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Why should anyone feel victimized by crimes that never happened? For example simply saying that I feel that a specific poster on a stock message board is a habitual liar and a fraud doesn't make it any less of a false accusation or a TOS violation than if I were to state if affirmatively. Imagine how bad it would then look if someone else with knowledge of the situation could demonstrate that my supposed feeling had no basis in reality whatsoever?
Securities laws are tangible, we can all read them and know them. So for someone to feel strongly enough that they were a victim of security laws violation to report it to the SEC, one would have to first have at least a superficial understanding of what specific violation had actually occurred, and secondly be able to articulate how that illegal act had harmed them. It's just a not good idea to suggest without any evidence whatsoever that others report non-existent SEC violations to the SEC. The SEC hates these stock messaging boards as it is and is always looking to make an example out of someone.
I probably have forgotten more about securities law than, those suggesting that there have been securities law violations on this board know about it. I have not seen any securities law violations. Please provide specific examples or stop spreading false rumors.
I think so, based on increasing revenues, debt elimination and market needs for PPE and the needle device. I was buying the lows and the fear last week.
I noticed to late to change it that I had attached the wrong image to the previous message. Here's the actual image:
Long story short, Redhawk management did not allow an aggressive toxic lender convert $645K in shares, but went to court and settled for $115K. Since the original note was reported in a December 2017 8K and the $645K in dilution never materialized, all claims that the company kept investors in the dark about the above situation are completely unfounded.
I will do one better I'll actually explain it using company filing and court documents. As I have repeatedly stated Ema Financial LLC is a toxic lender, famous for charging companies almost unimaginably high interest rates. Nevertheless Klug decided to borrow money from them in December of 2017, and promptly reported it by means of an 8K which simply stated:
There are few simple words in every legitimate prospectus that serve both as a disclaimer and an opportunity to every shrewd investor out here, especially in the OTC and it is: "Past performance is not indicative of future results".
The OTC microchip market in which all who invest or trade their money here are participating, offers the most opportunity to those who truly understand what those words mean. In order to find an actual stock that is undervalued one has to find a stock that has better future prospects than what is indicated by its current price.
Your whole argument is based on the idea that the current change in the company's performance, eliminating the legal challenges of the past, while simultaneously eliminating debt and increasing revenues 5 fold, can't outweigh the 122 million shares added to the shares held at DTC since this past winter. Fine that is your personal opinion, so you sold as one should if that is what you believe. I disagree, the difference in what the company is doing today and what it was doing months ago has convinced me that even at .005, it is much better buy than it was last year when I started buying at .0025-.0036. Time will show which one of us is correct, 10 K being released in a few weeks.
Whatever anyone says it can not change the facts:
The 10 K will be released in a few weeks, showing solid revenue growth of 500% increased revenues over the previous quarter as previously announced in company PRs.
Debts have been reduced, but we will know exactly by how much we will have to await a pr, an 8K or at the latest the 10 K.
The company paid a cash bond to cover Schreiber's judgement as required by the lower court yesterday. The company's attorneys has already submitted a unopposed tentative court order for the courts approval, which would invalidate the earlier Writ of execution. Once the court accepts the cash bond payment the matter will rest completely with the appeals court. Below is evidence of what was stated above:
It is very important to protect investors from fraud. This is why the SEC warns investors of the tactics used by fraudsters such as:
Yeah, it was a good thing he had going back with retweets from Dr. Drew and everything. It doesn't really matter though the only way schools, and the economy can stay open for the foreseeable future is if everyone embraces ppe. With cold and flu season around the corner epidemiologists expect this month of September to be the lowest month near term for daily deaths due to Covid-19. Look at this grim chart:
Eventually, probably after the elections everyone will take wearing masks as seriously as they should, an Redhawk will still be selling them when they do.
Meanwhile in the real world, the company is promoting its UV sanitizing lights:
Sanitize your office desk in 20 seconds with our UV Sterilization Wand. Kills 99.9% of bacteria and viruses on all surfaces. Visit https://t.co/08wbojJzu0 to buy yours today! pic.twitter.com/6DSmPtT82K
— Sharps and Needle Destruction Device (@destroyneedles) September 4, 2020
A half million buy in the 50s is a steal, wish I had a bid in here that low. I was busy buying some other stock and by the time I was ready to buy here it was over.
What about the profits being made now? The increased revenues from the last quarter continued into this quarter? And what about next quarter's revenues? The problem with your story is that it ignores revenues and assumes dilution. Yet revenues have only increased all year while debts have decreased.
No, it's a real business that currently makes 5 times the revenue that it made when you first came here saying the same thing months ago. Traders and investors need facts, not baseless opinions.
No I'm wide awoke and aware of the impending end of the ability of past debts, to hurt the future prospects of a growing company. Just a few weeks to go until the 10 K.
If DD is sloppy then the conclusions, reached from it will be false, for example much of your reply refers to debts that we have no reason to believe will ever be converted into shares :
The last 10 Q described just under 56 million shares of dilution, which we all know has already happened. It doesn't hardly suggest a OS of 1.5. billion shares. The 5 million shares traded today also doesn't point that way either. So all of the talk of the OS rising to 1.5 billion shares, seems like so much baseless speculation.
This is the week leading up to the Labor Day holiday, so it's highly unlikely that the company will release news this week, or that there will be a large volume of trading, since many traders traditionally take this week off. Traders who try to orchestrate a low volume take down of the stock today or tomorrow may succeed for a day or two, but they run a high risk of finding themselves out in the cold early next week.
