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Below a penny is actually undervalued. The stock is getting creamed on insider and off restriction selling IMO. Eric and Fred have not sold shares since inception and I would not rule out their contributions to the sell off here. They most certainly registered shares and I have never seen an instance were insiders take the shares off restriction an register them just to put them in an account for long term holding. They have 10 million shares ready to hit the street. Whether any have sold, I have no idea but I would imagine yes.
Add to this consistent dilution over the last couple of months and shares coming off restriction outside of the insiders.
Once the shares are absorbed, the stock could take a nice forward step to .0125-.015.
There is enough fundamentals here to warrant a value above 6 million but the growing debt will continue to block any true advance here.....
I would not expect a break below 1 cent to be long lasting. Remember the lower the share price, the easier it is to absorb the shares hitting the market. A drop to .008 could make the transaction speed up exponentially. No one wants it too fall but it could at least wrap up the pain quicker rather than dragging on for months.
Looks that way.
Purchased over the last 2 weeks and grabbed a few hundred thousand at .0117, .011 and .0107 but all prices are now looking like potential bad trades.
Always said HHSE is not an investment but a trade. Sell once it breaks .015, .0175 and .02.
Wait for the inevitable collapse and buy back in. Its the guessing of the bottom that is the hard part.
Still hold hope that the VODWiz release creates a rally for a quick trade.....Just 2 1/2 weeks of August left so we will see. The stock could still surprise us....Though its getting tougher and tougher to believe.
I personally hope for good returns for On Any Sunday but I am not confident in that one. As for the TCA return, well the OS is higher today than the day those 10 million were issued so it is not that big a positive all things considered.
Lastly the Form 10 only matters when and if its released. Till than it means nothing at all. The audit is the same. Right now HHSE is a pink sheet stock with no audit and based on multi year delays we should expect no audit until the day we see it. Its only disappointment after disappointment to expect its release. We are a pink sheet stock with no Audit, no form 10 and no chance at uplist. Until they do something to prove otherwise.........That is who we are.
At 1.5 cents the company is valued at 9m. That's a very reasonable valuation considering the bulk of growth is Prepays. HHSE still has a long way to go for the prepays to have a relevant part in their Revenue numbers. For now its Accounts Receivable waiting on production of a film that might or might not happen.
Since I have no faith in a form 10 or audit this year, I turn to VODWIZ as the near term potential success here. I would love to see Eric prove me wrong but I do not see any real chance of that.
None the less I hope you are right and I am not. I would not hold the bulk of my shares beyond 2 cents but would love the opportunity to see upper 1's. That would be amazing.
I tend to agree. I am not a fan of Eric or the way in which he runs this company but if they do produce a live and fully running VODWIZ site this month, I think we could see a bit of a rally off of the successful launch.
I still feel the revenue will be small but the fact that HHSE followed through and produce something is a good start.
For now we need to weed through an onslaught of new shares hitting the market. The activity of late is, by all appearances, dilution into the market. It will continue to destroy shareholder value and stock price. This needs to end prior to the launch at month end or we are hardly near a bottom. Odds are, we are seeing buying based on an expected launch and once that's complete, the buying could dry up and the dilution can send us well below one penny if Eric keeps dumping shares.
In the end I feel we have a solid chance of a bullish move by the end of August. I think we can see 1.5 cents again in the next couple of weeks or months (again depending on dilution of course).
Based on the current slate of events, I am not sure the company can be properly valued more than 2 cents so I look for 1.5-1.75 cents as a high side of the stock until 2015. JMHO of course.
Ahhh I completely missed that.
If they have already generated the inventory, the error is not large enough to do a reprint I think but I do understand the lack of professionalism in the proofing.
I was looking so close for a spelling error I did not even notice the punctuation.
Ok I am no editor so I must say, I did not see the typo.
Were is it?
EP's contact with Walmart is likely limited. I work for a company that has a direct relationship with Walmart and have seen them go from third party (50-100m in sales) to direct relations 200+m in sales to Walmart. The company I work for is looking to do over 300m annually in business to Walmart and Sams within the next 3 years. That requires direct relations, EDI, ASN and accounts for electronic connections. All invoices and PO's are electronic and there is no mail for Walmart.
It is the norm for small firms such as HHSE to go through 3rd party and its unlikely any company of HHSE's size does business direct with them. To build the electronic invoicing for Walmart is 10's of thousands in of itself.
