My PPS prediction is an easy move to .002+ on upcoming news items. With the 2nd production run coming in the first week of August (not this week but next) along with continued news items, I can conservatively see .0035-.005 with a move towards .008 on strong interest and market sentiment as the cards are revealed each successive week. Anyone who knows me knows I am pretty conservative with my PPS predictions.
The catalyst will be the confidence in knowing this company is for the first time operating on real facts and hard news, with building a brand in mind, rather than selling shares as the goal.
With the announcement by the CEO last week that she has filed to reduce the AS in order to rid the company of any shares that could be used for dilution, this company has paved the way for confidence and a comfort level in buying shares.
They have told us there will be no reverse split, and now they are removing any shares in the AS that could be used to dilute. That message from HFBG is unheard of in the pinksheets, so, one can buy with confidence and comfort knowing that once this stock clears the .001 hurdle, it is smooth sailing like a well-oiled machine.
The cries errr lies of a growing float are about to be proven impossible with the proof coming that the AS has been reduced.
You can't add to the float if there are no shares to add to the float.
There are 6.198 B shares out there that matter. Brad was given 500 M shares that can not be traded anytime soon, so while that brings the share count up to 6.6 B... The AS is about to be reduced by 1 B so the AS and OS will match and the structure will be maxed with nothing new hitting the market. We all know stocks that have done just fine on 6.1B shares!!
Expect proof of the filing this week and hopefully a sweet nugget or two with it that will make some look a bit foolish for not giving JAG a chance. Just a hunch!! All of this is of course in my opinion.
