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We just broke the .04 barrier...will it stick???
I'm in at .0032 just for chits and grins. Also picked up some EYII. HYRF continues to surprise. I bought that a while back at .0038 and today it could break .04
jc
Good morning. I have a freebie membership, so I can't respond to private messages. I am still wondering what is really up with HYRF. It's having a hard time cracking .04 but if it does I don't see where it will go. For that matter recent PR's have been encouraging but I don't know why the price shot up ten fold. Either something is up we don't know about or it fizzles.
jc
HYRF another gap up.
DSDstock...I think that the change to a 1934 Corp from a BDC already has affected share price. Most who follow the stock knew that the change proposal would be voted on during the Jan 18 meeting. The rise in share price to nearly ten fold has occured after that meeting. I believe that the mention of audited financials is a prelude to become a fully reporting company again which is necessary to get HYRF off the pinks. Given the past history of HYRF with painting a "little too rosy" picture with forward looking PR's , I can only imagine that statements in the recent shareholder's update to higher expectations for this year are well founded. I would be shocked if HYRF tried any more of what buried them with the SEC the last time around. I am not expecting anything earth shattering, just a slow steady climb back to a viable growing business concern. At least that is what I hope to see.
jc
P K G ...I don't know the answer to that. I do suspect it is short positions being covered with buys on the open market, hence the current prices.
just hit .04 on no news...???
.038 x .04
No, I took a shellacking on that one. Massive dilution and broken promises. ....a real dog.
jc
It was once at about $1.30 a share. It now has about 5 times the shares outstanding of which Dennis mast owns over 50% and I know he has not sold.
jc
Good luck to you. I can't believe my incredible good fortune here. I can only attribute to God's good graces. I bought a lot of shares at 0.0038
jc
Up strong this morning on good volume with no news out...hmmmm
jc
It looks like a gap up this morning and pretty decent volume early on for HYRF.
jc
It's hard to say what will happen day to day. HYRF is so news sensitive. Since BCGU has come on board HYRF seems to be more prone to press releases. The former CEO ( Dennis Mast) ran afoul of the SEC and since then HYRF has been VERY gun shy about PR's. Mast's SEC woes were related to misleading PR's. The result was a class action by the Rosen law firm. The new consulting group, BCGU, seems to have provided HYRF with capital to go foreward not to mention BCGU is run by a securities lawyer. It is my understanding that BCGU not only aids HYRF with press release review, but also is handling the review of the financials so HYRF can become fully reporting, and BCGU is no doubt helping with the class action. BCGU was present at last month's shareholder meeting. It was BCGU's recommendation that HYRF remove itself from BDC status and go to a C corp. These measures were approved.
I believe the advent of BCGU has led shorters to reconsider their position.
jc
I followed you here from your recent HYRF post. I am a long time share holder and have done quite a bit of digging on HYRF. I am personally persuaded that this company is on the rebound. I have visited their facilities to verify that they are real. I have contacted end users of their waste water treatment equipment. They hold the patent to equipment that, according to the plants and engineers I have spoken with, work every bit as well as advertised. ConAgra has given HydroFlo approved vendor status. Tyson Foods is test using one of their systems. These systems have a large potential market in the food processing industry as well as municipal waste water pretreatment. These systems are very effective in controlling corrosion and eliminating sulfide related odors. I strongly suspect that in the near future we will see AUDITED FINANCIALS AND A MOVE OFF THE PINKS. I believe we will hear of INCREASED ORDERS FOR THEIR SYSTEMS. I believe we will hear of IMPROVEMENTS OF THEIR MARTI WATER FILTRATION SYSTEMS as well as INCREASED SALES OF MARTI PRODUCTS. I believe a big sleeper may be the SAFETY SCAN TECHNOLOGY. I also believe WE MAY SOON HEAR OF A SETTLEMENT REGARDING THE CLASS ACTION against HYRF. I don't KNOW any of this, but years of digging leads me to believe it for my own purposes. However everyone should do his/her own research.
