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$3 would be a $350-million dollar company. We are a long way from that goal. You won't be getting your money back anytime soon. You are too negative, so that's a good thing as far as justice is concerened.
This will bring our top line down. But, bottom line up, in theory. Lots of unknowns still. But $3? Kick yourself. Those were multiples given to you by Mr. Market. Not me. Mr. Cannabis, to be precise. When this company gets to $100M sales with PROFIT and growth, then you can have your $3.00 and have it justified.
Till then, you are my slave. Consider this indentured servitude on your part. You can earn your freedom with a good attitude and when/if we reach our goals. That's what you get for buying high and telling big tall stories that defy logic and have no supporting evidence. Shackles for you.
GREAT NEWS
Helix sold its security business:
DENVER, CO / ACCESSWIRE / August 4, 2020 / Helix Technologies, Inc. (OTCQB:HLIX) (the "Company") announced today the divestiture of its security guarding business. The strategic decision to sell the guarding unit solidifies Helix's transition into a pure play technology company focused on the cannabis industry.
It doesn't say for how much. I'd really like to know. But this is MUCH better than a loan or a capital infusion of some sort. This improves margins, which it notes in the PR. I think it's great that's how HLIX started. I've been sold before. My job remained. This is a great move to go after Kern. And maybe we can do some debt consolidating with this? I just don't know how much we sold this business for.
Labor was/is one of our biggest expenses. This is the most labor-intensive of our businesses too. Maybe this will push us to profitability on a recurring basis? I sure hope so. This makes me happy! I jsut want to know numbers, which will come to fruition soon enough.
Our margins we already on par with KERN's, and we had this much lower margin business. Die, you f#$#@ing #$@%@ KERN! Let's go after these infidels the way Hannibal marched on Rome! Death to KERN!
I also feel like KERN is going to implode for all its aggressive acquisitions. After Jessica sealed her fate as a millionaire at $10.00. All those shares coming to market, all those restricted shares to have their shackels removed. Where will HLIX and KERN be at this time next year? We can just finish them off. Hannibal told his calvary to just slash their hamstrings and come back and finsih them off later. Don't waste time after they are maimed. Heck, it looks to me like Jessica is going to cut off her own hamstrings. We can just finish them off after their own self-inflicted wounds. It's a SPAC, after all! With Alan's, the confused cannabis analyst, endorsement no less.
Stay tuned! This reminds me of Hannibal when he was just a boy killing hostile natives on his turf. Rome underestimated him. Taking a bunch of elephants across the alps? Never say never! Don't ever underestimate the determined mind.
My Updated Theory:
I also don't believe, Rich, that that crypto global bank is going to be what emerges. I used to believe that. I have not seen any updates on that. I think is something than ran its course. And some same players were involved in that. I think it's going to be something different. What it is, is anybody's guess.
But that's just a theory. I have no idea.
Quite Interesting, Rich
I'm from the past. I made very good profit here. I'm back with a much smaller position. I also have a 100,000-share order in at .025. It may never hit
Just like Mikkel becomes Michael in the series DARK, I too have many names!
You pointed this out on the last filing:
https://www.otcmarkets.com/filing/html?id=14278758&guid=O0qFUWqCcm-p-3h
"At July 14, 2020, there were 12,508,011 shares of common stock outstanding."
If that's true, it's amazing. I want to believe it's true. I can't verify it. Even the transfer agent is showing 105M shares, and yet it's updated as of July 21. A full week after this alleged share count. So, is the transfer agent not counting its own beans it's in charge of and going off old data from this exact, same filing? Looking at a pre-determined place to look fast?
105M is the audited share count at end of March 31, in that same filing. But this filing, IFFF true, means something happened between March 31 and July 24. We can rule out a reverse split. So what's left? Only the retirement of shares is what I can think of. It can't be your shares. They retired shares some person(s) held. I'm guessing by agreement. IFF that number is true.
Errors are possible. And that would be a big error. But it might true, too. No amendments have been made yet. I would like to believe it's true. If it's true, it's really good.
China's Birth Pangs
I see what you're up to, Mr. Market. Trying not to make noise over there. Buying up the Chinese lady that can't give birth. Over 8,000 shares today, and now the ask moved to the 30s and you don't want to hit it so as not to cause any alarms to go off.
Don't think I don't have eyes on you. You son of $#@%!! If you want tap water, you are going pay fresh spring French, imported prices! I'm tired of trying to talk logic to you. I OWN YOU!
And as for your other deluded self, you HLIX mongrul, we'll talk more. I'm not done with you either. Because after I make you partake in the Hong Kong feast, we are going to discuss how your HLIX hand is going to pay for my free shares of KHIRON.
I did not stutter.
Riddle's Solution Continues:
07/24/20 10:36AM EDT Sell 100 GGRN Executed @ $0.0745
07/24/20 10:36AM EDT Sell 8900 GGRN Executed @ $0.07675
Now only 1,000 free shares left.
Is GGRN, a cannabis shell, worth $8M as HLIX is worth $11M? Well, they don't report so how could you know? But I'll venture an educated guess that, no, they are not worth anything near what HLIX is worth.
If Mr. Market is your guide, I've got some beach front property in Nevada I want to sell you.
Good for them. Those are unrestricted shares. Perfectly legal. That's the reason they have them. To sell them.
Personally, if I were in their shoes, I'd double the selling just to spite you. The only thing that matters are convertible notes at this time.
It really doesn't matter what they do in terms of buying and selling. If it did, you'd have the perfect system for making money. And no such system exists. You have to think in 3-d to make money in the market. A dept you are seriously deficient in.
KERN is down again today. Doing what Spac's do. Suck people in with the high price from low float, and then drift down. And down, and down... Jessica sold up there at $10.00 and became a millionaire. I want to see her market cap equal to ours. So thath I can buy her too.
And maybe she can buy HLIX. Or we can buy her one day. It doesn't matter. I'll be in both by then, and nothing you said today will matter at all. If the insiders dont care about the optics, I sure as heck don't care. And if it keeps you away, then all the better.
Tell me when you sell your shares with a time-stamp, please, on the day of execution. That's all I want to know.
The only thing you mighit be right about is that they don't care about you. I can't read minds, but I can assure you that I don't care about you. So add me to the list of people in your mind that DON'T CARE about you.
You'll find that to be impossible. But have fun trying.
