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Any broker or market maker that knows how to do it. When I was a CFO, what brokers could do was sometimes a topic of discussion. Unfortunately, too many think it is legal as long as they don't get caught. Read the OTC Enforcement on Administrative Proceedings if you want to see what can happen.
Information has time value. When HLNT put out the news about Delta, the PPS should have been valued in the 130 to 180 tick range. But with the coroborating information and new developments from Delta itself, and the due diligence in finding this information, the PPS value should now be in the 150 to 190 range, without the release of news.
This mornings quick drop will not be of much help to those who were looking to get in on the dip, as it was really too quick ofa bounce to allow for much of a buy in, and those who were able to take advantage of it were lucky that this volatility did occur. It is also interesting to see that the person who sold the 2.6 million shares at .0111 may be the same on Etrade trying to buy back in at .0130. That is the problem with emotional trading, it can constantly cause you to make mistakes in the selling of a stock that has been on an upward trend for good reason.
Today is a good example why most investors prefer not to see such volatility in a stock on a day to day, or intraday basis. Some investors who sold got ripped, because they panicked. No doubt, for some, sellers remorse will kick in. Mean no disrespect for Zgoldies, but this is the kind of activity that helps him out. For other investors, this was a nuisance, and it is going to be behind us. The one good thing that can be viewed by this is that this is the same kind of flash we will see in the upward movement when news is released, but the movement will be greater.
The opinions expressed herein are my own, and all investors should do their own due diligence so as to be able to make prudent investment decisions and be able to avoid making mistakes.
Yesterday, I forwarded information on how the MM's were looking at teh predictability of the HLNT in releasing news, and would make their pricing decisions based upon the presence or lack of news at key times within a day. Sometimes predictability is good, for those that depend on it for positive reasons, but not good when it is used against you.
When HLNT does realease its important news, it will cause some severe headaches for the MM's. It will be nice to watch.
Cracity, not even. If you recall about Napoleon, "For want of a nail, a shoe was lost. For want of a shoe, a horse was lost...", HLNT had its lost shoe today, not within HLNT, but within a supporting company. In the Military, there is redundancy to prevent missions from failing, but still there can be the unexpected. What would have happened to DDay, for example, if the weather had not cleared? HLNT was delayed today, but the delay is only temporary. Like I said, I am not the least bit worried about being off by a day, or even two, if it comes down to that, but I truly expect HLNT to be reset for tomorrow and will be waiting for the real run to kick in.
The opinions presented herein are my own and every investor should conduct his or her own due diligence ane make any investment decisions based upon that due diligence.
Neither concerned nor worried if my credibility takes a hit because I am off by a day at this point. My concern is whether or not I was too conservative in where this might go.
Been watching the Marketwire most of the day, and noticed some things that I will forward to HLNT, about MM's and what they do at various times of the day.
Have been raising my bid support orders throughout the day, trying to see if I could get one last good purchase before the big run kicks in. Just envious of Niko and his .0126's.
The post has some interesting issues in it. For starters, take the statement "Hasn’t this “science” been debunked in the past" which is actually phased as a question. NASA proved the science. This 'question' is a generalization, and cannot be applied to each and every instance of the developments in the technology. While many have tried to market their own HHO systems, they have not been provable and have failed. This does not mean that all systems do not work. And as of yet, HLNT's systems have not been proven by the EPA to not work. It is a false conclusion to state that because the EPA has not approved HLNT's systems, it therefore does not work. Although this was acknowledged in post #69769, it wasn't clear in the original post to which this response refers.
Another interesting issue, several of the links provided generate errors, the (http://epa.gov/cleandiesel/verification/) generates the following: "The requested item was not found." It is further explained that the information may have possibly have been moved. Not very helpful, and confusing, coming from the EPA representative. Or how about this link, (http://www.epa.gov/oms/regs/fuels/cff/memo-1a.txt). It generates a page that has the following: "Thanks for the Error Report." While the EPA is a governmental organization and may be changing its links to various parts of the websites it maintains, this is not very good at instilling confidence in our EPA representatives.
Generally, for legal purposes, governmental agencies are not allowed to comment on the progress of any application towards some service provided by the government, except as required by law and where posted in such a place as the Federal Register. It is good to see that Ms Russo has neither confirmed or denied that HLNT has an application or is involved in the process of obtaining registration for the National Clean Diesel Campaign. This statement from Ms. Russo may seem appropo: "I am not familiar with Highline Technology or their "Wildcat" series. From reading over their website, www.highlineinnovations.com/, I'm not entirely sure what their product does. It is unclear if a hydrogen tank is carried onboard the vehicle and the hydrogen gas is injected into the engine. EPA can't be sure if is a fuel additive or an after market device or something else entirely." But even these comments are premature to ascertaining the complete information about the HLNT HHO units.
And this issue, "There are many advertisements about using the energy from your car’s battery to split water molecules into hydrogen and oxygen gas which is then burned with your fuel. EPA has received no credible and complete data showing a positive fuel economy benefit from these devices." This is a statement of a situation at a point in time. The day Ms. Russo's email was generated. Again, it neither confirms or denies that HLNT is in the process of providing such information.
