Health Discovery Corporation (CE) (HDVY) ニュース

"Besides, a definitive material event like that would necessitate another 8 K filing."

LOL. Like another of the patent trolls you follow, HDVY only issues "8-K"s for events they think can be construed positively.

Otherwise they completely ignore any reporting requirements.

To be fair as they're on the "expert" market they don't worry about niceties like the law:

"This security is traded on the Expert Market

The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting."

LocWolf, you are certainly right about having a sense of humor. It can be therapeutic as it helps us cope with difficult situations when we are at a loss for answers. I do not believe that Alan has "left the building" as they say. Besides, a definitive material event like that would necessitate another 8 K filing. I think it is safe to assume that he is at work trying to make things happen that would bring value to shareholders, of which he is one. I would love to be a fly on the wall in his office, and eavesdrop on his conversations. It might be very interesting and possibly exciting. Like everyone else here, I am getting antsy for some kind of news, I must admit.
Be well! Chazzy1

Hey there Charles...I'm sure you may have seen what I'm about to say elsewhere within the internet with these penny stocks. From as recent as 1 year ago at most I read where an attorney can sign a letter referencing company compliance. Now of course I'm sure there must be a tad more than that but all in all when in hell has HDC ever been straight forward for any length of time. For all we know our most recent CEO - Alan might be long gone already so I doubt HDC would even whisper a word or take a chance to sneeze.

What the hell gotta have some damn humor involving HDC

Well said, ou71764, and I agree with your thoughts. There are people with more at stake in this investment than me, and the guy at the helm knows a lot more about HDC's technology than me, so there is little I can do except just sit back and enjoy the ride. But you are 100% correct in that HDC's top priority should be to bring the company into full compliance with the SEC, so that HDVY is relisted for retail trading ASAP.

Hey loc total abuse to shareholders for sure.

Hi LocWolf, clearly it's a long shot that we'll see a big payoff. Or any payoff. But whatever the plan is, filing paperwork with the state of Georgia isn't going to be the priority. Getting financials updated with the SEC is far and away more important. My argument isn't that I know what's going on behind the scenes. I'm suggesting that there was a reason our new CEO was pursued and that he accepted the position. So I was just tossing in a bit of optimism that while we're all frustrated that we haven't heard anything, we should give it a little more time, given that we shareholders have suffered through long stretches without news before.

Karma?
https://www.tomshardware.com/tech-industry/intel-ceo-is-frustrated-with-chips-act-payout-progress-intel-has-received-usd0-from-the-usd8-5-billion-that-the-us-government-promised

Hello ou71784....nice thought but I see nothing new filed with the Georgia State office recognizing our new CEO to start with.

I know we would like to at least even break even but I feel our chance are slim to none however how many time have I been wrong.

I just keep on asking myself as a business man why would I deal with HDC in the first place then secondly, why would I need to even think of licensing any patents when the "Holy Grail" patent exhausts itself next June or July?

We went months with no news, then out of the blue, we had a new CEO. So not having news since then, doesn't mean we won't get good news. I'm not guaranteeing that anything good will happen, but "something" is going on behind the scenes. Whether it pays off for shareholders remains to be seen. But I am "cautiously optimistic."

George would HAVE been surprised this scam could last so long, even with its illiterate marks.

Still nothing, George would of been disgusted with this Intel settlement and how long it’s taking to get crap done

Got an alert that was published by this pay site to the following article. Not sure of it's contents
https://www.law360.com/articles/1884194/defending-ai-machine-learning-patents-in-life-sciences

It was always obvious that HDVY, like its sister patent troll scam VPLM, was doomed from the get-go from the paid pimps (the most notorious of whom has now happily shuffled off this mortal coil) who were recruited to post on these boards.

“I may be mistaken, but I believe that this happens in cases where the judge considers the lawsuit to have been frivolous.“

You already know you’re not wrong, because that happened several times with VPLM who have been ordered to cover the defendants’ costs in several of their absurd patent troll cases recently.

“ HDC has not seen the stars line up like this since the days of Dr. Barnhill.”

And look how well that ended. LOL.

Like most folk involved with HDVY Barnhill is a greedy grifter out for himself.

LocWolf, once the stock takes off, your wife should let you keep enough of it to have another run at another spec. Just be sure to pocket some profits so that your wife will be happy.

You got me laughing and crying as the same time 😉

Thank you, everyone, for the latest updates. The lawsuit was a shackle that we've now tossed aside. LocWolf, once the stock takes off, your wife should let you keep enough of it to have another run at another spec. Just be sure to pocket some profits so that your wife will be happy.

