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.
Obviously !!! So much for creating "shareholder value" !!!! Becoming a real POS !!!!
And can't say they are diluting !!!
YA must be doing "that thing it does so well".....Dumping !!!!!! How low can you go baby !!!!!
Anyone have the CEO's e-mail address handy? TIA
Ace of Hearts™ BBQ, is the new owner marketing for “The Good-One ™” brand line of products. Joe and Judy Roetheli, inventors of the popular Greenies® packed Dog treats, started Ace of Hearts BBQ Specialties to market a complete line of outdoor cooking supplies and cooking equipment.
The vision at Ace of Hearts™ BBQ is to provide innovative products that help outdoor cooks prepare delicious food, along with enhancing their overall barbecue experience. Goodwin industries of Burns Kansas will continue to manufacture The Good-One ™ line, which will ensure the same quality workmanship that has existed for nearly 20 years.
More info on Key Companies....some of this has been posted in some form or another.
http://www.bbb.org/kansas-city/business-reviews/internet-shopping/key-companies-and-associates-in-north-kansas-city-mo-99141817
In addition...when you look at all the POS CEO's..... this guy is where I want to put my money !!!! Interesting and amazing are two words that come to mind !!!!
http://officialfoodforthepoor.blogspot.com/2009/07/guyanese-village-built-by-dog-biscuits.html
Talk about misleading statements !!!
http://www.tradingmarkets.com/news/press-release/ttdzd_triton-distribution-systems-and-advanced-gold-technology-issue-joint-statement-on-falsity-of-signed--1478628.html#
Triton Distribution Systems and Advanced Gold Technology Issue Joint Statement on Falsity of Signed Contract
Really???? A Joint Statement????? Where pray tell !!!
Really...almost gone???? And you know this because???? Please enlighten us !!!!
I could live with multi-pennies with this....been in this as in "forever" !!!!
For a VERY LONG while, I might add !!! Can't find anything as to why though? Anyone else??
From the last 10Q....
"Common stock, $0.001 par value, 2,000,000,000 shares authorized, 54,491,449 and 51,624,725 shares issued and 50,921,018 and 48,054,294 shares outstanding, respectively"
Is that more like 100MM ? And now @ 550MM since September 30 ???
Yep....as they "squeeze" every last penny....out of your pocket !!!!!
Tom did respond!!!
Here are my responses to the other shareholder
Hello Tom,
I want to congratulate you and your colleagues for the recent announcements regarding new contracts and winning the small business protest. As a current shareholder I am excited about the future of where Homeland Security Corp. is headed. On another note I and other shareholders are quite perplexed and very disappointed as to why the stock price is so low even with your backlog, new contracts and profitability.
While we are reporting record results, there is some concern in the marketplace about whether government contractors will have a dip in revenue due to federal budget cutbacks and the cessation of stimulus funding (which we have won a substantial share). We have continued to prepare for a more competitive market by diversifying our customer base and continuing to cut our overheads.
Currently your market cap is approximately one million dollars. How can this be? This is a hundred million dollar company, fully reporting and profitable. I see that you are a large shareholder with over 12 million shares. What I cannot understand is why your CFO and other officers do not hold any shares? It does show lack of confidence in the company in my opinion. Why are they not buying any shares or why has the company not been buying back shares? Would it not be a great return on investment with the share price trading at 2 cents? I hope that management feels at these prices HOMS is tremendously undervalued.
Fully diluted, there are 550m shares outstanding. . Our enterprise value is approximately $28m (550mx $.02 plus $18m debt). Over the past several years, we have seen multiples for government contractors decline so it is difficult to guage whether this enterprise valuation is reasonable or not. Our market cap on Yahoo does not reflect the preferred shares so its looks deceptively low We have been in discussions with many investors about refinancing the company but we must secure YA’s approval to execute any refinancing. Further, as we previously released, we have engaged investment bankers to look at all our strategic options including selling our portfolio companies
I also have read that YA Global can convert over 300 million shares through their Preferred H shares. As a shareholder I would like to know why they are not out of the picture yet? If I read correctly your debt with them is $18 million. I and others are scratching our heads why alternative financing has not been put into place especially with your current revenues and big contracts? The sooner YA Global is gone the sooner more investors will appear. These Cornell folks have got to go, they are toxic to your shares.
Looking over the financials I was quite shocked to see the Options Granted section. Is it correct that there are over 83 million options that can be exercised at 5 cents? This is very excessive and portrays management with little faith in the company and taking the opportunity to dilute as soon as possible. If I was an institution looking at this I would not touch this stock. 1 1/2 times the O/S? Why not restructure this and have them exercised above a dollar? Does management not believe the stock should be trading much higher?
An option over hang of 15% is standard for most public companies. This is what our overhang is relative to shares outstanding (83m/550m)
Finally, I think it would be in the best interest of stock holders for HOMS to use a transfer agent. With YA Global being able to convert their preferred shares without filing Form 4's it is even more important to have very accurate updated share counts. This stock does not trade like a 54 million o/s stock should. There are shell companies and bankrupt company stocks with 10 times the market cap and share price of HOMs, something is happening behind the scenes in my opinion. Transparency is crucial and I believe a reputable TA is the way to go. I hope for eveyone's sake the 54 million o/s is accurate.
