DubV
3 days ago
This "experiment" has ZERO chances of doing anything. If it is sold as a shell, then shares would be even more diluted. Just look at how many shares exist. That has the potential to double. What does that do to your PPS? Makes it worth even less than it is now. Don't give them any more money. They have moved on. Their efforts are now being focused on Dark Alpha Capital. I see someone caught my offloading of my first dump of 1MM shares the other day. I have a couple million more that I'll be doing the same with. Going to drop all before end of fiscal year to write it off. I've told you all before, I was probably one of the longest holders around being a HENC employee and grabbing shares at that point(For context, I was buying shares at 0.50 at that time). This was never a real company from the point where it was broken away from Holloman Holdings. We had some challenges with the PNG exploration, but we were truly working. In the end, it didn't pan out but that's part of the Oil and gas world. You miss more than you hit. That's why there's so much money in it based on "risk". It's really unfortunate what has happened here. There was so much potential, but watching Gina get pushed out by Collin and offered the opportunity to take HENC with her. Man was that a mistake. She was blinded by many things, but this was a tale of making a bad situation worse. I should have dumped then.
I recommend that everyone do the same thing as CH. Sell before it's worth $0.00 and write it off. Don't let your ego get in the way. It will never be worth the pain. I've lost lots of money and made lots of money in these markets. This will go down as one of my biggest mistakes and I'm not afraid to admit that. Best of luck to all of you and again, DON'T GIVE THEM ANOTHER PENNY. I FORBID YOU!
HTIR
4 weeks ago
My pleasure WM. You have my number, always welcome to use it. It was a bummer that we couldnt punch it over the goal line for you and the others. The number of video calls, documents worked on, conversations had, I just thought that we would be able to make some form of traction to get the locomotive moving. In all seriousness, give me call sometime and we can chat..
HTIR
4 weeks ago
beg to differ brother.. With all due respect, you never tried to engage in mutual conversation.. I answered all questions, took phone calls, give open, transparent information. You may not have liked the answers, but theres nothing i could do about that.. A "voice" on the message board? I was way more than that. I openly put myself out there and took on all arrows fired in my direction.. Winemaker took me up on the offer on multiple occasions, i will let him speak on my behalf if he so wishes.. At the end of the day, the concept/shift of what HENC (Destiny) was trying to do was very much legit. Unfortunately, its extremely difficult to raise capital in an environment of rising int rates, rising inflation, but more importantly, raising capital for a company with zero assets.. If there was a piece of software, some form of sales, or just an inkling of light at the end of the tunnel, then and only then was there a glimmer of hope of raising $2-$5 million to get a small company or 2 under the belt and then try to build off that.. But again, when there is nothing on the table, 600,000,0000 shares outstanding, what PE firm, mezzanine firm or vulture firm going to put $$$ behind a "concept".. The game was going to be like starting from a 48-0 score and your getting the ball for the first time with 2 min left on the clock..
But again, just my opinion.. You seem to disagree. And thats ok. You invested money in the company and are irked at staring at a wipeout. I get it.. Been there too..
HTIR
2 months ago
That in reality is about the only thing left to salvage anything. However, once the shell is sold, y'all realize a split is coming that will wipe out the common. Talking 80-90% destruction. Thats what i would do.. So think about this, 600,000,000 shares o/s right now. They just raised $48,000, at probably $.0025 per share. 19,200,000 shares just got created. Imagine what $250,000 raised would do? I have reached out to Destiny just to check in but have not recvd a reply. For your sanity, just chalk it up as a tax loss for this year and focus on other investments and their performance. I have 3 new stocks I am stalking for initial entry.
HTIR
2 months ago
Appreciate the kind words from y'all. Yeah, unfortunately, it just was a situation that had a 1% chance of surviving and my nature is to go after that 1%. What fun is it to only chase the sure things? Like I said, no bad feelings, no harsh words, just a situation that was pretty much doomed from the beginning but the group that came together were a good group of people, but, we couldnt get the engine started.
I may just hang around and check in on y'all to see how its go.. As well, feel free to hit me up on any other questions regarding stocks, etc. I actually dig talking about this sh$t !!
HTIR
2 months ago
All
Sorry for the perceived silent treatment. Been away and came back to check in. Yes, I am not with HENC anymore. Nothing scandalous, no ill-will on anyone's part. The fact of the matter is that HENC just didnt have the ability to raise capital to close on any deals. The cap table structure is so out of whack that the only potential solution was thru a MASSIVE reverse split that basically wipes out the common shareholders, literally leaving you with about 5% of the shares and only then was there an outside shot. Unfortunately, the lack of cash on hand, any type of a business to which generate any type of cashflow just isnt there and probably wont be. The value of the company is only the cash value of the shell.
I met some really nice people, everyone worked well together, but at the end of the day, investors, private equity, mezzanine financiers wont put a dollar into a company with nothing. I knew the cap table was a major hurdle. We had conversations with potential lenders, but, it just wasnt going to happen.
Again, no ill will on anyone's part...
And no, i didnt get paid a single dime, not a single share of stock. I am only out my time and efforts. But, that goes with the game.
I really wanted to see things turn out differently because i thoroughly love the business of dealing with you shareholders. Unfortunately, this one isnt going to work out.
So, i just went back to working on my personal stuff and continue to scan the screens for new stock set-ups..