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Grumpy, Got your messages, I have the free version, so I can't respond privately. No worries, when it does happen to me, I'll let you know, so you can tell everyone here what happens...Thanks.
We all have an agenda here. That is obvious. If you own stocks, then you try to protect your investment. But if you don't own stocks, what are you doing here? I don't buy that "We are trying to save you from loosing more money, or trying to bring down Mr. TG." Have patience. The dust will clear and we will see who is still standing then...
GM All! If you saw a buy order for 1250420 just a few seconds ago, that was mine. The more some folks here try to get people to sell, the more I am going to buy. Good day everyone...
Only if you trust that the email is authentic. I personally don't, until I see it as an official PR from HESG.
That is a good point, mwab52. The other thing to keep in mind is that the float is the critical number here. The number of floats directly affects pps. A/S is not relevant, at least not to us.
All this speculation is causing much confusion and doubt. The point here is whether these speculations are correct or not, but we need to wait until the official PR comes out then make evaluations/judgments.
wylder111 - I have never seen so much drive and determination from certain individuals on this board to get HESG investors to sell. Everyone has a motivation and everyone can clearly see what that is? Or can you? Look, these guys/gals are good at what they do, therefore, the only way to combat fear is to do your OWN full due diligence.
Every time I start getting a little uneasy, I go back to the official PR's, news, and my own dd's. The writing is all over the wall!
Without the obvious manipulation, the pps would have continued to steadily climb, we all know that. So keep in mind that the movement is not natural...Also, this is an obvious LONG term stock. Look at the big picture and you won't loose focus.
Full due diligence = Confidence. Period. 'The truth shall set you free."
mwab52, thank you for your tireless fight. As I have mentioned in the past, I am one of the 'Horsemen' that is keeping the Google board in check. Yes, I agree that we need to wait until the SS comes out, straight from the horse's mouth. Keep in mind guys and gals that there are lots of other HESG longs that don't post here...
"And you shall know the truth, and the truth shall make you free"
~John 8:32
Good one. Credit to 'Clofresh', one of the posters from HESG Google board:
funmaxus, I received the same answer from a E*Trade representative when I asked if the O/S is 56.3 Million (float). The rep even put me on hold and verified through a few sources including Bloomberg. He came back and confirmed that this is the case.
I want to comment on the revenue; Even if the company currently has low revenue, I would like to remind everyone that we are buying into its potential revenue / market and we all have a pretty good idea of what it is.
The naysayers will obviously disappear once things pick up and they will only return to find other things to bash. Everyone should view these bashings as entertainment purposes. Believe me, if there were a major red flag, someone would have picked it up and brought it to our attention, with solid evidence of course. May 2010 bring us many Benjamins!
renegade16, I have done my dd and very confident of my position with HESG. I will continue to stand by HESG because I know we will WIN at the end!!! If you have done yours, you would agree, unless you are already on 'their' side....Best of luck.
Folks, please hit the ASK! Your orders at 4's will NOT get filled. You are obviously putting downward pressure when you hit the Bid. Thanks!
No, absolutely not! It's the other way around. Try to go back and do some dd and you will truly understand the situation...Good luck.
GM! Here is a good reminder from Thinkfish...
Securities under $5 may not be sold short. Short sale proceeds help secure our loan to you and may not be withdrawn. You are liable for any dividends paid on securities you have sold short. Should Scottrade be unable to borrow or re-borrow a security you have sold short, or for any reason we deem prudent, we may at our discretion, with or without notice cover your short position at the current market price and you agree to be liable for any resulting debit balance.
CEO Scottrade = President of NITE...same person,
Scottrade & TDA halted buying of HESG, lends shares to NITE to short.
Breach of fiduciary duty is a form of stockbroker fraud or misconduct. ?
https://www.scottrade.com/formscenter/PDF/111_BrokAccAgreement.pdf
HESG
2.2 Billion Outstanding
3 Billion Authorized
37 Billion Shares Traded YTD..
NITE traded 20B of that in NOV.-DEC.
