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Sonyboy~~I guess you missed it. The judge already cleared Doug's name. As far as Jiggy goes, if you are dumb enough to play in traffic, then don't complain when you get his by a DC-Mobile.
Jiggy exercised his freedom of speech and Doug introduced Jiggy to due process. Have you ever thought that Jiggy out to pay Doug for the education Doug gave him? lol
Wineguy jim~~Now there's an idea whose time has come.!
ProfitScout~~Thank you for making that cogent point.
Sonyboy~~Concerning your statement, "And it seems to me that the jury who heard the case was probably not impressed with Doug's "trustworthiness" because they wanted to award the Raos more than they had asked for. It looks like the jury thought Doug's behavior was particularly egregious."
I would say that the Judge disagreed with you last Thursday.
Excerpt from last Thursday's decision regarding the Rao Case:
"The evidence put forth by the plaintiffs is not enough to justify a punitive damages award. First, the fact that HQ was in the process of purchasing IntelliServices negates allegations of malice or reckless disregard as to the press releases and the Form 10 KSB/A. After all, the defendants did sign agreements with Dr. Hemanth Rao, Prithvi Rao, and Mohan Korrapati to purchase IntelliServices. The argument about finding liability on the common law and securities fraud claims cannot be considered by the Court since the jury found the plaintiffs proved no damages and the Court awarded judgment to the defendants on those claims."
"The Court declines to reinstate the award of punitive damages because the evidence at trial was insufficient to sustain an award of punitive damages under Virginia law."
"III. CONCLUSION
Because the evidence at trial did not justify an award of punitive damages, or a reasonable jury could not have returned an
award of punitive damages, it is hereby ORDERED that the Court will not reinstate the punitive damages award."
Prinz~~Call him back until he does. eom
Prinz~~Why don't you send and E-mail to Doug?
Regarding Aug 23, 2005 Press Release:
The most recent SNDH press release is very significant.
The three keys to understanding this significance are:
"The amount of revenue will depend upon the success of the system..."
"Austrian customer has just tripled its trading level..."
"The customer is now trading $1.4 million with the software..."
"...the contract entitles Standard Holdings to a percentage of trading profits."
SNDH will be paid a percentage of the profits. It can easily be seen how this translates into a significant increasing annual earnings.
It will be interesting to see the first Quarter's results.
ProfitScout~~All true! eom
Excerpts from last Thursday's decision regarding the Rao Case.
"The Court declines to reinstate the award of punitive
damages because the evidence at trial was insufficient to sustain
an award of punitive damages under Virginia law."
"III. CONCLUSION
Because the evidence at trial did not justify an award of
punitive damages, or a reasonable jury could not have returned an
award of punitive damages, it is hereby
ORDERED that the Court will not reinstate the punitive
damages award."
Doug's Reply to Connors:
IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF OHIO
EASTERN DIVISION
Law Office of James P. Connors, : Case No. 2:05-cv-462
Plaintiff, : Judge Marbley
v. : Magistrate Judge King
Douglas Alan Cohn, et al., :
Defendants. :
REPLY OF DEFENDANTS DOUGLAS ALAN COHN AND KATHRYN J. COHN
TO PLAINTIFF’S MEMORANDUM CONTRA AND SUPPLEMENTAL
MEMORANDUM CONTRA MOTION FOR PROTECTIVE ORDER
Plaintiff’s Memorandum Contra and Supplemental Memorandum Contra to
Defendants Douglas Cohn and Kathryn Cohn’s Motion for Protective Order contain
deliberate misrepresentations designed to injure and harass Defendants and that do
nothing to justify Plaintiff’s irrelevant and overly broad Discovery Requests. For
example, Plaintiff claims that Douglas Cohn recently transferred his house to Kathryn
Cohn. Douglas Cohn did not transfer his house to Kathryn Cohn. Douglas Cohn
transferred the house from Douglas Cohn personally to Douglas Cohn and Kathryn Cohn
as tenants in common with a right of survivorship. Further, the transfer was made as part
of a land sale that was initiated four years ago that was finally approved by Fairfax
County during the Spring of 2005. The transfer had absolutely nothing to do with
Plaintiff or his theories of fraudulent transfer, and the transfer occurred before Plaintiff
filed suit or threatened to do so.