Wrong. That's the choice I choose. I never leave myself with no choices.
For you, I think your only choice is to stick around, however. Your $200,000 loss is pure negligence on your behalf in my eyes. No reason for you to sell now.
I would urge you, however, to make the choice to NOT attend the next conference call. Or if you must, please ask intelligent questions next time. I'll help you with some good questions if you need it.
Also, please make the choice to put Zac on the record confirming or denying your alleged stories that have no supporting evidence. Although, I'm sure you have NO CHOICE but to deny this request because all your stories constantly change and come with zero corroboration. And fairy tales have no choice but to be regulated to the realm of fiction. And remain there until they can be verified. Like the story of Peter Pan. The burden of proof to all these stories do not fall on the reader. They fall on the shoulders of the story tellers.
My Investigation has Concluded:
My findings are these: HLIX has toxic financing. And the majority of shares are restricted. Therefore, Steve Janjec and others are trapped and taking a severe beating. Torture, in fact. And rightly so. The pain being inflicted on them should cause division and strife within the company. And that's a good thing.
Zac and Scott and others continue to sell through a third party at lower and lower prices. Self-inflicted wounds. Their company is worth more, but with each conversion, they dilute themselves. They dilute Janjec, they dilute them selves, and theu dilute us. And they lose value with every dilutive spillover. So, they are beating their heads on brick walls. And rightly so.
Garvis Toler comes from the capital markets. He should be furious. His future is at stake. So, therefore, I'm not worried. I can handle it and will buy 100,000 at 3 cents as a welcome metaphorical punch in HLIX's mouth. Because they'll deserve it. And so will I.
So, this their ultimatum. Fix the situation. Or, be diluted in half. And rightly so. If they fail, they get justly punished. If they succeed, they get justly rewarded.
Therefore, I stay and will buy 100,000 shares at .03 IFF it goes that low.
KERN keeps falling too. Both of our market caps are variables. KERN's is under reported as they have many shares not reported yet. And ours is also underreported because we don't know the full extend of what the full dilutoin will be. But the known gap of KERN's still far exceeds outs, but it is closing in. The reported gaps have becoming smaller, as KERN gets closer with its low share count, which is inaccurate. Their stock is also has a 6 percent short squeeze on it, which is high. Ours has a high short situation you can't see with no squeeze because our shorts are toxic debt holders that have zero downside. Which comes back to Scott Ogur. And he shoud be held accountable. Fix the situation. They have no choice. Or they die. And rightly so. I'd suggest a medieval torture chamber, but I'm sure the stock is torture enough for them.
Next year, a verdict will be delievered. And whatever verdict is delivered, I'm poised to be justly compensated no matter how these turn of events unfold. For 3 or worse, matters not. Bring it on!
Now what, you ask?
Well, first of all, you don't cry like a girl. Roll with the punches or leave. If you are still crying over $200,000, you never should have taken the risk. I'd suggest go punching yourself as punishment. Maybe jump off a bridge? I don't know. I can't speak for you.
For me, I'm keeping an eye on the OS count. I think your 3 cents sounds sweet. If that's dilution, I'll just take 100,000 at 3 cents. Toxic or not, that should be good. It's not eternal dilution. If the insiders have any self-respect, they'll fix the toxic situation. If not, well, that's life. Don't risk more than you can lose.
Assume the position if you are you. That's all I can tell you.
OTC Dated 7-2-20
https://www.otcmarkets.com/stock/HLIX/security
Just for the record, the last update from the transfer agent on HLIX's OS was on 7-2-20, which reads 114,447,768.
On May 20th, the last 10Q said this:
As of May 12, 2020, the registrant had 97,924,212 shares of its common stock, par value $0.001 per share, outstanding.
https://www.otcmarkets.com/filing/html?id=14154906&guid=O9fFUKuv_evUV3h
Toxic conversions this low are extremely dilutive. Hence, toxic. Keep an eye on that number. That's what mgmt. needs to address. If it starts rapidly rising, they punish themselves. They need to address that.
Putting this number on this time-stamp for the next update from the transfer agent. We don't want to see toxicity. I do admit, there is a lot of selling going on here. And it's not from insiders. If that number starts rising without explanation, it's toxic conversions. And our CFO is going to need to be held accountable. That would be theft of shareholders. Debasement. Unintentional or not, matters not.
Weirdly enough, somebody is buying the Chinese lady that can't give birth today. And I control the majority of water there.
Things are getting interesting. First the desert, now the water. She's actually legitimate. Incompetent, but legitimate.
See, if you have skills and legitimacy, that's not always good. But 3 cents is good! 3 cents is excellent, DA.
That's okay. I'll buy all 100,000 shares of your stock at 3 cents. I'm flush with cash for it, after being fed by the riddle.
That would put me at 140,000 and some justice in the world. I can't think of better people more deserving to be F'd over by Z's alleged "plan." Of course, if it was a plan, how does that explain you taking it on the chin if you "know" this?
I can't think of a better person more deserving than Mr. DA to transfer his bank account into mine. :)
3 cents it is then. I'll take it.
Riddle 1 and 2 Solved
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157051844
Irrefutable time-stamped evidence.
$7,260 profit in just a short amount of time. Sadly, I have to pay high taxes on that for not holding for more than a year.
Easy money.
'
HLIX, being the more legit company, is going to have actually work. Sorry to say, but that's how this world works.
Riddle Revealed:
Gross PROFIT on GGRN made is $7,260 off an original cost of $1,514
In the post I'm referring to, I said:
I just ran into your moniker on another penny. You are oging to make a lot of money on it if you stick with it. I want a position... ...A nice reverse merger there. You'll know the meaning of this riddle when the time is right on this reverse play of my original moniker: "Nice return GreenGenie."
My original moniker is GreenGenie:
https://investorshub.advfn.com/boards/profilea.aspx?user=215567
I mean, ancestor or my original paternal line is what I meant. "Nice return GreenGenie" in reverse (the reverse play) is GGRN. The first letter of each word in that phrase N-R-G-G but in reverse: GGRN.
I was only able to buy 200,000 shares at .00757. And I sold it all except for 10,000 FREE shares for a gross profit of $7,260.
