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The opinions expressed herein are my own and all investors should conduct their own due diligence and make their investment decisions accordingly. It should be understood by all that even if I don't explicitly make this statement, it is always implicit in my posts.
Here is something that investors should really think about. While I have been criticized about the accuracy of my predicitions, and I do not mind that criticism, most investors don't understand the down side to being able to predict perfectly. While it would be nice to know that on a certain day, at a certain time, a PR would be released, causing the PPS to reach a particular level, as investors would be able to set their "asks" to take advantage of such knowledge, it would be extremely irresponsible to be able to predict perfectly. Why is this so? To predict perfectly would lead to "perfect predictability", which would be a tremendous problem where Flippers, Short Interests, and Market Makers are concerned. The same 'Perfect' Information could and would be used by such groups to manipulate the PPS in such a manner that those who would rely on it to set their 'asks' would wind up being abused severely. I have no ill will towards flippers, and my opinion about short interests is that they have their place, but these groups truly hurt the basis for investment in the market place, those who invest for the purposes of acquiring wealth over the long term. Market Makers don't provide markets for altruistic motives, their motivaiton is greed, controlling the market place for self enrichment. These 'counter interests' thrive on high volatility, and rip apart most average investors (save a lucky few who might escape unscathed), and flippers, like short interests and MM's, can kill an upward trend just as well by their dumping when the PPS hits a certain level.
As I am long, and I support longs, my predictions are for the purpsoe of supporting longs, and I am not worried about being off for a day, or a week or more as the value of my posts is in helping longs to understand that 1) something important is happening, which means that patience is worthwhile, and 2) where the PPS might go, to allow them to decide for themselves how they may wish to add to or subtract from their positions, allowing adjustements to their portfolio's in a way that brings greater value to their holdings.
For the rest of the investment groups, thst is the way it is.
And by the way, somethings very, very important are going on that means a lot to where the PPS is going upwards!!!
A critical meeting was delayed last week, the delay was not on the part of HLNT. That has translated to this week, and we should hear the news we want to hear on or before Friday.
Just a reminder, two years ago, HLNT was having a hard time just getting a foot in the door. Now, after rounds of testing, product improvement, infrastructure build up, and greater sales efforts, it is nice to be at the table discussing final financing terms for the sales.
To put it in perspective, HLNT has already exploded. All we are waiting on is to see the Flash of the Light (the PR) and to hear the Roar of the Thunder (the uproar of the trading that follows).
I would love for the royalties to fall into the last group, but more than likely, they will fall into either of group 2 or 3. Group number 1 is way to low.
Dongfend is simply waiting upon the EPA approval to begin full scale production, and we will most likely see a build up of sales starting in December of this year.
It is a fifty/fifty split. More details will be released in the Initial Disclosure.
Yes, the list is current.
Really? Sales Revenue? The agreement that exists between HTI (HLNT) and AHSGS&M is to split the revenue for the sales of the Hydrogen units, using AHS as the receiver of that revenue, less a small amount for admistrative expenses for AHS. It makes sense that this J/V works that way since AHSGS&M is now conducting the sales and marketing functions for HLNT. And don't forget, the new and very improved HHO units are priced high enough that HLNT is making more money per unit than it was with the old HHO units.
If the only criticism is that HLNT is not being greedy by taking it all, hey, I can live with that criticism.
And as to the Humphries suit, I never said it didn't exist. But what I have said, because I understand the law, is that it will be thrown out. The judge will have no choice but to do so.
The reason I am watching that case closely is to see whether there will be any sanctions against Humphries and Espinoza for filing a bogus case.
Niko, the only change to that list has been Mike Feemster, who resigned back in August, which makes sense now that HLNT is using AHSGS&M for the sales and marketing. But the rest is still current and accurate.
So what assets have been shifted to AHS? Is there anything that supports this opinion?
Had to make some revisions
Interesting to see how the issue of his bankruptcy is not being considered. He gave up all rights to filing a claim against HLNT with the bankruptcy.