Also, "Installation instructions for some of these devices call for adjustments that EPA would consider to be tampering. The Clean Air Act prohibits tampering with your car’s emissions control system. Tampering violations are punishable by significant fines (EPA, Office of Enforcement www.epa.gov/compliance/resources/policies/civil/caa/mobile/vehicleengine-penalty-policy.pdf (PDF) (33 pp, 1.4M, January 16, 2009). Any instructions that request you adjust the air/fuel ratio on your vehicle, or adjust a knob and listen for the engine to misfire, referred to as feeling vibrations or stuttering, are in violation of the prohibition against tampering." HLNT has no instructions in its installation that fit into this statement, and therefore the emphasis on the word "some". The reference to the penalty policy is an interesting read, and especially the part about "Actual or potential harm." It appears the EPA is concerned about actions that increase the amount of emissions (pollutants) in their enforcement practices, and since HLNT's units reduce emissions, it is not conceivable that that the penalty policy would apply.
The EPA's penalty policy is aimed more at those engines or systems that defeat the emissions controls, resulting in additional harmful emissions, and which provide the violator an economic benefit by over riding the emission controls. HLNT's systems do not override emissions controls, do not tamper with such controls, and actually improve upon emissions.
The information provided in post #69760 provides a warning about EPA enforcement practices, and that invokes due diligence on investigation of the information, but once such due diligence is done, the information is simply filed away.
That is a panicked seller, who is getting ready to feel sellers remorse. When the run truly kicks in, there is a 40 to 50% probability that it can run as high as .05 this week. Regardless of what happens the next two days, or day and a partial day, HLNT will be trading in the area of .05 at times during the month of August before it begins its next run.
Etrade is in trouble if it is gambling on this being the actual run.
Interesting that Etrade put in its typical stunt "ask" for 5000 shares and then the PPS started walking down. Their problem. HLNT has not started its run yet.
Just for those who don't get the significance of what has been happening lately, this is a good perspective.
At one point 6 months ago, the 12.89 million shares traded today would have been the equivalent of about 128.9 million, and 3 months ago, at least 64.5 million, and the last two days have been kind of light on the volume.
Just keep that in mind going into next week. And for those wondering about my opinion about the PPS at the end of the month, ask me again after the close on the 31st.
Have a good weekend, all.
You are correct, EB, it is based upon the closing price the day before the R/S takes effect. If the Ask is the same as the closing price, that is just coincidental.
As to the availability of shares, shares can be traded immediately, if they are based upon new share certificates. Brokers usually get these electronically, but for some reason, like certain banks, Beneficial Shareholders don't gain access to the new shares right away. Seems to be some adminstrative work that has to be done in the converting process. So if you already own shares, you may not be able to sell them right away, which gives a tremendous advantage to MM's and those who buy the shares after the R/S. Would be good if your brokers made the conversions right away, so good luck with that, if you plan to sell. If you intend to hold, then it is irrelevant.
Mug, no, it was not.
Sorry, rdsd, Niko provided a link for me on research that I needed to do. Hope that helps.
Niko, send me a link!
With the release of the news about Delta, HLNT should be valued in the 130 to 180 range now.
When dealing with accounting and finance valuations, all things have a value, but when looking at infrastructure, it is not easy to translate that value into a PPS level.
Before the JV work began, HLNT was like using a bicycle to tow a wagon in order to make deliveries. It worked, but it was too limited and too slow to really achieve what HLNT could do. With the JV and the supporting components that HLNT has added, HLNT is now more like a semi pulling a huge trailer to do the job. The work on the infrastructure doesn't generate revenues, but it makes it possible to leverage the revenues to much higher levels.
While HLNT has more information to release, with what it has released so far, it is severely undervalued. Etrade today looked at the news release and immdiately attacked the PPS. Don't know who the manager is at Etrade that concerns itself with HLNT, but they are not really using any type of valuation method, obviously. Etrade's strategy is purely to create downside volatility for shorting purposes, after PPS upward movements. Etrade hasn't been burned severely enough yet to realize that it is not a good practice to try and manipulate HLNT, but due to their arrogance, they will get burned.
The resistance wall at .0112 will be broken, like other resistance walls along the way. Only 3 months ago, HLNT was still struggling in the .002 to .003 range, and now it is a fully fledged Penny Stock (as opposed to a sub Penny in the past).
After the last run up, HLNT fell back into the sub penny range. With HLNT's next movement, it will not do so, as the company is becomming more and more solidfied each day.
The opinions expressed herein are my own and all investors should conduct their own due diligence in a timely manner and make their own investment decisions as is appropriate.
Stockmagnet, my belief in where the PPS is going remains unchanged since yesterday. I have been watching the L2 and the trading going on, and to me it looks like NITE and ETrade are testing the PPS, since HLNT has not put out any PR as of yet today. The problem that they have is that HLNT runs on its on schedule and may put out a PR at any time. As they are yet to put out one this late during the trading day, that could happen at any time.
By the way, my analysis is not based upon the Charting techniques, it is based upon Value Added by Events. Some events are very easy to value, such as earnings after taxes, but others are not so easy, however, there is still a value to be found in information when it is released, and these releases are occuring. Must say though that I didn't expect the Shareholder's letter, and I didn't even consider that in the process, but it had good information in it.
One thing is for certain. I have not seen any foreclosure granted by any judge. I have seen where the NIR Funds have asked for that as an option, but there has been no decision that could be classified as an approval to foreclosure, so any talk or belief of that issue is a simple fantasy. With the strength of the case that HLNT has against NIR (as managed by PWC), I have not one worry that foreclosure will ever be granted.
Credibility is a very easy thing to maintain when you rely on projects that have been completed. It is too easy.