[Suppressed Image]
2.2B = Total share volume in the month of March 2009
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=HESG&SortBy=volume&Month=3-1-2009&IMAGE1.x=34&IMAGE1.y=7
Looks like HESG has been sold out months ago...... 37 Billion trades later no change in share structure.....hmmmmmmm
Mar 23, 2009 0.0001 0.0001 0.0001 0.0001 284,303,872
Mar 20, 2009 0.0002 0.0002 0.0001 0.0001 307,782,112
Mar 19, 2009 0.0002 0.0002 0.0001 0.0001 50,805,100
Mar 18, 2009 0.0002 0.0002 0.0001 0.0002 27,730,000
Mar 17, 2009 0.0003 0.0003 0.0002 0.0002 66,445,104
Mar 16, 2009 0.0003 0.0003 0.0002 0.0002 127,875,568
Mar 13, 2009 0.0004 0.0004 0.0002 0.0002 153,696,080
Mar 12, 2009 0.0003 0.0007 0.0002 0.0004 217,741,792
Mar 11, 2009 0.0002 0.0003 0.0001 0.0002 115,119,480
Mar 10, 2009 0.0001 0.0002 0.0001 0.0001 31,324,000
Think about this, why did the Mutual Funds that Invested in HESG only have small positions?
http://www.mffais.com/hesg.ob
Wisdomtree Trust - 30,900 Added More 11,610 60.18 %
Streettracks Index Shares Funds - 17,480 Added More 16,730 2230.66 %
Eq Advisors Trust - 41,470 New Holding 41,470 100%
Van Kampen Emerging Markets Fund- 28,730 New Holding 28,730 100%
Morgan Stanley Institutional Fund Inc - 159,140 New Holding 159,140 100 %
Universal Institutional Funds Inc - 67,830 New Holding 67,830 100 %
Dfa Investment Dimensions Group Inc - 80,036 New Holding 80,036 100 %
Dfa Investment Dimensions Group Inc EM- 381,810 New Holding 381,810 100 %
Dfa Investment Dimensions Group Inc - Value 9,600 New Holding 9,600 100 %
Dfa Investment Trust Co - 23,790 New Holding 23,790 100 %
Dfa Investment Trust Co - 341,150 New Holding 341,150 100 %
Vanguard International Equity Index Funds - 495,020 New Holding 495,020 100 %
Vanguard International Equity Index Funds - 24,570 100 %
Vanguard International Equity Index Funds - 340 No Change 0 0 %
Old Westbury Funds Inc - 11,480 New Holding 11,480 100 %
Schwab Capital Trust - 6,750 Added More 3,960 141.93 %
Vanguard Star Funds - 107,710 No Change 0 0 %
This is how IC it;
Since all these HESG positions were filed by Mutual Funds on or after 07/31/09, last 12/09/09
THATS ALL THE SHARES THEY COULD OF BOUGHT... FROM THE HESG SHARES AVAILABLE.
FTP HESG ON THE LIST
HESG|Health Sciences Group, Inc. Common Stock|NBB||
http://www.nasdaqtrader.com/Trader.aspx?id=SymbolDirDefs#nasdaq
File Name: nasdaqlisted.txt
FTP Directory: ftp://ftp.nasdaqtrader.com/symboldirectory
Rule 11830 generally mandates delivery of a security within 10 days of the settlement date for short sales executed in Nasdaq securities that, on the trade date of the transaction, had a clearing short position equal to at least one-half of one percent of the issue's total shares outstanding.
T-10 days
Did MM's get hands caught short in HESG cookie jar at NOV. 04 @.0004
When HESG CEO retired 40% of Authorized Shares 1.5B +500M restricted
Settlement Date
December 31 (Thursday)
Due Date*
January 5 – 6:00 p.m. (Tuesday)
Exchange Receipt Date
January 12 (Tuesday)
Next step? OTCCBB new share structure, agreements signed with Montana Care Givers, one of the only States where profit for Medical Marijuana is legal..
HESG will be the first company publicly traded company that will profit from distribution, transportation, and cultivation of Marijuana .
CEO other company Design Marketing Concepts Moves Up Pink Sheet Tiers to PS Current Information.
http://www.dmcleads.com/news/Pink-Sheets-Current-Information.htm
Tetrahydrocannabinol 3D look at this Amazing Organic Chemical
[Suppressed Image]
HESG
OTC Market Tier
Pink Sheets Limited
Primary SIC — Industry Classification
2860 - Industrial Organic Chemicals
Business Stage
Development Stage Company
I hope you are enjoying this trip, fasten your belts we are ready to launch.
Peace
†h i n k f i s h
Yes! tech9018, you nailed it!...Thanks.
