Helix Wind Corp (HLXW)

[cowboy71558]

By grossly over-increasing the A/S to 100 billion, this mgmt and board of directors have erased all doubt as to what they are...incompetent amateurs. They have no clue as to how to run a company and believe that investors will continue to flock to their company to buy shares. Unfortunately the only thing this company can boast of are: 1) a good product / patent and 2) the most successful printer of shares any company has ever witnessed.

I expected them to raise the A/S to 5 bilion as required by the Purchase and Exchange Agreement, but to increase it this much...well, it doesn't bold well for the shareholders.

And as I said in a previous post, giving 5 investors more than 51% of the voting rights, it allows mgmt to take the company in any direction and we as shareholders, have "no" say whatsoever. Just read their latest filing, they say as much! jmho