Tuesday, November 27, 2018 6:58:35 PM
The 1st is very obvious to me but maybe my understanding could use some elaboration. The volume in HDIH is what it is now for several reasons. The biggest, and most important, is that the company can NOT sell any shares that they did NOT acquire from TRKG. This is very simple... HDIH, as a company, hasn't registered any shares with the SEC. And YES, ALL SHARES TRADED IN THE MARKET MUST BE REGISTERED! This is a Federal Regulation and there are NO EXCEPTIONS! Since the previously mentioned TRKG actually registered their company and shares with the SEC they are legally available for trading in the open market. This is why the float remains so small, because the numbers are still associated with the REGISTERED SHARES from TRKG. The only form of dilution by the company was in issuing the "round-lot" or free shares when they did the split.
The 2nd, and maybe less obvious element, is the fact that HDIH is STILL TRKG. No matter how you slice it, the company has NOT "inked" or signed a deal. This means that the company in control of HDIH at the moment are the shareholders! HDIH has to prepare all of the missing years of financials to become current on OTC. If they are going to be reporting to the SEC, those financials MUST be audited. We know that they have to register with the SEC in order to register shares in the name of HDIH. Remember, TRKG registered shares that only say HDIH because of the ticker change. NOTHING MORE OR LESS! HDIH exists as a company but their relationship to the current tradeable shares are through TRKG.
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