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Speaking of Resumes:
Since I never could get my questions answered from Whatsup, lets's go revisit one of his posts which I'm responding to.
He said, "Venegas has no history as an operator
He knows how to scam and bully folks with bravado and BS but his substance as well as his background are fake...
Well, my ancestor also did a background search on Venegas as it was emerging as a shell. This is just one example of many background checks.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=121258422
You just have to follow the bread crumbs. It's not that evidence speaks for itself. Clearly, for some of our more mentally challenged examples here, it doesn't. Facts must be interpreted in the light of theory. Science.
Fox Find
Hi Hidden,
You told me to tell you if I found any evidence that Fox was on the HLIX board. I did, from Vincente's own mouth:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155952033
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155952266
It corroborates insider testimony. It's interesting to me that you actually used the software of Biotrack before. To me, it's just enterprise software like something I use at my work place. I love my company's software, and ours is unique to only my firm. I was so glad to get off the standardized industry software I used before being acquired, which I used to like because I didn't know better. Change is hard though.
I find it funny that you even posted at MSRT. And you didn't endorse them, which is wise. That was like an alleged competitor to us from Alan the analayst that I mentioned in a few posts back here. When he scoffed at Helix for not reporting iwth the SEC (although, OTC is overseen by SEC), and then endorsed MSRT because they did report with the SEC. Yet, I see Mass Roots is now priced at .0045. That's better than Blue Line Protection I suppose.
Here is a side by side comparason of HLIX to MSRT that one of my ancestors made during that time:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125116770
That sparked some outrage and a devoted MSRT disciple came here to foam at the mouth in the similar fashion to some other graffitti artists here. One of his favorite things was pointing out the chart of MSRT to HLIX's chart. He should be on that show of former '80s stars called, SO WHERE ARE THEY NOW?
He had a profile of himself wearing a cape and drinking a beer. And believe me, he fit the image to a T. That drunken disciple also kept referring to liqudity as if that was important. HLIX had low volume whereas MSRT had high volume. I said I -- I mean my ancestor said he preferred controlling the water of the desert. Why would liquidity be important? I feel like that conversation myself just a few days ago with some vacuous ones. Yet, we have liquidity and MSRT is but a fraction of a penny.
Anyway, the stock then passed MSRT and went to 3, and that's when he just vanished without a trace. But Alan stuck it out to 10 and beyond. I guess you can lead mules to water but you can't make them drink.
Some people are guided by Mr. Market. Some are guided by fundamentals.
One reason among many I don't ever want to leave my company is that I don't want to learn any another software. I love our proprietary software. There are other reasons too, of course, like we are the market leader and have a good culture, etc. Still, don't fix what's not broke is my motto. That could be the biggest hurdle to change. So at this time, seems like market share grabs are very important for these enterprise software platforms. I'm sure MJ Freeyway is putting on some pressure in that regard. Although, you don't seem to care for them much. Glad you have some experience in the two and would love to hear more thoughts on your personal experiences with the products.
I don't have any problems. Nor have I blamed anyone for any of my problems.
Can you elaborate please on what you view as a "problem" that was blamed on "everyone else?" If you are referring to my attempt to educate someone on sound epistemology by guiding them to Carl Sagan's toolbox, that would be not a problem. That would be enlightenment. Something you could use yourself. I like to lift people out of darkness and into the light. Where facts are illuminated and opinions are properly understood as valid testable competing hypotheses, or relegated to the realm of junk science.
A Form 4 is not an S8. An S-8 would be a fact that was not presented as a fact. Nor was it mentioned in the post in question in any capacity. Would you like to admit it as a fact to be examined? If so, what is your point, in full complete sentences, please, which we haven't discussed already?
If you have any opinions surrounding it, please designate what is opinion and what is fact, if you don't mind, please.
So that does bring us up to 106M shares in total now I believe. Making my round-off 100M share-market cap no longer a good round off number but a reality number. Now we are over there.
That doesn't include future dilution, of course. So I'd like this $1.2M to carry us to profitability within the year and we get a big, substantial capital raise at a much higher price somewhere. I don't see the value of another acquisition. But perhaps KERN really puts the pressure on them in that regard. Not sure. good questions to ask. When people have permission to short your stock with zero risk (ie, convertibles that convert at any market price - no price floor), there needs to be demand to meet that. Demand at risk against shorts with no risk is not good.
KERN is actually at a much higher share-count than what they show. Shares will hit the market starting this month. They could more accurately be priced at $450M right now compared to our $21M price tag.
I don't think that gap will remain over the next few years. The gap is going to shrink by KERN falling and/or HLIX rising. And both could happen simultaneously as both improve their fundamentals. There is really nothing here that concerns me except for the dilutive factor.
The $1.2M we just got is interest free. It's not a loan. It was a capital raise. The cost is not interest. The cost is dilution. But, it has a floor. 11 cents. It was already bought and paid for. And theier hands are tied (restricted) for a full year to my understanding. Those shares are not even registered at this time. They'll have an S-8 filing in the future one day because that's they bought. Just like we had one for our omnibous incentive plan.
Is it better to borrow $1.2M or raise it this way? Well, that's high finance. Depends on price, depends on many things. Depends on how the capital will be deployed and how reality plays out to theory, etc. Everybody wants to get paid. To me, this all looks better than KERN as I understand things. And it sounds like cannalytics (sp) is very high margin business in theory. I don't know what we charge people, but I do like that theory for sure. Selling data we already have. Packaging it, marketing it, simplifying it, and selling it to those that really could benefit from it.