Plaintiff claimed in his Supplemental Memorandum Contra: “At the recent trial of
Rao v. H-Quotient and Cohn, Mr. Cohn testified extensively regarding numerous
Case 2:05-cv-00462-ALM-NMK Document 28 Filed 08/24/2005 Page 1 of 5
2
payments and asset transfers made to his wife and children from H-Quotient accounts and
assets during his tenure as CEO and President of the company.” In fact, it was established
at trial that Douglas Cohn and his family received very little from the company, and there
were no transfers of assets. Plaintiff was lead counsel at the trial and he is
misrepresenting the facts. Plaintiff continued: “The Cohns are literally transferring both
personal and company assets as this is being written.” This is false.
Plaintiff claimed: “Kathryn Cohn in her capacity as an agent and employee for her
husband and H-Quotient has actively transacted business in Ohio, has contracted to
supply goods and services in Ohio, and has caused tortious injury in Ohio to the plaintiff
by acts or omissions to act outside Ohio knowing that her actions would result in injury to
an Ohio resident, the plaintiff.” Plaintiff knows this to be false.
Plaintiff maintains that H-Quotient and Standard Holdings are the alter egos of
Douglas Cohn and Kathryn Cohn. This allegation lacks merit. Kathryn Cohn is neither
an officer nor an employee of H-Quotient or Standard Holdings. H-Quotient has more
than 25 employees and several contractors. Standard Holdings has people in Germany,
Lebanon and the United States. Further, both companies are publicly traded and have
numerous shareholders. Plaintiff claims that H-Quotient operates out of Douglas Cohn’s
house. Whereas – like most businesspersons – Douglas Cohn has an office at his house,
H-Quotient has offices in Virginia, Ontario, and Houston. Standard Holdings has offices
in Los Angeles, Berlin, and Beirut. Plaintiff also maintains that Standard Holdings is not
a viable ongoing entity. Just last week Standard Holdings announced a contract in Graz,
Austria. Plaintiff knows this, but practices selective disclosure to this Court.
Case 2:05-cv-00462-ALM-NMK Document 28 Filed 08/24/2005 Page 2 of 5
3
Plaintiff claims that the Discovery Requests are relevant to the extent that
Defendants are engaged in a conspiracy to defraud Plaintiff. Plaintiff also argues that
such conspiracy would serve as a basis for personal jurisdiction over Kathryn Cohn and
Standard Holdings. First, Plaintiff misstates that law. As discussed in Defendants’
Motion to Dismiss/Transfer and Reply Brief, there is no basis for personal jurisdiction
over Kathryn Cohn and Standard Holdings.1 Second, Plaintiff does not assert a
conspiracy claim in his Complaint. Thus, it is disingenuous for him to argue about
conspiracies in his discovery motions. Plaintiff goes so far as to accuse Kathryn Cohn of
securities fraud. However, Kathryn Cohn cannot be liable for securities fraud because
she is neither an officer nor a director of either company, she did not issue stock to
anyone and she does not own any stock.
Plaintiff claims that Defendants violated a settlement agreement, when in fact it
was Plaintiff who did so. Martin Nathan, an attorney in Houston, Texas, negotiated the
settlement and will testify that Plaintiff violated it after receiving more than $45,000.
Further, Plaintiff falsely claims that he received no money from Defendants. In fact, he
received more than $38,000 in addition to the $45,000.
Plaintiff is attempting to bully his former client through defamatory, malicious,
and false statements that he knows will be used to undermine the value of H-Quotient,
Inc. and Standard Holdings Group Ltd.’s stock.
For some reason, Plaintiff’s Memorandum Contra also address personal
jurisdiction. That topic has already been fully briefed by the parties. In any event,
1 In fact, Plaintiff’s argument that the Discovery Requests are relevant to the issue of
personal jurisdiction over Kathryn Cohn and Standard Holdings is actually an admission
by Plaintiff that he has not demonstrated personal jurisdiction over Kathryn Cohn and
Standard Holdings, and therefore, they must be dismissed from this action.
Case 2:05-cv-00462-ALM-NMK Document 28 Filed 08/24/2005 Page 3 of 5
4
Plaintiff mistakenly states that Defendants’ Motion to Dismiss/Transfer concerns only
two Defendants. Although Defendants’ personal jurisdiction argument is limited to
Kathryn Cohn and Standard Holdings, Defendants argue that venue is improper as to all
Defendants or, in the alternative, this case should be transferred to the Eastern District of
Virginia in the interests of convenience and fairness.
