I wanted to post this from IHUB before it is removed...Once again it just proves how deranged people are over there...
Phenix gets called out and has no clue wtf he is talking about...
He contradicts himself..multiple times.....and will never admit he is wrong or clueless about things....
Butternut Crinklefry Sunday, 05/30/21 09:25:11 PM
Re: PhenixBleu post# 201295 0
Post #
201297
of 201320
Ok, I see. I would just like to make a few points here ...
Quote:
Wow...I am not supporting Turner or Kirkland individually. I want this company in the hands of people that can, and want to, fulfill the mission of helping people with difficult-to-treat conditions.
This is where I have a problem.
You ARE supporting Kirkland. How can you sit there and deny that? Be honest.
You don't write the things you write and say you don't support him individually (which doesn't make sense). You do support Kirkland/DGF. Look over your post's about Turner and Kirkland. Look over this post that you just wrote me!
The other problem is, DGF/Kirkland are not in the business of developing businesses. They are "dumpers". They own a significant amount of shares that they want to get rid of. How does that help shareholders? How does that help grow a business? It doesn't.
I don't know what your background is, but believe me, this is a toxic lender now. The proof is everywhere. You don't have claim to billions of shares and go "Boy, I want to help build a company that helps people suffering but I also want to dump my shares for profit."
We have to be realistic here. This is not normal business.
Quote:
I can see the greed on the part of Turner. I sense he has been manipulating circumstances in a way that will benefit his bank account down the road. I agree with Kirkland's claims he is trying to access the IP with his insolvency strategy.
I think this is a warped perception of Turner. We have no proof of this.
Turner has a right to file bankruptcy and we have factual evidence of massive financial strain (DGF loans). Where do you see that this company doesn't? Where do you see the financial fitness of this company that makes it not warrant a bankruptcy filing?
He is not "accessing" anything. He was/is the director. He has access already.
Quote:
The reason Kirkland's holdings are now more than Bignitz intended is because Bignitz allowed a personal legal event involving a former Director to be placed as a Triggering Event within the loan agreement. I've said it before, and I'll say it again, that is my only issue with Bignitz.
No this is wrong.
(1) DGF is a toxic lender. They were before this and they are now.
(2) Triggering events in contracts is very normal. I suggest you look at other loans. All banks (reputable) have these clauses in them.
Quote:
Does the fact that the Director was eventually charged with a personal crime that caused the Triggering Event make Kirkland a toxic lender? I say "no" to that question. Bignitz and the Director are responsible for the conversions. They're gone now.
These kinds of loans are most often toxic. They are not toxic IF the loans are paid back within 180 days. After that, 99 percent of companies can not get ouQuote:t from underneath them.
I agree with the fact that Bignitz and the Director are responsible - but for signing the loan.
Quote:
The Director should have offered to step down BEFORE the finance agreement was signed to ensure he had no ability to impact the company negatively.
Why would a director step down? It isn't just the director that that event was for. They included any top level management.
Again, these are normal clauses in contract loans. It is meant towards ANY level of high ranking officials.
Quote:
My sense is that Kirkland would be willing to cut a reasonable deal to end this mess with people not named Turner.
Turner came back and did what the courts asked of him. He offered to pay them off.
These kinds of firms and loans don't "cut deals." That's not what they are in business for.
Quote:
As for MF, he owns a company with 2.8B shares. I don't want more shares of a bloated pig stock that isn't making gains in its current form.
Huh? You don't know MF like I do I suppose. There is a reason why MF is involved here. And believe me, MF would not be jeopardizing his name. MF and Turner are already publicly attached.
But you didn't give me any resolve as to why you think MF shouldn't be trying to take control here.
It's like you have completely ignored the heart of my questions.
Quote:
Turner has put us all at risk for a suspension by not reporting financials. He had the money to do so and was Ordered by the SDNY Court to produce a report. He also is allowing a Patent Grant to be abandoned by not paying the fees. He hasn't communicated with shareholders since the December 8-K announcing an insolvency claim. Rumor has it that claim was rejected and another one was filed. Where's the 8-K to back those rumors? Is he, or isn't he, responsible for shareholder communications? Five months of silence is not okay.
Turner knows what he is doing. I know what he is doing. There is no reasoning to put out financials when the company is done.
There is no rumor. I have all the documents from third parties. Nothing to do with Turner.
It is only a rumor to you. Everyone else I know has all the information and is just happy. I have an extensive network.
There is no reason to put out 8-ks saying that the insolvency was canceled and needed to be refiled.
One 8-k stating that the company is going through insolvency is all there needs to be.
Quote:
I don't understand why anyone wants Turner involved.
And there you go! Your first comment to me was "I am not supporting Turner or Kirkland individually." Here you are asking why anyone would want Turner involved!
How weird?
