Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
King...as you know the first chairman of the SEC was Joe Kennedy select by who was President at that time. Each President chooses who sits in that chair. Yes Sleepy Joe pick someone but that isn't why I posted to you my reasoning is because the super huge amount of public traded business that exist and that start up each year is gigantically enormous which makes house keeping and cleanup work almost impossible. By the time they would get to the problem the workers/attorneys and chairman would have moved on or retired.
Now when the time comes or nearing the next phase of HDC death (MY UNDERSTANDING IS) the SEC will notify HDC of a meeting but if there is no one to pickup the phone at the HDC offices or perhaps where ever and if ever that the SEC should send to HDC. I don't know how many more weeks before any actions happen by the SEC. I believe by now that 99.9 % of investors know that we are dead meat.
It is called "P.S.S" for the Penny Stock Syndrome
Sunspotter...hope you and family are enjoying the season and of course the New Year.
As to the Georgia Court referencing HDC/Vennwest we are up into the #90 documents. HDC wanted the court (prior) to make a summary judgement but now you can see that Kevin Kowbel is entering this case as follows.
I, Kevin Kowbel, hereby state, under penalties of perjury, that the statements
contained herein are made of my personal knowledge and are true and correct to
the best of my knowledge:
1. My name is Kevin Kowbel. I am over the age of eighteen and
competent to provide this declaration. The matters stated below are based upon my
personal knowledge, and I have personal knowledge of the facts and documents
discussed herein.
2. I am a current shareholder of Health Discovery Corporation ("HDC").
3. I served on the Board of Directors ofHDC from July 25, 2013 to March
19, 2018. During that time, I served as Chairman of the Board and CEO from July
25, 2013, to February 24, 2017, at which point the other two Board members, Mr.
George McGovern, III, and Mr. William Quirk voted to install Mr. McGovern as
Chairman and CEO.
4. In my tenure as Chairman and CEO of HDC, I did not take a salary at
any point.
5. While Chairman and CEO ofHDC, HDC raised money through private
equity investment and commercializing HDC's intellectual property assets. In
particular, I worked with HDC's then-partner NeoGenomics Laboratories.
The First McGovern-Dengler Loan
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 2 of 5
6. The first loan by Mr. McGovern and Mr. Jim Dengler to HDC, for
$300,000.00, was voted on at the Board's October 23, 2017, meeting. (Minutes of
October 23, 2017 Meeting of Board of Directors, attached hereto as Exhibit 1, at 1.)
7. The October 23, 2017, meeting minutes state that "numerous" funding
options were explored by Mr. McGovern for HOC and the Neogenomics litigation.
However, neither during the Board meeting nor any time prior were the possibility
of bankruptcy or any funding options discussed by the Board collectively.
8. At the meeting, I learned that Mr. McGovern had privately discussed
his and Mr. Dengler's loan with every board member (Mr. James Murphy, Mr. Ed
Morrison, and Mr. Marty Delmonte) except me.
9. I demanded that the meeting minutes reflect that all other Board
members were previously informed of Mr. McGovern's loan plan except myself and
that no other options were ever explored or presented to the Board for
consideration-however, my concerns were not included in the minutes.
10. Because it became immediately apparent the Board meeting was a
formality to approve the first McGovern-Dengler loan, I abstained from voting
because I was not given any time to formally consider the terms or introduce
alternative options and wanted to make my stance in opposition to the loan formal.
11. During the meeting, Mr. McGovern also proposed and passed a motion
granting Mr. Murphy and Mr. Morrison stock option awards of 2,000,000 options
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 3 of 5
and Mr. Delmonte and Mr. McGovern 3,500,000 options each. I was not awarded
any options by the Board.
12. On March 19, 2018, I resigned from HDC's Board of Directors. (See
HDC Form 8-K dated March 23, 2018, attached hereto as Exhibit 2, at 1.) I believed
the decisions Mr. McGovern was making were not in the best interests of HDC or
its shareholders. I also feared that I could become personally liable for the decisions
the Board had and would continue to make and wanted to separate myself from the
clear self-dealing of the Board.
