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I agree, just saying that the way it was. before may not necessarily be the way going forward.
Im assuming that it was a big hindrance in the time it is taking to get this straightened out, my guess with the recent update that an auditor has gotten that resolved with the relevant parties. It just might not be what we had before.
I doubt that this route in dealing with the VHMC issue is going to be part of the route moving forward. It never happened, those shares were never distributed and the previous management going that route doesn’t exist anymore.
There is probably another way for Terry Stein to work a solution that we will find out about soon…
The update was greatly appreciated! Hopefully we start moving along soon…
Finally some great news! The frustration was getting the best of me.
Yeah it’s definitely strange since no one stateside can buy shares and it sounds like someone from over seas who can buy shares is spreading some discontent.
That’s a hopeful sign that something could be up, but from reading the court filings and seeing the bankruptcy proceedings… it just doesn’t look good.
Hope Jays right of course, I’m not selling my shares, I have plenty of capitol gains losses to ride this out for a longtime!
Yep, may take a while, who knows, but I think it’s toast for any recovery. Here’s to wishing haha!
This is my first bankruptcy gamble with the new EM exchange…it sure wasn’t as fun as other bankruptcy plays I’ve traded before that existed!
I don’t know man, but to me it looks like Durrant took Lenz and left us with debt and a shell…Jay keeps talking about a share recall, I don’t see it, a share recall if possible would have happened before they decide to sell the assets.
IMO it would have made sense to do that before Ch11, cause the squeeze and bring value to the shares and raise capitol for the company. That idn’t happen….
We may get lucky with a bone tossed to common shares, but a squeeze and a share recall doesn’t sound like it would make sense at this point.
I think Durrant gave up trying to run HGEN. He has taken his work somewhere else and left us holding our bags.
It’s over Jay, if Lenz was worth anything it wouldn’t have been given to Durrant for 2 million. There would have been an interest in bidding….there wasn’t anything.
He gets Lenz we get a shell that may be worth a few Pennie’s down the road.
The CEO has been doing the same crap here for 15+ years. Has never brought any viable company into this bloated 2 billion share shell. The share structure is basically blown out and there is currently nothing here as far as any real business entity. Pope the CEO has peddled everything from weed, dog treats, and even managing the filings of otc tickers…as he fails to keep up with his own ticker.
The charlatans use this shell as vehicle to tick flip this for purse snatching gains off of people who think they have stumbled on the next iHub runner.
Can you make money here? Sure it’s a game of hot potato flipping your shares for a few ticks…maybe. Charlatans already loaded sub .0003 shares and are more than happy to sell them to the next mark.
The way I’m seeing it, Durrant and Tarran get Lenz, we get the debt and what’s left in basically an empty shell.
Here are 95 pages telling us we are screwed.
https://document.epiq11.com/document/getdocumentsbydocket/?docketId=1061258&projectCode=HUM&docketNumber=155&source=DM
Taran will pay only 12 million in milestone payments if Lenz is approved…..$12 million! That values HGEN shares at about .10 if all milestone are met and payed within 7 years.
This is toast.
If Jay is right about $200 a shares you shouldn’t be worried about paying your fair share of long term capitol gains taxes on your nearly $1billion profit off a less than $1k investment!
Smart roads is a huge market with incalculable value for the future. Terrance’s patents would have been a critical part of that, I’m guessing his patents don’t hold water since others have been using the tech. He may have prospects for using the tech but that probably no longer has anything to do with PMPG.
Back to square one and I don’t think Stein has the energy or capability to do anything here at this point.
Haha!
Whoa I post that and the pps doubles
lol!
https://www.kxan.com/investigations/pioneer-or-guinea-pig-central-texas-highway-testing-tech-for-driverless-trucks/?utm_medium=referral&utm_source=facebook.com&utm_campaign=socialflow
Here is how the tech is being used…like I have argued many times.
