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Absolutely done!
The Company has incurred cumulative net losses since inception of $68,375,078 at September 30, 2023. Accordingly, it requires capital to fund working capital deficits and for future operating activities to take place.
At September 30, 2023, the Company had cash of $1,094.00 available to fund its operations. The Company needs to raise additional capital during the year ending September 30, 2024 to fund its ongoing business activities.
I believe it is safe to say that if Jason started a "GoFundMe" account he could raise more than $1049.00 before dinner time.
Jack, hope you were able to at least break even, expert market, no money, share structure would need restructuring, no real shareholder value,no real product(s) typical of the history since 1999....so kiss this one good bye....BTW it seems not even Jason was ever able to unload any shares which means just about everyone within the investment world knew the past of the man with the golden tongue.
Now if you are looking for the basic "present" businesses that Dent has they can be found here.....
Florida Corporations..........
Naples Women's Center llc
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=Initial&searchNameOrder=MICHAELDENTTDR%20L070000780340&aggregateId=flal-l07000078034-876149d2-a94f-484c-ba1d-204a3dea3bfd&searchTerm=michael%20dent&listNameOrder=MICHAELDENTON%208242066
HLYK Florida llc
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=Initial&searchNameOrder=DENTMICHAELDR%20L180001588191&aggregateId=flal-l18000158819-166b243d-a1a5-455e-8984-3a83f9d678c4&searchTerm=Dent%20Michael&listNameOrder=DENTMICHAEL%20L130001672181
Forever Movie llc
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=Initial&searchNameOrder=DENTMICHAEL%20L220004856370&aggregateId=flal-l22000485637-901fadc0-2a57-4de1-885a-69660e3a38e4&searchTerm=Dent%20Michael&listNameOrder=DENTMICHAEL%20L130001672181
HealthLynked Corporation
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=Initial&searchNameOrder=DENTMICHAELMD%20F180000032181&aggregateId=forp-f18000003218-a3ea2964-602e-4ff3-a994-78e6305d5c7b&searchTerm=Dent%20Michael&listNameOrder=DENTMICHAEL%20L130001672181
UJMI llc
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=ForwardList&searchNameOrder=DENTMICHAELT%20L160001646492&aggregateId=flal-l16000164649-0dc90185-f31b-4b91-898a-49616c2366a3&searchTerm=Dent%20Michael&listNameOrder=DENTMICHAELMD%20L040000557180
Now NEVADA Corporations office is a bit more restrictive, no sunshine law like down in Florida but some information is freely available referencing HLYK You can go to Nevada Corporations office and search for Healthlynked or it's EO# 405862014-1
______________________________________________________-
Will post typical USPTO and PACER access/website(s) information today.
_________________________________________________________
BTW....Nevada is also one the two best places to set up a TRUST.
I'm afraid if we don't deal with licensing other corporations patents we just will remain a mom-and-pop business. Our existing patent doesn't have enough integrity to do very much if anything but Dr. Dent remains positive and why not. I see our patent as at least something but nothing more. When Dent did file the provisional prior, you may have heard me discuss the one year time element. Anyways Dent did not complete the provisional within that year, to then file a patent application. At any rate the patent we have is extremely elementary so my hope...excuse me, he had better "continue" that patent and of course file other application depending.
I have a bit of fear now that George will leave after 10-k filing. Dr. Dent seems to be too cautious or works to slow...does he delegate well?
Their typical medical businesses that they have enjoyed for years keeps them busy plus money coming in but for us shareholders?
AI is a big business and Dr. Dent would like that challenge of the AI mix but there are so many players far ahead and that hold real AI and other machine learning patents It is like HLYK trying to enter a Model-A on a Interstate/freeway. We need another player.
Buylow...now know, I'm not sure.... but just take this for consideration and put it in memory for later.
Is it possible if HDC has any money left after everything is all said and done, the stock will get "deleted" from the market, then any monies left over would be divided among shareholders? I'm not sure if it takes # 1 a company just closing it's doors or #2 a company filing bankruptcy and then closing it's doors. At any rate if this should happen I believe it would be around a year before we get any result from when this starts if it does. I have no real clue about this but perhaps someone else might.
Would be nice to stay positive like Charles but after all these years no can do and yes HDC should cut the damn rope.
When you read all this BS and you look back at everything you would think this was a case for Perry Mason and that $billions of dollars are at stake, unreal, just unreal!!!!