The Second McGovern-Dengler Loan
13. On April 26, 2019, HDC reported to the SEC, via a Form 8-K filing,
that Mr. McGovern and Mr. Dengler loaned HDC an additional $200,000.00. (HDC
Form 8-K dated April 26, 2019, attached hereto as Exhibit 3, at 1.) However, the
Board actually met and approved the loan on August 1, 2018. (Minutes of August 1,
2018 Meeting of Board of Directors, attached hereto as Exhibit 4, at 1.)
14. The Board of Directors did not inform shareholders that HDC needed
additional funding, nor did the Board solicit any source outside of the Board for
funding before approving the second McGovern-Dengler loan. Accordingly, neither
myself nor other shareholder had an opportunity to offer financial assistance for
consideration by the Board.
Case 1:20-cv-03386-VMC Document 90 Filed 01/09/24 Page 4 of 5
15. The April 26, 2019, Form 8-K states "[A]s previously disclosed, Health
Discovery Corporation (the "Company") issued a convertible promissory note to
George H.McGovern, III ... " Exhibit 3 at 2.However, the Board never informed
shareholders that it had approved the second McGovern-Dengler loan by internal
communication or by required SEC Form 8-K filing at the time the loan was made.
The Third McGovern-Dengler Loan
16. The Board met on April 22, 2019, at which time it discussed the need
for an additional $62,000.00 to fund arbitration costs needed to issue a final ruling.
(Minutes of April 22, 2019, Meeting of Board of Directors, attached hereto as
Exhibit 5, at 2).
17. While the minutes discuss the need for immediate funding, the Board
did not inform shareholders of this need or request funding from any shareholders.
18. Like the second loan, the shareholders and I learned of the third loan
after the fact as the Board did not file SEC updates until after the loans were made.
I declare under penalties of perjury that the foregoing is true and correct.
Executed on January 3, 2024.
Kevin Kowbe
I feel the same way but understand it was no different with George McGovern and know since they approved this You Tube link the family must be well aware that this was recorded and sent into public domain. Remember, they chose to make this public and no I personally don't agree with posting as this.
If people wish to have that post removed just request "sunspotter" to remove it.
GoodSport let them know over on Yahoo.
As far as I'm concern I understand how many celebrate death but believe it should be private for a period of time however just like George McGovern's Mass that was on You tube now comes his son which is Colleens brother. In this video at approximately 3.33 minutes I believe you will see Shelly and Colleen. George was first married to Shelly and had three children with her. They were divorced years ago, that is from my understanding.
Just know Colleen needs remaining family support.
Ou71764...so maybe there is a damn curse involving HDC, another very sad day.
Just so a few know earlier this morning there was no document #85 involving a time extension request by VennWest but of course just now seeing a post on Yahoo I checked and it is available but not worth pulling since we know it is only a extension request by Vennwest. The extension just involves time frame to move the deadline from today Jan 5th to the 9th of JAN.
Chazzy, maybe post this on Yahoo and explain things? This post is not to take away anything that Bill Q had said but to better understand what a few of us have been saying...as follows was Bill's post a year or so ago
Maybe Colleen might let Mr. Fromholzer put out another 8-K about the latest business strategy. He has had plenty of time to think about what he might say so why not give him a shot at two out of three chance to get it right.
HDC might drive you to drink a bit too much tonight and know if you decide to get behind the wheel you can never reverse what may occur....as for our HDC investment we can simply move on.
I am only a layman (seriously) but will state clearly that A.I.- MACHINE LEARNING has been my investment and studies since 2003. I will say Dent has missed the A.I. but can pay someone else licensing fees and during the growth of our company have Inventors modify patents and continue into the next phases of growth within the patent technologies and growth of the company. Dr. Dent may not have the knowledge nor the know-how directly but when you are a professional as he is he will find the people that can-do if he can't do.
I like his (Dr.Dents) personality as he is now blossoming - maybe his wife final said %^%^(%(...hey, who knows? 😎
Dr. Dent fully knows where the train is and how to get there but it doesn't mean that is his top priority meaning he could be far too caring and the company aspects might take way too long to fully develop yet he is running the company as he sees fit not as other investors or as I want. We have great management but it doesn't mean this company will ever fly like an Eagle but we know it will fly and don't need to worry about management like we do with so many other Penny stocks.
Now if HDC files bankruptcy the OTC will DELETE the company and all stock will normal hit the bricks unless HDC has a bankruptcy plan that includes shareholders.
