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1Q2012. You read the same PR I did so quit asking questions you already know the answer to.
HNSS
No one said it was a blockbuster PR.. they just said it wasn't the end of the world like you keep saying.
Keep up the stellar work!
Anyone find it odd that the bid and ask are BOTH .0007 and yet no shares are being traded?
If A wants to buy shares at .0007 and B has shares to sell at .0007, it seems like there would be a transaction taking place...
HNSS
Agree with everything you said, except this part
No, since most of the flipping has stopped there is not much liquidity today, hence, no point in buying. The great days to buy are when flippers bid whack and there is high volume on the bid. That is when I picked up my 6's and 7's and I'll do it again if they try to drive the price down again.
As to the rest of your post... Keep up the good work.
HNSS
The strong hands are resting now, and holding a lot of shares. The constant flipping and downward pressure provided an insane buying opportunity for those who believe in HNSS's future success. Now that most of the flipping has subsided, the longs can take a breather from picking off the flippers bid whacks over the past month.
So to answer your question, no...it has nothing to do with Black delaying the launch. In my eyes that is better than rushing the product to market and having it unfinished or unprotect (patents).
Keep up the good work.
HNSS
Keep up the good work.
HNSS
They are a small company making small profits. Why would any company use what small profits they have to buy back shares? The company is trying to grow, NOT inflate the share price for its investors (who do nothing but sit around and point fingers) to profit.
HNSS is going to use its profits to expand its business lines, JV's and investments which will beget MORE profits. That's how you run a business. Not by using your profits to buy back shares to make a few share holders while the company goes under due to lack of growth.
HNSS
I don't think the news is "rough" by any definition of the word, but thanks for your valuable insight anyway.
You call having to extend a schedule, deception? You must not have ever worked in industry because schedule set backs happen constantly. If the product isn't ready, it isn't ready. When its ready, we will know because they will launch it to the public the instant it is 100% complete.
Pockets, you know all this, and yet you still constantly berate Black and HNSS. Why? I'm still waiting to have a real conversation with you offline. ASimEE.iHub@gmail.com
We all want to see it, but if its not ready its not ready. You can't fault the company and call the CEO a liar just because they pushed the launch date back. You know what I did today? Told my client I had to move my project's completion date back two weeks due to delays at the manufacturing facility. You know what he said? "Get it done ASAP". He most certainly did NOT call me a liar. Things happen in business everyday that affect launch dates, time lines, budgets... you have to learn to adapt and make due or you will get eaten alive. If the MicroFill never comes to fruition, I'll be the first to send Mr. Black an angry email, but we all need to show a little patience before we call the company a scam or call the CEO and liar and a thief. New products are not built overnight, let alone a whole new business.
HNSS
Uh... The PR also had a disclaimer at the bottom that said, "Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Guess what? He told us actual results could differ and they did! Their current views changed, whether it be due to R&D, manufacturing, engineering, etc...MicroFill was not ready so they couldn't launch. So what? They are still working to get it ready to go and they will launch it when it is ready. Black has not lied, he has only extended his schedule because the machine was not ready. Would you rather have him launch a machine that is not complete or would you rather wait a couple months and get the fully functional machine to the market?
HNSS
You only think in term of share price which is based mostly on human emotion in the pinksheets. The value of the company, based on the financial reports, is more valuable than its current market cap.
While the price is driven down due to traders, flippers, doubters whatever you want to call them, one fact remains: The company is profitable and making money. No one can deny that and no one can say the company is not doing everything they can to be successful.
HNSS
AON orders still show up on L2. Mine always do. Somehow over 10 million shares traded at .0006 without showing up on L2
How is it that around 15MM shares have been traded at .0006 and there has been NO CHANGE in the lot sizes on the bid or ask?
Its like trades are happening in the shadows..
HNSS
Lack of patience in HNSS shareholders. That's the only problem I see now.
Don't be fooled by negative posts from purported longs. The new trick is to try and disguise negative, fact-less posts by posting as a "concerned long". They want to plant false doubt in your mind and make it look like the truth.
Many forces are at work here but the bottom line is the company is making a profit and the financials keep getting better, quarter over quarter. I am patient enough to wait and see what Black and HNSS brings next. I am confident that things will continue to get better and the company will continue to grow.
HNSS
An after hours trade showed up on my Etrade account. 2.5MM at .0009.
That's what I'm saying!
Exactly right!
HNSS
Because they are a scam, Pockets. Just goes to show you audited financials don't mean anything if the people leading the company are unscrupulous.
I have a feeling the float is already pretty locked up. If Black wants to repurchase shares, he would need the price to increase enough to warrant selling from long term shareholders. I bet its not easy to accumulate large blocks of shares down here without some help from the MM's.
We both don't have PM, but I wouldn't mind talking to you offline if you get a chance. Shoot me an email @ ASimEE.iHub@gmail.com when you can.
Thanks
From your post history, it looks like you have been in the stock since 2008. What makes you think it will go up to .01 - .02 in the next few weeks?
Or was this just in response to someone saying it would be at .0001-.0002?
HNSS
haha hundreds you say? My how the imagination runs wild.
HNSS
Where did you meet Black in person?
HNSS
He doesn't need an "excuse". The PR says at the bottom, "Things might change, and if they do this PR is invalid".
Things changed. He doesn't have to put out the disclosure and you saying he "promised" it to us just goes to show that you didn't read the PR thoroughly. He never promised it, and there is a clause in the PR that basically says "Plans can and do change".
I don't understand why you are so latched on to the disclosure. Its a done deal.
HNSS
Its pretty obvious to most people that nothing new has materialized with those conversations therefore, a follow up PR is unnecessary at this point.
When something new happens, Black will let us know. He always has.
HNS
No, it doesn't look like I need it. I'm not on the board asking for a pumper PR daily. Am I?
While a higher price is obviously a good thing, I want HNSS to gain that higher share price by increasing their intrinsic value. Not by generating a PR that creates a P&D scenario. Long term value is better than a quick P&D, especially since I invested in HNSS to see my investment grow along with the company and not because of a trumped up PR.
Thanks.
HNSS
Because we don't need it. It doesn't add value to the company, all it will do is artificially pump the price up and when everyone has sold their shares it will fall back down.
The company is working on adding actual value so that the price will go up to reflect that value and STAY up.
HNSS
More interest? Maybe. But we are not concerned with generating a pump and dump like you are.
We use our communication with Black to ask/talk about REAL issues with the company and how to build its value, NOT asking for ways to pump the price up so people can dump their shares and get out.
HNSS
I show the Acc/Dist. line increasing on my chart.
HNSS
Ok buddy. You're right.