Yes....since I posted about document #91 there has been a few since and today another which is document # 94 Involving HDC which is titled STATEMENT OF DISPUTED FACTS IN REPLY TO PLAINTIFF'S RESPONSE IN OPPOSITION TO DEFENDANTS' MOTION FOR SUMMARY JUDGMENT
In short both parties are still slinging mud at each other...29 pages of the typical BS
Like I said XCUR isn't Exicure anymore and with us not actually doing any real development plus of course these guys haven't a clue, at the value of those patents. The players/institutional investments will be playing in Bluejay however you might hope that Bluejay might reverse merger but believe that won't happen.
One reason we won't see what we want in share price is because Exicure isn't Exicure any more. Sure our past management screwed us but these new kids on the block, from Korea had no clue about doing anything within the develop anything meaning their interest (seemed) to be more on having a public trading entity. Proof of the pudding is that they had no idea about the contract development between Exicure and NWU.
We lost massively in all out institutional investments and now are struggling to stay in the NASDAQ household in-which in several more months we most likely will kiss the OTC.
We are just a company trying to give out our valuable patents but just read the latest press release they haven't a clue of the value nor the work that went into all this in past years. So all we will get is crumbs. Now even the company we just made the tiny deal with will be at least 2 - 3 years in developing the studies, mixes and potential pre clinical.
In other words for us who stay for then RS may not but hop and poke with time. As for the traders timing might be bad.
Now the S Korean big dog - money man is successful but I'm not sure about the guy's presently holding offices. Is it possible the company will be more of a business hub between the US and SK?
The system can design drug plan(s) digitally and pursue 3 different tasks at the same time, also turning on and off cells and delivering by way of scavenger receptors, delivering less drug, raising efficiency and causing less damage to the liver/patients.
No doubt we needed something but weak statements that lack real information...it appears this effort might be to hold/move share price that may very well work against the company. Being invested in Exicure for around 4 years it appears the other company was in great need of a new way/delivery system plus the 3D digital system which was why I invested in XCUR years ago.
I just now login......
Buylow... management will do what it can to survive as much money as it can and disappear. Will anything ever go right for HDC? Yes they might make a few cent once they rip the time clock off the wall but as for us shareholders not now not ever. HDC has absolutely nothing to offer anyone future period. If HDC wants the company for a new entity they will file bankruptcy to extinguish all shareholders then reopen up for business. Perhaps Colleen MAY want a public company for her media business but most of us just want to be free from this mess.
Maybe Mr. Fromholzer would like to step up to the microphone again.... it was easy to catch his BS and throw it in the trash.
Without money, with real management and without real products what do you have? After 20 years you have NOTHING.
Charles, you are my friend...my writings/messages will never be as clear, in short management sucks the big one!
Except for management to man up - woman up we are done... stop moving the goal post that doesn't exist!
Chazzy, 2 out of 3 days with T Robbins so I missed your PM earlier and couldn't reply since today's session started at 2 pm and went almost 4 1/2 hours. My eyes are burning big time.
There isn't any reason for BQ to post anymore as he has basically stated we are toast. Even if HDC had the largest fleet of Army Tanks in the world they don't have any fuel nor any ammo plus our commander has no clue on how to win any war or save her army but does know how to save herself.
I sincerely believe the video (yes I rented it) is at least a 4 star rating. As to the information I give that a 5. I noticed I was able to thumbs up the move but to review it and give it a rating it seems that isn't available. I will also state that Dr. Michael Dent doesn't know the words I can't do as he will no matter what it takes he will do so.
I personally don't feel good about our time frame as to where we sit and that might be because of the past hype/run and of course O'Leary leaving. I went to Amazon to rent the movie and click other options and was able to access the movie for $1.99 which if I recall was 24 hours period and reviewed it 3 times.
If you are already invested here perhaps $2 buck might be worth the view.
Just constant excuses from both sides delay after delay and nothing more. HDC knows full well the dagger is sticking all the way through our hearts yet at every corner if it ain't one thing or another we have to feel VennWest or HDC twist the damn dagger. They should be a real company and not hide and at least let us fall the the floor in peace but nope, they are keeping this personal game going between the two corporations.
HDC will allow us to delist then burn the rest of the HDC house down as I predict.
So with that it is possible a typical response by a clerk will extend as both parties are OK with this.