Those are squeaky wheels. But they don't get oil here. Some people can get lost in group think. You do whatever you want to do. If you are confused, I would suggest not following the herd. But if you are blind and looking for guidance, I suggest not driving as a retail investor and hadn the keys over to a fund manager. And not worry about it.
If a bunch of a guys jump off a bridge, I don't jump off a bridge too. If I'm in a group of 3 people that show a serious lack of trust to a man pinned on the ground with a leg on his neck for 8 minutes, I don't look to that group for guidance.
If you are the type that is interested in optics and peer pressure, I'd definitely recommend not investing here. I don't think you have what it takes. I could be wrong, but this is not for the faint of heart. If you stick with it, you could probably gain a lot of good hard lessons over the years. Eventually, I think you may improve your vision and sharpen your skills. But you aren't there yet. I'm not seeing yet.
Helix's fate does not hang in the balance of whatever you decide to do. One way or another, it doesn't matter. I'm not here to be your guide.
Oh Wow! Thanks for bringing that to my attention, KP. I didn't even see that. Based on my understanding, I love what I see here:
On June 1, 2020 and June 2, 2020, Helix Technologies, Inc., a Delaware corporation (the “Company”), entered into subscription agreements (the “June Subscription Agreements”) with a total of 23 accredited investors (the “June Investors”). Pursuant to the June Subscription Agreements, the June Investors purchased 7,527,157 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), for an aggregate purchase price of $827,987, or $0.11 per share.
Previously, on May 20, 2020 and May 21, 2020, the Company entered into subscription agreements (the “May Subscription Agreements,” and together with the June Subscription Agreements, the “Subscription Agreements”) with a total of three accredited investors (the “May Investors,” and together with the June Investors, the “Investors”). Pursuant to the May Subscription Agreements, the May Investors purchased 3,636,364 shares of Common Stock, for an aggregate purchase price of $400,000, or $0.11 per share.
Source: https://www.otcmarkets.com/filing/html?id=14203584&guid=-gaHUFii5rzbH3h
So that's $1.2M in cash on our balance sheet. Then reading more, they are RESTRICTED shares. That means, they can't be sold for a year to my understanding based on standard SEC rule 144.
That's dilutive but not toxic. And dilution isn't necessarily a bad thing when it comes with cash. That's real cash coming in whereas a conversion of a note is just dilution. This isn't shady like discount to any market price at any given time. That's just a discount at today's price. No, "shady" is not even the right term as that implies nefarious. Not toxic, I should say. To my tastes. We all had that opportunity to buy shares at .11 cents a few weeks ago too. Don't look at me! I bought at .12. I'm not the one smoking the product around here! LOL
And it looks like it happened during the time our price was at around .11 too. Unless it was very end of that time frame of May 20th, which is when the stock shot to the 20s. Maybe that's why it did. Maybe some inside information. I don't know, but I like that!
That might be one of the things they were "working on," although I'd like to see something really big in the range of $11 M from a capital raise at $1.00! Someday, perhaps! IFFFF this can carry them to profitability, that would be great! It's not like we have a bad cash burn going on here like at Khiron and Kern.
If I knew that was hapopening as I was sitting on .11, I would have doubled down again. Rather than waiting for 7 cents like, ahem, what's his name.
And, no, they didn't sell them to insiders. They sold them to accredited investors.
Prison Etiquette
Since I feel like I'm talking to a chain gang, I'm going to post one of my questions for the next conference call. I have a few like Sedar. I'm going to show thugs how to talk properly. No reason to be accusatory or jump to conclusions. Like, for example, with Vincente Fox. Zac said "we already addressed this in last conference call..." That is the truth. His testimony corroborates the evidence that I finally found.
Now, MY UNDERSTANDING is that the current financing is toxic. Now, I would not go in and say, "why did you poison us?" First, rude. Two, accusatory. Three, that's just my interepretation. And, it's inflammatory. People in suits talk one way. People in dunce hats talk another. This is how to talk if you are in a suit!
_____________________________________________________
Hello, thanks for taking my call. Could you help me understand some of the convertibles here. To me, this is kinda convuluted and I'd just like you to correct me if I'm wrong here: But, I see loans maturing within the next 1 to 12 months as I understand it. They convert at a 20% discount to the average market price such as in the case of Example XYZ.
It seems, and correct me if I'm wrong, that it is very dilutive to us. My concern is that it's a way to short the stock from the lender's perspective. The lower the price, the greater the dilution. I'm wondering if there is a plan to refinance all of this. Is that a possibility, and how do you guys feel about this?
-------------------------------------------------------
Something along those lines. Then, that gives them the chance to explain things as they see it. And if it makes sense to you, great. If not, you can have POLITE follow up question. Or, just don't buy. And move along. These are legal things they do. It's not really poison, like in the sense that Cleopatra was poisoned. And, she allegedly voluntarily did that to herself, just for the record.
So, try to sound smart, look smart, and be smart. And the best way to do that is DON'T TALK. LOL As the saying goes, a fool should not talk lest he remove all doubt. OR, just be nice. Because when you are rude, that shows you are out of control. Fear is ignorance. It's unnecessary, and you act as if you there is just one interpretation out there. You then become a binary thinker.
