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I been in the shipping industry over 31 years, most orders go prepaid. Most likely shipper will incorporate the freight into the invoice. That being said, they have to pay first before recieve the money. Then what was the terms of payment, 30, draft or prepaid?
When shipping containers overseas it is usually a 40'high cube, 40' standard and 20' standard container. I do not think that today's PR indicates the size of the container.
Providing a 6 pack case is 1 cft ....
40' HC is about 2,800 cft. (about 2,600 6 pack cases)
40' STD about 2,500 cft. (about 2,300 6 pack cases)
20' STD about 1,100 cft. (about 900 6 pack cases)
Also, it depends on the weight. cannot exceed 49,000 for a 40' HC, 44,000 for a 40' STD, 39,000 for a 20' STD.
Order is about $10K to $15K, not to mention who is going to pay for the freight?
On yesterday's PR, distribution agreement .... One might conclude that in this deal Rushnet will produce the orders. Remember, they bought a water plant to my recollection and the products on this other company needs water on there ingredient.
Just a thought.
According to Robert Corr, CEO of Apple Rush, "We're excited about taking Apple Rush into the public capital markets in funding our growth. RushNet and Rush Beverage shareholders have a significant share of the company, which should greatly benefit them as Apple Rush continues to grow and strengthen with its great product line."
According to the above shareholders have a significant share of the company. This to me means that we will own APRU shares. When would they issue the shares that another story, probably when APRU stock move up then drops back down.
This is almost like MRKL.PK and TCNH.OB, TCNH.OB when to 13 bucks, then it dropped all the way down and shares were given to shareholders. I cannot recall if this was a reverse merger, but one thing I know is that TCNH.OB dropped big time before shareholders were issue stocks.
This links tells me that we will get shares from APRU .... http://www.thefreelibrary.com/RushNet%2c+Inc.+Incorporates+the+Apple+Rush+Company%3b+Updates+Dividend+...-a0154061544
RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce to its nearly 5,000 stockholders that the Company has:
1) formally registered Apple Rush Company, Inc. as a Nevada corporation;
2) secured world-wide-web domain rights to OrganicAppleRush.com, AppleRush.com, AppleRush.net, AppleRush.org, AppleRush.biz, AppleRush.us and AppleRush.info;
3) initiated transfer of all Apple Rush trademark applications to Apple Rush Company, Inc.
RushNet also disclosed an overview of a previously announced plan to spin-off free-trading shares of Apple Rush Company, Inc. as a dividend to stockholders.
According to Robert Corr, president of RushNet, Inc, the Company plans to declare a special dividend of one unit of Apple Rush Company, Inc. per a fixed number of RushNet, Inc. shares. The unit will consist of one free-trading share of Apple Rush Company, Inc., an OTC bulletin board company, and two attached warrants.
The first warrant will give the unit holder the right to buy one free-trading share of Apple Rush Company, Inc. at 66 2/3% of the closing price averaged over the first five days of public trading of said company. This warrant will expire in 45 days from commencement of trading in the underlying security
Underlying security
A Reverse Merger is when a private company "reverse merges" into a public company. Basically, the private company is taking over the public company for the purpose of using its public status which is very valuable to a company trying to raise capital through the capital markets. If the public company was operational and was buying the private company, it would simply be an acquisition or merger being made by the public company.
The public company may no longer be viable or operational for a number of reasons, such as: bankruptcy, the business model failed (but they avoided bankruptcy). This public "Shell" company still has some value however, just because of the fact that it is public, has a stock symbol, has a shareholder base and because it can more easily raise capital by issuing stock that is registered or can be registered with the United States Securities and Exchange Commission (SEC).
Although Reverse Mergers are a fairly acceptable way for entrepreneur's and small business people to access the capital markets, without the proper due diligence and representation they can be a nightmare for a company that is not prepared to deal with the problems that it may encounter. A much more viable and acceptable method of obtaining a public listing and accessing the capital markets, such as Wall Street, Hedge Funds and private investors is doing a Direct Public Offering or DPO through Regulation A. Structured properly, a DPO will cost less, allow more control and relieve the management team from of the stress and aggravation they are likely to encounter.
If you are analyzing the benefits and burdens of doing a reverse merger vs. obtain a public listing, give me a call.
Shareholders will benefit .... RushNet and Rush Beverage shareholders have a significant share of the company, which should greatly benefit them as Apple Rush continues to grow and strengthen with its great product line."
The above to me sounds like we will get dividends in the form of APRU shares. If this does not happen there will be probably lawsuits.