The cases cited by Plaintiff in his Memorandum Contra are inapposite to the case
at bar. For example, in In re The Gibson Group, 158 B.R. 101 (S.D. Ohio 1993), the
plaintiff moved for a protective order limiting the topics of inquiry at a deposition of a
non-party. That case had nothing to do with alleged fraudulent transfers by a defendant
or 30 requests for production of documents seeking all documents from two persons and
their children for a 10-year period.
Plaintiff states “defendants . . . have a proven record of dilatory conduct in
discovery” and “the defendants’ intransigent positions with respect to discovery are well
known to this court and should not be condoned.” First, these comments are gratuitous
and unprofessional. Second, these comments are patently untrue. If Plaintiff is referring
to the case of Ohio Hospital Assn. v. H-Quotient, Inc., Case No. 01CV1245, it must be
noted that Plaintiff represented Defendants in that lawsuit and is, himself, at least in part,
responsible for any discovery issues in that case.
In the end, there is no basis for Plaintiff’s irrelevant, overly broad and unduly
burdensome Discovery Requests. Assuming arguendo that the Discovery Requests
seek relevant information, there are much less intrusive methods of obtaining the relevant
information. Plaintiff has made no effort whatsoever to limit the breadth of the
Discovery Requests or the relevant periods of time.
Case 2:05-cv-00462-ALM-NMK Document 28 Filed 08/24/2005 Page 4 of 5
5
WHEREFORE, Defendants, Douglas Alan Cohn and Kathryn J. Cohn move this
Honorable Court to issue a protective order quashing the Discovery Requests.
Respectfully submitted,
WILES, BOYLE, BURKHOLDER
& BRINGARDNER CO., L.P.A.
s/ Michael L. Close
Michael L. Close (0008586)
Mark C. Melko (0069396)
300 Spruce Street
Floor One
Columbus, Ohio 43215-1173
(614) 221-5216
FAX: (614) 221-4541
Attorneys for Defendants
CERTIFICATE OF SERVICE
I hereby certify that the foregoing document was filed electronically on August
24, 2005. Notice of this filing will be sent by operation of the Court’s electronic filing
system. Parties may access this filing through the Court’s system.
s/ Michael L. Close
Michael L. Close
Case 2:05-cv-00462-ALM-NMK Document 28 Filed 08/24/2005 Page 5 of 5
The plain facts are:
To All: IMO, First I need to get a couple of terms defined for the purpose of this post.
Term # 1 - "Primary Plaintiffs" = Dr. Rao
Term # 2 - "Remaining Plaintiffs" = All other plaintiffs except for Dr. Rao
385 K is currently owed to H-Quotient by Dr Rao.
359K is may be owed to the Remaining Plaintiffs by H-Quotient. Motions and appeals can still be made concerning this award.
The difference between the 385K that H-Quotient has been awarded and the 359K that Remaining Plaintiffs may be awarded is 26K in favor of H-Quotient.
There is an additional 400K up for grabs in punitive damages by the Remaining Plaintiffs, however IMO, if H-Quotient prevails against Dr Rao concerning the 359K, then the opportunity for the Remaining Plaintiffs to be awarded any damages then disappears.
July 29th is the hearing date and a decision will come sometime after this date.
IMO, I liken this to a hurricane that is now dwindling down to light shower.
IMO, No matter which way this goes, H-Quotient will not suffer any significant material injury.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
This is a combination of several great posts, posted on the IHUB board.
Sonyboy: Well, I've got to give you credit. You're good at what you do. And what is it you do again? Hmmmmm. Spend countless hours researching, compiling, posting. Warning unsuspecting shareholders. A friend of the little man. Do you help little old ladies across the street and help your neighbors take the garbage out too? What a fine man. But, there's a difference between you and me. Whenever I've sold a stock, I've moved on. I didn't post on the stock any more...that is unless I was short. Then the compulsion to share all my bad feelings were just too overwhelming. And, I imagine, the compulsion becomes a mind deafening roar the bigger the short position. I suppose I'd post 24/7 if the short position was big enough. My own research suggests that you're position is truly big enough. And, you've done well for yourself and your bosses. Started shorting back in April of 2004...I think April 7th probably. That was the day the stock crashed. Interesting that was the day the Rao suit was filed. But no else knew about that but you. Hqnt wasn't notified till ten days later. You didn't trade on insider information did you? So now we play chicken. You're going to try and drive the price to zero. Let's see who covers first.
