RedHawk Holdings Corp (fka SNDD)

[Divest]

There's no time like the present to ask what Redhawk' management has been doing lately? Rather than tell what I think or feel, I am just going to let the facts speak for itself. 

First of all we know from court records that 247 million shares were added to the OS, as part of an escrow agreement, designed to guarantee that Schreiber would receive the money from the settlement agreement no matter what:



Schreiber's attorneys however rejected the the use of those shares as sufficient collateral to pay him, and demanded a cash bail be paid to court, as we see below: 



While all this was ongoing Redhawk prepaid Schreiber all of the money owed under the original settlement agreement. 





The court agreed with Schreiber that a cash bond should be paid within two weeks, and when Redhawk agreed to pay it the court stayed an earlier order, that would have gave Schreiber the right to seize Redhawk's shares and sell them on the open market, so long as Redhawk paid the bond by September 11, 2020. 



So Redhawk paid the cash bond on Thursday: 


The company then requested that Schreiber agree to dissolve the escrow agreement. Their reasoning being that since all of the money that the lower court had demanded of them has been paid, there's no reason to hijack the company's share structure with 247 million shares to guarantee payments that have already been received. Schreiber now has no legal right to dilute. When Schreiber ignored their request the company asked the court to force him to release him from the now gratuitous escrow agreement on Friday: 



So this is what the company is doing currently, the company not only increasing revenues by 500%, but it also prevented 2/3 of the shares added to the OS this year of 2020 from ever being sold into the open market. What is more it is now fighting to get those shares back. None of the above is someone's opinion, or speculation. It's a list of recent demonstrable facts.