But lets look at that bogus claim that he was inappropriately ousted from HLNT. Let's assume for the fun of it that he did have a case. It would be very comical to see Humphries try to explain the illegal acts that he pulled that led to his voluntary resignation, and no amount of double speak is going to white wash those criminal actions. If anything, his testimony would just further set the stage for more jail time for him.
As for the depositions, why bother, that information will come out in the Initial Disclosure for the purposes of going to current reporting. Nothing to hide there.
And as for Humphries being thrown under the bus, not likely he can be in the drivers seat at the same time, those statements conflict each other. He should just go to the hospital for the criminally gifted and due some healing time there.
Humphries really ought to appreciate the bringing of more attention to the case. Guaranteed that he will see additional jail time now.
Settlement? Just wishful thinking there, but I can see how many poeple who don't understand the law may arrive at such a conclusion.
The Idaho Corporations site is important, but it is not the sole or final authority on actions within a company. The fact that Humphries himself signed a letter of resignation and PR'd the fact as well should be sufficient. Just because the Idaho site needs to be updated does not change the character of Humphries signed and announced resignation.
And the law case to which a link has been given? We know that the case was in 2010 (some more old history), and that it was dropped due to lack of Humphries ability to pay anything. Why go after the guy who has no money. Would have been a waste of Mel's money. Charlie had a case against Humphries too, if anyone here wants to recall, dropped for the same reason. But the good thing that was brought up about this, and it does have implications for Humphries Bankruptcy case, is why didn't Humphries file a counter suit at the time. Oh yeah, speaking of factoring in, don't forget that was the same time period that the FBI was letting Humphries know that he was in violation of the law and were talking to him about some type of plea bargain. I wonder if Humphries didn't want to air the case with the FBI attached to his hip.
Time for serious business, fun's over with for this morning.
The NIR lawsuit was a large distraction for HLNT, but in terms of expenses and time spent by management. But with the termination of that suit, HLNT's management has been able to focus more on the sales along with its joint venture partner AHSGSM. Oh, pardon me, it should be AHSGS&M. The company has been running many test programs with potential customers, and is slated to do even more yet. The initial pilot programs were with units for which there was no payment, but now, all testing is being done with purchased units. The important thing to note here is that the "freebie" stage of sales development is over.
Now, as to the results that the potential customers are seeing. One word, IMPRESSIVE!!! Testing has been done on diesel engine units that perform different functions, such as the Over The Road (OTR) and the Local Hauling (LH). The LH units have seen significant improvement, even despite the fact that there is often substantial time where the trucks are sitting and idling. The OTR's have come in with even better results. Potential Customers have been very pleased with the results.
The discussions have now turned from "Does it work?" to "What kind of payment terms are available?". A very nice position for HLNT to be in, where those potential customers are working on timelines for the installation of purchased units in their fleets.
This is a great week for owning stock in HLNT!!!
Stretch, I wasn't aware that Delaware was an offshore state. If I was Delaware, I would raise cain with the rest of the country for believing that my state was offshore.
PD, give Jason a break. He didn't make that claim, I did. The reason that claim was made was due to the developments going on within HLNT. And yes, you are right, that projection is still good for September. But you won't have to wait till the end of the month to see it, which will save you and the rest of us some time spent in waiting.
So we should watch this case very closely, should we? Tell me, what do you really think is going to happen with this case? But first, keep in mind that the case brought by Humphries will be dismissed here shortly because he has no standing to file the case. Also keep in mind that Humphries is using Espinoza, whom the Judge in the bankruptcy case has questioned in regards to Espinoza's ability to practice law.
Just for arguments sake, I predict that the Humphries law suit will die a quick death. What do you predict?
Now that the market has closed, very good probability of seeing a gap up on Monday. Everyone have an excellent weekend!!!
The little wall at .017 will disappear quickly in a flash next week. There is only 20 minutes left this week to get the lowest deal on HLNT stock for the remainder of the year.