People fail to understand the magnitude of Walmart and why they will not do business directly with little 3-10m outfits. If they did, they would need to hire a massive staff just for product introductions, testing and customer service. They have 10's of thousands of small vendors. Walmart also rates their vendors and if HHSE has an 8 or higher, they are considered as having a good relationship with Walmart regardless of a third party in between. So HHSE can declare a good relationship with Walmart even though they ship and bill through a 3rd party.
If HHSE gets the size of SONY or Disney, they will than get a direct relationship. Till then anyone looking at the 3rd party aspect as negative or a lack of value is incorrect. Using 3rd party or going direct means the exact same thing, it means their products are on the selves of the largest retailer in the world and that is not easy PERIOD!!!!!!!
Could Eric actually be ahead of the curve and ahead of the industry for that matter.
https://www.yahoo.com/movies/hispanic-audiences-are-in-the-drivers-seat-in-88294867757.html
I found it interesting, or coincidental, that Eric has had quit a few Hispanic titles in the last year. Is he forecasting the market or simply lucky?
Interesting to say the least and for anyone holding stock, it at least puts a potentially higher value than expected on the recent 6 movie deal.
This thing has SCAM written all over it. Ever single thing about this is one giant red flag.
The company they bought was registered for the first time just weeks prior to the buyout.
This is a share transfer P&D scam. It is trying to work on the Marijuana rally that ended 3 months ago. They are late and did this so poorly it laughable.
45m OS and not a damn thing to show for it but a boat load of debt.
Cafe Serendipity
Action Type: Articles of Incorporation
Document Number: 20140212615-34 # of Pages: 1
File Date: 3/24/2014 Effective Date:
Take profits quick. This thing does not look even remotely real.
I believe the mailing address is but a virtual office. The Cafe Serendipity shares an address with a dozen other companies.
Eric has given timelines for the audit on numerous occasions. Based on the history of delays, yes I would not hold hopes on it considering the year is half over.
I do however feel the stock will move up or down or remain flat based on filings and numbers posted. Say they do pull off a 300% increase in revenues and by December they have posted 3 quarters showing say 6-8m in revenue already, well audit or not the stock will react to the higher revenue numbers.
We are a pinksheet company so no audit is required. I personally do not think they are cooking the books and I feel most do not either. I do however feel the books are a tremendous disaster and restatements could be in our future. Fred is not fit to be the CFO or handle any of the accounting.
Also if they books were fake, why would they look so poor. Why would they post Cash Flow negative numbers and huge debt? Why would they post shrinking profit margins? Why would they have posted a small growth rate on Q1.
As you can see the odds are not in favor for those that feel the numbers are fake so the audit simply confirms what is already known. The problem is the F'd up the company so bad its taking a near miracle to clean it up. Odds are Fred did the accounting on a napkin while hanging out at the local bar....Ok that of course is a joke but I do not doubt many items are put in the wrong locations and not all invoices are reconciling. AN AUDITING NIGHTMARE.
One last note is many have said the audit is coming and soon since sometime in 2013. We are a year later and still not here. My point is let the audit go, let the form 10 go, lets see if they can actually grow the business outside of future prepays.
Edited note....If the audit is released but revenue flat....The stock is also going nowhere outside of a short lived spike. No one wants to own a company that cannot grow revenue and remains cash flow negative.
Considering we are already into June, we all might want to write off any hopes for an audit or Form 10 in 2014. It might be best to simply put it back on the radar as new year event. Earlier would be great but I think its time to say 2015 will be a good year.
I say this based on history of the company. They plan a lot but pull off only a little.
Even the 300% growth statement in the last PR is bit outlandish. If HHSE pulls off a 35-40% increase this year I will be happy. In no way shape or form do I expect anything above 50% in growth.
With that said we can still make money on the stock. I am not happy with either Eric or Fred but I play the ups and downs. Hopefully they do have their act together but personally I do not believe so.
You make a fair point but its hard to know their ability to buy shares from the open market.
HHSE has struggled for the last 3-4 years. With the struggle came no compensation to the insiders. Eric and Fred have not been paid.
What their financial position is remains rather unknown so I am not entirely certain they have the cash to do that.
Also as a pink sheet company and not yet fully reporting, they would not need to disclose their share purchases unless greater than 5%. Once they file the form 10, insider purchase will be followed up with a form 4. They could have purchased shares, we have no idea. With that said, I rather doubt they bought any. They sit on a rather large chunk of shares and their monies may be better put towards other items.
