Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well..I am certainly more optimistic now that the bank has decided on Chapter 11 instead of the Chapter 7 death sentence.
Now..we'll just keep our fingers crossed that oil recovers as well.
I believe the Auburn plant will be up and running before the end of the year..and continue to add machines from there on out..
I don't have the link..but I know it has been posted many times.
These are exciting times. I'm certainly glad to be on board !
GO SGLB! GLTA
Four years? I would settle for four years..if I knew we could make a comeback. But you just never know...if all hell breaks loose in the middle east..and oil skyrockets...that four years..may just turn into 18 months. We shall see.
I don't know if that was exactly the answer I was looking for ..but quite frankly..at this point..I'll take whatever news I can get.
That was POSSIBLE news..but again..not the news coming from the new company or the person they recently hired to clean up this mess.
Well someone needs to say something. Good news..Bad news..
whatever the news is...someone from the old company or the New Company needs to support its shareholders. We stuck with them and got left holding the bag...the very least they could do (new or old)
is to communicate with us what's going on.
THIS pretty much sums it up for me: Buy in NOW ..increase your shares now..or forever hold your peace ! The writing is on the wall.
"So we seem to be reasonably well positioned looking into the second half of 2015 and into 2016. So our path to profitability, we are expecting acceleration with the revenue associated with both our contract manufacturing activities and our PrintRite3D technology activities. As I mentioned, the America Makes program was slow to start. We have been able to finally get some traction there and that you shouldn’t seen that reflected in the second half financial numbers for 2015.
And just in general, we are rather excited about the new energized and focused organization with these key hires and joint development activities we now have ongoing. The company appears to be well positioned and connected with the community. We are getting the right partnerships in place we believe to basically leverage the demand we are seeing for AM.
Yes..IMO He said it it very ''matter of fact''...."October first is the date for rollout"
Sorry 'SHORTS' THE PPS is headed north to .06 and could close at .07 today. IMO We don't go down to .04 or.03 like some suggest.
I think we may have seen our last .05 cents per share opportunity.
If you're planning to join the conference call..here's the number. It starts in 20 minutes. Hopefully, you have your questions ready !
Not sure if this number if just for investors in the U.S.
1-888-243-4451
If this was a football game..we still have eight minutes left in the first quarter. Again..this is not a sprint but a marathon. Most of the negativity is coming from the short term guys who wanted a touchdown..but guys..we're driving the ball down the field.
The new hire is perfect and timely. We still have enough money in the bank to last us through these next two quarters and the tide is already turning in our favor. Profits will go up exponentially from here..it appears.
You want to sell here? GO AHEAD.. MAKE MY DAY! I'll add a boatload at three cents any day.
GO SIGMANIACS Still LONG and STRONG !!!!
We are one giant step closer to forever getting rid of all these negative ''shorters''.... One statement..or one contract announcement..whether tomorrow or later this year...and they'll be out of this stock so fast it would make your head spin.
GLTA GO SGLB!
Despite all that's happened, does anyone have any idea on quarterly earnings for 2Q... Will they announce those as usual and when can we expect the next public statement about this 'Restructuring Plan'?
Yes..Christ's life and death and resurrection was a gift for all of us BUT YOU MUST ACCEPT IT and confess with your mouth and share your experience with others about his love.
If someone leaves me a gift on the table..and I go over and accept it...open it..and tell others about it.. then it's a gift.
But If I walk away from the table and don't open it..don't see what's inside or tell others about it...then it's not a gift I have accepted. Just my honest opinion..all Christians have to reflect on what Christ asked us to do to further his cause. Spread his word or walk away and not give any effort to his cause because It's a gift" and we don't have to do anything at all ?????
If some satanic guy who is pure evil and hasn't accepted Christ and is a murderer....are you saying he'll get into heaven? I don't think so. The bible talks about the great judgement..we will all have to appear before God himself and be judged and be accountable for what we did on earth.
