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Will it ever get back to .50
About a 900 to 1 reverse split should about do it.
Looking better today. Breaking above the 50 day of .0150. If we continue to get volume and close above the 200 day at .0160 the bottom is probably in and a turn to the upside would appear to be in place.
HH has never diluted for the enrichment of company insiders
That was a pretty good post and I agree with every word in it. Just let me comment, I still believe we are seeing some past issued shares still hitting the market. When a known diluting market maker sits on the ask with a 5 or 10K order and continues to dump hundreds of thousands or millions of shares, it's almost always dilution. That is still happening here.
Current sp tells the tale IMO
Your comments and points have been thrashed over and over on this board. Bottom line is this, revenues and profits are increasing and projections are for continued growth. If, and I do say if, we get the promised audit this time and it backs up latest financials, share price will take care of itself. Right now it is in limbo like a lot of watchers.
My point was R/S themselves don't break a company
I agree, it just breaks all the shareholders. In no way shape or form is a R/S a good thing for any pink...PERIOD!!
.0159 bids being bypassed and yet .0154 bids being filled...especially that 806K that's been sitting there for a few days...looks like the intent was to get that 806K filled (short covering?)
What is it with the shorts and short covering all the time? I'll tell ya what it was, that 806,000 share hit was my personal buy. I now have over 1.5 million shares. It was not short covering. I think the shares came from a source of dilution like shares issued in the past that were issued to cover some debt or pay an expense. I don't think they could resist that big of an order and were afraid to lose it so they filled it. I should not have gotten those shares with where the bid/ask was sitting. If I was someone that had an order in between .0154 and .0159 and didn't get a fill, I would call my broker and complain.
At the end of this post you will find an order confirmation email I get from Ameritrade after a fill. This should prove my word.
As far as the chart goes, that .0154 tests but does not break a Fib. 50% retracement which means this pullback could be over, or at least very close to it. Also, we had a long-legged Doji after a big red candle which oftentimes signals a turn-around. The Doji bounced off the 200 day and turned back up. I'm not predicting an up day tomorrow because this could consolidate before testing the .02 cent level. That said, another test in the .015 area and then up wouldn't surprise me. But that's just a gut feeling.
TD Ameritrade, Inc. Courtesy Fill Notification
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Account number ending with: XXXX
Account owner: XXXX XXXXXX
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For your order to buy 806000 shares of HHSE at 0.0154 limit, good for today:
You bought 806000 shares of HHSE at $0.0154 on 01/15/2014.
--------------------------------------------------------------------------------
Please refer to order number 10276290917 when inquiring about this order.
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Thank You for choosing TD Ameritrade for your investment needs.
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extreme desperation to cover before imminent MAJOR NEWS is dropped
If there were any shorts in this stock, (which there isn't) and they were desperate to cover like you suggest, then they would be forced to buy the ask because that's how you cover a short position if you are desperate. There were over a million sells today (fills at the bid) and under a half million buys at the ask so there goes your conspiracy theory.
I have posted many links to back my posts negating any short position in this stock of any magnitude. I cannot stop anyone from thinking what they want, but the proof is in the sites that track short positions in all listed securities, pinks and OTC stocks.
As I posted yesterday, this stock was due a pullback. It was not my opinion because I am not smart enough to know what's gonna happen tomorrow in any stock. That said, I have years of chart reading experience along with an understanding of Fib. retracement points. I only predict what I believe the chart is saying and I usually explain what I am seeing.
Today, we completed a .382 Fib. retracement at .0162. Since the stock broke below .0162, I expect it to at least do a 50% retracement which would take it to .0152 which I posted yesterday to the dislike of several, sorry bout that. Both the 50 and 200 day moving averages are at .0150 which will lend additional support at the 50% Fib. point making for solid support. After this retracement is done, it will move higher testing and retesting major resistance at .02 till it breaks above and clears .02 resistance. It will then test recent high of .032 seen in July. That is next major resistance.
Company action will override chart technicals.
