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Re: stuwis post# 8160

Monday, 08/01/2011 3:45:55 PM

Monday, August 01, 2011 3:45:55 PM

Post# of 9091
Helix is the poster child of how not to run a business. Sooo many examples of bad decisions, starting with the acquisition of Clearview, in order to become a publicly traded stock. The guy that orchestrated that Myron Guslak, is sitting in prison right now for stock fraud.

Wasn't always bad. Business started off alright. Things were looking promising, but they got too cocky and tried to bite off way more then they could chew too soon. Then came late summer/fall of 2009 with the attempted acquisition of Abundant Renewable Energy which was far too ambitious and imploded, costing them millions, essentially knocking down the first domino which destroyed their entire business plan, leading to chaotic in-fighting, lawsuits and eventually, making the company into a mere shell.
Of all the people that started the company, only one remains. Kevin Claudio.

Even Tilton, the new CEO, who was put in power by John Fife of St. George, is a mere puppet who most likely won't do anything productive unless its putting money into Fife's wallet.

Crazy. Just plain crazy.