Tom8oes..
If you are reading King James then we are not completely off base..but most Christians are going to differ in opinion on some things. It's important that the central message stay intact.
As long as we agree Christ died and rose on the third day to forgive us of our sins. Yes..that part IS FINISHED.. However, you must believe on him ..the son..who was slain for us..and that you're in agreement that he's the Savior. You must receive and accept that gift. And repent ! It is not by our works but by our faith.
There are countless documentations of fire and brimstone and evil and death and hell to those who refuse to accept the Savior.
I guess we'll agree to disagree on that point. I could literally provide hundreds of examples in the King James version of this.
HERE'S ONE:
King James Bible
And he cried and said, Father Abraham, have mercy on me, and send Lazarus, that he may dip the tip of his finger in water, and cool my tongue; for I am tormented in this flame...** Also...John's vision in Revelation (isle of Patmos ) of the end time and what's still to come is very much intact.. gotta go for now.. Good Night my brother in Christ.
Tom8oes,
Since you have bringing up religion so much and since we have a break from the action right now.....Do you mind sharing what denomination you are? The Bible I read does not seem to share the same information from the one in which you are reading.
It would be difficult (not impossible) to debate someone who's not on the same page.
JOHN 3:16
GO HIIT ! RISE FROM THE ASHES !
Nice find Jackle....The future looks bright..it's just taking some time..that's all.
GLTA
I keep hearing rumors of a bank meeting...who knows? If somebody buys in here..and somehow they can pull HIIT out of the $HIT..You could make a fortune..even if it went to 15 or 20 cents.
THEN WHY IN THE WORLD ARE PEOPLE BUYING 200K PLUS SHARES TODAY..AND WHY ARE YOU FOLLOWING THIS BOARD SO CLOSELY. WHY DON'T WE ALL JUST ''GO AWAY''
I see someone snagged almost 200 thousand shares today. I know some are spelling DOOM and Gloom..but I still think someone knows something. I can't believe the bank would just throw in the towel and now allow the company the opportunity to make money and repay money owed. I think people are still buying because there's a chance to salvage this company out of the ashes. I could be way off but some people aren't selling for a reason..and some people are buying today for a reason.
I know this isn't the proper board to be discussing this..but everyone has an opinion on this. Hank certainly has his. I just happen to come from the other camp that believes it's much nearer than we think.. Primarily..the stand alone prophecy of Israel:
I will scatter you (ISRAEL) throughout the four corners of the world because of your sins..but in THE LAST DAYS I will gather you back into your own land (1948) and the barren land will be flowing with milk and honey).
Also, the whole world will turn against you on my account.(TODAY)
Also, Russia G0G and Magog, Persia WILL (RUSSIA, IRAN) come against you.. GOG russia..will march an army down from the north.
ALL THIS COULD NOT HAVE HAPPENED IN THE YEAR A.D.70.. It's shaping up to happen soon.
I respect everyone's opinion..but nothing will change my mind.
By the way, all that biblical information above was paraphrasing..
I didn't have time to write in the biblical quotes..because I'm headed to church : )
THEN WHAT YOU ASK? Probably Armageddon and it won't matter how many stocks you have or how rich you are. It won't matter. The Christians will be gone off this planet in the RAPTURE !
Crazy talk? I DON'T THINK SO !
YES..one can only hope ! But I'm seriously considering buying a bunch here at bargain basement prices. I think at this point it's certainly worth the gamble. I am starting to thing something is brewing here.
You guys crack me up: The stock was going down in flames this week..and everyone and their grandmother was on here posting bad news..
Then today (thursday) the stocks up 90 percent.. And I don't hear a PEEP out of any one of you.
You bastards are Hilarious !!! R.O.F.L.M.A.O.
HMMMM..I SEE THE STOCK Opening up at .03 cents...up 42 percent.
Could something be brewing with the bank?
Or..is it day traders slinging this thing around like a slinky?