Another take on the manipulation from ICE:
UNMANIPULATED ...09 - .10
http://stockcharts.com/c-sc/sc?s=HESG&p=D&yr=1&mn=0&dy=0&i=t62914866854&r=8782
In addition, the MMs need to balance their books. Covering shorts??
Grumpy, you're welcome. Glad I can contribute. sfraven, there is definitely something amiss. Without the 'manipulation', I have no doubt we would have been in the penny(ies), or at the least, very close at this point. I am throwing the kitchen sink into this one.
One key point here is dilution is expected, but I believe only RESTRICTED shares will be increased, as the purpose of restricted shares are for acquisition purposes. The float should not be affected, therefore, the pps should not be negatively impacted. It should be interesting!
CORRECTION,
A/S = Roughly 5 Billion
O/S = 2.2 to 3 Billion
Float = 600 to 900 Million
I am using Thinkfish's estimated figures, since he seems to really know what he is doing, so credit due to him.
A/S = 2.2 to 3 Billion
Float = 600 to 900 Million (30% of 2.2B - 3B)
This board holds about 1.2 Billion shares, not including other boards. You do the math.
Someone please correct me if you see anything discrepancies...Thanks.
I am using Thinkfish's estimated figures, since he seems to really know what he is doing, so credit due to him.
A/S = 2.2 to 3 Billion
Float = 600 to 900 Million (30% of 2.2B - 3B)
This board holds about 1.2 Billion shares, not including other boards. You do the math.
Someone please correct me if you see anything discrepancies...Thanks.
YES! hermso, they need to merge asap! But as Mr. Gaffney have stated, the pps and share structure needs to be in line with the other companies in order for mergers to happen...Collectively, these companies can form a powerhouse!
sfraven, good point. I have made up my mind that this will take a while to develop and an obviously long play. That way, if things do not develop as quickly and / or price rise as fast, then I won't be disappointed. I strong believe from what I know, it's a 'when' and not if.
As for the share structure, well, look at it as playing chess. With all this speculation of shorting / naked shorting, and numerous estimation of A/S, O/S, float, and restricted, I am giving Mr. Gaffney the benefit of a doubt that he is using this situation to his advantage. I believe his timing is for a reason and I wouldn't want to tell my opponent all of my moves! Maybe, and just my theory, that covering is between end of this year to January 15, 2010 and the CEO does not want the shorters to know???
Go back to today's earlier posts, there are a few posts with actual coverage dates with links...
tommy, agree 100%. The market will get saturated once people really catch on. And I believe that Mr. Gaffney recognizes this big time, so I believe he is working hard and fast once the Obama administration gave its blessings on medical MJ. So please refrain from flooding him with emails and phone calls. I believe there are a few folks here that seem to be on top of this, i.e. 'Hotsprings'. Let the poor guy work! lol.
Here is something to think about; there are too many developments for this thing to not do well! Stick together, everyone and I truly believe we will all be well rewarded!
tommy, yes, VERY interesting. Credit due to one of Google posters. I think that the major tobacco player may feel threatened that MJ will cut into a share of their pie. But at the same time, they are setting themselves up with those domains 'just in case' the opportunities presents itself, i.e. legalization of MJ for recreational purposes.
My thought is if the medical side works well, i.e. huge tax revenue as predicted, less crime, solve certain US/Mexican drug issue, you get the idea. Then why not open the gates fully? But it may be far into the future. And I want to clarify that this is obviously my humble educated guess. But than again, things may come much quicker than we think!
Jahuel, if you read my latest post here, I must admit I was not too positive, but REALISTIC. But you want convincing? Read the dd that most of us here and other boards have spent countless hours doing. Go to HESG Google board and look around if you haven't done so.
http://www.google.com/finance?q=OTC:HESG
Obviously, only you can convince yourself. I don't know of another subpenny stock that has so much going for it. Of course, high risk, but VERY high rewards. But I cannot stress enough that thorough dd is critical. Besides, if you just spend the time to read through some of these posts, the work has already been done for you. Best of luck.
smokey2108, this is what I posted in the Google board and thought I share it here.
Let me attempt with what I know (which is modest). I have a
feeling we may stay at these levels until the true SS is revealed.
This is a big obstacle because I am assuming that the ones sitting on the sidelines are still nervous about all of the numerous speculation on the SS. Well, we are not too far from that day because the CEO PROJECTED to PR the SS sometime in January.
Also, coverage by MMs are EXPECTED end of year / Jan. 15th. This may have a positive impact on the pps IF the shorting situation is true.
