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King...I figure Attorney firm - Dunlap Bennett & Ludwig is done with HDC and will want to be paid and unless they won big they will leave.
As for the case in Georgia referencing Vennwest I would think Nelson Mullins Riley & Scarborough can only do so much too, they too would expect some type of ongoing funds I mean mediation is over so now gears are shifting so HDC will need to dig to pay fees.
I just don't see our company going after another large player unless they scored big involving Intel. They would also need some the background research work that was done by a company we hired back when Barnhill was still CEO, remember?
So, if we didn't win big with Intel no sense in pursuing anyone else just not worth it and doubt any huge firm would repeat the same mistake that meaning the payout may not be worth the time. I guess we can hope to hear Dunlap Bennett & Ludwig is now after MSFT - Microsoft or Google but this would be a hard way and the chances of success are too damn steep.
Pray that HDC doesn't file bankruptcy or go private.
Still pay off? or does that also indicate other corporations using SVM-RFE will now bow down to HDC and pay up?
Zenos....that is an excellent post to state the least.👍️
HDC, I'm sorry but all this is BS....why, simply said Mr. Fromholzer also talked about an interim CEO...that was over 120 days ago.
No one in this world is going to tell me that HDC can't at least cough up some type of information that Colleen or ED are willing to stand behind. Ask yourself did George trust BQ?
The heavens may open but stay grounded and until HDC can come forth with some type of statement which we well deserve after all the abuses we have seen over the years, is NOT asking for much, period!
Respect the few of us real shareholders that are still here!!!!
Buylow...I read the post and it sound positive, Thank you....👍️
Nice post weeks ago, but be careful of what is said!
I was just reviewing the mediation dates coupled with the court sessions and on 3/22/23 George, Ed and William attended the ZOOM session but on 4/25/23 not one of our directors attended the Zoom session but the Judge told our counsel that Mr. McGovern and any other defendant with authority to be present on these Zoom sessions. The next session on 5/25/23 it appears just our attorney was present and no one from HDC (again) was not present on Zoom meeting. On 8/23/23 again a no show from HDC management but the next session on 9/26/23 Colleen was present at meeting.
This shows not resistance to a Judges request but rather that our CEO, Mr. George H. McGovern III was struggling to stay alive and believe his staff and family were with him and helping in any way that they could and that the company was not important as a loved ones life which is the way I believe too.
That may have applied years ago but don't see that as being practical now? We just don't have that many posters pushing this, I know most and on top of that you already know this from watching this all these years, and actually I'm surprised you even post here. Myself yes, I lost AGAIN but need to see the curtain fall to the floor not just hanging by a thread.
Alan...we were lucky that "Big Beef" message 150426 in the Intel message thread caught your attention on 3/31/19 and if investors/traders here researched your first post in that thread #2885 they would know several things about you and of course your integrity to state the least.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=603336
Chazzy...on Friday's here on IHUB between 4 pm - 5 pm free accounts can PM.
.
You must mean Yahoo? no I don't, many many years ago I did back in the late 90's My time is spent here and over in "Investorshangout" < security control >
Headache?...well that makes you human 🤠 < this is my personal brand "worldwide" so don't tell anyone, it is my secret.
Charles, I would be very interested when and if time permits you to post but understand if time doesn't suffice no big deal....everything will come out in the wash. As for any links I must say PACER is basically free unless you pull over 300 pages per quarter. Pulling documents straight from some of these County Courts in Georgia cost .50 per page but using PACER is the answer. MBMoney taught me how to move around in these website layers, I miss him. I value people much more than what may appear and personal security is at the top of my list.
We will need to be watching HDC for any near future filings at the SEC.
It is possible that Intel seen us as a non-material event meaning more
finances or possible dealings could arise out of that settlement.