Maybe this Venwest case was the last obstacle to get past before getting stock to trade again

Excellent Good Sport....sure sounds good, do somewhat wonder why Alan didn't sign the 8-K but then again Colleen has had plenty of stress and responsibilities to deal with so....with her signature, she may feel much better and of course her Dad would be very proud of her to have stayed the course through all this so I must say Thank you very much Colleen Hutchinson

Colleen stated in 8k:

“We are gratified by the decision of the Court in this matter. Now that this matter has been resolved, the Board looks forward to focusing on the development of the Company’s technology without the unnecessary distraction and cost that this lawsuit has caused over the previous four years.”

https://www.sec.gov/ix?doc=/Archives/edgar/data/1141788/000168316824006475/health_8k.htm

8K is just out. Pretty straight forward on dismissal...

"Item 8.01 Other Events


On September 13, 2024, the United States District Court for the Northern District of Georgia granted Health Discovery Corporation’s (“HDC” or the “Company”) motion for summary judgment in full and entered judgment in favor of all defendants on all counts in the shareholder derivative lawsuit brought by Vennwest Global Technologies, Inc. (“Vennwest”). The Vennwest lawsuit, which was initially filed in September 2020, alleged misconduct by the Company and its board of directors (“Board”) in connection with approving a series of loans to HDC by certain directors and shareholders of HDC. The Vennwest lawsuit contains virtually identical claims against HDC that shareholders William Quirk and Cindy Bear had alleged, which lawsuit was also dismissed. The loans at issue were sought by the Company to allow it to meet its financial obligations in connection with litigation that was ongoing at the time. The District Court found that the loans were presented to and approved by the Board, in all respects, in compliance with Georgia’s conflicting interest transaction statutes, requiring the dismissal of all claims asserted by the plaintiff. The judgment affords HDC the recovery of its costs associated with the lawsuit (which does not include the recovery of its legal fees).



The Court’s order and judgment represent a complete refutation of these baseless claims and a total vindication of the Company’s longstanding position that these claims were entirely without merit and served only to distract the Company and deplete its resources to the detriment of its shareholders.



Board member Colleen Hutchinson stated: “We are gratified by the decision of the Court in this matter. Now that this matter has been resolved, the Board looks forward to focusing on the development of the Company’s technology without the unnecessary distraction and cost that this lawsuit has caused over the previous four years.”

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.




HEALTH DISCOVERY CORPORATION
Registrant


Dated: September 18, 2024 By: /s/ Colleen Hutchinson

Colleen Hutchinson
Board Member

LocWolf, just be thankful that you have a money-wise wife. With any luck, you may have some play money again to fool around with.

😎In looking and my memory it appear Laurie Vennwest just didn't spend enough time in this case but did try to manipulate things in several areas. I did have a few other thoughts as to delays plus losing George also might favor one side or the other but it does seem to me that for some reason I always have under estimated HDC. I do relate to internal pain watching this for all these years as my wife has the smart money I have the dumb money penny stocks. This HDC is partly the last of my ROTH and I needed this to play penny stocks as SHE WON'T GIVE ME ANY MORE MONEY to play and have fun.🤠

Yes, thanks LocWolf for posting the full version as I only gave the summary. There is another clause in the ruling which stipulates that Venning is ordered to pay the defendants' legal expenses. I may be mistaken, but I believe that this happens in cases where the judge considers the lawsuit to have been frivolous.

This court document #98 is 31 pages but I will post the conclusion of the court "prior to document 99" which has already been basically circulated.

Conclusion For the above reasons, it is ORDERED that Plaintiff’s Motion for Discovery to Reopen for the Limited Purpose of Taking Depositions (Doc. 75) is DENIED. It is
12 The Court agrees with Defendants’ argument that the third loan was not
usurious for the reasons given on page 14 of Defendants’ Reply Brief (Doc. 92).

Case 1:20-cv-03386-VMC Document 98 Filed 09/13/24 Page 30 of 31
31 FURTHER ORDERED that Defendants’ Motion for Summary Judgment
(Doc. 76) is GRANTED. It is FURTHER ORDERED that Defendants’ Motion to Strike Parts of the
Declarations of Laurie Venning and Kevin Kowbel (Doc. 93) is DENIED AS UNNECESSARY.
The Clerk is directed to enter judgment in favor of Defendants and to close the case.
SO ORDERED this 13th day of September, 2024.
_______________________________
Victoria Marie Calvert
United States District Judge
Case 1:20-cv-03386-VMC Document 98 Filed 09/13/24 Page 31 of 31

It's only Monday, so my guess would be an 8K by the end of the week (4 days after the event). Hopefully this is a pivotal moment. But I'll settle for a moment.

That's a good question, Good Sport. This should be considered a definitive material event so I would expect to see an 8-k filing, or at least an announcement from the company.

We should expect an HDC SEC filing update regarding the Vennwest "dismissal" case this week?

Thanks chazzy1.

Amen. Let's move on now 😀!

The Vennwest case against HDC has been dismissed by the Georgia judge. The plaintiff, Laurie Venning, gets nothing. This case is over and the defendants, HDC, prevail.

Excellent points, Zenos Arrow! And when you factor in those additional talents that Dr. Hauser brings to the table, HDC could realistically become the company that we all believed it had the potential to become.

