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.
Board of directors just oversee procedural things, business know how, etc. They are not there to run the Company. I guess this spells the end of HESG. Company will continue to trade as a stock, but don't look for any miracles unless somebody wants access to some of their technology. I suppose it all might be sold off to pay off liabilities owed?
Andy is both a bullshi@@tter and a cheap skate. 200K equals $600. If that info was really true he would have bought multiple millions of shares. The price will be back down to the $.002's after filing doesn't occur by tonight as stated.
I like how the pump e-mails all start out. My DD is always 100% correct. I am the greatest stock guru in the world....listen to me and prosper.
So Andy supposedly communicated with Fred the previous Friday when Fred was no longer affiliated with HESG (confirmed by SEc filing). It just goes to show you don't believe any pump e-mails for truth. They are all just pump and dump operations. The interesting thing is where does HESG go from here and who will be in charge?
I hope it happens but I think i'll have more luck playing the lotto than HESGE at this point. Common sense tells me it is just a scam e-mail so that individual can pump and dump on the everyone else. If it does happen on Thursday I will apologize to Andy and praise his DD LOL.
I guess it gives current shareholders under water who sell into momo to receive a little more for their shares before it craters back to $.002
It looks like ANDY is just hyping this for his own benefit. He can't even get basic info right as he says HESG has had "e" for two weeks. They received the E about April 20th. It has been at least 24 days with the E. I guess his perfect 100% stock picking expertise is in jeopardy now when nothing happens by Thursday. I suppose he will follow up with "I spoke with Fred 6 times this week and he said filing will be delayed for awhile, but when it is filed we will jump to $.05 a share with all the great things happening" b.s.
It's about time Karney goes on MN1.com isn't it. It will be interesting to see if they screen the calls to Karney after what happened last time.
Looks like the gains were just an illusion so far as we are back to $.003. Maybe a good trading stock for awhile as it channels around these levels
Bill "Midas Touch" Karney strikes again.
"These decisions are just the beginning for PDSC and its shareholders. These types of aggressive moves is what it is going to take to get PDSC to the next level."
Translation: PDSC is on its last legs , we don't have any prospects now or in the future. We have to sell shares just to make payroll every month. This reverse split will help because we will keep Authorized share count as before will we dilute some more into the marketplace. But, the good news is we can pump and dump with the best of them.
HESGE down she goes where it stops nobody knows!
Looks like HESGE is headed for triple 000's.
80% + APR on loan rate.
On February 14, 2007, the Registrant entered into a Convertible Promissory Note (the “Note”) with Sabana Investments LLC for the amount of Five Hundred Thousand Dollars ($500,000) and an interest rate of Twenty percent (20%). The term of the note is for ninety (90) days and matures on May 15, 2007.
As of the date of this filing, an amount of Three Hundred Fifty Thousand Dollars ($350,000) has been funded to the Company and the remaining amount of One Hundred Fifty Thousand Dollars ($150,000) is not expected to fund.
The difference in the interest to be paid is from One Hundred Thousand Dollars ($100,000) to Seventy Thousand Dollars ($70,000).
You are correct:
CMP, under the terms of its agreement with Celador International/2waytraffic, will produce and broadcast a minimum of 104 episodes of “Who Wants To Be A Millionaire?” over a period of 12 months beginning third quarter 2007. The agreement includes a mutual option for production and broadcasting to continue for a second year thereafter. CMP expects to begin closing advertising contracts once it has concluded agreements with all key broadcast distribution channels.
I thought HESG's PPS would stabilize at $.006 until news. How low does this turd go?
10K needs to be filed soon or they will receive the dreaded E as in HESGE. I guess price wouldn't fall much lower than it already is even if it occurs. How long does it take to put together a reverse split anyhow?
Yes,
Billions upon billions...maybe tens of billions shares out. You're welcome in advance.
HESG is alive !!!! I knew someday FRED would be the savior of this Company. Did you ask Fred when those 2 lb baker's bags of Shugr will be available for consumers?
Strongus I like you are you have a never say die spirit...glass is half-full type of mentality.
I'm sure Fred T will announce a big collaberation with a huge multi-national any day now. Keep the faith!!!
I'm guessing .004 PPS tommorrow on about 5 million shares trade (though could be more volume than today). Remember, it's only a paper loss until you sell.
I agree that Gold was the only reason to have anything invested in HESG at this point. Fred T has been a complete failure up until this point. Now he has no Hesg share price to pay the bills with.
Another negative of reverse mergers is the acquiring Company usually ends up with 80 -90% of the new shares created. Thus old HESg holders would only get 10 - 20% of entity at most.
You apparently never liked the Red tea idea? They apparently had recent annual sales of around $1 million. Compare that to only $50,000 for HESG product sales.
The current assets included their product inventory of 54,000. They could sell off the rights to Shugr, Sequesterol, Aplevia, etc. That's what I would have done and completely switched over to red tea with Gold in charge.
Anybody hoping for a reverse merger is dreaming as HESG is currently not a "clean" shell as in NO assets or liabilities. Hesg has 67,000 in current assets and 5.1 million in current liabilities.