As for undervalued, I would refrain from ever listening to a CEO in-regards to the value of his company. Its like a person that custom makes a motorcycle and thinks its worth twice what he put in it. NEVER GONNA HAPPEN. Most CEO's are dead wrong on their valuations. At least in my experience they are.
As I said at the open on Monday, the stock will bounce this week. The trading was very clear on that. I predicted a close above .013 this week and if ATDF does not suddenly appear with another 25m shares to sell, the stock could very likely see the .014s next week. Undervalued, Overvalued....Who cares....Only thing that matters in the end is whether or not we are making money off the stock.
Every CEO everywhere thinks their stock is undervalued. Its about as consistent as the sun coming up in the morning.
I would not give it any consideration. Even Blue chip CEO's reference their stock price all the time.
No problem at all
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=120920
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=118192
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=113600
http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=109911
http://www.sec.gov/Archives/edgar/data/1069680/000147124214000206/0001471242-14-000206-index.htm
http://www.sec.gov/Archives/edgar/data/1069680/000147124214000060/0001471242-14-000060-index.htm
Unfortunately you are incorrect in your posts.
HHSE has shown revenue gains and no sign of trouble generating revenue.
Growth has been proven as a fact regardless of your personal opinions. Its in their filings and in their PR's. Without documented proof of your statements, we are forced to use the documents released by the company as the true facts.
You are correct. In order for the stock to move up, there needs to be bid support along with people buying at the ask. It has been one of the great problems with this stock. The bid tends to remain weaker than the ask. For that reason the stock breaks down much easier than it climbs.
No my orders were before 10am
If we can see the large 400k block from CSTI get bought out. The stock is supper thin all the way up.
I do not however feel we can chew through it today.
Volume has been on the sell side so far today but we did see a 100k ask hit at 11:23am.
We are around 200k buy and 300k sell so far today. Need to see that reverse.
With ATDF off the Ask like they were over last few weeks, the stock has a solid chance of moving up right now.
Of course it takes buyers to achieve that. I am currently the majority of the buys this morning but I am quickly exhausting what little cash is left in my account. The rest of my money is tied up in this stock as well as other stocks I do not wish to sell.
I believe we will close above .013 this week and break the down trend. This will however mean ATDF's client that was selling millions of shares has sold out.
In my opinion, we will churn for weeks before closing above .015 since millions were purchased at or below .011. These shares are now resistance on the way up since some will be profit taking potentially.
Good luck all and for what its worth, June could be a nice turn around month for this stock. Though I am not calling 2 cents or higher but rather a 30-40% upward move off the close of May.
Lets Keep our Fingers Crossed that the heavy selling is behind us for a while.
Yes that is the problem
It is uncollected Revenue so right now it is not money coming into the company.
Also no they will not necessarily eventually get it. That is also the concern. Some of it is prepays against future films that might not occur and some might fall through like Phase 4
It rather simple but not exact.
Revenue for the entire year of 2013 3.1m
Accounts Receivable at the end of the year 2.4
That is a difference of 700k
Q1 revenue of 746k
AR increase of 741k
Long story short
Revenue for the year was 3.11
AR was 2.7k for the year
In Q1 revenue was 746k with AR increasing 741k.
Its rather clear that at the end of the year, nearly an entire year of revenue was in AR. THAT IS NOT NORMAL now as the Q was released, the AR increased at the rate of the Q posted revenue. That indicates nearly no AR was collected. Otherwise the AR would have remained the same, shrank or grew at a lower rate than Revenue. In this case the difference is 5k. THEY COLLECTED 5k in 3 months.
AR has been growing and it now exceeds 1 years worth of Revenue. Hence a year back. Of course they could have AR on the books that is 5 years old but I rather doubt it. Most companies would not leave uncollected accounts much beyond 1 year.
A good thing? Not according to anyone that knows accounting. It does not get any more negative than no collection on sales.
Its hard to take those anologies at heart.
If you really look at the company they have not changed much at all.
Yes some SEC Filings but they are irrelevant without becoming current.
Still 3 year old talk of an immanent audit release but if immanent is 3 years long, well we still have a long wait.
Revenue growth but its slated for a project slated for 2015 release and all monies collected prior go to expenses.
Q1 as posted showed low growth YoY.
