RedHawk Holdings Corp (fka SNDD)

[Beancounter73]

"Cow" this is for you - my ONE allowed post of the day......my understanding is that there are at least six toxic lender targets with question marks on two more where the company previously entered into litigation settlement agreements (EMA and Auctus).

Two lawsuits have already been filed - RedHawk is already a lead Plaintiff in the Crown Bridge lawsuit and expects to be added as a lead Plaintiff in LG lawsuit after the November 8 scheduling conference. My understanding is that these toxic lenders are by far the smallest of the Company's USURY claims but even those total more than $200,000 ($600,000 if they prevail on treble damages). So, I would expect back of the envelope estimated USURY damages to be about $1.5 million to $2.0 million (3x that amount with treble damages).

In addition to The Basile Law Firm, my understanding is that RedHawk has now engaged the Toce Law Firm as a special advisor in these class action lawsuits. Toce has substantial class action experience and Andre Toce was the Company's attorney that had Schreiber admitting he had committed perjury in his deposition.