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The stock price numbers, share amounts within the MM's look as if a press release is coming today!
If the bid side could only stack up with 2 to 3 more players the stock price would move up. News of some sort might help push this over the hump but will it hold?
Thank Edward, I did thank him in advance. I was in a hurry, was aware of the handbook, has been years for me since I had used it and needed a fast answer since I thought it was 24 hours.
100,000 HDC shares traded today
Time Price Volume
15:36:49 0.09 1887
15:36:44 0.09 5000
15:20:34 0.09 6224
15:20:31 0.085 2589
15:19:56 0.085 5000
14:33:48 0.085 20000
14:31:47 0.085 10000
13:47:03 0.079 6000
13:41:05 0.0825 14500
13:41:05 0.0825 5000
11:53:41 0.09 10000
10:29:25 0.09 800
10:29:25 0.0899 10000
09:30:02 0.09 3000
Moderators...please "sticky" 14203 message by MBMoney. This is sincerely an important message, mega message. I have been watching for 24 hours waiting for someone to comment of the value but no takers.
At any rate please delete my message here regardless what you may decide referencing 14203
TIA
As a moderator......is there a time limiting factor between when a message has been posted to when a Moderator must sticky it?
Also in deleting messages in our threads do we have 24 hours or 48 hours to do so other than having IHUB remove them.
One final question since it has been a while for me are all these answers found in IHUB handbook?
TIA
It appears when back checking increments of 5 day periods for 20 days that we are being shorted on a total average of 59%.
Below are the averages of 5 day shorting
Last 5 day_________ 55,582 = 89% short
prior 5 day_________ 38,950 = 39% short
prior 5 day_________ 53,430 = 55% short
prior 5 day_________ 53,215 = 55% short
If I am wrong? just know I am trying to be accurate.
The following was posted today by MBMoney on Yahoo, has a good positive ring.........
By MBMoney
Since so many HDC shareholders have been around for a number of years, experiencing nothing but disappointment, there is obviously a significant amount of frustration with the lack of communication from the company, particularly in light of very positive developments this year with Neo and Intel. Frankly, I’m one of those shareholders who has been around for a very long time, but I’ve continued to temper that frustration by realizing just how logical that silence has been.
The USPTO decision favoring HDC over Intel relative to SVM-RFE patents is probably viewed by many as HDC’s most important accomplishment, but I would argue otherwise. In retrospect, having reviewed HDC’s SEC filing dated September 20 2019, I believe that HDC’s success in getting the USPTO to grant the Patent Term Adjustment of almost five years is, hands down, the most significant accomplishment. As noted in that filing, HDC confirmed that its SVM-RFE patent would have expired in August, 2020. Thus in the absence of the extension, HDC’s victory over Intel would have been inherently rendered almost meaningless, because it would have had only a year to capitalize on its patent.
With this in mind, let’s correlate this to Intel’s actions, or lack thereof, after the USPTO decision. As we know, Intel spent many years and countless resources fighting HDC on the patent ownership which, in and of itself, reveals the degree to which Intel believed the intellectual property was important. Yet, Intel did not end up filing any sort of appeal to the USPTO after the decision. Certainly, one could argue that Intel knows it has the legal and financial resources to drag the dispute on for as long as necessary, but it is plausible to think that Intel may have decided not to pursue the issue any longer because it knew, at the time, that HDC’s patent was set to expire in 2020. Obviously, what Intel didn’t know at the time was that HDC would quietly and deliberately go to work with a singular objective: extend the patent timeline.
Now let’s tie this back to HDC’s silence. On the one hand, HDC could have issued a press release after the USPTO verdict against Intel in February, to at least ‘get the word out’. Yet, as we look back, it is clear that HDC didn’t want to give away its hand, since management’s goal at the time was, as we have since learned, to work on getting the extension to make the patent ownership meaningful. And, with that in mind, the company now has something to work with.
