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There is a connection.
https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=165015
Understood, but to me and my experience in pennies and expectations from the CEO....it's also about the message it sends...incompetence!
I hear ya on the anticipation to sell and then you finally do and out comes the news...my dumb luck too. I'm sitting and waiting as well and it has cost me before on pennies when before you know it, the crickets are out and have been for a while and all the expectations formally announced by the company/CEO eventually flounder into silence.
I've made a little here and got too greedy early last year and didn't sell as much as I should have in the .005-006 range when it ran to .0085. So I've been stuck and bought a few more at the .0013-.0015 level months ago to average down and finally some hope arrive this year. My sells are in at lower pps this time.
You like the up, down, up, down? at least it's not cratering with again the company remaining silent. No disposition on the audit or details on the divvy. Not a good sign. It means the audit is not complete and the "anticipated" transaction has not occurred.
More details regarding this transaction including final stock dividend ratio, share price, record and payable dates, the revenue model, and its new stock symbol, will be announced upon completion of the transaction.
So no more HP deal...what a crock! And remaining fines/fees to boot.
And they plan to put their (rotten) eggs into the Mobeego battery basket. Again what a crock! And again, money owed.
Goober (Gruder) really humped the puppy here. He's got to be one of the biggest losers I've ever come across in the business world. I hope he pays dearly some day for taking his ineptitude out on shareholders pocket books.
No rush???? They have the next 3 days to pull this off and not a peep on anything regarding the status on the audit or the divvy....just an LOI, a financing leverage and the plan which all 3 are just announcements or publicized expectations typical of a penny maneuver VS. anything concrete (SEC worthy). Not very promising for all Bernard said he was going to do.
This will indeed move in the next 72 hours....just a guess on which direction at this point.
Agree, but the expectations aren't being met yet....or at least not formally announced.
Tick, tock....either wild ride up or back to the teens, we'll know something soon. Is your glass half full or half empty?
Not going to happen
A lot of things have to happen to get this to a penny, and so far all we've seen is a non toxic financial leverage (which is great) and a letter of intent (just OK) of an acquisition. If the big stuff like the audit, the divvy and the ongoing acquisition(s) fall through, forget it.
The only way this goes back to .002 is if Bernard falls through on his audit, filings and/or divvy....and possibly after the divvy if there is nothing else going on to keep HAON newsworthy. For example, the audit and filings are key and if that falls through, you'll get your 2s. A lot has to happen in the next week. In the mean time, I'm expecting the speculation pushes this over .007 next week even with no immediate news/updates early in the week.
Hype!
The first thing I'll address in your approach with your questioning....is you're putting the cart in front of the horse by putting money into something you know nothing about.....at least I presume that's the case since you're saying you're invested and now asking all these questions on the company's business. Not my investment strategy, but to each their own.
I think Supernova pretty much hit the nail on the head. But besides all that, if you believe the CEO will make due on his expectations, then you're money is most likely in the right place. There are a lot of positive things on the horizon that will drive the pps higher, but it all depends on if these expectations start looking more real/achievable and with that, we need more news and fast (next week). GLTY!
I'm of the belief this POS company can't recover from the damage Goober caused it. Big selling day today, the bottom is obviously not in. The eventual bottom is most likely Chap 11.
All you need is to look at Robert Gruder, X-CEO. LOSER of a business man and a con artist to boot. Hope he gets what's coming to him.
No one knows the details and how this will play out as they have not been provided yet to the public. Read the last sentence in the announcement.
Halitron, Inc. is expecting to announce an update on the spin out, merger, and dividend details of the two major projects which were also included in the press release of February 27, 2017.
The longer they delay, the longer retail investors will lose confidence. The company/stock doesn't have a great track record for long term investment. I think this is their (Bernard's) attempt to try and change that. At these prices....the reward possibilities outweigh the risk IMO. Haven't really seen the pps drop below .0012 ever, but I've seen it rise 4,5,6,7 fold in a matter of 2 days in the past. It just never has any staying power...this is the most recent, but the upswing has been more subdued compared to last year....I'd call that a good thing.
