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Stox, I think you may have a handle on what's been happening with HISC stocks/company money.
Our BOD has brilliantly led us down almost from the time they took over but have managed to stop the free fall at .0001. It appears they have blamed trhe fall on others for "unloading" vast quanities of stock to depress the value but that sounds somewhat unlikely, it would hurt them as much as the rest of us.
The NASDAQ page I recently read showed the free fall started before and lasted long after the accused had stock to sell, and their total stock holdings seem to be a pittance in view of the stocks that have been sold since the straw villians left.
Given the amount of stock sales NASDAQ shows suggests the company almost had to be quietly flooding the market with really large volumes of stocks since they got in total power. If so, selling stock does not make our company conpetetive; did they do that from a postition of strength or from an empty band vault? If that is so, why? Where did the money from the stock sales - or CT sales - go?
The hopeful expectations for a good announcement early this week has, again, been squashed by silence. Once again we must re-wonder just why our trustworthy (?) heros caved in so fast and so far in the settlement agreement. I guess we'll know if/when we become Global Teck and disappear in the financial seas or our "worthless" Evans stock takes off.
The opening prices of the Evans empty shell stock suggests maybe some of the market's "big Boys" just might trust the board's consensus "villians" more than they do our own "magnificent three." ???
I, for one, sure hope the bad guys can do something constructive with Evans since they can move foreward without the help of our heros!
The "magnificent three", our BOD (I liked that term!) seems to have failed to maintain Evans on the BB well before the "settlement" with FM and BA occured. That hurt the potential value of our dividend stock and it had no obvious gain to HISS. Later, even if the BOD might have "won" a better settlement, we were already stabbed in the wallet.
Why would they do that to us??? Was it just sour grapes or a scorched earth action?
Great info WardOff, that looks like what I had hoped to find but it seems incomplete. I only see Moody listed once, Aug 24, for $301.6K and, if that was a sale, it doesn't seem out of line. But I recognise no other HISC name on that list, and nothing that shows BA either.
I'm so ingnorant of all this stuff I don't really understand the chart, is that what those people owned or is it what they sold that one point? If it was a one-time sale, Moody's is large but not enough - I think - to depress and hold down the price for so many months. ?? Anyway, for whatever reason Moody left the company, it doesn't seem out of line for him to sell his holdings afterwards, especially if he wanted to make a complete exit from HISC and be done with it. ??
Is that list a TOTAL readout of all the "insider" sales during the period? If so, to complete the picture, I'd also like to know how much newly minted stock the company put up for sale during that period.
Our guesses of who might own what company names and who sold stock is interesting but not proof, right? I'd like to see what the whole picture would show so our confidence and finger pointing could be based on knowledge rather than hopes we are right.
I saw that comment and wondered about it. It's part of my curiosity. I've read site posts here back several weeks and find a lot of angry comments about Moody and BA dumping large volumes of stock last year but nothing I found actually documents that. So, ok, it may be true, but I'd like something more impartial and substantial than passing comments from the various parties.
Actually I suspect all of the officers have sold some stock and there is nothing inherently wrong with that unless it was massive and sustained, either at a personal or company level.
If I'm going to be raped without being kissed I want to know for sure who is doing it. No rumors, guesses or suggestive company posts. Truth isn't a matter for majority vote and there must be a way to find a firm accounting of who sold large quanities of stocks in '06. That, as solid info, would give me a confidence factor I don't have now.
Ski, you may have the info I would like to see. Where did you find/learn that Moody and/or BA dumped enough stock to cause and maintain the price crash?
I mean, I know a lot of stock had to flood the market since last spring but I don't know how to find out just who did how much selling. Can you clue me in?
No offense intended, none taken. I was only thinking that a lot of local chatter is in anger at Moody and Big Apple over the assumed selling of large amounts of stock which suppressed value. What I would like to know is if that is actually true, and to what extent others may have contributed.
I'd like an accounting of all stocks sold by everyone involved with the inner workings of HISC: Moody, BA, Wicks, Riley,Riley, etc. And an audit of the finances too. That information would answer a lot of questions, fast.
Spence, thanks for the "other side view". Maybe so, time will tell.
Don't misunderstand, I'm not saying the HISC BOD hasn't been trying. They obviously have a personal financial stake in the company's success. That means they must keep the CT as company property and bringing it up to date with new technology is neccessary. I applaude that effort but it looks like BOD performance has been spotty, at best. And wild guesses as to who might have done what/when with the stock isn't evidence of present BOD performance.
Yes, I sold my HISC after getting the Evans, but I'm not without interest in HISC. I still have friends who hold that stock and want them to benefit from it. You guys too!
