Hellix Ventures Inc (HLLXF)

[BajaBandit]

Hi Everyone, I'm new to this board but I was an investor in Hellix before I threw in the towel.

I read all the postings and find this new lawsuit development really interesting. Here is the saga as I understand it:

Underhill Sr. continues to be the President of Hellix and took the company into hibernation mode to save cash and is waiting for the opportune time to sell Hellix to a major.  He waited so long that most investors gave up assuming he became too old, wanted to retire, but his son wouldn't take over so he sat on his shares. Then the naked shorting happened and Hellix became worthless (per the stock price).  And then Underhill sued Brenner for financial harm. Making everyone rethink the assumption that Underhill Sr. doesn't care about this company or harm done to the stock price. 

Also, there is the real concern that Sr. could pass away, leaving a large number of shares to his son, Underhill Jr, perhaps even a controlling stake. And Jr. isn't of the same caliber as Sr. (just take a look at his LinkedIn page: https://www.linkedin.com/in/frank-underhill-1a262621/) From what I gather, Jr. doesn't want to be involved with Hellix. If this came to pass, it would be really opportunistic if a small group of investors bought ALL of the Underhills shares in a private sale and gave the company a new life.