07/21/20 11:04AM EDT Sell 13445 GGRN Executed @ $0.054
07/21/20 09:54AM EDT Sell 71000 GGRN Executed @ $0.054
07/21/20 09:43AM EDT Sell 5555 GGRN Executed @ $0.054
07/06/20 12:01PM EDT Sell 87500 GGRN Executed @ $0.04
07/06/20 12:01PM EDT Sell 12500 GGRN Executed @ $0.042
05/13/20 12:39PM EDT Buy 8527 GGRN Executed @ $0.0075
05/11/20 13:14PM EDT Buy 42500 GGRN Executed @ $0.008
05/11/20 10:20AM EDT Buy 1000 GGRN Executed @ $0.005
05/01/20 12:06PM EDT Buy 62285 GGRN Executed @ $0.008
04/28/20 10:14AM EDT Buy 14312 GGRN Cancelled
04/28/20 09:51AM EDT Buy 10000 GGRN Executed @ $0.008
04/14/20 14:19PM EDT Buy 69688 GGRN Executed @ $0.008
04/14/20 11:36AM EDT Buy 6000 GGRN Executed @ $0.008
I made a 2nd part to that riddle as further verification of this riddle in this post. Riddle 1 *in this forum) is the key to Riddle 2, and Riddle 2 confirms the answer to Riddle 1. This post is time-stamped July 6, 2020.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156708785
The Great Siegel
They mock what they don't understand. But there is a dark force emerging in a distance land. A filing that occurred over this July 4th weekend, which is a step in removing the skull and crossbones of the RIDDLE for the wise. On the first page are the numbers 8565. And they belong to an address. Where VIRTUAL executive offices are offered. Ha ha ha... In the land of sand. Where the mighty Bugsy Siegel built some the first mighty palace of one-armed bandits before he was shot between the eyes.
That would be this filing on GGRN:
https://backend.otcmarkets.com/otcapi/company/financial-report/251348/content
The skull and crossbone at OTC on GGRN are still there, but not for much longer. This filing has 8565 at the very top of it. Part of a full address:
8565 S Eastern Ave.
Suite 150
Las Vegas, NV 89123
Here is that same address, verified on this website for VIRTUAL OFFICES in the riddle above:
https://easternexecutivesuites.com/
"In the land of sand" according to the riddle. Las Vegas, Nevada, built in the middle of a desert. In fact, it was started by Bugsy Siegel, gangster of the NY mob, who built the first casino (with one-armed bandit slot machines) and made Las Vegas what it is today. Before he was shot between the eyes. His murderers still unknown to this day. But we have a good idea it was his own people. Dirty rotten $@%stards!
---------------------------------------------------------------
10,000 shares remain in GGRN. Just to see what happens. They issued a PR today of a pretty website:
https://finance.yahoo.com/news/global-green-solutions-inc-ggrn-130000942.html
Thank you very much!
HLIX Cash
In the post I'm referring to, I mention an *alleged* upstart competitor to HLIX.
07/06/20 12:01PM EDT Sell 87500 XXXX Executed @ $0.04
07/06/20 12:01PM EDT Sell 12500 XXXX Executed @ $0.042
100,000 shares out of 200,000. That's $4,000 less cost of $1600 which is $2,400 profit and 100,000 FREE shares of XXXX ( to be revealed when 2 riddles are solved) Riddle 1 is the key to Riddle 2
Behold: 76,000 shares out of a 90,000-share order have just fulfilled at .054. That company just came out with a beautiful website. At least, for ahile, while it's fresh. Animation, unlike HLIX's much more comoplicated, yet less visual site.
When this order is filled, that's going to be a good $8,000 NET PROFIT from a small investment. And, I'm trying to buy a 100,000 shares of a different scam stock trying to emerage at .025. I'm actually returning to an old stock that made me over $21,000 in profit, which I put into Macy's with insurance last year.
That means, HLIX is breakeven for me. Paid for by Mr. Market.
The riddle shall be solved tonight with time-stamps. Hard evidence. 10,000 FREE shares will remian there as that stock could sore. It could go to 50 cents. Or not. Or a $1.00. Who knows? But is it worth more than HLIX? Well, you can't see anything yet. But I'd venture a good guess that, no, it's not.
I like HLIX. This is a good price. Just not as exciting for my business partner.
A Re-Financing Example:
I'm going to talk about this PHUN financing because I want HLIX to do the same. It's relevant. I just want that clear to all that think I"m a public servant here. I don't work for you guys. I work for me. Steady Kickers never quite grasped that concept in its totality. Few do. You have to be a contribution to this world. If you are going to lecture others, you should do so from a position of worthiness. If you contribute nothing, you are worth nothing. So, your opinion matters not.
Now, on to refinancing for HLIX. The next step in my visionary expectations of Helix. Here is another VERY REPUTABLE source in Canaccord Genuity that I think Scott, our CFO, should pursue. PHUN was going backwards and approaching our sales. A SPAC like KERN, that crashed and burned. But they may be on the rise. It's hard to know. They've had so much PRs lately about new deals. The stock is up on this refinancing below. Notice how they, unlike us, have convertibles now WELL OVER their current share price. That's NOT TOXIC.
it has entered into a refinancing transaction on terms more favorable to the Company for the issuance of senior convertible notes of the Company in the initial principal amount of $4.32 million (the "Notes") with a maturity date of December 31, 2021, pursuant to a Securities Purchase Agreement by and among the Company and the same institutional investor (the "Buyer"). Canaccord Genuity, LLC acted as sole placement agent (the "Placement Agent") in the transaction. Upon closing of the sale of the Note (the "Closing"), the Company is expected to receive gross cash proceeds of $1.75 million after paying off the note issued to the Buyer on March 20, 2020, as well as applicable Placement Agent and legal fees in connection with the transaction. The obligations of the Notes are to be repaid by the Company in cash only, but at the Buyer's election, may be converted at a fixed price of $3 per share subject to certain adjustments. As additional consideration, the Company also issued the Buyer a warrant for the purchase of common stock representing 30% coverage of the principal amount of the Notes that are exercisable in cash for $4 per share.