So, you would like for Mr. Southern to state in writing that there is a J/V in place with the "Dongfeng" of China. What do expect to be accomplished with that written statement?
Not even, HP. Shareholders asked where the news was at that HLNT could release, while others were saying that there was plenty of news to release. TMS was already mentioned in the Settlement PR, and it was dissected here already. This PR was simply to inform those who don't have the luxury of following HLNT, and will help to catch up the general public. This is simply a start.
PD, HLNT has succeeded, and Mel and Charlie will make money for it and its just best to get over it and go on. The shareholders that held tight are sitting in the right place at the right time.
PD, your criticisms not withstanding, HLNT has succeeded!!!
1. Is HLNT engaged in a JV with Dongfeng the Chinese auto maker? Mr. Southern would say "Yes!" to your question without hesitation or any qualifications. Truth is, Dongfeng (your spelling) can't wait for the HOSS to finish the EPA certification process so that they can commence full scale production and sales.
2. Did you participate in forming the offshore company AHS? Mr. Southern would respond that AHS is a Delaware registered LLC. If you wish to spend the $10.00, you can request a statement from the Delaware Corporations Division as to that registration. For $20.00, you can get a more detailed registration printout. Any pretense by you that there is an AHS off shore that is related to HTI or AHSG is totally fictional.
3. Who owns the technology being marketed by AHS? Mr. Southern would say, simply, HTI (stock symbol HLNT).
4. How many shares of HLNT have Mel Robinson and Charles Foster received? Mr. Southern would say that as a part of the J/V, both Mel Robinson and Charles Foster surrendered their preferred stock, which was stated in the press releases for the J/V. As a result of the J/V, HTI has not and will not give either gentlemen any stock of any designation. If Mr. Robinson or Mr. Foster are acquiring shares on the open market like other shareholders, that is their business.
5. How is the Humphries v HLNT lawsuit goin? Mr. Southern would say because it is a case that is ongoing in litigation, he cannot comment of the status of it. However, you are free to review what has been filed on the case that is recorded on the PACER system. It does cost to access the PACER system, however.
6. Explain how HLNT who loses over a million dollars a year is gonna make payments of over a million DOLLARS to PWS in less than a year? Mr. Southern would say that past financial statements that you are referring to do not reflect the current position of HTI. Those financial statements do reflect operating loses, most of which have been related to continuing high legal fees. However, the majority of the cause of those legal fees has now been ended, and will cease to be a burden for HTI. But beyond this, any further information is currently internal to HTI and is not available to the public yet.
7. What are the details of the HLNT / AHS agreement you PR'd? I believe that Mr. Southern would say that the details of the JV will be released as is appropriate with the Initial Disclosure that HTI is preparing to file.
8. Why would HLNT issue additional shares for HOSS and HHHI when those companies no longer exist? Mr. Southern would say that no shares have been issued for companies that are purported to no longer exist.
9. Where is the HLNT PR'd company Dong Feng incorporated? Is it offshore like AHS? Mr. Southern would respond that the company that HTI has a J/V, as referred to in question one of this post, is the major company that is legally registered in and located on mainland China.
10. Is the EPA or ant EPA certified lab testing products for HLNT? Mr. Southern would say that the HOSS is undergoing the final stages of testing by an independant lab, and when the testing is completed, it will be submitted to the EPA for final certification, as has been previously stated in public releases of information. News of this certification will be released at the appropriate time.
Now understand this, this is my speculative answers that I believe the Mr. Southern might make. However, if he were to take the time to respond to you as you are not a qualified shareholder, he would probably be more condescending.
Just curious who bought this scam. No bid, must have been someone shorting, but who would have bought?
Getting Duped was off by less than a week.
Wasn't talking about the legal mumbo jumbo, but your welcome for that too!