On your points:
1) Have you spoken to Jack Anderson? Has anyone you know talked to him? No. He's on his deathbed. Doug and Jack were friends for 18 years and partners for 5. Jack's family hasn't allowed anyone to contact him. There's no proof he even said it. Or, if so, what the context was. So, this point is irrelevant. But, it makes such good copy to keep bringing it up, doesn't it?
2) The answer to point #2 is simple. We've never had our day in court. Attorneys messed things up initially and there has never been another hearing date given. But, you knew that already.
3) Interesting viewpoint. The Jury gives a bigger award and you assume it's because they felt Doug was..how did you put it..."Such a sleazeball"...sounds like a dispassionate statement. You can't prove that...but it makes a great headline huh? Yes, you're good at what you do.
4) The trade credits exist. They from to a company called Oncorp (sp?). The 10,000 sq ft building may have fallen through. So what?
5) Speaking of trade credits, you made a little freudian slip there Timothy...you mentioned that no one have been able to refute YOU'RE evidence. You must mean the "Evidence" you posted on Our-street. Say, how is the lawsuit with the SEC, HQnt, the company in Colorado and the company in Illinois going? Wow, 4 major lawsuits with lawyers representing you in 4 different venues. That must get expensive, huh? Tough on a guy unemployed in Slovenia. Say, who's paying those legal bills again?
6) Yes, in April and May the financials were promised. That was just before the Rao suit was filed. And you know how agressive the Rao's attorneys were. Forensic auditors. Papering Hqnt to death with discovery questions. Dominating Hqnt management and it's auditors with request after request. Given the acquisition of Stewart and Shaw and the excessive burden of discovery heaped upon hqnt, it's not at all surprising that the financials have been delayed.
And, btw, my boss would understand the delays under the circumstances.
7) Musky Don praised the software which proved to be flawed. Hqnt's own tech guy had to fix it to the tune of about $385,000. Ok, so we didn't use Musky Don to help fix the software. He may have lost money in hqnt. So, no one else can invest here now?
8) James Connors was paid about $83,000 in legal fees for representing hqnt. Now he wants more. It's not going to be settled on the internet and you know it. They'll just have to work that out. What does that have to do with anything? Oh yeah, I forgot...makes a good headline. Keeps up the selling pressure. BTW, I heard Doug doesn't drink. Can we come up with something juicy on that? Like, he a recovering alcoholic? Hmmmm, wanted for public drunkeness in Utah? Work on it, I know you'll come up with a good one.
9) Doug IS a nationally syndicated writer. His works still appear in various respected journals. And he does respect the first amendment...just not yelling fire in a movie theater. That is criminal behavoir. There's a difference. But, you know that already.
10) Hqnt bought Intelliservices. They bought the stock from the Intel. shareholders under a contract that they warranted the disclosures to be true and accurate. The $385,000 judgement against Rao proves he made false statements. When the problems with the software came to light, giving it back was an option which was considered. But, who says they had any money left or that they wanted it back? They'd just passed off a bill of goods. They were happy. Cohn went about fixing the software at considerable time and expense. They would have benefitted by Hqnt ultimate success...but they wanted $12 MM instead. Hey, it's a free country, you can sue anybody for any amount. And, btw, thanks for the free legal advice about how Cohn should have handled this. I'm sure he or his attorneys never thought about the course you recommended...damn! Well, if you'll give us your name and phone number we'll be sure to call you first next time.
So, all you shorts out there, get ready for a punishing blow when the financial statements finally reveal what good things have been happening way, way off radar.
_____________________________
There is only one reason that these posters have posted 24/7 since april 2004, and that is to drive the price of the stock down, period. Any reasonable person can see that. There is a massive short position. They will need to cover soon.
___________________________
Sec10: Now who's being naive? Quoting you: legitimate companies don't have things happening off the radar. That's the mark of a scam. Legitimate companies disclose.
Oh really? When IBM is exploring buying a company do they disclose? When companies are in talks to merge, sell, buy, invest, expand, develop...do they disclose? Sure, when it is in the shareholders interests to do so and not before.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
HQNT/SNDH is still an upside explosive situation! (update)
______________________________________
Marc Nathan is going to be the head of a subsidiary
On June 8th H-Quotient reported that it is creating a subsidiary that will include all of the Company's software products: PyysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan. Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. Bulldog Financial is a large shareholder in HQNT.
Please read the complete news release at the end of this writing.
