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Fasten your seat belts. We could have a trade any minute now. Excitment is building ahead of the earnings announcement!!! Can't wait to see how that HNS fund did last quarter!!! Go HNSS!!!!
Yep. Could happen any year now!!! We won't be flying under the radar for long!! Go HNSS!!!!
Well just look at the last P&L statement that Black put out in September that showed the company was profitable. The profits should be much higher this quarter from the HNS Fund and the additional benefits from the "accretive" dilution program. And, who knows, those German company's looking at the Microfill could have already placed some orders for it that we aren't aware of. And all this progress I am sure hasn't gone unnoticed by the big boys. I am sure that Pfizer, Merck, J&J, Boston Scientific, etc. etc. are well aware of what's going on with HNSS and are ready to pounce on this undervalued gem!!! A buyout would be the icing on the cake for all of us die hard longs!!!! Go HNSS!!!!
Well you know, a lot of posters here have been saying for a long time that the PPS is depressed due to the shorts. But a good earnings statement would send them running for cover!!! Should start to happen shortly!!! The long awaited short squeeze predicted by Xtremepicks 2 years ago is about to happen!!! And when a short squeeze happens, the PPS always overshoots the real value of the company!! So if this is worth over $1 per share on earnings alone, the PPS could actually go much higher than that when the short squeeze ensues!!! Load the boat!! We are all going to be rich!!! Go HNSS!!!!
So Jared, the caring Christian businessman, turned over the reins of this company to a potential criminal after sticking it to shareholders with the failed buyout and the wrap around agreements? Is that correct? GLTA
I would expect some huge buying the rest of this week in advance of this announcement. The market has been doing very well so this should portend great profit numbers for the HNS Fund. Not to mention that the "accretive" dilution program should be paying big dividends now. Next quarter we should see the benefits of our slice of the upcoming Facebook IPO. Nothing but great news for HNSS shareholders!!! Just think if we get any other follow up items like the full disclosure, patent approvals, microfill rollout, etc. etc. We could see well over a dollar per share by the end of the 1st quarter!!!! Go HNSS!!!!
Anybody know the status of our wonderful CEO Timmy? Is he in jail or on trial for something? GLTA
The CEO won't talk to us. There is zero transparency and the PPS is at $.001. Earnings are a month late. No PR's are ever followed up on. And you are expecting to be a millionaire? Good luck with that.
"but to state as fact that the investment community does not believe in HNSS or Black is just simply untrue."
It certainly is true. PPS back in the trips but Black's last set of financials said the company was making money. Now if the company is indeed making money, and investors believed that, they would be loading the boat and the PPS would be much higher and reflect those financials. Now please don't tell me about the evil shorts and MM's who are supposedly manipulating the stock. And besides, if that was the case, Black said he would buy back stock or sell the company to overcome that. We are still waiting for him to do either one of those. GLTA
I am sure we will get some blockbuster news tomorrow. Manana. Buenos Dias. GLTA
Well you must be in the minority because the PPS is in the toilet. If there were a lot more people like you it would be much higher. GLTA
Nothing that has been PR'd has been verified. i.e. the investment community doesn't believe what has been PR'd and Black has been silent for months. Consequently nobody is buying. GLTA
Being an investor in this stock is hurting plenty. Back in the trips again and total silence from our CEO. What's up with the earnings being so late anyway? I would think Black would want to get that great news out to the investment community ASAP. GLTA
Good morning HNSS'ers. Today could be the day that Black talks to his shareholders after 4 months of silence!!! Lots of big news on the horizon!!! Only a matter of time until we find out why Black thought this undervalued gem was worth more than the "buyout" offer of $.01!! Go HNSS!!!!
How could anybody ever doubt that Black is going to deliver the goods here? He has never let us down yet has he? Has always followed up on everything that's been PR'd and been open, honest, and straightforward with shareholders to this point. Just a matter of time until those Microfill patents are approved, Microfill launch takes place, the full disclosure comes out, German company's place those microfill orders, buyout or share buyback happens, Fortune 500 negotiations are complete, blockbuster earnings are released, etc. etc. If any of those things happens this thing will rock!!!! Go HNSS!!!
Who knows. The way that HNS Fund is kicking butt they could end up being a major underwriter of the Facebook IPO this week. We will be even more golden then!!! Load the boat!! Go HNSS!!!
That's what happens when the CEO doesn't tell you what's going on. No news since the last "earnings" statement in September of last year and the latest financials are now almost a month late. There's really nothing to talk about. Wonder what's happening, if anything? GLTA
Hey, you gotta have fun when you are losing your shorts on a stock like this. Any word from Black yet? Each day that goes by with no news just makes the anticipation build that much more!!! When news finally hits the lid is going to blow off this one!! To da moon!! Go HNSS!!!
Yeah. We've been doing a lot of that lately haven't we? Those profit numbers are so large it is delaying the release of the financials!!!! It's going to be huge so what's another few months or longer to wait!!! Go HNSS!!!!
I'll bet Boner will come through with a major stock buyback to kick start the PPS and demonstrate his confidence in this undervalued gem!!! Could happen any day now!!! Load the boat!!! Go STTN!!!!
Oh come on. That's a real lowball estimate. Only a $300-$500 million market cap? For this technology? Have you seen what it can do? Well, I guess nobody really has. But have you seen their wipes plant? Well, I guess we haven't seen that either. How about those production numbers last year!!! Well, I guess we don't know what those are either. Oh well. I'm sure it will be a major game changer!!! Black said it would didn't he!!!! Go HNSS!!!
