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There is a 1 X 500 r/s pending
too though
unreal
MK
Also see quite a few promoters pushing hard on this today
Do you know why? Thanks
must be a massive short covering going on at the moment
Wow! I was just alerted to this stock this morning. Heard they had a reverse split a couple of months ago though. But wow, too bad I have no money to trade with right now. =0(
This would have been a good play for a day or two.
pretty sick GAP here , up 600% pre market , wow.
Anyone recall closing share price 6/27/12?
Yeah right. This thing has been a POS from the beginning.
Did the R/S info help you see the ignorance of your post? LOL!!!
I just don't see what they have going so far being a $5/share stock. Further, unless you own only at the lowest pps I don't ever see making up the difference. Say you are at a cost average of 2 cents per share, the $5 price would need to move to $10 to break even. Not gonna happen in my lifetime and this economy. I was hoping Tom McM would make this work to maximize the share price as he owns a lot and is no spring chicken. Maybe cash out for his final retirement lottery win (at a good share price). I feel like we are going to loose big time on this reverse split though. Lost a lot of respect with this decision.
Now if he can get the price up to say 10 cents prior to the split that would be a reasonable plan. Don't see that happening either.
Soooo, could someone please educate me please regarding this reverse split. It it wise, finacially of course, or even still possible to sell your shares b-4 the split or just hold and hope like the past few years. I have 100K shares at .10 =10K$$ Been sitting on this for years obviously.
And a new name, "Timios National Corporation"
http://secfilings.com/searchresultswide.aspx?link=1&filingid=8675401
That sucks, but here is something that very seldom accompanies a R/S:
500 to 1 reverse split
http://secfilings.com/searchresultswide.aspx?link=1&filingid=8675401
everytime u post the bid swells up. hmmmmm!
It's called ignorance. Otherwise there would never be a share sold.
giddy up!!!Maybe co is trying to draw attention.
this is thin to .10
I'm hopeful that if Homs can continue building there new business model we should see a good return in our investments.
As stated in previous posts, the debt obligation to YA Global is the anchor that weighs down on the company and ultimately on any significant appreciation of the share price. After listening to the conference call I got the impression that we should know a lot more about the debt situation towards the end of June.
The company should do fine if revenue becomes sufficient to pay their debt obligation to YA Global. If the debt issue is resolved without a large diluton of shares, In my opinion we may see a steady increase in value over the next 6 to 12 months.
http://stockcharts.com/c-sc/sc?s=HOMS&p=D&b=5&g=0&i=0&r=1337100234349
http://stockcharts.com/c-sc/sc?s=HOMS&p=W&b=5&g=0&i=t82463248553&r=1337100272290
above the 50 and 200 on the daily very bullish.
the weekly 200 is at .061. use to trade above .15
Im confident their new business approach will get this back up to a dollar, good luck to those that picked up cheapies
it would be smart to load up before the cc call. Their sub Timios
is prob gonna bank with this market. The next few quarters are going to see explosive rev growth. it was smart to change business model w a few hiccups.
ARLINGTON, Va., May 14, 2012 (BUSINESS WIRE) -- Homeland Security Capital Corporation (HOMS), a national provider of real estate services to banks, financial institutions and mortgage lenders reported its first quarter financial results in its Form 10Q, filed May 11, 2012, for the three month period ended March 31, 2012.
Revenue generated by our current subsidiaries for the three months ended March 31, 2012 was $4.9 million as compared to $3.0 million, for these companies, for the three months ended March 31, 2011, prior to our acquisition of these companies. Gross profit for the three months ended March 31, 2012 was $970,318 as compared to $1.1 million for the same period of 2011. Net loss for the three months ended March 31, 2012 was $118,858 or $0.00 per share, after giving effect to non-controlling interests and preferred stock beneficial conversion features. EBITDA for the three months ended March 31, 2012 was $50,516.
At March 31, 2012 there were 55,159,022 common shares in issue, 51,588,591 common shares outstanding and 3,570,431 common shares held in treasury.
C. Thomas McMillen, HOMS Chairman and CEO, stated, "We have made a very positive start for the first quarter with only our new subsidiaries. Starting off with an annualized run rate of $20 million in revenues has exceeded our initial projections." McMillen continued, "We need to generate additional business in our asset management and appraisal subsidiaries in 2012, both of which offer high margins on the services they perform."