With the agreement in principle to a JV, it took six and a half months to (including the initial work on a LOI to bridge to the JV) to work out the details to a mutually satisfactory agreement. It took a month to even reach the point of having an agreement in principle for the Lawsuit Settlement, not to mention the additional 4 weeks time to work out all the details. So it should be no surprise that HLNT was working out the minutia on what we expected to happen following the announcement of the Lawsuit Settlement. Congratulations to those that held on!!!
Mr. Southern has an obligation to HLNT shareholders, and that obligation is spelled out in the Idaho State Corporations laws. Bobinsd was not able to provide independant confirmation about his ownership of HLNT stock as required by Idaho State law, and therefore, Mr. Southern gave Bobinsd the right response. Seems like the opinion is misrepresenting the facts of the issue.
I am glad that the issue of "the Convertable Note conversions weretied to the HLNT/1pwc settlement." has been cleared up because you have alluded to PWC receiving convertible notes as a part of the settlement in your past posts. That happened to another company, not HLNT.
Now, the story has been changed to "Nope those conversions are by others, like insiders". That is purely a fantasy opinion, as there are 1)no convertible notes anymore, and 2)the preferred stock has not been and will not be converted anytime soon. The last two sentences of your first paragraph are nothing but an opinion without any basis in reality.
And as for your claim regarding foreclosure, "Your claim about no FORECLOSURE is also total BS bro. The settlement is part of the FORECLOSURE court case. Accepted by the court as part of that case". If a person takes the time to read the document #184 on the New York SCROLL system, they will see this one phrase "with prejudice". Then, anyone who understands the law would know that that phrase means 'there isn't going to be anymore NIR suit and therefore no more Foreclosure" BS.
If for some obscure reason that HLNT couldn't pay the cash part of the settlement, the most that PWC can do is get a judgement against HLNT and garnish the companies bank account. The fantasy of "Foreclosure" can be opinioned by you as often as you want, but investors who do their due diligence will know that it is nothing more than fantasy opinion.
"100% wrong Sparks." was a misstatement as well. It should have been 100% right.
It was said today that todays trading was "Typical Convertable Note conversion tradin pattern taday."
HLNT has no convertible notes outstanding. The Lawsuit Settlement agreement resulted in PWC taking an "Unsecured, non Convertible" note for the $1,100,000. This note requires only that HLNT make three scheduled cash payments, the last being in March of 2013. The statement that was highlighted above was simply a false statement.
In addition, there was not any chance of a 'Foreclosure' in the NIR Lawsuit, and there no possible way that PWC can go for foreclosure with the settlement that they have agreed to. For all investors, old or new, understand that this is a totally incorrect opinion being offered and it has no basis what so ever in reality.
No Convertible Notes in the Settlement.
Zero possibility of there ever being any Foreclosure.
Interesting burst of activity this morning. Someone wanted to sell off a million shares, not a MM as the pattern did not indicate a MM trying to short this morning, and they usually wait for about 15 to 30 minutes into the day anyway. Whoever it was, could have set their ask at 181 and would have sold all during the day. More like a novice investor.
HLNT/NIR/Ribotsky/Humphries/Walters/PWC Lawsuits Update 08/27/2012:
On Friday, August 24th, HLNT's attorneys, in the latest Humphries case in Texas, filed a motion to dismiss the case by Humphries (see Case # 3:12-cv-02615, U.S. District Court, Northern District of Texas, on the PACER system at www.pacer.gov).
Background:
Humphries filed his latest Bankruptcy Case (attempt #4, # 12-40634 in U.S Bankruptcy Court, Eastern District of Texas) in early March. As part of the filing requirements, the Debtor (Humphries) is supposed to list ongoing and possible litigation cases as part of the assets or debts of the Debtor. These 'actions' (cases) become the possession of the Bankruptcy Trustee, who may litigate or settle them as the Trustee sees fit. In his Filings, he listed no cases involving HLNT, and Humphries swore, under oath, that there were no ongoing cases to which he would or could be a party.
