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The NIR thing resolved will definitely send this higher especially when the lawsuit brought this down. HLNT's business is really picking up and I am confident that this will do well, especially with rising gas prices.
It really doesn't benefit HLNT to post too much on anything right now as NIR casts a shadow. Once that shadow is eliminated any announcement will greatly benefit the share price.
Uncertainty is HLNT's share price enemy. Certainty with a resolution in HLNT's favor will be HLNT's share price friend.
Nico already said that he posted on the wrong board and that he did not think HLNT was worth .25 at this time. No agenda.
I am not saying that SKGO and GE are equals. What I am saying though is that no matter what stock is out there, there is a naysayer. Technically, most penny stocks are pump and dump.
I really do not care which ones those are as I sell on news and buy on rumor.
I suppose firelane was corrrect when he called a reverse boost a reverse split. We all know that is not correct. If you keep investing by what the naysayers say, name a stock you can invest in that there will not be a naysayer. There were people bashing GE when it went down a year or two ago, and claiming it would go bankrupt. GE is so diversified that if they ever claimed bankruptcy the whole United States would become a third world country.
The stock (SKGO) will fly. Funding has been made available. Nothing holding this one back. All the t's and i's have been taken care of. Now we are just waiting.
reverse boost is not a reverse split - here is evidence
Reverse Boost Program
It is no secret that companies go public in order to raise capital and grow their businesses!
The theory behind it is: the more capital the company can successfully raise and inject into its businesses, the higher the share price. Unfortunately in Pink Sheets, non-reporting issuers do not have the luxury of reporting issuers, such as institutions and large corporations. In most cases, institutions are forbidden by law to invest in these high risk non-reporting OTC companies. This opens up doors for overselling, also known as short selling. Although, Pink Sheets stocks cannot be "shorted," they can be and often are oversold. It's simply using different name to get the same result: selling something that one doesn't have. This creates a vicious circle of a company trying to raise money and market-makers playing with the company's stock, doing as they see fit to make quick money as the company's CEO and principals' dreams go down the drain.
MMG started experimenting with something we named "Reverse Boost."
In the traditional method or way, most companies hire IR and awareness companies and issue 3rd party stock to start a promotion or awareness campaign. Read the disclaimers in any opt-in emails you may get. As the promoter promotes a certain stock, it creates volume and price appreciation (because of the volume), and they sell their position in the storm of activity. Then it's up to the company to continue the momentum. We all know how well that goes. Eventually the company returns to ZERO volume.
The MMG Reverse Boost works differently and is quite unique:
1. We take no stock whatsoever in our awareness, hence no dilution.
2. We inject cash into advertising in Google and Yahoo, and pay other awareness groups in cash.
3. Through our call centre in Europe, we call accredited investors to buy our clients' stock in the retail market only.
4. We present investors with the idea that this is a great company with a lot of potential, resulting in a huge upswing in the future of the security.
Once these accredited investors began buying up issuer security, the price starts moving up, creating a lot of volume and buying pressure.
At that point in time, MMG approaches other financing sources that only take the issuers' stock as security and do not sell it in the open market. Instead, they evaluate the share price, the highs and lows, based on certain criteria. They typically lend or finance the issuer X amount of money on their block of stock, which is held by the financier and not to be sold for a reasonable length of time. The only time this stock is sold is when the price falls or when the investor calls the loan and the company does not have the resources to pay it back.
In order to level the playing field, we make this public through our ticker-tape service and advise everyone about the featured companies of the week.
In summary, this creates a win-win situation for the company and shareholders.
In the traditional way, the company would take stock from its treasury and sell it, creating pure dilution. Then a company's IR representatives will tap dance and do whatever they have to do to say that there is no dilution. Remember their duty is to their employer.
The bottom line is that the company is raising capital and does it the only way it knows: dilution.
This hurts small-time shareholders in the short-, mid- and long-term. If the company can use this money successfully, the share price may retrace and small shareholders could see some nice gains.
However, if the company continues to dilute and does not use the money properly, and the market-makers get the sense that dilution is going on, they send out their basher cronies and the price continues to plummet until there is nothing left to cover.
So the company stock gets battered by dilution and massive discounts, and there is the oversold to take into consideration.
With the Reverse Boost, there is no or very little dilution.
On the flip side, the Reverse Boost can also backfire. This is primarily because of management's insane desire to dilute as fast as possible, almost to the point of thinking that tomorrow will never come. We did the reverse boost on this company and it got up to the 01 plus range. Shortly thereafter, the management relentlessly and viciously diluted this company into the 0.0001 range. The dilution continued to the point of insanity. Again, the point is that the Reverse Boost works and works great. Cash is KING, as we all know. However, it's the management and the company that you really need to evaluate before making your investment decision.
It may begin its northward march further in our opinion. Reverse Boost is a great solution for a company, as it creates a win-win-win all around. With no dilution, it gets the company the money that it needs. It also reflects in the share price values, and appreciation which the issuers' shareholders are looking for.