It's on every single filing if you use the SEC Edgar site. Click the link below and read all of the information in blue:
https://www.sec.gov/Archives/edgar/data/1353406/000175392620000270/0001753926-20-000270-index.htm
So are you saying that if there is dilution, there cannot also be stock manipulation? When you came here in the winter there hadn't been any dilution for months, but there was plenty of stock manipulation. So if someone was willing to manipulate a stock downward that had no dilution, why would they stop just as dilution was making their scam easier? It's like the little girl said in the commercial:
A whole lot of traders are taking it easy this week, so this week belongs to low volume stock manipulators.
I only buy on days when foolishly greedy traders push the pps down shortly before known catalysts. So this week I 'm a buyer, definitely wouldn't sell a single share here during a flipper group contrived downturn.
It is transparently obvious that is what is happening. I don't think they have as much time to work the price down as they think do. So let them have at, but their time is running out.
Not to mention record breaking, huge increases in revenue since March. As explained back on August the 4th:
Very good, now that you found the filing explaining that there would be at least 55,916,667 shares diluted that would be completed sometime after June 30th, the next logical step would be to count the shares that have been diluted in recent months to see if it has already been diluted or still has to be diluted. That would take more work however I've already done that work as you can see here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157893827
Based on the fact that over 90 million shares have been diluted up to this point mostly since June, I see no logical basis to believe the potential future dilution mentioned in the last 10 Q which was about 15 million shares less than what has already occurred, should be a future concern, as opposed to a past event.
Secondly I have no idea if Dr. Drew will renew his agreement with Redhawk next July. If the company doesn't give him more shares, then maybe his representation of SANDD products will end as of July 25,2021 when the contracted initial 2 year period actually ends. As far as the status of their current relationship no DD is necessary. Visit their website and you will see this:
Now when you order your SANDD you can save money by using the code DREW2020. Go ahead click it: https://nomoresharps.com
This narrative you are trying to build reminds me of this old commercial:
Already answered last week:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157826161
Rehashing the same conversation that we had last weekend about the exact same subject?
You might remember from our conversation that both companies are convertible note lenders, suing to enforce their rights to convert notes last year. Both matters were completely resolved last year. Also thanks to Klug's clever exchange agreement the OS grew by less than 2 million shares at the time instead of the 50 million shares Auctus Fund wanted it to grow by.
Now anything else you want to add to that, you can read in publicly available court documents. Enjoy your onion peeling.
Yeah this hasn't turned out the way I hoped, and I lost confidence in this company during the winter. That is why I stopped posting here months ago, although I maintained a smaller position here until the small bounce earlier this month. I sold my last shares here on the 12th, because the company didn't mention the end of their debt agreement or a merger by that time, and I knew it had to happen this month. I figured out the merger last year, but figured if it was going to be a good thing for us they would have mentioned it before the shareholders meeting. I thought an RS was possible, but 2000 to 1 is almost hateful. I have to admit that you were right to flip when you did, wish I had too.
Do you have any specific filings related question to ask at this time?
I don't think a lost would be as bad as you are thinking it will. The case has already been appealed so if they lose the company would get the $119K back if the appeals court overturns the payment acceleration. $400K didn't kill the company, so $119K won't either, it would just be better spent elsewhere, the ridiculous thing is that if Klug had sued Schreiber right away instead of trying to work things out with him the company wouldn't have had to pay him one dime.
There has been dilution, but not the pump and dump kind, the strategic building a business back up from nothing kind. Anyone who wants to ignore the fact that the company has paid Schreiber $400 K this month, and yet to be announced hundreds of thousands of debt in convertible notes ( over $300K in notes paid off last quarter), while generating over a million dollars of revenue since the end of March, either has an agenda to hurt current investors, or has spent too much time listening to those who have an agenda to hurt current investors.
Tomorrow morning at 10 EST is a good time for me, and it only takes a few seconds to send a question via IHub, so there practically no reason for her not to ask me at that time.
Now tomorrow morning at 10 EST Schreiber his attorneys, and Redhawk and their attorneys have a Zoom type video conference so it would be difficult for one of them to be on IHub at that same time. So as long as Buttercup is not involved with that hearing tomorrow morning at 10, I'm willing to help her view a filing.
Actually, on second thought if you can remember to post a public message tomorrow morning between 10:00 and 10:15 EST asking me to post any specific filing, I will do it.
No I can't, it is an 8 page document that only argues the case from Schrieber's perspective, to provide balance I would then need to post Redhawks equally long arguments, and that's a lot of work to put into something that might not even matter after tomorrow. Everyone should be aware that there will be a hearing tomorrow morning at 10:00 EST, at which time the court will rule on the validity of the arguments presented in the many filing related to this case. Just so everyone has an idea of how many filings there are the filings below are from just this week alone:
I don't have time right now. But I have an opening tomorrow morning at 10:00 EST. If you post your question at that time I will do my absolute best to help you with any questions that you have.
I don't know what anyone not affiliated with Schreiber is doing, but I am paying special attention to this document filed by Schreiber's attorneys a few minutes ago:
So at least in the case of Schreiber he wants the company to pay him money first, and allow the variable convertible notes to go through crushing the stock price. Instead the company has been focused on extinguishing convertible notes first meaning that as soon as Schreiber is paid off Redhawk will be completely caught up with all its debts. Good for us but bad for Schreiber.
Hopefully everyone of you who live in the areas impacted by the hurricane are safe this morning.
I suspect it has been being fixed for a little while. But we will all know soon enough.
If you are right, you're right and it doesn't matter what anyone else says. That said, I'm still optimistic about the future here, but my optimism is based on seeing the whole picture, which requires me to see things as they actually are, not how I might wish them to be.