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Anyone else accumulating at this level? I would prefer to see a solid bottom but this level is just too good to resist. Just need some good PR's to turn this around.
Two month chart suggests that we should close today around $0.04. Also, considering that we just tacked on the potential for big recurring revenue streams. This one has feathers, lets see her fly.
Just wondering if anyone is thinking the same thing that I am...where does Knox County School District get $10,000 a month to pay for the service fees associated with the CYBER TRACKERS? All the time we hear about how the teachers are upset that they can't be paid more and the schools don't have money for repairs. I just wonder if HISC had to give this first batch away just to see if it can build a customer base. Kind of like the cell phone companies when they first started.
nanopatent - i used similar technology in the army and it was did not require cell phone towers all over the place. they use multiple satelites to pass through and provide the information. we never had problems with tracking vehicles despite rough terrain (mountains and wadis in the desert), but then again the desert is definitely not a city. i believe this technology is designed for more open terrain, but the potential with that alone is huge. Perhaps with further R&D this could be more potential for HISC in the future. JMHO.
Anyone feel as if these last two deep dips are driven by saturation? Just thinking that the company needs to raise some big capital to continue on with the agriculture move. Hope we establish a base soon.
Good sign today. Appears to be steady and posed for a move. Lots of MM's lining up on both sides at $0.025 and $0.027, just need another solid PR to make this one fly.
i agree with mugur. 190 shares is under $5 which has got to be signs between the MM's. Maybe one is moving over so another can start to accumulate shares. Who knows, but it has to be something. Long weekend offers alot of potential for good news. MM's probably loading up to take advantage of that. Chart looks good and heavy MM's on the same ask. I don't think we can ask for a better position. I'd like a few more shares down at the open so if we could just do one more dip I'd been happy.
I need to clear something up. When trades go through like that it means that someone is buying and someone is selling, right? So clearly the price that the trade is made at is both the bid and ask at the point in time. Apparently someone closed the gap and shares traded hands. So what is ment by is that buying or selling of 1 million shares?
Can anyone comment on the legallity of MM communicating about their actions? It's not illegal for two shareholders to tell each other when they plan on buying and selling. So my guess is they don't need to send hidden signals. Do they? Also, does anyone know if certain MM's only trade OTCBB and may therefore need to get rid of their pinkies? That could possibly be another reason for the big block trades and the long period stuck at this price (as the MM's stand off against each other to see who will budge in which direction first). Just my thoughts.
Also, anyone with Level 2 care to take a stab at what MM are doing to this stock? I'm looking for a base at this level but it looks shakey. Any thoughts as to the short term direction of this one? Volume drying up? Have we entered the accumulation phase?
zigbee, where is the $2M increase from? I see the acquisition of land for $1M, but what about the other mil? Also, wouldn't we have to subtract the previous assets used to acquire this $1M piece of land to know how much their assets really increased?
Ok forgive me, I am a little technically illiterate. I need to do some more DD about Diamond's specific technology (i.e. patent rights) before commenting further. Any good links to their descriptions? Thanks ahead of time.
Question? Could these big block trade just be one MM getting out and another MM getting in? Perhaps one just believes in the potential from this level and one just wants to take profits at this level. As far as shorting (legal or not) my opinion is that one would have to be ignorant to short HISC right now. My experience is that there are two reasons to short as stock. Some people believe in a chartist approach, but looking at just about every chart out there the trend is stable if not rising. Seems like a very bad bet to short based on the chart. Secondly some speculators short based on the technicals of the company and/or the PR's. Based on the situation of the company right now the better bet is on the price moing up alot or staying at this level. Even if everything this company says it will do doesn't happen there is a better chance on the pps going up then down. A movement to the OTCBB could seriously hurt a short position. So I just doubt that anyone would heavily short HISC at this time, but I may be blinded by my interest and investment in the company. Any comments?
