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Dillution and Accumulation. Some investors will be sitting very pretty when the oil starts flowing.
News from 4/19
Harbor Island Development Corp. Launches New Print Marketing Campaign for the Dual Saw Destroyer Manufactured by Infusion Brands International
Harbor Island Development Corp. (OTCQB: HIDC), (the "Company"), through its wholly owned subsidiary BrandSeed Media Services LLC. ("BrandSeed"), a multi-channel direct marketing service provider, today announced that the Company will be launching a new print marketing campaign for The Dual Saw(R) Destroyer manufactured by Infusion Brands International, Inc. ("Infusion Brands") (OTCQB: INBI), a global consumer products company.
The BrandSeed team will bring its expertise to create a direct response marketing platform focusing on nationwide print advertising in newspapers and magazines for Infusion Brands newest product, The Dual Saw Destroyer. This test print campaign will be used to validate the economics of a planned future rollout to millions of consumers through BrandSeed's nationwide print-infomercial launch platform. The campaign will support direct sales and sell through at retail for Infusion Brand's partner retailers like Lowes, who have placed The Destroyer on in-store end caps in test markets nationwide.
Infusion Brands builds and markets brands through international direct-to-consumer channels of distribution. The company leverages direct response channels to satisfy unmet market demands and solve everyday problems, with an array of innovative consumer products that have potential to disrupt their categories with significant competitive advantages, features and benefits. With physical offices in North America, Europe and Asia, Infusion Brands has worldwide reach and capability.
Infusion Brands launched the Dual Saw CS Series through Direct Response TV (DRTV) in 2008 with an infomercial featuring the late-great Billy Mays cutting a car in-half utilizing Dual Saw's patented counter-rotating blade technology. The Dual Saw is today recognized around the globe by consumers as one of the most innovative products the Power Tool industry has seen in years. Hundreds of thousands of Dual Saw circular saws have been sold by Infusion Brands and its global subsidiaries. Leveraging this success, Infusion Brands has extended its award-winning innovation to the entire tool category with its newest flagship brand, Dual Tools(R).
"We are excited to have this opportunity to build the print channel for the new Dual Saw Destroyer and ultimately create a marketing platform to launch future Infusion Brands product innovations in their new Dual Tool line. The Destroyer is a perfect example of an innovative and patented product that offers tremendous value to the home improvement market. Our team has worked with Infusion Brands for many years and is confident that the new Dual Saw Destroyer will test well and build off the success of the original Dual Saw campaign," commented Chuck Anton, President and CEO of Harbor Island Development.
About Harbor Island Development Corp.
Headquartered in Chesterfield, VA, Harbor Island Development Corp., through its wholly owned subsidiary, BrandSeed Media Services LLC has brought together leaders in multichannel marketing for launching new products and services to market. BrandSeed's team brings years of expertise creating direct marketing platforms across consumer verticals that strive to drive the lowest customer acquisition costs and maximum customer lifetime value. The BrandSeed team has launched many successful products to market via direct marketing across print, television, radio, direct mail and social media.
For more information, visit: www.harborislanddevelopment.com
Forward Looking Statements
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and as such, may involve risks and uncertainties. Harbor Island Development Corp. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130419005075r1&sid=cmtx4&distro=nx
SOURCE: Harbor Island Development Corp.
Jiminey Crickets WTF? Thanks MMs
Why don't I see my ask's in your L2? I have a couple of small offers out there in the teens.
HaHa Technically their production won't go to LHPT at all. But what IS important is that they are an actual operator pumping oil. And far as I can tell, so far with very limited DD, no history of Shenanigans.
Slap the ask! I know I said it yesterday but not for nothing are you really going to bid .002 for 100k and not slap the ask? Its $10. What are you planning on doing selling at .0024?
BTW #13 on the breakout boards.
The nickle and dimers are going to lose their chance to buy under .003 if they don't slap it.
Matmown pumped 859 BBL in Texas in 2012 and had a couple hundred thousand in revenue. Theyare NOT heavily burdoned by debt either.
Looks like a great partner for LHPT!
This move is obviously replaceing Home Creek as LHPT's operator, so that answeres that question as well.
That's actually good news to the new shareholders. They will be able to grab a few million really cheap. Ultimately this goes back to a multi-penny with production results! I'm in for the haul.