And then they have this about registering thsoe shares. Called S-1 registration, which Whatsup improperly understood as "dilution" for no reason. See, that's a legality for what already was, as shown below:
The securities sold in the financing transaction have not been registered under the Securities Act of 1933, as amended, or any state or other applicable jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions' securities laws. The Company has agreed to file a registration statement with the United States Securities and Exchange Commission registering the resale of the shares of common stock issuable upon conversion of the Notes sold in the financing transaction
Now, I want to consolidate ALL our toxic mess. Because we fell below .90 and that initiated a toxic brew. But at the same time, they offered me a great value price I think. so I'll take their own poison pills, so to speak, and their price to pay for my second-wave of position of strength. I feel like this deja vu, only fast forward to the future of so much we've accomplished. Now I have all this hard work for a discount because of a lot of reasons. A refinancing such as above would really fix a lot of issues I think. I seriously think if Canaccord Genuity likes PHUN enough to do that, they should like us as well. PHUN has nothing over us but a little more sales at this time, but they have that Nasdaq listing. Which they got there in the same way Kern did. By cheating in my eyes. Through the SPAC loophole. Neither one of them earned their place there.
Great Letter out 2 Days ago:
https://info.mjplatform.com/hubfs/072020%20MidYearReview_final.pdf
From Jessica. The enemy of Rome! The Queen of Carthage herself. It's written by KERN and concludes with KERN. Reminds me of the book my aunt brought once all about Ted Cruz. His stunning biography. Written by Ted Cruz himself, concluding in the finale of Ted Cruz's greatness. Makes one want to puke.
HOWEVER, she has some great stuff in there for our situation. She speaks of the landscape that belongs to Rome! And Rome alone! Some great excerpts, since we are like them in ways. We have greater sales, greater margins, competing for many of the same customers.
---------------------------------------------
Companies have lost on average 75-90%
of their public market value; we are still amidst
this downturn today. We predict that many
companies will be delisted, consolidated, or go
away completely.
And yet, something interesting is happening simultaneously.
The cannabis consumer does not care what is happening in the public equities markets. While the equity markets crater, sales of cannabis climbs. Consumers care about access to the products they have come to rely on and are increasingly exploring...
... Many such as Forbes, predict more than eight new states will legalize this year, which would be more than a 50% increase in new markets.
______________________________________
MY COMMENTARY: Pardon the interruption. But that #$@%@ stole my source. I just posted from Forbes yesterday. Great minds think alike I guess. Carry on.
__________________________________
We believe that because of all of this, we may be at the precipice of a global reset in which the cannabis industry may legalize faster than ever, have revenue when most of the world is shut down, and continue to grow its sales faster than anticipated.s we said before, history doesn’t repeat, but it rhymes. We have an inkling that the rhyming in this market today may lend itself to songs of the past. Time will tell.
MY COMMENTARY: Yes, I hear that song. It's been playing in my head and the lyrics written in this forum in many different tunes. And don't forget about the siren song of the SPAC, Jessica. I hear you. And that's why I'm in HLIX and want you at HLIX's market cap price tag today. Or whatever is a fair value price because you are not value. But you are right about your history and this industry.
Forbes tackles the bull case for cannabis:
https://www.forbes.com/sites/kriskrane/2020/07/15/us-cannabis-stocks-a-good-investment-in-a-bad-economy/#617480bd1238
The past year has been a tough one for publicly traded cannabis companies, particularly multi-state operators in the United States, many of whom have seen their valuations drop to a quarter of their early 2019 highs. This decline in value coupled with the current Covid-19 virus-fueled economic downturn has many investors sitting on the sidelines. But a host of factors are brewing that could cause a powerful tailwind for the U.S. cannabis industry.
Many U.S. operators, particularly those with a strong focus on operating fundamentals, have already started to see their valuations rebound off the lows from late 2019 and early 2020. But these companies should still have lots of room to grow. In fact, a strong argument can be made that many American cannabis stocks are attractively valued compared to their current and anticipated long-term growth rates.
American cannabis company valuations also continue to lag their peers in Canada, despite what’s demonstrably better recent operational and financial performance and clear sight lines in larger addressable markets. Canada has already legalized cannabis nationwide, and while implementation has been slow and rocky, it is no longer in its initial phases. In a country of only 37 million people, Canadian cannabis companies like Canopy Growth and Aurora must rely on nascent international markets to substantially grow their revenue, while in the U.S., only 11 of 50 states have legalized for adult use and cannabis remains a Schedule I controlled substance at the federal level, leaving lots of room for growth and expansion at home in a country with nearly ten times Canada’s population.
____________________________________
I'd say everything above is true of HLIX.
I'd say that does not apply to KERN, our competitor. Since they are a SPAC and down today, with lots and lots of fall to go. SPAC's are exceptions to the rule. They get catipulted out of orbit with no wings, and come right back down to earth.
Next year: HLIX vs. KERN -- 365 days from now. Will be interesting. Plus, they have Alan's, the confused cannabis canalyst, recent endorsement which "isn't and endorsement."
Nobody with $20 million would understand the world as you see it.
I'm not a day trader; I'm not a gambler. I'm an investor. What part of next year comparisons to KERN did you not understand?
The Deed is Done:
07/16/20 13:47PM EDT Buy 5000 HLIX Executed @ $0.1124
07/16/20 13:47PM EDT Buy 5600 HLIX Executed @ $0.1124
07/16/20 13:47PM EDT Buy 9400 HLIX Executed @ $0.1124
I changed my order from .11 since over 150,000 were on the bid to .1125. Filled.
So I'm now the proud holder of 40,000 shares of HLIX at an avg. cost of .29195 per share. 10,000 shares were purhased at .12 a few months ago, and 20,000 today at .11.
When I first started this adcenture, I had only 10,000 shares if memory serves correct at .10 cents. And a trip to $10.00 for $55,000 in net profit. Selling along the way, not all at $10.00. No crystal ball here.
And now, I have 4 times as much with liquidity. I remember back then, they said the fact that the spread was high and no liquidity was a bad thing. Err, yeah...
That's all I need. Now I'm in the same boat with our restricted accredited investors from last month's capital raise, and I have the floor of the new conversion rates of 4 notes. A p/s less than 1, and a huge discount to KERN.
Let's see how the cards fall. Let the games begin!
My complete share-purchase history below. On 3/9/18, I bought 1,000 shares at $1.90. That's a ten cent discount to Whatsup alleged buy of 100,000 shares at $2.00.
I spent in total $11,000. Off the $55,000 profit, that's still paid for in full by HLIX. So, it's good. Value at this time is a little over $4,000. So, paper loss of a little over $7,000. Paper loss off of $55,000 net profit, that is, so HLIX so far has paid me something like a net gain of $44,000 if you include the taxes I had to pay.
