And yet it still closed at .0008 with a nice little 100 share paint job.
Gotta ask yourself a couple questions. How many times have you seen soooo many things happen to one company such a short amount of time? The 19th thru the 23rd. Keep in mind the 22nd and 23rd were a saturday and sunday.
Dilution of 200 million, 2 plaintiffs requesting default in their respective lawsuits. The manufacturer ends their relationship, yet remains open to future dealings. The Oklahoma project gets cancelled.
Then here comes St. George. They know all of this. Yet they say, suuuure, we'll lend you $455,000.
Keep in mind all this stuff happened right after the '18th'.
How about this? Helix dumps all of their dirty laundry in one instance. Stuff that has been building up, going unreported. Now they get it all of it out of the way, paving the way for upcoming good news. The news they happen to be sitting on. Their 'ace up the sleeve' so to speak. This bad news causes a sell off. Investors panic and sell, 'friends' then buy those shares. Funny how the price didn't fall at all during all the selling.
Now, for a company with it's back up against the wall, such as Helix, wouldn't they do whatever they need to do to survive? Pull out any trick in the book such as what I just stated? For me, I see a lot of smoke and mirrors.
I like your point about the possibility of a reverse split and then releasing good news such as a patent. I question the legality of a move like that. As much as legalities do go unnoticed in these things, its my opinion that too many people would get burned for it to go unnoticed. I'll do some heavy research tonight into that exact type of scenerio. If that did happen it wouldn't be as catastrophic as most as the good news would keep the new pps up.
They can't sell their patent when they get it because of the writ of attachment against them. Perhaps they'll get financing or some investor will step up and pay Bluewater off, ending the writ. and then they'll move forward.
I gotta say this is the craziest stock I have ever owned. Ha!
Good luck to you and to all.