If you can't think of anything nice to say, don't say anything at all. Just pretend you are at a wedding. No, maybe bad example. I've seen some of these redneck weddings. Pretend that you are up for potential parole and want to present your best self at a parole board hearing. Like, the Manson Gang, for example. Check out some of their parol hearings. Not Charles Manson's parole board hearing, but the others of his flock.
Welcome to your first visit, KMP.
I liked the CEO's response. It wasn't dismissive. It was firm. And the quesiton was disrespectful and unprofessional. I've sit in on conference calls live all the time of big cap companies. I'm thankful that they even give a conference call which is not normal for a micro-cap. They published it very fast too. Unlike NROM, for example, a microcap whose conference call "vanished" and never got transcribed.
This one follows the same MO from the start. Always saving money. Like the "third-grade accounting" they started with. And today, on the SEC, clearly showing the sophistication they were capable of in those "third-grade accounting" days from an alleged self-proclaimed expert with a passing grade for a title.
Normal conference calls don't let anyone in except qualified analysts. And real analysts don't behave that way. And CEO's are generally strong people. I defer back to Mark Yankee, the President of the Houstonian, who always said take crap from nobody. And Zac is not the type to take crap from my profile. And I like that. He handled the caller in a much more professional tone than the one he was given. Being a doormat is not respectable to me. I defer again to Mark Yankee.
'
The optics on form 4's may indeed be bad. But it's not a deal breaker for me. It's the toxic financcing as *I understand it* that is much more of a concern. Still, there is a way to value with fully-dilutive measures as well.
I am thankful we have conference calls. That is not law. And I'm going to attend next time just out of respect. Becausee it's rude not to show up for these things when people go out of their way for us.
That being said, you don't double down on something if you are wrong. Like our President. That is bad behavior. Anyone that is a Trump fan and at the same time, considering Zac "hostile" would be a hypocrite. I haven't seen any behavior like Zac calling someone "fake news" because they asked tough questions. He just simply said "you are wrong" and explained why. Facts. Terse.
I haven't seen any such bad behavior on Kern's conference call. Then again, I don't think they are just letting anyone in the door to attend either. If it was up for me, the dunce-hat table over there would not bre allowed attend anymore. They would go into the Fox News category. LOL But, that's just me. :)
No, that's not what they are for.
Although, this is consistent with your testimony not matching up with the facts. At least, testimony that opens itself up for falsificaton. The other hearsay testimony which can't be corroborated is not being helped by your continued lack of understanding of what's going on around you. Which continues to erode credibility in your unverifiable testimony.
For some help in translating what our translator is interpreting, let me read the English language attached to the filing in question. It states thus as follows:
"Helix Technologies, Inc. is registering 6,000,000 additional shares of common stock, par value $0.001 per share, issuable under the Helix TCS, Inc. 2017 Omnibus Stock Incentive Plan (the “2017 Stock Plan”)"
The year 2020 minus the year 2017 comes to three years. That means those were restricted shares in a sense, unlike the other clueless one stated, and they were not vested at the time. Restricted in the sense that they werent' even registered. These are legal contracts. This would be registration of those incentives for attracting talent and establishing goals if met. And they are not just coming out freely tradeable as you inaccurate imply. An S-8 is a registration statement. Whoever is vested at this time, be it 50% vested or 100% vested will be legally granted access to whatever they have legally earned at thsi time. And/or the ability to have new underlying incentives to be issues to others in the future. And when issued, they are not vested shares. Or, put another way, they are RESTRICTED. On incentive plans, that's what they do. They incentivize (sp). And as years go by, you become more vested in a company. Perhaps 20% of your rewarded shares are fully vested, which means 20% NOT RESTRICTED after a year or two of service. More service required to be fully vested.
For example, the warrants on KERN like a typical SPAC had no registered shares underlying them. If you were to try to exercise them, your broker would say, sure thing. And then come back and say, err, we can't do that. These shares are not registered. Therefore, they could not be excercised up there when it was trading at above its exercise price. Hence, they were not registered shares. Which could actually be seen as manipulation, which is how I see it, and which is really how the mechanics of how scam stocks work. A SPAC, being the result of DEREGULATION, which people like yourself vote for. So that ignorant people that vote against themselves can be pillaged. That's part of the deregulated situation going on with SPACs. Which I refer to as the underlying "physics." I'm in one of those now. As I said earlier, I prefer to control the water in a desert. Some like liquidity. Which requires shares to be registered and freely tradeable. I say, if you can't beat them, take their land and knock their teeth out. Then tell them to go back and vote for themselves next time.
As usual, we have people talking out two sides of their mouths around here.
Now, toxic financing, being able to exercise at any price below market price is quite another story. And I'd like to see a complete refinancing there, and that doesnt' clear up for another year as things stand at this time.
I'm not following. Restricted shares are restricted for one year only. This comopany has been around more than a few years now. KERN has many restricted shares, hence they have a low float. Taht's why you are going to see it come down when those restrictions are lifted. That's the quintessential way SPACs work.
As you can see, KMP, the sleuthing skills here can't stand up in a court of law. That's because the scientific process is adhered to there as well! There is a process of what's admissible as evidence, as well as what is evidence.
If they filtered everything through Carl Sagan's Baloney Detection Kit, they would be a whole lot less confused.
