Hooper Holmes Inc. (fka HPHWQ)

[ToldYaSo]

wow.... .03/share....shm....this is sad....

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just my opinions, of course!

[Myth]

Pooper still sinking.....

4 for a dollar soon !

[Myth]

This pos is trading like a sick pig.....

[downthehatch]

No new shares issued to LPC (or anyone else) between 12-31-2017 and March 30, 2018, according to the 10Q.

[Btraded]

Would you explain what/who LPC and PUMA is? This does not look good....Thanks

[downthehatch]

That's what I was told, in a phone call response from HPHW/Provant IR, after I called in April.

I am still expecting that they will announce a call shortly. I have sent another message.

[marcrd02]

i thought company was planning to do a conf call after the first quarter report.

[marcrd02]

THIS IS WHAT GOING ON, HH sell about $10k worth of shares to LPC almost every day, LPC using mm (most probably PUMA) to naked short the stock and then cover the short with the shares they buy from HPHW, whatever shares they have left they accumulate and when they accumulate enough shares, they pop the price for few days or weeks to sell at the high. they have been doing that constantly to every company that sign the agreement with them for example: TCON, IBIO, ZSAN, AVIV etc..

what i dont understand is, does the company that sign an agreement with LPC understand that their share price is going for a wild ride down? if they dont know, does management wonder why will a company commit to buy our crappy shares every time i tell them to? it makes no sense unless you understand that LPC already have a plan to manipulate the stock so they maximize their profit either way, and always on the shareholder's back.

[Myth]

All these positive developments since the r/s, and including the r/s and the stock is in free fall..

another r/s will be coming...

[downthehatch]

Forebearance agreement described in the 8K filed today is a positive development.
Shows lenders believe the company can operate and pay bills-- and has value as a merger or takeover candidate.

for me, at least, it makes no sense to sell here. I am going to hope the restructuring officer manages to turn this thing around.

[Myth]

bid's @ .03....

look out below !!!!

[Myth]

Hello Nickel !!!

what a pos....

[Myth]

Still dropping like birdshit from the sky....

Nickel will be here soon, then copper !!

[downthehatch]

The newly named "restructuring officer," has a history of taking companies that were struggling, and turning them in to profitable entities, without resorting to bankruptcy, or other drastic measures. I think the price reflects worst case scenario, and we should get positive news with Q1 results in a couple weeks. I too have a bunch, and it has been painful!

[Mdragonpkf]

This is depressing... I have like 100k shares. Is there any hope left?

[downthehatch]

8K filed:
CEO Henry DuBois leaving May 27.

https://hooperholmesinc.gcs-web.com/node/13871/html

Given the inability of the company to achieve profitable operations under DuBois, I think this should be seen as a positive development.

[downthehatch]

I got a call back from the Provant Health information officer today, and he told me that because of the need to issue the restated 10Q's from 2017, that were filed just prior to the 10K, and the crunch that caused with the 10K, they were unable to hold a conference call as originally intended.

He suggested that the Q1 10Q was due soon, and that a CC was planned at that time.

He also said that he speaks with Mr. Fleet on a daily basis, and that Fleet is a very hands-on guy. While he could not say much about what is going on, I got the distinct impression that all are working hard to get the company to profitability.

He apologized for taking so long to call back, and was open to answering questions to the extent he was able to consistent with SEC limitations.

[Myth]

Real nice volume here today.....

Pooper being flushed !!

[ToldYaSo]

Toxic financing....yes, certainly possible....small companies with weak management get caught up in this debt spiral quite often....of course, it could also be very callous management looking to squeeze the last bit of personal profit out of a once respected 100 year brand name before pushing the flush lever.....after watching the actions of this company over the past couple of years or so, I'm inclined to go with the latter.

glta!

*****************************************************************
just my opinions, of course

[marcrd02]

i actually have a theory for what is going on. since i read in one of the filing that management would like to convert some of the debt to SWK into equity, Swk employed a naked short manipulators to slash the price in order to maximize number of shares they can get for the debt. this is very common practice when companies take conversion financing. if no floor is set for the conversion, price can keep falling for months (example DCTH).

[marcrd02]

thank you, i hope the reply

[downthehatch]

I've sent IR a note concerning the lack of a CC announcement. Will let you know what they say.

[Myth]

Pooper still on the slide !

where's the bottom ??

