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The "i could be wrong" was tongue in Cheek..
I did the research with available Information..
No One including you has provided Evidence to the contrary ...
I will ask again ...
Show me where and How the 2022 loan was paid back ..
Pppsssst ... That loan was paid for by Neogenomics $$$ in 2019 ...
But was the 2022 loan under the same conditions i see mbmoney and i discussing in 2022 repaid ?? ( post 16782 ) 8k on March 24, 2022
Not if the 2 mill went to lawyers and the people the company owed (based on Marty's letter ) ...
I could be wrong .. but if not ..
Mic drop
What Chazzy is saying is that he still hasnt read the loan agreement ive harped on for over a year ...
There is a clear path to the ownership of the Patents in a bankruptcy situation ...
A conspiracy view of the situation makes it all make perfect sense..
But we will see how it all plays out ..
How much of the 2.25 Mill is owed to ..
A: Lawyers
B: Marty and other debtors he claimed were not getting paid ..
C. Former CEO's Estate and possibly other insiders who have not been paid ..
D: Filing costs to begin attempting to get to a higher exchange ..
What is left to Resurrect this Company and make it viable if it returned to trading ... ?
My guess is its enough for the broom to sweep the cubicle of The "office" out ..
Less than 3 higher ups 2 of which have family ties and no real employees ....
Where does this new Mgt team come from and how are they paid ?
What is the company selling and to who once resurrected and who's $$$ to get it started. ?
I may not get your point ..
But i get THE point ...
There is no rosy future here for current investors ..
There just isnt any semblance of a viable company ...
Which is going to make any attempt to regain trading a very uphill climb ...
Good luck..
Speculation with totally incorrect numbers is a fools game ....
There are well over 600 mill shares out after warrants and yes options are converted ..
This is the information available 2 years ago in the last filing ...
See my previous posts on the matter ...
How close is the company to the 900 mill authorized ?
My thoughts are now that that last Deposition is public in a court filing ...
Things got even more Squirrely for insiders as that could be used in future litigation against them were they to continue with the obvious end run around shareholders ...
Good luck ..
The Retired directors statements are standard everythings ok im not going away mad statements in my opinion ..
Compared to Martys scathing exit ...
You didnt answer my one question ..
Who testifies in Court ?
Saying its a Ex-Wife only increases the luster ..
She surely has no interest ..
In my research years ago it showed the loser would pay the legal bill ..
With no "loser" ..
They still need to be paid ..
How much of 2 mill do they get after a couple years fight against intel ?
My guess is most ..
Whats left is to buy a broom to sweep out the office on the way out ..
If the Case had gone forward I believe even if they were on contingency..
The plaintiff still pays certain costs including filing fees and expert witnesses...
Once again .. who would they be for HDVY ? How would they be paid ?
There is no $$ ..
There hasnt been according to Marty ..
Far as friends and family as shareholders go ..
They can't say nobody tried ...
This could have been over years ago ..
If the Case went forward but HDVY was "dropped" off the Expert market in December or January .. effectively shutting the companys doors for them ..
Where would shareholders be ?
From the now outside looking in ..
I dont think some here get the big picture ...
The "Company" was going down for the 3rd time ..
There is no future if you can only get 2 million from the biggest offender
"loans" were given that give control to a precious few in the companys demise..
Fast-forward ..
Company has to have been Out of $$ for many months ..
Now the Main player is gone ..
Leaving ...
A Wife ..
a Daughter with her own gig ..
And i believe now 1 board member ..
Rumor is at least one of them cant make decisions due to mental conditions..
IF HDVY were to have gone to Court next year .. who would have testified ?
My thoughts are the Family said throw in the towel ...
This was dads Gig and were moving on ....
If they closed up shop ..
There isnt $$ to pay for for creation of filings or announcements ...........
Dont think i have ever researched how a company with a symbol "ceases biz" ..
As every one ive ever followed was bought for the symbol if nothing else ..
Look at the Terms of the Loan from years ago ...
Insert known knowledge ..
Company has to be out of $$ ..
CEO RIP ..
Not filing ..
Has 3 months tops to get current ..
My Guess is Company was dissolved .. not sure a filing is needed the only thing against that is the continued quotes and very low volume trades occuring ..
Patent Rights then go to loan crew from years ago ..
And one of 2 scenarios ..
