Helix is now a shell. As were the companies before it.
What Does Shell Corporation Mean?
A corporation without active business operations or significant assets.
TERRAPIN ENTERPRISES, INC.
became
BLACK SEA OIL & GAS
after 17 - 1 forward stock split, putting the A/S to 1,750,000,000.
BLACK SEA OIL & GAS
became
CLEARVIEW ACQUISITIONS, INC.
after a 1 - 1,000 reverse stock split.
CLEARVIEW ACQUISITIONS, INC.
merged with
HELIX WIND TURBINE.
through common stock/notes.. A/S remains at 1,750,000,000 with 54,315,086 O/S.
Since then, Helix maxed out the O/S at 1,750,000,000
Helix's original management is completely gone except for the CFO.
New CEO, James Tilton comes in, brought in by Helix's biggest money bleeder, John Fife of St George Investments. Tilton's plan. Make himself, John Fife, the CFO Kevin Claudio and some other guy majority shareholders with all voting rights. Then vote 'yes' to raise the A/S to 100,000,000,000, which will be converted in order to pay John Fife.
Now, Helix, like it's predecessors, has become a shell and it's time for it to repeat the process.
BTW, the guy that set up Helix's merger with Clearview, Marlon Guslak, head of Bluewater Partners in the Caymen Islands, currently sits in jail for stock fraud.
Show me another company anywhere in the world that has 100 Billion A/S. John Fife, is a convicted stock manipulator, the head of St George. He stands to make millions from that 100 Billion A/S as Helix now owes him millions for defaulting on their agreements. Just like he did in 2010 from the exact same defaults. Fife isn't a dummy. He learned from his mistakes that got him convicted in his past. Everything he is doing now is legal. Although, he still has no moral code. Welcome to Chicago style finance.
James Tilton? He was put there by John Fife. They have a history. Look at his other company's. NVAE, NUBL, etc, etc. All run into the ground. Look for some deal with Philip Verges of NWMT sometime in the future. He's another guy Tilton deals with extensively.
What company will Helix merge with? Once the 100 Billion is gone, what can we expect? A forward split, a reverse, who knows.
It is exciting to see what they will do. Keep watching this one for an enormous education opportunity.
