All I know is YA Global Investments (formerly Cornell Capital) has been accumulating since Sept '09 and is still accumulating. I'll hang with those guys awhile.

Still long and strong here.

Or at least WAS privately held.

boald, MLI Capital Group is a privately held subsidiary of HESV.

A reverse merger may very well be in the works, but is more likely to involve HESV's mortgage/home improvement lending subsidiaries, not an oil company. That said, given the history of the company nothing would surprise me. HESV and major investors will have to break their silence to value in the mortgage and mortgage securities end (the good part) of the business. Largest investor(s) have been accumulating for quite a while now, averaging in again last week. Will hold for the news.

Badbilly, you may want to take note on Cornell Capital's deadline on those stock warrants... first week of September 2009. Also the consitency of the volume amount on spikes that day and since.

It's in the 2007 filings to SEC. Cornell Capital (now YA Global Invetments) buys into HESV by putting up a self sustaining mortgage lender and mortgage backed securities that they needed to tuck away while the underlying mortgages get/got sorted out.

Badbilly, the largest investor in HESV averaged in again Monday. Street catching on. See two year daily chart.

You don't get it. I don't care how long.

Check the thread history. I only come to IHub when this stock shows some price action. Always find subpenny daytraders hardly a factor.

Large investor(s) have caused the run ups. That is fact. Trifling little two dollar day traders like you bring it back down on light volume. The long term large investors don't care if you do. In fact they prefer it. Try doing some research, you might actually make some real money that way.

source?

Gonz, what do you have to gain by taking this down? I'll bet you have a nice low ball buy order in yourself.

Enough Gonz. You obviously know zero about this company. If you go back to 07' reports and compare dates to runs on the stock, you'll see the the largest subsidiary is self sustaining and the mortgage backed securities have some value, even at 50 cents on the dollar, has an asset value somewhere above 2 cents a share. I think some sort of transaction is in the works for maybe a nickle.

Enough Gonz. You obviously know zero about this company. If you go back to 07' reports and compare dates to runs on the stock, you'll see the the largest subsidiary is self sustaining and the mortgage backed securities have some value, even at 50 cents on the dollar, has an asset value somewhere above 2 cents a share. I think some sort of transaction is in the works for maybe a nickle.

Already had a buy order in in case it does.

Gonzilee, we've heard your opinion. I've made some nice money over the last two years in this stock over the last two years by being patient. I also plan to keep a heavy position in it until news related to asset valuation hits.

I'm long and strong on HESV. Call me crazy, but I see a nickle a share coming in a take over, buy out, or cash in involving the mortgage lending and mortgage securities end of this.

It got kind of quiet in here. Did the early posters take their $200 profit for the day and leave?

If we start seeing some of those 5 to 10 million share trades today... see September '09.

Here we go.

I would say, if the ask at .0008 clears, get out of the way.

HESV doesn't get enough street interest to pump and dump. I doubt posters in this room today accounted for more much than 10 million of the shares traded, if that many.

I hear you. Not normally an OTC trader, but have been in HESV long term. There is some value here in subsidary mortgage lenders and the mortgage securities HESV holds. I still think YA Global Investments expects to come out better than 2 cents a share. The best I can estimate it, they aren't even averaged in that low.

Street traders aren't moving this. You can bet either the HESV principals or YA Global Investments or both are making a play on the value of those mortgage securities. If we knew who traded the 35 million shares at .0005 after 4:00 PM, we could probably figure out what's up.

Who gets to trade OTC after hours anyway. I sure can't.

Please educate me. Wouldn't a Form T mean those trades increased someone's voting interest, even control of the company?

When this stock moves, it's not your regular street action. The volume of support at .0005 looks like someone is taking or more likely adding to a serious large investor position.

HAPPY NEW YEAR ALL! I'll be back when we see some volume and/or news. Bound to come sooner or later.

YA Global Investments (f/k/a Cornell Capital Partnerships) bought in with mortgage backed securities and stock warrants back in '07. See SEC filings from that year. Warrants exercised early September '09.

Here we go again. Somebody dinging the bid with a whole 100 shares. Someone may be playing both ends of the spread for pocket change too, but it's pretty clear that a bigger player is trying to take in as many outstanding shares as possible at .0002.

Patience is a virtue. HESV may not be worth the 35 cents a share early investors had hoped for, but the mortgage lending end (including the securities) are worth something. Even if the mortgage backed securities are only worth 50 cents on the dollar, HESV trades well into the pennys or even dimes. Wish they would reveal a plan for earnings, but there is some value here regardless.

Man, YA Global Investments (f/k/a Cornell Capital Partners) are vultures. No skin off their noses to ding the bid to keep accumulating at .0002. We need some buyers in on this and make the bastards chase it.

See what I mean! No sooner do I mention "long hold" at this site, and someone dumps a measly 10,000 shares at market. That's a $2 trade. As I said, the tiny traders need to get out of the way.

No. I only come to IHub to check out HESV when I see activity. Can tell it's not small traders at play. What clinches HESV as a long hold for me is that YA Global Investments (f/k/a Cornell Capital Partners) protects their investments and appear to have practical control of HESV. YA Global Investments is in with common shares. I'll hang with those guys.

Bruce Edwards if I remember the name. The real action is at the subsidiary MLI Capital Group, the mortgage and home improvement (including energy efficiency) lender in Virginia. They are still making loans and taking names.

Cornell started with 200 million shares after the reverse stock split. Wouldn't be surprised if Cornell has had a standing order for HESV at .0002 for awhile.

Cornell previously bought and additional 200 million in September last year. That was open market apparently in lieu of exercising their stock warrants from the 2007 buy in.

P. S. Looks like Cornell (YA Global) averaged in last aroun April 21 purchasing maybe 150 million shares (at least a 100 million that day).

Cornell Capital Partners (now YA Global Investments) is holding 300 million to 400 Million shares they expect to cash in at better than 2 cents a share, when the mortgage backed debentures value in.