Ok, I still owe you the names of these companies, but here are some articles that hint that there may be more competition out there. I have done way to much research lately and can't remember which company(s) I came across. More to follow.
http://www.mobiledia.com/news/31751.html
http://www.ecommercetimes.com/story/43956.html
http://news.com.com/Siemens+bets+on+mobile+gambling/2100-1033_3-949676.html
Are you sure there isn't "any competition" out there? I thought I read through a few companies with very similar technology but considering that I am rather technologically illiterate I can't say for sure. I like the potential in Diamondi as well but don't particularly like the 1, 3 and 6 month charts right now. Needs to base out for interest to increase.
I'm in at under a penny. Keeping an eye out for more.
I am pretty sure that the port is owned by the state. The state port authority regulates the port activities. The state owns the property under the river so it controls the flow of commerce into and out of the port. The federal government is responsible for Homeland Security so they will be enacting regulations over the Port Authority. Here are some sites about the Georgia (Savannah Port) to check out that might give you some more info:
http://www.propellerclubsavannah.com/index.html
http://www.gaports.com/index2.html
Merci, I value your opinion, what do you think about HISC? Anyone else is welcome to comment as well. Thanks.
EZ, any thoughts on HISC? Seems like one of the best pinkies I've ever seen. Stabalizing around $0.02-0.025 with good volume.
Can anyone tell me the difference between a "pre-order" and an "order"? The company is currently taking "pre-orders" for CYBER TRACKER. From the previous PR's I'm guessing that all revenues are from the CYBER CYNERGY product, which is what is being sold in the retail locations. If any of you live near one of these locations I would be interested in what they are like. Digital phots would be awesome. Just wondering. Based on the assumption that they are not yet taking solid orders for the CYBER TRACKERS I am guessing that the manufacturing framework is still under negotiations. They probably are in the "identify target market" phase of marketing. Once they can estimate demand then they can negotiate manufacturing contracts and start taking solid order requests. I would hope to see a PR about a huge back log in orders by the end of the year. Comments?
In response to the concern about the creation of HISS (HISC) and Bennett's involvement...until we can derive a relationship between Moody (CEO), Wicks (COO), Riley (CIO), or Riley (CTO) and Bennett then we are just guessing. I would think that Moody and company determined to leverage the assets of BBI Computer Solutions (CYBER CYNERGY) following the Jan 2004 acquisition. At the end of 2004 HISS worked up an agreement between a few big name companies to develop and test these port secuirty products. In their process of pushing the product they must have come across Bennett possibly at a security conference or presentation. He is a perfect match for the company considering his internal connections and possible overseas connections.
In response to the retail sites and costs of their products I'm contacting some friends in the military to find some similar products and get some quotes and product details. I'll see what I can find in comparison. I wouldn't worry too much about the $400 price tag because we don't know what that price includes. The product itself might be $400 but then I'm guessing their is a service fee attached and upkeep required. Who owns the software that these ports will use to track the products? Alot more DD to be done here to get our arms around the details.
Lots of locations will be expensive, but those port locations will be more like retail locations in that they will produce direct revenues by selling the products. The DC office will (or hopefully will) produce secondary revenues, but definitely more difficult to conduct the cost-benefit analysis. Reference my earlier posting on my take of the marketing/business plan for HISC for some background on where I am coming from.
Good point on the "will" versus "is". I prefer knowing even if it is bad news.
All good points. Thanks. I guess I just misunderstood the effects to the casino. So basically the casino will still pocket all the earnings from the gambling and Diamond will profit from a service fee. The gamblers get to satisfy their addiction everywhere they go. Sounds like a win-win-win to me. I'm in on the next dip for a small share. Thanks again and GLTA.
Yeh I understand that, but why would the CASINOS support this since it will reduce their attendance numbers? I know how big internet gambling is getting and will get and completely appreciate the potential in that market, but I just don't like how much weight investors are putting on this possible casino deal.
kruy...It's so hard to tell exactly what is going on with each individual trade. MM may be trying to get the volume up that day to interest other types of buyers. I tend to look more for the large block trades and follow their patterns. They seem to tell a better story. Then again I am not a daytrader either and really can't pretend to be.