It is no secret that the former CEO through greedy stock manipulation ran this stock into the ground. But the company under the guidance of it's new consultant, BCGU, is likely going to survive and rebound. I believe short covering accounts for the recent jump in share price.
In short, the company's products are very good and I believe with proper guidance HYRF is on the comeback trail. I have no desire to blow smoke up anyone's arse. This is a speculative play to be sure. But I believe there is good potential.
jc
http://www.mirror99.com/20050613/hydroflo_technology_highlighted_worldwide_on_gef.jspx
http://newsblaze.com/story/2004051206201400010.pz/newsblaze/ENVIRONM/Environment.html
http://www.meatnews.com/newproducts2/index.cfm?fuseaction=details&product_ID=62
http://forklifts.industrysearch.com/cgi-bin/portal2/main.plx?file=8901.txt
http://www.pollutiononline.com/storefronts/hydrofloinc.html
http://www.wcponline.com/NewsView.cfm?pkArticleID=3034
http://healthworldnews.tv/episodes/HydroFlo.html
http://finance.abc11tv.com/abc?ID=3662698&Account=wtvd&Page=NewsRead
http://finance.abc11tv.com/abc?ID=3696365&Account=wtvd&Page=NewsRead
http://www.workpad.com/index_item.aspx?ObjectID=3354
http://www.asiawaterbusiness.com/news_show.php?language=english&n_id=1298
http://www.asiawaterbusiness.com/news_show.php?language=english&n_id=378
http://wrrc.p2pays.org/vendor.asp?ID=4032
http://www.gnet.org/businessdirectory/member_detail.cfm?viewmember=4742&alpha=H
http://newsblaze.com/story/2005031705461600002.mwir/newsblaze/NEPAL001/Nepal.html
http://www.onlypunjab.com/investments/fullstory-insight-investments+stocks-newsID-991.html
* http://www.depweb.state.pa.us/watersupply/cwp/view.asp?a=1282&q=449865
* http://www.dep.state.pa.us/dep/DEPUTATE/Watermgt/wsm/WSM_TAO/InnovTech/ProjReviews/PLUS-Pretreat.htm
* http://www.waterandwastewater.com/www_services/newsletter/december_1_2003.htm
* http://www.ahs.dep.state.pa.us/Clearinghouse/Content/TechnologyRecord.asp?Technology_ID=%7B900A6B2C-...
http://www.waterandwastewater.com/www_services/news_center/publish/article_00633.shtml
http://www.feedsfarm.com/feed/a9e60c8c7f042c75960481e132c57a8cf8bcdb26/archive/
* http://www.cenews.com/article.asp?id=1032
http://www.tvaproductions.com/pdf/PL1435.pdf
http://www.workpad.com/index_list.aspx?ObjectID=3353
http://www.filtsep.com/business_news/webzine_business_news/180505_hydroflo.html
http://library.consusgroup.com/library_pvw/161/161515.asp
http://waternet.com/article.asp?IndexID=6635343
http://www.filtsep.com/business_news/archive.htm
* http://www.foodcontamination.ca/fsnet/2005/6-2005/fsnet_june_15-2.htm
http://www.environmental-expert.com/tech_result.asp?idcategory=572&idmainpage=32&todos=0&...
http://www.foreigntradeexchange.com/suppliers/water_treatment.html
http://www.cfo.com/article.cfm/7155697?f=related
* http://www.soe.uoguelph.ca/webfiles/khosrow/wrric/Cases/hydroflo.htm
* http://www.ncsu.edu/news/dailyclips/0605/061005.htm
* http://www.ncsu.edu/news/dailyclips/0903/090903.htm#12
* http://www.findarticles.com/p/articles/mi_pwwi/is_200503/ai_n13475840
* http://www.water-manual.info/water-treatment-system/
http://www.publicintegrity.org/lobby/profile-pf.aspx?act=states&year=2003&st=NC
http://www.senate.gov/pagelayout/legislative/b_three_sections_with_teasers/clientlist_page_P_R.htm
http://www.primezone.com/newsroom/news.html?d=60892
http://sec.gov/rules/petitions/4-500/mlbaum050205.htm
Monthly update is out. Highlights include a statement regarding financials ( under review and on the way to auditors) and continuing sales of waste water treatment systems:
http://www.hydroflo.us/Content%20Pages/letter%20to%20stockholders%2001-2007.pdf
Thanks for the info.
