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Regardless of what exchange this is traded on, there is no rationale reason for a CEO to not be transparent with shareholders. Unless of course he is hiding something. Time will tell. GLTA
"that means you don't really own shares and you will never convince me otherwise..."
I do own shares but I am not really out to convince you of that. Both pros and cons of a stock need to be heard on a message board and for some reason you guys ignore all the red flags on this one. Not sure why that is. GLTA
Why do you always change the subject and not address the question being asked? How long does it take to process a patent application anyway? TOXX did a search a while back on the patent office website and couldn't find anything open for HNSS. I wonder why not? GLTA
"This is hilarious. You know, as EVERYONE else knows, that the SEC does not make it public what company they are investigating until AFTER the investigation. You also know that if the SEC is investigating a company, a gag order is put on that company until the SEC's investigation is over. Why do you choose to ignore these simple facts? Because they do not fit in with your arguments?"
Not ignoring this at all. In fact, I responded to a similar post last night. Maybe you missed it. First of all, we don't even know for sure if there is an SEC investigation going on. Secondly, if there is one, it started recently which isn't a reason for Black not to have followed up on the myriad of PR's that happened a long time ago, long before any SEC investigation would have even started. i.e. full disclosure, German company's looking at Microfill, Fortune 500 negotiations, stock buyback, etc.etc. This is just another excuse for Black not wanting to tell us what's going on IMO. Consistent with past practices. GLTA
I still own shares so it's great. Couldn't get much lower after being in the trips. The problem is it's going up without any news and that can't continue. Need some positive, verifiable, news for it to continue climbing and Black hasn't ever been willing to give us that to this point for some strange reason. If nothing changes the PPS will eventually come back down. GLTA
It's already gone wrong. So if the status quo prevails and their business this quarter is similar to the last then we can expect more of the same. The real question is: Where is Bonar going to get $9 million+ to pay for the delinquent taxes and working capital deficit? Those things have already happened and he hasn't answered that question. GLTA
Good morning HNSS'ers. Since today is a government holiday the patent offices are closed. Therefore we won't be getting any updates on the long awaited patent approvals on the Microfill technology. But they could come as soon as tomorrow!! Manana!! Along with a plethora of other exciting news updates!! Go HNSS!!!
Right. But there are PR's he issued many months ago that were never followed up on before the possibility of an SEC investigation ever existed. i.e. German company's looking at Microfill. Stock buyback. Fortune 500 company negotiations. Those PR's were issued a long time ago before any talk of an SEC investigation ever existed. So he hasn't communicated ever, whether or not an SEC investigation is under way currently or not. GLTA
We don't even know if there is an SEC investigation going on or not. Time will tell. That might be the only way we ever find out what's going on with this company because Black certainly won't tell us otherwise. GLTA
You never address the points in my PR but just attack the poster. Why haven't we gotten any follow up on all these PR's from a long time ago before there was even any talk of an SEC investigation? German company's looking at Microfill, stock buyback, Fortune 500 company negotiations, patents pending(how long does it take the patent office to process these anyways), Microfill launch, etc. etc. Just one delay after another. Those are the facts whether you like it or not. GLTA
The "SEC investigation" reason is just another excuse for lack of information from Black. Just another delay. Like the microfill launch or the "buyout" or the myriad of other PR's that have never been followed up on. GLTA
The last PR they gave was 3 months ago and that was just to tell us that the microfill launch was delayed. We haven't gotten any meaningful news in a lot longer than that. Maybe it's because they don't have anything else to tell us. GLTA
"Every thing this company hAS POSTED SO FAR HAS TO BE TRUE OR THEY WOULD HAVE HAD A STOP PLACED ON THEM BY SEC,,end of story"
That is simply not true. The pink sheets are full of scam company's that continue to operate. There might not even be an SEC investigation going on. Who knows. GLTA
Nobody on a message board will either make this stock a success or destroy it. The CEO and the company will do one or the other. This will take off it what Black has PR'd is legitimate and will crash otherwise. GLTA
Does that mean that the microfill launch might be delayed again? The patents pending might be pending longer? The full disclosure will be delayed further? No update on financials and what's going on with the HNS fund? Nothing on German company's looking at Microfill? No news on a potential stock buyback or sale of the company? Just more delays because of a possible SEC investigation? Was the investigation prompted by investors or the company? GLTA
Any positive news that can be verified and this thing will rock. Go HNSS!!!!