>>>Yes, and when you mention that Dr. Hauser also understands our techmology, well, HDC has not seen the stars line up like this since the days of Dr. Barnhill.>>>

Barnhill didn’t have the prospecting and licensing prowess of Dr. Hauser. Barnhill was a brilliant clinical laboratorian, but his early partnerships with Quest Diagnostics and SmithKline Beecham Clinical Laboratories (late 1980s/early 1990s) were driven by the need for Barnhill Laboratories’ laboratory-developed tests – and NOT his business development skills. This was never more evident in the way he Barnhill managed the later Quest Dx and Abbott partnerships.

Yes, and when you mention that Dr. Hauser also understands our techmology, well, HDC has not seen the stars line up like this since the days of Dr. Barnhill. Let's not forget that HDC now definitively owns the exclusive rights to monetize SVM-RFE, which not even Intel can dispute.

The new CEO has a Ph.D. in Chemical and Biomolecular Engineering from the University of California, Berkeley.
Not bad !

Charles...I can't post right now but I will txt or talk at you after my next appointment is completed. THINK !!!! HDC knows about all of this. Our CEO must be a VERY BUSY MAN

Charles...I can't post right now but I will txt or talk at you after my next appointment is completed. THINK !!!! HDC knows about all of this. Our CEO must be a VERY BUSY MAN

From /HDVY Reddit board, same subject a few years ago was posted:

3 Years ago
*****************
scikit-learn

Can anyone answer why the SVM-RFE method is included in the opensource "scikit-learn" library? It seems kind of strange for a patented method to be given out freely? I heard it was also removed from scikit-learn at some point in the last year or so? Who added it in the first place?

*****************
The answer is in the comments over there...

Yes, that is a very good point, Alan. It was obviously listed as open source in error, however, it is the responsibility of HDC to force them to remove the listing. I am 99.999% sure that the Board of HDC is not aware of this. Thank you for calling it to everyone's attention!
BTW, could you provide the link which shows SVM-RFE to be open source? This would be most helpful in bringing this oversight/error to the Board's attention. Thanks!

The original Intel lawsuit specifically mentioned Scikit learn (an open source library) and the algorithm was quickly removed from that library. It is really up to HDVY to protect their IP. Having it publicly listed as open source and free to use is not a great way to protect that IP. It is up to them to fix this, and future lawsuits might be problematic for them because of this very public misinformation.
Alan

I don't have to bring it up with anyone. I showed the link. I would suggest that you need to bring it up with the site that is putting out misinformation.
Reference patent number: US10402685B2

You will have to bring that up with both google and copilot
Alan

That is incorrect information, Alan. SVM-RFE is NOT open source.
The patent status is listed as "active", and the adjusted expiration date is listed as 6/27/2025.
Here is the link:
https://patents.google.com/patent/US10402685B2/en

I just asked copilot about open source versus royalty payment machine learning algorithms:
copilot claims scikit-learn, tensorflow, pytorch, xgboost, lightgbm, and Keras are all open source (free to use) while SAS, Matlab, and IBM Watson require a royalty payment. I then specifically asked it about SVM-RFE and it said it is available as open source :-/

I'd love to see some input and thoughts from other members here. We have 129 on this message board and only around a dozen or so posters at best.

We must be missing something were not even thinking about.

LocWolf, as a non-member, you should still be able to read the conversations on yahoo, although you would be ineligible to post. During those occasions when I was signed out, I could still read the posts, so I have no explanation as to why you would experience this issue.

OT, Charles I am not a member on yahoo and haven't been for at least 15 years. In recent months I was able to see the conversations in the HDC thread over on Yahoo. I gather Yahoo has closed that door to non Yahoo members or those that don't have an email address with them? Do you know if this is true as I can't see the conversations on any stocks on Yahoo....tia

Thanks LocWolf for a very good post! I agree with you.

I sincerely don't expect mountains of glory but let me say I sure would like to know did Colleen and Ed open up a telephone book, look up to the ceiling and randomly point to Alan to be our next CEO? I think not. This might get interesting but our history says differently but we have no choice but to do what we do best and that is wait, wait and more wait as we are professional waiters.

I must say Colleen & Ed (in my thoughts!) did not need to produce the 8-k in regards to Alan so I tend to lean toward the idea that HDC has attorney representation in several areas including OTC/SEC and Georgia Corporations office.

So at any rate time has actually been on our side has it not? sure it sucks but I must stay until the curtain on this stage finally closes.

Buylow2, if it's any consolation to you, I don't like how long this is taking either. However, it is what it is. Do you think that Dr. Hauser is intentionally slow walking the super K submission to the SEC, and the monetization process? No, I think that his incentive is to get this done as soon as possible. To those of us who are unfamiliar with the process, this may seem to be proceeding at a snail's pace when, in actuality, it may be proceeding as fast as possible. Being on the outside looking in, we just don't know what all may be involved in this process.