No proof of enough $$ to go after intel
OR
yea loan crew sold cheap as it all went to them and the lawyers cuz company no longer exists ..
Those talking litigation against company or loan crew need to realize it appears they have the agreement from years ago backing this scenario ..
That said
The stock symbol is worth something if i am wrong about its demise and company filings are done ..
But in that scenario dilloution would occur to the 900 mill available ..
Something i have always said would have to happen to move forward ..
Expected effects crippling to current shareholders ..
As the next move would be a reverse split .. something old mgt avoided ....
Just my thoughts ..
Your milage may vary ..
I Never felt smarter than the day i read you had sold ...
Knowing i had also ...
I got your Vibe about Mgt long before then And had decided to at least break even or make a little on the run up ..
Sold some @ .13 then a chunk @ .39 ..
The rest on the court decision day ..
My thoughts echo yours then and now ..
Glad im out ..
But its like a car wreck ..
Cant look away ..
Enjoy your $$ ..
you earned it by taking that risk under a penny ..
Well played ...
Food for thought ..
None of this addresses the 18 month Deadline to stay on the Expert Market ...
I had thought that deadline was over ..
locwolf seemed to believe July ..
either way ..
Its August what is the Gameplan ...
Something no one Else has mentioned ..
From the loans years ago ..
There were more individuals than just the CEO that stood to benefit from the Companies demise ..
IE .. loan was worded so if Company went out of biz ..
They would control the patents going forward ...
We have seen no reference to those individuals lately although they basically controll the company through those loans ...
Only Colleen the Deceased CEO'S daughter is being talked about ...
There was a hearing with Venwest tuesday ???
Any details ?
Nvm .. punted to July ....
Sand is running thin in the hourglass ..
Soooo... Any filings from last Thursdays meeting ?
Who asked for the delay this time ?
I think you need to go read Martys letter again ..
And ask yourself why he would re-involve himself with this shit show...
The Only reason would be lots and lots of $$$$ ..
Most of which he probably gets via held shares at this point ..
Why step back in and risk further embarrassment ?
Not gonna happen ..
Find another way forward that doesn't involve Marty ...
My thoughts lean to HDVY buying time and trying to ignore the vennwest and shareholder situation ...
They know the intel dates are far out now and need to plan accordingly ..
I still say shares will have to be sold ..
the Judge wanting Share Structure info ...
And HDVY boys not wanting that info out is a possibility...
Cuz it s changed ?
Or about to change ?
One thing for sure Vennwest sure is a pain in the ask ..
Callmeacabs post from September sure looks like it was directors ..
I havent dug into filings...
We got hosed Tommy .. we got hosed ..
Wow ... Just checked in ..
And really in disbelief ...
70% of ANI ( applied nanotech APNT .. nano proprietary NNPP.. si diamond tech .. SIDT.. etc ... sold for $500k back to directors .. sheeesh
Anyone who was here the morning of Sept 11 2001 would find that a unreal figure .....
The full circle moment for me today is remembering Zvi Yaniv used to promote Samsung as the "good guy" in the Arena ..
But with Fridays big Court loss to NLST .
Samsung has only solidified they are thiefs as well ..
Mighta took 20+ years of hard knocks in the market similar to sept 11 2001 But the Bartnda from Raging Bull finally picked a winner in NLST ...
I still have a few of the reverse split NMGX shares here ..
good to see it might be trading again..
Will put back on watch lists and look for opportunities but if the screen technology is dead my interest will be strictly a momo trade ..
the luv is gone ...
Not many warm fuzzies here ..
It would appear vennwest is getting what they asked for ...
But what is the timeframe ?
Cant be good as it clouds any finalization with Intel ..
Who is .. imo .. still stalling as they realize HDVY remains in a pickle ..
I believe 2 months left on this expert exchange ... And poof out o biz ....
Is how i read it .. ymmv
Which if others have followed the loans means a select few still control the patents (cuz they loaned $$ to HDVY for past several years {see filings} )
And shareholders get nothing ...
That would have to be worse case ..
And means if hdvy is to continue ..
financing using the approx 250 mill mill shares left in the 900 mill authorized and filings must be done pretty quickly here ..
Or settlement / buyout ...
Terms of which have to be getting worse every day ...