Hope that Etrade is shorting its backside off today, they will get to repay HLNT shareholders for any losses that they manipulated away from the shareholders.
Had a couple of conversations with HLNT yesterday. They were very, very happy. But the work continues and we will be getting to see that work with more news.
Those who have been hoping that the PPS will fall into the 40's don't live on the same planet. Those who believe that it will retrace to the 70's, that is now a distant memory. What investors get, starting now, is going to be the cheapest that they will see for now on.
As of yesterday, the probability of the PPS hitting .02 by the end of July became 100%, a certainty. The probility of closing at or above .03 will depend on any retrace but that probability has risen to about 96%.
As Assets has suggested, we may see a volume trading day of up to 500 million. Don't know what the probability is, may be as high as 30%, but it is definitely a possibility.
Sorry that I can't provide more details than this, but that is the company's responsibility.
Would have posted this yesterday, but had to dig out a deeply embedded malware from my computer. Great to have a computer that runs really fast.
The opinions expressed herein are my own and all investors should conduct their own due diligence and make their own very important investment decisions at this time.
In regards to the PPS at the end of the month, it has gone to 100% at this time. HLNT has completed the required work for this to happen, and it will be PR'd at any time.
The opinions that are expressed herein are my own and all investors should conduct their own due diligence at this time and make their own investing decisions.
Gettin Duped, the knowledge that I have is covered by an NDA and the details cannot be discussed. However, I can evaluate what effect it can have on the PPS without revealing information that the company will publicize when it is ready.
It did not matter if the PPS closed at 88 or 94 today, because the news that HLNT will be releasing is going to go towards both support and advancement of the company, and subsequently the PPS. This is not like other companies who put out PR's to support the PPS, then using the PPS to help maintain the company by using PIPES to fund the company. For about the last 5 to 6 months, HLNT has been completing projects that are leading to major accomplishments within the company in three different areas of concern. Each area has had advancement that HLNT has not publicly discussed, as they will not release information until after the project or task has been completed.
I have been watching the L2 and the individual sales activity, and if MM's are accumulating Short Sales, then it will be their loss this time. HLNT has already shown that they will release news at various times of the day, any day of the week, which means that MM's cannot rely upon past patterns of PR releases.
Also, the information and concerns that are posted by PD are incorrect and diametrically opposed to most of the real situations, but it is his opinion and his choice to maintain that opinion, just as we all do.
Again, the opinions expressed herein are my own and investors should conduct their own due diligence and carefully make their own investment decisions.
The PPS projection of $.02 by the end of July has increased in probability to 99.99999 percent at this time, and the probability of a PPS reaching and exceeding $.03 has now reached between 75 to 80 % this month.
Events have accelerated for HLNT and are happening very rapidly. Certain of the "about to happen", "soon", and "shortly" have become "nows", and it can be expected that HLNT will be releasing much of the information that it has been holding back on, including at least one major event, in the next 3 weeks or less.
The opinions expressed here in are my own and all investors at this time need to carefully conduct their own due diligence and make their own investments decisions accordingly.
Last I heard, EPGL had converted all of its debt to equity. Haven't seen any evidence of this being done, as there has been no update posting to the Deleware Corporations information as required by law. Wonder what the hang up is? Maybe the payment of a $400k + past due tax bill that Black 8 said didn't exist?
Very good observation, sarcasm aside. This is indeed PWC's first rodeo at this. PWC tears companies apart and sells them off. It's called "liquidation", and that is what they signed on to do with the NIR Funds. PWC doesn't build up companies for long term investment. They are working outside of their technical experiene with the EPGL process and it shows, in their own words "Over the past several days there have been some unexpected delays...".
Yes, Black 8, maybe they do, but I only help legitimate companies. I will say this much, since NIR owes PWC over 1.5 million, and growing, I am pretty certain that if PWC had a chance to do it all over again, they would not have involved them selves with the liquidation of the NIR Funds. Too costly, no return. They are playing EPGL to see if they can pull a Ribostky. If they are successful, EPGL will end up worse off and PWC will get their money that NIR owes them. PWC really needs people to hype this stock, suck in new investors who will be the ultimate bag holders, but PWC don't care, as long as they get their fees somehow.
"So let's be truthful about all the facts." Of course, since there is this underwhelming desire to help new comers, it would be very helpful to differentiate between real facts and opinions disguised as facts.
But since you brought up the subject of the lawsuit, the question was asked by other posters here if HLNT was trying to move assets around in order to protect them.
Currently, I am a witness in a case where the hiding of assets is a real possibility. In the suit, one side is suing another for breach of contract. Should the plaintiff prevail, which is very likely, the plaintiff can go back for six months, from the date of a judgement or award, in reviewing the defendants business to find any shifting of assets to avoid losing them in an adversarial judgement. This six month rule of thumb, under the right conditions, can be extended even futher than the orignal six months.
while I cannot speak to any discussions that HLNT may or may not have had on the issue, I can say that it would not do HLNT any good to try. If they were to in some improbable way lose the lawsuit, the NIR funds (PWC) could require HLNT to reacquire the assets in question. So, any attempt to protect assets in that manner is really moot. The real issue is still the winnng of the suit by HLNT. Don't know how much evidence was received by HLNT in the Depositions and Discovery for Walters and Humphries, but PWC really ought to be negotiating a settlement before a trial starts, cause the longer they wait, the worse things will get for them. When it goes to trial, assuming that HLNT does not come out with a favorable settlement already, HLNT could end up with a subtantial award against NIR and funds, which would mean that all the work that PWC is doing to insure that it gets paid for the fees that it is charging the funds would just end up in paying HLNT for the award.