Whatsup, I will take your shares off of you for 3 cents. If you you get your offer price. Deal?
Symbol Last Price $ Change $ Change % Qty Price Paid $
03/09/2018 0.1115 -0.0094 -7.78% 1,000 1.90 -9.40
08/06/2018 0.1115 -0.0094 -7.78% 1,000 1.00 -9.40
02/26/2019 0.1115 -0.0094 -7.78% 1,000 1.55 -9.40
10/09/2019 0.1115 -0.0094 -7.78% 7,000 0.54 -65.80
03/17/2020 0.1115 -0.0094 -7.78% 10,000 0.12 -94.00
07/16/2020 0.1115 -0.0094 -7.78% 9,400 0.1124 -13.40
07/16/2020 0.1115 -0.0094 -7.78% 5,000 0.1124 -4.50
07/16/2020 0.1115 -0.0094 -7.78% 5,600 0.1124 -5.04
Helix Addresses Dilution
First, congrats on the baby girl, Hidden. Sorry for all the graffitti. Believe, I'm able to legally erase 50% of it. The rest falls through loopholes. At least, I'm going to suggest no more rif raf allowed in the conference calls. That's going to be one of my suggestions when I submit my questions.
Now, to Helix. I didn't notice an 8K filing last week.
https://www.otcmarkets.com/filing/html?id=14269030&guid=XTbFU6aQxAozZ3h
It addresses 4 dilutive notes that were up for maturity this month. I'll just post one from that filing and juxtapose it on the original note, which is similar to all 4.
The amendment states:
On July 9, 2020, Helix Technologies, Inc. (the “Company”) entered into a First Amendment to 10% Fixed Convertible Promissory Note to the note dated October 11, 2019. The amendment reduces the “guaranteed” interest rate from 10% to 9% per annum, the conversion price was reduced to the lesser of $0.11 or 70% of the average of the five lowest daily VWAPs of the Company’s common stock during the 15 consecutive trading days prior to the date on which the holder elects to convert all or part of the note and the maturity date is extended to June 26, 2021.
And that addresses this note from the last 10Q:
On October 11, 2019, the Company entered into a $450,000 Fixed Convertible Promissory Note (“Note Thirteen”) with the investor. The investor provided the Company with $427,500 in cash proceeds, which was received by the Company during the period ended December 31, 2019. The additional $22,500 was retained by the investor for due diligence and legal bills for the transaction and was recorded as a debt discount. Note Thirteen will mature on July 11, 2020 and bear interest at a rate of 10% per annum, payable by the Company in cash. The principal balance of Note Thirteen is convertible at the election of the investor, in whole or in part, at any time or from time to time, into the Company’s common stock at $0.90 per share for the first 6 months and thereafter at the lower of $0.90 per share or at 70% of the average of the five lowest daily VWAPs of the Company’s common stock during the 15 consecutive trading days prior to the date on which the investor elects to convert all or part of Note Thirteen. In conjunction with Note Thirteen, the Company issued a warrant to the investor to purchase 25,000 shares of the Company’s common stock at $1.00 per share.
It's not good, but it's better. These toxic debt holders have a good hand over us. And it won't clear out for a year as I was saying. And then this pushes some of it out a year futher.
That's bascially saying, rather than convert (which would have happened this week) and short our stock, give us some more time please and will make it worth your while. So, the holder loses nothing. He can still convert at a 70% discount. Instant 30% return to him to sell at market. And the lower the price, the greater the conversion, and hence the greater dilution.
HOWEVER, by extending it out a year, he gets a floor of .11. And so do we. In fact, I put in a limit order of .11 today for 20,000 shares. It didn't get filled yet. This confirms the good price of .11 to me. Not only did an institutional investor get a price of .11 for restricted shares last month, giving us over $1M, but this sets a nice floor for these note holders.
Now they can convert next year at .11. Which is great if the stock is $1.00 Or 50 cents. That's better than a 70% conversion. That's much better return for them. But dilutive for us, unless we can consolidate this in the extended time. And IFFF it drops below .11 before maturity next year, they still get their 70% discount. 70% below .11 is not as good as anything up there above .15. Anything at all above .15 for them is better. So, they lose nothing. Can't complain, Not great, but a lot better.
So, we have a year to get cash positive and rely on ourselves and/or get a big capital injection at much better terms and consolidate all of that debt as I see it.
The other 3 amendments are basically the same as the above. And we got a little reduction in interest too, which is nice in and of itself.
So, I'm going to buy at .11 and have the same price as the accredited investors that are restrictged, and this nice conversion price that is set in stone if the stock is over .15. Anything less, they can revert back to their old formula, but I'm sure they'd rather take a wait and see approach since it's better to convert at .11 on a higher price. The higher the price, the better the return for them. Now there is some better alignment of interests. They lose nothing, and stand to gain everything. I like that deal! Good for all parties. I'd rather be the note holders, but .11 works too! I might just throw inthe towel and just go for .12 tomorrow. We'll see. What the heck.
People quit all companies. Every company in the world has turnover. There are two sides to every story. No company is perfect, no path is straight and narrow.
KERN is falling like a rock on Jupiter.
Looks like a Khiron Life Science rerun happening. Let's hope trend continues for our biggest competitor, Jessica, the great manipulater. She's a millionaire now. Soon, she can buy low perhaps. It's good to be the Queen!
KERN, pre-dilution/acquisition market cap: now at $94M. Although, in reality, much higher when all the dust settles.
HLIX: market cap currently at $15M with some toxic brew overhang for another 10 months *at least* so far . We hope no more cyanide poisoning in the future.
The world must make sense and be logical in the end. These prices, so far, are not logical. But they will be after the fog clears.
I want all 3 of those. On the cheap. More HLIX at .11
A foot in the door already for Khiron. But I want a good foot in the mouth of those shareholders at .21. And don't pour concrete down your pipes. Just leave the keys as the door slams you on your way out. Good to be a foreclosure specialist.
And for KERN. I want Jessica at $15M. And I want her to be subserviantg. Right now, she is a little too cocky. She needs to be humbled, like our two stooges.