_______________________________________
H-Quotient is selling at a 2 year low; is extremely undervalued; selling for less than .40 a share; has less then 40 million shares outstanding; has an Earning Per Share of at least .13 for 2003 (and likely more for 2004); is debt free; is ever expanding; is a profitable company; pays dividends nearly every quarter; and the CEO takes no salary. The CEO not only takes no salary, but is also the largest single shareholder. The CEO Douglas A. Cohn has sold NONE of his shares even when the price was over $2. Doug will be the greatest beneficiary by getting the stock price back up where it belongs.
________________________________
Other indicators of a looming increase in PPS: There is the 24/7 non-stop bashing efforts on the public message boards. The content of the bashers' posts is only noise and misinformation but the fact that they are afraid to leave HQNT unbashed for even a single day (or a single hour on most days) demonstrates how much the shorts still fear another strong run-up as happened last year. And now they have SNDH to worry about too. If HQNT was as bad off as they try to pretend, they would never expend as much time and energy as they do trying to chase investors away from it.
_________________________________
Regarding Questionable PRs and Financials
PR disclaimers are just that, disclaimers! All PRs include the following disclaimer for a good reason!
"This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Bashers have tried to make a lot of hay out of some HQNT PRs that in retrospect have been less than accurate, when in fact they are making much to do about nothing. However, I don't believe that Doug lied about anything or knowingly made any misstatements. I believe that the one absolute is that everything Doug does is for the benefit of the stockholders, a fact that I believe will become apparent as events unfold.
I believe that the questionable PRs truthfully reflected management's current views and assumptions at the time the PRs were written. I'm convinced that Management's views and certain assumptions, that were believed to be true when the PRs were released, changed after the PR was released. I believe that it was subsequent to the release of the questionable PRs, and in the course of conducting normal legitimate business, that Management decisions were made for the good of the shareholder and the Company that caused the problem with the PR's. Some of these decisions retroactively altered the accuracy of the already released PR's. It is only in hind sight that it became apparent that some PRs misstated the situation.
Business is a fluid thing, sometimes changing minute to minute. I'm sure that Doug believed that every thing he said was true when he said it. I also believe that the welfare of the Company made it necessary for Management to make decisions which created results that differed materially from the assumptions that were anticipated when the PRs were released.
This is why there is a disclaimer on all PRs. It is to protect the Company and the shareholder. The declaimer protects the Company from legal action when honest misstatements are made in PRs and it protects the shareholder by letting the shareholder know that the information contained in the PR isn't chiseled in stone.
I see no credible indication of deception or pattern of criminality here. What I see is Management conducting normal business.
_____________________________________
Anyone can view fully audited reports for 1999 thru 2002 by visiting the Investor Relation section on the HQNT Company website. We all hope to see all overdue profitable financials in the near future.
___________________________________
I think that the HQNT/SNDH shorts have a big Margin Call in there near future.
___________________________________
LINKS:
Link to HQNT: http://www.hquotient.com/
Link to SNDH: http://www.standardholdingsgroup.com/default.html
Link to Web Pack International: http://www.web-pack.com/
Links for Information on short selling and naked short selling:
http://www.investorshub.com/boards/board.asp?board_id=3319
http://www.suite101.com/discussion.cfm/investing/106539/14-23
Links to Earnings:
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660
_______________________________________
H-Quotient Announces Software Subsidiary and Management
Wednesday, June 08, 2005 08:58 ET
VIENNA, VA, Jun 08, 2005 (MARKET WIRE via COMTEX) --H-Quotient, Inc. (OTC: HQNT) announced that it is creating a subsidiary that will include all of the Company's software products: PhysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan, and its offices will be in Houston, Texas.
These structural and management changes are expected to provide an important focus on the software products and the necessary energy to drive that business to the next level.
Thomas Hewitt will continue as Chief of Technology for the new company from his offices in Charlotte, N.C. He has a degree in computer science and 22 years experience in technology systems that include the development of advanced medical software systems, an automated securities system, and a fixed income securities trading system. He also serves as a vice president and the derivative trading system architect at a major bank.
Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. He was a judge at the 2005 Rice University Business Plan Competition, a speaker at the Software Technology Conference SXSW Interactive, and a contributing columnist to O'Reilly's MAKE Magazine. Nathan is a member of Rice University Technology and Entrepreneurs Alliance, Houston Angel Network, Houston Technology Center, Texchange, and Houston Inventors Association. He is a graduate of the University of Texas.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
For more information visit the H-Quotient Web site at www.hquotient.com.
