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cowboy71558

10/29/10 1:19 PM

#4255 RE: maybe_this_time #4254

Here again, at some point in time people will just stop buying this stock with all the dilution.

How long do you think it will take for that creditor to sell their 82million shares and all the other creditors who converted their notes these past few months?

And, considering that Helix has at least $350k more in notes to Bluewater (who alleges it is closer to $650k), mgmt would have to isse 269million more shares to convert this at a discounted price of 0.0013 / share. I'm not so sure Bluewater will accept shares in lieu of cash.

Considering the fact that Helix has no cash and very little revenue, the future doesn't look bright.

What do you think this company is actually worth (with an approved patent)? $1million...$2million. With 520million shares o/s that's only about 0.0019 - 0.0038 per share.
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mike306oh

10/29/10 1:24 PM

#4256 RE: maybe_this_time #4254

Energy prices will continuously go up, no doubt about it, despite the small temporary artificial declines prompted by the oil companies and politics. However, w/o subsidies any solar energy system (PV & wind turbines) have a hard time making a large enough splash into the global energy supply. And, unfortunatelly, the governments talk about the issue only b4 the elections, and forget all about it thereafter. Hence, start up companies in the renewables have a hard time finding a decent line of funding, and it's near impossible for them to borrow money under any conditions if they already have a large debt such as HLXW has.

Mike
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Re: Energy prices have to go much higher, or government subsidies much greater for ordinary households to get really intereset in putting solar panels and/or a small wind turbine on thier roofs.