[marcrd02]

interesting that company has not held any earnings conference call as they usually do. they just dump the earning report! taking the price action since the earning published, i am certain that company knew that price is going to drop and THEY KNOW WHO IS DROPPING THE PRICE AND FOR WHAT PROPOSE. institutions that want to sell rather than just drop the price will not keep showing those big asks, they know that showing a big ask block will cause retail to sell not to buy shares. they have used the big ask blocks to trail price and pressure it down.

[Myth]

Who cares ?

The co is dead, although bk might not be coming enough pain will be seen by shareholders.

When's the next r/s ?

Pooper Holmes is about to be flushed....

[downthehatch]

For those interested in DD, here's a very interesting article on why bankruptcy is a very unlikely option for HPHW at this point.

James Fleet article on turnaround options

The stock is trading as though bankruptcy is coming, and that makes the price attractive, as BK is not likely while Mr. Fleet is working on the case.

[Myth]

Houdini couldn't fix this train wreck....

They need another r/s !!

[Myth]

LOL.....

.075 was hit, it's downhill from here on...

Pooper is where good money comes to die....sad, but true !

[downthehatch]

Way oversold here.

The guy appointed restructuring officer has a great record of restoring companies to profitability.


Here his page: http://www.phoenixmanagement.com/meet-our-team/james-e-fleet

[Myth]

You could ski on this chart.....

Pooper imploding...

[Myth]

They are probably ave down like fools.....

Reminds me of that " don't catch a falling knife " thingy....

this co is garbage...

[marcrd02]

yes the 10k was not good but what puzzle me is that all the current investors has increased their holdings last quarter. PAPPAJOHN JOHN added 400k shares, BARD ASSOCIATES added 30k, PERRITT CAPITAL added 380k,Brio Capital added 300k shares and WH-HH added about 1m shares in the last. any idea why they would do that?

[Myth]

I would even be careful at that level....this co is going no where fast....

The Company was not able to make its March 15, 2018, payment to SWK due under the A&R Credit Agreement; therefore, the Company is in default with SWK and, due to the cross-default clause with CNH, was also in default on the 2016 Credit and Security Agreement. In addition, the Company's Subordinated Promissory Note owed to Century is subject to acceleration in the event SWK or CNH were to accelerate the Company's obligations under the A&R Credit Agreement and 2016 Credit and Security Agreement. Due to the covenant violations, events of default, and the substantial doubt about the Company's ability to continue as a going concern, all debt has been classified as short-term on the consolidated balance sheet as of December 31, 2017.

The 10k is pathetic....

[downthehatch]

Q4 is included in 10K

That's the way its done--- companies don't report Q4 separately from the Annual Report.

[marcrd02]

why company has not posted Q4. since they posted the yearly report its obvious they have Q4 data. in addition there has been no comment from management on the 2017 filing or on expectation for 2018. something looks very fishy, i think they are holding off while institutions derailing price.

[marcrd02]

lol... already delisted and moved to otc and dilution is a given based on their agreement with Lincoln park

[willlbone]

There 10-K was bleak. Dilution and delisting likely.

[Myth]

Pooper Holmes doing the electric slide !

[willlbone]

Wait for 10 cents then buy.

[Myth]

where's that quarter ???

[Myth]

4 for a dollar sale here soon....

[Myth]

https://www.sec.gov/Archives/edgar/data/741815/000074181518000020/form12b-25nt10xkhooperholm.htm


so sad.....

[ToldYaSo]

Oh, we know where she stops....a reverse split....and it won't take many more days like this one to make it happen!

Folks--if you absolutely MUST flush your cash down the drain, then just give it to me, and get that warm, fuzzy feeling you get when you help someone out!

glta!

*****************************************************************
just my opinions, of course!

[Myth]

Down she goes....

where she stops, nobody knows !!!

[Myth]

with the stock headed below .40 soon, I won't have to.

He'll get another brain storm all on his own !

[downthehatch]

Maybe you should call the CEO with that suggestion.

[Myth]

Pooper Holmes still spinning it's wheels....

going nowhere at record speed....

Maybe they should try another r/s, I hear the second time is the charm...

[Myth]

Time to take this doggie to the vet.....

what a pos...

[downthehatch]

Would be nice if HPHW posted their 10K early this year, as they did in 2017. In previous years, they appear to have filed it around the end of March, however, so I won't hold my breath for an early filing.

Should be a good one, showing the continuing trend of higher revenue.

[Myth]

Volume much better today.....212 !