Not too much overrides technicals. That said, the stock has had a really nice run slightly over 76% in 5 trading days. How much more do you think a stock should run before a pullback? A pullback is healthy, it allows additional strong hands to enter and shakes the weak out. Then, after it recovers, the weak chase it back up and push it higher again. We actually need a pullback. I really like the chart now. It has traded up from .011 on heavier volume which means stronger support as the stock trades higher.
A pullback isn't a buzz kill as you suggest, it will only be resting and gaining strength for the next move higher. It will need that to clear .02 resistance. If it doesn't pullback and rest, it will eventually crash and burn.
RSI has not even entered the Power Zone, lots of room to run
I agree, just not in the near-term. The stock has run from a low of .011 to .0194. That is a run of 76% in just 5 trading days. I bet it don't go much higher with .02 cent resistance staring at us. Just look at past trading. That .02 cents is brutal resistance. Even if it trades through it and closes above it, history (the chart) says it will trade back under and close below it a few times before it successfully clears it. The RSI is one of the few indicators along with MACD that hasn't turned or topped yet. But, they are lagging indicators, especially the MACD. The RSI tells you where the stock strength is now, not where it will be tomorrow. We'll see, won't we?
Also, there has been more selling than buying. The bid is being hit more than the ask, that's why it was down most of the day. That selling pressure will add to the .02 cent resistance. This stock will go higher, just not in the near-term IMO.
This is only the beginning! .02 will be support very soon
Possibly, but maybe not. The chart looks great except for one thing. There is massive resistance at .02 cents. Look at the link I posted and look all the way back to July, Aug. and Sept. We probably will not bust through the resistance first try ot two. There's just been too much selling for any near-term huge move. I expect a 50% Fib. pullback to around .0152 and then a bounce back to around the .02 cent level, testing .02 cents several times before it clears and continues upward.
This run has about topped out anyway. Stochastics are topped and looking to turn down along with several other indicators, see first link.
The second link shows the CCI is topped and is as high as it was when the stock topped and turned at around .03 cents. Also, second link shows how the stock has pushed through and closed above the upper Bollinger three of last four days. Any good chart reader will tell you when that happens the stock is usually ready to top and turn. I have been reading charts for many years and usually post accurate results. No one is ever 100% right, but I trade big board stocks using the chart and it rarely ever fails me.
Now, the upper reading is for the near-term only. Longer-term the chart is telling me the stock wants to go higher once it breaks above and clears .02 cent resistance.
For those that thought you missed the boat, put your orders in at just above .015 (50% Fib. pullback area) and hope for the best. Tomorrow should be interesting.
http://stockcharts.com/h-sc/ui?s=HHSE&p=D&b=5&g=0&id=p30632652028
http://stockcharts.com/h-sc/ui?s=HHSE&p=D&b=5&g=0&id=p51167620413
All of a sudden, I'm liking this chart. Today put us over both the 50 and the 200 day M/A's with increasing volume which is of the utmost importance. MACD has crossed and confirmed and stochastics are looking like a shuttle launch. RSI is approaching the power zone and is looking great. If volume continues, we could very well have a nice break out.
http://stockcharts.com/h-sc/ui?s=HHSE&p=D&b=5&g=0&id=p81362654432
Mr. Marty, I sincerely hope you are right. I am long this stock 750K shares. I know my posts sometimes suggest otherwise, but I am a no BS kind of guy. I do not hype the stock or company and I do not predict ridiculous and baseless future share prices like .05 by SHM or .10 or 1.00 by who knows when.
There isn't enough accurate and documented financial information on this company yet to make any share price predictions until the company releases audited financials which include up to date sales revenue, operating profit and net profit, actual margins, earnings guidance, accurate product release dates and guidance and finally the actual debt load. We need to know if business activity exceeds the expenses, costs and taxes needed to sustain the activity and at what rate the company is growing.
There's a lot more involved that I have not touched on. I know this because I am a business owner with 15 employees. It's not easy to make money in the real world.
The above is why no one can accurately predict a future share share price based on available info. Any attempt to do so is no more than pure speculation.