The other thing is from what I read and guestimating is the buying
restrictions from the 2 brokers. People are STILL in the middle of transferring and waiting on funds to clear. I am guessing that there are some that have NOT done switching and / or started a new account and hoping that the restrictions will be lifted. This is obviously putting a damper on buying.
There will obviously be some that are selling for tax reasons and will consider buy back hoping that the price will stay at these levels.
Then there are the MMs manipulation...
The news today I consider AWESOME! I was surprised that the pps
didn't move any higher, read above...I think people did not give it enough credit that it deserved. First of all, Mr. Gaffney have once again reconfirm that he delivered! This in itself is very important.
In conclusion, the obstacles are working against us. But in time, and time IS on our side, things will clear up and fall into place. TIME to add more, folks!
Not sure if anyone have seen this, but it was posted on Google board by 'Clofresh':
http://domainnamewire.com/2009/12/28/altria-gearing-up-to-smell-marijuana/
Makes you go hmmmm...
weatherfuel, you maybe right and the feds are heading that direction when Obama signed that bill allowing medicinal MJ in D.C. It will take time, my friend, but I am confident it will happen. Didn't you read that recent Wall Street article? MJ makes up roughly 50% of the Mexican drug cartels' income.
http://online.wsj.com/article/SB10001424052748704254604574614230731506644.html?mod=WSJ_hpp_RIGHTTopCarousel
Well, folks, it will be interesting next week. This price is a blessing in disguise because it's allowing us to load up cheaply. Got an early day so I am hitting the sack...
That's right mattysimone, I remember voting for that measure last year. Also, Harvard is around the corner, lol. You know how liberal they are...
Thinkfish, looks like someone beat me to it. But I posted it in the HESG Google board...
I live in Massachusetts and recently the state have become liberal in it's laws on MJ. The violators caught with a certain small amount will get a slap on the hand and a small fine. I think that NH and other states that have not done so will eventually follow suit. Many will realize that this is a great source of revenue as in taxes (medical uses). Especially now that many states are running huge deficits. Besides, easing up on the MJ laws allows better use of the police force. The key and very symbolic event is the recent D.C. allowing of medicinal MJ.
I second tiso_us, that is exactly what the MMs are waiting for us longs to do, cave and sell! Dolphy, I also did the same as you, but I bought in when HESG was in the teens and was able to average down to 8. Yes, I am still in the red, but I BELIEVE. I am loading up as much as I can afford to do so.
The loyal posters here along with the HESG Google board contain some of the most knowledgeable and supportive people I've met. We all have done countless hours of dd and the conclusion is that this thing has massive potential! I am sure most can agree with me. Go back and reread some older posts, news and HESG PR. I have mentioned before on the other board that this industry is still in it's infancy stage and it's going to take time. Besides, the MMs KNOWS what a good thing this is and again, we all know that the pps is not moving like it should be.
Again, key here is that we all stick together and collectively fight back against this unfair manipulation. Hang in there, our day(s) WILL come...
mattysimone, are you talking about this? Scroll down and there are a few other good related new articles...enjoy.
Welcome MC, good to see you here!
http://news.yahoo.com/topics/medical-marijuana
Good Afternoon, Aside from this talk of the buy restriction, I hope that people stuck with these brokers have either switched and / or started a new account with a broker that allows buying of HESG. It may be a long time before the restrictions are lifted if at all. The pps will not be at this level for long. Think about it, the folks that are waiting for funds to clear and accounts to be set up last week should be ready to buy next week. I'll be adding next week along with new investors will put a nice pressure on this thing...
I could think of one off my head: VRMLQ
http://www.google.com/finance?q=PINK%3AVRMLQ
Thanks golferman for doing that. I have seen that suggestion before. I believe you will be giving him an Ace if he doesn't already have it...
ICEQUITY, sorry to hear about your job situation. I wish you the best of luck in your search...Interesting charts, and again appreciate all of the dd.
Same to you, hermso. Everyone filled up with leftovers yet? :) Here is something to digest over on the dilution claims. Per the article and cites an example of naked shorting. The naked shorting creates an illusion of dilution, the action not from the company, but from shorters:
It should be noted that in the process of naked shorting a stock,
dilution of the shorted stock occurs due to the introduction of
virtual shares (fails) into the system by the naked short seller.
http://seekingalpha.com/article/58220-ldk-solar-the-naked-shorting-crime
Cheers, Everyone! Rest up for next week...