Look for the Reverse Boost message in future Friday's Tips by your play. Remember these are OTC listed companies and it is up to management how they manage their affairs.
Play and invest with your head, not over it.
What MIKP did was a reverse split (100 - 1). What SKGO is doing is a reverse boost. A reverse boost is to get attention to SKGO's reverse merger. This hopefully, will ultimately get the share price much higher and without any need to reduce shares.
What I do not get is he announces a reverse split on the opening of the Market on Thursday, March 3rd at 1:xx p.m. ish on March 3rd. Looks like he is a day late and a dollar short.
I still think he is a crook, however time will tell.
I agree. That way, anxiety builds up as many people then start fighting over shares.
You yourself agreed that this stock would run with a M*M push.
Add to that the reverse boost and a big PR and watch this. Some will be watching the run and saying I wish I would have **** ****.
This stock is like a tight rubber band. Ready to retrace and surpass the last high at 1.8 cents per share on announcement of a dismissal of the NIR thing. NIR is going to backout in my opinion before it even goes to court. Hopefully HLNT will gobble them (NIR) up. I wouldn't be heart broken over Humphries getting any time for his scheme.
I think you got that backwards.
I think that when the court thing settles that will be the key moment.
you are wrong. See my last post.
These are only stats. They mean nothing.
The whole issue revolves around NIR and what Humphries pulled on SSEV(HLNT) by moving debt from one company to another company (which incidently is illegal). Spoke to Mel Robinson today and he and HLNT now believe that this NIR thing will NOT EVEN MAKE IT TO PRETRIAL. There is simply too much negative press on NIR for this to go further. Further, Robinson states that the business is going EXTREMELY well. Much better for HLNT than NIR.
Bottom line folks, this stock is too valuable to worry about the downward trend that these online bashers are using to help out the naked shorters of this stock. You can see their game almost every day. Collectively we could break the backs of the naked shorters and force them to cover, but I will let the great news just around the corner do that by itself.
HLNT also wants to take the 800,000,000 shares back that they paid out and think they have a good case to do so. Once these shares are returned, HLNT's goal is to retire them back to the treasury, thus reducing the AS/OS.
SKYBRIDGE TECH (NASDAQ:SKGO)
Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, SKGO scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Friday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending January 29th
+30 New 3 Month High in October
+80 Total Score
Open High Low SKGO Price Change
0.0007 0.0007 0.0006 0.0006 -0.0001
Streaming Chart
I think that is where most of us are mislead. The majority of the shareholders are not controlling the stock. It is the seasoned naked shorters who hurt this thing. It seems like a re-occuring pattern no matter what penny stock you get into. A lot of time, when you get your best news out there, the stock for whatever reason goes down. This is done by the naked shorters who parter with bashers to get the stock down. Their goal is to create doubt (uncertainty) in shareholders minds. That is why in the past I found my self kicking myself more times than not for selling for a loss when I could have made a lot of money.
The driving factor here to get the stock up are threefold.
1, HLNT must get the NIR thing behind them. I hope they are being honest when they say this thing shouldn't go past pretrial. Only time will tell.
2, Another Dongfeng agreement has to be announced. Hopefully there is a big reason that HLNT is sending someone to China at the end of this month.
3, They must once again, announce a buyback or that they already started a buyback. 2 billion is the cap they originally announced. They must get the AS/OS back to 2 billion.
An order to me constitues a sale. In other words if they got an order for $500,000. That is $500,000 added on to their other sales.
I do not believe that their announcement of an initial order of $500,000 had anything to do with their total sales. This was a drop in the bucket and was mainly for semis/large trucks not auto.
There are a lot of sales going on in their other branches.
SKGO is now eligible for the reverse boost program per their (M*M)last PR. What is the significance here. All the boost program is, is advertising, to get other eyes on this stock. That is probably what they are doing righth now. Then they SKGO will announce the merger.
If the only time the stock sells is when it falls, then please explain how this stock has run several times over the last twelve months?
It makes sense for the countersuit, because of all the time and resources that HLNT is putting into the NIR lawsuit. All HLNT is doing is reclaiming the cost of this litigation.
Hopefully our judicial system will see NIR for what they are.
I don't think Humphries should get off the hook either (putting DLAD on the books of SSEV(HLNT as we now know it)). I think Humphries is corruption at its finest.
Imagine where this would be with NIR out of the way and another deal with Dong Feng. The thing is, there is more than 1 possible deal with Dong Feng. Including the deal already done with Dong Feng there are at least two other possible deals.
It appears these other deals have more complexity to them and are taking a tad longer to complete.
Totally agree.
Dan,
There are so may extraneous elements out their that could make this thing go up.
HLNT could really take off as a company in their sales when their technology is seen for what it is. Saving people money.