Why don't you remove all the EVSY posted messages? All the HISC clowns are doing is going on the EVSY board and badmouthing EVSY and the CEO. If it was me doing this on the HISC board you and everyone else will cry and remove my post.
You must be a HISC moderated as well, and you are only censoring what you dislike. You should join the clowns REDCLOUDS, WARD, CAPT, SPENCER AND SKIER.
Above is based on my opinion which you do not have to accept.
Skier, once again you had my post remove because I am telling you the truth about your visit. HISC needs to be asked the right questions and not elementary questions. Don't take it personal, I am not trying to offend you.
This is my projection on HISC ....
* they will post negative earnings
* they will mention a Reverse Split
* they will mention a merger
If the latter two occurs simultaneous I as a shareholder will see the fruits of my investment. I am a shareholder though many might not believe it.
Under no circumstances am I bashing HISC, nor am I insinuating any wrong doing by the company. What I post is based on my opinion which probably will offend most of this board and the Admin which unfairly censors my post. Because of them this board one day will be dumped, this is a hyped board, they do not want to hear honest opinions.
Schlots, if I was you I buy more. If the company reverse split, I think it will execute a 1 for 100, leaving you with 260 shares. I think they will R/S. Just my opinion.
Spencers, are you sure that you or the pumpers are not the ones hitting it?
Why did HISC sent out 3 PR's early this month? Can it be to distract sharehoulders from thinking negative earnings? Just a thought in a form of a question.
With pinksheet pennystock companies, I rather see no PR'S being sent out within the month that the earnings are being released.
Because of the above I expect HISC to post a loss.
Above is based on my opinion. Under no circumstances am I bashing, nor trashing, nor insinuating any wrong doing by the company. I am a shareholder and accept the good, the bad and the ugly of a company. I don't think HISC have an ugly side, but in my opinion, I do think that some of the PR's are being sent out to ease shareholders. Just my opinion.
Doors might be open but it doesn't mean that they will be allowed in. The only way HISC will be allowd in is if they merge (my opinion).
To all .... These recent PR's that been throw out consecutive means that HISC is going to post bad earnings. Typical of all penny stock.
Above is based on my opinion.
Sndmn, opening the doors and generating sales is to different things. The doors can be open, it does not mean that one is allowed in.
The PR is just an update. What is more important is the sales of the unit. Nothing mentioned in this PR except that it is on the AT&T website.
So don't get excited.
Three reasons why HISC would sell shares ....
1) Generate income for operation (Debt, Operation Expense, Salaries)?
2) Generate income for products?
3) Generate income to pay attorneys on the Frank Moody lawsuit?
Above is based on my opinion which will offend most of you.
A maget might have more class but Frank Moody is getting the job done. HISC misses Frank Moody and soon will execute my song (my opinion).
Ward, you don't have a clue! Falcon Financial is completely in control of Lynx and they are the ones that you will be talking to, no more Lynx. They are one now.
Spencer, Lynx is no more, Falcon Financial took them over or they were part of Falcon Financial. Now you talk to Falcon Financial not Lynx.
Also, the song "a rude awakening is coming soon" will have to be learned by all the HISC pumpers.
HISC: Short Interest DN 70.0% to 116.0K in Jul 2007
I would say that the recent PR's were not bad. But with the number of shares being traded, I expect what I have saying all along .... reverse split while merging, soon (my opinion).
Can't believe they came out with decent news.
Outstanding Shares: 3,642,974,000 as of 2006-11-01
Can anyone tell me whats in the float?
If Fred makes Actsoft an offer I do not think that Actsoft would take it. Actsoft does not need HISC! What Actsoft should do is offer HISC 1 share for every 25 shares of HISC stock, simultaneously up-listing to the Nasdaq. This will benefit shareholder in my opinion.
Also, where is HISC going to get the money? Diluting the shares? Institutions (don't think so)? Private investors (no good for shareholders)? Or are they dumping to raise enough cash not to keep up with operation, but to make Actsoft that offer that could not be refuses (a laugh and hurting us shareholder)?
In my opinion, if a merger between HISC and Actsoft takes place it will follow with a R/S.
Bobalink, I know that you said 5 to 6 billions shares. I mentioned 1 billion shares to Ward so that he can see the reason why I mentioned a R/S when I responded to you.
Your statement was construed as saying that a billion share penny stock company will not go to .25 cent.
You did not say the R/S word, but in construing the statement you made, I concluded that the only way you can see the PPS at .25 cents is if HISC executes a R/S.
