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They aren't facts if they can't be verified. GLTA
Without audited financials all the speculation on this board will continue because nothing has been verified. GLTA
Black can fix it all right here and now. Post the audited fins and open the floodgate of new buyers. The PPS would skyrocket and all the speculation would be over. We would also have peace and harmony on the board. Everything would be great!!!
That's the problem. We don't have any facts. Only verbage from Black that we are supposed to believe but hasn't been independently verified. GLTA
When do you expect the "counter offer" to come out? GLTA
Nope. Still in the red like most others. The disclosure with audited fins would have cleared up all the speculation on this board but now it looks like it's not coming so we are all still in the dark on HNSS. GLTA
No you haven't because there aren't good answers to many things: Considering a $.01 bid with an EPS of $.01?, cancelling the disclosure within a week of it coming out after waiting 3 months for it?, not opening up the bidding process to maximize a sale price?,etc. etc. There are no good answers to these questions. GLTA
Well I am a shareholder and I thought you were too. Black should certainly care about shareholders as he has our money. And he is a shareholder as well. Why wouldn't he want to maximize our and his investment?
Doesn't he want to encourage higher bids by showing how truly undervalued the company is? GLTA
The minimum bid of $.01 is a joke. The 52 week high is $.033 and the company just announced earnings of $.01 per share(A P/E of 1 if he sells at $.01). If the earnings are not bogus he should be laughing at bids of $.01. GLTA
So what's wrong with multiple bids? Doesn't Black want to get the best sale price for shareholders? GLTA
Exactly Adam. Thank you. Why wouldn't Black want the world to know how undervalued the company truly is? GLTA
Because other potential suitors would then know what the company is truly worth. Now all everyone has is Black's word on the financials. Nothing from an independent auditor. GLTA
Not sure how it would hinder ongoing negotiations. Could only lead to a higher sale price for shareholders and let them know what their investment is truly worth. GLTA
Any company wishing to buy HNSS would certainly request audited financials to determine what it is truly worth so I would be surprised if Black didn't make those financials public to encourage other higher offers. GLTA
So what are you saying Housh? This is all a bunch of $%^&* or what? Thanks.
They've been negotiating a long time and the resulting offer price is $.01 per share? With reported earnings of $.01 per share the offer should be north of $.10. Unless of course the reported earnings are bogus. Thought we would get that cleared up but now the long awaited disclosure isn't coming. Wonder why not? GLTA
Shareholders have been looking for the disclosure and audited fins for 3 months and Black tells us they aren't coming less than a week before the deadline? Another joke. GLTA
Oh so now there isn't going to be a disclosure or audited financials? Surprise Surprise. GLTA
We should all know what the company is truly worth by next Thursday when the disclosure comes out with audited financials. That will take all the speculation out of it. GLTA
Still holding 3.6 million Allie and they are worth a lot more than $.01. What a joke.
Unless this is a way for him to get the remaining shares on the cheap. Time will tell. GLTA
This stinks but time will tell. GLTA
You are happy with this price when earnings say it should be trading at $.15, the high was $.033, and Black is entertaining offers for $.01? That is truly sad!!!
It tells me that this is how Black puts it to shareholders and buys the balance of the company on the cheap. Do you suppose the acquirer is the HNS Fund/US News? Why doesn't he open up the bidding and get the best price for shareholders if he is going to sell the company? GLTA
Is the potential suitor the HNS Fund/US News? A way for Black to buy shareholders out on the cheap? If he wants to sell the company why doesn't he just open up the bidding and sell to the highest bidder? What a joke!!!
Exactly. Based upon the earnings the company released, this should be trading at $.15 per share so how is Black entertaining offers of $.01 per share. Is this how he sticks it to shareholders? The stock traded at a high of $.033 previously. GLTA
HNSS is doing a great job in that department. They've done everything except let the price skyrocket overnight. GLTA
That's not true at all. I am long but seriously consider Hidey's opinions because most of the other posters here don't even consider the potential downside of this investment. They think that Black can do no wrong even when the PPS is at a 52 week low and been in a free fall for a year now. Every thing we have been told is from Black and hasn't been substantiated. There are no audited financials. Black is not accessible. He doesn't return phone calls or e:mails. I am long but can easily see how this could end up being a scam. GLTA
Just looking for some accountability. Not too much to ask of someone who has a lot of my money and has been orchestrating a continual decline in it's value. What a novel concept!!!
Now? Have you been watching the ticker? It's been in a freefall for a year now. At a 52 week low. When is Black going to do something for the investors who have given him their money? Not too much to ask. We've been losing our #$%^& for a year now. GLTA.
Screw the disclosure. He talked about the defense of the shorts a long time ago in a PR. When is he going to make it happen. Enough of the talk. Let's see some action !!!
Black said he had the answer to the shorts-buy back shares or sell the company. He is the CEO. When is he going to take charge, kick the shorts butts, and deliver some shareholder value? GLTA
He's been talking about it forever. When is he going to get off his #$%^%& and actually make it happen? GLTA
I don't know. What are you smelling? The PPS is at $.0018 and has been in a downtrend for a year now. The only thing I smell is #$%^&. Hopefully the fragrance will improve GLTA
Where is Black? His stock is now at $.0014. His love for shareholders is underwhelming. GLTA
Who said they were uplifting to the AMEX? GLTA
And what do you expect to cause a significant flurry of buying? They have made several significant announcements and the PPS has continually gone lower. GLTA
If that's the case then show me the money. We would all love to take Black's word for the numbers but it would be nice to get an independent opinion on them as well. GLTA
Just injecting some reality into the board here.