jc
I have absolutely no idea. One thing remains in the back of my mind...the volume two days ago. It involved well over a million dollars in stock changing hands and the majority was buying. I don't think a few chat room posters dabbled in a million dollars worth of HYRF... It may have been short covering. Someone either knows or suspects something. The recent news is good, but not earth shattering. HYRF is not dead. That is evident. The coming days and weeks will be interesting.
jc
It's lack of patience. They saw you coming. If you are determined to get the best possible price, put in a low ball limit order GTC and have a little patience. They usually fill in time.
jc
You're welcome.
The agreement:
Purchaser Agreement
This Purchaser Agreement dated this 1st day, November, 2006 by and between HydroFlo Water Treatment, Incorporated, a North Carolina corporation located at 2501 Reliance Ave. Apex, NC 27539 (the “Company”) andShine Holdings, Inc. a North Carolina corporation located at 2500 Regency Parkway, Suite 224, Cary, NC 27511 (the “Purchaser”).
RECITALS
A. The Company is engaged in the manufacture and sale of water treatment products, certain of which products are more particularly described in the attached Schedule A , as the same may be hereafter amended by the mutual consent of the parties (collectively and including any other products listed in the Company’s catalogues from time to time, the “Products”); and
B. The Purchaser engages to sell such Products to the end-users listed on the attached Schedule B in connection with those end-users’ operations located in the geographic areas also listed on the attached Schedule B , as the same schedule may be hereafter amended by the mutual consent of the parties (the “Customers”); and
C. The Company is willing to manufacture and supply Products to the Purchaser and to appoint the Purchaser as a distributor of the Products on the terms and conditions set forth herein;
NOW THEREFORE, in consideration of the premises and the mutual promises and covenants set forth herein, the parties hereby agree as follows:
1. DISTRIBUTION RIGHTS . Subject to the terms and conditions set forth herein, the Company hereby appoints the Purchaser as a distributor of the Products to the Customers for the term of this Agreement as provided in Section 2 below. The Purchaser agrees that it shall not, directly or indirectly, offer, market, sell or otherwise deal in any products substantially similar in design or usage to the Products for sale to the Customers. No right or license to manufacture the Products are granted to the Purchaser by this Agreement.
2. TERM . This agreement shall commence on October 01, 2006 and, unless sooner terminated as provided in Section 7, shall continue in full force and effect for a period of one (1) year (the “Term”). This agreement shall be self renewing unless otherwise terminated.
3.
DUTIES OF THE PURCHASER .
(a)
The Purchaser shall use his best efforts to place the Products in operational use.
(b)
Guaranteed Units to be purchased according to the following schedules and minimums and exact pricing and equipment to be determined by site conditions to be described in a site characterization form (attached):
(.1) Year one beginning 10/01/06: Purchaser warrants a guaranteed minimum purchase for use in Shine operation program of 10 systems, 100 GPM or larger Prior to 9/30/07.
(.2) Year two beginning 10/01/07: Purchaser warrants a guaranteed minimum purchase for use in Shine operation program of 12 (twelve) systems 100 GPM or larger prior to 9/30/08.
(.3) Year three beginning 10/01/08: Purchaser warrants a guaranteed minimum purchase for use in Shine operation program of 15 systems 100 GPM or larger prior to 9/30/09.
(.4) Year four beginning 10/01/09: Purchaser warrants a guaranteed minimum purchase for use in Shine operation program of 20 systems 100 GPM or larger prior to 9/30/10.