I missed absolutely nothing. 6.2 million is all that would probably have hit the market. Fred and Eric have been sitting on their 10 million shares for a while now. Anyway, those shares are not being removed from the float because they never hit the float, or market. They were restricted to date. So really, we'll feel no effect from that news. The only effect will be that they will (the 6.2 million) never hit the float. Eventually, Fred and Eric will reissue themselves those 10 million shares as they had previously voted themselves those shares as a bonus. They only expired, they have with no restriction not to reissue.
as soon as news said there is NO DILUTION, and in fact, OS is being reduced by 16.2M shares
The news I read didn't say anything about no dilution. It just said:
"a Debt Conversion transaction, entered into last August with Greenwood Finance Group, LLC, has been terminated, and a total of 6.2-million freely-trading shares will be immediately returned into Hannover House treasury stock (and thus removed from the market."
That's only about 1% of outstanding shares actually being canceled. That's practically nothing when compared to about 580 million outstanding. The 10 million officer bonus shares being retired will eventually be returned to them and cashed in.
I'm not sure you guys are totally getting it. The outstanding share base does not have to go up for there to be dilution. The damage was done previously when the company issued shares for debt and services. That dilution is already in the outstanding share count but not all of those shares have hit the market yet. I'm sure some of the debtors are sitting on their shares waiting for higher prices or perhaps some other reason.
Some seem to think the recent down volume of millions of shares are the work of shorters according to some silly short report that could not know actual shorts or regular sells for three days until they clear. But when you have an M&M or M&M's that sit on the ask at 5 or 10 thousand shares and sell millions, that is a dead dilution give away.
One poster suggested that the shorts will have to cover soon before those shorted shares show up on sites that count them. Well, that time is coming. Short positions and total shares are tracked and counted every two weeks. The first and the fifteenth of each month new totals are posted. So, that means we will have to see a few big up volume days before the 15th or those shares will have to be counted. The new numbers will be made public about a week later. When there are no big short covering days before the 15th and the sites say no shorts, then what will the excuse be or will it just be ignored like it is every month when nothing happens and the sites that track short sales say the same thing, no shorts in this stock.
To be continued!!
It isn't managements fault if there are delays in movie filming, audits, form 10, or releasing of movies and or books into stores. It just ain't their fault!!!
Have you ever noticed that intelligent people seem to have more money, more time and a lot more success which includes less delays, broken promises and failures to deliver?
CHDN is sitting there diluting like crazy. 1.3 million and counting. Anyone thinking he is a short is sadly mistaken. To short a penny stock one has to pay a bounty of $2 or more per share for security reasons. That means in order to short 1 million shares of HHSE one has to secure the trade with at least 2 million dollars before he is allowed to short those shares. Don't listen to those who are telling you those shares will eventually have to be bought and covered, ain't gonna happen! The OTC shortreport is bogus. There are no shorts in this stock. See the links I post for proof.
This CEO has sold us down the river. Looks to me like he is paying daily expenses with diluted shares. Not saying this can't get better, but right now we are being suckered and shafted.
Short squeeze dot com shows 18,800 shorts.
http://shortsqueeze.com/?symbol=hhse&submit=Short+Quote%99
Nasdaq shows no short interest in this stock.
http://www.nasdaq.com/symbol/hhse/short-interest
CHDN has just moved off the ask, so perhaps the 1.4 million diluted today is enough for them. We'll see!!
OTC markets shows 18,797 short shares in this stock
http://www.otcmarkets.com/stock/HHSE/short-sales
How can OTC markets show virtually no short interest and the OTC markets shortreport say differently? I'd say the proof is in the links I have posted. Use your own judgement.
Just because there were 90% buys means absolutely nothing. You should do some research on how the market works. I don't think your understanding of it is very clear. It is not as you call it, "silly puppy games" it is purely market dynamics. The market acted exactly the way it was supposed to according to the rule of supply and demand.