Save the following weblink and check every night around 6:30 PM EST.
https://www.sec.gov/edgar/browse/?CIK=1141788&owner=exclude HDVY
https://www.sec.gov/edgar/browse/?CIK=50863&owner=exclude INTC
https://www.sec.gov/edgar/searchedgar/companysearch
Also, here is the Yahoo message board HDVY
https://finance.yahoo.com/quote/HDVY/community?p=HDVY
Charles, unless there is something else Intel has provided HDC we are pretty much toast as HDC will need all the money they can get to prolong the fight coupled with filing bankruptcy. The "D" shares and loan(s) regardless of what Vennwest says was documented and incorporated in HDC bylaws so I doubt Laurie can do much except dwindle down HDC's remaining resources a quicker push into bankruptcy. As long as HDC follows Attorney instructions by law it is a simply course when funds drop to a certain level the clock will strike bankruptcy time but until then it is dinners at the country club and several rounds a week at golf....oops I forgot, the card games.
If Intel did give us a nice chunk beyond that $2.25 million then....betcha, it will be CEO time within HDC.
Zenos...you wanna another one off the cuff? HDC sure has a way to squeeze the crap out of a penny maybe they should be in charge of the budgeting or squeezing the US Debt Clock. https://www.usdebtclock.org/
Georgia Court 1:20-cv-03386-VMC 10/26/23 Document # 72
ATTORNEY(S) PRESENT:
Robert Kaufman representing Vennwest Global Technologies, Inc.
Lee Wedekind representing Health Discovery Corporation
Lee Wedekind representing Colleen M. Hutchinson
Lee Wedekind representing Edward Morrison
Lee Wedekind representing George H. McGovern
Lee Wedekind representing James Dengler
Lee Wedekind representing James Murphy
Lee Wedekind representing Marty Delmonte
Lee Wedekind representing William F. Fromholzer
OTHER(S) PRESENT: Jim Hicks, attorney for Vennwest Reagen Ekman, Principal for Vennwest Ed Morrison, Defendant
PROCEEDING
CATEGORY: Settlement Conference;
MINUTE TEXT: The parties reconvened before the Court for a mediation. After months of negotiations, the parties in this case were unable to resolve the matter. At
this time, the parties will be proceeding to trial .
HEARING STATUS: Hearing Concluded
Hearing time "12 minutes"
Georgia Court results, HDC/Vennwest..... The parties reconvened before the Court for a mediation. After months of negotiations, the parties in this case were unable to resolve the matter. At this time, the parties will be proceeding to trial.
I believe it will take far more than just filing all our later SEC filings in order to see HDC trade again.
I read post on Yahoo about how big Intel is and how many $millions oops... I mean $Billions they made in their last quarter. Intel is huge and deals in many areas of products and business deals. We should not think because they are so huge they should pay us $massive millions or $billions. I asked Alan81about his business experiences and opinion about various areas of Intel, he retired from them before HDC was born.
Opinions are just that but his is really worth his experience and insights involving certain products such as the Xeon chip that was mentioned years ago by the parties and a couple days ago by me. It would seem to me the questions and answers (in this thread) should be OK if our patents technology was used and used in the Xeon brand what percent of that might benefit Intel sales and furthermore what percent of our technology was involved in that chip.
Now, and yes it sucks about this long fight over the years but that is the law. The time it took in this fight with Intel has absolutely nothing to do with the "discovery phase" involving the two parties. HDC must provide proof so did we? was it just worth a $2.25 million like we have seen so far or not? Something else was said by Alan way back. What products do we have to add into the mix to show further damages? We did have any products did we? Was Intel responsible for our failed business, when did HDC's business fail? My point is we never really had any real time being a successful business and that was not the fault of Intel.
Of course HDC's lights seem to be burning very dim and will Vennwest... the tooth fairy save us? I doubt that but we may as well watch the entire show I mean all we need is a new company, new directors, money and of course a new direction so how hard can that be?
Intel's 10-Q
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000050863/000005086323000103/intc-20230930.htm
Just as "Alan81' suspected nothing mentioned about HDC lawsuit/settlement which is probably because settlement amount isn't worth mentioning by name but other lawsuits were such as VLSI - VLSI Technology.
Nothing new as of this hour 7:50 AM involving filings in George court, SEC or PACER.
