Helix Technologies Inc. (fka HLIX)

[jimmenknee]

jimstr :) That is the registration filing for the shares sold in the PPM as reported on 12/14.

http://www.secinfo.com/d12TC3.u22yt.htm

Shouldn't be a big surprise. Just verifies what we already knew. We discussed it a little in December. It's possible they'll hold based on dividend incentives:

Posted by: jimmenknee
In reply to: redsoxnumba1 who wrote msg# 1863 Date:12/20/2007 2:07:25 AM
Post #of 1951

redsoxnumba1 :) The IPO planned to raise ~3 million and they cut it short. I have been suggesting this was purposeful as the SB-2 was not underwritten. So pulling back .50 shares and structuring a PP @ .85 nets them more money for a little more shares than was intended to hit retail via the IPO.

As the 8K reveals, these shares (for non-affiliates) won't be restricted, but rather registered and in essence free-trading. There is a lock-up period lasting 60 days so we have a small cushion.

I'm going to reassess my position hopefully after the 10K and before the lock-up or reg statement-- whichever is later.

http://investorshub.advfn.com/boards/read_msg.asp?Message_id=25446494