Don't look for a reason why Quirk and Bear would w
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Posted On: 03/07/2020 11:59:48 AM
Don't look for a reason why Quirk and Bear would want the 10-K filing to be missed but rather what damage may be cause if HDC should miss the March filing. Will shareholders be happy if HDC defaults? We need that 10-k before any shareholder meeting so we may be better informed of company involvement and actions prior January 1, 2020. The company shareholder meeting is long overdue but first things first, we need that 10-k to be produced to move forward.
You can see, and regardless of who the plaintiffs are that the Preliminary injunction hearing set for March 27 could provide the same results as the Emergency motion involving restraints however the plaintiffs pushed their emergency agenda not, just in Dekalb County court but a second time in Fulton County and Judge Dunaway Denied their emergency order. Look, the plaintiffs probably knew full well that the success of the emergency motions would not hold yet they still pushed it. Let me be clear the Judge would also look at what harm the emergency order would cause the shareholder by the emergency motion and what harm HDC could do in short term. This is one of the reasons to deny the plaintiffs request. Other areas pushed against Georgia law but do know the Judge did not feel granting their motion was not justified. Judge Dunaway seen no reasonable harm allowing HDC to continue business at this time and do know the plaintiffs (outside of court) are not going to take a chance to hinder HDC at this present time as that would be a foolish game.
Ok, now what all has transpired involving the court system to date is behind both parties, as I see things. I do hope the Judge will recall only his motion that denied the emergency order but believe me the Preliminary Injunction Hearing coming is no walk in the park however, won’t affect any 10-K.
So the next discussion might be? Will there be some type of agreement between the parties before the Judge renders denial or proceed to trial?
As you question is there a possibility of someone lurking in the background that may be financing pressure against Health Discovery Corporation?
So, technically the emergency order slapped the Plaintiffs twice now but the real court sessions have not even come to mind yet.
You can see, and regardless of who the plaintiffs are that the Preliminary injunction hearing set for March 27 could provide the same results as the Emergency motion involving restraints however the plaintiffs pushed their emergency agenda not, just in Dekalb County court but a second time in Fulton County and Judge Dunaway Denied their emergency order. Look, the plaintiffs probably knew full well that the success of the emergency motions would not hold yet they still pushed it. Let me be clear the Judge would also look at what harm the emergency order would cause the shareholder by the emergency motion and what harm HDC could do in short term. This is one of the reasons to deny the plaintiffs request. Other areas pushed against Georgia law but do know the Judge did not feel granting their motion was not justified. Judge Dunaway seen no reasonable harm allowing HDC to continue business at this time and do know the plaintiffs (outside of court) are not going to take a chance to hinder HDC at this present time as that would be a foolish game.
Ok, now what all has transpired involving the court system to date is behind both parties, as I see things. I do hope the Judge will recall only his motion that denied the emergency order but believe me the Preliminary Injunction Hearing coming is no walk in the park however, won’t affect any 10-K.
So the next discussion might be? Will there be some type of agreement between the parties before the Judge renders denial or proceed to trial?
As you question is there a possibility of someone lurking in the background that may be financing pressure against Health Discovery Corporation?
So, technically the emergency order slapped the Plaintiffs twice now but the real court sessions have not even come to mind yet.
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