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Information lockdown?
34 Days? Then what?
The trademarks have been abandoned.
Apparently the patents are now a non-issue, according to Chad. Obsolete technology?
Chad said that a successful test would make it so that they could attract an investor - How long will that take?
Chad said that a successful test might result in "some" sales in the short term - What is their source of money? Will we see the A/S go up so that they can do another PIPE?
Well, if we connect just a few of the dots the question comes up to how will this company survive? Even if there is a successful test, what will shareholder value be? As I see it, when HLNT teamed up to form AHS, the portion owned by shareholders was cut in half. What happened to the money that AHS put into the mix? R&D? No. Production? No. Vacations? Maybe.
Then, when Richard D. put in over a million, the portion owned by shareholders went down again. Part of that money seems to have gone to one of the many lawsuits.
According to the most recent financials, HLNT is broke. How can they still exist?
My guessing skills are terrible. I believed in Chad and I just don't see where even a good test in the end-all of great things to come. Who wants to bet that we will either see dilution through someone looking to put some more money in at a significant discount or through a PIPE? Either way, I don't see how they can do it without raising the A/S. Does anyone else have another possibility to discuss?
Well that is the point. They are certifying vehicles, not hydrogen generators. Nice try but I see nothing that says that they will certify the Hy-Impact no matter who does the testing.
ROFLMAO !!!!!!!!!!
ROFLOL all you like but your post said:
I think that the Hy-Impact is not a Hydrogen Vehicle, and it is not a fuel cell. It is or produces a fuel additive from what I have read. Fuel additives are not certified as far as I can see. Do you have a link that says that they are?
The present testing consists of two tests. The first has been completed and on September 12, 2013, Chad said:
Actually, I think that the test you are referring to was the Tyson testing. The tests that are being referenced now are by independent testers. The first failed and now we are waiting on the second.
Dear friend, you are incorrect. The "testing" was both tests and that is clear in the releases, particularly the one I quoted. I think it is convenient that a press release came out when the government shut down and yet another when it started up again, but I don't trust Chad any more. He has told too many things that have not worked out. I think the last two were intended to mislead us. Sorry, but that is the way I see it in light on all of the other problems. I do give points for creativity, but you cannot pay the bills with this type of creativity and misleading. If it really was the government, I see no problem saying that because the government is too vast for anyone to piss off anyone with a few phone calls. It is nothing more than wishful speculation at this point.
What, really, did he say?
Well, on September 12, 2013, Coats said:
Please fill in the blanks there. What did Southern lie about? And to who did he lie?
jjj373 - I remember that you had said something about it. Looks to me that Southern did his job and even spelled it out to them what needed to be done. Personally, I am hacked that Chad did not follow up on it. In fact, it looks like there is a lot he did not follow up on. I think that everyone has his own priorities. Looks like Chad's focus may be elsewhere.
On his release this morning, I am actually wondering why they did that. Essentially, Chad is telling us that there is no testing going on and it is someone else's fault. That has been said by lots of posters on here so it is no surprise that he wants to shift the balme. So, knowing what I now know, I really would like to know when our CEO is going to be honest with us? I know, there are those on here that will say he IS being honest, but I don't see it that way. Each day that someone points out something new, I have to ask why Chad did not tell us first and why he did not tend to business and get whatever it was fixed before it became a problem.
How do you get to be a CEO in the first place? Did the shareholders vote him in or did he get the job some other way?
Over the weekend I had a few extra minutes and decided to see what I could find on the internet. One of the places I went was the Patent and Trademark office. I did not find anything on any patent application, but trademarks were different:
THE TRADEMARK APPLICATIONS ARE DEAD AND THE TRADEMARKS HAVE BEEN ABANDONED!
FROM THE TRADEMARK SEARCH SITE:
Word Mark HY-IMPACT
Goods and Services (ABANDONED) IC 011. US 013 021 023 031 034. G & S: Hydrogen-generation equipment and components, namely, hydrogen generators, hydrogen purifiers, hydrogen purification membranes, fuel processors, and steam reformers
Standard Characters Claimed
Serial Number 85642948
Filing Date June 4, 2012
Published for Opposition November 6, 2012
Owner (APPLICANT) Alternative Hydrogen Solutions, LLC LIMITED LIABILITY COMPANY DELAWARE
Type of Mark TRADEMARK
Register PRINCIPAL
Live/Dead Indicator DEAD
Abandonment Date August 5, 2013
All of the trademarks say the same thing DEAD and ABANDONED OVER 2 MONTHS AGO!