Let's hope you are right. 5 cents would be paying $5M for 2020's approximately $20M of revenue. I'll take that too. That sounds even better than your last projection of 7 cents ($7 million). If Mr. Market agrees with you, and I hope he does, I'll be on it. Sadly, you are only one manifestation of my retarded business partner. You may be overruled by one of your other dissociative personalities. I can't ever get a straight story from you, much less all the other voices in your head. So, I'll just go with value and we'll go from there.
You buy at $2.00 and sell to me at 5 cents. Or put another way, you buy $15M revenue at $200 million, and then turn around and sell it to me after it gets to $20M for $5 million. I love the way you think! That's a great deal to me if all your other manifestations can come to that consensus. That's probably how you had $20M to offer HLIX in the first place. Keep up the good work, partner!
This is why you and I are eternally connected. Nobody can separate us. I love you!
Done
07/09/20 Sold -4284 of FPWM @ $0.30 1,279.71
06/01/20 Sold 500 of FPWM @ $0.99 494.92
06/01/20 Sold 500 of FPWM @ $1.005 (Order #1315) 497.47
05/29/20 Sold 1000 of FPWM @ $0.98 974.90
05/29/20 Sold 1000 of FPWM @ $0.96 (Order #1311) 954.90
05/29/20 Sold 1000 of FPWM @ $0.97 964.90
05/29/20 Sold 1000 of FPWM @ $0.97 964.90
About $7,533 in revenue less about $3300 in costs for a small profit of $4,233. That was long accumulation but nto worth it. This company is pure amateurish. I don't like Marty. He just jacks around on Twitter. The float is obviously much higher than it used to be, and he isn't making any noise. Isn't hiring any professionals. Dragging his feet.
Still a good return if compounded, but I was expecting much more. Such a dissappointment.
The only good thing, that money was shielded from Covid. Now to put it to better work. Good luck to all. I hope the pump comes one day for y'all. This is an example of negligent marketing to me.
My oh my...
Just 20 minutes later, and Alan is already having a temper tantrum. He said, " I am not recommending Akerna (or any stock in this article). I don't give a crap about HLIX. Sorry I bothered responding to you..."
Okay, so he's not recommending Kern. Let's see what ticked him off, since he has no rebuttal. I said,
"Very well. You mentioned, "Akerna was able to sell a private placement convertible debenture to two institutional investors in June"
I assume you are refering to the $17 Million Debt Financing
From the 8-k: "The financing is in the form of a Senior Secured Convertible Note (the “Note”), which is convertible into common stock at $11.50 per share. The Note, maturing on June 1, 2023, has a face value of $17 million and is being issued with an original issue discount of approximately 12%. The Note does not bear interest except upon the occurrence of an event of default and is to be repaid in monthly installments beginning on October 1, 2020."
It sounds great on the surface. That does show that they need more cash. As I said, they would be out of cash by next year at the current burn rate. OID's are confusing to me. They generally mean higher risk. You get into PIK and OID's, and you are getting into high finance. Makes my head hurt. The discount to an OID IS the interest.
This tells me that big money is out there for HLIX if they want it. HLIX has the stronger fundamentals to my understanding. They could consolidate all of their debt, and I like the fact that the conversion for KERN is out of the money. However, there are some caveats on the 8K:
The deal is great for KERN because the conversion happens at a high out-of-the-money price at $11.50. However, if they default, the conversion can happen at an 80% discount to price at time of default. And that's more toxic than HLIX debt IFFFF they were to default. And they have left plenty of doors open for them to default under their definition of default.
But the COVENANTS leave more room for violation. Such as:
The Company also will be subject to financial covenants that requires it to maintain available cash in the amount of $8,000,000 at the end of each calendar month, subject to reduction by $1 million for each $3 million of Principal paid or converted with a floor of $5 million, a six month cash burn limit of $8 million and a quarterly cash burn of $4.5 million not to exceed $2.5 million in any one month.
So in reality, that's just a $9M loan to work with. The other $8M to be held as hostage earning interest in the form of a "discount." They have to travel the straight and narrow. So many rules to abide by, and if they weave or stray off that road in any way, they can get sandblasted.
They have really high cash burn right now.HLIX, on the other hand, are so close to cash neutrality and have better margins. The two companies are close in annual revenue comparisons. I bet HLIX could do something big like this. But they should be able to get better terms. I'd love to see them reach profitability and what kind of offers they could get.
This financing came from "two institutional investors" so this must be what you are referencing.
The facts are these: KERN has a much stronger balance sheet than HLIX. HLIX, however, is much closer to profitability with toxic financing *to my understanding*. If KERN messes up, they can become highly toxic, and they are beholden to bondholders with great cash burn and high expectations.
Does this give HLIX more flexibility in the future? Does this corroborate Zac's testimony that offers are better these days? That all seems to be the case to me.
How will these two companies compare 365 days from now? That will be very interesting indeed!
At the end of the day, as of today, you pay $120M for KERN for less sales, higher cash burn, but better balance sheet (for now). But for a 90% discount, you can have HLIX for $12M with greater sales and significantly better margins, closing in on cash neutrality. "
The guy is always testy. That's why I said, Jessica knows how to stroke a narcissist's ego. She is manipulative. Me, I'm just about truth.
KERN is already falling. It has a long, long way further to fall. Mark these words.
Here it comes...
Alan has replied. He says, "HLIX remains a huge stinker in my view. I would steer very clear of that one..."
And I ask, what makes KERN, a SPAC, not a stinker? What have they got over HLIX? Have you ever seen a SPAC end well, I asked. I hope you can read the replies. Not sure if you can without a membership.
Here we go...
Actually, I was thinking .50 might be on the high side in today's market. I think this price is value, but that assumes continue growth and they get better funding. I'd like to see them consolidate all their outstanding loans. That's what I'm hoping is on the horizon.
I think the only optics that matter are profits. If they get there one day, and the stock doesn't move, they can buy back their own shares and retire them. If they succeed, the stock will succeed. That's all that really matters to me.
No quality analyst will follow Helix because it's a penny stock in my opinion. Even if KERN finds itself in the pennies, they'll lose interest. There are charters. Money likes money and nothing will keep money away from money . So, just show the money. Plus, right, there is lots of value. And lots of people are hurting. Lots of uncertainty out there. This company is just an adventure to me I'm living vicariously through in the space Pablo Escobar once dominated. One of many expeditions I'm currently on. It's more than just an investment to me. It's an adventure.