Q1 showed expenses continue to grow while margins continue to shrink
YoY comparison
Rev +40%
Income -32%
Assets +50%
AR +175%........Very troubling
Liabilities +251%....Very Troubling
The items that climbed the most are some of the worst items to climb. True growth shows low AR increase and low Liabilities increase against the sales increase. Also the margins are slashed showing a shrinking profit rate.
We need to see the AR drop and the liabilities drop along side. This will help get margins back in line and if they can control the payment rates by the customers a bit better, they could get to a point of cash flow positive.
Of all the items I find the AR most disturbing since it indicates they have not received payments on sales for over 1 year now. If they can collect on their sales, the company should be well funded but they keep selling while receiving no payments.
It is very likely that the ATDF shares that have cut the share price in half are Graham selling to help fund operations.
Long story short, if Eric cannot manage a low end DVD distribution company, how in hell is he going to manage big productions. If this is not taken care of soon, Mother Goose and VODWIZ will not be able to save the stock price regardless of their success. HHSE must find a way to go cash flow positive before exhausting their resources (credit line and AS).
That is not basic math or how basic business works either.
If someone travels for sales, their expenses are valued against their sales and not their profits.
A salesman needs to know what sales generate profits. He should not be creating 6.2m in sales at a 8.2m known cost.
The company I work for fly salesman around the world constantly. If the salesman do not know costing they are fired almost instantly.
So long story short, yes his expenses are looked at against the over all sales and not against the profit. The profit side is what quantifies his ability to do sales in the first place.
Fantastic, now if you would be so kind as to buy the 450k block at .0125, we would all appreciate....LOL
I hope this bleeding stops soon and that purchase is a near term bottom.
GL
If you have any interest on actually buying shares, you do not want to play games with AON shares on high volume days.
You are not doing yourself any justice. There is more than enough volume to clear your trade without the AON on it.
If ATDF does not stop hitting the ask we are going nowhere quick except under a penny. ATDF the MM needs to finish liquidating what ever shares they have so we can move on.
I do not know who's shares are listed through that Market Maker and will not choose to guess but I will say its those shares that have destroyed the stock price over the last couple of weeks and once we see that market maker come off the ask for a day or two, I feel the bottom will be in.
Good news but bad PR.
Personally I would have liked a bit more sensationalism on the PR.
Headlines lead to enthusiasm and the headline....WELL SUCKED BIG TIME
I am afraid I do not follow. How and why would anyone have felt the quarter was not going to be great.
What showed the AR ballooning by a greater number than the actual revenue total....I certainly never saw a disclosure statement ahead of time.
What showed sales would be down or flat. Did you feel they made no progress in Q1 compared to Q1 of last year? Personally I felt the blog posts describing there restocks and large order to Canada as a sign sales were increasing.
What gave you the clear signal that margins would be slashed so big. Were you given a heads up of the 400k drawn down against a line of credit. I certainly did not see anything publicly stated that they required a 400k line to pay for items.
So if Everyone but me had insider information, should we not be concerned that the company is not properly disseminating their information?
Last issue is what good is profit if its simply put to Accounts Receivable. Cash flow statement will show they are grossly cash flow negative. Sometimes cash truly is king and when your profits are in the form of over due payments, well that's paper profit and not cash.
I noticed the following items of concern.
The bank note increased by 400k. That's fairly substantial for a 1 quarter jump. Though its potentially explain further down on this post
The employee payroll appears to be 21k a quarter. How is that possible. It would equate to 84k annually for all payroll.
Taxes including payroll tax was 228 dollars
In Q4 payroll was 17k higher or 38k. Why such a large change QoQ. Did HHSE do layoffs? Even 38k quarterly is just 152k annually.
Account Receivable jumped by about 750k That is huge. Why? With a 700k increase, their cash flow must be negative and would require dilution or lines of credit to fund operations. This could explain a portion of the new debt. In essence they are funding their AR for now. Not a good business model however.
There is no cash flow statement in the Quarterly report. That's a flag.
Overall this Q1 came out absolutely horrible. As stated to the shareholders and the SEC, Sales are down, Margins are slashed, debt is going up and accounts receivables are ballooning.
Not necessarily. Q1 of 2013 did not have the sales broken out like Q1 of 2014. This began with the new format of filings based on SEC reporting.
I will say that there are some red flags in this report and I am for the first time, very concerned over their books.
You have easily proven your statement of contradictory.
Illegal stock manipulation to prop up a stock price for the insiders to benefit is about as contradictory to positive posts as they come. The only thing you could have said that would be more damning is that the company will be halted any day now.
