Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just a matter of what direction the company is actually headed in, regardless of what they state in PRs. We've seen enough BS in this stock over the months. My avg price is .20 or so and reluctant to throw more good $$ after bad.
Lousy close.
Wow, after being up 50% or greater much of the day it closes up 12%. Barely a move. Still a lot of dumping into this.
So more info that is negative and not confidence in Klok vs. confidence he can pull something off.
Could use a .25 stock in a couple years. That would be nice!!
Yes, and was Darrah in on the whole pump & dump scam??
Either way, still have an avg price multiples above this so hope and pray this is a legit business and these guys execute.
Yes, it talkes of $6.64MM in 2008, but not of net. That is a gross #. Thus, who knows what if any profitability these guys will have.
Whatever, the stock is at .013. Not like the market takes it too seriously.
The question is...When is "the first year of production??" 2008, 2010, 20never??
Any idea how long it will take to become a real business if they can succeed?
And how can they finance. Issuing shares at sub .01 is the equilvalent of not being a business.
What happened to Sudbury?
Darrah is a bigger crook than Bootes.
Predictions for this week:
.16
Hearing between .25 & .50.
Think Bootes is getting closer?
Merger?? What about the news of the merger??
Any word? I think Bootes will pull this altogether into a winner.
Cyclone,
What's your sense on the pop this thing might get when and if Bootes clears everything up?
Rik,
Darrah is just as much or more responsible for what happened with HMIT. Darrah supposedly never came up with the $$.
Darrah is just as accountable.
Also, how can you say you have a gold project worth $400MM in one release and then a couple later say you have to test drill for 4 years or something.
So, what is the $400MM?? I mean, that's just as concerning as anything Bootes pulled. And who made the $$ on the move of HMIT in the April-June timeframe??
The previous price was $2.15. Now we're talking about the teens (pennies)? Why the difference?
And didn't the coal leases go with Bootes to ILGL?
Hey, look at HMIT. Lost my A$$ on that, but in all seriousness it was a hugely executed pump-n-dump. Got as high as $1 and now sitting at .02 in a matter of a few weeks and basically was all hyped and nada.
The question is who owns the rights to the $300BB in coal that talked about.
yes, Jeff will come through and deliver value to ILGL.
Look at TAYD. Makes dampers and absorbers for bridges, buildings and other structures to protect against natural diasters and other events.
Speaking of which. Is there any formal action against Bootes at this point?
10MM of INFX? A company with 25MM shares total and $10 in the bank.
Is this a correct statement?
Aren't they returning 106MM shares in total, Bootes + another bunch?
What a riot. Veronica has her name on what now seems like multiple fraudulent press releases. She is in no position to threaten anyone.
Yes, but how will they fund and operationalize this? Doesn't see like it's plausible for a .03 stock.
We have to hope for some short squeeze if the Bootes shares were all shorted and have to be returned.
I agree, Darrah more culpable than Bootes.
And what is the deal with Veronica, wasn't she a Bootes ally?
This Darrah seems like he should be in jail sooner than Bootes.
Yes, and what capital are they using to execute on this and how do they proclaim these #s without a concrete plan, etc.
Darrah is just as culpable as Bootes here in not more. What a mess.
Yes, but even after Bootes & Darrah agreed to part ways by Bootes on 5/29 agreeing to return the shares Bootes was releasing the CMM LOI news 10 days later??
Makes no sense to me that HMIT & Darrah/Veronica had no accountability at that point.
Very, good point. The damages could be significant, multiples of the current market cap and HMIT then has ongoing projects of substantial value too.
I don't understand any of this in the sense, that everyone is coming hard after Bootes, but the timelime doesn't add up.
1) On 5/29/07: Bootes requested to return 56MM shares; thus, isn't the whole coal thing in jeporardy at that point?
2) On 5/30/07: announcement that CMM is paying $2.15/shr for HMIT because of coal project
3) On 6/7/07: CMM & HMIT sign LOI for due diligence with a quote from Bootes
4) on 6/13/07: HMIT announces Sudbury project
Strikes me that if Sudbury is legit we'll be fine. That is what Darrah needs to be out with more press releases on this week.
Rik,
I read it that the Sudbury project is HMIT's. And if this works out the shares are very cheap in here and will go much higher.
The best thing HMIT could do is speak to how they are going to get the Sudbury project going and timing. Don't dwell on this coal/Bootes thing other than to updates on statuses as necessary.