(.5) Year five beginning 10/01/10: Purchaser warrants a guaranteed minimum purchase for use in Shine operation program of 25 systems, 100 GPM or larger prior to 9/30/11.
(c)
The Purchaser shall comply with all appropriate federal, state, county and local laws, rules and regulations pertaining to this Agreement and/or the acquisition, receipt, holding, selling, distribution or advertising of the Products.
(d)
Minimum quantities ordered begin with October 31, 2006 and continue monthly for the next twelve months ending September 2007. Failure to adhere per the terms specified herein or failure to order during any three consecutive months shall be considered breach of contract with remedies described in paragraph 7.
(e)
The Purchaser shall, at its own expense, make, execute or file such reports and obtain such licenses as are required by law or any public authority with respect to this Agreement and/or the acquisition, receipt, holding, selling, distributing or advertising of the Products.
(f)
The Purchaser shall be solely responsible for the declaration and payment of all local, state and federal taxes as may accrue because of the Purchaser's activities in connection with this Agreement.
(g)
The Purchaser shall maintain as confidential and proprietary all non-public information and details concerning (i) this Agreement per the attached confidentiality and non-disclosure agreement; (ii) the Products and (iii) the Company’s Marketing and Compensation Program. Notwithstanding the foregoing, either party to this Agreement the Purchaser may disclose any otherwise confidential information if the disclosure is required by a court or governmental authority.
(h)
The Purchaser shall exercise due diligence to keep the Company informed, through regular written reports, with respect to any observations or complaints received from any of the Customers with regard to any of the Products.
(i)
The Purchaser shall bear its own costs and expenses incurred in performing its obligations hereunder.
(j)
All press related to HydroFlo Inc or its portfolio companies shall be reviewed and approved by HydroFlo Inc prior to being released.
(k)
Special orders of smaller units less than 100 GPM are available upon request but will not effect miminum order size.
(l)
A 10% discount will be granted for volume purchases and the adjustment will be made at the end of the agreement term on a yearly basis.
DUTIES OF THE COMPANY.
(a)
The Company shall design systems appropriately to meet the needs for station based on conditions provided by the purchaser.
(b)
The Company shall be involved in the start-up of the system and training of the operations personnel.
(c)
The Company will make available names and telephone numbers of all PLUS system owners.
(d)
The Company will make available any and all “white” papers customarily written about the PLUS system.
4.
ORDERS AND DELIVERY. The Purchaser shall qualify submitted purchase orders for Products signed by a duly authorized officer and containing complete information regarding Product price, item number, quantity, requested delivery dates, shipping instructions and shipping address (each, a “Purchase Order”). Promptly, following receipt of Purchase Order, the Company shall acknowledge and confirm the order. Confirmed Purchase Orders shall be governed by the terms set forth herein to the exclusion of any additional or contrary terms set forth in the parties’ standard sales transaction forms.
5.
TERMS OF SALE AND PAYMENT .
(a)
During the Term of the contract, the Purchaser shall receive net pricing for each Product, less shipping costs. The Company shall furnish any revised price list to the Purchaser with a 90 day advanced notice of price increases. The list price shall be adjusted from time to time at the discretion of the Company.
(b)
All equipment produced by the company is sold f.o.b. the company’s office in Apex, NC.
(c)
The Customer shall pay for the Products in U.S. Currency by wire transfer or other payment according to the following payment plan:
(i) Thirty three percent (33%) due upon order.
(ii) Thirty three percent (33%) due upon design completion and component order.
(iii) Remaining Balance will be due prior to shipment.
(.2) Freight charges shall be billed COD to the purchaser.
6. LIMITED TRADEMARK LICENSE . During the Term, the Company grants to the Purchaser a limited, non-exclusive, royalty-free right and license to use, but not to register the name and trademark “HydroFlo Water Treatment.” Except as provided in this Section 6, the Purchaser agrees not to utilize the HydroFlo logo, or HydroFlo Water Treatment trade name or trademarks in any way or to name executives, employees, members or affiliates in any advertising format or medium without the prior express written consent of HydroFlo Water Treatment, Inc.