I fear I do not understand why you would be pro SNEY if you believed any of that. Such acts could get the justice department involved and result in a suspension followed by a listing on the greys.
Now to be fair, I do not doubt you post and in fact hope its right. I would love to see the stock collapse by 75% but I do not think most shareholders would share in such hopes.
They may be looking at adding more music. The Lennon CD was a departure from their standard business so it is possible there are more to come later in the year as deals are signed.
It did not say Lennon CD in the forecast but rather audio cd sales.
I find it very unlikely they have any shot at 1.25m in Lennon alone.
Yes but again it gave a forward projection of those sales.
The only word that is not covered is the word Launch.
Though I agree with most that there is a gap here and something should have been released, we can at least hold onto the fact that the numbers of international sales are material. They are an enormous change to last years overall revenue.
What the launch date is or the expect information on launch, well that is however missing still.
For what its worth I am no fan of Eric running this company since he creates more problems than he fixes but I do feel enough was released this one time to quantify the material news. THIS ONE TIME
I still feel it materialized on time. The issue is they did not use the wording of MATERIAL NEWS when releasing it so many here appear confused.
HHSE release forward projections for the year. They forecast a 100+% growth rate for the year.
Now yes HHSE is about as bad as they come for forecasting anything other than tomorrows weather but that does not mean its not material based on the definition.
We can argue up in down whether or not this applies but by definition its material news.
My last post to you since I am not sure you understand what or who FNMA or FMCC are.
The 80 years grant 100 trillion dollars to the US government. Without their ability to fund house the way it did, the US clearly could not have become the country it is.
When created the government was doing what it was supposed to, govern the people. This meant creating an organization to help the people of the country gain access to housing.
Over 80 years it performed brilliantly. Later the government removed regulations and allowed the two to enter the derivative markets.....HUGE MISTAKE BY THE GOVERNMENT. With that the private equity markets and the banking system created massive fraud as stated by most banks. This created a failure in the system and assisted in the systemic failure of the US banking system.
The government held little risk just like they do today. Just remember the truth and not the propaganda. US bail outs to private markets were 439 billion.....US Bail out to the GSE (FNMA, FMCC) 187 billion. The government spent twice as much money propping up the private markets as they did the GSE's. This is why sending the GSE's to private is the dumbest thing most Americans have ever heard of. It was the private markets that created the fraud and it was the private markets that took the largest shares of the bailout monies.
I fear you did not understand anything I wrote.
No sob story but simply reality of history. I expect no return but of course hope for a return on my investment.
First and foremost I wish for a successful country and a loss of FNMA or FMCC will be rather catastrophic I feel.
The government deserves 0 return on investment based on risk. There is no intelligent argument for such a stupid notion. They did not invest for return they offered a bailout package to prop up the business. The government new that bankruptcy of FNMA and FMCC was bankruptcy for the United States.
The two held 5 trillion in debt for mortgages. A default of 5 trillion is what is known as too big to fail and systemic failure of all financial markets.
With that said, the act was for a purpose and that purpose was not, is not and never had any plans to be for an investment. It never was meant for the government to make profits.
The return on the capital is the BS propaganda the government is feed the fools of the world. Anyone believing the government ever wanted a ROI have no understanding of what occured.
Also the entities are Public Companies that were formed as a GSE. The GSE part is what allows them access to the capital of trillions. It was the government that chose to send them public so it was their act that created shareholders.
SO to be clear...FNMA and FMCC were never ever in risk of bankruptcy since they were GSE so spare me the crocodile tears. The US government had no choice but to bail out their sponsored corporation. IT was their duty and their responsibility.
I am afraid you may fail to understand what has occured.
The US government was not attempting to be a hedge fund. There was never ever an investment in Fannie and Freddy. There was a bailout to prevent a systemic failure of the entities. This failure would be a 5 trillion dollar failure in the mortgage market and securities.
The government at best would be considered a funding agent for interest or an angel investor which got equity shares but no actual return on investment.
The US got shares for their bailout so the return based on today's price is 16 billion plus the 20 billion over payment or a 36 billion return on 187 billion.
Based on the narrow time frame it exceeds a standardized return on investment.
Remember it was not an investment. This is where the senators and yourself fail to understand the history of events and what to expect from what has occurred.
On a last note, the US government spend a tremendous amount more to bail out banks but got nearly no return on investment and did not take over those institutions.