I DID, HOWEVER, just post a comment on that link. I'm Racer X there. Just for you. Just to spark conversation. That Alan is rude. Here it comes. I just opened up a can of worms. But since I'm all about truth, I don't have to worry about keeping my stories straight. Like, ahem, some people we know....
That's all true.
It appears my link was broken. This one should work
https://seekingalpha.com/article/4357282-cannabis-investors-may-be-overlooking-this-part-of-market
Unless it requires membership. I can't tell because I'm always logged in.
We are on otc too. That would shut out lots of potential. But somehow, stocks will follow fundamentals in the end. Personally, I believe we are priced correctly under 50 cents. Time will tell all.
Alan could legitimately claim that his article is only for those on upgraded exchanges like the Nasdaq. And KERN got up there by a SPAC loophole. I don't think they deserve to be there, but that's what deregulation. It will cheapen those "upgraded" boards in the long haul too, I think.
I'll still take HLIX at 10% of their cost with its higher sales and higher margins at this time.
KERN on Alpha
As I said, Jessica has Alan the confused analyst wrapped around her finger:
https://seekingalpha.com/artic
6 Ancillary Companies Trade on Major Exchanges
Akerna (KERN) is a relatively new company following MJ Freeway merging into a SPAC a year ago. The company, which was just added to the Russell 2000 index, has closed two acquisitions, and shareholders have just approved a third. For a company that has been around for a very long time providing essential software to the industry, it has generated disappointingly low revenue to date. The acquisitions add additional opportunity on several fronts, and I am hopeful that the company can continue to use its public currency to build a larger entity. MJ Freeway has had challenges in its Leaf Data business, where it serves Washington, Pennsylvania and Utah.
I follow Akerna, including it on my Focus List at 420 Investor. I also find the warrants (KERNW) to be quite interesting. The valuation is expensive in my view, and I would like to see stronger revenue growth. Before including the shares to be issued for the pending Ample Organics acquisition, the stock has a market cap of $112 million (based on fully-diluted in-the-money shares), which is more than 11X annualized revenue from fiscal Q3. The company got a reasonable price on the Ample Organics acquisition, and, while it will boost the market cap, it will also help on the revenue optics, as the company is generating substantial revenue.
She knows how to manipulate and stroke a narcissist's ego. Clearly, Helix is a better value. Those shares he's talking about are massive, far overshadowing those coming "optics." And, their sales are currently lower than ours, and their margins significantly lower. We have 1/10 the market cap. And when minnows swallow whales, it's always a case of indigestion.
Truth is going to come out of the shake. It's very important for this analyst, btw, to be not wrong as opposed to being right. Another characteristic of a narcissist.
The focus of his article is the ancilliary business. He refuses to include HLIX for psychological reasons. But he does make some good points about this segement, which include:
1) One of the reasons why I expect investors to pay increasing attention to ancillary companies beyond the superior listing status is that it allows exposure to the industry without having to pick winners
2) The investor base is very retail-oriented now, but, I expect that institutional investors will see these companies as a smart way to play the cannabis growth theme over the next few years.
Alan also mentions something I pointed out just a few posts below. He says, "Akerna was able to sell a private placement convertible debenture to two institutional investors in June...."
Err, and he failed to disclose the very likely and significant toxic potential of those, which I explained and quoted directly from the filing, and sourced the filing.
Wrong again. What I see are insiders being punished by the power of attorney in charge of monthly selling. They become a selling pressure with toxic debt holders, and therefore reap what they sow. And I like that. Because I want this industry at a fraction of its p/s. At .11 for me to double down.
There is no offer to remember. There is a story to remember. You have yet to offer any supporting evidence of an alleged meeting. Furthermore, IFF such meeting occurred, there are two sides to every story. Nobody walks away from $20M without good reason.
Then, there is the fact that you are angry that they didn't take your alleged $20M offer. I would assume therefore you didn't care about a falling stock price, which contradicts your behavior here. Perhaps you wanted usury interest rates, which would be a good reason for them to walk away.
Plus, your behavior does not match up with anyone that actually has $20M.
Again, you seem very concerned that we believe your stories. You have a chance in the next conference call to put Zac on the record confirming or denying your claims. I predict you will take a pass on that, in line with my profile of you.
SOLD!
What did figure out? I think what I said went over your head. Which was the idea, but not that far over your head. Whatever you think I thought, I think you thought wrong.
HOWEVER, selling half of the scam stock today:
07/06/20 12:01PM EDT Sell 87500 XXXX Executed @ $0.04
07/06/20 12:01PM EDT Sell 12500 XXXX Executed @ $0.042
100,000 shares out of 200,000. That's $4,000 less cost of $1600 which is $2,400 profit and 100,000 FREE shares of XXXX ( to be revealed when 2 riddles are solved) Riddle 1 is the key to Riddle 2, and Riddle 2 confirms the answer to Riddle 1. Don't think too hard, Whatsup. You'll never get it. I'm not even sure you'll understand the answer, but that's okay. I have low expectations for you. I'm going to give you the answer in both Pig Latin and English. Because I think you're special. :)
So, let me go transfer $480 to my tax fund for next year. Some of us pay taxes around here too, Whatsup. Lucky you, you get to claim a $200,000 loss. Taht can carry over a number of years since I doubt you have any profits to cancel out with it.
XXXX is a SEED-TO-SALE coming through. Mighty cmopetition to HLIX. Or so, that's the story. Will the next 100,000 transfer to HLIX in 1 for 1 exchange? And if so, will HLIX be profitable at this time next year? I would argue that since HLIX already had a huge head start, it will be a very good transfer. Becauase at .11, nobody gets that low except for the holders of our toxic debt. So, HLIX insiders are at the mercy of their own toxic brew, and I like that. It's not poison, but it's not just empty calories like a Coca Cola either. It's just a bad taste. For now. A lot can happen in the next two years..
Hint: XXXX is not the ticker symbol of the scam stock.
The Great Siegel
They mock what they don't understand. But there is a dark force emerging in a distance land. A filing that occurred over this July 4th weekend, which is a step in removing the skull and crossbones of the RIDDLE for the wise. On the first page are the numbers 8565. And they belong to an address. Where VIRTUAL executive offices are offered. Ha ha ha... In the land of sand. Where the mighty Bugsy Siegel built some the first mighty palace of one-armed bandits before he was shot between the eyes.
