RedHawk Holdings Corp (fka SNDD)

[BL28]

Let's look at facts...


- IDNG has virtually no revenue per the 10-k.

- The 10-k was a flop. Some blamed this on Rotelli, but he left in April. There were 8 more months to do something.

- Redhawk bought Xxtreme for $66M and sold it for $66M after putting in time and effort and there is zero record of any benefits or continued payoffs beyond the sale. All Texas holdings were sold. A profit of $0.

- There is no concrete evidence of additional products or purchases which will be fore sale. IDNG sells thermometers.

- A smart businessman will not take his money and put it into a publicly traded company expecting nothing in return. That oftentimes is done in the form of stock issuance which equals dilution. There's no way around it.

- Per the 10-k, the company currently doesn't have enough cash to sustain operations.

- The "warehouse" that Klug owns where all the supposed medical devices for sale will be packaged and shipped from is in fact his home. It's not a warehouse or a building. It's a house.


Any other facts out there?