In the case of today, the new market maker that showed up (don't remember the ticker) and lowered the ask sat there with a 10,000 share ask at .012 and diluted all day long. Someone was buying the dilution, it's as simple as that. It could have been a 100% buy day and the price would have not gone up. It's not buys vs sells, it's all about supply and demand. If there is a lot more supply than demand the price will crater. If demand is higher than supply, the price will rise.
This wonderful CEO continues to either sell shares directly into the market or he is still buying and paying bills with our money. As he dilutes, our share value erodes, does everyone understand that fact? Eric is picking our pockets and giving nothing back. All he has done since I've been here is talk the talk and fail to walk the walk. I'm hoping things change. That hope is based on rising revenue and irons in the fire.
The question, or demand every shareholder should be asking is SHOW ME SOME REAL PROOF OF YOUR PAST AND RECENT EMPTY TO DATE PROMISES. Till that time, his word is gibberish with me.
I am not wrong, the word "review" does not change the meaning. The PR stated they would review and discuss "completed" audits at the SM. But if they are not completed, there will be nothing to review or discuss. The way it's worded, it will not be a lie if there is no completed two year audit to discuss.
Anyway, what's your point? That post was based on my opinion and the absolute fact this CEO has promised a completed audit now for about two years on many different occasions. He has failed to deliver that audit to date and has disappointed many shareholders. All one has to do is read this board to realize that fact. Because of the fact that this CEO has failed to deliver an audit in two years of promising, I highly doubt he will deliver in February. Again, I hope I am wrong but I have no faith in Eric Parkinson or Frederick Shefte. I am stuck here holding 750,000 shares with an average of .01498. I am hoping I can some day sell this garbage for a profit. Those predicting .05, .10 up to .25 cents a share are dreaming as far as I am concerned.
Happy holidays everyone. Drive sober and save some lives.
Merry Christmas to you too. You got a member mark for that post.
Wow, up today!!
That's almost as incredible as molasses running up hill in January in Alaska! Where's the party?
Looks like mother goose will lay a golden egg for shareholders
I like your enthusiasm and I hope you are right. I like this company and what it has going on. But, I dislike the CEO as he has proven over ecstatic and unreliable way too many times.
Now that I have established that I do like this company, just let me add that so far, this stock sucks at best. There is not enough volume and because of that the consistent but not overwhelming dilution that the company has caused by issuing shares for debt and bills has driven us down from .02 to just above .01. The stock bleeds red almost every day. I feel for those that have been suffering here for a year or more holding in hopes of one major accomplishment that this CEO can get done.
I hope I'm wrong, but I do not see the complete two year audit being completed by the SHM. The wording for this subject was; There would be discussion of completed audits. Now, that only means the company will discuss completed audits at the SHM. But, what happens if the two year audit is not completed by the SHM. If this is the case, he would not have lied the way he worded the PR. Those of you that expect the audit to be complete better be ready for a surprise. My guess is the audit has about a 10% chance of being complete by SHM. We have no confirmation or PR that I am aware of that states they hired an on-staff accountant familiar with this type of audit like they said they were going to do. They've had plenty of time to do that. My guess is this company only wants to audit years 2012 and 2013 so they will delay the audit accordingly. If I'm right, that means they have a lot to hide before those dates. It's the only thing that makes any sense to me at all.
The above is my opinion only. Although I am not wrong very often, I hope this is one of those times. I hope the audit is complete by the SHM.
We going back down to the triple zeros again.
I don't know if that will actually happen, but if the dilution by CSTI, VERT and VFIN doesn't stop, it could happen. Our crappy CEO has sold us down the drain by paying bills with shares and they are hitting the market now and for the last month or more. That's what has dropped this stock from .02 to almost .01.
People don't understand what crooks these penny pumping CEO's really are. Not saying there isn't potential here, but the CEO intends to take full advantage of every penny he can squeeze outta us holders. I trust this company about as much as I trusted the Soviets during the cold war. Everything in this post is a fact, not opinion.
Damn, people still thinking this thing will become something
LOL, I'm one of them. But, my thinking it will become something has turned to hoping it will become something. The potential is here but there are a lot of company's in the same boat that never amount to a damn thing.