HLNT's filing:
HLNT's attorneys filed the motion to dismiss under the basis that Humphries didn't have any standing due to the assumption by the Bankruptcy Trustee of any matters of litigation involving Humphries. What this means is that Humphries didn't have any right or position from which to file the lawsuit against HLNT. To make matters worse, Humphries lied, under oath, about not having any potential actionable causes, and thusly has committed perjury. Humphries has commiteed perjury before, as late as March, in the New York case, in which he sent a message to the New York Judge in which he stated that he had an automatice stay as a result of his latest bankruptcy filing. He later sent a retraction to the Judge stating that he indeed did not have an automatio stay.
Compounding the Problem:
Prior to this latest Bankruptcy filing (#4), the U.S. District Court (Southern District of Florida) issued a judgement against Humphries for the civil portion of his crime for which he was sentenced in the FBI sting. Humphries failed to disclose this in the latest BK filing, and when the U.S. Attorney found out, they immediately filed for notice of involvement in Humphries BK case. Because of this, the BK Trustee filed an objection to the schedules of Humphries in which he lists his homestead real estate valued at $750,000. According to the law, because of the Federal Judgement, the value of the Homestead cannot be listed at more than approximately $146,450.00 (See Case Document #40). This has also led the Trustee to request permission and employ an attorney for "pursuing the recovery and sale of estate assets, as well as objecting to exemptions.".
Interpretations:
Humphries continues to cause himself more damage. There can be penalties for filing frivolous law suits, and the Texas lawsuit qualifies as frivolous. Instead of the Judges asking Espinoza "Are you sure you are a lawyer?", he better be asking himself if what he was getting paid (Espinoza would not have represented Humphries for free, and Humphries obviously couldn't pay him.) will be worth the sanctions he may receive in court. Expect a lot of finger pointing to be going on between Espinoza and Humphries (and we may even find out who has been paying 'Are you sure you're a lawyer?').
Summary:
Humprhies house of cards is falling down around him at this time. While it may be true the the Trustee's attorneys may be used to defend the estate against HLNT's complaint that was filed in the BK Case #4, the attorneys will no doubt be used to defend the estate against the SEC in any litagation, as well as for dealing with Humphries due to his perjuries, including seeing to the filing of a criminal complaint against Humprhies.
PWC appears to be the only entity that has had the sense to settle with HLNT, for what little they got (HLNT agreed to the settlement, vehemently opposing any further notes or any shares over 15 million [WhatPWC wanted was no doubt a lot more than what they got, and the shares were so they could claim that they got stock from HLNT, but the stock was merely a token gesture, and the entire settlement has become known to be less than $1.35 million, a nuisance settlement for HLNT]) so as mot to spend any more time or money on that part of the suit. It is too late for Humphries, his actions in his own bankruptcy have cemented his future. At this time, Walters partners should be asking him some very pointed questions as to how he is going to get out of this. He has pretty much nailed himself in his own coffin as well, and the case he filed in Texas is not going to save him in any position under the law, as the New York case will cost him much more than the Texas case could ever cost HLNT. He had a chance to come out of this pretty well, but now he has lost both his protection by NIR and his leverage over Ribotsky. Too bad, so sad (Except he could end up getting what he least wanted and most wanted to avoid. He can ask Humprhies about that.)
The cases should all be wrapped up before Christmas. Look for the BK Attorneys to make a deal with HLNT (they don't care about Humphries, nor do they have to!). Maybe Walters can get Espinoza to defend him. What ever the case, expect Walters to go down with his own ship. And of course, expect this claim from our favorite critic: "(he) knew how it would all turn out."
The opinions expressed herein are my own and all investors should perform their own due diligence and make any investment decisions accordingly.
Yes, and like us shareholders, they will be making money off of HLNT also, and PD can't prevent it.
Very interesting. Since you believe that you know the Idaho law, you should be able to say why Humphries resignation is official. After all, you have talked about it before, even stating that Mel was 'appointed' because of it. Now it seems that all that what was said by you then cannot be counted on now, it's just talk from past, more of the smoke and mirrors trying to confuse shareholders on your part? Show us that you really understand the Idaho Corporate law.