But there is an interesting side angle to this. PD has made the statement that HLNT was trying to shift assets. Obviously, there is a lack of experience in the law on his part. Ironically, though, the very thing that he has accused HLNT of has been done with the Rotary technology that was owned by that company that PD liked. Seems as how a company in Ohio has become the new owner, somehow, of the rotary engine technology that once belonged to ECMH. So I wonder, where did PD get the idea that HLNT was trying to do something like that. Anyway, if I was PWC, I would be all over that ECMH, and officers and directors, to recover any assets or money involved in the tranaction. As I remember, it was forbidden in the 'convertible notes' (the contract language) that NIR had with the funded companies, for any transfers or sales of assets without the NIR funds being involved and approving of such actions, as NIR wanted to protect its notes.
Very curious, this statement in the referenced article. Don't suppose that PWC found out, the hard way, that before the R/S was accomplished that "full disclosure" was required? Imagine that, having to comply with SEC code and regulations. A person would have thunk that an organization as big as PWC would have been prepared.
"In other Company news, the 10:1 reverse split is on track to take effect shortly. Over the past several days there have been some unexpected delays in the collection and filing of requisite Company documents due to restructuring of the Company. These documents are presently being completed and filed as expeditiously as possible. The restructuring partners are aware that shareholders are interested and anticipating when this reverse split will occur. To that end, the Company will attempt to give shareholders at least 24 hours notice, as soon as it is informed of the exact date."
This will be an enlightening experience for those that don't have any idea what a R/S is really all about. Certainly is an enlightening experience for PWC.
Wonder who is paying the Delaware tax bill so that they can become a legal corporation again?
Many posters here have said that HLNT hasn't been taking care of Shareholders. Their belief in this was based upon an absence of an earth shaking PR about a fleet deal, causing a super run so investors could jump out with a hugh gain.
But Tuesday's PR was about helping shareholders, and while it wasn't the great "blast" that most had been hoping for, it served a big purpose. While it may not be apparent, like the foundation that HLNT has been developing, it will help long term investors.
HLNT's PPS has been climbing in the last few months, based upon the efforts of the company to lay a foundation and make it possible to achieve those higher PPS's. And with each release of information on those efforts, we've seen the PPS rise. But, we have also seen the PPS fall after it has reached higher levels, with "sell offs" after the runs. As a result of this, instead of having sustained growth, HLNT has experienced high volatility, with sharp swings both upwards and downwards. This has been both a 'haven' and 'heaven' for flippers (ask Zgoldies if you want to know for sure) and short interests. While there has been promise of things to come for long term shareholders, it has also been frustrating, which has not been a pleasant situation.
Based upon the short interest activity, shorting has been about 30% to 40% of the daily volume, in the last two months, with occasional peaks of 60% and even rarer valleys of 10%. But what is not known is how much of this short activity is for true liquidity (immediate use for promoting transactions followed within minutes of being covered by the MM's providing that liquidity) and shorting for profit. While that information is tracked with each transaction, it is not made available to the general trading public and is kept closely guarded by MM's as "trade secrets". Longs will often accumulate more shares with a time outlook of months and years when seeking a return. Similar to Longs, Short Intererts will accumulate short sales, but their time outlook is only hours or days. Of course, flippers can make good returns with the stock's PPS rising, and falling, in a highly volatile market.
The key word is volatility. Shorters and flippers make their best returns in a highly volatile market. But such high volatility can kill a stocks PPS, often times causing a stock's price to drop until it hits the cellar (.0001), after which the flippers and shorters lose interest in it. And because of this ability to manipulate the PPS, once occuring, it is hard to break this cycle that hurts so many investors by what was expressed by Michael Douglas in the movie "Wallstreet" as 'greed' that leads to the desire to manipulate the PPS.
So how do you break this cycle? You do it the same way that HLNT did on Tuesday. Etrade has been manipulating this stock heavily over the last couple of months, knowing that HLNT has not done anything to stop them (and a major news announcement would only have a similar case, just greater price swing). They began accumulating short sales on this last Friday when the stock began its run, and more so on Monday as well. On Tuesday, they checked to be sure that no PR had been released, and then confidently began their short run attack, as the PPS fell from an early high of 95 to only 70 in the first 30 minutes of the day, on a volume of less than 2 million shares. Then HLNT released the PR at 10:30 am (one hour after the market opened), and the PPS shot back up to 80, and ran up to 85. Etrade, again on very little volume walked it back down to 78, but shortly after, market interest really kicked in and it ran up to 95. Toward the end of the day, the PPS eventually closed one tick below the prior day close, but not without a lot of effort from Etrade to cap the run and multiple attempts to run it down during that day.
What was the significance of this? HLNT sent a message to market manipulators that from now on, Long Term investors will no longer be the sole bearers of market risk, now short interests will also bear a risk. While some considered Mondays PR to be a 'fluff', it clearly was not, as it was informing investors and potential customers of the foundation and support that HLNT had been developing. Fluff PR's either make promises that have yet to be achieved, or repeat past information with a slightly different twist (PD does this all of the time, you could consider them to be 'fluff criticisms'). While Etrade was able to absorb this PR and the ensuing trading activity, it was with some effort, and they were caught in a very vulnerable position for the day. Yet it didn't have the power of a major announcement either. Had it been a major announcement, it would have severely hurt Etrade with the PPS rising rapidly upwards a lot higher than it did.