If the we don't file Bankruptcy when it comes time for the OTC to move us off of the Expert Market down deeper into the HDC curse we will be placed into the Grey Market. HDC could over come this market and trade on the pinks again but really, we have been beat up so badly we can't even moan anymore.
A.I. technology yes but Dr. Dent will need to license from some other company or pay out big time to have a A.I patent Inventor help him. Also there are roughly 100,000 A.I. patents worldwide so it would pay us to license from someone. I say this for many reasons but mainly the time element, Dr. Dents short comings involving patent writing, I didn't say engineering but the wording (enough about this for now). If you license patent usage you are generally not stepping on eggs waiting for all kinds of legals involving other patents crossing over other Inventors or other corporations. At this stage our patent would not be challenged by two other inventors but as our patent sits it must be continued and evolve into another patent to gain greater scope and engineering. This isn't important right now but Dr. Dent must be aware of this. I explained about our patent prior; when the company first said they have a patent pending and I couldn't pull anything other than trademarks over a period of 1.5-2 years I knew he didn't follow through with our patent application. Now that the patent application was filed we could see it, you can dig into the filing aspects and see when Dr. Dent first filed for a provisional that protects you for 1 year but before that year is up you must produce your patent application writings. Dent failed but within 5 days after that provisional was scrapped he started again. When we heard/seen the actual application you are able to dig into the history to see what the USPTO refused in each patent application. It is very important to understand that just because the USPTO gives you a patent the patent owner doesn't know if it will stand a challenge involving PTAB due to patent infringement The USPTO tries to do their best in issuing but the oversight is massive when considering all the technical BS plus the politics. So, this is one reason why Dent should consider paying a license fee to someone who has everything intact rock solid that their patents have stood the time. It is important to have the money when some of these issue in a patent war with someone could take 10 plus years to resolve. I will say though since we know how Dent operates and know of his professional business skills I sense that he would be more than willing to work on resolving any patent issues with other corporations. In other words he isn't a greedy man he just wants to have his own space to present to the world something in the medical world to help many others.
Now do know Dr. Dent picked one of the largest corporation in the world to engineer our patent but some of the wordings, (strike the word cell phone yet the device is a cell phone) might comeback and bite us years down the road but maybe not.
It will be cool to see the next patent application....I also have hope that the company will list to application numbers for some people that like digging into this area.
Take my words lightly but is always straight off the cuff
Look at all the tax losses
Time Price Volume Market
12/28 0.0001 5000 OTCBB
12/28 0.0001 100000 OTCBB
12/28 0.0001 1000 OTCBB
12/28 0.0001 2600 OTCBB
12/28 0.0001 3075 OTCBB
12/28 0.0001 7000 OTCBB
12/27 0.0001 30189 OTCBB
12/26 0.0001 350000 OTCBB
12/26 0.0001 25000 OTCBB
12/26 0.0001 20956 OTCBB
12/26 0.0001 19100 OTCBB
12/26 0.0001 19200 OTCBB
12/26 0.0001 10400 OTCBB
12/26 0.0001 90000 OTCBB
12/26 0.0001 3195 OTCBB
12/26 0.0001 10000 OTCBB
12/21 0.0001 30000 OTCBB
12/21 0.0001 4000 OTCBB
12/21 0.0002 10000 OTCBB
12/19 0.0001 105000 OTCBB
12/19 0.0001 100000 OTCBB
12/18 0.0001 100 OTCBB
12/18 0.0001 50000 OTCBB
12/18 0.0001 250 OTCBB
12/18 0.0001 90000 OTCBB
12/18 0.0001 500 OTCBB
12/18 0.0001 600 OTCBB
12/18 0.0001 25000 OTCBB
12/18 0.0001 68900 OTCBB
12/15 0.0001 30000 OTCBB
12/14 0.0002 1000 OTCBB
12/14 0.0001 5000 OTCBB
12/14 i 0.0002 1 OTCBB
12/14 0.0001 6000 OTCBB
12/13 0.0001 10000 OTCBB
12/13 0.0001 10000 OTCBB
12/13 0.0001 100 OTCBB
11/29 0.0001 100 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 40 OTCBB
11/29 i 0.0001 50 OTCBB
11/29 i 0.0001 10 OTCBB
11/29 0.0001 16500 OTCBB
11/29 0.00001 652000 OTCBB
11/28 0.0001 95000 OTCBB
11/16 0.0001 500 OTCBB
11/16 z 0.0001 15000 OTCBB
11/13 0.000001 556499 OTCBB
11/01 z 0.0001 100 OTCBB
Today will tell the tale about last minute decisions involving 2023 taxes.