AIG got 85 billion and no take over
FNMA got 118 billion and took over
is the additional 33 billion really warrant a take over?
Easy answer is YES
We live in a democracy and a capitalist society. The government is running a communist approach to Fanny and Freddy. Its against the constitution and illegal based on US law. In a capitalist society, Ackman is without question right. The government over stepped their abilities and Nationalized the industry. That is known as communism. The bailout is known as socialism but once you go from bailout to taking it over, you reach a communist approach on the system.
So with that said, yes the senators are full of nonsense. Fannie and Freddy are but scape goats to the big banks. It was the big banks that wrote the failed mortgages while the business model for FNMA and FMCC were to purchase those mortgages and pack them with securities.
FNMA and FMCC are not broken but rather the old regulations that were in place until the late 90's need to be put back. No derivative investing or hedging.
They have already begun doing just that.
http://washingtonexaminer.com/two-advocacy-groups-enter-the-battle-over-fannie-mae-and-freddie-mac/article/2546900
A quick 2 cent follow up.
When calculating an expected forward price projection, it would be nice if people choose to put logic behind the projections.
Personally I am not certain the stock can break 1 cent over the next twelve months.
This is based on the market cap and potential revenue.
1 cent puts the fully diluted cap at around 25m dollars. Though the company is clearly making strides, can we honestly anticipate 5-10m in revenue in 6 months. I find that highly unlikely.
When the stock hit 2.6 cents it was on hype of the REE market and when gold was going gangbusters and running to 2000/ounce. The two created the potential for 100m operation in theory(projected 10's of millions in REE). That is all but gone right now. The REE market is dead for SNEY and gold is down to 1300 an ounce. With revenue potential slashed about 75% based on a commodity crash and a loss of REE value, we need to look at the caps.
At 2.65 cents and a fully diluted 1.3 billion count(2011), the cap was around 35m but the business model had a greater potential at the time I feel. Lots of talk of REE's continuing to climb and gold going over 2k back then.
Now at 1 cent we have a cap of 25m and the key is diamonds. Since the REE market is dried up for SNEY, Diamonds are taking the place of it. If the diamonds are not jewelry quality than the value is not great but if they do pull off a nice load of quality diamonds, well that could equal the loss of the REE's.
Long story short, SNEY is clearly stronger today than 3 years ago but the business model has changed. With the large drop in commodity pricing and a newly segmented business model, I feel the old top is not warranted again until the revenue is in place to prove it. The old REE and Gold hype is no longer in the market and it will take results from here on out. Any talk of 5 cents would mean 125 million market cap. That is a cap of seasoned company producing 25-50 million in gold and diamonds. This is probably years away still. 1 cent is a 150% gain from these levels and hardly a bad investment if it occurs in the next year or so. For this reason I feel my post is bullish but not pie in the sky bullish.
I do also hold SNEY again and as I told Risk a week ago, I was looking for the 3's to grab a new entry. I however plan a quick trade and do not plan to hold for 1 cent.
Good Luck all and I hope 2014 is the year they can pull off a miracle and produce 500k in revenue. That should make a forward projection of revenue well over 1m next year. Remmber the True value here is not the dredges, its not the gold and its not the diamonds, ITS DREDGEMASTER....Instant shift when he arrived and clearly he will be what makes everyone money.
With this stock I realized that leaving a simple open order at the bid hurts if the volume is low. I agree with your AON orders but until the volume jumps, you are probably stuck paying an additional 10-20 dollars in trade fees.
The company is set to release the Q next week. I think it should show a considerable increase in revenue. This will hopefully be the catalyst to get the stock moving up again. For that reason the 10-20 dollar fees may not matter much at all.
Based on their 10m projection for 2014, Q1 needs to be 1m+ in revenue or that projection looks pretty foolish.
Revenue for Q1 2103 was 535k and profit was 432k.
HHSE needs to at minimum double this to look credible. A PR showing 100% plus growth YoY should help tremendously.
JMHO
You may want to break that order to 50,000 blocks.
$0.0153 1,600 OTO 09:41:28
$0.0141 60,000 OTO 09:36:15
$0.0142 36,000 OTO 09:31:17
$0.0142 50,000 OTO 05/02
As you can see the availability is there and the share sales are their. You simply need to adjust the way you trade the stock if you wish to pick up shares on the bid.
People are picking up 10x what you wish to buy. They simply configure their orders to fill in a more timely manor.