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Yes, Vincent Finelli's interview indicates that Frank Underhill Senior (Sr) is the father of Frank Underhill Junior (Jr).
Anyone can verify this via the following link to a public audio interview (specifically) at the 2:45 mark:
https://soundcloud.com/frank-underhill-sr/hellix-ventures-president
In other words, Frank Underhill Junior was the CEO of Underhill Securities Corp per his public video at the following link:
share structure "improves" yet again as 500,000 options expire (apparently) unexecuted per the following public link from the companies' own website:
http://hellixventures.com/investorrelations/_brochure.html
As far as I can tell this was the last tranche on July 18, 2017. So even if it was a cash transaction (under T+3 rules) it looks like the share structure currently remains at 46,543,227 common shares--per managements' own public disclosures.
33 cents was the high ask after the trade that apparently filled near 15 cents. Meanwhile both my MKT and LMT orders (at twice the ask) are still not executed (days later) presumably due to the ongoing systemic corruption by the market makers as outlined here:
http://clsbluesky.law.columbia.edu/2017/05/05/the-citadel-settlement-off-exchange-market-makers-and-giant-brokerages/
For those too busy to read the whole article--the punchlines are the following statements:
"Looking forward, off-exchange market makers may become a direct target of private lawsuits on the basis of breaches of this multifaceted duty—despite occasional efforts to subtly disclaim it. For instance, promptness is one of the dimensions of the duty of best execution, and any deliberate—and potentially gameable—bumps in either executing customer orders or marking them up would be contrary to this stringent standard"
"...It is also impossible to ignore that the settlement’s key points are already spilling over to other segments of the securities industry, as shown by several important lawsuits aimed at large retail brokerage firms. More broadly, this enforcement action may be shaping up as an assault on the stronghold of existing—and potentially widespread—practices relating to order handling, best execution, and payment for order flow (“PFOF”)."
True price probably much higher. I say that based on my market order not being filled today despite being on the phone with the Broker for over 2 hours trying to get it executed. Those Dealers gave me every excuse in the book for not being able to "hit the ask" e.g. "erroneous ECN trades etc.". Finally they transferred me to their "risk management" department. As far as I can tell--you don't need to speak to a "risk manager" about a $150 trade--unless their market maker was (in fact) selling you stock "naked short". At least they admitted that the "options arm" of their market maker was previously sold to 2Sigma. But even FT indicated that no buyer could be found for the "prop trading" portion of that market maker--so it was just "shut down". HLLXF management should initiate a class-action lawsuit to recover losses...
22 cents was the high trade on Friday. Twenty-two cents is the start of a multi-year breakout no matter which way you cut it...
That was me (again) at 0.0752--so I know the market makers are (in fact) naked short. As far as I can, tell no one else is selling. Thus, the loyal investors have repeatedly done their part. Now it is up to management to finally file the required paperwork correctly for both HLLXF and ABIZF.
Anything else is just more lame excuses. For example, Abington Resources reported to the SEC that they had "producing oil wells"--so what are the exchange issues with TSX / NEX?
...inquiring minds want to know...thanks in advance
current ask has been 0.0752 for the past two days...management needs to wake up and start suing all the market makers who had been capping buy orders at 0.0119 (and lower) for the past few years--because they are (in fact) naked short...
Share structure "improves" yet again as 1,300,000 options expired February 2, 2017. Next tranche due July 18, 2017.
Share Structure
Now that Frank Junior is no longer running Underhill Securities--maybe he could help fix the spelling errors on Frank Senior's LinkedIn page...
Frank Underhill Sr.
Yes, delisted with supposedly "producing oil wells in Canada"
First, transferred from TSX to NEX on June 19, 2015 per:
transferred to NEX
Then delisted from NEX on March 23, 2016 for "...for failure to pay their quarterly NEX Listing Maintenance Fee.":
delisted from NEX
but you can bet they are keeping any royalty streams from the producing oil wells in Canada...
"Restructuring" in Vegas
why else would you use the same attorney who did the CYNK deal?
CYNK
i don't know the guy because i don't follow any analysts...i only track physical gold...the Oro Gold mine was interesting...but the Margarita Property was always going to be difficult to develop which is why it is probably better that GoodMark Capital Group, Inc bought it. Athabasca might still ultimately work out as other exchange-listed firms claim to be in the area working similar properties. So like I told you initially, it all comes down to HLLXF Management. Do they want to sit in Vegas collecting rent checks or are they going to "pick up a shovel" to get the job done in British Columbia?
the only thing to believe in is physical gold...so the issue ultimately comes down to the quality of their property and the ownership of that title...they can setup a dozen shell companies all over the world...but i can assure you management is being watched very closely and will be held accountable for any losses in accordance with the full extent of the law...
CYNK
yes delisted because they did not file the paperwork...so management has "restructured" into the following:
VEGAS RENTAL DEVELOPMENT INC.
funny how their attorney appears to be the same guy who did the following deal:
CYNK
"...the question of how shares of an unknown social media company named Cynk (cynk, +150.00%)—with few assets, no revenue, and no profit—could skyrocket to a $6 billion market cap (roughly the size of Fortune 500 drug store chain Rite Aid (rad, -0.93%)) had Wall Street watchers scratching their heads last week.?