End
____________________________________________
Re-post from August 25,2019 message 13630
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150747986
Damn!! I finally found something that may backup what (HokieHead) had to say referencing Intel might be using our technology in their sensors etc. Now normally I would not backtrack on this but I actually found a PR from 2011 by HDC where they acknowledge several
October 06, 2011 09:29 AM Eastern Daylight Time
https://www.businesswire.com/news/home/20111006005856/en/Health-Discovery-Corporation-Issues-Update-Developments-Relating
SAVANNAH, Ga.--(BUSINESS WIRE)--Health Discovery Corporation (OTCBB: HDVY) is pleased to announce that a request for reexamination of Intel Corporation’s U.S. Patent No. 7,685,077 was filed this week in the United States Patent and Trademark Office. The request challenges Intel’s alleged rights to the RFE-SVM method as claimed in their patent entitled “Recursive Feature Eliminating Method Based on a Support Vector Machine.” The challenge is based upon the failure of the Patent Office to properly consider relevant prior art during the original examination of Intel’s patent application. This prior art includes the original 2002 publication by Guyon, Weston, Barnhill and Vapnik, which first described the RFE-SVM method, prior published patent applications of HDC, and published articles by others who reference the 2002 Guyon et al. paper, all of which predate the filing date of the Intel application.
In accordance with Patent Office rules, the filing of the request for reexamination was accompanied by written notice to Intel that the validity of its patent is being challenged. This represents the first direct notice to Intel of the Company’s prior rights in the RFE-SVM technology. The Company expects this notice to be followed shortly by notification of Intel by the U.S. Patent Office that interference proceedings have been initiated involving the same patent.
The value of the Company’s RFE-SVM technology is underscored by the "identification" of recently-published patent applications by several commercial entities and research institutions describing the use of RFE-SVM for various purposes. The published applications include one filed by Intel describing a smart phone sensor that uses SVM and RFE-SVM to analyze sensor input.
__________________________Read onward...
From HDC website ....
Because SVM-RFE technology was "identified" by Health Discovery Corporation, we hold the only issued patents in the world for this technology. This was recently confirmed by the U.S. Patent and Trade Office which ruled in favor of Health Discovery Corporation regarding the SVM-RFE patents as a result of an interference proceeding between Health Discovery Corporation and Intel Corporation.
____________________________________
9/20/2019 HDC 8-k patent discussion........
ITEM 7.01 Regulation FD Disclosure
Earlier this month, the United States Patent and Trademark Office (“USPTO”) issued U.S. Patent No. 10,402,685 (“SVM-RFE Patent”) for Health Discovery Corporation’s patent application covering Support Vector Machine-Recursive Feature Elimination methods (“SVM-RFE”). Health Discovery Corporation now owns four patents in the United States and five international patents related to SVM-RFE and is the sole owner of all patents related to SVM-RFE. Furthermore, the USPTO, granted a Patent Term Adjustment (“PTA”) to the SVM-RFE Patent. The PTA is 1,785 days (almost 5 years), which is added to the normal 20-year-from-filing patent term. The USPTO granted this adjustment to offset delays that occurred within the USPTO during the examination process and interference proceedings. This means the SVM-RFE Patent term has been extended from August 7, 2020 to June 7, 2025.
As previously disclosed in September 2016, the USPTO had declared an Interference between Health Discovery Corporation’s SVM-RFE Patent application and Intel Corporation’s Patent No. 7,685,077, entitled “Recursive Feature Eliminating Method based on a Support Vector Machine”. The Interference was an administrative proceeding within the USPTO used to determine which party was the first to invent an invention that was claimed in two (or more) independently owned patent applications. Subsequently, on February 27, 2019, the USPTO ruled in favor of Health Discovery Corporation on the SVM-RFE Patent application. The Patent Trial and Appeal Board (“PTAB”) of the USPTO issued its decision, finding that Health Discovery Corporation is entitled to claim exclusive ownership rights to the SVM-RFE technology as set forth in the SVM-RFE Patent application that was filed to provoke the Interference. The decision ordered Intel Corporation’s Patent No. 7,685,077 to be cancelled. The decision also dismissed Intel Corporation’s motions challenging the validity of Health Discovery Corporation’s pending claims and issued patents covering SVM-RFE.
As a result of the issuance of the SVM-RFE Patent, Health Discovery Corporation now has the right to exclude others from developing, commercializing or licensing this patented technology without the uncertainty of the Interference or concerns over the ownership of the all SVM-RFE patents. Additionally, Health Discovery Corporation is taking the necessary steps to protect its sole ownership of SVM-RFE patents against infringement.
68,785 HDC trades today.