So the message is clear, manipulate the stock and you do it at your own extreme risk, especially if you are shorting the stock.
Etrade has been made aware of this, but like most greedy people, will they have a very short term memory, until they really get caught manipulating the stock again?
Some additional things to consider. HLNT has not put out a major announcement just yet, but it could happen at any time. Another thing that HLNT hasn't done, is put out back to back PR's. What do you suppose would happen if in the next short run, HLNT put out another informative PR that Etrade was trying to cap and short selling even more to prevent a run. And then HLNT came out at about the same time with a real major PR? Makes one wonder about the possibilities.
So what HLNT did was supporting long term investors by causing manipulators to become more cautious, as they can no longer rely on some predictable behavior from HLNT. This in turn will help to decrease the the volatility (too bad for flippers, though) and providing a more stable market and the growth that we know is coming.
The opinions expressed herein are my own and investors should conduct their own due diligence and invest accordingly.
HLNT's latest news announcement shows several things. This is another component of the J/V, meaning that HLNT has put together an organization that has the capability to deliver and perform. The timing of the news is important, because this shows MM's who are manipulating the PPS that they can be surprised at anytime with a PR, and that they, the MM's, can get caught in a short squeeze.
Last Friday, I discussed the possible ranges of the PPS based upon certain events. The components of the J/V are harder to value since they don't have a dollar value that easily equates to earings per share. Still, there is a value, because without the foundation for sales, the sales will not occur, at the level that is being anticipated. The Market Valued the announcement of the J/V at around .005, and the value of Launch It brought the PPS to up over .009 (the addition of Launch It put the PPS at around .0090 to .0092), and Launch It provided the Advertising and Marketing outreach that HLNT did not have on its own. With Velociti, the delivery and installation of the HHO units has been solidified, this has allowed the Dealers to concentrate on selling while a team that is trained in the installation process provides the professional support at any point in the U.S.
This announcement continues to show that HLNT is progressing, in an organized manner, and has created a very solid foundation for the sales that we know will be announced. This foundation can be translated into value, again, and HLNT should be valued at around .0130 to .0140 at this time. Very few companies make the transition from a small operation run by a few entreprenuers to a large professional operation capable of seeing huge growth. HLNT has shown that ability by allying itself with the orgainzations that we have seen here.
Again, HLNT is undervalued, but that is mostly due to manipulation, for example, by Etrade, who has today again setup a short run. Etrade has a problem, though, today, in that the news put a twist in their plans, and they must now fight against the upward pressure from additional buying, making it difficult for them to lower the PPS to a level where they can cover their short sales. They need to understand that HLNT has the ability to PR at any time of the day, any day of the week, and that HLNT will not be predictable as to when a PR will occur. It will be better for Etrade to cease the manipulation and go elsewhere, to avoid getting caught in a really severe short squeeze, when HLNT releases its major announcement of a completion sales.
The opinions expressed herein are my own and investors should conduct their own due diigence and make their own investment decisions accordingly.
The J/V agreement itself is complete, now it is being carried out. One component has been made known to us, Launch It. They do a lot more than just create PR's, and we have seen the results of their work. Susan has been getting information into trucking industry magazines and in other places which is a necessary component, Marketing and Advertising. Financing was created with the J/V. We will hear about more components as the HLNT puts out the PR's on them, and now that the week of the Fourth is over, like other companies, expect HLNT to put out information at any time. Things that we will find out about: production, transportation (good to have connections in the trucking industry), customer service.
Rainmaker, thanks for showing the SCROLL update on Walters. That document started the clock for Walters to find a replacementattorney or go pro-bono. He has until the 2nd of August, now.
Kohut, in answer to the second part of your questions, where do I think the PPS will be in one month, 6 months, and 1 year, I have provided links to two useful explanations, Earnings per Share and the Price Earnings Ratio.
EPS: http://www.investopedia.com/terms/e/eps.asp#axzz1zj7uVk3c
P/E: http://www.investopedia.com/terms/p/price-earningsratio.asp#axzz1zj7uVk3c
These two articles are worth reading, including some of the problems with using these two financial tools.
In my years as a CFO, in working with Investment managers, the de facto P/E was considered to be around 16, that is good companies had a Price that was about 16 times the value of its earnings per share. If you look at G.E., they have a P/E of 16.7, which is good for a well established company like G.E.
Because HLNT has had losses for the last couple of years, it is not really possible to calculate the P/E. And like happens with many Pink Companies, any P/E can often be misleading in any case. But we can still learn something from this. Using a market rule of thumb of a P/E of 16, when HLNT was trading at $.0020, if the P/E were to be applied, then the Earnings per Share should have been .000125 and the net revenues would have been $324,875 for one year.
Now, what if HLNT was to make a sale of 1000 Wildcat units and then had $1 Million in earnngs. The EPS would be .000385 and the PPS, based upon a P/E of 16 would be $.00615. And if the company were to sell a total of 10,000 Wildcat units (due to economies of scale) earnings might be in the $12 Million to $15 Million range and the PPS might be in the $.07387 to $.09234 range. Obviously, an announcement of a fleet sale would have a big impact on the PPS.