Sorry for your loss One. I took a bath as well. The involvement of the military in this fiasco makes me sick to my stomach as well. You would think, if Jared/Timmy were living their Christian faith in the world, they would at least give us a status update on what the plan is going forward, if there is one. Either tell us they are going out of business for good or are still going to make a go of it and here's how. Good luck in your future investing.
But if you read the 10-Q Bonar says that the nature of the business they are in is conducive to having high workers compensation costs. He says they need to bring in a different mix of business in order to change that. So, if nothing changes on that, we can expect the workers compensation costs to continue to be high going forward. GLTA
If that's the case then the PPS isn't going anywhere until he answers the question. This is dead in the water untiil investors know the answer to this critical question. GLTA
He hasn't issued a PR that addresses the cash flow problem in the 10-Q. He said they will recoup the losses and then some in the current quarter. That says nothing about how he is going to pay for the delinquent taxes or the working capital deficit. For some reason he is avoiding that issue. GLTA
Why hasn't he addressed this publicly with shareholders? It's a MAJOR issue!!! GLTA
Actually I have called and e:mailed Boner on more than one occasion and he has never responded. Don't you think it would be prudent for him to address shareholders on what his plans are to address the cash crisis? $6.6 million in unpaid taxes and a $2.2 million working capital deficit? And a 10-Q that has a going concern issue and mentions the possibility of dilution to existing shareholders? These are major issues, not trivial ones!!!! GLTA
And he still hasn't given shareholders an update on the status of that $6.6 million tax bill that he "forgot" to pay. Or the $2 million working capital deficit and how he is going to fund that. I guess he isn't planning on doing anything in that regard until the next set of financials come out. Hopefully they won't have any more bombshells in them. GLTA
I already hold several million shares at a much higher price. As soon as Black gives us some good, verifiable news, I will buy more. GLTA
You still can. The current PPS is a small fraction of the buyout offer price of $.01. Load the boat!!! Could see another buyout offer at a higher price!!! Go HNSS!!!!
No worries. I'm sure Black with deliver the goods. Go HNSS!!!!!
Yep. Could be getting news any day now on a myriad of things in the hopper: patents pending, microfill launch, full disclosure, German company's looking at machines for Europe, Fortune 500 negotiations, stock buyback/company sale, etc. etc. Could see another buyout offer come along the pike as well based upon this valuation. GO HNSS!!!! GLTA
Wait until Black comes out with some positive news that can be verified!!! This will really rock then!!! Go HNSS!!!!
To da moon!!! Go HNSS!!!!
Well, sarcasm or not, in order to sustain a move up Black needs to provide some positive news that can be verified. The ball is in his court. GLTA
Who's bashing? Just trying to figure out why the PPS is going up if there is no news. Usually when that happens it just comes back down again. Can't sustain any momentum without positive news. GLTA
What's causing this spike today? Did news leak out on the patents pending or the Microfill launch? Full disclosure out? New contracts with German company's? Stock buyback in the works? To da moon!!! Go HNSS!!!!
All we need is one positive PR from Black that is verifiable and this will move up significantly. The ball is in his court. Hopefully he will deliver the goods. Microfill launch, patents pending, wipes contracts, Fortune 500 negotiations, Microfill sales to large German company's, stock buyback or sale of the company, etc. etc. GLTA
It's not. Wrong board. My mistake. GLTA
If Black comes out with a demo on Microfill or we get confirmation on patent approvals, look out!!! Will be back in the pennies again in short order!! Go HNSS!!!!!
The negative posts are very much warranted. Read the 10-Q and you will understand. GLTA
Read the last 10-Q and you will know why. It's all there in black and white. Good luck.
I'm not really doing a job here, just trying to keep it real. For some reason you don't have anything negative to say about the company or the stock. Why would that be? GLTA
"I needed to contact the company for answers."
Good luck with that.
Good point TOXX. Since the numbers are so good I'm sure they want to get them published as soon as possible. I wonder what the OS is going to be when they come out? Shouldn't be any dilution with all the money that the HNS fund is making. Any idea what they are investing in? GLTA