I totally agree that HISC needs a presence in DC, but as far as bricks and mortar offices, I would rather see these pop up at or near the ports when we get contracts. Moving closer to your customers always keeps them more satisfied. I just thought we established the presence by hiring Bennett. I guess he will need a place to put his staff.
Just curious, but why do you guys feel that the wireless gaming will be successful in a casino. The wireless aspect seems to take away from the personal casino experience if you ask me. I'm not trying to bash the stock, just start an intellectual conversation on the subject. People who like the distance gambling can do that from their homes on the internet with a cheap beer in hand and nothing but their underwear on. Sorry, bad mental picture. Maybe I am missing exactly what this wireless gaming will do. Any comments?
As an investor I like the idea of having presence in DC, but having been there before I don't like the expense of paying for the office space in DC. If someone close could confirm that they are in fact sharing space with the other organization I would really appreciate it. Even a little one room cube in that area has got to be pretty steep. Everything hurts the bottom line.
I agree with Bigarow. I'm adding at dips into the 5's. GLTA and yeh this one is going to test our patience, but will pay off.
PR from WITS
Wits Basin Starts to Resurrect the Bates-Hunter Gold Mine Site
Thursday June 23, 7:27 am ET
The Bates Vein Was the Second Lode Discovered in Colorado and Helped Spark the Great Colorado Gold Rush in the Mid 1800's
MINNEAPOLIS--(BUSINESS WIRE)--June 23, 2005--Wits Basin Precious Minerals Inc. (OTCBB:WITM - News) believes they are about to repeat mining history as they finalize the start of the de-watering process at the Bates-Hunter Gold Mine in Central City, Colorado, the heart of what was called the "Richest Square Mile on Earth."
Central City district has produced more than 4 million ounces of gold since 1859 with over 25% of this production coming from the area immediately surrounding the Bates-Hunter Gold Mine. The Bates-Hunter mine closed in 1936 largely due in part to litigation between the operator at the time and the mining claim owner. At that time the mine shaft was approximately 800 feet deep. Other comparative mines in the area have reached depths in excess of 2,200 feet and were still in ore at the time of closure.
After an exhaustive search of historical data, Wits Basin obtained an option to purchase the Bates-Hunter Gold Mine subject to the successful completion of de-watering and proof of adequate gold reserves.
The single, most compelling of the historical documents reviewed to date, is in the form of a simple letter. In the search for archival materials, Wits Basin management discovered a report prepared by Fred Jones, E.M., dated June 15, 1939. Mr. Jones was later the Colorado Commissioner of Mines from 1943 through 1950. The contents of Mr. Jones' letter is akin to a "treasure map," which will guide the current mine de-watering and due diligence program.
Under the heading "PROSPECTS" Mr. Jones stated:
"To my knowledge there are three shoots of ore on the mine:
300 FOOT LEVEL
A streak of heavy sulphide ore is opened in the wall of the drift running west from the shaft. The length of the ore shoot could not be determined because the back of the drift is timbered and lagged. Samples taken over a length of forty feet where it was exposed showed values in gold of from .34 to 1.30 ounces per ton.
700 FOOT LEVEL
A fifty foot length of ore is opened in the bottom of 700 near the shaft. This ore slopes four feet wide and the streaks assay as follows: 1.10--0.80--0.40--1.08--1.12--4.60--3.20--3.58--3.38--3.82 ounces. There is no evidence that this ore has been opened below the 700 foot level.
800 FOOT LEVEL
The 800 foot or bottom level is well timbered and in good shape to the west breast, a distance of 440 feet. At 150 feet west of the shaft a cross vein has been opened showing ore assaying from .36 to .76 ounces gold. This vein continues west with the main vein for a distance of 165 feet where it branches off to the north. For about 50 feet before the veins separate to ore is about 10 feet wide showing values from 0.80 to 8.60 ounces gold. The sample assaying 8.60 ounces gold was taken from a large slab of ore weighing a ton or more. This slab was found in place and cracked away from the wall as the drift was cleaned. The ore is still exposed in the bottom of the drift and the samples can be verified as soon as the level is unwatered. The ore shoot in the bottom of this level is continuous from the shaft west, a distance of 440 feet. The breast of the drift is still in ore. Assays from the old muck pile in the breast ran from .68 to 1.08 ounces gold. This drift can still be driven several hundred feet to the property line. In this distance several cross veins can be expected with results comparable to the first cross vein."
