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...and that means nothing - your welcome!
Oh ok..If you say so. LOL
....I have the feeling that there are some "true longs" who are selling here lately IMHO.
lol....I have to agree with that. That is another question in itself. How did we become IHSN10???
I was invested in IHSN, which my account now show's IHAI.
I was never invested in IHSN10....LMAO.
What is your reason for agreeing with Rabbit? I agree, this is a Reverse merger.....so there is no "90 day quiet period". There was no IPO, he merged into IHSN or IHSN10 if you wanna call it that.
You continue to prove my point of lack of transparency.
Good day....this was my last "free" post for today.
Go back to my post 16479. You are talking in circles Rabbit.
If they are Reverse merging into our shell, there is no 90 day quiet period. From all my experiences with trading/investing, it has never taken so long to put out a PR about a reverse merger and the DETAILS of how that deal was structured. I cannot wrap my head around why these types of things are still being kept a mystery/secret when Winter's is involved in these types of deals..
He was silent the same way about how the IHSN/HM3 deal was structured. It just smells like the guy always has something to hide.
I believe this is the reasoning for our low PPS, for supposedly having a WORLD CHANGING TECHNOLOGY. If there was more trust in this by the investment community, we should already be trading way higher than what we are on just RUMOR alone.
It just doesn't add up, and we NEED answers. PERIOD!!
Thanks Trip.
You hit it right on the head brother with that one!
Nice post......
GLTA
It is to my understanding, that the 90 day rule applies to an IPO.
I don't recall hearing anything about Carmill energy coming out with an IPO. The benefit of merging into a public shell that already exist, is that you don't have to do an IPO. Save's time and money, and is alot easier to go public with your company.
Yeah OK buddy. I wish the market as a whole would see what you see in IHAI.... But then again, they probably aren't that smart...lol.
Oh yeah? ok! A "possible" quiet period huh?? Do you have the link that is specific to this law and what kind of information they are/ or not allowed to give out pertaining to this law??
Wow time must go REALLY slow with this stock, or I have just been in it way too long. It hasn't been 90 days yet since the inception of IHAI?? If not, what was the date?
Oh my do you have alot to learn my young friend....
they are not required to PR if they were going to do a R/S....
That can sometimes come as a HUGE surprise!
Not that I think they are going to, just saying......
Please give the board a reference link as to what LAWS we are talking about here that would restrict the company from giving out any REAL public information. I for one truly am lost on this one.
Educate me please...lol.
I know we have had our go arounds, but glad to hear that you are starting to raise some questions and starting to relate to my frustrations....and I agree, hope to hear something in a PR soon.
And FWIW, I myself think they have had plenty of time "by law" to let us know the details of how IHAI came to be IHAI.
Still way too many secrets kept. Nothing has changed here IMHO...
GLTA
What are these laws that everyone keeps talking about that is keeping the company so tight lipped???
Links please also.... TIA
lol...yeah I know, that is why the "argument" to my case has always been to become reporting, to stop with the misleading or half written PR's, and to become more transparent.
We still haven't changed that, and now there is huge discussions about a R/S happening??? Hope this doesn't come to fruition for a long long time. Wow, that would just add to the mistrust investors already have with this stock.....
If it does happen, thank god I had the hindsight to not keep blindly investing my funds into this without the "new company" proving they are worthy of doing so.
GLTA!!
Thank you - AMEN!!... That coincides to the tee with what I am trying to say..
I would say to kick the can down the road.....
Like building a real business with real revenues, and concentrate on becoming a full reporting company first. Heck, they are still seeking the financing they need to get the first project started.
We are a long way off from thinking about uplisting to the Nasdaq.
Becoming more transparent would bring in a different level of investors on it's on. If they are a real company like some of you suggest, they do not need to reverse split right now. It would be pointless.
"Just think of how easily Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the minimum bid price at time of listing must be greater than five dollars, and there must be at least three market makers for the stock. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
http://www.investopedia.com/ask/answers/121.asp
"Just think of how easily we would move post split, considering how easily we move now."
Exactly, it would make this stock more volatile. We would move down just as easily as we would move up. At the stage this company is in, that is the worst thing they could do with this stock at this point in the game. PERIOD!!
"Once IHAI delivers, then everyone will be chasing the PPS... RS or no RS."
MY POINT EXACTLY! They just need to deliver. Build the business the right way. Worry about R/S and uplisting later.
It would be a kick in the face to all of the loyal longs, and this is all they would really accomplish by a reverse split at this time.
Please, let's move on to another subject.
WRONG!!!....It would most definately kill the stock at this point in the game. Also as already discussed, they won't be uplisting anytime soon unless it was to the OTCBB, and they wouldn't need to R/S for that.
lol...you know?!?!....that's what im saying
Amen... I myself am enjoying seeing some realistic posts on this board for once...GLTA
.....and that would be correct!
That's right holdm....
That is exactly what I have been talking about for some time now and it's been like a crime that I suggest such a thing...lol.
And yes, it is a fair request!
That's correct, and it happens everyday in pinkyland my friend.
Oh I thought you said an uplist to the Nasdaq/Amex....
not the OTCBB. We are way down the road to becoming a Nasdaq company. Becoming an OTCBB stock is very attainable.
lol....If that was to happen, I would go with you.
A R/S is not any good for us current shareholders....it would be a major slap in the face!
....and that is FACT, not an opinion.
I agree....a R/S is not what this stock needs at all.
And you are right, It does take alot more than that to become elligible to uplist. We are not even close to meeting those requirements. And yes Rich, a R/S is what Tank beleives is in the works.....
Ok thanks!
My computer won't allow me to view for some reason....
Is it the good, the bad, or the ugly??
Wow really, your that easy??... One conversation and you are SOLD! What else do you wanna buy, cause I'm selling...lol.
You must have been an OBAMA fan with all his enthusiasm with all the CHANGE he was preaching.
No disrespect Rabbit, but you are sounding a little desperate here bro with the non-stop pumping.
It's going to take more than what Mills has to SAY to convince me and OTHERS. It is time to walk the walk here. Talk isn't gettin it.
Thanks Rich for the PM...greatly appreciated!
I'm not bitter or upset. Actually glad to see you are happy with your investment here, instead of blaming others for talking you into getting involved. Yes you and many others will become millionares "IF" his claims come through.... and I truly hope so.
You obviously didn't get what I said, and I am not going to try to explain it to you.
Because whether it works out or not it is a corportate write off... that's corporate america for you.
And yes...anyone can make those kind of claims. Making it happen is a different story.
If anyone has been "too hard on Winters", it was deservingly so...
he still has alot to prove - and still nothing is proven.
It is what it is! Like others here have said. "If you can't stand the heat, get out of the kitchen"...lol. That also goes for Winters when he under delivers IMO...
Thanks again Flex for your efforts.
I really appreciate your open-minded approach along with your honest opinion you offer.
There has been an increase in our float.
I do agree, am glad they have not decided to do a R/S, "YET".
It is good that there has been a reduction in the O/S, however would like to have seen the A/S been reduced as well.
Right on Rich.... I agree with this totally!
This is one point we both agree on.....
VERY VERY true!! Common sense logic right there.
Nice post Rabbit!