If you say good things, you are a shill. Doesn't pass Carl Sagan's Baloney Detecton Kit, but it's a their litmus test. INADMISSABLE.
If you are asked, are you still beating your wife, no objection is allowed. Just a yes or no will suffice. As in, how many shares have you been paid?
Err, if an insider buys stock, that means the stock will go up. If they sell stock, that means the stock goes down. It's a good predictor of the future in their world. Even though it doesn't work, and sounds like a Don Lapre commercial.
So, I think you know how things work around here now.
To me, they've been on the scalable path from the day they emerged. They were overvalued for most of that time as was the entire industry. And there was no insurance it would ever be properly valued.
Then they were properly valued in the .20's as I see it. Margin of safety down there at .10, as I said before. Now, in grey area to me.
But they've ALWAYS been on the march forward. At one point, I got thrown off course by lack of data on Vincente Fox. But now I know he's been confirmed. And they've always been moving forward. The stock is not the company. It's just a valuation. A voting machine short term, a weighing machine long term.
And today, I just got another falsification delivered to me. Fairfax denies it is looking to take over Blackberry. I just had a knee-jerk reaction:
I just had a knee-jerk reaction to this bad news:
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 44 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
50 contracts on puts that expire in 3 days. I hope this causes depression. I can't predict my business partner's irrationality, but I hope this causes him to go into deep depression. This is actually a much better fortune for my long term aspirations, however.
That's GAMBLING. Not investing. Investing is going long on good value. As in HLIX at .11 cents. Somebody over there was saying not more htan 7 cents. Although, he claims he lost $100,000 that he bought at $2.00. So, don't look at me at all the illogical double-speak around here. :)
Some of us are consistent. Some, talking out both sides of theire mouth. Just do what you feel is right for you KMP, and best wishes!
Knowledge is Power
Garvis Toler Strikes!
Released today: "The platform is the industry's first BI tool that integrates into cultivation software allowing growers to track and forecast yields,"
I like the sound of that. I don't know the details, but I'm assuming this data is not free. It's free for us. We have data. We sell it. I do like Toler's ideas coming into this model. That's called controlling the water in the desert! :)
This is why I enjoy have 20,000 shares of HLIX but only 2,000 of Khiron at this time. Truth always prevails, but in the meantime, my irrational business partner is all over the map. And speaking out of both sides of his mouth, 24/7!
Also, Blackberry today -- This is a tech company and very releveant to the discussion if the peanut gallery could just sit down be quiet for 2 minutes. As I was saying, Blackberry, one of my other great beloved stocks of MINE, is up today on very credible rumors from credible sources of math prodigy Prem Watsa in negotions to buy the entire company. That's what math prodigies do! The sit at their own table because prodigies by their very definiton are not part of the massess -- the mean. They diverge from the mean. And I don't mean "mean" as an emotion either, for those on the table over there in the corner with dunce hats.
Truth always prevails. Even if insiders with higher intellect eventually say enough is enough. We'll take it all! If you just stick to the truth, you float like a butterfly and sting like a bee.
'
That's a good answer. It's so good, I'm going to give you the same answer.
Call Zac! He'll tell you how many shares I was "given."
On the next conference call, I want it to be very clear that y'all do not represent me. I am not affiliated with y'all. I want my own table, and I don't want y'all anywhere close to me. Ask your stupid questions, and then I'll present some more respectful, intelligent questions.
In fact, I'm going to go first as I think they can see who the caller is. I'll be RacerX, sitting alone. I don't even want to be with the analyst table either. Pompous asses on one side, and circle jerks on the other.
Just me, I'll ask the responsible inteliigent questions, I'll leave early, and then ya'll do whatever it is that ya'll do. LOL
I've been paid somewhere between 0 and 6 million shares.
I will give you the exact figure after you answer my question in detail. The one I've only been asking for several times over.
Do you understand the words that are coming out of my mouth?
I have put my foot in the door here:
Buy 2000 KHRNF Executed @ $0.54585
Jun 01, 2020
9:57 AM ET
Interesting company. I know some of you like stocks that go up, but I prefer stocks that go down. This will be either instant gratification or slow wealth accumulation. Win-win strategy. No downside.
For the early investors that put up the capital, thank you. 15 cent on the dollar is perhaps like a foot in your mouth. But to me, it's a foot in the door. You are appreciated.
In fact, I did just that:
You can't see my response on his blog if you aren't a member of Seeking Alpha. But I wrote a little letter and closed with the following:
Finally, I would like to say, If you don’t believe me, look to Vincente Fox. Vincente Fox, former President of Mexico and head of Coca-Cola’s Latin American operations before that chose to join HLIX's board of directors. He must love "third-grade accounting."
I also cc'd Alan. He'll take the bait. He's very easy to troll. Like a fish that never learns. The truth is going to prevail. It always does.
Analyst Betrayals
I find them to be good tools, but terrible portfolio managers. In fact, I'm still looking for an exception to this rule: If you are making off advice, then your advice isn't worth a dime. That's probably why Warren Buffett refuses to give advice.
As I'm looking at Khiron, I came across this bullish article written by Ted Ohashi. This is an analyst I respected in the industry, so I politely took HLIX to his attention as HLIX was emerging from an empty shell. Before they had even acquired Cannabase. I said this was different. I was expecting the quintessential scam to come out. The odds to favor that. But that's not what happened. I thought he was intelligent. And he is. But he's a specialist. He's very, very polite though. So, I hold no grudges.
