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.
Also, remember that at the end of 2010, the 'Weighted Average" OS for 2010 was 170MM, which means the ACTUAL OS was much less than that.
For the "Weighted Average" OS at the end of Q1 to be more than 260MM, there are likely 300MM outstanding shares at this point. At least.
An honest, selfless, hardworking CEO deserves our support and admiration
Let me know when you find one.
It doesn't matter how much anyone buys when dilution is going on.
This is so fake. There is no need for the 'purchaser' to remain anonymous at this point.
In what world would a company solicit its shareholders to sell to an unnamed buyer? A crooked one.
Well, using the FACT that you are asking this question as evidence, I am going to say rumor.
Really, with a 20B+ market cap, they would likely be spending at least 30B to get this over. Why would MS throw 30B away just to own a hardware company? Look at the history, MS deals in software, and they license it to the hardware manufacturers.
They would hurt their licensing business by jumping in the hardware market. Besides, Nokia has already said that they will be switching to WP7 anyway.
More realistically, there is a 95% chance that the 'negotiations with a Fortune 500 company' that 'commenced', was nothing more than Black leaving a message for someone that never got returned.
The publicly traded company looking at a 'buyout' is likely SAFS.
Another interesting bit is the drop in volume from Friday to today. Definitely not what you expect from someone who is diluting, but that means we have gone through nearly the whole OS in 2 trading days.
Thanks. I still have an eye on this for some more information.
You're right, if he is being straight up. All I can say is that my average was in the high 004's and I took this opportunity to get out with less than a 20% loss.
I am past the point of 'trust me' pink guys.
I'm not saying it is, or it isn't. I'm just saying that there is an on going pattern of 'this person' or 'that person' wants to putchase your shares. These deals failed to go through before because people were not willing to sell.
The fact that no stockholders bit on the past buybacks gives them the perfect excuse to terminate whatever deal might be in negotiations because the company doesn't feel like it is 'fair'.
It certainly smells...
Remember: When the stock was at .02, the company wanted to buy shares, but not for very much.
US News was granted options for stock @ .015 and .030
When the stock was at .006-.008, US News wanted to buy shares @ .0125
Now the price was in the .0015 - .0020 range and a magic third party 'publicly-traded' company wants to buy shares @ .01
This is completely untrue. This single statement negates all of the good things you post here.
That would be nice, but with the timeline and everything, this seems like a stunt to jumpstart some action. Either way, 30 days
Don't get me wrong, if SAFS is the buyer, I feel like it could be one of the most brilliant moves that Black has made. It would consolidate his companies, force a SS evaluation on HNSS, and get things moving in the right direction.
'Publicly Traded Company' could mean anything from a F500 to SAFS. Don't get too excited. This seems like it is a way for them to excuse the fact that there is no disclosure coming out.
What will pumpers/longs say if the price tanks to the 000's?
These questions are completely meaningless.
Why is there any whining? That is the question. June 30th hasn't come and gone. It is the 20th today. A far cry from the 30th.
Um... He said this...note the bolded part.
I'd rather just not hear the whining when June 30th comes and goes w/o a disclosure
There wouldn't be whining if it hadn't been PR'd
I'd rather just not hear the whining when June 30th comes and goes w/o a disclosure
Because they PR'd that the disclosure would release during the 2nd quarter, not after.
Well, remember a couple months back when I suggested that maybe the MM's were shorting to each other and covering between themselves? If they do enough of this, it could cause investors to think that dilution is happening and panic-sell. Maybe they are engaging in the ultimate scare tactic.
Anyone have an answer about this?
That is a possibility Punk, but with that possibility you have to consider where all of these shares are coming from.
This is not a good comparison at all. If you want to say that the company isn't diluting, fine. There isn't any proof that they are, and the trades are still fishy and not making sense.
But please don't make it sound like a Pink stock with a decreasing pps,gagged (self or otherwise) TA and billions of more shares authorized shares is a situation that people should be happy about.
Think in terms of marketing an emerging Health Care company and your company came along with a value added 4 Billion line of unused credit at the bank.
That would definitely change the game. I would think that the MM's would catch on fairly quickly though. hmmmmm.
This is a lot to think about over the weekend.
That is what you are saying, not what he was saying.
If HNSS is buying back their float, wouldn't they be buying it back from us? In order for that to be the case, there are shareholders selling at these prices, and I don't see that happening.
I've been here WAYYY longer than you have, so don't start with that garbage please.
The shares are authorized, that is a fact. The company can sell them whenever they feel, therefore there are Billions of shares waiting to be sold. It will remain that way until they are all released or the company retires them.
Do some basic research for yourself please.
That is interesting... Not sure what I think about it at the moment.
If that were the case, why not just retire all of the shares instead of moving them to the OS?
You do understand what dilution is, correct?
No you can't, because your shares do not carry any voting rights.
I'm with you. Once we own all of the shares, we can put out our own PR's.
You need to pay more attention to the conversation.
It's called the authorized share count. They can release as many as they want at ANY time. No questions asked.
Good News. There are billions of them available.
It's looking more and more like dilution every day.
Could the company be selling to the MM's to cover their positions, with their long term plan being to buy the shares back off the market when it tanks to 000's?
That seems like a win-win for the company
If they came from retail, it was probably lots of someones
I'm not sure which of these I believe, but it all goes back to the same question.. Shorts or Dilution. The Disclosure Deadline will reveal all
For instance, when the bid drops to .0016, the MM's can but all the shares that they scare out of people, but not post them.
People will see try to sell at the ASK of .018, not get it filled because the MM's are holding orders at the ASK and the seller panics and move their sell to the BID. The MM eats up those shares as well, but doesn't post them.
Or the company has recently started dumping water in the Kool-Aid in the months since they told Punk that they weren't.
You're right about that. But the return of the T Trades is still as much of a mystery as it was before.
It has PLENTY to do with HNSS.
This man, Douglas Cohn, ran a proven scam company that employed Michael Black in the early 2000's.
Now, nearly a decade later, the 2 have reconnected to play it again at HNSS.