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The point you seem to missing over and over again, Lannes, is that the shares registered with the SEC are the "authorized shares".
Once those shares are registered with the SEC, the company is free to sell them to the public at will. HNSS has an A/S of 4 Billion shares that they can sell to the public to fund future growth, current projects, etc.
Understand now?
HNSS
Hard to get shares today. Sat at the ask for a good while before being filled.
Seems like the sellers are gone and not many people are willing to sell down here, maybe only the ones who bought in the high teens and low 2's.
HNSS
Well we all think the company is worth way more than its current valuation. The lower we go, the more flipping we are going to see because a flipper buying at .002 can sell at .004 for 100% profit.
Still thinking we should be at at LEAST .01 just based on buyout negotiations.
HNSS
Can't believe we closed at .002 on Friday, its a 500% increase just to get to .01.
HNSS
Don't have PM capability, PM me your email so I can send you a response.
HNSS
He said they didn't need to dilute to fund ongoing operations. He said nothing about accretive dilution (selling shares to fund growth). And... The company said they had nothing to do with the T-TRADES. Tricky word-smithing but he hasn't lied yet.
What else you got?
HNSS
Seriously? It's in the Q1 fins....
Come on bud, you're better than that. Your tactics won't work here.
HNSS
Double post.
HNSS
Yes there is a reason the TA is gagged, they gagged THEMSELVES. Black had nothing to do with it.
PM me your email if you would like to see the response I got from the TA when I asked for the share structure. They clearly state it is company policy to not give out that info.
HNSS
contact@healthnostics.com
I've had several replies from Mr. Black.
I never said they weren't selling shares into the market, I said you have no idea if they are or aren't so quit assuming.
HNSS
Black increased the O/S in Q1. The offer happened after.
We don't know if he is still selling shares into the market or not so you can't just flat say "Black is still selling shares into the market and there is more going on".
Maybe you should take a step back since you are just making things up. Have you talked to Black? I bet not. Well, I have and I can tell you he is hard at work.
HNSS
NITE had 2.5MM @ .0025, where did the other 2.5MM come from? Anyone see that?
HNSS
Agreed. Mid to high 2's are a good place to accumulate for people who have the cash.
HNSS
Good thought process and good post.
Ditto on the hanging around to see what happens. Black is working hard, we can be sure about that and we will find out what's in store soon enough. We just need to be patient and allow Black the time to create something here. If you can't be patient, sell your shares and move on to something else.
HNSS
Not underwater, I'm betting the increase in O/S is to fuel the expansion of HNSS.
Remember, Black said before that HNSS did not need to sell shares to fund its current operations. He said nothing about needing to sell shares to fund its GROWTH.
We'll see soon enough.
HNSS
Show me that PR, I couldn't find it and am on the road right now.
HNSS
Yes, dilution. But its not plain and simple. In the pink's you are used to seeing dilution as a means for the CEO to milk money out of his company before he runs off to hide in Bermuda the rest of his life.
I believe in HNSS we are seeing positive dilution where shares have been sold to fund growth and expand the company. I think we'll see evidence of this in the coming months.
HNSS
Good idea, let's ALL take a break (myself included).
I really do not think posting on this message board has much, if any, effect on the pps. However, a new investor would definitely be less likely to invest after reading the arguing and negative posting we have going on here.
I'll be sitting back and watching Black run the company for the next few months to see what direction he takes us (always adding when I can), and will try and tame my emotions when posting about HNSS.
HNSS
I'm actually starting to think VNDM might be the entity that is selling HNSS shares into the market for Black. It seems much more likely that they are being used for dilution purposes rather than shorting purposes.
HNSS
Good find Adam. Just goes to show that everyone has an agenda, no matter how many big words they try and throw at you.
Everything that guy posts is meant to blind people from the fact that, no matter how good of an opportunity HNSS might be, Black has failed to remain transparent and has failed to follow through on his promises thus far.
What happened to "The company does not need to sell shares to fund current operations"?
We have a small OS compared to many/most other pinks so dilution, if used right, is not a bad thing. How about Black tells us what the money was used for?
HNSS
You never know until it happens. Black could actually be laying some foundation for a properly priced buyout, or, this could just be another pinky.
Hard to believe it is the latter based solely on the fact that Black has been involved with HNSS for over 10 years. If its a P&D, it is the longest drain in the history of pinksheets.
HNSS
Disclosure will rectify the hard feelings and allow investors to either go all in or bail
his game is being drug out too long, a reckoning is inevitable. If he doesn't do something soon, longs WILL bail take their write-offs and the PPS will short to no-bid.
