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Nice post 007....
I agree with your post 100%.
We should already be trading at .20
No, not enough with the "LIE COMMENTS".....
I get so sick of people making excuses for this company because they want to fall in love with their investment.
It was a lie in my eyes along with the buyout.
Why do you think Winters doesn't ever give us the details????
I mean it isn't that hard to give the details in the first place.
If you want to create a transparent company - you give the details! No instead, he just jerks us around and around at his free will.
They have been caught in so many lies it's pathetic.
Just like them saying saying who their auditor is. Then someone contacts the auditor and he says he has worked for them in the past but isn't working for them at the present....lol.
I am like Rich....give me friggin break.
Thanks Rich. I have been wondering the same things myself....if people would just ignore the facts that these scumbags have lied to us over and over. I sure hope that this thing runs b4 the end of the year cause I want out bad. Been in it long enough.
Hey MTT...thanks for the PM.
I cannot reply by PM being a non-paying member.
Yes it is truly amazing...lol.
Like I have said b4 "bottom of the barrell".
GLTA... IHSN
What???...You aren't sure now after all the name calling and insults???? WOW!
I cannot say for sure as no one can.
I can however say that some of the predictions of .05 aren't unreasonable. That all depends on how many decide to buy in and how many will continue to hold.
This is my last "free" post as I am not a paying member.
Triptrade, I do agree with you. It is always awesome news when we have a reduction in share structure. Even with a tight float it still needs to gain major attention from investors and move them to buy the stock...
GLTA....and go IHSN!!!
There are many reasons....
Alot of folks may actually want proof that the share retirement does happen first.
Trust in this company has been an issue from the start. They haven't been very forthcoming with their investors up to this point.
Another reason may be that alot of people haven't read the news yet, or the increase in the current volume or PPS hasn't showed up on their radar's yet.
Give it a couple of days.....
Thank you and thank you.
That just helped to explain my last post.
Basically it will mean that you will have a larger equity position in the ownership of the company because you will own a larger amount of shares from the new share structure.
In order for the company to maintain a higher market cap the PPS will have to become higher to maintain the current market cap.
A lower market cap along with a lower share structure will attract more investors to buy the stock at the current PPS....hint hint.
IE...stock prices move up when more people buy the stock...not just because the share structure was changed. Unless the company was to do something like a share buyback which basicly means they want more "ownership" or equity of the company back. In a buyback they would offer current stock holders a premium to buy them out of their current positions.....
Hope this helps....
Thank you...you must be a nitwit too....lol
I will try to explain it to you....
A share reduction is done to attract more investors to the stock by having a more attractive share structure.
There is a difference between a share buyback and retirement of shares.
I know what I am talking about and will not result to name calling or putting someone else down to prove my point.
Here is a link that can maybe explain it to you more....
http://answers.yahoo.com/question/index?qid=20090224152916AA2niQ4
Notice Tank or Matty didn't back up his claims...LMAO
IMO the company would have to do a "BUY BACK" then retire the shares for what you suggest.
Thanks jaws...just didn't want you to be misled to buy more shares on the hopes that they would "automatically" just be worth more.
The answer is NO...they don't just automatically go up.
Investors may drive the price up seeing more value in the company but they don't just "automatically" go up.
That's right my friend... and that is what I'm hoping for without the bid "D" word. Probably should have averaged down a long time ago but didn't because of the misleading ways. So my average is still .037
Go IHSN!!!
It's not bashing at all.... it's the truth!
Right on Bro.... just waiting to get my $$$ back.
GL
MTT and Altruism... I agree with the both of you.
But the two of them together seem to be "Shysters" to me.
It's always a guessin game with these guys.....
No friggin wonder Winters never told us how IHSN acquired HM3...because we never did!! What a fricken liar he is.
UNREAL!!
Yes it truly is....
You are 100% correct with your belief. Smart people will be loading down here. Nice post. Thanks RU for the update as well.
Right on Brother....
lol...my intentions are not to drop on anyone like a hammer hauns, just trying to keep it real here.
On a positve note....
I am glad to see that the company is working on getting products to market and the retirement of shares...that's awesome.
Also seeing some green days with the current PPS.....
Hopefully some of those shares being retired are Winters'.
He hasn't done very much IMO to be worthy of soooo many shares..lol.