HOWEVER, I was rudely interrupted by another self-proclaimed analyst named Alan. He kept interrupting. I said, am I talking to you? I'm talking to Ted. But this guy became stalker instead. They always come in package deals. In fact, I can tell that Jessica over at KERN can see right through him. She is manipulative. She stroked his ego, which is what all narcissists want, just to shut him up. So obvious from her tone of voice too. Anyway, Alan said they, speaking on behalf of Ted, refuse to look at anyone that doesn't report with the SEC. Yet, here is HLIX, reporting with the SEC. "Third Grade Accounting" he called it. Then he berated it all way from its rise from .80 cents, where I presented it to Ted, to $10. Then foamed at the mouth for several months thereafter about value. Which was irrelevantn at that time because profits he passed on were already made. Then he thought BioTrack was a scam. How could they purchase it he asked? High finance, I said. It wont be from third grade accounting, you can be sure of that.
Anyway, all that vaucous nonsense behind us now, it's interesting to see what my chosen analyst thinnks about KHRNF. Because HLIX, which he was too busy to look at, now has TWICE the amount of sales Khiron currently enjoys. And Khrion's comes soley from one acquisition *at this time*. One source. And blowing through a lot more cash (although, I do like Khiron too). This is why analysts are USELESS crystal balls. They are merely good tools if you know how to take what they say into context.
But let's look at some things Ted said:
https://seekingalpha.com/instablog/9721001-ted-ohashi/5244836-khiron-life-sciences-is-real-deal
Khiron is the REAL DEAL he says. Oh, and HLIX isn't? Let's find out why Khrion is the REAL DEAL back in 2018!
Finally, I would like to say, “If you don’t believe me….”
Vincente Fox, former President of Mexico and head of Coca-Cola’s Latin American operations before that chose to join Khiron’s board of directors and as recently as thisW week was on BNN representing the company. Would Fox choose to join a ramshackle business as depicted in the Hindenburg Report? No, he would not.
OHhhhhhh, REALLY???? You don't say? Perhaps I should go back to Ted and say, "Finally, if you don't believe me, look at Vincente Fox. He loves third-grade accounting! Would Fox choose to join a ramshackle business? Hey, don't believe me! What do I know? I just make money. Just ask Alan! He sat on the sidelines for a 100-bagger, and I don't see anything in this industry, Khiron included, rewarded anyone long term.
Now is the time to make some moves. Thank you, Ted, for the great advice! I think I'll take a dip in Khiron too! You guys are so useful!
It does look interesting. That third segment of virtually no revenue in medical marijuana looks like a good wild card. All those partnerships signed near the end of March or early April. And approval to for prescriptions, which they can sell in their own clinics and all those partners in Columbia and Peru, etc. That could prove to be a dramatic increase in revenue very soon. Helping their health clinic and the marijuana segment. Very dramatically in theory. It could become a reality. If all goes well, they'll have the revenue next year that HLIX has now.
To heck with Kuida, although they have long term potential there. And they are good optics. I do like the marketing there and the potential of other product lines in teh future. It's so tiny right now though. Only 6 thousand units sold, but big revenue for only 6,000 units. Sell 80,000 units at this rip-off prices, and it starts to look pretty good. And women will pay! They love to pay exhorbitant fees for stuff like that. And the pre-covid educational kiosks. Those are great! Placebo or not, they'll believe. Good expensive retail shops to carry it. It's good money they are burning there for now.
It does indeed seem like their CapEx pending is finished for the most part. It seems on the surface.
I would say HLIX cares about their shareholders too. There is also an interesting clip from Fox in the last 3 minutes from Vincente Fox here on Khiron. That insistence in principles would carry over to HLIX:
Vicente's Endorsements:
That Khiron Science company Fox serves on seems rather interesting. One of our negative drags here (and there are a lot of those unfortuneately) is an investor there and seems to like it. I suspect that's what bought him here. Fleas seems to tag along all breeds.
Anyway, it says something about Vicente's choice of companies. I kinda like that company on a skim. Nothing stands out as scam. It seems pretty expensive, even now, but they have dome some intereesting things. And they have a lot of cash like Kern. Granted, a lot of cash burn like Kern too.
But, they could be ramping up on something big perhaps. They report on Sedar, which is a more reputable exchange than America's equivalent OTC. That's another question I have to remember to ask HLIX. If those plans will come back and why did those plans get quashed to report dually on Sedar.
Some interesting excerpts from their latest 10Q: "As of March 31, 2020 the Company had repurchased 511,500 common shares for a total cost of $212,389. No further shares have been repurchased subsequent to March 31 to the date of this Interim MD&A."
They have a lot more shares than us at this time. Interesting they would buy some back with such a cash burn at this time. And it's not like it makes a dent. Nor does it make much of a dent if they were to buy all that they are approved to buy back over the course of a year.
I also like their financing: "In Q1 2019, the Company completed a bought deal financing, issuing 13,110,000 common shares at a
price of $2.20 per common share for aggregate gross proceeds of $28,842,000. In consideration for their
services, the Company paid the underwriters a cash commission equal to 6% of the gross proceeds and
non-transferable compensation options equal to 6% of the common shares sold. Each compensation option
issued will be exercisable at the issue price of $2.20 to acquire one common share expiring February 28,
2021"
While they are burning through the cash fast, they don't have toxic warrants. Those warrants are exercisable far above today's price. They have 3 segements of revenue. All if it comes from just one source basically. The other is basically a zero. Maybe that's like our Amercanex at this time. And the other cosmetics for all practical purposes.
