Has anyone else noticed that the outstanding share count has not changed since September 2021? Has anyone taken the time to read the past financial statements and review the outstanding share count that the last small amount of toxic debt was NOT converted to shares when it was schedule to do so?
I wonder if the SEC investigations of the toxic lenders was already in process in September/October 2021 and the Company's legal was already working with the SEC on these investigations and that's why conversions didn't occur? Or did everyone simply ASSUME the debt was paid off.....it wasn't - I asked. Under current settlement agreements with the SEC, all toxic lender conversion rights are cancelled.
Wasn't this about the same time the company moved to the Expert Market so only Accredited Investors could trade? SEC investigations are SLOW.......
I've been told the Company is and has been working with the SEC on ongoing investigations of certain toxic lenders, that the SEC is aware the Company's financial statements are prepared. At the Company's request, the SEC is looking into RedHawk stock trading before and after the Company moved onto the Expert Market.
So, perhaps the Company is simply waiting for these initial toxic lender court hearing to be completed very soon, more toxic lender lawsuits to be filed very soon, "critical market" information is released to the market through the issuance of 8Ks, subpoenas are issued (lawyer-up if you're expecting a subpoena), and Klug has decided if/where he wants the stock traded.
Klug has been meeting all day with local litigation counsel.
How do I know all of this information - I ASKED!!!
AI
