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They got current for a reason so all hope is not yet lost, IMO...if the MMs want this to run, they will make this run. With the right news, that wall may come down awful fast as well. We'll just have to see how it all plays out.
It's a .0001 play. If they were a guaranteed sure thing, everybody would be investing in them and retiring off the returns.
$632k
Totally agree...
"Fool me once, shame on you. Fool me twice, shame on me."
....fool me three times and I must be an HCTI investor. ;)
I was really hoping for news this week after they got the bad news out of the way last week...hopefully we'll hear something soon before all interest in this stock dies and even the best of news only sends it up to $.0002.
Good luck to you.
Many convertible notes allow cash payoffs at the noteholder's discretion...and most noteholders like you find with shady companies such as EEGI (at least until this new company comes in, provided they're legit) are not exactly known for their integrity and prefer to convert into shares and unload them.
Odds are good that cash payoff was not an option.
The problem being mentioned in suggesting HCTI won't share in the ownership is that if the new patents are built upon NTI's patents, they won't be granted because they cannot stand on their own.
Now what might be possible is if NTI were listed on it as a joint-owner in addition to HCTI and their partner companies, but then NTI may claim a cut should the patents ever be purchased.
That's pure speculation if it's even allowed as I'm not super familiar with the whole patent process.
From what I saw it appears it moved hard on announcement of the MS settlement.
If that's the case, with the right news, it'll move.
Good to hear it's still in the cards!
Kay mentioned there (should) be another PR by early April if all goes as planned. No idea what that one is regarding though.
While management has severely disappointed its shareholders here, HCTI is not a shell company. They do have products which have been verified by past/present shareholders and at least one distributor (Industrial Finishes) that will verify they actually sell their products. There is also a contract with PPG-Comex but I don't think anyone has been able to find the product that involves HCTI.
Well, yes, we all know there is dilution as well but who's buying them when retail can only trade out to 4 decimal places?
A while ago Kay had mentioned there were some restricted shares that had been converted or something and mentioned there was a small amount left that may still be converted. I'd imagine that's what we're seeing?
It's MMs having fun with a no bid stock...I've seen some go out 7 and 8 digits past the decimal point.
Yeah, the day of the RS when most of the brokerages still couldn't buy or sell, someone with a brokerage that was ahead of the game placed a nice buy order at $1/share.
I had 10,000 shares post R/S and it was nice seeing my investment worth $10,000........while it lasted.
Looks like a pretty distinct head & shoulders pattern formed on the chart beginning around Feb 1st...I'm expecting a downtrend for a bit as indicators are also showing the buying volume is beginning to dry up.
I'm kicking myself...I started investing 2 years ago. Being a computer geek, AMD was my stock of choice as I knew the potential for recovery was strong. Bought in around $2/share. Sold for a small loss after I got nervous.
Shoulda stuck with my gut instinct. lol
Don't do it. I tried it not long ago and ended up losing 50k shares in the end...lol
Oh I have no doubt...I'm not nervously selling for quite some time and then the only reason I may be nervous is fear of letting too much go too low. lol
This stock is just a weird one...it runs great on no news randomly and drops on positive news. I was just telling my buddy the other day, they could announce a binding buyout agreement with a major company at $2 per share and the share price would probably still drop.
It's just stupid like that. lol
Maybe they cleaned out their break room refrigerator and sold off a couple cases of old beer? lol
With all these orders, I'm curious how financials look...last time I expected big revenues based on previous filings, I think they showed either $0 or $17.
If they could generate a steady flow...and shut down the printing press...the price would go up.
YTD Revenues (excluding Q4 figures): $391,000
Highest Paid Executive Salary: $150,000
$391k > $150k
Because math.
False.
From the DEF14A:
Director Compensation
All three of our directors were also our executive officers through December 31, 2015. Our directors did not receive any separate compensation for serving as such during fiscal 2015.
Effective January 25, 2016, the Board of Directors determined to increase the base salaries of its officers and employees, including its named executive officers, such that the new salaries are comparable to similarly situated companies. Consequently, the base salaries of Mark Kay, George Waller, and Ram Pemmaraju have been set at $150,000 per annum. Other employees were granted increases to between $105,000 and $125,000 per annum. Additionally, our officers forgave an aggregate total of $699,000 of accrued payroll, from prior years' missed salaries, that we owed to them.
But they're still generating revenues thus my point was proven.
Funny thing is, look at Apple's stock performance for their first 20 years as a public company...aside from a couple brief runs up, the stock stayed practically stagnant. None of their initial investors got rich off of it unless they held it past 2004.
I'm not saying we're better than Apple nor will we EVER be better than Apple, but it just goes to show that even a long-term shaky past can turn into a very bright future.
Hrmmm...that's odd...their last 10-Q filed with the SEC shows $183,000 in revenues last Q. The Q before that $126,000. Before that $82,000. And before that $50,000.
I guess they are lying to the SEC.
Damn, and I was sure that looked like steady growth...guess I was wrong.
Plus depending on the terms at a 40-60% discount...I still think this will pop if something legitimate is announced. But I sure am not dumping all my cash into this one. It's just been a fun lottery play.
Turned $200 into $250...and hoping to turn those free shares into $5-10k+ with good news.
Yeah I know...I'm a big spender :-p
Request the judge order them to stop selling products and providing services that are utilizing their patents.
I'm reading up injunctions now...curious if an injunction would even be granted? Mainly because of one factor...the effect it would have on the general public. It could leave millions of the defendants' customers unsecured and the judge might feel that's too risky for them. Not sure?
This is an interesting process all around...patent cases are unfamiliar to me so it's neat learning how this stuff can go.
I can't speculate on their response to the IPR but I think their response to the general court case should be an ultimatum...
Pursue the IPR -- file permanent injunction and all negotiations are off the table. Pursue trial with treble damages. Or settle now.
Thanks
Do you know how long they have to decide if they're even going to review or deny it altogether?
Either she's right and you'll be glad you caved...or you're right and she's gonna kick herself for missing out on another 500k shares worth of gains.
lol
Never hurts to take profits and cover your initial investment though.
In addition, if you bought at various dates and wish to unload at various points, you will want to check how your tax lots are setup...
First in First Out
Last in First Out
Otherwise you may be selling after a year but the newest shares are being sold still causing you to owe short term gains.
I'm not a tax/investment advisor and recommend anyone looking into the above discuss it with their accountants or investment advisors.
Exactly...look at SF*R
They got a lawsuit settlement that allowed them to pay off all their toxic notes. One noteholder refused to accept the cash payment and demanded shares which bloated their clean, freshly reverse split OS right back up to over 2 billion shares. Some noteholders are dickheads.
Not necessarily. Nobody knows the value of their patents. They could be worth next to nothing or if they start winning/settling all these suits with these huge companies, they very well COULD be worth billions.
The fact that at least one of their law firms is working on contingency says the odds of those patents holding SIGNIFICANT value is much higher than them being nearly worthless.
Doubt it unless big news drops, but I won't complain if I'm wrong either lol
I'm still in...still hoping for big things to come...just had to laugh at that one.
We have revenues!!!
lmfao...$190 worth...
This was never a long-term hold for me...these companies are loaded with dishonest IR people and terrible management.
It still doesn't mean you can't make bank with this stock if you play your cards right.
A $10,000,000 market cap still would give you a ~1100% ROI.
We saw Strikeforce Technologies Inc (OTCMKTS: SFOR) up nearly 20% in one day, recently.