My guess is that tommorrow we experience more volume than today in HESG as the news is further disseminated.
Maybe Gold will write a new book and include HESG as part of a chapter.
I guess the frog is in search of a new pond. Interesting where or what he gets into next...
I can't imagine what kind of volume and share price downdraft beyond what it is now we would have experienced if PR was issued and everyone realized Gold and Kalahari are history.
Dilution will occur to stay in business without any revenue coming in before a R/S occurs. I would have tried to sell off some thier assets (Aplevia, Sequesterol, etc ) to help raise money for this merger. My conspiratorial theory is maybe Gold somewhat sabotaged this merger after re-evaluating the situation and what were the possible remifications on his inspirational speaking business if HESG was not successful with his name associated with it.
Hesg now only has Fred T at the helm. He has been a complete disater for shareholder value. How much diultion is HESG going to experience now anyway to stay in business at these prices. I still can't believe with Gold's connections that he couldn't raise $1 million to finance deal. He came to Hesg when price was over $.15 to what it is today....
Where does the Company go from here? The were selling HESG shares to pay bills before Gold came along. I would rather have Gold on board with Kalahari and another 50 Million shares out or so IMO. At least they have a chance to grow a Company with revenues in the $1 million range I believe. Shugr and Sequesterol have only brought in $50,000 revenue or so with multples more than that in expenses. I would have tried to sell off some of their assets to raise cash for this Kalahari merger if necessary and perhaps change to red tea sales exclusively. There would have been share payouts to original Kalahari owners but they would have reached specific revenue/earnings milestones. I guess the only hope here now is a reverse merger with NO cash payout which I guess is what the market is pricing Hesg value at now.
The salvation for PDSC...I guess not as new rules are voluntary.
http://news.yahoo.com/s/ap/20070312/ap_on_he_me/food_safety
Yes, he will use some of the money to find new sucker shareholders to sell the shares too.
I wonder if somebody will call into Karny's next MN1.com interview and ask him about the A/S going to 100 billion.
The shorters sure have been working overtime on PDSC according to Karney.
Dec 13th-2006 Produce Safety and Security International Inc. Receives LATEST NOBO List
Produce Safety and Security International Inc. (Pink Sheets:PDSC), ("PDSC"), a sanitation disinfectant process supplier to the food and medical industries, is pleased to announce that the company has received the Latest Non-Objecting Beneficial Owner ("NOBO") list and is reviewing it for action against the shorters. This document has provided PDSC valuable information to proceed with legal proceedings.
The company is proceeding with action to protect the PDSC Shareholders and the value of share price.
"PDSC Audits are being prepared for the 2 years for the proper year end filings by our securities attorney," stated Clarence Karney, Chief Executive Officer of Produce Safety and Security International Inc.
Hard to believe that Late June, 2005 there were 12 million out with 27 milion A/S after the R/S
Karney figures it is easier to fool shareholders by raising A/S and diluting then doing a R/S where shareholders will notice share price change.
Nice to know that this Company is finally going to produce some revenue and earnings LOL
June 28, 2005 - 7:01 AM EST
Produce Safety and Security International, Inc. Announces LOI to Purchase Facility in Arizona and Spherequat Products Distribution
Facility Will Provide a 9 Million Dollar Asset and Is Expected to Employ Over 400 Employees
Produce Safety & Security International, Inc. (OTC: PDSC) is pleased to announce that the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot facility in Prescott, Arizona.
Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility will provide a $9 million asset and is expected to employ over 400 employees. It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients, this facility will be the model for planned future Distribution Centers.
The company intends to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. The company's comprehensive program is a proactive approach to food safety and intends to offer a variety of products and services that provide safer food & produce products, better quality, reduce shrinkage, and enhance shelf life.
Karney announced that the company will immediately expand their use of the state-of-the-art EPA Registered Spherequat 1000 and 6400, a Cleaner-Disinfectant-Sanitizer-Deodorizer for hospitals, nursing homes, whirlpool, home, veterinary, restaurant, food handling and process areas, bar and institutional kitchen use and for sanitizing ice machines, to include a Ready-to-Use Spherequat 2525-200. The 200 series is an EPA Registered, Ready-to-Use 200 ppm quaternary active food contact sanitizer that is specifically formulated for use by personnel in food service establishments, homes, schools, institutions, industries, meat/poultry/food processing plants, dairies, bars, restaurant and cafeterias to sanitize hard, nonporous surfaces.
Many companies offer protection in the form of food contact sanitizers and disinfectants for both farm and dairy use, Spherequat 2525-200 combines both in their Disinfectant/Sanitizers. Brewers, bottlers, all food processors and farmers from both the food and beverage industry share a common requirement of a clean and sanitary operation for production. This is the focus of our team at PDSI! So, come join us! The PDSI technology gives you complete protection from the "Stable to the Table." The company invites all dealers and other users of sanitizers to visit www.foodsafeint.com beginning July 5th for product specifications and information on becoming a dealer.