013. Next, they terminated or suspended their duty to file reports with the SEC on 5/21/2018. Then there were no reports until the unaudited financial statements for the year ending 5/31/22, which showed that that year was apparently their beginning year. At least, according to the Statement of Cash Flows for the year ending 5/31/22, it shows that all the assets and stock were acquired that year. So, I am guessing that the current audit would have to include the years ending 5/31/22, 5/31/23 and 5/31/24 (subject to the information below).
It seems that the current insider shareholders supposedly acquired a shell corporation, although it's funny that they acquired a fully amortized leasehold interest. Now, when looking at the Statement of Stockholders' Equity, it shows retained earnings and stock from 12/31/2016 forward. Bet the auditors are going to have fun with this one.
I believe they have to audit from inception for the latest years' audits to be valid. This assumes that they've never been audited in the past.
What time periods are being audited?
Hate to say it but it looks like you've got entirely too much time on your hands.
You seem to think that Larry Twombly built this to where it is today. Other than Larry starting the first couple of locations, the current management team and majority shareholders have taken Hollywood to where it seems to be headed. Twombly may have started the first couple of locations but, whereas he promised the V Group shareholders that Hollywood was to be an incubation company established through VGID, instead it appears that he sold Hollywood to the current management people for his own personal gain and screwed the VGID shareholders. It's not surprising considering his history of lies. Larry screws up everything that he attempts. The two past incubation company dividends that we received were mishandled because he didn't have qualified people handling the transactions. The last stock dividend for Suntex Enterprises is still being restricted because of ineptitude. We've been waiting over two years to be able to trade the shares. At any rate, I'm hoping that current management of Hollywood continues to grow the company and doesn't actually rely on Larry for anything other than (I actually can't think of anything that they should rely on him for). The main thing I hope for is that current management is well protected from Twombly.
My point is that Larry doesn't seem to have any involvement in this company now except for possibly record keeping. He lied to the VGID shareholders and seems to have sold Hollywood for his own gain. I'm only saying that I hope the people running this company have protected themselves in case they need to change "business consultants." Larry will be very vindictive if they ever try to push him out when they don't need his business acumen (and I use that term lightly, considering his past experience with all his other "ventures"). I have bought a substantial number of shares of Hollywood and it appears that the current management is on the ball in their positioning for the future. My only real concern is any affiliation with Larry Twombly.
Buzzy doesn't appear to be an insider stock holder. He may own some shares from the open market. However, he is listed as being a "business consultant." I'm not sure I'd want him involved in any way, shape or form. Remember what he did to Fernhill Beverage. I hope the insiders have all access to the books and records for Hollywood and have competent accounting people taking care of the financials. I also hope they have outside auditors doing the annual financial statements. Remember, Hollywood stock was supposed to be given to the shareholders of V Group. Appears the only one who made out in that deal was Larry Twombly. I didn't get any ownership in Hollywood other than what I've bought on the open market, did you?
I've owned shares for many years. Several million. This company is dead.
Mine's a CUSIP in Schwab
I just found an article with them buying a family owned tanning salon company with 14 locations. It said they were going to close 4 of them and convert the other ten into Hollywood Cut salons/tanning salons over a period of time.
I'm new to this stock and am wondering where you are getting the information that there are 18 locations. I read the latest quarterly financial report and see nothing in it regarding locations. Seems to me that there were only two to four locations only one or two years ago. Any information would be appreciated. Thanks.
Klug has an impeccable reputation. Why do all the naysayers think that he would keep the proceeds for himself. First of all, distributing the 50M to the shareholders would be stupid when the company needs it for working capital. The company has many projects in process (which I know you find hard to believe) and the money would be better used for working capital rather than squandering it on a pittance in distributions to us. Just give it time and think positively. There are many shareholders on this site who have faith in Darcy and are willing to wait. We all, with the exception of a few negative individuals, know that the future is bright for Redhawk and won't allow a few people deter us in our faith in Darcy Klug.
I actually can't remember when I realized it wasn't working but I think it was much longer than a week ago. Then I checked it for several days and it still wasn't working. Maybe they were just having it worked on. At any rate, it looks fine now. That's the important thing.
That's weird. Their site has been down for quite a while. Working now.
That's weird. Several of the subsidiary's sites still work.
I can't seem to get on Redhawk's website. Did they change it? I'm talking about Redhawk Holdings Corp., the parent holding company.
He made it up ................
He didn't give us that. It was there all along.
Hey Diamond, if you continue to give nut cases an audience, they will continue to make ridiculous claims that don't hold water. Eventually, they might realize that they're preaching to themselves. It's so obvious who defaulted in the first place but they don't want to believe their lying eyes.
When you don't know if the very step that caused the violation happened, go back to calling it a scam. LOL
Finally, some class on this board.
It's on the expert market
Ridiculous
I'm trying to understand whether some people think that just because a person is a registered agent, that means they have no other affiliation with the company that they are representing as a registered agent. I've been involved with several companies, C Corporations, S Corporations, LLC's, etc. and have been involved in various capacities in them as secretary, treasurer, CFO and/or stockholder in each of them. Am I missing something as to why it's such a big deal that Matt Miller is the registered agent for N95? He can easily hold any number of positions in N95 or in any other company in a parent or subsidiary relationship,
Some people just don't want to believe their lying eyes.
Yeah, they sure are in demand. Get 'em while they're hot.
The financials are a joke. Supposedly prepared in accordance with GAAP. I think a high schooler with some accounting classes could do a better job.