It is rather sad that one individual complains about smoke and mirrors, yet consistently creates that smoke and mirrors all the time, Humphries resigned, whether or not it is on the Idaho Corporate filings is immaterial. Good try smokey, not going to do any good at confusing those who do their due diligence.
As the company progresses, it will get the necessary disclosures out and become fully reporting, and the smoke and mirrors will be blown away, not that there won't be more attempts at creating more smoke. But smokey will continue to try distort the truth even when the company is fully reporting.
What he can't stop, Robinson and Foster will still make their gains along with HLNT Shareholders. Remember that!!!
It is a one time sell off. There are no more convertible notes, so don't even go there, as you have no justifiable evidence from the settlement to substantiate that falsehood. Just be happy for HLNT shareholders that they will make good money out of this and accept the truth that Charlie and Mel will do so also. You could too, if you wanted too.
What investors and shareholders should keep in mind is that PWC only has 15 million shares that they can dump. I would like to see a very high volume day, even on the down side, as that will be the indication that PWC has gone through its shares and will no longer be able to impact HLNT. Further, without the sell off by PWC, the MM's will lose the strength in shorting and will no longer have the power to run the stock. The L2 suggests that this downward run has ended and is beginning its run back up.
Yes, there is, and they have reached that limit. We should see the PPS start to stabilize now, and as shareholders realize that, they will return and thats when we see the PPS run back up.
Shareholders have made and will continue to make money, especially now that the Lawsuit is behind us. Charlie and Mel will also make money, as could others if they wanted to invest in HLNT. Hope you don't mind, PD.
No, this is a concentrated MM walkdown. They were waiting for some news about the release of shares to PWC so they could use this for a shorting attack. It was expected. They are also panicking shareholders into selling as well, but it will end today and start rebounding as well. Not sure where the bottom will be yet, but when it hits, it will rebound. In the past, when HLNT had to conduct PIPES, the short interest would attack the stock, but could only run it down so far, and that was based upon 90 to 100 million shares issued. This is only 15 million, so it won't have as much traction. Because it is known that HLNT is able to put out more news, it will rebound almost as quickly as it has fallen. When MM's have to start covering, they will pull their run blocks that they have put in, which is more short sells at the ask, to avoid significant losses. Watch and see.
With the court documents being filed, the judge if she is in chambers should sign off on the agreement today. Just curious, now that Ribotsky got his get out of jail free card, is he shorting HLNT? That has been expected. Will be nice if he is and HLNT catches him on the short side. He needs to give back some of the money he absconded with.
Murrie, good to see another person who understands the valuation process. I used the market standard of 16 times, and with allowance for specualation, I gave the potential at being between .038 and .065. But I did the same for everything else in your calculations.
The importance of the Settlement has been belittled by Market Makers as evidenced in the PPS action. They want to see something substantial from HLNT becuase of the 2nd Qtr Financials. For many companies, the finacials reflect the state of health of those companies. With the speed of the developments going on at HLNT, that is 20/20 hindsight, and is why MM's have been surprised by what has been happening with HLNT. Like the infrastructure that HLNT has been developing, potential clients have been developed as well. Guess what!!!
HLNT has taken the track of releasing PR's after the event has occurred. They followed the financials with the Settlement agreement. While the next financials are not due until mid November, HLNT is not waiting for that. What we have seen from HLNT is the release of PR's at any time of the day, any day of the week, and with the Financials, the release of information on back to back days. What we haven't seen yet is multiple PR's released on the same day. Just watching for it to happen.
Opinions expressed herein are my own. Investors should conduct their own due diligence, analyzing a companies progress for progressive trends, and make their own investment decisions accordingly.
HSG, or AHSG as it bacame known, was the partner that HLNT teamed up with to form the J/V that became AHS. Bill Cunetta is the President/CEO of AHSG.