Turner wouldn't be calling the shots. MF would. It would be his company.
Phenix gets called out and has no clue wtf he is talking about...
He contradicts himself..multiple times.....and will never admit he is wrong or clueless about things....
Butternut Crinklefry Sunday, 05/30/21 09:25:11 PM
Re: PhenixBleu post# 201295 0
Post #
201297
of 201320
Ok, I see. I would just like to make a few points here ...
Quote:
Wow...I am not supporting Turner or Kirkland individually. I want this company in the hands of people that can, and want to, fulfill the mission of helping people with difficult-to-treat conditions.
This is where I have a problem.
You ARE supporting Kirkland. How can you sit there and deny that? Be honest.
You don't write the things you write and say you don't support him individually (which doesn't make sense). You do support Kirkland/DGF. Look over your post's about Turner and Kirkland. Look over this post that you just wrote me!
The other problem is, DGF/Kirkland are not in the business of developing businesses. They are "dumpers". They own a significant amount of shares that they want to get rid of. How does that help shareholders? How does that help grow a business? It doesn't.
I don't know what your background is, but believe me, this is a toxic lender now. The proof is everywhere. You don't have claim to billions of shares and go "Boy, I want to help build a company that helps people suffering but I also want to dump my shares for profit."
We have to be realistic here. This is not normal business.
Quote:
I can see the greed on the part of Turner. I sense he has been manipulating circumstances in a way that will benefit his bank account down the road. I agree with Kirkland's claims he is trying to access the IP with his insolvency strategy.
I think this is a warped perception of Turner. We have no proof of this.
Turner has a right to file bankruptcy and we have factual evidence of massive financial strain (DGF loans). Where do you see that this company doesn't? Where do you see the financial fitness of this company that makes it not warrant a bankruptcy filing?
He is not "accessing" anything. He was/is the director. He has access already.
Quote:
The reason Kirkland's holdings are now more than Bignitz intended is because Bignitz allowed a personal legal event involving a former Director to be placed as a Triggering Event within the loan agreement. I've said it before, and I'll say it again, that is my only issue with Bignitz.
No this is wrong.
(1) DGF is a toxic lender. They were before this and they are now.
(2) Triggering events in contracts is very normal. I suggest you look at other loans. All banks (reputable) have these clauses in them.
Quote:
Does the fact that the Director was eventually charged with a personal crime that caused the Triggering Event make Kirkland a toxic lender? I say "no" to that question. Bignitz and the Director are responsible for the conversions. They're gone now.
These kinds of loans are most often toxic. They are not toxic IF the loans are paid back within 180 days. After that, 99 percent of companies can not get ouQuote:t from underneath them.
I agree with the fact that Bignitz and the Director are responsible - but for signing the loan.
Quote:
The Director should have offered to step down BEFORE the finance agreement was signed to ensure he had no ability to impact the company negatively.
Why would a director step down? It isn't just the director that that event was for. They included any top level management.
Again, these are normal clauses in contract loans. It is meant towards ANY level of high ranking officials.
Quote:
My sense is that Kirkland would be willing to cut a reasonable deal to end this mess with people not named Turner.
Turner came back and did what the courts asked of him. He offered to pay them off.
These kinds of firms and loans don't "cut deals." That's not what they are in business for.
Quote:
As for MF, he owns a company with 2.8B shares. I don't want more shares of a bloated pig stock that isn't making gains in its current form.
Huh? You don't know MF like I do I suppose. There is a reason why MF is involved here. And believe me, MF would not be jeopardizing his name. MF and Turner are already publicly attached.
But you didn't give me any resolve as to why you think MF shouldn't be trying to take control here.
It's like you have completely ignored the heart of my questions.
Quote:
Turner has put us all at risk for a suspension by not reporting financials. He had the money to do so and was Ordered by the SDNY Court to produce a report. He also is allowing a Patent Grant to be abandoned by not paying the fees. He hasn't communicated with shareholders since the December 8-K announcing an insolvency claim. Rumor has it that claim was rejected and another one was filed. Where's the 8-K to back those rumors? Is he, or isn't he, responsible for shareholder communications? Five months of silence is not okay.
Turner knows what he is doing. I know what he is doing. There is no reasoning to put out financials when the company is done.
There is no rumor. I have all the documents from third parties. Nothing to do with Turner.
It is only a rumor to you. Everyone else I know has all the information and is just happy. I have an extensive network.
There is no reason to put out 8-ks saying that the insolvency was canceled and needed to be refiled.
One 8-k stating that the company is going through insolvency is all there needs to be.
Quote:
I don't understand why anyone wants Turner involved.
And there you go! Your first comment to me was "I am not supporting Turner or Kirkland individually." Here you are asking why anyone would want Turner involved!
How weird?
Turner wouldn't be calling the shots. MF would. It would be his company.
3