Contact:
H-Quotient, Inc.
Ashley Bell
703-752-0690
Marc Nathan
713-960-9900
SOURCE: H-Quotient, Inc.
Copyright 2005 Market Wire, All rights reserved.
______________________________________
Earnings Business Wire, Oct 18, 2004
VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.
Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.
http://www.findarticles.com/p/search?qt=hqnt&tb=art&qf=free
ramjet~~I would certainly agree with you that a measure of faith certainly helps me to hold on to my position.
ramjet~~I think that you are exactly right. Did he give you any sense of what time line he might be on?
Deserteric~~I'm not upset with you. I just thought that you might know something that I didn't.
Deserteric~~How does going "Private" get DC out from under any better than moving assets to SNDH and how would going private help the shareholders, of which DC is Chief?
What factual basis do you have for thinking that DC is going to take this Company Private?
Deserteric~~Why do you think DC will take the Company private?
The plain facts are:
To All: IMO, First I need to get a couple of terms defined for the purpose of this post.
Term # 1 - "Primary Plaintiffs" = Dr. Rao
Term # 2 - "Remaining Plaintiffs" = All other plaintiffs except for Dr. Rao
385 K is currently owed to H-Quotient by Dr Rao.
359K is may be owed to the Remaining Plaintiffs by H-Quotient. Motions and appeals can still be made concerning this award.
The difference between the 385K that H-Quotient has been awarded and the 359K that Remaining Plaintiffs may be awarded is 26K in favor of H-Quotient.
There is an additional 400K up for grabs in punitive damages by the Remaining Plaintiffs, however IMO, if H-Quotient prevails against Dr Rao concerning the 359K, then the opportunity for the Remaining Plaintiffs to be awarded any damages then disappears.
July 29th is the hearing date and a decision will come sometime after this date.
IMO, I liken this to a hurricane that is now dwindling down to light shower.
IMO, No matter which way this goes, H-Quotient will not suffer any significant material injury.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
This is a combination of several great posts, posted on the IHUB board.
Sonyboy: Well, I've got to give you credit. You're good at what you do. And what is it you do again? Hmmmmm. Spend countless hours researching, compiling, posting. Warning unsuspecting shareholders. A friend of the little man. Do you help little old ladies across the street and help your neighbors take the garbage out too? What a fine man. But, there's a difference between you and me. Whenever I've sold a stock, I've moved on. I didn't post on the stock any more...that is unless I was short. Then the compulsion to share all my bad feelings were just too overwhelming. And, I imagine, the compulsion becomes a mind deafening roar the bigger the short position. I suppose I'd post 24/7 if the short position was big enough. My own research suggests that you're position is truly big enough. And, you've done well for yourself and your bosses. Started shorting back in April of 2004...I think April 7th probably. That was the day the stock crashed. Interesting that was the day the Rao suit was filed. But no else knew about that but you. Hqnt wasn't notified till ten days later. You didn't trade on insider information did you? So now we play chicken. You're going to try and drive the price to zero. Let's see who covers first.
On your points:
1) Have you spoken to Jack Anderson? Has anyone you know talked to him? No. He's on his deathbed. Doug and Jack were friends for 18 years and partners for 5. Jack's family hasn't allowed anyone to contact him. There's no proof he even said it. Or, if so, what the context was. So, this point is irrelevant. But, it makes such good copy to keep bringing it up, doesn't it?
2) The answer to point #2 is simple. We've never had our day in court. Attorneys messed things up initially and there has never been another hearing date given. But, you knew that already.
3) Interesting viewpoint. The Jury gives a bigger award and you assume it's because they felt Doug was..how did you put it..."Such a sleazeball"...sounds like a dispassionate statement. You can't prove that...but it makes a great headline huh? Yes, you're good at what you do.
4) The trade credits exist. They from to a company called Oncorp (sp?). The 10,000 sq ft building may have fallen through. So what?
5) Speaking of trade credits, you made a little freudian slip there Timothy...you mentioned that no one have been able to refute YOU'RE evidence. You must mean the "Evidence" you posted on Our-street. Say, how is the lawsuit with the SEC, HQnt, the company in Colorado and the company in Illinois going? Wow, 4 major lawsuits with lawyers representing you in 4 different venues. That must get expensive, huh? Tough on a guy unemployed in Slovenia. Say, who's paying those legal bills again?