Time Price Volume
15:44:14 0.09 3000
15:42:55 0.0888 20000
15:42:52 0.088 13845
15:24:23 0.088 2155
11:11:21 0.088 7000
10:32:40 0.088 4000
10:18:14 0.088 4000
10:16:06 0.0825 4000
09:57:49 0.088 7700
09:31:12 0.088 1000
09:30:01 0.09 2000
09:30:01 0.0781 85
I hope I am wrong but we may be a laughing joke but I'm not laughing! It looks as if Jason Weston is cranking out the patents for Facebook too not just Google while our CEO appears to be resting?
Check out the first 6 patents listed here.....
http://www.freepatentsonline.com/result.html?sort=relevance&srch=top&query_txt=Weston%2C+Jason+%28New+York%2C+NY%2C+US%29+&submit=&patents_us=on
HDC may as well kiss any type of deep learning goodbye...we didn't learn anything from SVM so why worry about SVM-RFE seems to be the same channel with no one home.
It is hard to believe we have a CEO, I sure hope he isn't bedridden?
4,704 HDC trades today
Time Price Volume
09:31:17 0.088 2000
09:30:02 0.09 2000
09:30:00 0.09 704
Let us look and say that the following OS is true and up to date.
Outstanding Shares 299,715,989 10/29/2019 common shares
In the SEC filings 11/22/16
271,718,899 common share issued
30,000,000 series C preferred issued
301,718,899
Yes...shareholders meeting 5-17-2016 shares increased to 450 Million A/S and C series increased from 30 Million to 45 million A/S.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148969320
The C series at that time was 30 million OS and is why those share were increased to 45 Million AS.
The 450 million was done to handle any transactions so we would not push over the top of the 450 million AS
We gave management the right to deal with the shares without shareholder approval but they must stay under the 450 million AS. Anything above that requires the meeting of all us shares holders to vote on not just management/institutional and large holders of shares.
BB...I know you are trying your best and just maybe the OTC is showing the factual number but is so doubtful. 99% of the information referencing HDC on that OTC website is invalid so to believe that is the correct share structure is iffy to say the truth.
Are there any C shares?
How many shareholders are there in HDC?
Everything involved in the share structure should be clear to all shareholders and it plainly is not.
* also remember and never forget the CEO was trying to issue "D" series shares...you see we can't trust the share structure and maybe our investment.
The CEO could clear this up if he wanted!
King...where do you think our SVP of HDC might be? You do realize he is a professor in Massachusetts. I'm afraid our CEO has everything on his shoulders and who knows how his health is. Our website? Check out the contact information and the investor relations area of our website. It was updated right but something doesn't seem right. Why would we not have enough money left to complete a simple website?
131,010 HDC shares traded today
Time Price Volume
15:17:43 0.088 2000
15:17:13 0.08635 6000
14:53:04 0.088 2000
14:31:34 0.088 10000
13:08:58 0.08635 10
12:00:59 0.088 1000
11:58:58 0.0825 4200
11:58:57 0.0825 5800
11:12:32 0.088 52000
10:41:21 0.088 10000
10:16:25 0.088 20000
10:07:49 0.088 4000
09:46:14 0.088 4000
09:30:02 0.10 10000
King...from time to time many of us gain some strength from each other. It does seem like endless grief day after day and might help if management would finally come out of the closet. Simple things such as the share structure should be transparent. The company is clearly acting like they don't want investors, unreal.
48,701 HDC shares traded today...the .10 looks pretty good!
Time Price Vol
13:00:23 0.10 1000
12:52:21 0.0975 2000
12:36:49 0.095 2000
12:33:43 0.10 2000
12:24:47 0.095 2000
11:26:50 0.09 4701
10:55:12 0.10 2000
10:38:29 0.0975 2000
10:36:25 0.096 1000
09:52:19 0.10 2103
09:52:12 0.10 2397
09:51:01 0.099 3610
09:50:51 0.099 13390
09:49:36 0.099 4500
09:32:04 0.096 2000
09:30:02 0.099 2000
56,609 HDC shares traded today
Time Price Vol
15:46:15 0.09 500
15:46:03 0.09 1700
15:22:36 0.094 2000
15:21:27 0.0825 1000
15:18:40 0.095 3000
15:17:36 0.0875 909
13:29:42 0.095 2000
13:23:49 0.08125 1201
10:56:04 0.095 3000
10:54:52 0.08125 9099
10:54:51 0.084 20000
10:54:51 0.084 700
09:58:43 0.099 1500
09:57:00 0.0965 3000
09:55:44 0.0989 6000
09:30:07 0.0995 1000
Again from the most recent HDC 8-k 9/20/19
As a result of the issuance of the SVM-RFE Patent, Health Discovery Corporation now has the right to exclude others from developing, commercializing or licensing this patented technology without the uncertainty of the Interference or concerns over the ownership of the all SVM-RFE patents. Additionally, Health Discovery Corporation is taking the necessary steps to protect its sole ownership of SVM-RFE patents against infringement.