Wits Basin's expectations are also supported by an excerpt from an engineering report revised in 1930 by Lewis E. Ashbaugh, a Denver based consulting engineer. In his report, Mr. Ashbaugh states: "The Bates offers the opportunity of recovery of the rich gold ores under favorable conditions, from a vein which has been thoroughly proven, but worked only near the surface, leaving a great area of ore body which has never been touched, and especially leaving available to our operations the mining of the rich chimney below Gregory Gulch, which unites the two ore chutes demonstrated in the Becker and Hunter shafts. The possibilities of the great profits from this vein are beyond question, based upon actual work of the past."
Wits Basin is optimistic, that based upon historical evidence on hand, the Bates-Hunter Gold Mine has the potential to be resurrected and once again become a significant gold producer.
About Wits Basin Precious Minerals Inc.
We are a minerals exploration and development company holding interests in four exploration projects and currently do not claim to have any mineral reserves on any project. Our common stock trades on the Over-the-Counter Bulletin Board under the symbol "WITM." To find out more about Wits Basin Precious Minerals Inc. (OTCBB:WITM - News), visit our website at www.witsbasin.com.
Forward-Looking Statements and Risk Factors
Certain statements contained in this press release are forward-looking in nature and are based on the current beliefs and assumptions of our management. Words like "may," "could," "should," "anticipate," "believe," "estimate," "expect," "intend," "plan," "predict," and similar expressions and their variants may be used to identify forward-looking statements. Such statements are valid only as of today, and we disclaim any obligation to update this information. These statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes.
The exploration for and development of mineral deposits involves significant financial risks, which even experience and knowledge may not eliminate, regardless of the amount of careful evaluation applied to a process. While the discovery of a mineral deposit may result in substantial rewards, few properties are ultimately developed into producing mines. Moreover, we cannot make any estimates regarding probable reserves and mineral resources in connection with any of our projects and any estimates relating to possible reserves are subject to significant risks. Therefore, no assurance can be given that any size of reserves or grades of reserves will be realized. If a discovery is made, the mineral deposit discovered, assuming recoverable, may differ from the reserves and mineral resources already discovered and recovered by others in the same region of the planned areas of exploration.
The cost of exploration and exploitation can be extensive and there is no assurance that we will have the resources necessary or the financing available to pursue projects we currently hold interests in or to acquire interests in other mineral exploration projects that may become available. The risks are numerous and detailed information regarding these risks may be found in filings made by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-KSB, quarterly reports on Form 10-QSB and reports on Form 8-K.
--------------------------------------------------------------------------------
Contact:
Wits Basin Precious Minerals Inc.
H. Vance White, 866-214-WITM (9486)
Stephen King, 612-490-3419
or
Friedland Capital
Dara Albright, 201-420-7437 (Investor Relations)
dara@friedlandcapital.com
or
Aurelius Consulting Group
Dan Wernecke, 407-644-4256
www.runonideas.com
--------------------------------------------------------------------------------
Source: Wits Basin Precious Minerals Inc.
Since we are doing introductions...my name is Chad and I manage a small (40 people) pennystock club of Army and Ex-Army veterans. The Homeland Security industry interests me most because that is where I and my members have experience. I try to put out a bi-monthly newsletter, so if anyone is interested let me know. It isn't much, but just thought I would offer. We don't daytrade, just look to at least invest in OTCBB or Pinkies that look to be able to double. Any recommendations or constructive critisism is encouraged. Thanks, Chad.