But what about the law suits, what would happen if HLNT were to get the entire NIR suit dismissed and didn't owe NIR/PWC a thing? Currently, the NIR notes are on the books at around $6 Million, and if HLNT were to lose, the potential would be around $10 Million, included court costs and additional interest. As this would reduce earnings, then a favorable settlement (there is a 98 to 99% probability at this point [the suit can be settled at any time, but there is less than a 10% probability before the end of July, climbing to an 85% probability by the beginning of October] with the completion of the Walters and Humphries depositions) would be viewed as a benefit to earnings, and could impact the PPS by .0369 to .0616 of an increase in the PPS.
Then there is the J/V. As this is an intangible while trying to identify its value to the PPS, there is value none the less. The market has already priced the J/V with the PPS hitting the .005 level after its announcement. So it added .0030 over the .0020 level that HLNT had been trading at back during the Spring Time.
Back at the beginning of March, I had made the prediction that the PPS would reach .005 by the end of March. Unfortunately, the J/V did not fully materialize until May, so my timing was off.
On the 21st of June, based upon visual analysis of multiple trend channels, it looked as though, with no change in the rate of trading (Volume), the PPS would break the .02 level between Wednesday the 27th of June, and Tuesday the 3rd of July. But that prediction was made before the Gap on Monday the 25th, and when Etrade stated manipulating the stock, it killed any possibility of reaching .02 on that run. Trends can help to predict the possibility of where a stock PPS may go, but unfortunately, trends don't guarantee where the PPS is going to go.
The following should help in an analysis of where HLNT can go, in terms of what the PPS can do:
1. The J/V. The market has already priced the value of the JV back in May at around .0050. With todays PPS action, HLNT is now undervalued. This will be important in the next upward movement.
2. The J/V with other components completed. Without any other news, the PPS should be between .015 and .025, as the completion of the other components, which HLNT has alluded to, come on line. We have seen the addition of Launch It, and the PPS rose (although higher than it should because of speculation), because the infrastructure has value that doesn't necessarily show up in revenues, but is necessary for the production of those revenues.
3. The NIR suit Settlement. As was described above, because a highly favorable settlement of the NIR suit decreases the drain on the EPS, this has the ability to affect the PPS, and can cause an increase in the PPS within a range of .0369 to .0616. With the completion of the J/V and ancillary components, and no revenue announcents, the PPS could see a rise into the range of .0519 to .0856. While a settlement can occur at any time, the Stay in the Case while Walters finds a new attorney or goes pro-bono reduced the probability for a July conclusion but rather delays it until August where the probability will jump to 50% around the middle of August.
4. The Walters Texas suit settlement. If the Walters suit is settled before the NIR suit, it would affect the PPS in a range of .002 to .01 (and would reduce the NIR suit impact the same), mostly because of the speculation it would cause as an indicator on how the NIR would turn out. This suit is also 98 to 99% probable to be settled in the favor of HLNT. If the suit is settled after the NIR suit, the effect on the PPS is negligible.
5. Humphries Bankruptcy Complaint. The complaint will have a negligible impact on the PPS, but is still necessary in the outcome of the NIR suit to prevent Humphries from protecting himself from the fraud that was committed prior to the bankruptcy.
6. A 1000 unit fleet deal. As discussed above, this can add about .0061 to the PPS.
7. 10,000 units in multiple fleet deals. Also discussed above, this can add another .07387 to .09234 to the PPS, but would include the effect of the 1000 unit fleet deal.
All of these actions are doable within the next 6 months or by the end of the year, so for the 6 month outlook, the PPS can be in the range of .10 to .15 cents. The Hoss may or may not have a revenue impact by the end of December, and it is to early to predict what it will be. With the Hoss and the HHO sales and revenues, I would hazard a guess that the PPS could hit the .35 to .50 range by this time next year. As for the one month outlook (the End of July), the PPS will probably be in excess of .02, which would include at least the completetion of the JV and components, and some smaller fleet deals.
Kohut, I hope this answers your questions. Remember, while part of this is based upon what I do know, part is also based upon assumptions as to what may happen, and like trend lines, can show what may happen, but does not guarantee what will happen.
Opinions expressed herein are my own, and investors should conduct their own due diligence and make their own investment decisions accordingly.
H P, I take it that you have some personal reason for the time frame you suggest. And I believe that you are asking about a kick A$$ fleet deal. In answer to your question, HLNT has been working on variuos fleet deals as they have stated, but when they will break is not under the control of HLNT. The probability of such a fleet deal or deals is increasing every day, but unfortunately, we just have to wait for the news.
Kohut, PM me your email.
Kohut, those are good questions. First, the downward trend.
The trend actually stated on the day the Stock gapped up (Monday, the 25th), which may be hard to believe because the days closing was higher than the close of the prior Friday. If a person examines enough penny stocks that have run up, you will see this same pattern (if the stock just doesn't fall through the floor first) where the morning opening and afternoon closing are high, but most of the rest of the day is down. It forms a bowl pattern, and this is the purest sign of Market Maker manipulation. So beginning on Monday, the day of the up gap, the MM's, ASCM and E-trade, were already busy at work short selling and setting up the manipulation that we saw last week and even into this week.