And now Chad wants us to believe that he intentionally shut down the website to save money or effort? I pay for my website by the year, and for the most part it just sits there till I get another yearly bill. While I cannot speak for HLNT, my website costs about $70.00 a year. Not a lot! I am really hacked that it looks like Chad has been trying to hide the truth from us! I was positive on this stock till I started doing some serous DD and now I am just pissed! I feel totally betrayed! Thanks Chad!
Midwestrader:
I can understand why Joe would be advised by a lawyer to take his site down, but I am having a difficult time trying to understand why Highline Technical Innovations site, www.highlineinnovations.com would be advised to be down. Can you please explain why you think that a lawyer would advise Highline to take their site down?
It looks to me like it is the amperage setting that controls the amount of hydrogen. Is that not the case? If I understand that correctly, then where is the controller that was supposed to measure whatever on the engine and adjust the amperage setting so that the correct amount of hydrogen is created? If I were conducting such a test, I would want the unit at max performance throughout the test. It looks like that was not done here. For Chad to say that they adjusted it manually and it played out as expected leads me to believe that he anticipated that it would fail the test. Did I miss something in there?
That is the problem, isn't it? The technicians made adjustments last time and it did not make any difference, it still flunked the test. Oh yeah, that was the fault of the testing facility, not the units or the technicians. I would love to believe that but I just cannot bring myself to. I am really thinking that Chad and his technicians do not have a real idea of how to make it work, and that really disheartens me.
Is that double talk or what? If it has to be manually adjusted for each load value, what good is it? Take a look at the various articles on the internet. There are lots of hydrogen generators that can be adjusted by turning a potentiometer or changing some value of something by a keyboard. Where is the $100M revenue in that? I notice that in the PR, it says that "company technicians" will be doing all of these adjustments. If you compare that with the various lawsuits that are raging, the obvious thing that comes out is that they do not have any "Company Engineers"? Why is that? In my experience, technicians make what you have do what it is capable of while engineers change it to make it do what you want it to. Big difference there.
I think the big question for me is just who is still working? No one seems to be mowing the lawn, occupying the building, doing any R&D, etc.
I am coming to see that there may be more to this than was originally presented and I am severely disappointed. It is beginning to look like perhaps some people may have received shares to sell and not given anything of reasonable value to get them. If that is true, then it is not so much an issue of selling stock into the open market as it may be issues of fraud and money laundering. The who cares is me and all of the other shareholders. Where would the PPS be today if the issued stocks were a billion shares less than what it is? And more importantly to me is what would my investment be worth? That is very important to me. But, if you look back to the beginning of HLNT and end of SSEV, there ARE a lot of high volume days in there.
Is anyone actively looking into these allegations for us?
I am truly fascinated at the loss of focus. If it were my company, I would not care who did it I would make sure it gets mowed. I also would have the company name somewhere for the world to see. I would take pride in my company. It does not look like Coats sees things the same as I do.
I realize that this is a small thing, but then it is often the small things that give us the biggest impression of the overall state of things. Here are some links to some pictures that a friend of mine took last week. Notice, first that the lawn, small as it is, has not been mowed in a LONG time, and also notice that in the middle of a work day, the parking lot is empty. Isn't there someone that has a few minutes to knock down the grass so that it does not appear as abandoned as it does?
http://investorshub.advfn.com/uimage/uploads/2013/9/22/zudgaGrass_3.jpg
http://investorshub.advfn.com/uimage/uploads/2013/9/22/gvpvyGrass_1.jpg
Exactly
Shares bought at these level are only a steal if the company is a success. My shares are worthless otherwise just like any shares you may buy at these prices. That is the only way to look at it. If I could break even, you would not hear from me again. The way I see it is that the only way we will be a success is to clean house and begin again. Sad but true! Have you ever voted for company officers or board members? Neither have I and it is about time that we did IMO.
Well, let me make some observations that may lead us to some of the answers, or at least conclusions about what the answers should be ...
Everyone wants to know why the original tests were done. Remember the tests 2 years ago that produced no reports? Way back then the true information was hidden from us. Why is today any different? Apparently it is the same electronics!
We have been led to believe that all sorts of R&D were ongoing. We are on now I think the 9th generation? Maybe the 15th? Who knows the truth? The only thing that has changed is that the metal box with the pieces of PVC pipe have been changed for a machined PVC box. Supposedly it eliminated leaks. Well I guess eliminating leaks is a good thing. That stuff inside is pretty harsh I am told.
