From a legal standpoint, the defendants should seriously reconsider settlement before this matter escalates further. My understanding is that there is another pending lawsuit against the same defendants seeking damages in the millions, which materially increases their overall exposure.


At some point, prudence dictates stepping back, assessing cumulative risk, and pursuing a reasonable settlement to minimize liability rather than compounding it.

JUDGMENT adoptingunknown link Report and Recommendations. IT IS ORDERED that consistent with the REPORT AND RECOMMENDATION, Defendants' MOTION TO DISMISS PLAINTIFF'S SECOND AMENDED COMPLAINT PURSUANT TO RULES 12(B)(2); 12(B)(3); 12(B)(6), AND 9(B) [Doc. 36] is DENIED. Signed by Judge David C Joseph on 12/29/2025. (crt,LaCombe, L)

The Court denied Defendants’ motion to dismiss and adopted the Magistrate Judge’s Report and Recommendation.


Great news for longs — and an inconvenient development for the paid bashers.

https://www.pacermonitor.com/case/57904160/Redhawk_Medical_Products__Services_L_L_C_v_Advanced_Energy_Group_L_L_C_et_al

AEG/Coastal filed their objections… and it’s the same weak arguments repackaged.
Judge won’t bite. Their dismissal bid is doomed.

And here’s the part TD never mentions:

The same purchase agreement includes a penalty clause stating that if the Seller fails to deliver the required technology, the commission agreement becomes null and void — AND the Seller owes RedHawk $450,000 for the costs RedHawk incurred to develop its own technology.

Once again, it’s interesting that TD only parrots the plaintiffs’ claims and conveniently ignores RedHawk’s counter-claims.


Yes, RedHawk agreed to purchase certain needle technology from a group in South Africa through a commission. But if you actually read all the filings, you’d see the other side breached the deal by failing to deliver the required drawings and tooling. That failure forced RedHawk to spend hundreds of thousands of dollars abandoning the to-be-acquired tech and developing its own proprietary (now patented) technology.


And here’s the part TD never mentions:

TD and Homebrew really out here sacrificing their weekend to argue about a stock they don’t even own. Imagine caring that much about your 0 shares.

Wild that you spend your weekend camped on a board for a stock you’ve never owned. You didn’t lose money—just time you’ll never get back.🤷‍♂️

Sucks to be without a single share... doors are locked. 

With 0 shares, you have zero entitlement to that information.

Tough luck, TD—$0 for 0 shares. $280M is the amended complaint, not $50M. AEG would be lucky to settle for $50M.

Either a company is public or private. Redhawk being revoked doesn’t mean it’s dead—clearly it’s alive and providing regular updates to investors.

By taking the company private and delisting, he may have sidestepped ongoing reporting and audit obligations, but he didn’t absolve himself of fiduciary duties to existing shareholders.

Honestly, your understanding is a bit limited here — it’s easy to conflate “going public via a SPAC” with reviving a revoked company, but the mechanics are very different.


The key point still stands: a company doesn’t have to resurrect a revoked ticker to move forward. Redhawk can still pursue a path by merging with other entities or using a clean vehicle — that’s why they’re aligning themselves with additional companies now. It’s the only realistic way to structure something without trying to revive SNDD directly.


Different situation — but the mechanics of creating a new public vehicle through combination still apply.

There is no SEC revocation order for DraftKings. They went public via a SPAC business combination with Diamond Eagle Acquisition Corp. (DEAC) and the combined company trades under the ticker DKNG.


As for Redhawk: Redhawk is merging with other entities to create a vehicle that would allow a reverse-merger path — essentially assembling or combining with clean public shells/companies so a reverse merger becomes feasible. Whether that succeeds will depend on meeting SEC/FINRA reporting and disclosure requirements (and on any personnel or enforcement red flags), but structurally that’s the approach they appear to be taking.