Shouldn't be an issue once it starts trading north of $10 or so!!!! Go HNSS!!!!
That would put the market cap of HNSS at around $5 billion so that's probably about right for this game changing technology. Can't wait for that launch!!! Go HNSS!!!!
I think you would see a hostile takeover by the likes of J&J, Boston Scientific, Merck, Pfizer, or someone of that nature before HNSS could even crank up the assembly lines. The nature of this game changer is such that the big hitters in the industry would be fighting over the technology. We would all be instant millionaires the day it happens!!!! Go HNSS!!!!
Looks like buyers are jumping all over these cheapies today in anticipation of a great quarter. Zero volume. Too funny. GLTA
News could be here any day now!!! Microfill, full disclosure, patent update, Fortune 500 negotiations, buyout, stock buyback, Germany buyers, etc. etc. Let's rock!! That HNS Fund has to be kicking butt!!! Go HNSS!!!!
Well, who was wrong last time? I believe it was you. The company recorded a loss when you were predicting great profits. As for this next quarter, sales should be up but the jury is out on profitability and cash flow. If the workers compensation costs continue it could be ugly again. Time will tell. GLTA
Regardless of who is right or wrong it is not an issue with most companies. The fact that it even happened and is being discussed is not good for the company, regardless of what you believe. Making payroll tax payments is a non-issue for most company's. The reason it's an issue with Bonar is because the company has cash flow problems as reported in the most recent 10-Q and that should be a concern to all investors. GLTA
How can you say that when you don't even know the reason for the change? Most likely it had to do with Bonar being delinquent in paying the $6.6 million in taxes and related penalties. The jury is out and that's why nobody is buying and the PPS is in the toilet. GLTA
No interested buyers and no news for a long time. The jury is out on this one. GLTA
Clean what things up? The auditor can't clean up the payroll tax issue. The company has to do that. It's not that difficult to pay your payroll taxes on time. 99% of businesses do it. For some reason Bonar has a amnesia when it's time to write the payroll tax check. GLTA
Form 8-K for SMART-TEK SOLUTIONS INC
--------------------------------------------------------------------------------
24-Jan-2012
Changes in Registrant's Certifying Accountant, Financial Statements and E
Item 4.01 Changes in Registrants Certifying Accountant.
(a) On November 28, 2011, John Kinross-Kennedy, Certified Public Accountant ("Kinross") resigned as Smart-tek Solutions, Inc.'s (the "Company") independent registered public accounting firm. Kinross audited the financial statements of the Company for the transitional period ended December 31, 2010 ("transitional year-end"), and the fiscal years ended June 30, 2010 and 2009. The report of Kinross on such financial statements, the most recent dated April 16, 2011, did not contain an adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles. Between June 30, 2008 (the date of engagement) and November 28, 2011 (the date of resignation) there were no disagreements with Kinross on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Kinross, would have caused Kinross to make reference to the subject matter of the disagreement in its review of the Company's consolidated financial statements for the transitional period ended December 31, 2010 ("transitional year-end"), and the fiscal years ended June 30, 2010 and 2009.
The Company has requested that Kinross furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter, dated January 20, 2012 is filed herewith as Exhibit 16.
(b) On January 20, 2012, upon the authorization and approval of the board of directors, the Company engaged PMB Helin Donovan Consultants and Certified Public Accountants ("PMB") as its independent registered public accounting firm.
No consultations occurred between the Company and PMB during the transitional period ended December 31, 2010 ("transitional year-end"), and the fiscal years ended June 30, 2010 and 2009and through January 20, 2012, regarding either (i) the application of accounting principles to a specific completed or contemplated transaction, the type of audit opinion that might be rendered on the Company's financial statements, or other information provided that was an important factor considered by the Company in reaching a decision as to an accounting, auditing, or financial reporting issue, or (ii) any matter that was the subject of disagreement requiring disclosure under Item 304(a)(1)(iv) of Regulation S-K or reportable event requiring disclosure under Item 304(a)(1)(v) of Regulation S-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit is attached as part of this report:
Exhibit No. Description
16 Letter from John Kinross-Kennedy, Certified Public Accountant to the Securities and Exchange Commission
Any idea on why he changed accounting firms? Thanks.
It's actually "no information". And you're right-he doesn't have to say anything. But if he doesn't, no new investors will come to the stock and the PPS will languish as it has been doing. But I don't think he really cares about that anyway. GLTA
No volume yet today? Hard to believe people aren't loading up on these cheapies with blockbuster news right around the corner. Go HNSS!!!! GLTA
My guess is the earnings are late because the profit numbers are so much bigger than last quarter so it is taking much longer to compile them this time!!! It's going to be huge!!! Go HNSS!!!
Good morning Olanda. The earnings release is 3 weeks past due so it could come any day now. Just think how much money that HNS Fund is making with the market in general kicking butt!!! This could be huge!!! Load the boat everybody!! Might even get a plug from CNBC so let's watch out for that. Go HNSS!!!!
I don't think you can at this time. I would call them and see what they say. Good luck.
"we'll hear about them when it's time to hear about them. Not before"
Yep. Like everything else surrounding this company, I am sure we will hear about them tomorrow. Manana. Buenos Dias.
I know. It will all happen tomorrow. Manana. Buenos Dias!!!