Buylow..I'm sure Charles would/will answer you as soon as he can. Yahoo (which you probably already know) is his main message board to post on. We are not the same person I do not post on Yahoo.
Lefty...of course we are done but it isn't official....also if you wish to remain positive do know that once we are thrown into the GREY bread basket it still doesn't mean a company such as ours or any other in the same Expert market that will soon kiss the Grey Market can't become public trading again however, we have been beaten so badly with no food..oops, money or powerful patents to even think of becoming tradable again. I do hope I am dead wrong (but doubt that) because 90 percent of my money here is in my ROTH account(s)...I retired in 2007 so my a$$ isn't going to even think of working again. Actually our chances of hitting the Lottery are better than HDC's chances of becoming tradable stock again.
At any rate we must wait for a speech from HDC to "officially" close this company....hey, what's a another 20 years matter?
We know Dr. Dent and O' Leary are professionals and we knew they work behind the scenes, as far as I'm concern, but no doubt they continue to move forward. As I had thought he just doesn't push this stock nor seems that worried about it. He has a game plan and he just won't quit as it isn't in his blood to do so. The company continues endlessly to adjust and modify whatever needs to be done. They move like a Sloth yet once he passes by you can really shake your head and see just how big Dent's feet really are. Have you checked the modifications to their website lately?
Reference Patents (now that is an area for me) As their main patent that must be continued into another since wording and meaning are really the same (discussions about my concern here, too soon to worry right now) lets see how the future scope of patents and how they are written.
Dr. Michael Dent has really done well with this shareholder letter and marks several positive points that I have forgotten and behold a several eye opening points of our future.
I must say Well done Dr. Dent well done
https://www.sec.gov/Archives/edgar/data/1680139/000121390023098864/ea190780ex99-1_healthlynked.htm
Charles...take your pick? ...Merry Christmas to everyone who may enjoy, bring a smile to someone that you don't know.
https://youtu.be/3rnPHlOHb7g?t=6
Not a chance, Charles wishes to remain positive which is great....now if HDC really wants to drop say $500k down my chimney Christmas eve I will not have the usual fire burning that evening...I know what you are thinking but know Santa uses our front door instead of the chimney, anyways he enjoys cookies, hot chocolate, and hot women.🙂
OK.. everyone that thinks it is just a matter of HDC to "simply" file all their late Quarterly and 10-K filings to trade again raise your hand but keep the other behind your back with your fingers crossed as it can't happen as such...now now don't roll your eyes..
Well Merry Christmas to you...I wonder??? try closing 1 eye when you hit the send button on your computer, that is if you are using a computer. That way maybe that will help the double posting however, maybe if I close one eye I will only see one of those double posts? Hey, if we can't have some humor all this HDC stress won't be worth none of this mess especially over waiting 20 years. I don't know what it will be like on the outside sitting in this prison for the past 20 plus years?
I'll probably find myself right back here
What does everyone else think? Now once I think about my last post I feel as if VennWest knows that the Judge will grant a ruling in this case to finally end it. I believe HDC will be successful in getting this case closed so they can file bankruptcy. I just don't see HDC filing any 10-K period as I believe the uphill battle can not be defeated. This also would mean in my thoughts that "ALL" the shares in all series are shot to hell too as is ours. OK, dream on Intel was holding back and will now give us a $1B boost like hell🤪
Hey if we can't laugh all this mess off then that means you are stuck with it forever....be back later running to Publix.
12-21-23 Georgia Court doc# 83
Robert S. Frenchman and Kenneth A. Caruso,
from Mukasey Frenchman LLP, withdraw as
counsel for VennWest. There is no need for
substitute counsel as Robert J. Kaufman from
Chalmer, Adams, Backer & Kaufman, LLC,
who is also counsel of record for VennWest
in the above - captioned actions.
____________________________________
Seems to me maybe the parties
came to some type of agreement?