Just replace "Draft kings" with "RedHawk"

https://www.draftkings.com/news-2020-04-draftkings-closes-business-combination-and-will-begin-trading-on-the-nasdaq-stock

Just so you know, a merger itself doesn’t automatically “transfer” sanctions. FINRA/SEC look at the people and the transactions, not the revoked ticker. If the shell is clean and the new entity meets reporting requirements, there’s nothing inherently impermissible about using a different vehicle. Companies have restructured around dead tickers before—it’s not common, but it’s also not unheard of.


Here is one example:
DraftKings didn’t revive an old ticker; they merged into a clean SPAC shell (Diamond Eagle Acquisition Corp.) and instantly became a publicly traded company.
Key point: The shell had no operating baggage. All reporting started fresh after the merger.

Yes, A reverse merger into a clean shell would let the private entity go public without ever having to revive SNDD itself. Existing SNDD holders could theoretically be rolled into the new shell through a share conversion, provided the structure allows it and they complete the required financials on the new entity—not on SNDD.


So yes, your description of how the mechanics work is spot-on. 

Totally agree — something is clearly moving behind the scenes. And you’re right: SNDD is too tangled to ever trade again, so a new ticker is the only realistic path forward.


And one thing is certain: Klug can’t just take anything private and cut out shareholders. Securities laws simply don’t allow an officer to siphon corporate value for himself without compensating investors — that would be a blatant fiduciary-duty violation and would draw immediate regulatory attention.


At the end of the day, a lot of long investors still trust that Klug will do the right thing, and that whatever comes next will include the people who’ve stayed in the marathon.

Even if he controls the board, he’s still bound by corporate law. Self-dealing like handing yourself a $500M salary can trigger derivative lawsuits, SEC scrutiny, and claims from any aggrieved parties. It’s not just about who votes; it’s about what’s legal. Courts don’t just nod along because he wants a bonus.

Hopium much? Even if Kludge-the-Stooge rakes in $500M next year, he can’t legally just pocket it all. Corporate law and fiduciary duties exist—he can’t vote himself unlimited pay without approvals, and former shareholders may still have claims depending on how shares were revoked. The idea that he gets a free pass is just not how the law works.

Sure TD, while we wait for the Form 10, let’s just ignore the HQ, satellite office, distribution center, and partnerships — clearly “hopium” beats acknowledging actual work.

Homebrew, calling this “hopium” ignores the facts. For the last several weeks, Redhawk has been establishing partnerships, setting up a headquarters, a satellite office, and a distribution center — deliberate operational steps, not smoke and mirrors.


And Klug isn’t doing this for shits and giggles. People don’t invest time, money, and infrastructure just to entertain skeptics. But sure, keep dismissing every concrete action — your consistency is impressive.

A 2,500 sq ft building isn’t huge — it’s about the size of a small office.
Common layouts would be 50 ft × 50 ft, 25 ft × 100 ft, or 40 ft × 62.5 ft, so yes, it’s a normal-sized commercial office footprint. The “0.00009 square miles” number is technically correct but really misleading — nobody measures buildings in square miles.


As for the shares and going private:
He can’t just “carry” public shareholders into a private entity without formal SEC filings. If a company goes private, shareholders are usually either paid out per share or given new private-company shares through an approved process. He can’t secretly move assets and leave shareholders behind without major legal consequences.


Insiders still holding 300M+ shares could mean they expect something to happen down the road, but it’s not a guarantee. A lot depends on whether RedHawk actually intend to revive or relist the company, which I believe it is.


We’re all just watching how it unfolds

Revoked ticker, but the company just opened a brand-new HQ in Lafayette, added a Houston office, launched a financial services arm, and expanded nationwide distribution.


Some “dead” companies out here moving more than the ones still trading. 🤷‍♂️🔥

NEWS OUT!!!https://www.einpresswire.com/article/869896541/redhawk-announces-opening-of-new-offices-to-support-continued-business-growth-and-expansion

Honestly, after reading the judge’s detailed and damning ruling, I’d be careful — the feds might get to this before anyone talks settlement. Parts of that order read like the intro to an arrest warrant. 😬

To add to my previous post re the Motion to Dismiss:Redhawk’s Amended Complaint didn’t just restate the original allegations — it after uncovering additional fraudulent conduct, communications, and evidence tied to AEG, AEG Medical, and Coastal.