I'M HOPING the bank is ready to get down to business..restructures its deal with $HIIT and pulls us out of the SHI_.
WINDOUGH.. I am amazed at how much you lost and I'm wondering why you're sticking around. ''Talking up the stock'' or down the stock all day on this board doesn't make much difference right now..except for those day traders trying to squeeze some last minute money out of this piece of $HIIT
So..why are you on the board so much... It's time to move on to the next piece of $hiit out there in pennyland.
As bitter as I am right now at how this transpired..I'm still going to hold out...It could very well depend on what the bank says/does soon. The bank doesn't want to lose anymore money..and if the stars line up (slim chance) but if a few things go right...We could be off to the races again.. Anyone who buys in now at these bargain basement prices might get rich fast if we can salvage this.
*** I don't care what anyone says or whose fault they think it is...it's always the FAT CAT at the top who's responsible..so before all of you start taking up for MATT...THE $HIIT ROLLS UPHILL TO HIM..IN THIS CASE!
Sounds to me like there are some major lawsuits coming.
No one on this board has answered my questions from friday:
Are the doors still open at HIIT? Are workers out in the field TODAY? When is likely we hear about someone buying the debt or ENSV or someone buying us out? And most importantly..what will happen to our share is this does happen?
ANYONE? ANYONE? BUEHLER?
I just don't see how it collapsed so fast. Just last month they (matt) was commenting on how they moved a lot of their business to the big oil fields around Midland Odessa and were capitalizing on it..the next thing I know..they're not making it at all ..WHAT HAPPENED ?
OK..so I have to ask: Are HIIT employees still out in the field and is the company making money this very day..or are they locking the doors until they meet with the bank?
When can we realistically know
the $HIIT has really hit the fan !
OK THANKS WINDOUGH..AT THIS POINT..I'LL PROBABLY JUST RIDE IT OUT.
I HAVE NOTHING REALLY TO LOSE NOW..
I AM DISAPPOINTED IN MATT AND MANAGEMENT FOR THE WAY THIS TRANSPIRED.... THE LITTLE GUY ALWAYS GETS HURT...BUT SOMEHOW..WHAT COMES AROUND GOES AROUND !!!
HEY WINDOUGH....... Could HIIT (RHYMES WITH SHI_T).....FILE FOR BANKRUPTCY AND IS THERE A CHANCE THE COMPANY COULD REORGANIZE...?
SHOULD I SELL HERE AT .05 CENTS AND CUT MY LOSSES...OR SHOULD WE HOLD OUT AND WAIT TO SEE WHAT HAPPENS IN THE COMING WEEKS?
So someone please ''realistically'' spell this out for me.
What is our best hope?
Another larger service company buys us out..and then we become part of that company....what happens to our shares then.. we own a different kind of stock..but it's not worth nearly as much?
Really ? NO chatter on the board today?
I thought we'd see people coming out of the woodworks..talking about what a disaster this has become. Way to go guys !!!
BREAKING NEWS: AND THE HITS JUST KEEP ON COMING !!!!!!!!!!!!!!!!!
HII Technologies, Inc. Announces Notice of Default Under Its Senior Loan Facility
Download PDF
HOUSTON, TX--(Marketwired - July 15, 2015) - HII Technologies, Inc. (OTCQB: HIIT) ("HII Technologies" or the "Company"), an oilfield services company headquartered in Houston, Texas, received notice from Heartland Bank that it is in default under the loan agreements for its senior secured credit facility, which consists of a $12 million 3-year term loan and a $6.6 million account purchase agreement. This default could lead to a mandated acceleration of repayment of the $11.46 million of indebtedness currently outstanding under this facility, of which approximately $9.2 million is outstanding under the term loan and approximately $2.26 million is outstanding under the account purchase agreement, net of the $1.09 million held in reserve.
