Helix Technologies Inc. (fka HLIX)

[NobleRoman]

Another Factor Helping our Competitor:

KERN is our easiest comparison in our industry because they are the only other seed-to-sale public company. And they are running close to us in annual sales, so it's a great comparison.

There is actually an article here that compares HLIX to KERN head to head in many categories as I have done earlier.

https://seekingalpha.com/article/4331445-akerna-strong-buy-opportunity-in-growing-cannabis-industry

You have to have a membership to view it all, however, which I have. For those on good behavior, I have connections to the unofficial HLIX site that has excerpts here:

https://www.facebook.com/groups/967490723380506

In fact, I just presented a rebuttal to it based on the two 10Qs that came shortly after this article. A lot more clarity emerges. But again, viewable only to country club members of one private pool or another.

But I won't reveal all because those authors deserve their dues for their work product. I'll only give relevant excerpts.

KERN also has another advantage working in favor of their share price. Besides the better balance sheet. The same advantage HLIX used to have. KERN still has a low float. Since they went public through a SPAC, they still have a lot of outstanding shares that haven't come to market yet. And many shares from acqusitions not freely tradeable yet. That's how our stock traded high before by lower float. So, that could be another downward pressure on KERN if things don't work out as planned. Especially if there is a cashless exchange of all those warrants at $11.50, which have not yet been exercisable. That would be a PHUN rerun, but I couldn't see it being near as bad as that.