Intel 8-K filing, EARNINGS......
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000050863/000005086323000100/intc-20231026.htm
So they will filing their 10-Q tomorrow.
King, nothing from Georgia court as of 2:48P
Also...if HDC files bankruptcy then cranks up again all the shares we hold will be dumped..."that is, all common shares"
Hey Sun....no doubt after 20 years you know as well is most whatever is what ever! regardless of any shareholders or traders. Just think this is like Christmas Eve "Not A Creature Is Stirring Not Even a Mouse"
I really do not think there are any gullible investors any more, yes!... most that bounce around in this one are just waiting for the final door to swing one way or another. It may be a solid 4 ft thick granite wall and dead as it gets but it still isn't time for a few of us to leave right? I mean you are still here getting older and older just like many of us.
On another Note please do watch "GSTX" involving "Roger May" CEO who has recently passed but his son Jason now the CEO.
I do wonder how HDC could be used by Vennwest? Could Laurie Venning take a section of his business and merge that with a public company...I didn't necessarily say HDC...oops I guess I did.... but do entertain that idea or something as such. Vennwest is also getting ready to debut a new website? So one way or another I believe a settlement has been reached before today. My thoughts about HDC are they just want to leave Dodge City with at least a new dress/suit in order to go out for dinner and be able to have enough money for tip the waiter?
Anyone have any thoughts?
Nothing new as to SEC, Georgia Corporations Office or PACER involving HDC - Georgia Court.
Do note, I DO NOT see any reason to check the Federal Court or Texas District Court.
Alan...my many sincere thanks.
As to your personal history here on IHUB and of course with past employer many years ago it is a shame that not enough investors within the past and present ever understood or cared to research you. I am so grateful to have meant you and you sir take the time to explain so many things that interest me and of course others with common sense depths so much experience and knowledge that you have shared with all of us. No matter how hard it may have been to understand what the hell I was trying to spit out during the past 2-3 years if not longer you have replied to me or set me straight or explain technical and corporate experience and knowledge in many areas. I'm sure you must have rolled your eyes at many of my posts but I must say again I'm extremely happy with your presents here.
I don't believe Intel is in the picture but is it possible Venwest is wanting to use their own resources to license our remaining patents worldwide?
I keep looking at your post and not saying a word but thinking I hope we rise to that level for you to break even prior any possible RS. I still have my money on Dent but just can't figure out how he will pull a rabbit out of the hat at this level and present speed. It seem far too many have walked this way in technology and since I have a good grasp on patents, patent infringement and so forth I'm shaking my head and waiting like a few others. No doubt we sincerely have concrete management but a questionable forward path involving a mom and pop medical business.
He wishes he was only 59 he is an old goat ....I seen his post last night but since I'm an old man like (you know who) priority of hitting the sack won but wow I'm sincerely set back at such nice words so I may thank you two but where is my friend (adognamedcharlie)?
The truth to all this was I wholeheartedly believed in Dr. Barnhill more so than the technology especially since I had no knowledge as to the massive inability to understand SVM and then RFE got thrown into the mix.
Having lost $480k on two prior corporate deals which hurt badly I only had my last chance with my remaining ROTH accounts. I told my wife if this ends up under the carpet then I will never be able to smile like I would like as I never made a lot of money but my smile can always be seen when anyone actually talks with me. I'm extremely as intense as a person could be and some say why are you in such a bad mood. I just look at them and smile as I'm just passionate and caring. So I pickup the crumbs and look all around to see the true beauty far beyond anything that could be troubling.
Just never touch your smart money :)
So I just got home an hour ago messing with medical plus running to my moms house to visit....amazing she is 96 years old living by herself and in fair health, when she isn't trying to run everyone off the road.
I will check SEC, Georgia and of course PACER shortly and always do throughout the day....thanks again because some shareholders as yourselves do care about things beyond money but what would be cool to finally at least break even, furthermore even if I were to gain $500k from this investment I would not do all the time and pain again to much effort and stress.
