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Read the 8K CRO is liquidating so Windough
may unfortunately be right.
And
no I'm not a lawyer just a long term investor
that gives a crap.
HIITinvestors@gmail.com
We've got 18 million on board and
I have asked for contacts for recent PP investors.
The bank pulled an end around and I hear
there could be legal action on that front.
I don't have complete details but we need to take a stand
so management can survive and protect share holder value.
IMO the board needs to terminate it's agreement with the CRO
and let management negotiate a deal for it's share holders.
I have to imagine last PP round funders would be irate!
I would be. Given the circumstances their and our best option
is to stop current actions through a proxy fight if necessary I've reached out to
a few people to see what our options are.
You can contact me at HIITinvestors@gmail.com
Word on the street is the CRO and bank are working against shareholders
I've been in contact with several insiders and believe it's time to aggregate
all interested common share holders for a potential Proxy fight.
I'm aware of Millions ready to join and Brent Milinikis is prepared to take over
and restructure through valid channels. Restructuring may be necessary
IMO but shareholders may need to join up to make the push.
Good call chaos it might get there
18-20 was a good trading range while it lasted.
China damage still not over.
So we gave Iran 150 Billion to buy missiles from Russia
and they will self inspect their nuclear program.
Russia is financially squeezed to the brink by the US and Europe
China's economy in very bad shape 20 year empty city build out is over!
Commodity producing countries getting crushed
Isreal, Egypt and Saudi Arabia are allies
The world is in a very bad place right now
When you're on probation
20 bucks is a big deal
Hear? nothin that's the problem
given circumstances and Shelly's claims of investment in his failed venture
one would think he would be interested in recouping losses yet ADIA
is apparently done and your deal obviously doesn't interest him.
Shelly mis represented the circumstance surrounding the preferreds
not once but twice.
Think some he duped might be hot on his trail?
If I gave him the $ he claims was invested I would be the holder
of those shares not some failed energy chew player.
I mean come on..... 20 G's is peanuts
50 day test today on solid volume but didn't break
expansion news and she could fill the gap to $25
Market rolls over see you at $12
That's pretty chaotic!
Great article by Brent Mulliniks and Pete Baldwin
http://rm-media-group-llc.epaperflip.com/v/Shale-Play-Water-Management-July-August2015/#?page=60
Jason is Shelly back in Jail?
58 you got another
30 to ride
Not so sure my friend
Brent and Billy are straight up industry players
if all works out we win in the LOOONg run.
Could be a painfull wait for industry to turn.
But low cost producers aka Shale will win
over high cost offshore and unproven exploration
Once depletion curve peaks the market will firm
I have years to wait so it be what it be
8K news out new CRO
Appointment of Principal Officers
Effective July 30, 2015, our board of directors appointed Loretta Cross as our Chief Restructuring Officer ("CRO"). The CRO will report to and be subject to the direct supervision of the registrant's board of directors and will work collaboratively with the officers of the registrant to guide the registrant through a potential restructuring and recapitalizing of the registrant. The CRO is authorized to take action with respect to such restructuring and recapitalizing of the registrant which actions may include decisions relating to all aspects of the management and operation of the registrant. The CRO was provided to the registrant by Stout Risius and Ross ("SRR") under the registrant's engagement agreement with SRR dated July 30, 2015 (the "SRR Agreement"). The CRO is providing its services to the registrant under the terms of the SRR Agreement at a rate of $495 per hour.
Loretta Cross, has served as our CRO since July 30, 2015. Ms. Cross is a Managing Director in the Dispute Advisory and Forensic Services Group of SRR and the leader of the firm's Energy Practice, a position she has held since 2013. Ms. Cross has more than 30 years of experience in strategic, operational, financial and litigation consulting. She is a recognized expert in the energy field and been a key business advisor to parties in some of the nation's largest bankruptcies and restructurings and has provided expert testimony on a variety of issues ranging from accounting practices to valuation issues. Prior to joining SRR, Ms. Cross was a Managing Partner at Grant Thornton from 2006-2012 where she led both the Energy Advisory Practice and the Corporate Advisory and Restructuring Services Practice. Ms. Cross has a B.B.A. from the University of Texas in Accounting. In addition, Ms. Cross is a Certified Insolvency and Restructuring Advisor and has a Certification in Distressed Business Valuation.