Perhaps that's his goal, to frustrate the hell out of everyone so he can get a lower PPS and more ownership. If so, congrats Black you win. I'll take my green profit and move on...
Yes he does, he's mentioned that in an email to me before. I used to copy/paste things people said on iHub and his response was to the effect of "yea, I saw that already".
HNSS
Its not an outrageous request, and I completely agree. I would like to know what company is planning on buying 51% of HNSS.
When companies make investments in other companies, that is typically a public announcemnt. It is nothing like buying the shares on the open market where you never know who is buying your shares.
Be careful how you word things today, the libel police are out!
HNSS
Then you don't have to. On the Term Sheet just put in how many shares you are willing to sell at .01.
The offer is not to buyout 100% of HNSS shares, someone only wants a majority stake. Therefore, if you choose to keep some or all of your shares they will still be valued at whatever the market deems fair.
HNSS
I have plenty of shares, I was just putting in test buys to see how rigid the market was right now.
I'm very heavy in HNSS and don't want to make any big purchases until I know more about what is going on. For now, I'm very comfortable and in the green.
HNSS
Not sure, I'm guessing low ball bidders unwilling to raise their buying price and sellers not giving their shares up at the bid creates a stalemate. Something has to give, buyers need to start moving up if they want to get their shares.
HNSS
Have you tried today? Its easy to get shares at the ask but impossible on the bid (I've tried both today). No one is selling at the bid and bidder's aren't willing to move up, even with a .01 per share buyout offer in the air.
HNSS
It is illogical to simultaneously denigrate management and promote the company.
You owe an immediate apology.
Yes I would answer my emails. And he has answered several emails in the past, since about June 1st he has gone dark.
I'm not talking down the stock, I think it has great potential. I'm voicing my concern over the CEO's recent lack of credibility to shareholders, something he used to have and what initially drew me in to doing some research and ultimately investing in HNSS.
I'm sure I have a lot more invested than you and I will write my concerns as I see fit.
Thank you for your input.
GL
HNSS
Haha, that's awesome.
The whole point is we need to know more. HNSS is past the point of pure speculation for me and many other longs here who have been in for almost a year (and some for more). If HNSS is going to take that next step to being a credible company, it has to increase its transparency to shareholders. In turn, this will increase the value to potential buyers as well because all the revenue streams of HNSS will be known.
HNSS
He didn't tell me to believe anything. He told me how they were involved in trading HNSS. I had a conversation with the Director of Compliance, his sole job is ensure VNDM is not doing anything nefarious with its trades. He said VNDM was not trading for their own accounts, only clients could put in short sell orders. After looking at a month's worth of trades we hadn't come across a short sell transaction through VNDM.
I'll return to my supportive view of Black when he either A) starts answering my emails again or B) informs shareholders of all company business so we can ascertain a true valuation of the company.
I understand its the pink's and its not required, but if Black wants potential investors to see this is a real and growing company he has to better than the typical scam pink. He needs to hold himself to a higher standard.
HNSS
A phone conversation with a higher up at VNDM tells me more than your opinion of the market action.
Don't forget, I'm not bearish on HNSS as I hold a very large position. What I am on edge about is the lack of transparency we are seeing lately as well as the buyout offer of .01 not being recommended by the board but still put on the table.
Black should come out and tell us what HNSS management has concluded to be a fair market value for HNSS. We all thought the disclosure was going to be that documentation but we have not seen it yet.
HNSS
VNDM is not shorting, as I have stated several times.
In all actuality, VNDM probably is who HNSS is using to sell shares into the market to increase their OS.
*EDIT* VNDM is not shorting for their own accounts. They might have a client who is asking them to execute shorts sells, however.
HNSS
What could be more clear?
Low ball bid at .0033, someone is looking to get in cheap and kill any momentum we might have.
HNSS
Hopefully HNSS doesn't decide to sell more shares into the market and increase the OS. I want to see the price go up due to the news, not stay stagnant.
HNSS
Seriously, its 2011.... we live in an electronic age. There is no use in handing over hard copy certificates anymore.
HNSS
It doesn't make sense that HNSS doesn't recommend selling shares at .01 yet they are still putting the offer out there.
Black and company really need to open up and tell the shareholders what the company has been up to, what the patents are worth, what the rest of the company is worth and what they think they can sell for.
Something has to change and it needs to start with the lack of transparency we are seeing lately. It will be next to impossible to keep large shareholders, such as myself, invested when we cannot get definitive answers of what the company is up to and what it is truly worth.
HNSS