Very tiny revenue from their cosmetic line as I call it. Seems geared to women. They buy that stuff. Looks gimmicky to me, but I love the branding and the rip-off prices. Voo doo science, promises of youth, and women, are a very good combination for profits! They are deinitely legit.
The only real source of income so far are two large facilities. One very new. And very recent approvals to sell, and so far *at this time* monopolitic licenses as only they have approval AT THIS TIME. They require prescriptions and doctors for medical purposes. That's a good profitable combination. Health Care. Total price gouging. That's good. I bet Vincente Fox had a good influence there.
HLIX enjoys over twice its revenue at this time and much closer to profitability. But Khiron is interesting. And more expenseive than HLIX on a market cap. It's a good little company with some promise for the future. Kinda expensive perhaps, but I think they are sincere. Wouldn't be bad to have a foot in the door there.
I don't understand your question. Which, sadly, is par for the course around here.
You have this habit of speaking in pronouns too. You need to talk slowly, clearly, and specifically. What friend? And what about him? Or her?
Please state not only the question, but the point of the question and what it is specifically that you want to know? In fact, I don't really think I want to know because I can't even get a myriad of other questions answered from you. I don't even understand half of what your fragmented questions are saying. Which leads me back to my original question about your alleged friend in that allegedly offered $10 million to Helix in a meeting that you were present at.
Once again, since you were present, what was your role there? To translate? Please say no, that was your not role. Was it an email exchange? Can you give details? What were the reasons they declined $10 Million? Was it dilutive?
Think about what I said. Take your time. Talk slow, clearly, in full sentences, and give DETAILS please.
Page 56 Further Testimony:
Also on the page 56, as I jump around, Vincente Fox says in absolute terms "I am on the board of Helix." You can hit cntrl-f and type in "Helix" for a much faster highlighted word-search to jump out at you on each page. If you are a skimmer like me.
From his own mouth. Another good thing about all this testimony is that it occurs in the "Winter of 2019" several months before HLIX's testimony. And it corroborates HLIX"s testimony exactly. It also confirms the Garvis Toler interview which also occurrred in the Winter of 2019 but couldn't be corroborated anywhere. Vicente Fox's signature appears nowhere in any of our filings with other boards of directors. That threw me off.
On HLIX's website, it lists "Serving Board of Directors." The word "Serving" suggesting there must be un-serving boards of directors at this time. I don't really understand that. The more micro the details, the more lost I become. But apparently this is the case with HLIX. It can now be confirmed. That is evidence that I was not able to find before. But now, it's has surfaced. It is there, plain as day.
Page 56, Vincente Fox Speaks:
https://issuu.com/innovationandtech/docs/c_t_wint19_digital
It's been said here by me and another person that there is no evidence of Vincente Fox saying anything on the record himself in regard to working with Helix. He didn't even make a statement on the PR. Unlike the other guy, I said that absence of evidence is not evidence of absence. The only fact to be concluded was that no corroborating evidence could be found could. HLIX's answer, however, could not be falsified.
Now I've found this article. It still corroborates HLIX's story, even more so now, because Vincente Fox speaks from his own mouth in a credible source in an interview about working with HLIX and Khron Sciences.
Turn to page 56. He states, "We work togeter, and this is where Helix and Khiron are real leaders because we are working to build up a market, to expand that market, and then pick our share of the market..."
Then on Page 58, the interviewer asks Vincente about his recent joining of the BOD with Helix. Vincente Fox is on the record answering and doesn't deny joining the board. He answers in great detail why he accepted Helix's offers and the reasons why he likes Helix. He also states on the record that he shares their views on full compliance and shares their ethics and moral attitude.
I do see recently that he joined another board in an advisory status of another cannabis company in the last few months. And last month, he was involved in a project of building thousands of low-income homes in Mexico. I believe an assasination attempt was made on him last year as several armed men got on his estate. He is a very busy and wanted man.
Oh, and skimming backwards, on Page 54, Vincente Fox also speaks of HLIX again. He says he is working with both HLIX and Khrion on working in all markets in Latin America. He says "we're already workign there in the case of Khiron" which implies that he is not yet working there with HLIX. But obviously from the testimony, that is the intent. That woudl corroborate HLIX's testimony exactly as they explained it.
Paying Homage To Common Sense:
On the post I'm referring to, I put a time stamp of 10,000 shares executed at .12 cents. Time-stamped, and corroborative of 19,000 of the 20,000 shares I own below:
03/17/20 Bought 10000 of HLIX @ $0.12 (Order #1266) -1,204.95
10/09/19 Bought 7000 of HLIX @ $0.54 (Order #1233) -3,780.00
02/26/19 Bought 1000 of HLIX @ $1.55 (Order #1162) -1,554.95
08/06/18 Bought 1000 of HLIX @ $1.00 (Order #1110) -1,004.95
The missing 1,000 shares of the 20,000 shares in totality were the "free" remaining shares from the spike to $10.00 and $55,000 of *net profit* against the advice of a self-proclaimed Cannabis analyst. And a rude one at that. I've followed this company before it was even a shell. I had my sights on the egg before it was fertilized. In that time, I've seen a lot of circle jerks come and go. Like a revolving door. Next year, a new lot will come. That's because the stock market is a reflection of society at large. Masses of the dumb asses as I used to call them. I can speak these truths as I see them because I don't answer to anyone. My only boss is me.