No it is because there has been lack of interest in this company and stock.... there was alot of selling - that is why the stock tanked!
No disprespect Tank, I find you to be a good honest man who believes in this company..... which is great!
I However am still not impressed. They have been totally unorganized and missed deadline after deadline IMO.
Did they take too many projects on maybe, spreading theirselves a little thin maybe... Sounds to me like they should have just focused on bringing ONE product to market then move onto another.
A whole year and just now testing the market?? By the company's own words these products were already suppose to been test marketed. I hope it isn't what someone suggested here and that they are manufacturing the crosstoners as they are being ordered.
What a mess so far with these guys. For being "so-called experts", it seems alot of confusion and trial and error to me.
As for the DD done by some on this board, which is fine and dandy..... I believe the company has failed in the area of trying to create a transparent company. I agree 100% with someone's post recently with Winters being a terrible CEO. He may have been a good investment banker, but he has failed horribly in taking the role to lead a public traded company. If they want to uplist like Matty HO HO suggest, he may want to step down as CEO.
Just like the last PR for example, investor's are still having to disect what he is saying in his PR's (when we actually get one). Many are still in the dark as of how the original deal was structured and how HM3 was actually acquired by IHSN.
Lack of communication and transparency by the CEO of this company. One of the worst ive seen IMO.
I can speak only for myslef Tank, who has been here probably longer than alot of people (maybe not by choice), but I have been MORE than patient and haven't just hopped on the train for a quick buck. And I for one am ready to see a nice rise in PPS in the very near future.... And I don't think that is too much to ask (especially after the stock totally tanked after my first buying in). I must admit, that is the only reason I am here..... Not to fall in love with this company.
GLTA
Not to sound negative, which I know I usually do about IHSN....
but the internet is something totally new for the Harrington's.
They are a little bit behind in that area of marketing IMO.
For many years they may have been pioneers with the infomercial biz, but they aren't really up to speed with the way most consumers buy goods in today's world.
I think that is a good explanation for such long delays.
If Chris and Tim are both "millionaires", spend some frickin $$$ and hire some IT/web professionals and let's get this show on the road already.
Thanks LPF....
Totally agree with that post!
I really don't see them dumping them at these prices.
Unless they need money for operations, I just don't see them diluting. Could be wrong but that's my opinion.
All great post from smack, rabbit, and MTT.
It is all the truth. Faith alone won't get it done.....
I personally don't see news coming just yet.... just my opinion.
lol...yeah it really cracks me up so how many people put soooo much emphasis on one retail investor.
As for why anyone would sell the 4's in an uptrending stock.
For one this market is made up of mostly "the bottom of the barrel" type of investors. Alot of people who play these know nothing about the markets and use money they can't afford to lose because it is a market that anyone can afford to play.
Or perhaps, on the other hand.....maybe they bought the two's and sold the 4's - an easy double.
UWRL will have it's day. Patience is still key here.
As many have already said, Minicar has a lot of money and time invested in this stock to not let it run sometime in the future.
The shares they have that are valued at .0025 are worth nothing down here.
Sorry Rich, don't get on here as often as I use to.
But I agree TOTALLY!! ..... you wouldn't think it would be that hard of a thing to do.
Sorry to hear that MTT....
Yeah hopefully... until then it is just a piece of crap in my portfolio.
That's what I'm saying... All the hype about this and that, Forbes this Mitchell that, Mytrack this Tony Little that.
If there is nothing but "professionals" involved here, then what the heck is going on and why haven't we brought the first product to market yet??
Don't look like Tim is anything near Big brother Kevin in this arena. No wonder they don't work together anymore.
If this isn't a scam, then the lifelong dream isn't working out too well.
They need to pull their heads out of their rear ends... This is freakin BS....
Ok got that all out, let's go back to giving "high fives" about how great this company is....LMAO
Nice post... sounds reasonable..lol.
lol..yeah you can call me that. I like the rap MTT.
I agree with all that you have said today, have actually been giving thought to that scenario myself. It has to be the only explanation for the way they have been conducting things.
Like you said "somethings gotta give".
For some ODD reason, I am tending to agree with MTT and MHH on this.... even though I also believe we could use the updates from the company. Maybe this silence could turn out to be a good thing. GL everyone.