What about the controls? The web site and past PRs talk about the "brains" only producing just the right amount of "hydrogen on demand". Just the usage leads us to believe that it will control something. The HHO generators on the web in the mason jars will produce a constant amount of hydrogen. If that is all this one does then what makes it so special? I remember last summer some people on this board arguing about the differences between the units that others were selling that looked like Hy-Impact units and the ones that HTI is selling. Visitors that had been there said "I have seen the NEW units and the ones that the others are selling are not the same." They said that they could not discuss it because of an NDA but they were different. HA!
Now Chad wants us to believe that a crane gets in excess of 40% increase? I will call BS on that. CHAD, YOU ARE GOING TO HAVE TO PROVIDE AN INDEPENDENT USER THAT SOMEONE CAN CALL TO VERIFY THAT!. Otherwise, we MUST take it as pure BS.
To look at what Chad had to say about the failed test, it just does not make sense. He might as well said that we were cheated because the testers wanted to see it actually work! How is it possible that he could set up a test without knowing step by step how they would test and making sure that the units tested would pass? With all of the R&D that has been talked about isn't it reasonable that Chad would have conducted the test in his nice beautiful shop under the same conditions before letting some independent have a shot at it? He should know the answer before he asks the question IMO. The only answer that makes sense is that he did no testing and just hoped that a lab could correct what he did not have the knowledge to do to make it work.
That brings up another question: With all of the money that has been sunken into this company, what, exactly, are the qualifications of the people working for Chad developing these products? GED perhaps? Certainly looks like it to me! They say that even a blind monkey occasionally finds a banana, but the way this has been going, the monkey is starving to death!
All of that to say that my opinion is that Chad is not the right guy to lead this company at this time. All indications are that while he talks a good game and looks like he should be able to get the job done, he apparently does not have a real clue how to find the talent he needs to be able to make a quality effective product and lacks the skills and talent to manage the company to success. In that I am severely disappointed. I was suckered in by him and now I am pissed and getting more pissed day by day. All I have heard when I strip off the chaff and BS is that he did not have a clue what was to be tested or how it was to be tested. Why will another test be any different? From a practical standpoint, even if he is allowed to stand there and change settings during the test, how does that make a quality product? Will each unit ship with a person to constantly change it in the field? If the unit cannot perform on its own, why in the world would anyone buy it?
Lets take that one step further: Suppose that the test had been successful and we had sold 100,000 of them. Now consider that 99,999 of those were not magically set at the elusive "sweet spot"? Where would we be having to defend the multitude of lawsuits that would result from that? Just because 1 of them worked well, what about the rest?
I am just totally disappointed. I visited HTI last summer and I heard the show that Chad and his people wanted me to hear. Their super-duper unit with its "brain that controls the proper amount of hydrogen for each engine" was truly impressive. When you see a stack of product and are told the stories and testimonials, you want to believe that it is going places. But then Chad puts out a release like he did yesterday and it just blows me away when I connect the dots. Does he not think that we will be comparing his previous comments with his new ones?
The unit was supposed to have this super brain that controlled the proper amount of hydrogen. Now we learn that it is nothing more than a single point current generator. It has absolutely nothing to do with what is happening in the engine. It only knows what it is set to. It is sort of like a window air conditioner that runs and runs. On a warm day it is warm because of the heat outside and on a cold day it is cold because of the cold outside. It cannot compensate for either.
Now, lets look at the results Chad says he got on the first test. On one setting he got 15% and on all others he got zero. Now think about that a bit. That would mean that the curve where this thing works is very narrow. Move 10% away from that "sweet spot" and it is worthless. Now look at the testimonials that we have been hearing for years and you really have to ask who is telling the truth and who is lying? It can't be both. My guess is that Chad's explanation just does not hold water or the company, chad included, has been lying to us for years about the product and what it can or cannot do.
Like someone pointed out earlier, with results like that, the stories we heard about Tyson simply cannot be true. All of that hype about shareholders calling was just another falsehood. If the response is actually as Chad indicated, then the results at Tyson are not possible. So what was really going on at Tyson? My guess is that HLNT was trying lots of different things and when none of them worked, Tyson simply said "enough!" and severed the relationship. And that disappoints me very much. I think that the bottom line is that if Chad wants to come clean and be honest, he needs to stop blaming others and accept the situation for what it is.
While we are talking about truthfulness, perhaps the HOSS was not economically viable, but after doing all of that testing at a certified lab all he had to do was submit the results to the EPA to have it allowed in the US. But, he did not which tells us that the unit cannot stay in the US and must either be destroyed or sent back to China. I could not care less what it is, but the fact that he just could not tell the truth is a problem!