_____________________________
CEO George - The above statement coming from a CEO of a corporation does not add up. Now look? are you stating that every corporation that is using what they "list" as "SVM-RFE" being in some kind of "possible" infringement?
If that was even close to being a fact do you think we would be sitting in the dumpster with our stock price?
Why would you not do a business wire press releases? I mean as huge of a deal that our patents are being sole owners, we ate that for years involving SVM.
If the father of "Support Vector Machines" was involved in our patents portfolio patents which he was why didn't anyone corporation jump into our corner years ago.
So much value in massive time updating and making new patents which have never gone anywhere makes us all sick and to see how proud you are to not make a statement to your shareholders is the SOS no matter what year.
Look at the website, are you for real?
Patents as Barnhill once stated when discussing them, he said they protect us? "NOPE" maybe when under contract like with NEO but we had to fight for years. So now we own SVM-RFE just like Barney claimed we owned SVM. It appears we just own a bigger ghost.
BTW...Please have the family great grands work on the website again!
BB...just maybe they had a meeting Friday? Let's see in the next few hours.
Good Sport, I'm sure you have bought 10-30 million shares of stock at a time, you must know the stress involved in that too. You know it isn't all glory.
...I will be back shortly let me find a few contacts.
OU71764...It felt good when you bought those extra shares right? Of course it did and maybe it will pay off for you. Maybe the stock price may rise enough for me to be able to sell and finally leave HDC prison. I do like your post so have yourself a good night or what is left of it.
From 8-k
As a result of the issuance of the SVM-RFE Patent, Health Discovery Corporation now has the right to exclude others from developing, commercializing or licensing this patented technology without the uncertainty of the Interference or concerns over the ownership of the all SVM-RFE patents. Additionally, Health Discovery Corporation is taking the necessary steps to protect its sole ownership of SVM-RFE patents against infringement.
Yes steps....that is called patents, GEORGE how do you back up those patents?
I can show you in past 8-K filings where Barnhill has said that our new patents protect us!!!
Patents don't do much for HDC now do they? So what do you do next? Speak up George I can't hear you step closer to the microphone....say what? Cese? oh Cease what is that?
BS, protection = "Cease and Desist" other than that it will most likely be the SOS different day, week, moth, year decades.
BB...we need George to walk up to the microphone pretty soon as the holidays are almost upon us.
King_Oil... the odd lot shares I remember but the single share trades I had to look up so here you are....
"Pinging"
Refers to the tactic of entering small marketable orders – usually for 100 shares – in order to learn about large hidden orders in dark pools or exchanges. While you can think of pinging as being analogous to a ship or submarine sending out sonar signals to detect upcoming obstructions or enemy vessels, in the HFT context, pinging is used to find hidden "prey."
Here's how - buy-side firms use algorithmic trading systems to break up large orders into much smaller ones and feed them steadily into the market so as to reduce the market impact of large orders. In order to detect the presence of such large orders, HFT firms place bids and offer in 100-share lots for every listed stock.
Once a firm gets a “ping” (i.e. the HFT’s small order is executed) or series of pings that alerts the HFT to the presence of a large buy-side order, it may engage in a predatory trading activity that ensures it a nearly risk-free profit at the expense of the buy-sider, who will end up receiving an unfavorable price for its large order. Pinging has been likened to “baiting” by some influential market players since its sole purpose is to lure institutions with large orders to reveal their hand.
______________________________________
1-share trades are the most common odd lot trade size, accounting for 9.62% of all odd lot transactions and 3.65% of all trades on NASDAQ in 2012. While 50.41% of 1-share trades result from broken orders, 34.89% of 1-share trades are intentional. We provide substantial evidence that traders use 1-share trades to “ping” for hidden liquidity. In particular, our results indicate that 1-share trades are disproportionately aggressive and also execute against hidden liquidity more than any other odd lot trade size. We also find a relative increase in trading immediately following a 1-share trade. Our results are in line with Clark-Joseph (2014), who suggests that traders may use small, unprofitable trades to detect information from other traders. Specifically, 1-share trades represent the minimum cash outlay necessary to trade, while simultaneously producing the smallest possible effects on a market maker's inventory, and in turn, a security's price.
