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Two questions on the class A preferred. First was the issuance of 1000 voted upon by shareholders? Second can the CEO just issie 9000 more without a real shareholder vote?
While I realize that lots of small companies do illegal things all of the time i also wonder how far this company will go before attracting government intervention?
Preferred shares are supposed to be non-voting.
Shorting? A .000 Stock? Whats to short?
You may be on to something but remember that all share trades you see are common shares. The preferred shares are not saleable except in a private sale until they have been converted to common shares. Since all of the authorized have already been issued there is really only one way for the preferred to be marketed and that is to raise the aithorized. Otherwise all you have is truly scammed investors with worthless stock certificates.
0.0009!
My crystal ball tells all that the authorized is about to go up. It has to in order to allow for all of the preferred shares to be conveeted at ten to one. Watch them do it wothout a shareholder vote IMO. Yup, check it out on the latest fins. More and more preferred shares are being issued.
HLNT is the ticker for HTI not AHS. Don't for a minute think any differently.
HLNT is the stock symbol for HTI. HTI and HLNT are the same company.
Sorry, no cigar... that is the website of Alternative Hydrogen Solutions, a company that HLNT only owns a small piece of and even less every time the bring in another investor since nothing has been sold. the HLNT site WAS http://www.highlineinnovations.com. Since they cannot pay the bill it is shut down.
Who says he got more C/D orders? It is irrelevant since the HTI site does not exist any more.
It is pretty easy to tell the difference. His site is up and running and there to read. The HLNT site does not exist any more. I dont think they paid the bill. Probably another lawsuit on its way to collect that.
soo what? Irrelevant to this situation. Coats is at the helm and is doing a terrible job of making this company have any value. Southern has been gone a long time and has nothing to do with Coats failure.
No one gives a rat's a$$ what Southern did or did not do 10 years ago. What i am concerned with is that Coats is still lying to us, bringing in more investors and diluting what precious little value there is in this stock. Or are you trying to say that the financials are all a lie too?
jjj, that is a question that is easy to answer. It is clearly to divert the attention away from the nonperformance of Coates and Cunetta and those terrible financials. For instance that payables were reduced by selling preferred shares. That is the same game as before. The only product sold is shares and since there are no more common available Coates is selling preferred that convert to common at ten to one. It is his way of selling shares without raising the A/S. The problem is that when these unsuspecting gullible investors want to sell the A/S has to be raised or they will be sueing. Either way the A/S is going up, it is just a matter of when.
And that is why he got fined $75.00? And if you actually read it you will see it was the committee on professional conduct which is comprised of lawyers not Supreme Court Justices. Oh yeah that was serious! Less than a traffic ticket. And he had already paid the guy when the complaint was filed. Oooh yeah he is sooo unethical. I have a strong feeling HLNT has not heard the last of him (chuckle...)
No, the Arkansas Supreme Court does not think that he is an unethical lawyer. In fact if you call them as I did you will find that he is in good standing. Yes in 2004 he screwed up by not watching the folks worki g for him and took the hit for it, but even if that was 10 years ago. Get over it and stick to the facts. Even as much as you want to believe in Coates we are probably not hearing anything this year and when we do it will be someone else's fault.
After reading the court documents there are two things that come out. The first is that HLNT was mot payimg the bill as it accrued. That lookd to me like he just got fed up working for free and wanted to get whatever he could. Second is that it appears that he knows a heck of a lot more than most about the inner workings of this POS. Put all of that together and it really looks like they have only one reason to bad mouth Herb and that wpuld be to keep us from hearing the truth. How about it Crufis? Isn't that what is really happening here?
An amount that was never before in payables has neen moved to retained earnings where there has not been any earnings in the first place to retain? looks like an intentional act to hide reality.
I made the same observations but I have no reasonable explanation that comes to mind. Could it be that these things are not happening? It does seem to me that the content is all about raising the pps and running from what may be negative in their view. Still, it is bothersome I agree.
Yeah 10 years ago and it was minor then. Apparently you do not know the status of the case but are rambling along on wrong assumptions. I suggest that you look at the public record. It is quite clear and enlightening. Why did Southern sue his former clients? That also is clear in the court docs of all of the cases. They are not paying anyone. Looks like everyone wants to be the first to get a judgement so that they can get whatever is left before there is nothing to get. And if Coats does get some sucker to put in real money then all the better.