We watch people come and go throughout this message thread and so forth and as some know including myself regardless of what some say to each other or perhaps me I never wish them disgrace, harm or death.
Chin up folks hopefuly with a smile today and tomorrow throughout our selves and families.
4:38P nothing new with SEC, Georgia Corporations office or PACER
I really enjoyed this post that you did over on Yahoo...
Charles.....................
I agree, Vincent. In the original filing, case # (ending in 666) HDC's attorneys claimed and identified a number of infringing products which they obtained directly from Intel's own publications, where Intel had proudly advertised how SVM-RFE cutting edge technology was being used in certain of their products. This alone should have been sufficient incriminating evidence for any court to convict Intel of infringement. Intel NEVER denied it. Their sole strategy was to try to invalidate HDC's patent. It would have been easy enough to determine how many of each infringing products were sold by Intel at Discovery. A total of $2.25 million spanning over a ten year period seems inconceivably low, as that would only average out to $225 thousand per year for all infringing products combined! We know that Intel was raking in $ billions per year during this time. They reported $54 billion in revenue for the past 12 months! A reasonable settlement should have equaled (at minimum) the dollar amount that Intel would have been reasonably expected to pay HDC in ongoing licensing fees, but recalculated to include interest and adjustments for inflation. We know that a much smaller company, Neogenomics, paid HDC over $6 million in licensing fees for far less usage.
_________________________________
Now that Alias brings a smile...if all works out I may phone you after everything is said and done. I don't posts n Yahoo due my personal security reasons. Yes we go back a ways and believe from another stock heck maybe I was just dreaming that oh well....I did miss the leaves changing colors again.(I wish I could post bullish) but I always post off the cuff and what I'm feeling or what I believe at that moment.
Charles, who would you think Colleen and Morrison and of course Mr. Fromholzer who just left the company would prefer as a CFO of HDC or even CEO of the company. Venwest or Delmonte? If HDC settled for $600 million of perhaps as high as $900 million would you not think that the remaining BOD would bring Marty back (an offer he couldn't refuse) as he could be paid handsomely under the above conditions. Their is a reason (so far) that Marty will remain clear of HDC that is as it appears today. Now you don't think Colleen is loving her present position in HDC do you? As I had stated prior involving how George and his wife were dealing with all the stress can you now wonder about Colleens household. Like I said if we had money and if we were guaranteed a large sum due to settlement someone would have risen to the office of Interim CEO. I'm sure Marty has copies of mostly past event and his actions are not seen or shared by HDC are they?
Alan...do you want to take a stab at this? In your opinion let' s say Intel has used our main patent, meaning, the one that the main fight referencing ownership. Also with just the XEON chip. My question will be of what percentage and or value might likely be produced for Intel. Also like to know what percentage of the total operation of the chip would use the SVM-RFE function provided it was our patent.
How could HDC even prove Intel used our patent?
Now I may need to try and define this more since the lack of my communicating skill is low but my thoughts reflect although there may have been a fight over ownership and effort to destroy the patents would you tend to or somewhat believe that Intel may have used our patents for up to 10 years like we see investors talking over in Yahoo?
I hope like hell that my ROTH accounts live through all this but I just don't see any movement within HDC that they could have done by now. Intel will file their 10-Q this Friday and it would be super cool if both corporations have some type of release indicating one way or the other. I will be staying close with checking the SEC, Georgia Incorporation and PACER for any movement. (nothing new as of 1 pm)
Almost forgot how the heck are you today? hope all is well with you.
It would take a miracle just to file our late filings let alone to comply with the OTC.
Charles.......Section 906 also provides for criminal penalties ranging from up to $1 million in fines and up to 10 years in prison for filing a 906 Certificate "knowing" that the subject report does not comport with all the requirements of Section 906, to up to $5 million and up to 20 years if the officer "willfully certifies" a report "knowing" that the subject report does not comport with all the requirements of Section 906.
Charles, the 10-Q and 10-K must be certified by the CEO and CFO but can be certified if the CEO is also the CFO.