HLNT could buy back shares down the line. When the NIR thing is resolved (hopefully - management is confident that this will not go past pretrial), HLNT will not have ANY DEBT. This could then be big in that they will have money to start whitling away at the OS/AS to increase shareholder value. I think that HLNT will do the buyback sooner rather than later, as they don't want to spend a fortune buying back shares and their goal is increase shareholder value and succeed as a company.
I am sure if their technology is so grandiose which I already agree that it is, HLNT could get offers of buyouts, mergers, etc. that could benefit the company as well as the shareholders.
There are just so many possibilities with being first on the block with the new toy that others may be 5 - 10 years away from putting to market. HLNT is already there and manufacturing.
Some on this board think this will get to $5.00 a share.
Lets just say the sky is the limit.
What will really open this wide open is when the NIR thing goes down the drain. Then you will really see this thing move.
Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, SKGO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Wednesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending January 29th
+30 New 3 Month High in October
+75 Total Score
Open High Low SKGO Price Change
0.0006 0.0007 0.0006 0.0007 0.0000
Streaming Chart
While speaking to Mel Robinson today, he made note that they are getting 300 calls/emails a day, which they have to respond to on a first come first serve basis. We should be getting good news any day now the way Mel was talking.
Hope the naked shorters have to cover big time when news hits. They are running on borrowed time.
Debt is NOT piling up. I just spoke to them today. Once the NIR thing is dealt with, they HLNT will be debt free.
??? Wrong stock???
I was under the impression that Humphries stepped down and that there was a clean transparent transition of CEO. I am sure if the software was part of the deal, HLNT would have caught it, as any good business company such as SSEV now HLNT has a good lawyer (to look everything over) at their sides when they are making a deal.
I know in good faith like someone stated earlier. The lawyers for HLNT would not take shares as payment if they thought that HLNT wouldn't win the case. They know that they will come out smelling like a rose when their shares go up. I was just trying to understand more in depth about what other assets means on the July 2010 balance sheet for HLNT.
Can anyone explain in layman terms the deal (lawsuit)with NIR and HLNT.
I went through HLNT's balance sheet and then I compared it to the lawsuit. The bottom line is
The NIR note amount has been offset with an entry in "other assets" reflecting that proceeds were never received for an asset that the company contends doesn't exist.
I just do not get it.
What asset are they talking about. Was the asset the technology. I thought that Humphries has stepped down as CEO and New management took over. They still have to abide by the deals that Humphries made (right?).
What is the asset that NIR is talking about.
Other Assets
Highline Tech
2,500.00
Due from Purchase of SSEV
286,702.00
Due from Sale of Asset
5,710,428.88
6,104,006.88
It doesn't matter where the price is until the fat lady sings.
Ceo's change.
Spoke with Mel just a couple of minutes ago. I know all of you know that the company will be Completely debt free once the NIR hurdle is gone over. Management is confident (like someone aluded to earlier- yesterday) that the NIR thing WILL NOT go past pre-trial.
This is a very good company. I also emailed the company and asked a couple of questions and asked that an email be sent from them not someone quoting what they are saying. Mel said that often times they are misquoted on things that they say.
I asked about the concern of the stock price. Mel also said that it is hard to watch the naked shorts occuring which should be obvious by all but with the good news coming (that will not be long), this thing (stock price) will have no choice but to go up, whether there are shorters or not. The shorters in my opinion will be helping us later on as they will have to cover their butts and when they do that, the share price will go up on that alone, not to mention the good news pushing the price up.
Hang in there. It WON'T be long.
I will share with you any news I get directly from the company.
GO HLNT!
I would like to know how this subject turned from reverse boost/thrust to price split. The reverse thrust/boost is a program that Mi*aMar has to advertise for their clients such as SKGO. They build up the hype so when the news hits, it (their stock) flies.
At first I attributed it to the NIR thing and thought we would retrace right now (Especially after being told that this shouldn't even get past the pretrial) back to .01 or higher, but now I have a feeling that there is some naked shorting taking place. The price seems to go up in the beginning of the day, and go down just a little further by the end of the day.
Almost looks like this is setting up for a run. 6's starting to stack. Haven't seen that in a while. Hopefully this means a run (with or without news).
I do not know why, but I have the feeling they are going to bilk this all the way to the end of their deadline again, which incidently has been reset to as late as May 31st.
I emailed the CEO hoping to get a response, but as yet,have not received one. Hopeing they start giving a little more news on what they are doing that is delaying this. Like I said more than one time, this Textraw deal SHOULD be done already.
Hopefully they (M*Mar) are preparing SKGO for the reverse boost/thrust advertising that will reach a lot of eyes.
If this is the reason for the delay then I think it is a good thing.
We shall see.
I agree Bud. This is a perfect opportunity we have right now to get in on the ground floor. We will probably never get another opportunity like we are getting right now.
When the NIR thing is squashed, I think we will see close to a penny without any Dong-Feng or earnings report.
We have the real deal here and there are personal testimonies to the HLNT technology from people on this board.
What more could we ask for.