We do use a transfer agent (Worldwide Stock Transfer) and all YA transactions are fully reported
"We are focused on creating long-term shareholder value by taking controlling interests in and developing our subsidiary companies through "superior management", operations, marketing and finance."
I hope the above statement still holds true Tom as my share value has eroded away. I look forward to the 10Q and the future of Homeland Security Corp.
Thank you for your time.
Just how sweet would it be for this company to do a "GWAY" ????
Hopefully he will..read it...and perhaps, at the very least, a subordinate will respond? Yet, if he is concerned about his shareholders....he should respond !!!! IMO
I agree completely with you. Sent an e-mail as well just now. If he ,in fact, is true to those published words of "We are focused on creating long-term shareholder value"......I would expect we should get some kind of response !!! We shall see !!!
I agree completely with you. Sent an e-mail as well just now. If he ,in fact, is true to those published words of "We are focused on creating long-term shareholder value"......I would expect we should get some kind of response !!! We shall see !!!
It will be interesting to see what kind of response you get !!! You pretty much cover "shareholder" concerns...for sure. I'll ask him to elaborate on this via e-mail now..........."We are focused on creating long-term shareholder value by taking controlling interests in and developing our subsidiary companies through "superior management", operations, marketing and finance."
I called as well and "they' said.....he was out golfing today !!! Interesting !!!!
WOW !!!! "Somebody from my group".....boy if ever a reason to "load up"...that takes the cake !!!!! NOT !!!!!
.044 x .048
LOL....like I said earlier....It will be entertaining !!!!
Perhaps the diamond mine will be financed through the "Mongolian Hedge Fund" on this "opportunity" !!!! LOL !!!
One never knows as the "soap opera" continues !!!! heh heh
Any bets it's the one on E-Bay??? LOL !!!
Gregory Lykiardopoulos is gonna try to put on a little magic act here this week.
Next will be this, after the 'gold profits" ????
http://b2b.tradeholding.com/default.cgi/action/viewtradeleads/tradeleadid/180396/subject/Diamond_Mine_For_Sale_South_Africa/
What will will "we" do, you ask when this happens ??
What are you guy's going to do if the PR hits that "announces the beginning of the $3,000,0000 stock buy back program.
IMO seems logical that this is an announcement coming down the road from TTDZ.
Probably laugh....since that "news" will, no doubt, be followed with "Oop's we meant to say "reverse split"...as history repeats itself for the 3rd time in 9 mos. IMO
"Gregory Lykiardopoulos is gonna try to put on a little magic act here this week. He's gonna try a little misdirection. He'll astound you with stories of “2,000 tons of tailings” and dazzle you with official-sounding statements like “Chinese partners are processing next week the initial agreed upon investment in Triton to support Triton's operations”. He might even try to cut into a few “Bashers” for you. He'll have no evidence, mind you, none . . . but it will be entertaining.”
I kinda like this one Furniture and Equipment of $4,930,992....Must be one hell of a Condo !!!!
Boy they are loving you over at ACTT !!! BTW, the e-mails on the subject are alive and well today !!!
OMG...when you look at item by item...the first word that comes to mind "Fictional" !!! But it does make me think I should have paid more attention in Accounting 101 & 102 !!!! LOL !!!! Those "general accounting" classes have a whole new meaning now !!!!
LOL.....sounds like a plan !!! Have a great day !!!!
Truly amazing...40MM !!! Must be that formal education with knowledge in "general accounting"!!! BTW, I know a bridge for sale in NYC !!!
You and me both !!! I know the SEC recieved a few complaints after those 2 "buy backs"("because reverse splits are bad for shareholders", quote un-quote) that became reverse splits last year !!! So, I would think there are "eyes" on them.Yet, I'd hate to see it get haulted before I have a chance to "unload/dump" my 8 shares before it hits "dollar-land" !!! Want to at least cover the commission !!! LOL !!!
LOL.....A few here would probably disagree with you on the unethical aspect of the “great leader” but should those financials ever be released as “audited” and match those “unaudited” ones.....I’d be looking very, very closely as to who did the auditing !!!! IMO
PS. As a sidebar....whoever they might be, should it ever come to pass....I wonder if they will have a phone number !!!!
Seriously...you get two for the price of one !!!! What is so impressive is this "Mr Lykiardopoulos has a BA in business administration and knowledge in general accounting." Can't ask for more when your involved in a multi-million dollar deal !!!
Priceless !!!!!
"It is imperative to note that any financial reports that are posted publicly will be first audited by the outside accounting auditing firm. Since this is a very delicate process that will reflect on the success of the company, management wishes to be very careful and give the auditors the necessary time needed to fulfill all reporting correctly without any errors."
"The person responsible for preparation of the unaudited financial statements contained in the Information is Gregory E. Lykiardopoulos, and Mr Lykiardopoulos has a BA in business administration and knowledge in general accounting."
Bingo !!!! Except its's "he" that is behind it and it's "sipping" back in Greece......while working on those "audited" financials....for Monday's PR !!!