Whether PMPG is legit or not when it comes to Terrance’s patents on the tech, well that another question and our defunct ticker is showing the answer.
https://pmpgholdings.com
“Good things coming” I don’t know even know what to say anymore, seems like the only thing left is a dead shell and Terry Stein.
Hope you’re right, but no other bids doesn’t sound promising to me. I would be happy to be wrong about that!
Yep sounds like we are hosed if the judge hands Lenz over to Durant for $2 million.
I do appreciate Jays optimism since that seems like the only long shot chance that shareholders will benefit, but I don’t see that as Durrant doing it out of the kindness of his heart!
Back to HGEN….well there isn’t anything positive so I guess that’s why we are discussing immigration instead.
I’m thinking Durrant is taking his toys (Lenz) and leaving HGEN shareholders with a dirty playpen. Maybe the unsecured creditors claim will stop him from doing so and he will have to make better arrangements for the mess he has at HGEN?
Or he can take it all and walk away with “promises” under no legal obligation.
I think we are hosed.
No other bidders…I don’t know man this ain’t looking so good for unsecured creditors imo. Hope I’m wrong
Says the guy who who bragged about the money he made while acknowledging that they were wrong before the run up?
Scammer
I think the ticker is going to fade with him unless he gets someone on board soon!
Doesn’t seem like anyone is willing to step in at this point, Clifford Pope at least gave this thing some hope (never thought I would day that lol!) now there doesn’t seem to be anything,
I wish I was as optimistic as that, but then again this is the first CH11 stock play I have seen since the EM tier and trading restrictions were put in place.
I have seen other CH11 plays make huge pps swings and volume during the CH11 process before EM, but this is new territory for me.
Fingers crossed here! My best trading and investing strategy so far haha!
Another poster posting for the first time on a bankrupt stock that’s on the EM? Why do you care?
I wouldn’t let them off that easy!
Wow, I’ve never seen that and I’ve traded plenty of sub penny stocks with orders of 10 million plus shares. Something caught their attention with your trade and it was probably the glitch that allowed your trade to go through!
Lucky glitch for you….hopefully!
Well we can combine our shares and flex some muscle as significant shareholders in any upcoming lawsuits as this plays out lol!
Same boat as me, I picked up a few million shares just under .02….I’ve seen crazier things happen, just never had shares when they did lol!
Come to think of it, I did have 100,000 shares during that time period, that’s worth almost $500 I guess.
I’m following you now, you are basing it on the $2 milly from Durant not the $3milly from the settlement, makes sense.
He won’t be getting .047 a share based on his share purchase after the cutoff date for those shares….
I bought shares at under .02, would be a nice gain of course but I don’t qualify for the settlement and nether does he if I’m reading it right.
Yeah I was surprised when I got the postcard but realized it didn’t apply to the share I bought after the delisting.
It does affect shares I had during the time frame.,,but .047?? Thats laughable
Are you referring to the settlement of .047 a share for the $200K pay out Jay? If so I believe that only applies to holders of a specific timeframe ending in July 2022 I think.
I could see that if the stock was actually trading, but it currently isn’t. Why pay anyone to post on an EM ticker?
My wishful thinking is a short position that hasn’t been covered maybe? Or it could just be a gamble from foreign accounts buying trip zero shares from folks enticed to give up.
The question really though is why?
I can guess from the posts that this posters first language isn’t English. My assumption is that it’s someone who can buy through a foreign account and hoping to entice selling to fill their buy order.
Who knows but it sure is a lot of effort to continually post, create new accounts post the same thing over and over again….they have something to gain for doing it.
I see you Moderna…
There is no spread, no bid, no ask.
What cash position? There is no cash, no revenue, just shares to sell.
Pope probably made some cash off PMPG, but hasn’t mad a dime in any of the many business prospects that have never come to fruition at IJJP.
Just charlatans snatching purses from clueless tourists on a subway….
43M .0005 bid got dumped in to, 14 million on the ask…charlatans stealing purses on a subway train.