Now that foreknowledge guess is a good possibility, it could explain why Evans was allowed to go pink but guesses aren't evidence. Going pink has HURT US, no guessing!
Fred has written his "concern" about us but this oversight in filing (?) doesn't reflect concern. At least to me! Curious isn't it?
Thanks. Well, maybe they can/could.
But my rumbling gut tells me things the rest of you don't hear. I'm leery of the BOD and the rest of you aren't. OK, but I see far too many position shifts, delays of dividend, no stock holders meeting since Oct of '05, "mistakes" like thinking a settlement had occured before it had, long-term falling and total suppresion of the price, etc., and most of that has happened over the last 8-10 months under the present management. It almost seems some of you either have inside HISC info or wild-assed guesses to safely explain odd things away (Like, Frank "wanted" Evans to go pink sheets. So, Frank must have faked the HISC BOD into failing to file the proper papers to keep it on the BB?). But I have no such faith and I won't let my heart be my broker.
In fact, for those who appearenty have total trust in HISC and total distrust of Moody and BA, and vehemently don't want anything to do with Evans/FM/BA anyway, I'd like to buy that worthless "empty shell" restricted/pink sheet EVSC stock for, say .002, that being about twice what HISC stock is going for now? (... can we individuals sell stocks between ourselves without a broker being involved?)
Ok. I think. But Frank and BA sure seem to be thinking there is value in there somewhere. If so, the BOD lost it.
Does it make sense that the EVSY BOD weren't aware of Evan's address, even if it is in Texas?
Well, if I had as much to gain as they got, I'd sure be in the fight. But to win a fight like that requires that you have a leg to stand on. Looks like the BOD didn't have that leg to me.
Okay, I just read that 8K again. It's dated today, Mar 2, but the paragraph dealing with the EVSY down grade to pink is dated Feb. 26, last Monday. The down grading events almost had to have happened well prior to that date, much before Moody/BA had any input about it.
So, I wonder why the required filing of whatever form wasn't done properly? It appears that team Wick/Riley emptied our new stock's bag well before they handed it off in the settlement; it looks to me like they knew what was coming Monday and shot us all in the ass!
If I'm right, it wasn't the new/old guys who screwed our already meager stock dividend fellows, and going pink with EVSY has certainly hurt us all. Again. And Evans was what I had hoped would at least get me back to even in this game.
I don't for a minute believe the BOD gave up so much so quickly out of love for Moody and BA. Giving all that and even agreeing to cover BA/FM's legal costs to settle the suit seems more than a little strange if they were in the right. They must have been holding a badly loosing hand or surely they would have defended themelves and the company in court! I'd sure like to know the facts, especially after all their recent bold announcements.
Well, I'm a newbey here and don't know a lot of the history but I'm not totally blind. Or am I ... have I overlooked something????
I'm not sure I understand all I read on the news but I'm sure not happy that my Evans stock has gone pink. And that stock belongs to all of us, we holders get no advantage in it being down graded.
Now, I wonder just why/how/when Evans got pushed back to pink sheets. Was it because of something Moody or BA did, or ....?
I just pray the BOD nor anyone else has done anything to torpedo the conversion to GlobalTek soon, or to hurt EVSY either. We've had a lot of delayed or cancelled hopes and we all have a real need for those transactions to work out, ASAP. Cross fingers .... and toes!
OK, so I've read the posts for the last couple of weeks now and learn that the finger has been pointed at Moody and BA. But I still wonder if that is the single answer to why the HISC stock fell so fast and has been pinned so low for so long.
For sure, A LOT of HISS stock has been sold since last spring, enough to keep the market well diluted. Would Moody and BA have had enough personal stock to drive prices down and keep them down so low for so long? And how much company stock has the BOD sold (OR personal stock?) during the past 8-9 months? And what is the actual HISC total approved/issued stock and float now?
The (patent pending) CT has a tremendous potential that's still not being reached. And it's been almost a year since Moody left. ??? I have so many questions, there are so few answers.
Thanks, but color me dense, I'm still confused. Who pumped and dumped, the new HISC BOD or the old? Or both FM and BA too?
I recently found this site. I was a HISC investor until we got the Evans "dividend", then sold HISC immediately. Now awaiting some action on Evans, hope the changes of last week are a good omen. I finally lost hope on HISC and the "new" BOD management last fall after reading so many "wild-ass dream" public letters with little appearant focus on the business at hand.
Questions: What did "BA" (Big Apple?) do that has so many ticked off? And "FM" (Frank Moody?) too?