All this crap is the typical HDC self greed as far as I'm concern.
1/23/24 doc #91 Georgia Court
Defendants Consent motion for extension of time to reply to plaintiff's opposition to defendant's motion for summary judgement
Defendants ................, with consent of Plaintiff VennWest request 7 day extension of time to file reply in support of defendants Motion for summary judgement (doc.86). Plaintiff's response was originally served of Jan 9, 2024 so reply is currently due on Jan 23, 2024.
Defendants request extension as counsel Lee D. Wedekind who is primary responsibility for preparing the reply has COVID 19. Mr Wedekind anticipates being able to finalize defendants Opposition to Defendants Motion for Summary Judgement and extend the deadline for its reply up to and including Jan 30, 2024.
HealthLynked and CEO Dr. Michael Dent Featured in Health Documentary "Forever: The End of Aging," Now Available for Streaming
NAPLES, FL -- January 24, 2024 -- InvestorsHub NewsWire -- HealthLynked Corp. (OTCQB: HLYK), a global healthcare network focused on improving healthcare outcomes through technology, proudly announces the release of the health documentary "Forever: The End of Aging" on Prime Video. Directed by Paul Castro, acclaimed writer of the blockbuster movie "August Rush," this groundbreaking film features HealthLynked and its CEO, Dr. Michael Dent, offering a compelling look at the future of healthcare and the revolutionary role of AI and technology in medical advancements.
Joining Dr. Dent is an esteemed lineup of over 15 medical experts, including Dr. David Perlmutter, a five-time New York Times bestselling author recognized for his insights into neurological health and nutrition. The documentary explores cutting-edge healthcare solutions such as gene therapy, medical information exchange, and the transformative potential of AI in healthcare.
"Forever: The End of Aging," aligned with HealthLynked's mission of driving improved outcomes for all healthcare stakeholders, bridges the gap in healthcare through efficient medical information exchange. Dr. Michael Dent's participation in the film underscores HealthLynked's commitment to leveraging advanced technologies, including AI, to enhance patient care and outcomes, positioning the company at the forefront of the healthcare revolution.
Watch the Film: Prime Video US - Forever: The End of Aging
https://www.amazon.com/forever-aging-David-Perlmutter-M-D/dp/B0CQ3283V3/ref=sr_1_4?crid=14VPIVGYL5N04&keywords=forever+the+end+of+aging&qid=1706035167&sprefix=forever+the+end+of+aging%2Caps%2C122&sr=8-4
Prime Video UK - Forever: The End of Aging
https://www.amazon.co.uk/forever-aging-David-Perlmutter-M-D/dp/B0CQ2ZR1T2/ref=sr_1_6?crid=EQYQG65HBO3Q&keywords=forever+the+end+of+aging&qid=1706035917&sprefix=%2Caps%2C136&sr=8-6
About HealthLynked
HealthLynked Corp. is dedicated to enhancing healthcare by facilitating the efficient exchange of medical information between patients and providers. Our cloud based HealthLynked Network empowers members to actively manage their healthcare, providing a centralized and secure location for their medical data, including medications, allergies, past surgeries, and personal health records.
Healthcare providers in our network benefit from improved patient care and key insights into their practice operations. Additionally, our preferred providers can leverage HealthLynked's marketing tools to engage both patients, ensuring better patient compliance and optimized scheduling. To avail these services, providers need to claim their profiles and complete the necessary steps to become an in-network provider.
For more about HealthLynked Corp., please visit www.healthlynked.com. Stay connected with HealthLynked on Facebook, Twitter, Instagram, and LinkedIn.
Forward-Looking Statements & Risk Factors
This press release contains forward-looking statements that are not based on historical facts. These statements, as defined by the Private Securities Litigation Reform Act of 1995, may differ from actual results, performance, or achievements. Forward-looking statements involve inherent risks and uncertainties. We advise against placing undue reliance on these statements, which are current only as of the date of this press release.
We are not obligated to publicly update any forward-looking statements unless required by law. Any updates should not be interpreted as an indication of additional updates on the same or other topics. For a detailed understanding of the risks and uncertainties related to our operations, please refer to the "Risk Factors" in our latest Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission, available at www.sec.gov.