If it does my stops will trigger and
will re visit at your new target.
Seeking Alpha writer called it a lotto
ticket. That's accurate given so much uncertainty
in the oil space and funding issues.
sad to see it down here.
Ok who's the big spender that bought 11 shares
Ball is in their court for now
looks crooked causing harm to
company and share holders, don't know
not a CPA or a lawyer. Hope they have called
both.
True Ego test: Brent CEO Matt back to
CFO and everyone takes a massive pay cut
have to prove to investors it's a true long term
play with clear objectives and financially responsible
management. Perferds Don't have to convert
that's not written in stone.
Bank has to make choices here and there are
always options changes might help their decision
my guess.
Matt was doing what he set forth unfortunately
the market went against him and he was slow
to react, many in the space were.
The business isn't going away just need to survive
until the turn.
Took a company through this scenario it's
not easy but richly rewarded if the hard calls
are made and peoples Egos can be set aside
for the good of the company not their own agenda.
Oh no they are 100% to blame
It's their responsibility to know
the business and buying Hamilton
last fall after oil imploded last Spring is beyond irresponsible.
Then to follow up with "Robust" comments knowing dam we'll Oklahoma was getting crushed
is fraudulent.
The P brains at Heartland are having lenders remorse because they are incompetent as well.
Houston we got a problem
PP investors at .40 gotta be thrilled
Yeah wasn't really impressed
maybe just filling holes
we'll see
BTWY never love any stock
New guy needs to bring a couple of investment
bankers and or funds aboard and adios OTCBB
When Volume shows, it's time.
I'm surprised the shake down hasn't been more severe
Sharks like to eat up weak fishes, take blocks from
insiders or direct....either way
Volume Volume Volume look for the new trade
Just my guess
Agreed fundamentals getting way ahead of SP
need volume follow through
QUES has been green off the 50 day for
4 sessions today would be the 5th if she holds.
QUES has not traded positive more than 4 consecutive days
since the symbol change.
Hope new trend is in place looks thin hopefully
Mr. seller is done.
next stop .51 IF seller is done, just my guess
Started position down here buying the growth story
Menu improving / good food
new $5 bowls will be a hit imo
stores upgrading
"healthier segment"
potential 1900 stores just over 400 now
watch foot traffic per store and average sale
going forward.
Sharks have shaken this out down near opening price
24% short
We all know what happens next
Looks like SP on the chart wants to jump the shark
near term, 50-200 channel is filling.
Amazing how long this sideways drag has
hung on. IF Canadian deal closes I suspect we
see .65-.70 just my guess
Yep great summary thanks
Ha more sizzle please
A little sizzle and she gets hot
For sure and If Mister seller
is done spillin
the SP will continue to change for the better
let's see
over past 6 months SP has breached 200 MVDA twice before today
each time it failed to hold.
Let's see how today unfolds
3's a charm?
Brazil and Iraq cut output targets
Frac flexibilty will win out over conventional oil
https://finance.yahoo.com/news/oil-bull-market-sight-brazil-151038870.html
If traffic is any indication of consumption
I'm expecting a large draw down.
Larger than expected.
Truck, SUV and RV sales
are through the roof and it's feeling like 2006
all over again.
China and Europe slopping mega money into
their systems they aren't far behind.
An uptick across major markets will leave the shorts
in severe trouble. Couple that with LNG exports who knows
where it goes. $85 is guess
Appears we are no longer paying MZ
Group and have an IR person on board
as indicated in the presentation.
MZ could have been and maybe a seller as well.
Company pulling in tight which is required to come out the
other side stronger.
Presentation looks good
http://content.stockpr.com/hiitinc/media/073bd27cae6473bdd9e543123a9bfe65.pdf
Balance sheet is improving and should get better if
SAGE is jettisoned.
Receivables 9.8 million payables 5.9 million
this is good news as the quality of our receivables
is sound.
New tech traction is very positive especially given
all the evidence and media surrounding disposal well
quakes.
Looks like we are heading in the right direction.
Market will likely shrug this off until they see we're
in the black or some other event occurs.
Management is steppin up!
Just need a little wind at our back
and we fill the gap.
CX will do well if the housing recovery
continues.