______________________________________
Who knows maybe they shut down the trading after the 4 ping shares or the computer decided to do so today? I have no real clue if the last sentence could even be possible or why?
Maybe ask the CEO about this........
In September 2008, we received royalty proceeds related to our licensing agreement with Bruker Daltonics, which was originally announced in August, 2006. The royalties relate to Bruker Daltonics’ sales of its ClinProToolsTM clinical proteomics product line for its mass spectrometers, which contains HDC’s SVM technology. Bruker launched its ClinProToolsTM at approximately the same time as the license with our Company. While this royalty was relatively small, it represents additional royalty payments from this relationship and offers the opportunity of future royalties for the life of the patents related to future sales of the Bruker product.
Or perhaps the following................
In August 2008, we announced the signing of an agreement with Patent Profit International (“PPI”), a Silicon Valley-based patent brokerage firm, with the goal of marketing our patent portfolio and exclusive rights to SVM techniques and applications beyond biomarker discovery and the healthcare field, to prospective buyers/licensees in a wide range of technologies, including, but not limited to, information technology such as Internet browsers and search engines, digital photography, spam mail detection, oil exploration, homeland security, and the automotive industry. As a requirement of any potential sale of the patent portfolio, HDC expects to retain a royalty-free, worldwide, exclusive license, with the right to grant sublicenses, in the entire field of healthcare to enable our continued research, development, licensing and commercialization activities in diagnostic and prognostic areas such as prostate cancer, ovarian cancer, breast cancer, endometrial cancer, colon cancer, leukemia and other healthcare arenas. PPI’s marketing of our patent portfolio is ongoing.
i GATHER mCgOVERN IS TRYING TO DO THIS HIMSELF WHERE bARNHILL FELT IT NESSARY TO HIRE A CORPORATION TO DO IT.
36,004 HDC trades today
Time Price Volume
15:58:33 0.094 3000
15:57:35 0.084 30000
09:50:37 0.0825 1
09:38:12 0.09645 1
09:37:47 0.09645 1
09:37:16 0.09645 1
Darn no Friday update from our CEO!
George, is this part of your and friend James investment since you have been
invested since 2008.... the dates are correct right?
From SEC filing "Cash Flow from Financing Activities"
The Series B Preferred Stock accrues dividends at the rate of 10%
of the Series B Original Issue Price per year, which shall be satisfied
by the fifth anniversary of the issuance of such shares of the Series B
Preferred Stock (the “Original Issue Date”) by the Company’s issuance
of the number of shares of Common Stock equal to such accrued
dividends divided by the average closing price of the Company’s
Common Stock as reported on the Over-the-Counter-Bulletin Board
or other exchange on which the Company’s Common Stock trades during
the prior ten business days or by the payment of cash, as the Company may
determine in its sole discretion. Dividends have been accrued for the Series
B Preferred Stock in the amount of $455,546 as of December 31, 2012 and
$316,064 as of December 31, 2011.
During 2011, two Series B holders requested, and the Company complied with
the Series B holders’ request to convert 1,437,500 Series B Preferred Stock to
Common Stock. The Company also paid the Series B holders who chose to convert,
their portion of the accrued special dividend and accrued dividend. The total paid
to these Series B holders was $19,729.
During the fourth quarter of 2012, the Company made payments to the Series B
holders for the special dividend. Dividends in the amount of $21,018 had been
accrued for Series B Preferred Stock special dividend as of December 31, 2011
and the $349,882 was accrued as a result of the NeoGenomics transaction in 2012.
These accruals resulted in the Company making the required payment to the Series
B Preferred shareholders of approximately $370,900.
____________________
We just want anyone from the company to walk up to the microphone
and say a few words.
____________________
About those "D" series?
So it is Friday if the CEO would just come to the microphone we could clinch it. I will recheck everything around 3 pm today.
