IDNG: various subsidies with improved revenues; HAWK as new trading symbol soon; Float t.b. reduced by ~10%
OS 724M 05/06/2019; Unrestricted 518M
SEC Reporting/Audited Financials Revenues in the pharmaceutical and medical device business
unit are expected to improve
as market acceptance of our products increases and we begin sales of our SANDD medical devices. Additionally, net profits are expected to improve
as the Company’s pharmaceutical sales become more weighted to its branded generics which offer lower discounts than the discounts offered by the Company for its highly competitive “special” pharmaceuticals and require significantly lower operating costs. Additionally, our medical devices are being offered
for sale at very attractive profit margins. https://www.otcmarkets.com/stock/IDNG/security
News May 10, 2019: RedHawk Expands Sandd Sales Infrastructure https://www.otcmarkets.com/stock/IDNG/news/story?e&id=1354800
LAFAYETTE, LA / ACCESSWIRE /RedHawk Holdings Corp. (OTC PINK: IDNG) ("RedHawk" or the "Company") announced today that it has entered into a customer-specific sales representation agreement with Jeeds Health, Inc., an affiliate of Pharmaceutical Buyers, Inc. ( "PBI" - www.pharmaceuticalbuyersinc.com ), for the sale of its SANDD mini ("Sharps and Needle Destruction Device") needle destruction devices. The Company believes the agreement will eventually extend to the SANDD Pro unit when it is offered for sale later in 2019.
PBI, a New York-based company headquartered in Long Island, New York, sources and distributes clinical trial, biologic and specialty drugs to approximately 285 major pharmaceutical and biotech companies in the United States and overseas. Through an affiliate, R&H Pharmacy, PBI distributes prescription, medication, vitamins, supplements and over-the-counter items to various wholesalers in the European Union.
PBI serves an active base of about 285 major pharmaceutical related companies in the United States and in over 30 other countries in the branded, generic and biotech/pharmaceutical industry and include virtually all major generic drug manufacturers Landmark update: Law suit,
which caused the pps drop over a year, settled
- also leading to return of 52M shares to the treasury RedHawk Holdings Corp. 5/4/19 By Stockmarkerquarter - independent profiler on emerging growth companies: https://stockmarketquarter.com/
RedHawk Holdings Corp., formerly Independence Energy Corp., is a diversified holding company which, through its subsidiaries, is engaged in sales and distribution of medical devices, sales of branded generic pharmaceutical drugs, commercial real estate investment and leasing, sales of point of entry full-body security systems, and specialized financial services. Through its medical products business unit, the Company sells WoundClot Surgical - Advanced Bleeding Control, the SANDD Needle Destruction Unit (formerly known as the Disintegrator), the Carotid Artery Digital Non-Contact Thermometer and Zonis. Through our United Kingdom based subsidiary, we manufacture and market branded generic pharmaceuticals. Its real estate leasing revenues are generated from various commercial properties under long-term lease. Additionally, RedHawk's real estate investment unit holds limited liability company interest in various commercial restoration projects in Hawaii. The Company's financial service revenue is from brokerage services earned in connection with debt placement services. RedHawk Energy holds the exclusive U.S. manufacturing and distribution rights for the Centri Controlled Entry System, a unique, closed cabinet, nominal dose transmission full body x-ray scanner. http://www.redhawkenergycorp.com
The Company said its health care business unit will operate as a fully-owned subsidiary of RedHawk under the name Independence Health Corp., LLC.
The Company is waiting for regulatory approval to begin trading under its new trading symbol (HAWC) and new CUSIP number (75746Q103).
List of subsidiaries:
100% owned by IDNG/REDHAWK:
1.RedHawk Land and Hospitality
2.RedHawk Medical Products & Service
3.RedHawk Medical Products UK
4.RedHawk Pharma, LLC
5.EcoGen Europe LTD
6.RedHawk Pharma UK LTD
7.RedHawk Financial Services, LLC
8.RedHawk Energy Corp., LLC
9.Centri Security Systems, LLC