Not the Siegel for whom a poem was written for, which may come to full prophecy this year. No, this is the seed-to-sale company emerging. Currently at .045.
This is a riddle far above the IQ's of the squeaky wheels in this forum. They have a better chance of solving the Zodiac's unsolved ciphers.
From this dark force, great riches will emerge. Returns unbeknownst to the stooges of this forum. Figments in their imaginations only. But it's coming. As competition to HELIX and KERN. Will they panic and tremble in fear. No. But the flock to be fleeced will believe that suck a scenario is plausible.
It's wonderful. .11 is the target. I hope to get KERN in the pennies too. If I could have Biotrack and MJ Freeway at a p/s of less than 1, I'll be a happy camper. I've gone of them. Just need KERN now. There is no assurance KERN will go that low, but it should. And I don't want a foot in that door at that price on a SPAC.
On the other hand, the scam stock is now at .045. That's another seed-to-sale coming through, that has nothing. At least, I suspect it has nothing. I expect promises of many things to come, and delivery of nothing. Kinda like our two stooges in this forum.
Unlike MJ and Biotrack that have something, Those nothing-stocks are the kinds of stocks that go up in this industry. I don't like it. I'm getting nervous. And greedy. That's up to over $9000 in paper profits so far. I'm getting greedy for $20K. It can happen. The pump hasn't officially started. Nor has the dump, although there is some dumping.
I think I'm going to put it all in wind energy though, and then leverage some of that wind into Helix at .11 IFFF the cards fall as I want them to.
For you, I haven't seen any time-stamps of a short position. So, for you, probably a falling stock is a bad thing since you took on the chin at $2.00. Taht means your $200,000 is worth $13,000 today.
So by your testimony, you have 100,000 shares here on the chin, and I have 200,000 shares in a scam stock that was bought at .018. What I want to do is strike a deal with you . I will convert 100,000 of my shares into youra at .11 if we can cross paths. Deal? And then I'll solve my riddle and show you my time-stamp. And I don't want you to talk either. Just nod your head yes or no.
Form 4's at KERN
Jessica at KERN just keeps rolling out the form 4 filings, one after another, at MJ Freeway, our biggest competitor. By my count, she is up to 170,000 shares now in a few weeks that she disposed of. She has joined the millionaire's club, if she wasn't there already.
Guess where that stock is going? DOWN. She's doing it just before and as restricted shares galore are being lifted. SPAC physics. To me, Jessica is all about manipulation. She accuses people of fraud, and she is right to some degree, but then gets caught with her own hand in the cookie jar in other places. So, self-righteous hypocrite. She is seductively beautiful like Medusa. Talks as confidently as Rush Limbaugh, and knows just enough to cherry pick and give investors what they want to hear. She even has Alan, the confused cannabis expert/analyst, wrapped around her finger. The one that called this one "third grade accounting" while endorsing Mass Roots. She knows how to stroke a narcissist.
No controlled, impartial agency doing the selling. Like at HLIX. We have our debt problems, mind you, but I'm not seeing the valuation at KERN. It's over 10 times our market cap, and the true OS isn't even reflected yet from a mighty acquisition. Our margins are tremendously better.
I could be wrong, and Jessica builds great shareholder wealth as she is selling low. But, I don't think so. We'll see how the cards fall. I want to see how HLIX and KERN stack up at this time next year.
That photo did not help this morning. I wish they would stop doing that to their faces. It's not going to help.
Just age gracefully. Same goes for men. No face lifts. No lotions. No transplants. Just be comfortable in one's skin and save the money! Go to the dollar store for the basics. Like soap or shampoo. Anything else is a waste of money.
But since they don't listen, that's okay too. Their money, my bank account. Nothing is better than sun tan lotion. Protection from the sun. Or, better yet, a baseball cap. One fixed cost. Or, free. I'm sure Kuida gives free baseball caps for free promotion.
But, alas, I've given up politics and logic to the masses. Instead, I've turned to the market. Truth always comes out of the shake. They can argue against logic all they want. In the end, truth prevails. The Earth doesn't care. Dust to dust.
That's a good logo for some of those steady kicking longs that bought high, NowWhat. Flushed! That's why I like to often tell them to just deposit their funds into my bank account. That would be the easy way, but they always choose the long way. Easy, but not instant gratification.
Once they get flushed, it's a great time to do some bottom feeding! The facility Khiron has is looking nice! I love it myself. Do they own the land to that? I need to peruse the 10k some more. Anybody know if that's leased or outright owned?
Please, don't anyone pour any concrete down the drains either out of frustration. I'm looking at .21, but that's going to drop my price to .18 if that happens. Be a good sport. That's what I'm hoping to tell someone that gets evicted due to foreclosure next year. At least, I hope so. The FED is slowing that process down with all the stimulus, but I'm ready to ask them how that tax cut for the rich worked out for them. After they hand over the keys, of course.
But for now, Khiron's facility will do! And I love those Kuida commercials and those brainwashed testimonies online. Placebos, love placebos! They all same thing. Whether it's Aloe vera, coconut oil, seaweed, cannabis -- whatever. They are all fountains of youth. Just put your money into my bank account. They want to do things the hard way too.
My quote is showing HLIX up by 1 cent. However, not everything is up today. For example, KHRNF is down another 2 cents today. The guy you are talking to bought "a lot of shares" of that one up high somewhere. So try not make him feel bad. He seems very sensitive and emotional. Like you.
Lots of double standards here. He says that Khron cares about its shareholders and that Helix doesn't. I didn't know he was a psychologist or could read minds. But apparently, he knows what people think. He sure go work for Ms. Cleo.
On a surface reading, however, I'm just not seeing it. What I see instead is hypocrisy. For example, KHRON has more shares than Helix. It has much less sales than Helix. It has more cash, but that's about it. It has a much, much larger cash burn though.
Khron and Helix both have futures that can't be seen. They have goals. They have projections. Helix is the better value still. I'm going to double down on Helix at .11 cents. And I'm going to buy a bunch of KHRON at 21 cents.
IFFFFF I'm lucky enough to get those prices. The future is unwritten.
The only thing we know for sure around here is that squeaky wheels continue to confirm what we've always known about squeaky wheels. They do a lot of squeaking. And not much else.