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Re: RIOgrande44 post# 81410

Monday, 09/16/2024 8:08:56 PM

Monday, September 16, 2024 8:08:56 PM

Post# of 82715
Klug has been keeping many secrets from SNDD investors... There are 9 lawsuits in Louisiana against RedHawk and Klug.



Klug and RedHawk have been in trouble for many years even before he stopped filing. Klug was promising collateral to some. then selling off that same "collateral" to others and diverting the money somewhere without paying those he put the colateral up for.

https://drive.google.com/file/d/1-eIyCrD8K2Qn7kXbVRGvQu0_m4OmfEL-/view

Judgment in that case for 100,000.00 plus attorney's fees, interest, and 2,500,000 shares that they likely never got a chance to sell because Klug allowed the SEC to revoke the stock.

https://drive.google.com/file/d/1-el-BNoN_WE1Sf_RtcEcKBcIQqnOrb4N/view


The latest was filed in May with 13 plaintiffs and totals near 300,000.00 bucks... More collateral sold off. Klug has likely sold off everything as I have said before. Nothing left. There will be no filings and no Form 10... Ever.

https://drive.google.com/file/d/1-a5ARjVhNIXrrBAH7qvK8vdeE3MFYqSF/view


Judgment against RedHawk for $645,222.26, plus default interest at the rate of 24%

https://drive.google.com/file/d/100M_2nbp9gUtCOF44HhRiHamw4Q_P58N/view


Check this out... These guys sold 1,117,000.00 bucks of SNDD stock for Klug to private investors and Klug failed to pay them their 2% commission. Then failed to pay interest on a note and sold off pledged collateral to someone else with zero benefit to them.





https://drive.google.com/file/d/1-rl6mpFZuK1YAItaJHRnrC9yYPYB9FPO/view


I don't remember seeing anything in the financials about a lawsuit filed against Redhawk for patent infringement with the needle incinerator thing. Redhawk won a favorable Judgment, but Klug didn't disclose this suit to investors. Thats more Fraud....

https://drive.google.com/file/d/1-xjPlbpHsuqH62f8b4NvaPKEckw-CKvW/view


Another 50,000.00 bucks worth and Klug's same MO...

https://drive.google.com/file/d/1-rb2h4yIa_OOudTgWar_IvV34CpU6y4Q/view


Writ for garnishment to seize all property sufficient to satisfy Judgment...



https://drive.google.com/file/d/1-tDVELI-o0ozFq6rSLV-t0myz93zcDnD/view


Lets not forget about this!!

Another breach of contract lawsuit. Klug/RedHawk the defendant. Klug failed to notify investors of this lawsuit as well. Its was a purchase and sale of future receivables agreement. I also don't recall seeing that deal in any filings as well. Pretty good deal for the financier... and really bad for SNDD investors.

5. On or about 9/3/2020, Plaintiff and Business Defendant entered into a Purchase and Sale
of Future Receivables Agreement (hereinafter referred to as the “Agreement”) whereby
Plaintiff agreed to purchase all rights to Business Defendant’s future account receivables
having a face value of $359,760.00 with an agreed upon purchase price of $240,000.00. A
copy of the Agreement is annexed hereto as Exhibit A.

6. Pursuant to the aforesaid Agreement, Business Defendant agreed to have one bank
account approved by Plaintiff (hereinafter referred to as the “Bank Account”) from
which Business Defendant authorized Plaintiff to debit $4,497.00 each day until the
purchased amount of receivables- $359,760.00 - was paid in full.



https://drive.google.com/file/d/1rF4gccPMCMWx6QKMWkedBmjPtgTEeM6g/view


Statement of Facts:

https://drive.google.com/file/d/1BMDm0Mxqq-r0MIDWI4gPN3Jy2a2t9itN/view

..

Klug must have been desperate as HELL to sign this agreement.

https://drive.google.com/file/d/16IMzUIGP7C3pJVa5TO5lqL8NjHleDAE0/view

Klug could NOT make the payments as agreed in the contract and incurred a bunch of NSF fees.

https://drive.google.com/file/d/1MtZeVL_zIwXtHLOgvEt0U3_pgjQgCRnH/view


And I haven't forgotten. I'll be here... SNDD will still be revoked with you holding worthless, untradable stock. Redhawk will still be a dead company. The only thing different will be the year.

April 19th 2025...



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I expose stock scams to gain knowledge about investigating the stock market players and for the entertainment it invariably generates. I've received NO compensation in any form for such, except for a few thank yous...

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