I see nothing new involving SEC or at the
Georgia Corporations office. I will check
OTCmarket next for any changes involving
HDC.
Yes Charles that is me. I haven't been home all day and turning in right now.
~Happy Holiday Hours~
It's that time again for iHub's annual Happy Holiday Hours! Now through January 1st, all Users have access to premium message board features during this time.
In short both parties agreed to a short extension of time ("appears to me" ONLY, due to Christmas and New Year holiday) DOC 81, 81-1
Hello Zenos... doc# 82
Today 12-19-23 Georgia Court, Guess what?
As usual both parties are at it and arguing but as of today the
Judge ordered that the Plaintiff may have until and through the
5th of January, 2024, to file its response to Defendants'
Motion for Summary Judgement.
BTW...DOC 81 & 81-1 are not worth posting just BS from each party
with acknowledgment. .
ZEE...it all came down to who will loan HDC money and under what circumstances/cost to HDC. Now think about this? If you were CEO and you and a close business friend were to loan money to HDC would you not protect your a$$? George did the deal that actually saved the company for a bit longer while assuring George something if all this soured or should HDC (Within a certain time period as expressed in the deal) share price fly like an eagle. Where we stand today all those shares are basically like ours as there isn't any real tangible assets but I could be wrong? ...there again only went wrong with my first two wives, anyways why Colleen won't come clean with an 8-K stating limited operation until attorneys can wind up the company. It isn't like we will ever see HDC trade again so what is her fear? Nothing is worth jack but maybe "Hartford" could use our trading symbol when all this is said and done.
...and yes I hated to see those "D" series shares but got us by a bit longer....as I see this "if" there isn't any tangible assets or share price George and James have nothing just like us.
...Marty maybe Colleen will pay you but might be hard to squeeze even pennies out of anything that is left I mean you know they must pay to file bankruptcy as we can't do that with our looks or being a good ole boy now can we?
The SEC did not need to intervene and you will see Vennwest collapse away when the Judge handles that case so with that you will see why George did not need SEC or anyone else to intervene however and yes it still sucks.
That sounds straight up and absolute but do feel (personally) that HDC wasn't mainly into the business of suing everyone in town but rather there was nothing left and it was one thing after another and both HDC and Intel got sucked deeper into the folds and just couldn't or wouldn't let go. I do think any company that is strictly in the business just suing corporations since all they trout are patents is BS, they better have millions upon millions sitting gathering dust to wait out the time it takes to complete everything, there are no guarantees. It would seem it isn't wise to sue without a strong business support and some type of product bring steady income while lawsuit plays out.
On a much better subject we have Christmas to enjoy and family
ZEE...don't worry about the farm girl he's alright.
I do not believe we will see a 10-K period but maybe HDC can't dump their shares unless we are trading again however, with everyone running to the door to sell @.01-.05 who in the world is going to buy these shares, meaning, it would cost more to establish trading again and not guarantee management success in running over the top of all our dead bodies in order to make it out the door before the door slams shut trapping them among the dead
Charles........
BuyLow...it doesn't take BQ to figure all this out does it? I mean if there was anything that HDC was happy about they would have said something that didn't even need to be about the settlement (as I have said over and over like a broken record and further more and a again like a broken record I stated HDC is too damn chicken to come clean with us shareholders...means the SOS no respect for shareholders. Mr Fromholzer was not needed as there is no need for him. As for Mr Morrison we hear what?
I see it this way HDC must try and hang in here for the clear benefit for themselves meaning once the Judge pushes Vennwest clear of HDC as for Insurance money for Vennwest (I think NOT) ....ALSO I really would like to know if HDC did pay their Insurance premiums as this might be another reason why HDC fought Vennwest so hard.
I must say though the main reason if I were the CEO of HDC I would fight Vennwest for the main purpose to make sure any and all of the HDC shares are not taken from me and I am free to do whatever I wish with HDC. I could collapse the company and shed all shareholders then reopen...who knows maybe Colleen and Morrison might use this public company for their own business interests such as media (Colleen) and or Dental as in Mr. Morrison.
I have many various thoughts but the main one is HDC has never nor ever will look out for us shareholders it is all about themselves and as I see things BQ is no different if you look at the histoiry. Now me I'm just s DA shareholder but the players were or are directors are they not? Simply said yes they were.