7. TERMINATION . In the event the Purchaser breaches any provision of this Agreement, the Company may terminate this Agreement immediately and shall have the right to seek all other available remedies. Upon the termination of this Agreement, the Company will complete the manufacture of all in-process Products subject to a Confirmed Purchase Order and the Purchaser completing the terms stated in 5. C. of this agreement, as provided in Section 4 and the Purchaser will purchase the same at the prices then in effect.
8. STATUS OF THE Purchaser . The Purchasers duly organized and is qualified and has all consents, permits and authorizations required to perform its obligations under this Agreement.
9. RELATIONSHIP OF THE PARTIES . The Purchaser acknowledges that it is an independent contractor. Nothing in this Agreement, its provisions or the transactions, obligations and relationships contemplated hereby shall constitute either party to this Agreement as the agent, employee or legal purchaser for the other party hereto for any purpose whatsoever, nor shall any party to this Agreement hold itself out as such. This Agreement does not create and shall not be deemed to create a relationship of partners, joint ventures, associates or principal and agent between the parties hereto, and the parties acknowledge that each is acting as a principal hereunder. This Agreement does not constitute either the sale of a franchise or a dealership to the Purchaser.
10. AMENDMENT . This Agreement may only be amended by mutual written agreement of the parties.
11. ENTIRE AGREEMENT . It is expressly agreed by the Parties that there are no verbal or written representations, understandings, stipulations, agreements, or promises relating to the subject matter of the Agreement not incorporated in writing in the Agreement. This Agreement constitutes the entire Agreement between the Parties hereto, and it cannot be amended except as provided in Section 10 above.
12. BINDING AGREEMENT; GOVERNING LAW AND VENUE . The Purchaser acknowledges that it has read and understands this Agreement and that this Agreement shall become binding upon the Purchaser upon execution by both parties. This Agreement shall be governed by the laws of the State of North Carolina. It is expressly agreed by the Parties that any action or other proceeding initiated by one party to this Agreement against the other party relating to or for the enforcement of this Agreement shall be brought under arbitration to be conducted in compliance with the rules of the American Arbitration Association in Raleigh, North Carolina.
Shine Subsidiary Becomes Distributor of HydroFlo PLUS Systems
Tuesday October 10, 3:15 pm ET
CARY, NC--(MARKET WIRE)--Oct 10, 2006 -- Shine Holdings, Inc. (Other OTC:SHDG.PK - News) today announces that Pipeline Treatment Systems (PTS), the Company's subsidiary, has executed a letter of intent with HydroFlo, Inc. (Other OTC:HYRF.PK - News), to begin distribution of its patented PLUS(TM) System. The distribution agreement includes both domestic and worldwide markets.
ADVERTISEMENT
The PLUS(TM) system eliminates hydrogen sulfide odor and reduces sludge at municipal and industrial treatment plants. It has provided dramatically increased handling capacity for existing wastewater treatment plants in varied locations across the country.
"I am positively delighted to be able to provide the system invented and patented by Dennis Mast and since implemented by HydroFlo," stated Mr. Brett Swailes, CEO of Shine Holdings, Inc. "It is our intention to build and expand the business of our subsidiary to meet the exploding global market for efficient waste removal. This environmentally workable, cost effective water treatment will expand the business of PTS and add substantial value to Shine Holdings."
About HydroFlo:
HydroFlo, Inc. (http://www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Apex, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. Its investment company, HydroFlo Water Treatment, Inc. designs and sells the HydroFlo Plus systems providing a method and service for treating wastewater in the force main collection system, thus controlling odors and protecting the infrastructure of the system with limited chemical use.