Wow GREAT NEWS! In September Matmown was featured on the Cover of Micro-Cap Review!
LHPT - I'm ready for a run. Lets see if the MMs and those that entered < .002 will let it.
That right I slapped the ask, now lets go.
# 11 on breakout
For $10 they wont slap? Bid sitting the million share bids is one thing, but 100k? 50k? Really?
Cheapies being filled. Load up!
If they are skipping 17s and going to 15s then that is manipulation. I don't know what the goal is, but perhaps a call needs to be placed with the SEC. I'm not versed enough in trading to be abel to make that call. Maybe someone more expereienced here can.
Slap the Ask let it run!
Let's do it.
Lets get that Annual report out, and watch this pop.
Wouldn't that be something. Let's get this up to the .01-.02 range where it belongs right now!
Lets go PDGO! Expecting another positive day here. Volume is growing and becoming steady here which is great!
Setting up for something big!
Oil production was minimal at best in 2012 and operated under Home Creek. Their focus wasn't on pumping minimal barrels a month. They are setting up for something much bigger IMO.
With the change in relationship with HCE, I'm not sure if they are still a registered oil operator in the state of Texas. I look forward to hearing that when Mr. Danos makes his first PR
Go LHPT!
LHPT has never been positioned better. All things considered from financials, transparancy, and leadership, the company looks poised to generate serious revenue.
Todd inhereited a lot with this company and although it has taken time, with a few altered courses, it looks to be heading in the right direction. Their balance sheet has never looked better, and the income statement is not top heavy with Admin. expenses. Most people owed were given stock, and even the new president wont make real money until the stock price rises. Thats good for shareholders.
Not a bad day considering the news. Would have been nice if it wasn't red in the last 3 minutes.
Not a bad day. Good end to get us back to even. Green would have been a little better.
Wish that was my average. I've been around for years, but I'm not in bad shape.
I was just looking at the new report released. I wonder if Keenedy has sold his 170 million shares of if they are still restricted.
I don't know about shoes but you're up to about 1 lace. But Green Day none the less. Go LHPT!
That's the way I like it!
Nonsense. So you want to attract quality management that's willing to work for free? That salary seems modest.
I disagree. I think the Centurian update and Oil Production update was useful. A healthy stream of information is key to maintaining and raiseing the PPS. Nothing worse than silence.
Its also a basis for holding amangement accountable. Vince can be held accountable for his PRs so I'm encrouaged.
Go PDGO!
That's great, but wouldn't it be more efficient for him to release a statement? Or does he want each shareholder calling him? Just saying
Show us the way Gerry!
If they form a solid business plan and a team like PDGO did then it should take off.
This company has had a serious case of ADD. Todd has tried to take it in many directions in 2012. Hopefully with the acquired assets and our New President, we have a foundation to build on in 2013 and actually get some oil production flowing.
Even though Maye is out, do we still own the same interest % in those leases that were acquired from Home Creek? If so my guess is the captial raised via dillution in Q4 and Q1 this year went to settle those transactions. Because the notes were not paid down and the Assets haven't increased. Q1 financials would help complete that story. But that's all just my opinion.
Gerry! Gerry! Lets go! Reveal your operational plan to us.
PDGO Pretty Thin
20MM signing bonus with a one year minimum service, and warants for 50MM at .0001. I don't think it said how long, for the 50MM.
PDGO looking like a run today!
With 70 million shares Mr. Danos is certainly incented to raise the PPS share. Lets get it done Gerry!
Financials are slightly better than I expected. I was exepcting many more expenses on the Income statement. I was not surprised by the lack of income, I don't understand why anyone would be expecting income. Q3 expenses were explained months ago. I'm glad that didn't repeat.
Elkonig is right about the misprint on the balance sheet regarding # of shares outstanding. And thats not the only typeo. I found the various dates and descriptions of the relationship with Home Creek and Anthony Maye to be very confusing, and I don't think the dates are correct. But I don't have time to research it all right now.
The other thing I can't really get my head around yet is how the money raised via dillution was used.
I'll try do more research later. But at least they are current with their financials now, until the 2013 Q1 deadline anyway.
Multi-day run?!
Chill was removed long ago. Call them and they will process.
PDGO On the move!