One would think that type of dumping would be the company/CEO, but I don't think there is a history of them doing a lot of that and the non toxic financing is supposed to avoid the company of having to do that. I now it's all he said she said until we get an SS update.
Not really since it's way old and the fact the POS CEO at the time scammed Mobeego and the shareholders.
HP was at least smart enough to require some money up front, but no telling they will be getting any more and thus no more HP deal.
Who knows....penny/OTC trading involving MMs that have their own agenda and can manipulate the price that suits their needs. Sucks, but that's the nature of the beast.
Looks like they are starting to walk the talk... That bodes well for any company, especially an OTC traded company.
Yes, MMs suck indeed. But there wouldn't be a pink sheet trading forum without them. It's the price (figuratively and literally) one pays to trade in the pinks.
I heard that a warrant just went out for Gruder's arrest for fraud and embezzlement and there was just an immediate jump for joy.....and the stock price jumped for joy as well.
"Alternative Fact"....my alternative fact.
Seems to be holding it's own. We'll see. Major flippers indeed, but that's what pennies are made of when there has yet to be put forth any real tangible assets....so far, all speculation.
OMG....you compared the general stock market to this penny stock????
Looks like the sub-penny is here to stay until it's a dead company/stock or if the new leadership tries to revive it with a major RS.
I just can't believe anyone is even buying this POS.
Indeed. This POS of a company, stock and it's criminal leadership will finally be gone once and for all.
Indeed....$100K in revenue and $1MM is losses for 2106. That is "HUGE".
Probably. The previous CEO was not only inept at starting and running a business, but turned out to be a lying scumbag and a crook.
BS...this has never seen a penny nor will it. There is no engine behind this POS stock except the BS feeding into it. Revenue of $100k and losses 10X that in 2016 alone....yah, that has a penny written all over it....
Probably because Bernardturd is on the promotional/pump path again for some reason...sell shares. The only fricking recent news (last 8 months) about HAON is not only indirect, but it comes from a paid promoter....
EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article.
I guarantee it's the latter. The inept Bernarturd had a mere revenue of $100K and losses of $1MM all of last year according to the article. This POS Penny will run on BS only as it has in the past.
GLTY.
Looks like it's going to be late. It's a 5 calendars day extension that was filed regardless of holidays. Thought the new CEO would have been interested in turning it around by filing on time anyway...what's 5 days in this business anyway, it once again shows the ineptitude within any leadership of this company.
Same old POS stock/company!
No more Mobeego batteries offered....at least that's what is implicated with there being no mention of them in their products section.
Agree, new website looks great...professional. HP having an influence...maybe.
Considering the CEO was completely inept at starting and running a new business and a liar and corrupt, and the others were just some cronies of his along for a ride with free shares.....indeed it's better.....better than Chap11 which could still be in the picture.
Hopefully she is cleaning house and steering this broken/sinking ship out of deep water.
Oh yah, that's the hold up. OMG!
Yes, into sub pennyland.
Not sure yet....another little hyped pump and dump or maybe it's got something behind it this time being we are due for some news....my guess is the former. Get your popcorn, maybe there will be a show.
The ironic and coolest part is that January 12th is actually my birthday, no joke. I wish I had known in that would have been nice B-day present to go along with my others.
I don't think this will save the company, but it at least supports my point that Gruder all along is inept and unethical; now we will soon see if it was too much for the company to bear.
I wonder what his children think of him?
Give me a break. No ones shorting this POS. It is what it is...a
POS led and failed buy a POS...Goober.
Why if the company can't dilute into it. Someone said Bernard couldn't dilute until April, why April?
I can hit the lottery any time too....just haven't in a long time.
HAON = lottery.
That then points to sustainability in the pps verses the up and down of a promo program (a pump). All good.