Helix Technologies Inc. (fka HLIX)

[NobleRoman]

OTC Dated 8-4-2020

Outstanding Shares
114,947,768
08/04/2020

So far so good.

https://www.otcmarkets.com/stock/HLIX/security


500,000 shares have diluted us, unexplained to my knowledge. That could explain a lot of that selling. I don't like it, but it's not skyrocketing. But I don't like it either. At $1.00, that would be $500,000. That pays down a lot. That would be life-sustainable acidic levels. At 10 cents, that's $50,000 and doesn't pay down much of anything. We are paying for that. That's theft, like skimming off the till. Legal theft. Personally, I think Scott Ogur should step up and mortgage his home and start repaying the till. And start by apologizing publicly to shareholders for that financing.

I'm glad to see some steps taken to reconfigure some of those convertibles that expired last month. Extending them, and by my interpretation, making them more in alignment to my 11 cents. Wasn't great, but was better. But good for what you can do when you give someone legal authority to put an albatross around your neck.

Glad to see some cash and high margins in the future, which can do battle with the toxic levels. I'd like to see this cleared out and not too much more poisoning of the wells here. That number went up. DON'T LIKE IT. Don't let it go up too much. Don't make me mad.


____________________________________________________________
In the post I'm responding to, I said:

OTC Dated 7-2-20

https://www.otcmarkets.com/stock/HLIX/security

Just for the record, the last update from the transfer agent on HLIX's OS was on 7-2-20, which reads 114,447,768.

On May 20th, the last 10Q said this:

As of May 12, 2020, the registrant had 97,924,212 shares of its common stock, par value $0.001 per share, outstanding.

https://www.otcmarkets.com/filing/html?id=14154906&guid=O9fFUKuv_evUV3h


Toxic conversions this low are extremely dilutive. Hence, toxic. Keep an eye on that number. That's what mgmt. needs to address. If it starts rapidly rising, they punish themselves. They need to address that.

Putting this number on this time-stamp for the next update from the transfer agent. We don't want to see toxicity. I do admit, there is a lot of selling going on here. And it's not from insiders. If that number starts rising without explanation, it's toxic conversions. And our CFO is going to need to be held accountable. That would be theft of shareholders. Debasement. Unintentional or not, matters not.