Because of these newly detailed facts, Redhawk increased the damages sought from the earlier amount to


The court accepted the Amended Complaint, and the magistrate judge made it clear:
• The new allegations were specific,
• The damages increase was
• And the Amended Complaint was ,
• Despite the defendants’ arguments that it should be thrown out.


The judge ultimately ruled that:







This means Redhawk is now officially pursuing in claims into discovery — a massive escalation that the defendants could not block.

You keep bragging about not buying chips… meanwhile you’ve spent a decade bashing a non-trading stock like it’s your life’s work.
If anyone got scammed, it’s the guy who donated 10 years of free labor to a ticker he never owned.

Homebrew, the only “tag-team” here is you, Uber, and TD — three guys with 0 shares trying to lecture people who actually invested.
If anyone at the table should wonder who the sucker is… it’s the one playing poker without any chips.

Well look who crawled back — the Three Stooges are posting again. Whenever they reappear in full formation to spew the usual nonsense, something good is usually cooking behind the scenes. 

Homebrew: a full decade of nonstop bashing, thousands of posts… and still 0 shares. Expert commentary with no actual investment—classic.

Wild how you keeps shouting ‘fraud’ when you are the only one with that word circling your name. Projection at its finest.

The Amended Complaint increased the Damages to $280 millions 

You probably did not know but the Amended Complaint increased Damages to


Redhawk’s Amended Complaint didn’t just restate the original allegations — it massively expanded the claim after uncovering additional fraudulent conduct, communications, and evidence tied to AEG, AEG Medical, and Coastal.


Because of these newly detailed facts, Redhawk increased the damages sought from the earlier amount to


The court accepted the Amended Complaint, and the magistrate judge made it clear:
• The new allegations were specific,
• The damages increase was supported by newly uncovered evidence,
• And the Amended Complaint was valid and sufficient to move forward,
• Despite the defendants’ arguments that it should be thrown out.


The judge ultimately ruled that:







This means Redhawk is now officially pursuing in claims into discovery — a massive escalation that the defendants could not block.

🚨⚖️ FEDERAL JUDGE: Motion to Dismiss — DENIED on ALL counts
Uber, here’s the quick reality check you didn’t ask for but definitely need:
Remember when you kept preaching that Redhawk had “no chance,” “no case,” “no jurisdiction,” “won’t survive dismissal,” etc.?
Yeah… the federal magistrate judge just bulldozed every one of those claims.  
✔ Motion to Dismiss — DENIED on ALL counts✔ Jurisdiction stands✔ Venue stands✔ Fraud claims stand✔ Res judicata / estoppel — denied✔ Case moves forward to full discovery
In short:Every argument AEG and Coastal made failed — and every prediction YOU made failed with them.

At this point it’s downright comical — TD and Homebrew are moderators with 0 shares, used to post all day like it was their full-time job, and now they’ve been missing for over a week.
How do you mod a stock you don’t own and don’t even show up for?
This is peak fraud-vibes.
Honestly, we should vote to replace them with mods who actually have skin in the game… or at least a pulse😂🤷‍♂️🤣

That’s one theory — maybe they were just spectacularly bad at their job.
Wouldn’t shock me if the sheriff swung by with a little ‘reading material’ for them to sign.
The whole thing is just bizarre…🤷‍♂️

Interesting how they’re suddenly everywhere except this board. Almost like someone higher up told them to take a seat…🤷‍♂️

🚨 BREAKING NEWS: Uber, TD, and Homebrew have not posted in nearly a week. Authorities suspect the trio may have suffered a catastrophic collapse of confidence after running out of recycled talking points. Investigation ongoing. 🤣