What? You think jjj is Southern? Are you kidding? Southern is not so stupid as to post on here. And besides no one cares about a screwup 10 years ago where he had to pay $75.00. Yeah, really serious. You will pay more for a speeding ticket! Whoopie!
On your questioning the billings. Too late. Uncontested means "ADMITTED"! But a better question is why anyone would believe Coates? According to court documemts he got on the witness stand under oath and along with CFO Zeller lied their asses off. Better yet in those same pleadings it looks like the company is under investigation by FINRA. Neat!
So what will the excuse be on December 10, or on Jan 1 for that matter?
As I understood the "telephone crew" thing hundreds of calls were placed by shareholders to Tyson's to verofy whatever there was, even though before that there had been no mention that Tyson was the possible contract. I still do not see any explanation of how these shareholders knew to call Tyson. Or if it was "you know who" how he knew. But even if we give credibility to the calls can anyone explain how it is that apparently no one has placed the first call to Mr. Southern to discuss anything in those 192 pages???????
I think that you miss the point. The pump is to create the expectancy of good things to come. That is exactly what is happening with this so-called "lockdown"
IMO the "lockdown" scheme is nothing more than a sophisticated P&D. Just because s is happening at this low level does not change the intent.
Don't you dare say there is no Santa! Of course there is, it just isn't Coates! The only thing that is locked down is the true sotuation here.
I have no doubt that we will not see test results this year and likely not till summer if we hear anything then. As for this information lockdown that some are so fond of let me explain it to you. First there is no information to be locked down and that is the real beauty of the scheme. By saying there are things going on but information is locked down it gives the false impression that good things are coming.In reality no good news is coming any time soon. By saying that all info is locked down there are enough gullible shareholders buying to maintain the pps while certain folks unload. Then when the news hits it is unsuspecting shareholders that are hurt and not the inner circle people. It is really a creative plan if not for
...
There you go assuming again and we all know what that word means. Having read all of the court pleadings I am convinced that these guys do not know how to tell the truth. My only hope is that when the results of these tests are released next summer that it will spike the pps so i can get out with my a$$
I learned a long time ago that when someone says that something is obvious beware because most likely it is not. Even "Honest Abe" Chad has ADMITTED that a positive test will only aid him in suckering an investor who will bring money so that he can get paid, go on YET ANOTHER VACATION and then do a little R&D to develop a marketable product. Even if a test is good it WILL NOT result in orders in the near future.
Surely you jest! "A chain is only as strong as it's weakest link". So here is the scenario : A tank crew is in a fire fight in the open in Afghanistan. While battling for their lives the Hy-Impact screws up and trashes the turbo disabling the tank. The result is a dead tank crew and a lost tank that is now just so much scrap metal. Do you really think that a tank is the place for this POS that does not work even in a controlled lab setting?
Those who have access please read the court filings. There is an email that discusses an investigation by FINRA. That was about the same time that certain knowledgeable posters went silent and have not come back... hmmmmmm
Then notice where H Zeller got on the witness stand and testified that he did not know anyone named "you know who" amd could not understand why that name would be on HTI billings. Coats backed that up. Last time I looked lying under oath was criminal. Heck of a management team IMO.
Like several have said HLNT IS BIG IN 2013! A big disappointment!!!!!
Where is my piece of that 100 million in sales?
Wrong again! It looks like the letter was to the transfer agent and no one said anything about $.10 / share.
I went through this with a different stock. When you have restricted shares in certificate form it is a two step process. First you have to remove the restriction which takes a 144 opinion letter. Then you have to find someone that will buy them. I dont know about a minimum price rule but below 2c it is difficult to find anyone that will accept certificates to fence for you.
BTW did you notice that the person you reference has his own web site and it looks like he is trying to sell hy impact units under a different name? You might give him a call to see if he has been able to sell anything.
Things that might happen in 32 days:
More excuses.
Someone else to blame.
Verification that it doesn't work.
Increase of authorized shares.
PIPE to continue operations or fund vacations
Take your pick of any or all.
Isn't it a po box?
16 days? ROFLOL ROFLOL ROFLOL
So what happens when Christmas and New Years have come and gone and still no results. Whose fault will it be then? What excuses will we hear then?
Honesty? Pfffff .....
Perhaps it will. Maybe shareholders could vote someone to head this company that has a clue how to actually run this company.