But why did it gap up? Many investors were sitting on the fence waiting for some kind of news, wondering what was happening with HLNT, which had been progressively rising over the last couple of months. The news of the JV caused a slight impact, but not a really large one, and the PPS fell back shortly there after. Was the PR about Launch-It able to cause that much of a run on the stock? Not really, because investors sitting on the fence didn't really care about the content of the PR, just that there was a PR. That was a signal that they were waiting for to jump in and try to get a flip on the PPS movement (Even though some investors also bought in for the long term). But some of us who discuss this company on a daily basis wonder if part of this speculation wasn't also due to the Walters' Deposition being done on the same day of the release of the PR, and that there could be the possibility of a quick settlement. Don't know for sure, but it is something that investors would speculate about.
Will this trend continue and if so for how long? It will continue until buying pressure returns, when investors feel confident that E-trade will let off of manipulating the stock price because they will not want to get caught in a short squeeze. Which will be with the next PR. When will that be? Well according to BigFoot, HLNT has no more to PR, and each day he makes that statement and a PR is not released, he is right. But on the day that a PR is released, he will be totally wrong. The best that can be said is that HLNT will put out a PR when they are ready, which may be this week, or next week. Like Jason says, HLNT has a lot to put out. The only reason that they don't is timing issues and the intent to avoid any PR's that can't be fulfilled, for any reason. Chad is and has been a shareholder and knows what it is like to be let down, so he doesn't want HLNT shareholders to have to experience the same, which is why he has been more focused on the building of HLNT rather than issuing P/R's. And a well built company is less subject to a MM manipulating the stock.
But now as to the trend. Last week, the stock tested the .005's level, but held and retraced upwards. E-trade put a lid on on the upward retrace at the .007's (only a coincidence to 007 and nothing more). E-trade has gotten the PPS to touch the .005's again today, at the close, so we can expect them to continue testing this range until the next PR. But it has appeared that buying pressure returns in the mid and lower .005's, so we shall see.
I will post the anwers to the other part of your questions before Thursday.
If you are talking about individual investors, the rate is set by their broker, and is based upon margin requirements.
But you neglected to mention that Market Makers themselves don't have that margin requirement, when they are supposedly 'creating' liquidity for the marketplace.
Intentionally or not, the statement that was made was misleading.
AUTO is now ATDF. No surprise there. But LAMP has only 70 stocks and they are mostly quality stocks. That's a good sign for HLNT.
ETRD, ETMM, ETRF, they are all E-trade who has been manipulating this stock frequently this year. ETRF is the institutional investing arm of E-Trade. They bear watching today to see what kind of B.S. they will pull before the 4th holiday.
Don't forget, the market closes at 1:00 pm Eastern time tomorrow, Tuesday.
There are more twists and turns in that response than an Agatha Christie novel, and both are fictional.
Really, take a remedial course in chemistry. It would help end the confusion you are under.
What purpose does it serve to fill a plastic gallon container with the HHO output for 4 minutes? Since HLNT's HHO unit is on demand, there is no storage of the HHO gas for that long, and subsequently, there is no build up of HHO gas. If you want to see the plastic container blow up, that is fine, but that is not in any way representative of how HLNT's HHO unit works with an Internal Combustion Engine. Now some other so called competitors units may have had this problem, and there was some genius who didn't take into account that his girlfriend wouldn't know how to run his makeshift system he created himself in his own truck. Afterwards, he figured out that he better use safety measures from then on.
And as for the Foreclosure prediction. It is nothing more than a highly speculative opinion that doesn't have a chance of happening. Will be interesting to see what you have to say after the suit is over and HLNT has prevailed. The NIR suit will be heading to trial soon, the Judge will probably set the trial date for sometime in early October or late September, and PWC will wiggle and twist and try to con HLNT into some kind of ridiculous settlement during that time. After all, they don't care, it's not their money that they are playing with, it is the money of the NIR investors. PWC will demand to be paid by the NIR investors even after the case is lost.
But if you want to, you are free to keep hyping your opinion. Like other wrong predictions, it can be expected that some other negative issue will be hyped in future posts.
Au contrair, Mr. PD. The plumber has come a long way from the person who became the CEO two years ago.
Chad has a degree in business, as well as being a plumber. And plumbing is a misunderstood field, as it involves the use of engineeering as well. So much so that it requires several years as a Journeyman apprentice in order to learn it all. Becoming a Master Plumber is no small task. Not as simple as building surfboards. While Chad did not have the benefit of having been a CEO before, unlike some who continuously post the same information over and over, Chad has learned a great deal in two years and through that learning is bringing HLNT along rather nicely.
Some amusing posting. MAP and MAF. Manifold Absolute Pressure sensor and Mass Air Flow sensor. The MAP is a sensor that sends an electric signal to the ECU about the air density, which helps the ECU adjust the fuel flow. The MAP was an addition that solved a problem for automanufacturers for diffences in elevation. A vehicle designed to operate well at sea level performed poorly at higher elevations, such as in Colorado and California, and those suited for high elevations did poorly at sea level, until the MAP was introduced (this applies to fuel injected engines, predominantly). The MAF provides a similar signal to an ECU, to allow the ECU to adjust fuel flow rate based upon air density, temperature and pressure. Because they perform the same function, essentially, "a typical configuration employs one or the other, but seldom both" (Wikipedia). Since you stated that HLNT's HHO unit is producing probably less than a half of liter per minute, and it was also stated that an engine uses far more liters per minute of air, then obviously, HLNT's unit doesn't significantly affect the MAP or MAF sensors, neither of which measures the ratio of the gases in the air. Doesn't appear to be any kind of an EPA red flag there.