LOL, I guess you just don't get it.
Watch the bashers come out in force to make sure they get shares at the bottom here just as the company is making a turnaround and progressing forward
If that was really the case, then why doesn't the share price start moving up? I was a shareholder during the spike. I wanted to hold but experience in scams like this prompted me to sell before it crashed. I had 1.2 million shares and got out with a small profit of about $300. Glad I did too, look at where it is now. You guys are all bag holders. Any increase in volume will only be additional dilution. Luck with this one..
He's raising funds alright, for his pocket.
Not if the selling is done
LOL, the selling will never be done here. Anyone stuck here will lose money. Get out if you can.
The company had 130 million shares outstanding on October 24th and 180 million on Dec. 06. That's 50 million shares dilution in 6 weeks. Shareholders are in real trouble here.
Smart money is enjoying watching the silly walk-down games, ready to pounce on the even cheaper shares and take the pps back up in a NEW YORK minute..
I can't believe some of the stuff posted on this board. To start with, there is no smart money buying this stock as you claim. When a stock dives like this one has last two days on much heavier volume than it goes up on, it is probably smart money selling. To that extent, I never heard anyone like Bill Gates, Warren Buffet, Larry Ellison from Oracle, Chambers from Cisco or any self made stock millionaire ever say they got rich or even made a dime in some silly penny stock. Peoples' opinions (imagination) on this board are astounding.
I read predictions of possible takeovers, 10 cents by end of Dec., explosion coming because NTEK exploded 10,000% so we will too, a quarter by shareholder meeting ETC, ETC!! There is absolutely no basis for any of that silliness other that pure conjecture.
What will the audit do? Probably not a darn thing. It will show how poorly this company has done in the past two years and it will qualify all of the actual debt owed. The audit will do nothing more than confirm past filings. Then we will get the guys that come on boards like this and say, "I told you this was a POS company!"
Well, is this a POS company or not? My guess is, it is not. I think the last 10Q filing had a lot of promise. It showed great potential and reduced debt. The stock price should be based on forward projections rather than past events or future audits. I believe the last 10Q was accurate and truthful. I do not believe we need all the hype and silly predictions of this going to the moon.
Presently, we are at an 8.4 million dollar market cap which is undervalued based on future revenue and profit projections. That said, the company has a ton of debt yet to either convert or pay down. They can't convert much more without raising A/S. Therefore, are we really undervalued based on total liabilities? I do not know as I do not have the time to dig deeper as I run my own business on a daily basis. But, if this company continues to grow at a revenue pace of the last few Q's, this could get interesting.
Now, to my point; I do not believe we will see .10 or .05 or even .03 cents anytime soon. But, I do believe the company will slowly grow into something well worth holding. Just don't expect miracles anytime soon.
Edited, see bottom of post HHSEwealth.
I am long this stock. I have 750,000 shares so I do wanna see it go up from here which it eventually will.
That said, I absolutely hate false info being posted on boards like this from people that can't quite seem to get it right. I posted to you before that there is dilution going on but it doesn't seem to have sunk in. Now, this company has settled some debt by issuing shares to debt holders. It's in the filings which I posted a link to before. It's not a huge amount but it is enough to put a dent in a run. I don't think they are diluting directly into the market but the debt holders are selling. The company recently lowered the authorized shares from 700 to 600 million shares so once that number is reached the dilution will stop. I highly doubt they raise that number again anytime soon.
VFIN is a known dilutor, he was on the ask several days. Another known dilutor is VERT and VNDM who was there today. Those are three of the best known dilutors. They will under cut the ask and sit there with 10,000 shares and sell thousands upon thousands and then leave. They will come back when they see a little volume. Eventually, they will be gone when their shares are sold.
Here is a complete list of known dilutors.
Top Retail Dilutors: ACAP, AGIS, BAMM, BMIC, CHIG, CLYP, FANC, FRAN, JIMK, MAYF, MERRI, NATL, PERT, PUNK, SACM, UCAP, VERT, VFIN and VNDM.