About Shine Holdings
Shine Holdings, Inc., headquartered in Cary, North Carolina, has a core focus of seeking out and acquiring biology and technology companies and their methodologies that will provide shareholders with capital appreciation and income. The mission of Shine Holdings is to make long-term contributions to water processing by purification, filtration and removal of contaminants from water. It is our belief that water can overcome disease and poverty, thereby improving the overall quality of life on earth.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SHDG signed an agreement to buy a minimun number of *PLUS Systems over the coming few years. SHDG is to be a reseller of the systems. When SHDG announced the agreement they errantly claimed rights to the *PLUS system. Today's PR clearly shows that HYRF retains all rights to MANUFACTURE the system. That is important to us. I will find the SHDG agreement for you.
jc
That answers another big question I had. I was quite concerned that Mast was going to somehow transfer everything proprietary to HYRF over to SHDG. This PR lays that to rest. There are three things that in my mind represent hurdles to be crossed.
1. First the class action with Rosen needs to be put to bed.
2. HYRF needs to become fully reporting.
3. HYRF must continue to keep us informed with every bit of news there is. Hopefully with a preponderance of positive news the MM's will not take us right back down and the naked shorts will know HYRF is not dead.
I think that HydroFlo is not in as bad a shape as I once thought. But we shall see.
jc
HydroFlo tells Shine Holdings " Not so fast..."
Press Release Source: HydroFlo, Inc.
HydroFlo Affirms Patent Information for the HydroFlo PLUS(TM) System
Tuesday January 30, 12:30 pm ET
APEX, NC--(MARKET WIRE)--Jan 30, 2007 -- HydroFlo, Inc. (Other OTC:HYRF.PK - News) announced today that the January 16, 2007 press release issued by Shine Holdings, Inc. (Other OTC:SHDG.PK - News) contained material errors in its facts.
ADVERTISEMENT
In its January 16, 2007 press release, Shine Holdings implied that it possessed the rights to a patented wastewater odor control system. The Shine press release states that the odor control system was patented by Dennis L. Mast and licensed to HydroFlo, Inc. The correct statement should have read that the odor control system was invented by Dennis L. Mast, filed on January 11th 2000, patented and assigned to HydroFlo, Inc. on September 4th, 2001. Since its inception and original assignment, HydroFlo has maintained all rights and ownership of this intellectual property and has not licensed any distributor or manufacturer's representative to produce this system. The patent may be found at the US Patent and Trademark website (http://www.uspto.gov/) by searching for patent number 6,284,138.
In addition, certain references were made to the PLUS(TM) system for odor control. The corrected reference should have been the "HydroFlo PLUS(TM) System" since the intellectual property is owned by HydroFlo, Inc. Finally, the Shine press release stated, "This is not just a fanciful notion on our parts; sites have already been located and have gone operational in Florida, North Carolina, South Carolina, Washington State and elsewhere."
While no HydroFlo PLUS(TM) systems are installed in Florida, the remaining mentioned sites in North Carolina, South Carolina and Washington State are all prior installations by HydroFlo, Inc. and should not be interpreted as installations resulting from the efforts of Shine Holdings.
HydroFlo, Inc. is headquartered in Apex, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. The mission of HydroFlo, Inc. is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. For more information, please visit www.hydroflo.us.
Thanks for the advice. I will watch it closely.
jc
fortunately I am home today. I will just sit and watch. late in the day I will get my money back. Thankfully it would have to drop to under 1/2 a penny before I could lose. It's nice to be on top of one like this.
jc
Thanks. I am at a place of making a call right now. Probably sell enough to cover my initial money.
jc
I have followed this company for years. They have great products. And I think the Safety Scan technology could pan out eventually. Lousy management has been the problem.
jc
I bought 1M shares at .0038
jc
It looks like shorts may be covering.