What's even more amusing is the criticism of Chad's knowledge of chemistry. While it is true that Hydrogen can react with Carbon in a simlar respect as Oxygen, Chad has learned more since that statement, a good quality in a CEO. But what about this statement? Post 65260, "The high producing hho electrolysis units available on the net produce about 2 liters of hho gas per min. 2 thirds of which is hydrogen gas and 1 third oxygen." Speaking of needing chemistry lessons, if the statement had been about mols, then it would have been correct, as it would be two mols of Hydrogen and one Mol of Oxygen. And if you look at the masses of the elements, 2 Mols of Hydrogen is about one quarter of a Mol of Oxygen. But the statement is actually referring to liters, so in that context, 2 mols of hydrogen take up less volume than one mol of Oxygen, and the statement that was made was false. That is why chemists went to the use of Mols, so that they could better understand what is happening in chemical reactions, without the confusion of mass or volume. "First it would be wise for this dude to study a bit of chemestry prior to puttin his foot in his mouth." Good advice, it should be worth the effort to try it.
And flashbacks? In older vehicles that utilized carburetors, and earlier fuel injection systems that pulsed fuel to all cylinder instead of individual ones, flashbacks (backfires) were a problem. In more modern engines with indivually operating pulse injectors, with the injector port next to the intake valve and only pulsing for the intake cycle, the flashback is limited to the chamber around the valve and injector. What people observe is the sound of the pressure wave generated in the cylinder head around the valve. In order for the HHO gas to backfire through the intake manifold, the ratio of the HHO gas to the air that is being drawn in has to be sufficient to ignite in the presence of a spark or hot spot. Ahh, but let's review these statements by you: "Remember that the HLNT hho unit is a low producing, low amp draw device. Expect about 1/2 liter of hho production per min. Virtually nothing in the A/F ratio change from stock."; and "An IC engine sucks in hundreds of times that amount of air in a minute." Seems to me that Chad is right, half a liter as opposed to hundreds of liters is definitely less than half of a percent, at least based upon your own statements. As far as this affecting the O2 sensor, the sensor detects less oxygen in the exhaust, so the ECU reduces the amount of the fuel in the A/F until the O2 sensor detects sufficient oxygen to cuase the catalytic converter to finish burning off the unburned fuel. Don't see any tampering here as the 'stock settings' allow for this type of adjustment by the ECU. No EPA red flags that I can see.
And thanks for the discussion topics, it helped to provide a reference to those who want to understand how this really works.
You are correct, Raven Dave. As it was posted prior to the other message being removed, after the removal, it took on a different meaning. But for clarification, HLNT will not be foreclosed upon. The evidence that was presented in the Counter Claims and 3rd Party Action showed that HLNT was clearly correct to fight the NIR suit. Currently, Ribotsky is fighting severe legal issues in the SEC civil complaint, and many watching the proceedings are simply waiting for the other shoe to fall, Ribotsky receiving an indictment for criminal wrong doing, actions that he forced upon many of the companies that he funded.
The Judge in the New York case required the pleadings before HLNT was able to get discovery and depositions from Walters and Humphries, so when the Judge made her ruling on the issues of fraud by NIR (ribotsky), Walters and Humphries, HLNT did not have all the evidence it needed to properly specify the involvement of each. So the Judge ruled against the issues of fraud. HLNT appealed the decision, and rightfully so, as with the completion of the depositions, HLNT can now make the specifications as to who, what and when.
While Walters got his delay (stay for 30 days), the Judge made sure that the depositions would be completed prior to the delay going into effect. Now, HLNT's attorneys will be preparing for next set of actions in all the different cases, Humphries Bankruptcy, Walters Texas Case, and the NIR suit in New York. PWC made a strategic error by not really pursuing a settlement prior to the Depositions and the discovery. But as PWC will not be directly responsible for the damage claims that HLNT will make, the NIR investors are going to take the brunt of it. Any collections that PWC makes will end up going to HLNT, so unless PWC can make millions from those collections off the other notes, for example, EMCH (PD's old favorite), PWC is not going to be able to recover their expenses for the work done for NIR. While PD makes the claim that HLNT is being foreclosed upon, that claim is false. NIR did ask the court for foreclosure, but the court has not made any foreclosure decision in favor of NIR, and will not, based upon the evidence. Asking for foreclosure and getting foreclosure approved by the court are two different things, and PD doesn't understand the difference.
The NIR suit, from its beginning, has been a dark cloud over HLNT and its ability to accomplish tasks and meet stated goals. Ribotsky filed his suit thinking that he could forcefully make HLNT roll over and submit to his control. But he found out the hard way that it wasn't going to happen. Now, with the testimony of Walters and Humphries, that dark cloud is beginning to break up and go away, and with it, the strain that it has caused on HLNT. With the 2nd quarter financials, investors will see that HLNT has been receiving support which has been coming from the JV partner, and will see a much better revenue picture than the first quarter (where HLNT was devoting its time to the efforts of setting the foundation that the JV helped to create). The attempts of NIR, Walters (and subsequently, PWC), and various posters, to run HLNT into the ground have failed.
The opinions expressed herein are my own and each investor should ocnduct his or her own due diligence and make his or her own investment decisions accordingly.
Yep, ETRF started its short run right around 1:00 market time. It gives them time to run it down (if they can) and still cover most of the shorts by the end of the day. Going to be an interesting next 2 hours.