I only have one post per day on this board. Seems I'm too hard on people.
As far as that OTC short report goes, I have no idea how they come up with those bogus numbers. That said, again, all sells are considered short sales until they are cleared at which time normal sells are sorted from the shorts and that info is reported to the exchange the stock trades on. Most penny stocks are not shorted due to cost and risk involved. Shortsqueeze.com, Nasdaq and other sites accurately track that info and update it every two weeks.
that last ten minutes tells me that there are some worried shorts trading here
There are no shorts in this stock. According to OTC markets, there are 1700 shares short in this stock. According to Nasdaq site there are no shorts in this stock. Shortsqueeze.com says there are 1700 shares short in this stock. FORGET THAT STUPID OTC SHORT REPORT, IT IS BOGUS!!
I have explained on this board that all sells are considered short sales until they clear in about three days at which time the code sent to the clearing house determines the actual regular sells and actual shorts. At the time of any transaction, only you and your broker know if you sold or shorted a stock. The sale or short sale shows up as a sell on the M&M's list. Even they do not know if the transaction is a sell or a short.
Now, the confusing part to most people is the fact that all sells in any stock are considered short sales until they clear in about three days. That's where the OTC garbage report comes into play. At the time the trade clears, most of those trades will be normal sells that's why they do not show up on any list of the sites that track real short interest, see links below.
http://www.nasdaq.com/symbol/hhse/short-interest
http://shortsqueeze.com/?symbol=hhse&submit=Short+Quote%99
http://www.otcmarkets.com/stock/HHSE/short-sales
even the silly puppy games of VFIN and shorting 1.4M (46% of vol on otcshortreport.com)
See links at bottom of page.
Man, you just don't get it. According to iHub numbers, there were 1.8 million buys and 1.2 million sells. Buys are trades at the ask or close to the ask and sells are trades close to or at the bid. I ask you, how could there be 1.4 million shorts on a total of 1.2 million shares sold? So you are saying there were no sells today, only new short positions? You have to learn to think things through. As I have stated before, there are no shorts in this stock. According to OTC markets, there are 1700 shares short in this stock. According to Nasdaq site there are no shorts in this stock. Shortsqueeze.com says there are 1700 shares short in this stock. FORGET THAT STUPID OTC SHORT REPORT, IT IS BOGUS!! I don't get why you cannot understand what I have tried to teach you in the past? I'll try and explain it one more time.
I have explained to you that all sells are considered short sales until they clear in about three days at which time the code sent to the clearing house determines the actual regular sells and actual shorts. At the time of any transaction, only you and your broker know if you sold or shorted a stock. The sale or short sale shows up as a sell on the M&M's list. Even they do not know if the transaction is a sell or a short.
Now, the confusing part to most people is the fact that all sells in any stock are considered short sales until they clear in about three days. That's where the OTC garbage report comes into play. You just have to educate yourself in the workings of the market. At the time the trade clears, most of those trades will be normal sells that's why they do not show up on and list of the sites that track real short interest.
Now, for VFIN. They are not playing silly games. They are one of the M&M's that dilute, period!! That's what they do. They sell shares from sources that were issued shares from HHSE for debt or some other payment obligations. They can sell shares from the company direct to the market. I do not think that is what is happening. I think it is debt payment shares as follows from the OCT. 23rd board meeting:
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=112154
Once those shares dry up the dilution will stop and VFIN will be gone. There are more to go but they will not really hurt us because they are shares going into the float and not shares increasing the outstanding share base. Anyway, we are getting close to the authorized shares of 600 million. HHSE recently reduced the authorized from 700 to 600 million so I expect all dilution to stop once we reach that limit in the next few Q's.
http://ih.advfn.com/p.php?pid=trades&symbol=HHSE
http://www.nasdaq.com/symbol/hhse/short-interest
http://shortsqueeze.com/?symbol=hhse&submit=Short+Quote%99
http://www.otcmarkets.com/stock/HHSE/short-sales
AMAZING share structure here! no dilution real products
I am long so don't think I am bashing, I just don't sugar coat anything. That said, they are either diluting or shares that were used to pay some debt (see recent board filings on OTC web site) are hitting the market. I'm thinking the float is getting bigger at least but perhaps not the outstanding shares. The company may not be diluting but someone is selling through VFIN. That's what they do, they sell shares not held by normal shareholders. When you see them sitting there at 10,000 and a hundred K doesn't move them off the ask, you cannot deny what they are doing.