...yes I bought again today--so am currently probably the largest single holder of this stock as well as their sister company Abington Resources Ltd. (ABIZF/ABL.V)--outside of management. Like I previously posted in ABIZF--the market maker routinely caps my purchases beneath the bid. In other words, until the price of gold resumes its' advance it will be more of the same...
Market Maker "capping" buys beneath bid WAKEUP management! Same deal with your other company HLLXF. Management needs to fight back!
Abington Resources, Ltd. (their other company) is the same situation. Management is weak e.g. can't file required financial paper work on time--much less pay the minimal exchange fees correctly etc. If they did just those two things then the market makers would stop capping the trades in both HLLXF and ABL. This is not some guess--I have both the explicit OTC trade numbers and Broker-Dealer ticket numbers to back this up...
the SEC is very slowly responding...
for example:
SEC cracks down on manipulation
UNDERHILL SECURITIES CORP. CRD#: 148001 SEC#: 67949
is currently not registered i.e.
Underhill Securities no longer registered
Frank Underhill JR is permanently barred by FINRA:
Frank Underhill Jr barred by FINRA
Rudolf Walter Brenner is barred as well e.g.
Rudolf Walter Brenner barred by BCSC
...i can not say more due to legal restrictions...however, if HLLXF wants to hire me directly "I will help restore shareholder value"...otherwise we will just have to wait and hope that management wakes up some day...
Rudolph Walter Brenner was banned by both BSBC & ASC. Specifically, a British Columbia Securities Commission (BSBC) panel found that Rudolph Walter Brenner breached securities laws when he lied to BCSC staff about his connection to a corporation that purchased and sold securities of a company for which he was a director. The panel found that Brenner concealed his relationship to a securities trading account held by Muscatine Financial Corp., a company controlled by the Brenner Family Trust (Brenner is a beneficiary of the Brenner Family Trust). The panel also found that Brenner falsely denied using Muscatine’s trading account at an Austrian bank to sell shares of Hellix Ventures Inc. in September 2011. Brenner was a director of Hellix, a reporting issuer in B.C. and Alberta, between January 2000 and April 2012. Then on March 13, 2015 the Alberta Securities Commission (ASC) reciprocated certain bans the BCSC previously imposed on Rudolf Walter Brenner. HLLXF needs to stop hiring these "prima donnas" and get a man who will pick up a shovel to get the job done at Athabasca...
Frank Underhill JR is permanently barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public as of October 24, 2016 see CRD#: 4970331. HLLXF needs to fight back as documents are now filed in a New York district court (as of December 7th, 2016) where plaintiffs claim that transcripts show conspiracy to manipulate silver. Five additional banks to the remaining defendants HSBC and Bank of Nova Scotia are mentioned including the following: Barclays Bank, BNP Paribas, Standard Chartered Bank, Bank of America and Merrill Lynch. The Memorandum of Law signed by Vincent Briganti (on behalf of Lowey Dannenberg Cohen & Hart for plaintiffs) on December 7, 2016 seeks leave to amend the existing complaint filed with the United States District Court Southern District of New York.
The Margarita Lease was bought by GoodMark Capital Group, Inc as soon as Hellix Ventures dropped it. In other words, per their website HLLXF still has Athabasca Claims, British Columbia, Canada. Frank R. Underhill Sr. (age 74) has been the Chief Executive Officer and President of Hellix Ventures Inc., since 1993. Barry Underhill (age 48) has been a Director of Hellix Ventures Inc, since October 2009.
The "news" is that yesterday December 2, 2016 Deutsche Bank finally agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. This is in addition to the $38 million Deutsche Bank agreed to pay in October to settle similar litigation over alleged silver price manipulation.
In other words, Frank Underhill Jr. (CRD# 4970331) can now claim that Underhill Securities Corp. was adversely affected by Deutsche Bank's actions and (hopefully) get a piece of the $98 million that is allocated to settle such matters.
This should help finance HLLXF operations until the price of gold resumes its advance.
The options were not exercised (as far as I can tell) because the share price was below the exercise price based on the documents management publicly posted on their company website. So it all depends on what management has planned for the company in terms of both direction and strategy.
The 580,000 stock options at $0.50 were not exercised on April 12, 2016 as far as I can tell. I'm guessing this is why HLLXF made an intraday high of $0.0594 on April 22, 2016. The share structure (posted on the company websited) still lists 1,300,000 stock options at $0.16 for February 2, 2017 and 500,000 stock options at $0.16 for July 18, 2017.
Per their website:
Barry Underhill
Telephone: 604-683-6657
Toll Free: 1-877-430-3113 (Canada and US only)
Email: info@hellixventures.com
...let us know what they say...
Hellix Ventures Inc. (HLLXF) -OTC Markets
0.2830 0.0410(16.94%) 9:30AM EDT
Hellix Ventures Inc. (HEL.V) -TSXV
0.28 0.01(3.70%) 11:12AM EDT
are the naked shorts finally starting to cover now that KCG is in trouble?
http://dealbook.nytimes.com/2012/08/02/knight-capital-says-trading-mishap-cost-it-440-million/
http://www.bloomberg.com/news/2010-09-27/knight-capital-urges-short-selling-leniency-for-u-s-stock-market-makers.html