Loc .. you are right its embarrassing how little you "know" at this point ... Based on how closely you follow and report here ..
you should know there are ALREADY more than 600 Mill shares after all warrants and options are converted or exercised..
Still dont know how many more of the 900 mill shares available will be used for the final financing which is obviously needed ..
Also it has been discussed here that Attorney fees are paid by the loser ..
You do have one thing right ..
Tempered expectations of possible $$ coming in and no chance of a future after litigation ..
Yes Zenos ..
That is what I was referencing ..
My Apologies ..
8 WEEKS .. not months ..
Still even a month delay pushes many to take Tax losses at this point ..
If they can arrange the trade ...
Poster on one of the boards indicated the AVERAGE time for this decision was 8 months..
Not the 30 days I've seen elsewhere ..
I have not researched ...
Game changer for sure and probably why seeing higher volumes at lower prices ..
Imagine we are seeing Tax loss sales with the bigger volume ..
Last I looked .. Intel had not even mentioned the Case in their filings ...
How can they at this point say ..
Ohh sorry shareholders we have a big debt to pay ?
Imo .. Intel obviously sees plenty of time to make that declaration ..
Meaning no settlement anytime soon ..
Intel will have to inform shareholders via filing if they are about to lose big $$$$ .
What are the thoughts on a new case number being assigned ?
Loc .. If you had to write a resignation letter like that..
Would you come back ?
My moral compass says hell no .. not a chance ..
The 10k is now at least 6 months late ..
It's not about $$ at this point ..
Why no filings ?
My guesses are twofold ..
Venwest obfuscation (IE: the info in the filing could be used against hdvy and may show where citadels shares came from ... )
or at this point ..
Rolling the dice on upcoming court action ..
Crap out there .. was no need to spend the $$ on the filing..
In either case .. the cash is about gone . .
Success in court only means another loan is needed..
That premise was based on courts usually move faster than the patent office ..
With the court delay you are correct that probably won't happen ..
I don't know where this is headed ..
And didn't after the dismissal ..
So I sold it all after selling some on the way up ...
.
3rd time decent profit in 20+ years ..
Noted on another platform ..
As this board was .. and is still too controlled ..
I've been demoted to Fudster on other boards for pointing out the obvious realities that few seem to grasp ...
I wish everyone luck here but my contributions will be minimal ..
Possibly another shot here @ $$ ..
But the fog is too thick to see it coming ..
I will wait for some sunshine ..
Thank you for the update ..
Complicates any buyout or settlement with Intel for sure ..
We don't even know who ends up with control of the company it appears to me ..
I kinda thought it was the other way around ...
Venwest Vrs hdvy ?
Last 10 q filing shows discovery started I thought
Any updates via court ?
We know we aren't getting updates via filings .......
Current Status of Venwest litigation ?
Testing ... Testing ...
Yep .04 Got Tested ...
May have stopped the bleeding .. but reality persists..
6 months of cash and a court case that will take longer ..
You do the Math ..
Not about the revenues ..
It's about perception ..
Such a glorious future but couldn't afford filings ...........
Bigger deal than you propose I would think ..
The new guy @ .04 gonna get tested I believe ..
Note News Alert above ..
Can't make this stuff up ...
That wording alarmed me also ..
6 months of cash based on last year's numbers ...
Last trial was 18 months In with 6 more months to go ..
Can't make this stuff up ...
For now .. Appeal is only way this becomes viable ..
Welp .. The light Bill is paid ..
With the usual consequences ..
Sure doesn't seem like enough $$ to get far ..
But the doors are still open ..
Carry on ..
Who is paying the Light Bill in 2 Weeks ?
Money is gone ..
Especially with new litigation (appeal) costs ..
Dilloution either happened with the CDEL deal .. Or is coming ..
Beware the Friday 8-k
Technology reminding me about a stocks actions I owned 12 years ago ...
Stock went from .05 to .26 in a couple weeks ..
Not 100% it was HDVY but the odds are very good ...
Believe I sold some in the low .30s kept a batch
Sounds familiar huh ...
Pretty sure that was my 2nd Run with the stock..
First one being under the DWCM name..
Gotta luv History ...
Repeats itself if ya give it Time ...
Locwolf ..
You might want to check your Math ..
Other Posts here have indicated attorney fees will be paid by intel if they lose ..
On top of any court award ..
No need to include them in any winning scenario ..