HISS is just how the company refers to itself. Homeland Integrated Security Systems is HISS. The ticker is still HISC.PK. Sorry for the confusion.
Support around $0.006, doubt that it will make it down to $0.005. I'll take some more at $0.006. Lots of different potentials in this pinkie. I think MM's are accumulating now and holding the price down to see who will dump and move on. Should continue to see PR's since the company recently mentioned that they are focusing more on shareholder value. Can't wait to see a solid report.
I think the one PR said $125M over 3 years, but I would have to double check. I would just be guessing but I would think that if they can really sell this product to the government and really leverage their insiders' connections, they could secure a government contract by the end of the year. Now here is where it gets tricky. Government contracts can be worded in a million ways with tricky payment plans based on product performance. I would guess that the company would negotiate enough up front to get them rolling through manufacturing and the true "profits" would come later (possibly much much later). I try and stay realistic and considering this is a pinkie I would just like to see a nice big government contract that would lock in revenues for now. I am not thinking big profits yet. Then after a move to the OTC-BB the company must show financial strength to financial instituations. This could result in an eventual move to the NASDAQ-NM. Be careful though cause I also got burned on DHB, I think. DHB makes the bullet proof vests for the military as well as law enforcement. I liked the fact that they kept getting bigger and bigger contracts and I believed in their product. BUT, they seem to have no R&D funnel and thses contracts may be the last. HISS is different (appears different). There are so many ways they can market these products and so many potential new products that could enter this industry. The overseas potential is huge as well, but I would still like some more information before betting on this aspect, in that there are tons of other companies internationally working in this realm. When it comes to the Middle East (and probably Asia) those countries prefer to stick with their own local companies and not to trust the U.S. based companies. (Again this is my opinion and not based on any kind of hard facts). I just recommend the long position in this one with at least a time frame past October/November.
My take on HISS (HISC). Based on the 1 month chart, the market is fairly pricing the stock at $0.025 with a pretty nice base at $0.02. PR's are coming more regularly indicating management's active efforts to support the stock (shareholder value). Product development cycle is somewhere between the testing and marketing phases. Testing thru the Savannah Project (phase III is the software finalization and deployment of units for testing). Phase III began immediately following the completion of Phase II on 3 May. The results of the study will be released in a "white paper" this summer, according to a PR. These papers will and should not be released until the completion of the study as well as the completion of the marketing phase to ensure the company is ready to complete the sales. The company is opening new retail locations as I write this (or at least looking for them). The white papers themselves serve as a major marketing tool as it will be distributed to 350 ocean ports and 175 river ports. The potential goes way beyond these ports in that every single government facility that receives mass quantities of supplies (i.e. the military) could use this product to increase security. Lastly I will assume that they are working on government contracts due to the addition of new management and the definition of their target market. Note that the government's fiscal year for spending on homeland security ends in September and then the faucet reopens in October. So I think the company has this timed perfectly. Prove it works by the end of this summer and the government will bite big time at the start of the new fiscal year.
Again, these are my opinions only, based on recent and old PR's. I think this is a great time to accumulate shares, especially on these dips. I do own some shares and I am still buying. Have I missed anything or did I mis-state anything?
GLTA,
Chad
Resistance appears to be at $0.02 based on the last two/three weeks. Big volume trades below $0.02. I think someone suggested last week that some big players may be picking up large chunks of HISC and they got priority over us little fish. I think this one is deep in an accumulation phase with some early holders taking profits. Still may be some new shares hitting the market to fund expansion plans (new retail outlets), but I doubt that is effecting the sp much. PR's seem to be coming in at a higher rate lately which may indicate a big move coming. GLTA.
By the way I do own some myself and I am still buying.
Anyone else in here or am I the only one? Maybe there is another board for this stock that I don't know about. Please let me know if there is. Thanks.
Bought more at $0.021 today. I kinda hope this dip continues into next week cause I get paid today and will have the money by Monday. If it ticks below $0.02 on Monday I am going to drop the wad. GLTA.
If it can break above $0.20 it might make a run to $0.25.