While Heartland Bank has not moved to enforce the acceleration of repayment of the Company's indebtedness at this time, it has suspended any obligation to advance additional funds for the purchase of receivables under the account purchase agreement. HII Technologies and Heartland Bank are engaged in discussions to address the default notices and underlying loans.
HII Technologies will provide an update as more information becomes available.
For more information, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on the date hereof.
SHAD.. I agree..but the only thing I would differ on is the time frame. You think about 6 months..I think about 2 months ! but yes..I know Israel...and they will attack Iran's nuclear sites..just like they did in the 80's in Iraq and just like Syria....
DON'T SCREW WITH ISRAEL !
Ironically.. a major Geopolitical event..which could happen anytime in the middle east...could actually turn things around ''big time''....IMO
By the way 21,000 shares is not what I would call rampant selling.
Well...Our government continues to amaze me! Now that we have a new
Iran deal..(NO SANCTIONS) get ready for a big OIL DUMP onto the market. Real nice ! I'm scratching my head right now..trying to figure out how this is going to affect us...and the oil markets.
I thought I'd seen it all. (shakes his head..and walks out of the room in disgust)
SOUNDS like OPEC is going to get its way afterall..
PART 2 :
OPEC said Saudi Arabia reported that it pumped 10.56 million bpd last month, up 231,000 bpd from May. According to industry data, that would be a record high.
Higher OPEC production has been a major factor behind a collapse in oil prices, which are now around half their levels of a year ago.
Benchmark Brent crude traded around $58.70 a barrel at 1230 GMT on Monday, down from a peak above $115 in June 2014.
Lower prices have squeezed high-cost oil producers and brought a sharp fall in the number of oil exploration rigs in operation, particularly across North America.
OPEC said supply of oil from non-OPEC producers was expected to grow by only 300,000 bpd in 2016, down sharply from growth of 860,000 bpd this year.
U.S. oil output, which has seen rapid increases over the last five years thanks to the development of huge shale resources by "fracking", is expected to log much more modest supply growth in 2016.
"Total U.S. liquids production is expected to grow by 330,000 bpd, just one third of the growth of 930,000 bpd expected this year," it said.
That should mean more demand for OPEC oil next year.
OPEC said it expected demand for its own crude to rise by 860,000 bpd in 2016 to 30.07 million bpd. But it cut its estimate of demand for its crude this year by 100,000 bpd to 29.21 million bpd.
The group said it estimated, based on figures from secondary sources, that its own collective crude output rose by 283,000 bpd to 31.38 million bpd in June, led by Iraq, Saudi Arabia and Nigeria.
That is still well ahead of current demand for OPEC oil and should help ensure global inventories continue to build for some time to come. (Editing by Dale Hudson and Jason Neely)
UPDATE 2-OPEC sees more balanced oil market in 2016
Mon Jul 13, 2015
* Group expects world oil demand growth to increase in 2016
* U.S. oil output growth to fall sharply next year
* Saudi Arabia says it pumped at record high in June (Updates throughout)
By Christopher Johnson and Libby George
LONDON, July 13 (Reuters) - The oil market should be more balanced next year as China and the developing world use more oil while supply of fuel from North American shale grows more slowly, OPEC said on Monday.
In its monthly report, the 12-member Organization of the Petroleum Exporting Countries said it expected world oil demand to increase by 1.34 million barrels per day (bpd) in 2016, up from growth of 1.28 million bpd this year.
World oil demand growth should outpace any increase in oil supply from non-OPEC sources and ultra-light oils such as condensate, increasing consumption of OPEC crude, it said.
"This would imply an improvement towards a more balanced market," OPEC's in-house economists said in the report.
OPEC has increased production sharply over the last year as its most powerful member, Saudi Arabia, and other core producers in the Middle East Gulf attempt to build market share, leading to higher inventories worldwide. Continued...
Thanks MDUFFY ! Hopefully..Jackle will see this.
Did I leave anyone out....Bogue...Arete...anyone else?