Helix Technologies Inc. (fka HLIX)

[NobleRoman]

HLIX Won't do an RV or go Private

First, doing a reverse split is not logical. There is no board to fall off of. HLIX is in compliance. This is a penny stock and always has been. Reverse Splits are done to stay in compliance with higher exchanges.

Going private doesn't make sense either. Being public is their source of capital. It is liquidity. Some of the financing is toxic, yet liquid and not toxic to its financier. Things have a year to wash out.

I do like some forward looking plans in this Toler interview this week:

Like making more partnerships. I love that! But then he also says they will continue to look for "selective acquisitions that make sense.." Oh no. Please no. Let's get some sales for Helix Exchange first. Let's consolidate and just focus on partnerships only and being self sufficient. It's hard to digest all this. You are eating too fast. This is a minow swallowing whales...

At least it's fun and interesting. There is a reason why I have 70,000 shares in NROM and 20,000 shares here. NROM is pizza. It's simple, and 2 days ago they were priced at 6M compared to the 10M here. I've always said NROM is worth more, and it never has been. NROM in theory was supposed to rise above HLIX, but the world is falling. HLIX should never be worth than NROM. NROM doesn't need capital to survive. They need it only to expand. They actually have better gross margins, believe it nor, because they are a franchise model.

It's very easy to make dramatic purchases here the lower the stock price, so think of it that way. 10,000 shares at 10 cents will cost you $1000. 10,000 shares at 5 cents will cost you $500. Aren't both better than paying $10,000 at $1.00? Same company.

I know it's painful to watch a fallign price, but the stock market is a weighing machine. What does this price mean to you? If you think HLIX will go bankrupt, probably don't buy it. But if you think somebody will buy them, is it worth $10M?

I think it's worth $10M. Just like HLIX wants to buy more companies with money it doesn't have, so to do others want to buy. The lower the price, the tastier we become to predators. And when NROM is at $6M, you really should be buying there. Not because HLIX isn't tasty, but because NROM is more tasty at the moment.

There are so many good things out there. Blackberry is enterprise software, just like us. While our board members are very intelligent here, Blackberry has even ore intellligence! They have math prodigy Prem Watsa on their board. While they may be on sale for a few billion, they are getting close to a p/s of 1 too. Yet, analysts all have higher price targets on it. We have no analyst coverage. There is a lot of value in the world right now. People are trying to hold on to cash. People can't even get a hold of their unemployment office in every state in this country.

I myself have been trying to amke a claim for my second industry, and I ccan't get through. There is stimulus money I cna't get to. Look at everything in its full context. Don't let the stock market be your guide. Let it be your oyster..