HLYK Contact:
Mike Paisan
Director of Investor Relations
IR@healthlynked.com
+1 (800)-928-7144, ext. 123
https://ih.advfn.com/stock-market/USOTC/healthlynked-qb-HLYK/stock-news/93125988/healthlynked-and-ceo-dr-michael-dent-featured-in
Paul Kang will reverse a private company into XCUR but in the meantime he has paid directors the typical $20k so that he can maintain listing and also push the the SEC tolerances to the limit before actually being delisted. I believe we will not be involved in any of the past operations that we were and I believe from all the reading I have done. I keep shaking my head on what business we will do and feel that Mr. Kang is using Exicure as a shell company. I had hope that we would become some type of business hub focused on renewable energy I mean 30k sq ft isn't bad for starters plus half of that is leased office staff is already and believe it to be a S. Korean entity.
There is absolutely no news throughout the entire spectrum involving HDC, zero. I personally thought we would see some type of movement by Georgia court since the last document was submitted on 1/09/24 by Kevin Kowbel, document number 90.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173596790I, 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 Kowbel
I checked two hours ago and see no new court documents.
Subslover....we are at 55 days of 60 for management to send a plan to the SEC to enable XCUR to remain on the Nasdaq.
Reference O' Leary; from 10/22 8-k
Now we are only talking 15 months so what happened? George couldn't deliver, plus I believe George indicated (my thoughts) that he wanted to move onto something else yet Dent made him a full time employee, yes did you catch that in the link. Other thoughts are about the need to save money but when Dent basically (as I see it) put George totally in charge of up-listing I believe George told Dent HLYK doesn't stand the chance so as a result of everything they both decided on George leaving. On the other hand which is my left (which isn't my best by far) maybe Dent struck a deal with some other company but I must say why would you cut off your right hand? We also seen Dent become very open and compassionate, at least I feel that way. Anyone have other thoughts about all this?
https://www.sec.gov/Archives/edgar/data/1680139/000121390022064963/ea167311ex10-1_health.htm
Actually no...what happens with these documents (as you know) is many repeated exhibits repeated over and over so instead of me pulling all that (same exhibits) over and over I post the main discussions for all of us. The document you were looking at was the last one #90. The priors were from 86 onward. I'm just not going to pull stuff that is not needed especially when it is easy to see and know what is transpiring however (not you) but possibly others might wonder or lose the trend as I post. As stated and you have seen the attorneys always recap the past and of course generally 2 pages of signatures I don't want to pay for plus all the duplicating exhibits. At any rate document # 91will be next and I would think HDC will have even more exhibits to counter Vennwest of which are basically the SOS especially sense not a soul seems to be left within HDC however last hope would possibly be James but I just doubt that, might help if Delmonte decides to jump into any response from HDC but I shake my head at just how long HDC has been doing the dog paddle without arms or legs and even if she is on her back you can only float so long before the sharks finally pull you under. .
Dr. Dent moved NEO share price to around $2 bucks and that was about all. It was Douglas M. VanOort who sent NEO into the stratosphere. O' Leary is going to work long enough to close out (10-K) yearly books.
I am not sure yet but tend to believe the reason why we seen Dr. Dent finally talk to us shareholders and actually show sincere compassion by way of his recent shareholder letter may have resulted of George O' Leary resigning, yes he is resigning. I do know George is jumping into or perhaps finally cranking up a "Horse business" and why not do something you may enjoy or possibly with your family members. Of course we can't blame anyone for resigning period but now I'm really getting concerned for HLYK. As I said many times Dr. Dent will end up with doing as he has forever, and that is carrying on with his medical business with wife, and others. He has done this prior NEO and will do so with or without HLYK.
Here is the latest 8-K submitted today 1-11-24 https://www.sec.gov/ix?doc=/Archives/edgar/data/0001680139/000121390024002970/ea191491-8k_healthlynked.htm
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of George O'Leary
On January 5, 2024, George O'Leary tendered his resignation as Chief Financial Officer of HealthLynked Corp., a Nevada corporation (the “Company”) effective April 4, 2024. Mr. O’Leary's resignation is not a result of any disagreement between himself and the Company, its management, the Company’s Board of Directors (the “Board”) or any committee of the Board. Mr. O'Leary will continue to serve the Company as a member of the Board. The Company appreciates Mr. O'Leary’s diligent service as Chief Financial Officer and looks forward to his continued directorship.
Yes, I know of your kind....
Pagan's
Hells Angels
HDC'ers 😎
Outlaws
Bandidos
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.