Bobalink, time will tell if my statement is comedy, LOL.
Ward, If you would read Bobalink's post then you will see why I mentioned it. Do me the favor and put me on ignore this way you don't have to read the messages that I post.
Bobalink, penny stocks are always pushed regardless of the earnings. To my recollection, BICO who changed its symbol to BILO had billions of shares and the stock was pushed to .99 cents.
Then what you are saying is that in order for PPS to hit .25 cents HISC has to execute a R/S? I believe that a R/S will happen, but only after the PPS is pushed to .25 cents then drops back down to a cent.
Above is based on my opinion.
I agree with you, too many shares outstanding. But with this amount of shares the stock can still be pushed to .25 cents.
Though previous PR demonstrates positive future expectation, Fred Wicks is being extremely careful in choosing words. He is using words like .... possibilities, optimistic, potential.
I don't know what HISC numbers will be like, but if Fred Wicks choosing of words materializes, I will then say it will be positive.
Smart investor will buy in the stock if they expect positive earnings. We will see.
Phish, that PR is old news with future expectation. Now, future expectation usually moves the PPS, but it seems like with HISC it's not happening.
HISC is not a bad company, but the fact that they are only pushing one product I feel will hurt the company. This is why I say they should merge with a software company.
They have other products, why are they only pushing the CT?
Phish, spencer said that you have been around and you know everthing about HISC . So, why ask the question? Just curious.
Phish, you say that 5 is better then 4. This is true if the bid goes up to 5. Otherwise, it is just 4.
Cheap,
Re: HISC
In my opinion, I am giving .25 cents on pumping due to expectation of good "concrete" news. This does not mean that the PPS will continues to go up. If it goes higher then something big is happening. My sell order is placed at .25 cents.
Penny stocks usually are pushed before dropping and executing a R/S.
HISC seems to be pushing one product and a company cannot live on one product. This is the reason why many companies are diversifying.
Above is based on my opinion.
Surfer, you said that it was interesting to see the software in action. Then you ended up by saying that they retrieved the stolen truck using the CT.
Let me comment here .... this is the reason why HISC would have to merge with a software company. Both the software and hardware product together is allowing the tracking of a vehicle. HISC with one product will never make it.
Above is based on my opinion.
Three possibilities that can happen ....
HISC PPS will be pushed to .25 cents, it will then drop back to where it is, then they will R/S with or without a merger. We will all make money at .25 cents and those who did not sell will see the potential profits diminish.
HISC will merge with a company like ACTSOFT, then R/S split, PPS will go up because of ACTSOFT and we will all make money
ACTSOFT will buyout HISC, we will probably get 1 share of ACTSOFT for every 50 to 100 shares of HISC. Since ACTSOFT is a good company we will all make money.
Even though I said that we will all make money, many of you will overlook the making money statement and will try to refute this posted message because you cannot stomach a R/S. Whether you accepted it or not it will happen because penny stocks have a tendency of executing a R/S.
For you guys who think that Motorola will buyout HISC, keep on dreaming. There are better companies out there to buy. I am not saying that HISC is a bad company.
Above is based on my opinion, whether you accept it or not. I am certain that you will not accept it because you cannot stomach it.
No news is good news, but without any news the stock will continue to laggard.
spencer, do you think I care about who phish is?
I don't invest in a market, I invest in companies. Some of these companies are speculative and some are not. HISC is one of those speculative stock and so is RSHN, XKEM, PGPM, SKFT, and I am fully aware that I can lose my entire investments with speculative stocks.
They do have a good product, they have good partners, the industry is still young which no one controls. But HISC is still a speculative stock and I invested in the company knowing that I might lose it all.
Though it is a speculative stock, alot of speculative stocks have their day, and I feel that HISC will have their day.
Above is based on my opinion.
Dirt, I am not insulted with your opinion.
Make certain that you refer to HISC in your post, otherwise your message will be removed. As for me, I don't have messages removed, especially when they are posted as opinions.
Cheap, there was a stock with the symbol BICO.PK. To my recollection, they had billions of shares outstanding and the PPS when from .01 to .99 cents. Many sold, the stock dropped back down, the company changed the symbol to BILO.PK. Don't know if the company is still around.
Cheap, there was a stock with the symbol BICO.PK. To my recollection, they had billions of shares outstanding and the PPS when from .01 to .99 cents. Many sold, the stock dropped back down, the company changed the symbol to BILO.PK. Don't know if the company is still trading.