Rudeness seems to accompany ignorance. Almost a 100% correlation. Fear and ignorance always go hand in hand. Conspiracies are a most likely a coping mechanism. And that's actually peer reviewed. Some observations of ignorance the last few months:
1) A certain loud mouth that said he would buy at .35. Then at .25. Then at .10. Then at .07. At no time does he pull the trigger. That's because Mr. Market is his guide.
2) I've been accused as being a corporate shill. A corporate shill probably wouldn't point out toxic financing as *understood* from the *perception* if the alleged "shill." But this is usually a tactic employed by the ignorant. Another 100% correlation. You see it in politics all the time. This accusation comes within a circle of high-fivers stuck in the dumbing down of group think.
3) The company already answered their questions. The fact that they don't like the answer doesn't negate the fact that they can't falsify the answers. Science above all else implies falsifiability.
4) Unlike politics, the stock market is the like the science classroom. Your vote doesn't matter. Short term, the market is a voting machine. Long term, it's a weighing machine. It's like Gallileo. You can vote him wrong and silence him. But the truth will always prevail in the end. And that is why I long ago moved from away from politics and to the stock market. Here, like science, truth always prevails. Whether or not you get it. Whether or not you agree. Doesn't matter what you think. It only matters what is.
Getting some good volume here for a change.
11,000 shares is good for this stock. It was 5,000 shares traded yesterday. Perhaps something is on the horizon. I'd like to see that approval they were waiting on Finra soon.
I still want to see a 10 for 1 forward split in the near future. That would make for some interesting psychology and liquidity. Just wishful thinking there, but I don't think it's an unreasonable expectation.
Things are moving slowly for my expectations. I'm ready for the action and the show to begin.
Ethics over Dollars
This stock is up on 1M volume pre-trading on this news:
“We are extremely honored to be a key strategic relationship for American Made Media Consultants, tasked with developing, launching and supporting the branded app portfolio for our country’s President and Vice President,” said Alan S. Knitowski, President, CEO
I am extremely embarassed and ashamed to even be associated and a passive investor with any dealings with this corrupt administration.
There have been a lot of shady things around this company. Going public when they weren't ready through a deregulated SPAC, burning all their investors. Not being forthright in the beginning about their feeligns of value, but only saying so after the stock lost over 90% of its value.
If this stock goes up to $3.00, I'm selling half my free shares on principle. It's absolutely disgusting that I would passively be participating in the election of such a disgrace that our country has never seen before. The fact that this company's management would lean in that direction doesn't surprise me at all.
The only positive to come out all of this is that the supporters of this administration most likely funded my free shares. Fools and money are soon parted.
This CEO would be a Yesman and laptop for that administration for sure.
BTW, thanks for that link, Pickle Nick.
This is foolish nonsense. I'm asking you a very simple question. You want us to believe you were present with an individual that offered this company $10 million and they refused it. I'm asking for details. Why did they decline it? Did they give a reason? Did your friend say, here, I just won the lottery, and I don't deserve this. Can you take it off my hands?
Steady over there believes it. He doesn't know any details because you haven't supplied any, but he believes it anyway. That's one! Fools of a feather flock together I suppose.
Instead of an answer, you are giving us a video of Popeye. These are not the actions of someone that even knows someone with $10 million. I imagine if he offered $10 million, he had a lot more than that. People of that net worth are usually intelligent. Because fools and money are soon parted. Now, you've said you lost $100,000 here, and you've given foolish testimony. Separation of money. Birds of a feather.
None of this adds up. What did he need you for? To translate to Zac? I'm just trying to get basic answers here. You want us to believe something. This is your testimony. Elaborate, please.
You have no reason to doubt, Steady Kicking?
Have you ever taken a course on critical thinking? Or ever watched the Cosmos? Are you familiar with Carl Sagan's Baloney Detection Kit?
Have you been a juror before, and have you ever heard instructions to a jury before?
Did you know that doubt is a virtue? Did you know that a scientific mind doubts and questions every argument or piece of evidence found?
I actually know that name Michael Litman. He was in my DD when I was in this shell before they did their reverse merger. I made a nice $55,000 net profit when that was all said and done.
But you still aren't answering my question. Michael Litman is a lawyer that helps companies go public. Are you saying he's your friend that made a $10M offer? Michael Litman already had stock in the company as part of payment for his services. I imagine he sold long ago.
Are you saying he was present? What are you trying to say? All you've shown me was a piece of data I already know about.
And what does this mean?
go through the symbols . That should tell you everything you and the other guy ! Need to know
Go through what symbols? Who is the "other guy"? What I'm asking you is, what was the exact alleged offer that was made, since you claim you were present in some capacity (although you still haven't cleared that up), and what were the alleged reasons for dismissal?
Do you understand the words that are coming out of my mouth?
This doesn't answer my question:
I don’t lie ! Go to the nearest bridge and jump ! Another then that have a nice peaceful weekend. How much did they give you to promote the stock?
One, "I don't lie" is not an answer. Anybody can lie. Are you a mutant that is incapable of lying? How do we know you don't lie? Because you said so?
