Health Discovery Corp (HDVY)

[MBMoney]

LocWolf, I saw your post about the SVM Capital issue in the 10-k. It's mind boggling. Some other HDC statements were also pointed out to me.

For example:

Dec 6 shareholder letter: We believe that a third party or parties are infringing one or more of our patents. Since before the win at the USPTO we have been working closely with special counsel to evaluate and plan the best legal course of action for this matter. We have also been in discussions with certain entities concerning the financing of such potential actions. Although no agreements have been reached, we are pleased and encouraged by the progress made to date.

April 10 8-k: The Board has taken this action in part due to the loyalty Mr. Delmonte has displayed during his instrumental role in the recent turnaround of Health Discovery Corporation and other partnering initiatives.

10-k: The management of SVM Capital, LLC has not provided Health Discovery Corporation with any updates since September 2016. Health Discovery Corporation is evaluating its rights regarding the license agreement with SVM Capital, LLC.

So, obviously, we're all wondering the following: What's going on here? Since they were pleased and encouraged by progress to date in December relative to infringement action, did HDC just decide to put discussions on ice for 5 months? As it relates to the promotion referenced in that April 8-k, I love the reference to partnering initiatives. Where are they? And, of course, this SVM Capital reference in the 10-k certainly has me baffled. Perhaps someone at HDC might suddenly realize that it would be a great idea to pick up the phone and make a call to get an update?

This is beyond unacceptable.