Trades
09:50:37 0.0825 1
09:38:12 0.09645 1
09:37:47 0.09645 1
09:37:16 0.09645 1
09:30:02 0.097 3000
BB...do we kiss .10/.14 today or Monday?eom
WE MUST HANG IN HERE, MORE TIME.eom
King_Oil & Good_Sport...I didn't post that to stir up any more crap that has already been shoved down our throats from the company but rather to show all the shares that McGovern has or had? He firstly invested in HDC however, don't know if the first shares where the 1.5 million B series or not? I just know from filings/shareholders meeting on 5-17-16 that he sported 14,500,000 common shares (or whatever I posted in my last message. It does appear that his buddy James (as I have always called with is his sidekick and believe James is a bit older, maybe George felt his older buddy could make some cash on HDC short term or long term?
I have no clue at this point and the only reason I stay is to try and salvage in remaining funds in my ROTH, other than that HDC has always sucked it is NOT a real company. Yes George probably is doing the best he can but lacks so much. How do I know that? just compare what we hear and what we don't.
So if I had the investment he had/has like 14 plus million shares do you expect me to just walk away from this company or try to (baby it) as I have said he has, if not we would have already be in bankruptcy.
It really doesn't matter but what does the most in my book is the fact that he has not related to use in any public venue such as a shareholders letter of update, something? It is like he has no clue, may have no clue about a disclaimer if he does state something? What the hell! doesn't he realize that shareholder are going to think he is just hiding behind pink sheet rules, what F'in rules?
All this could be basically straighten out by a simple update. Another thing that sucks he seems to lack the ability to capitalize on when to issue news.
Just maybe in the end he was just trying to salvage his shares and figure that he can't pump this when he wishes to sell out and leave. On the other hand that could be very false meaning he is doing his best so without an update/news he is clearly protected or at least feels he is.
OT for BB referencing CEO holdings as of 2016 but understand those B series no longer exist?
This is about all that I was talking about so who really cares at this point?
Note D - STOCK-BASED COMPENSATION and other EQUITY BASED PAYMENTS, continued
In connection with their election to the Board of Directors, on May 17, 2016, the Company granted to Mr. Henry Kaplan, Mr. Kevin Kowbel, Mr. George McGovern, and Mr. William Quirk each an option to purchase 1,500,000 shares of the Company’s common stock. The options for Messrs. Kaplan, Kowbel, McGovern and Quirk vest 250,000 shares every six months, have an exercise price of $0.035, and expire on May 17, 2026. The fair value of each option granted is $0.0265 and was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: dividend yield at 0%, risk-free interest rate of 1.89%, an expected life of 5 years, and volatility of 102%. The aggregate computed fair value of these options is $158,756, and this amount will be charged as an expense over the three-year vesting period.
Additionally, in recognition of his leadership as Chairman of the Board of Directors and CEO, on May 17, 2016, the Company granted to Mr. Kevin Kowbel an option to purchase 3,000,000 shares of the Company’s common stock. The options for Mr. Kowbel vest immediately, have an exercise price of $0.035, and expire on May 17, 2026. The fair value of each option granted is $0.0265 and was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: dividend yield at 0%, risk-free interest rate of 1.89%, an expected life of 5 years, and volatility of 102%. The aggregate computed fair value of these options is $79,519, and this amount was charged as an expense during the second quarter of 2016.
On February 8, 2016, the Company granted options to purchase 5,000,000 shares of the Company’s common stock to a group of employees and consultants in recognition of their efforts to lower the Company’s monthly expenditures and compensation and their continuing contributions to the Company. The options vest over a two-year period, have an exercise price of $.03, and expire on February 8, 2026. Within the group of 5,000,000 options, the Company’s Vice President, Mark A. Moore, Ph.D., received an option to purchase 500,000 shares of the Company’s common stock and the Company’s Senior Vice President, Hong Zhang, Ph.D., received an option to purchase 1,250,000 shares of the Company’s common stock. The fair value of each option granted is $0.0219 and was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: dividend yield at 0%, risk-free interest rate of 1.99%, an expected life of 5 years, and volatility of 96%. The aggregate computed fair value of these options is $109,271, and this amount will be charged as an expense over the two-year vesting period. Because at the time of issuance, these options exceeded the amount of common shares available if the holders exercised the previously issued outstanding options and warrants, the Company needed to increase the authorized shares of common stock in order to satisfy these options. The shareholders of the Company approved this increase in authorized shares on May 17, 2016.