I must say having a CEO play both officers and filing our late SEC filings will be child's play compared to compliance with the OTC. I have watched 2 corporations submit all their late filings and trading did not start until 5-8 weeks after.
We needed Marty Delmonte as he could have filled both positions involving the effort towards compliance, I'm sure you can see why he would have been best to start the ball rolling again but we did not see anything from HDC. I am curious as I now see a strong possibility of a quick settlement a day before or after the 26th that will not be good for all of us. I'm sorry but it is a no-brainer why it was so important to name a interim CEO as soon as HDC could after the Intel settlement regardless if they bought HDC. That would have been a strong signal to Venwest and of course all of us shareholders.
The facts are that we have two directors left in HDC Colleen who is a company director and Ed Morrison who is a Independent director has been invested in HDC since 2009. Now Mr. Morrison has more skin in this game and since he know how to pull teeth maybe he might step in as interim CEO - provided Colleen's grace. Maybe he can pull enough teeth out of the next infringer to get them to pay up.
Another point to be made when reading a recent post over on Yahoo by YankeesFanInOhio referencing exclusive rights SVM-RFE. When the USPTO or PTAB decide we had exclusive rights that just mean that HDC has the rights to use that patent and Intel does NOT. Then we seen Intel try to destroy the patent in court. Anyways, and as you can see there are many others developing what? Yes! SVM-RFE patents. OK, understanding worldwide rights, no way Jose the basic patents under the USPTO will have have is known as a Country code before the patent number however applications are different. Yes we did have some WO by way of early patents under the Barhhill group/Biowulf. Of course Barnhill's buddy Sandy was in that mix too...actually 5 to 8 other people got a slice of the pie, oh well just spilled milk. So WO is representing corporations that RESPECT WO structure so China and many other countries are nothing but BS. So in short any foreign patents we have are just store candy that we have never nor ever will fight for PERIOD....actually all longs here already know this.
Charles 1 million share $200 bucks that all!
King.........Let me explain....... the events the best that I can or believe........
On 6/30/23 Mr. Fromholzer, The Board of Directors expects to make an announcement regarding an interim successor for Mr. McGovern in the near future.
8/25/23 Friday, Texas court - Close of fact discovery
8/31/23 Intel settles for $2 million and we are also told that Mr. Fromholzer plans to leave the company.
It appears nothing ever happened as to appointing of a interim CEO.
I believe HDC was told by their attorneys between 8/21 - 8/23 they did not have enough evidence to move forward involving a trial.
By 8/23 Mr. Fromholzer decides he is done and will leave the company. He also prepared/prepares the last two 8-k filing that we see and may have already prepared a filing for Colleen to sign shortly before or after 10/26/23 ZOOM meeting with Veenwest.
___________________________________
Now the clincher as I see things was what appears to be a fact that opening expert reports never happened. Surely this would have been the time of glory for one side or the other but nope? This also tells me (I could be wrong) that Intel may have offer more or less prior close of discovery but don't really know. Another strong point to face is within the time span from 6/30/23 to say close of fact discovery no interim CEO was appointed and furthermore had the sky opened with a decent settlement it would only be of HDC interest to have appointed a interim CEO.
Next now we back away and say maybe something good will happen involving Veenwest? I ask what in the world if you, the reader here, were Veenwest? What could you possibly do at this point? Now keep in mind we are in the Expert market, our history, what may or may not have been manipulated to one end or the other with George and Marty trying to keep us going as long as they did. So Veenwest loves us shareholders and will save the day like batman or superman. What some of us don't seem to grasp (even me at times) HDC is simply exhausted but if you think not tell me how no officers of the company dare raise their hand to be interim CEO with no pay nor future.
King...I believe you are spot on referencing "if the plaintiff says they’re done the case is over" but still believe the only way that would present itself if HDC attorneys were shooting blanks.
You have a good weekend and know all this will pass and it is about time regardless of what may or may not transpire as to any shareholder benefits....actually with the HDC curse maybe HDC will send a bill to all us shareholders.
...oh, did BQ head for the hills or what?