The Company consolidates the results of its 80% owned subsidiary Fiducia Real Estate Services, Inc., which owns 100% of Timios, Inc., Timios Appraisal Management, Inc. and Default Servicing USA, Inc.
Conference Call and Webcast
The Company will host an earnings conference call at 4:00 p.m. EDT on Wednesday, May 16, 2012. During the call, C. Thomas McMillen, Chairman and Chief Executive Officer, Michael T. Brigante, Chief Financial Officer and Trevor Stoffer, Chief Executive Officer of Timios, Inc. will discuss the Company's performance, financial results and operations. The telephone number for the conference call is 877-407-0778 (Toll Free US); and 201-689-8565 (International). A live webcast of the call will also be available on the Company's website, . Investors can also access the webcast at .
The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling 1-877-660-6853 (Replay Toll Free US) 1-201-612-7415 (Replay International), account # 286, conference ID # 394468. The encore recording will be available after the conference call has concluded.
About Homeland Security Capital Corporation
Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of real estate service businesses. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company.
Homeland Security Capital Corporation operates businesses that provide real estate products and service solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on growth opportunities.
Homeland Security Capital Corporation's portfolio of companies includes:
Fiducia Real Estate Services, Inc. ("FRES") is a holding company that provides real estate products and services through its three wholly-owned subsidiaries: Timios, Inc. Timios Appraisal Management, Inc. and Default Servicing USA, Inc.
Timios, Inc. ("Timios") is a national title and escrow company licensed to conduct business in forty states and the District of Columbia. The company provides various products and services to banks, direct mortgage companies and mortgage servicing companies through utilizing advanced technology in a paperless operating system. For more information about Timios, please visit .
Timios Appraisal Management, Inc. ("TAM") is a national appraisal management company providing property valuation services to banks, mortgage companies, portfolio managers and investors. TAM manages a national network of appraisers and utilizes advanced technology to deliver quality controlled products in a paperless environment. For more information about TAM, please visit .
Default Servicing USA, Inc. ("DSUSA") is national asset management company providing a full range of services in the real estate owned (REO) industry to banks, financial institutions, investors and mortgage companies. DSUSA manages the disposition of REO properties from eviction to closing of the sale, ensuring the highest return on value through utilizing advanced technology in a paperless environment. For more information about DSUSA, please visit .
For more information about Homeland Security Capital Corporation, visit .
Forward-Looking Statement
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although HOMS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
SOURCE: Homeland Security Capital Corporation
Homeland Security Capital Corporation Sarra Reyes, 703-528-7073 sreyes@hscapcorp.com
Copyright Business Wire 2012
News provided by Dow Jones NewswiresSM, PR News Wire and Business Wire. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.
Someone is buying this slowly for a reason. Otherwise it would have stayed at no volume like it did for months. That should be good news, but we will see.
The YA Vampires are circling, and demanding their pound of flesh:
11-May-2012
Entry into a Material Definitive Agreement, Financial Statements a
Item 1.01 Entry into a Material Definitive Agreement.
On May 11, 2012, Homeland Security Capital Corporation, a Delaware corporation (the "Company"), entered into the First Amendment (the "Amendment") to the Amended and Restated Forbearance Agreement, dated October 26, 2011, entered into by and among YA Global Investments, L.P., as lender ("Lender"), the Company and certain of its subsidiaries (the "Agreement"), pursuant to which the Lender agreed to extend the Forbearance Period (as defined in the Agreement) by amending the definition of "Termination Date" to June 29, 2012. As amended, the Forbearance Period now ends on the earlier of (i) June 29, 2012 and (ii) the occurrence of a "Termination Event," defined in the Agreement, as (i) the failure of the Company or any Guarantor (as defined in the Agreement) to perform or comply with any term or condition of the Agreement; (b) the determination by the Lender that any warranty or representation made by the Company or any Guarantor in connection with the Agreement was false or misleading; (c) the occurrence of a materially adverse change in or to the collateral granted to the Lender under the Financing Documents and/or pursuant to the Agreement, as determined by the Lender in its sole and exclusive discretion; and (d) the occurrence of any default and/or Event of Default (other than the Existing Defaults) under the Financing Documents.
The foregoing summary of the Amendment and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Flip a coin whether HOMS survives the eventual results of toxic financing.
You hear something ?
Something def has to be in the works here.
The moderators have moved on a long time ago. What we need is some new moderators to step in and update the page.