In the fourth quarter of 2013, the Board of Directors authorized the issuance of Series C Preferred Shares in private placement transactions. As of December 31, 2015, the Company had issued a total of 30,000,000 preferred shares. The Series C Preferred Shares were fully subscribed in the third quarter 2015. The Series C Preferred Shares are accompanied by $0.03 warrants and $0.03 contingency warrants. The contingency warrants were issued during the three months ended March 31, 2016 as a result of the Company not attaining profitability by the end of the first quarter 2016. Because at the time of issuance, these warrants exceeded the amount of common shares available if the holders exercised the previously issued outstanding options and warrants, the Company needed to increase the authorized shares of common stock in order to satisfy these options. The shareholders of the Company approved this increase in authorized shares on May 17, 2016. The fair value of each warrant granted was $0.0219 and was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: dividend yield at 0%, risk-free interest rate of 1.67%, an expected life of 5 years, and volatility of 96%.
During the third quarter of 2015, the Board of Directors authorized the issuance of Common Stock in a private placement of 7,000,000 Common Shares with certain warrant features. As of March 31, 2016, 7,000,000 shares of this offering were sold. During the three and six month periods ended March 31, 2016, the Company sold 3,000,000 of these shares and received $90,000 in proceeds. The Common Shares are accompanied by $0.03 warrants and $0.06 contingency warrants. The contingency warrants were issued during the three months ended March 31, 2016 as a result of the Company not attaining profitability by the end of the first quarter 2016. Because at the time of issuance, these warrants exceeded the amount of common shares available if the holders exercised the previously issued outstanding options and warrants, the Company needed to increase the authorized shares of common stock in order to satisfy these options. The shareholders of the Company approved this increase in authorized shares on May 17, 2016. The fair value of each warrant granted was $0.0219 and was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: dividend yield at 0%, risk-free interest rate of 1.67%, an expected life of 5 years, and volatility of 96%.
_________________________
This here was from my prior post messaging his shares. It is interesting how he obtained so many shares prior May 2016 meeting.
George McGovern had 14,500,000 common shares listed at 5-17-16 meeting. No doubt he has or had $1,450,000.00 reasons to either sell or save at present share price. At .50 cents per share would be a super buffer or savings. Nothing like taking the wife out to a decent place to eat. ; )
McGovern and also James had like 1.5 million B series shares like in 2013. They are gone of course...could have been converted I would have to check closer. There was another private placement and since George was holding 14.5 million commons at that time I sense -could be wrong but believe he is also hold c series shares. Again I would need to check closer but have mixed emotions but yes why in hell would George stay in this crap unless he felt he could do something. He will know the time if it comes to turn the reins over to someone else but this waiting suck so bad!
25,113 HDC shares traded today
Time Price Volume
13:43:43 0.0825 5413
13:43:42 0.0825 9100
12:04:34 0.098 7000
10:09:18 0.098 2500
09:30:03 0.099 1100
George McGovern had 14,500,000 common shares listed at 5-17-16 meeting. No doubt he has or had $1,450,000.00 reasons to either sell or save at present share price. At .50 cents per share would be a super buffer or savings. Nothing like taking the wife out to a decent place to eat. ; )
McGovern and also James had like 1.5 million B series shares like in 2013. They are gone of course...could have been converted I would have to check closer. There was another private placement and since George was holding 14.5 million commons at that time I sense -could be wrong but believe he is also hold c series shares. Again I would need to check closer but have mixed emotions but yes why in hell would George stay in this crap unless he felt he could do something. He will know the time if it comes to turn the reins over to someone else but this waiting suck so bad!
BB... (.14) that would be great, I missed that when I read it this morning, damn my eyes are getting worse along with everything else!
Good Sport, I would have loved to phone the CEO and talk with him in the old days but have indicated I will no longer do so involving any company. My suggestion is simple talk with other shareholders in this message thread and see if they can help or perhaps go back to the Yahoo message board and see if MBMoney would phone or perhaps phone again if he has prior. I don't know if he has but believe his abilities.
....oh forget about any vote, you could NOT get enough shareholders/VOTING SHARES to force a meeting and besides who is the new CEO?
There is always the SEC but that is really opening a can you may not wish to do. I only did but so much and would not follow through as the SEC agent wanted me to? I felt our chances are better to wait!!!
Big Beef...it looks like .10 may come by tomorrow?...talk later...