When there, I was impressed with the amount of R&D that I was told had been done. Now it looks like there was no R&D beyond packaging. But, now he says that it needs to pass this next test so that he can attract a new investor. My question is what happened to the money from Mr. D? Was he lied to or did he invest all of that money without seeing working units? Is he about to sue for some form of misrepresentation? And so until another big money investor comes in HLNT cannot develop a marketable product? There is nothing to sell, no money to make something to sell, and even if some fluke happens it will be a long time before sales materialize.
So in the mean time another company without the problems of this one can develop their own and take the market over? Is that what the Process Electronics lawsuit is all about?
I am sorry that I bought into this mess and also sorry that at these prices all I can do is lose money. Chad knew that there were no sales coming in and that the units do not work as advertized and still he forecasted $100M in sales for this year. If trucking companies bought at those levels, didn't he think that there would be a lot of pissed off buyers that would want their money back when they found out the units they bought would not work? Shame on you, Chad!
"Any day now"
That sparks a question since no one really knows what is going to happen one way or the other. Several people have said that they don't think Chad will tell us even though he said that he would. So, what in your opinion is the magic day that we say no news is coming? We could wait till next week, or the week after, or the week after that? The more time it takes, the more nervous we are getting, but when is the absolute deadline when we can say it just isn't coming? We all hope it will come in the next few days, but when should we face reality if it has not come, in your opinion?
I have now looked at EPA.gov and even called their info line to ask questions. Looks to me that Moose is correct. If you have a link that says differently, besides something from the company, lets see it. Otherwise ...
You keep talking about this surf board thing. Why? No one on here cares that Chad said NO to the surfboard years ago except you. Why is it even an issue to talk about? Did I miss something important?
I cannot believe that you actually said that the yield sign was mickey mouse and that:
__________________________________________________________________
Most people have never seen it,ignore it for that matter if they've seen it and have no idea why it's there.
__________________________________________________________________
So what is it? Are HLNT investors not sophisticated, or maybe illiterate? The Yield sign has to do with not being reporting. That is something Chad promised us would be done and completed a month ago. It did not happen. I think the blame we all heard was that the "previous management" had such poor records that they could not report.
So answer this: When Cunetta and group came into the picture, Chad said that these guys were well funded and that there would be no further need of PIPEs or loans or any other thing. That story is posted on the headers to this site of you want to re-read it! Then along came Mr. D with his million or so.
In the last couple of years it looks like a ton of money has run through the hands of HLNT. With the exception of the 700K to PWC, where did the rest of it go? It looks like everybody and their dog is suing for non-payment, so they were not paying the bills when they came due. To me, that spells insolvent! Chad takes extravagant vacations in island resorts.
So, Mid, you tell me what is going on here ... And while you are at it please explain again why Chad's vacations are none of anyone's business?
I know the bank accounts are at ZERO because of the responses to the garnishment that the banks filed in Walters' case which is public record on PACER for all to read.
AND, just to clear the air, I never said that Chad said anything about a deal in the works. Read what I did say and you will learn that I surmised from posts on here that investors were jumping to the conclusion that there MUST be a deal in the works. Personally, I believe that was Chad's goal. I reserve the right to be wrong, but I also do not believe for a minute that Tyson said NO because of some BS telephone calls. Tyson said NO because the units did not work for them. That is backed up by Chad telling us that they are going to be concentrating on fixed motors such as generators and pumps, not OTR. That fact alone tells the story of why the units did not work for Tyson ... Oh yeah, it was those evil truck drivers with lead feet!
Look at the series of stories we have been told. It is always someone else's problem or fault, never the product or the company!
Stretch, lets have a dose of reality, shall we? That release of information was for one purpose IMO and that purpose appears to have worked. It is hype and speculation. Coats blamed shareholders for calling Tyson and jinxing the deal. That makes no sense. Tyson is a very large outfit. first, if the units worked, the money is the driving factor, and second, the probability of some investor calling just the right guy and pissing him off by asking if the things work is ridiculous. IF they worked, Tyson would have bought and the answer to any caller would be "Yes, we are using the HTI units" end of conversation.
Now, when the bank accounts are at zero, he puts out a veiled release that says much about nothing but inspires hope. Folks assume that there is some big deal in the wings and start buying shares. The market is supply and demand at its greatest. Thus on nothing more than speculation the price goes up. With a higher stock price, perhaps private investors will want to put in money, maybe he will sell some of his shares to raise money, maybe there is an AS increase in our future, or maybe that dreaded RS?