I don't think it will really amount to much but I can see a few million being sold by them. We are so undervalued it won't really matter much. The only problem is when VFIN starts under-cutting the ask on a lighter volume day it could cause some rookies to bail which could start a short-term reversal.
Anyway,in my last post, I suggested everyone should stop complaining about what hasn't been done yet and focus on what has been done including the 5 million in revenue (and growing) we will see this year. As soon as that happened the stock started moving up. People now know the good far outweighs the bad here. People need to understand they only have a few employees but they are currently hiring so things will eventually gain momentum. Assets far outweigh liabilities so we are undervalued by that standard alone. Now project future growth and see what you get.
Have a good evening everyone. This is my one post a day on this board.
Instead of so many crying about what hasn't and what isn't and how long its been, how about looking around and seeing how many pink sheet company's actually have any revenues at all much less 1.2 million this Q and 1.4 million next Q and around 5 million this year. Then look at those same pinkies and measure their growth rate against HHSE's and then point to their products on Walmart and other retailer shelves. Also, don't forget that we are profitable.
While you're at it, why not count the average pinkies outstanding and authorized shares and see how their billions add up to our 600 million. In other words, cry if you must, but this company is doing a lot right considering they have only a few employees. Those of you that sit on your duffs and complain all day might try calling HHSE and offering your help for free just for something constructive to do.
The Q3 report shows a lot of promise and I think the stock moves up from here especially since the company projected Q4 revenues at 1.41 million. The audit which I think will be completed Q1 will really move the share price.
That said, your prediction of $1 by end of 2014 or sooner is wishful thinking at best. That would give us a 600 million market cap. Although HHSE is growing nicely, their revenue generation of just over 3 million this year and perhaps 5 to 7 million next year isn't even close to that of a 600 million dollar market cap company. HHSE's operating and free cash flow has a long way to go even before this sees a quarter a share. All you have to do is search for a few 600 million market cap company's and you will see what I am talking as far as revenue and cash flow generation. If HHSE sees 15 cents by years end we will have hit the lottery. Lets keep it real here.
LOL, many on this board have spoken the same BS about news tomorrow or news next week. You've all been dead wrong so far.
Those who are picking up a few shares here and there congratulations
MAXM is sitting on the ask at 70,000 and has not budged all day. There is obvious dilution going on even though it is a small amount considering. If we get news and volume picks up, the stock will move higher. A 10 million volume day would easily double the the price.
This stock is probably undervalued. I say probably because no one really knows what we are sitting on. Management says we are worth at least a dime. That said, what pink or OTC CEO would under quote the value of his stock. Usually they will over quote their share price value if anything. It is only their opinion. The market sets the value and always has the final say.
So what is the real value of HHSE's share price? Ahh, could it be the audit that puts a real value on this stock? Perhaps, but I have seen many stocks (company's) that were in deep debt that their share prices started moving and eventually skyrocketed on future potential alone, like an announced surprise contract.
Eric's blog is interesting but IMO it is just that, an opinion, nothing more. There is nothing official about that blog, it is just hearsay until we see an official PR of substance. I think audit news will move the stock, but actual revenue and profit is the only thing that will sustain any move this stock makes. Once actual numbers are proven, the share price will move quickly to its correct value, be that up or down from here. But, with all the irons that HHSE has in the fire, my guess is up, way up from here.
Note, I am only allowed one post a day on this board so I cannot answer any replies.
Have a great day all.
Correct me if I'm wrong, but HHSE is a pink sheet company which means they do not have file anything by any date.
what do you think the short volume will be today?
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