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If you put things in perspective it will become obvious that the information lockdown is nothing more than Coates trying to use smoke and mirrors to hide the fact that he doesn't have a clue what to do next. All of his recent attempts to raise share price have failed. Now he finally admits that he has no electronics to test and even if he did whomever is testing, if anyone, is not interested. As a result Coats and Zeller, the only ones left, are sitting around the breakfast table trying to figure out what to do that will show money. Maybe they can sit on a street corner in a tattered coat and sunglasses selling pencils? There's no one left with any technical ability so just who will be designing this new electronic package?
It seems that there are those who believe for it to be a pump and dump it must be successful. Not true. It is the act and the intent that matters. The actual outcome is irrelevant. When intent is shown, all the safe harbor statements in the world cant help or provide a defense.
BTW try ordering anything from that web site or even calling the "office". It is an eye opening experience.
That site is not HTI, it is AHS of which HTI owns a small piece. Take note of the TM after the product names. The trademarks do not exist. AHS abandoned them before they were issued. HTI had a site till they went overdue on their bill. After the site closed, not before, Coates tried to cover his incompetence by saying it was shut down to save money. It really would be good if he would turn a leaf and start being honest with us.
they did not pay the bill and it got cut off. Then Coates put out a PR saying it was a cost cutting measure. The interesting thing about these and other press releases is that they are always after the fact. Damage Control. If Coates was worth a crap as a CEO, he would know that a PR explaining what is going to happen before it happens gives credibility while lieing about what happened after it happens to try and cover up his incompetence just shows what an dufus he really is.
Used cars? That is where Charlie Foster came from and went back to. Is Foster back again?
Coates, Zeller, Silva, and brilliant should not appear in the same sentence together.
Dang I called that one. NO TESTING AND IT IS OUT OF COATES CONTROL AND SOMEONE ELSES FAULT. And in the meanwhile he is in the business of selling shares and BS and pays himself and his barber a very nice salary while telling us he is not getting paid. ROTFLMAO!!!!
No answer? I did not see where you would respond with fact but I was hopeful that you might.
OK, lets consider that you are not just blowing smoke that everything Coates is doing is for the good of the company. Where did the money go and how do you explain the raises that he and his barber got? Why did he need to do a PIPE?
IMO the increase in authorized was so that the insiders could convert from preferred to common at 10:1 and dump them. Dont forget that PIPE. 100 million shares for a hedge fund to dump on the market. Could be happening today?
PIPEs
WOW what a treasure Trove of information! Bear, on the intro page to this board it lists 10 employees with various important sounding titles. How many of those people actually still work there?
If I understand what you have posted, in a time when the company is not paying its bills and is being sued by people who are due, Coats and Zeller and whoever is left are padding their pockets with raises?
Are the preferred shares being converted to common at 10:1 and sold eating that billion shares during this period of information lockdown as some have suggested?
There's a difference between posting and answering the phone. There is so much speculation on here that maybe some fact might emerge. Maybe he wouldn't take the call at all. Who knows?
Then why dont you give him a call and ask?
There is no PR that says anything about no paid vacations. Just a lot of defense chatter on here. After all a guy needs some time off when he is so busy doing nothing, doesnt he?
It looks to me that the overwhelming consensus is speaking and it is not saying anything about testing.
Not a chance. Coates has never shared the blame at all. He has always said that it is someone else's fault and out of his control. I don't see that changing any time soon.
Any day now I am expecting the next round of excuses. Will we hear anything official before .0005?
Wow what a sale just before closing. Was that part of the overwhelming consensus or was it the beginning of the 1 billion share selloff?
The overwhelming consensus is that this company has not sold anyrhing in over 2 years and is not selling anything now. Coates has lied to us time and time again and failed to perform on anything. The reality is that if testing was going on there is a lot that could be said without telling who or where the testing is happening. The guy is a disaster as a CEO. There is no evidence that Chad will get anything done that benefits us.
I agree with UNDERWHELMED myself. I have seen NOTHING that supports any results good or bad. Nothing Coates has said has panned out. Has he repeatedly lied or is he just incompetent as a CEO? Or is it both?
What will you say next week or next month? When is the cutoff that lets us know nothing is coming with the exception of more failure?
unless you are a hedge fund and can get free trading shares at. 00025
What point is that?
Yea really. Within the past few days calls were made to the Realtor and were posted on here. Now you want links to those posts? Then Coates files a 504D saying among other things that the company is still at the ESI location when we know it is not. The guy lied! He seems to have a habit of that. All you need do is read the court documents. Facts are facts!
Enough with the asking for links already. Several posters have discussed each of those. The form Coates filed on EDGAR was a 504D pipe. Are you actually saying that all of the information on that form was true and correct? Puleeeeese!
Take a look at http://www.sec.gov/divisions/corpfin/guidance/rule144interp.htm
It looks to me that a PIPE of this nature is probably exempt and can have those 100 million blood shares issued as free trading unrestricted shares. IOW there is no waiting period and they can start selling them as soon as they get them. IMO the sell off will start shortly.
Didn't you notice that all four were found NOT GUILTY and walked out of the courtroom free men?
He can twll anyone he wishes anything he wishes. When it is released to the public it is public info. Until then it is insider info. Geeeezzzzz
Information that is not released to the public is insider information. Anyone who trades based on that info either good or bad is guilty of insider trading. It is not rocket science!
Just because Coates files a form and completes a 504D transaction does not mean that the company is in business to do anything other than sell shares. IMO the form was fraud. Even at best it contains conflicting information. IMO it goes farther and deeper than that.
For anyone who thinks that the raising of $25,000 is a positive sign, put yourself in the shoes of the 504D investor. You look at the chart and see where the stock has been trading for many months. You have an opportunity to buy shares at. 00025. It is a pretty good bet that in 90 days you will be able to sell them and make a profit even if it takes another 90 days to unload them all. That investor does not care if anything is happening or not. If the pps goes up he makes more. If it goes down it has a long way to go to be a loss.
So call them back and ask. We would all like to know.