Then, we have the competition. That looks to be what the Process litigation is all about. There are now a number of sites that are all selling the same product. Look at these two links:
http://dynastyfuelcell.com/
http://hydrogenfuelsolutions.com/
Poke around and you will find the same units being sold with the same little black box and the same "programmer". I know that there are others on here that will say that they have "seen" the HTI unit and it is not the same but they cannot comment because of their NDA. Garbage IMO. I took the tour also, and it looks like the same dang unit to me! There was nothing in the NDA I signed that prevents me from comparing what is out there and commenting on it, so I have to ask myself what it is that makes others say such things. The only thing I can come up with is that they are in the red and trying not to say anything that will make it worse for themselves.
Actually, I have a vested interest in it going up, but that has more to do with wanting to take profits as I can. I am troubled that it may end up being good after bad and just don't trust the folks in control of the company's destiny.
Like I said before, I have gone full circle on this and I am just not believing anything Coats says till that yield sign is gone. The financials do not make sense. And, if you look at past history, the AS can be changed on a moment's notice. Just because we do not see it now does not mean that it can't change in a few days.
We have been hearing this EPA and third party testing lines for two years that I know of and it was around before I started getting interested. For him to put a timeline on it now and the yield sign still there, I am not yet ready to invest more than I already have.
Has anyone gone by the "offices" to see if anyone is there?
Can we say "PUMP"? The yield sign is still there. Until it comes down, I will wait and see but I am not clamoring to make the stock rise, which is seriously what my better sense tells me is most likely happening. I do have to admit that it makes perfect sense in one important aspect: They need money to keep it going and what better way to do it than to cause a commotion that would increase the stock price.
If all sales and revenue flow through AHS, why should HTI not show profit? Are you saying that all of the money stays in AHS and the shareholders get nothing? Dang, screwed again! I WAS looking forward to one of those island vacations on HTI money. Guess I will not be getting any, will I?
The reality is that "NONE of us know all the true FACTS from both sides, plaintiff and defendant". How is it possible to KNOW what Launch-It did or did not do? I am sure that there was a lot going on that did not get posted to the public that said "Launch-It did this" at the end.
I remember interviews at Las Vegas. Who set those up? They have a web site. Who created that? I remember a PR coming out that said that Launch-It was going to do a lot of stuff. Is it a requirement that everything have a credit line on it saying that this person or that one did it. I do not recall such a thing. The reality is that unless you were there day to day, you are probably blowing smoke saying that they did nothing or demanding that anyone else on this board tell what they did. No one here knows, and if they really do, then they would have to have been there day by day to know. And I think it is also a good question to ask if results were a requirement or is the effort and the time what the company is paying for? Without seeing the contract we cannot know the basis for billing or the requirements, can we?
Clearly, if you follow the company's statements, the sales were supposed to be up to Cunetta and his organization. Maybe Cunetta wants to blame Launch-It for not landing the Tyson contract or maybe Mid does, but as I recall that was supposed to be Cunetta's job. No? There is nothing that I have learned from anything on this board or the court docs that indicates that there was any sales guarantee. Launch-It is suing for services rendered that they think that HTI/AHS agreed to pay for.
I only know what I read or what is told to me. I consider the source. I am not yet ready to blindly say that the company or Coats is infallable just because I want the stock price to go up. I do believe it is very likely that statements by Coats like 100M in sales were probably intended to raise the pps and he knew it was BS when he said it. I also know that the safe harbor protection requires the person saying the forward looking statement be doing it in good faith. Safe Harbor will not protect anyone from intentional misleading statements or fraud. If you think that it will, then you need to be doing some research on the things that work and the things that don't. That having been said, we shall have to wait till more information is available, but for right now, I am not buying any more till I know. Maybe I will miss low prices and maybe I will save total losses. Time will tell.
Please tell us how YOU are privy to what Launch-It did or did not do. Do you have a copy of their contract? As I understand it, Launch-It did all of the press releases. Chad then actually released them to the media. If you have FACT to the contrary, please share the FACT and how you know it to be FACT!
IMO looks like just another case of someone complaining that they were not paid as agreed. My question is whether all of these people were not paid as part of a scam from the beginning or if they were not paid because there was no money to pay them with. Either way, it does not look good for the company. When you have one person complaining about not getting paid, maybe there is more to it than we know, but the reality, according to court documents, is that there are several folks that did not get paid and are going after whatever may be there to get.
And please don't ask for a link or video. That song has gotten very old and tiresome. You have the links just like the rest of us do.
If you have not seen the pile of papers, then how can you give an informed opinion of them?