Two, it doesn't have to be a lie. Again, I ask, do you have supporting evidence? Is it normal for you to believe anything told to you without supporting evidence? If I told you the moon was made of Swiss cheese, would you believe me? What if I don't lie and sincerely believe this to be the case?
What was the offer and reason for dismissal, since you "don't lie" and you were there, to the best of your recollection?
Your testimony, be it a lie, a sincere delusion, or the truth, still doesn't tell me anything. What did they decline? A bad deal? A good deal? I don't want your interpretation of it, I want to know the exact details to the best of your alleged recollection.
Oh, so you were there. Do I understand that correctly?
Could you speak in complete sentences, please? Are you saying, "Yes, I was there" as in "Yes, to answer your first question, I was present during these alleged negotiations"?
Then you say "I don't have private email I was with." What does that even mean? So you were present, or you were in email? You were present in an email exchange? Was it live, like Zoom? Do you know who were behind these alleged emails? Are you saying you don't have these emails? So you have no supporting evidence that you can provide? They just vanished, or you deleted them? Have you looked in your delete folder?
What were the reasons it this alleged offer was declined? What was the offer, exactly? Did he want 200 million unrestricted shares for $10 million? 1 restricted share for $10 million? Was it something more complicated, like a convertible loan whereby he gets interest, and he wanted no floor? Whereby, I'd be sitting with 20,000 shares at a price of .00001? Which, btw, would be a reason why they would say no to that since they just testified to the fact that they didn't want capital on bad terms, so they went for only what they needed.
Give us details. And hopefully, your allegatiosn will at least sound logical if you could elaborate more and be *specific.*
Do you normally believe anything told to you without requiring any supporting evidence?
Do you believe the moon is made of cheese?
Alleged Hearsay
One of my friends offered them 10 million equity at 2.50 a share !
They offered to buy a block of stock one time at 2 dollars ! So they wouldn’t sell !
A few questions:
1) Were you present to witness this?
2) Does your alleged friend suffer from any mental illness? Such as compulsive lying or delusions of grandeur? Bi-Polar grandiocity?
3) Do you have any supporting evidence for your claim?
4) Was your friend aware that there was a $1.00 offering of restricted shares for anyone that reached out when the stock price was over $5.00 per share? I was made of this aware of this. Why would he want to pay above the offering price of $1.00 per share?
5) What were the reasons given for turning down his offer? And were you present to hear these reasons given?
I actually prefer low liquidity myself. Unless you are a fund manager, liquidity shouldn't be a problem. I want to control the water in the desert. I don't want to share the water. I want you to jump and pay exhorbitant fees for my price gouging.
Nobody is abusing you here. I had two vacuous posts removed today. Just immature, very infantile remarks about insiders. Personal attacks and no substance. It's embarassing. If I have to go into the next meeting with you guys, I want to sit at a different table. Unless I can somehow teach y'all etiquette. Is that possible? Please try to behave as if you were at Harvard or of some prestigious background like JP Morgan, which is where our CEO and CFO share a common background.
Here's a nice little show Garvis Toler, one of our insiders, made this week:
Do you have a link to your short interest? My link says that information is not available.
How are you seeing 2M shares short right now, Pickle? The link I provided shows 16M shares shorted 2 days ago. And 4M shares shorted yesterday. What am I reading wrong?
Can you provide the link you are looking at?
How are 20 million shorts supposed to exit this stock if the volume keeps dropping in half on a daily basis?
Once again, I refer to the last two trading days:
https://fintel.io/ss/us/phun
Are they trapped? Will they be able to cover for substantial profit below a $1.00? When does the short squeeze happen? At $2.50 and they panic? Or at .30 and they clean house? I don't know...
There also no details about these deals. What does it mean for PHUN? And why do fearless shorts swarm all over this stock all the time?
Phunware, would you like to return and elaborate?
Can you share some of your homework, Military? With supporting links ifff possible. They didn't share any financial details of the deal, but I'd love to know what things you've come up with.
I don't know what 20M shares short mean here. I'm not seeing a lot of volume today. At some point, shorts must cover. What will this mean for them? Are they stuck? Or will the stock crash to 60 cents again? That seems like a good return for shorts, but not worth the risk. Unless they really feel confident.
Where does the short squeeze happen? Not sure how to interpret all that's going on here. How come the CEO of PHUN doesn't talk on this board anymore? Did y'all run him off
Treat Carefully:
I would tread carefully with PHUN. They've always blamed shorts as part of their woes. But there is a reason shorts swarm them.
They issued this press in February:
"Phunware is concerned that the Company and its shareholders are being victimized by manipulative trading practices and abusive naked short selling with the objective of systematically lowering the PHUN share price"
https://investors.phunware.com/company-information/faq
And then accroding this, 16M of that volume on that record day is attributed to shorts:
https://fintel.io/ss/us/phun
That's a huge jump in one day. That's 2/7 of that volume that day attributed to shorts. And that's almost 50% of the entire OS of Phun. I can't understand what's going on there. A lot of people apparently disagree in its rise. That's for sure a good short squeeze. But where would it happen? Those shorts will now need a few days to cover in best case scenario if volume keeps dropping. They are either very brave, or they are just sure of themselves. I don't endorse it. I don't know how to value these deals. I just like to live life on the edge sometimes. I have free shares so I don't care. Just want all to know that danger lurks here.