jc
I will take your word about selling his own stock. I think the company can likely show that it is not in as bad a financial condition as we may suppose. I have have followed up on a number of claims concerning the water and wastewater treatment systems and found them to be factual. I assume the latest claims of installations in Western NC near Cashiers ( about an hour or so south of me) and in the desert southwest are factual as well. It is my understanding that BCGU is in the not too distant future going to assist HYRF in filing proper financials and aid HYRF in getting off the pink sheets. And HYRF was heavily shorted for some time but was removed from the Nasdaq Naked Short threshold list and I have not seen it reappear since. So those betting that they could naked short without ever having to cover have apparently determined that reports of HYRF's imminent demise are premature:
************************************************************
Dec 28, 2006 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Northwest Biotherapeutics, Inc. (OTCBB: NWBT), Stone Arcade Acquisition Corporation (OTCBB: SCDE), Timberline Resources Corporation (OTCBB: TBLC), Hydroflo Inc (OTC: HYRF). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
************************************************************
Something motivated naked shorts to reconsider. Having said all this, I will not forget the way we have been lied to with regularity and so I have little real high hopes. Just a "we shall see" attitude. This I will will say...as one entitled to SHDG dividend shares (NOT the "private MARTI" crap recently promised.) I will relinquish my claim to those shares in writing if Moore and company will get this thing back to a nickel.
jc
Possibly from a few indicators. There is no doubt more buying has taken place over the past month than selling. There is also no disputing that Mast for now holds better than 1/2 the O/S. The injunction handed down to him by the SEC prohibits him from any form of penny stock offerings. He can't sell any of his HYRF if it is a penny stock. It may well be that BCGU is giving good advice and is helping with finances. And it may be we are headed for another round of deception. I haven't the slightest idea which it is. I would guess that if BCGU is influencing things now that there is a chance, a CHANCE mind you, that things will be different. If Moore and Mast are still calling all the shots I doubt anything good will happen.
jc
They are no longer a BDC after Friday last week's shareholder meeting. They are apparently building a new website. If BCGU is responsible for the recent activity, then God bless BCGU. It's good to finally hear something from HYRF.
http://www.pixeldreamer.com/hydroflo/
By golly, it might best a penny today. I wonder what is up ?
Nice gap on today's news as well.
jc
It would seem that Hydroflo is finally showing a pulse. Three bits of news in three days. I can't help but notice that all this comes after BCGU financial and business consulting have entered the picture. I hope this is the beginning of a new chapter. Only time will tell. I believe that PLUS systems continue to sell but we have not officially been told. Those are big ticket items. IF, and it's a big IF, we start to get some press about such sales we stand some chance of getting this thing out of the sub pennies.
I am cautiously optimistic,
jc
Press Release Source: HydroFlo, Inc.
HydroFlo Announces Ultra Choice Water, Inc. Sales Increase
Friday January 26, 8:00 am ET
APEX, NC--(MARKET WIRE)--Jan 26, 2007 -- HydroFlo, Inc. (Other OTC:HYRF.PK - News) announced a sales increase for Ultra Choice Water, Inc. (UCWI). UCWI (www.ultrachoicewater.com) launched an email campaign in early December to deploy one million email ads over a 10-week period to help drive traffic to our e-commerce website and to boost sales. Already, we have seen a 65% increase in traffic to our website and a 7% increase in sales. Follow up plans to this successful launch include more email campaigns, mailers and print ads that will be disbursed over the next several months.
In addition to our marketing efforts, we continue to explore all potential distribution channels as well as efforts to further expand our product line.
HydroFlo, Inc. is headquartered in Apex, North Carolina. HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. The mission of HydroFlo, Inc. is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. For more information, please visit www.hydroflo.us
ADVERTISEMENT
Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact:
Source: HydroFlo, Inc.
Thank you George. A little news now and then goes a long way. It helps to know you guys are still breathing. This company has technologies that give it intrinsic value. Telling us about them and what you are doing gives value to the stock. I hope this is but the beginning of a genuine effort to grow a company the way it should be done. Today's news is good. Yesterday's 8K was very good.
jc
No, it is obvious they don't care. I know that well enough.
jc