Need the mods to update stickies. Co has changed their business model. Smart move the housing market is gonna boom from its lows here.
Glad I held onto this one. Looks like it is poised to take off.
That financing agreement was for the end of april. Im assumin with the increase in rev and proj revs for 2012 eps will go up up and away. The ceo has a lot of connections, especially with the government.
I do agree. If Homs comes out with some outstanding news the common share price may reach higher to its July 19th peak of $0.08. We should be hearing something soon on whether their current financing arrangement with YA Global has been modified.
Get in now before the next pr sends this past .05!!!
Almost as thin as this company. LOL
someone picking up those .008s and it aint me
Same thing could be said about you.
The only thing anyone really needs to do is look at the history of this fake stock. The only thing 99% of pinkies are designed to do is take investor money. There's no real product here. Only paper companies and the people paid to pump them.
Well people just need to look at your past posts, FLUFF!!!!!!!!!!
When i see bashers it makes me wanna buy, seems like this puppy is under the radar! Low o/s!!! Are u guys afraid of something?
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Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security product and service solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues from promising security products and services but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows.
Share Structure
54,194,268 O/S
12,500,000 owned by CEO (C. Thomas McMillen)
3,570,431 in the company treasury
3,000,000 owned by Titan Global
1.2 Million owned by YA Global Investments
~33,923,837 (low float)
~$1.1million market cap @ 0.021 / Jan 24th 2011
Company Highlights
over $25 million in revenue last quarter (up 21%)
on pace for > than a $100 million in revenue this fiscal year
476 Full-Time Employees
January 19th, 2011 announcement of new contract award worth up to $25 million
Eligible for contract awards for future work at various DOE sites worth up to $926 million
About the C.E.O.
C. Thomas McMillen
Charles Thomas "Tom" McMillen (born May 26, 1952 in Elmira, New York) is a retired NBA professional basketball player, Rhodes Scholar, and Democratic U.S. Congressman who represented the 4th congressional district of Maryland from January 3, 1987 to January 3, 1993.
Prior to entering politics, McMillen was a star basketball player on all levels. In 1970, he was the number one high school basketball player in the U.S. coming out of Mansfield, Pennsylvania.
After graduating from Maryland in 1974, McMillen was drafted by the Buffalo Braves. During his National Basketball Association career, he would play for the Braves, New York Knicks, Atlanta Hawks, and Washington Bullets before retiring in 1986 to pursue his political career. McMillen was also a member of the 1972 U.S. Olympic Basketball Team. McMillen played for a year in Europe before joining the 1975–76 Buffalo Braves.
He was elected to the U.S. Congress as a Democrat to represent Maryland's 4th district, and served 1987-1993 as that district's representative.
Business Career
Mr. McMillen has served as Homeland Security Capital Corp's Chief Executive Officer and Chairman of the Board since August 30, 2005 and served as the Company's President from August 30, 2005 until March 19, 2008.
Since March 12, 2010, Mr. McMillen has been the sole member and manager of NVT License Holdings, LLC, a Delaware limited liability company, which is the indirect parent and controlling entity of several other limited liability companies which hold the Federal Communications Commission licenses for eight full power and three low power television stations in eight different television markets.
Since October 2009, he has served as a director of Dominion Funds, Inc., a publicly traded mutual fund.
From December 2004 until January 2007, Mr. McMillen served as the Chairman of Fortress America Acquisition Corporation (now Fortress International Group, Inc., FIGI.PK), and from January 2007 until August 2009, he served as Vice Chairman and director.
In March 2003, Mr. McMillen co-founded Global Secure Corp., a homeland security company providing integrated products and services for critical incident responders, and served as its Chief Executive Officer until February 2004. From February 2004 until February 2005, Mr. McMillen served as a consultant to Global Secure Corp.
From December 2003 to February 2004, Mr. McMillen served as Vice Chairman and Director of Sky Capital Enterprises, Inc., a venture firm, and until February 2005 served as a consultant.
From March 2003 to February 2004, Mr. McMillen served as Chairman of Sky Capital Holdings, Ltd, Sky Capital Enterprises London stock exchange listed brokerage affiliate.
Mr. McMillen has also been Chief Executive Officer of Washington Capital Advisors, a merchant bank and one of our stockholders since 2003.
Mr. McMillen also served as Chairman of TPF Capital, its predecessor company, from 2001 through 2002.
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