Helix Technologies Inc. (fka HLIX)

[NobleRoman]

Great Quarter; Great Conference Call:

https://seekingalpha.com/article/4306858-helix-tcs-inc-hlix-ceo-zachary-venegas-q3-2019-earnings-call-transcript

We had questions this time, and that was a really good presentation. That's my commentary in Racer-X.

I don't know what all Amercanex is going to do next year, but it's going to be very interesting. And I do love the focus on data from Garvis. BioTrack's growth is amazing. Everything is amazing.

I agree with Zac's comments of "risk off" but also don't really think the whole sector was ever valued right. It was always expensive, and I wouldn't want to time that. I wanted a foot in. Things could stay expensive forever. You just never know. Rounding out to about $60M for all of this right now isn't super value. But it's not crazy out there anymore either. This could be a super company one day, and I wouldn't rule it out. One may look back and call this super cheap. Or not. That's what's so fun about it.

For me, I have a personal attachment to this company and I like this team. So, I'm not worried. But everybody is unique and phobias, etc. I'm afraid of heights but not of stocks. For me, I like it.

I'm also very proud to note that KERN is now below $4.00. That's MJ Freeway. They started out as friends but have gotten a little too cocky for their britches. And they like to undercut us is price. I do like the fact that we don't try to undercut them back. They've run into problems for being cheap too. I like frugality, but not cheap SOBs. You can't even trust a cheap person. That's a truth. You can trust a frugal person, but if they are cheap and stiffing waiters, taking advantage, rudely asking for favors and cheaper prices, or lying about their age for senior disconts -- whatever the case is. Don't trust a cheap SOB. In fact, I had to evict a former "friend" that fit that profile 2 years. They are not friends. They are frenemies.

That seems to be the profile of MJ Freeway in a way. I want them at $1.00 for punishment. And IFFF I'm so lucky, I'm going to buy them and then I'm going to torture them. I don't see us as one of their bolt-on prospects or vice versa. That's too parallel, then different softwares, etc. But they are an annoyance and need to be dealt with {As I slam my right fist into my left palm]

The End