6) Yes, in April and May the financials were promised. That was just before the Rao suit was filed. And you know how agressive the Rao's attorneys were. Forensic auditors. Papering Hqnt to death with discovery questions. Dominating Hqnt management and it's auditors with request after request. Given the acquisition of Stewart and Shaw and the excessive burden of discovery heaped upon hqnt, it's not at all surprising that the financials have been delayed.
And, btw, my boss would understand the delays under the circumstances.
7) Musky Don praised the software which proved to be flawed. Hqnt's own tech guy had to fix it to the tune of about $385,000. Ok, so we didn't use Musky Don to help fix the software. He may have lost money in hqnt. So, no one else can invest here now?
8) James Connors was paid about $83,000 in legal fees for representing hqnt. Now he wants more. It's not going to be settled on the internet and you know it. They'll just have to work that out. What does that have to do with anything? Oh yeah, I forgot...makes a good headline. Keeps up the selling pressure. BTW, I heard Doug doesn't drink. Can we come up with something juicy on that? Like, he a recovering alcoholic? Hmmmm, wanted for public drunkeness in Utah? Work on it, I know you'll come up with a good one.
9) Doug IS a nationally syndicated writer. His works still appear in various respected journals. And he does respect the first amendment...just not yelling fire in a movie theater. That is criminal behavoir. There's a difference. But, you know that already.
10) Hqnt bought Intelliservices. They bought the stock from the Intel. shareholders under a contract that they warranted the disclosures to be true and accurate. The $385,000 judgement against Rao proves he made false statements. When the problems with the software came to light, giving it back was an option which was considered. But, who says they had any money left or that they wanted it back? They'd just passed off a bill of goods. They were happy. Cohn went about fixing the software at considerable time and expense. They would have benefitted by Hqnt ultimate success...but they wanted $12 MM instead. Hey, it's a free country, you can sue anybody for any amount. And, btw, thanks for the free legal advice about how Cohn should have handled this. I'm sure he or his attorneys never thought about the course you recommended...damn! Well, if you'll give us your name and phone number we'll be sure to call you first next time.
So, all you shorts out there, get ready for a punishing blow when the financial statements finally reveal what good things have been happening way, way off radar.
_____________________________
There is only one reason that these posters have posted 24/7 since april 2004, and that is to drive the price of the stock down, period. Any reasonable person can see that. There is a massive short position. They will need to cover soon.
___________________________
Sec10: Now who's being naive? Quoting you: legitimate companies don't have things happening off the radar. That's the mark of a scam. Legitimate companies disclose.
Oh really? When IBM is exploring buying a company do they disclose? When companies are in talks to merge, sell, buy, invest, expand, develop...do they disclose? Sure, when it is in the shareholders interests to do so and not before.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
HQNT/SNDH is still an upside explosive situation! (update)
______________________________________
Marc Nathan is going to be the head of a subsidiary
On June 8th H-Quotient reported that it is creating a subsidiary that will include all of the Company's software products: PyysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan. Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. Bulldog Financial is a large shareholder in HQNT.
Please read the complete news release at the end of this writing.
_______________________________________
H-Quotient is selling at a 2 year low; is extremely undervalued; selling for less than .40 a share; has less then 40 million shares outstanding; has an Earning Per Share of at least .13 for 2003 (and likely more for 2004); is debt free; is ever expanding; is a profitable company; pays dividends nearly every quarter; and the CEO takes no salary. The CEO not only takes no salary, but is also the largest single shareholder. The CEO Douglas A. Cohn has sold NONE of his shares even when the price was over $2. Doug will be the greatest beneficiary by getting the stock price back up where it belongs.
________________________________
Other indicators of a looming increase in PPS: There is the 24/7 non-stop bashing efforts on the public message boards. The content of the bashers' posts is only noise and misinformation but the fact that they are afraid to leave HQNT unbashed for even a single day (or a single hour on most days) demonstrates how much the shorts still fear another strong run-up as happened last year. And now they have SNDH to worry about too. If HQNT was as bad off as they try to pretend, they would never expend as much time and energy as they do trying to chase investors away from it.
_________________________________
Regarding Questionable PRs and Financials
PR disclaimers are just that, disclaimers! All PRs include the following disclaimer for a good reason!
"This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Bashers have tried to make a lot of hay out of some HQNT PRs that in retrospect have been less than accurate, when in fact they are making much to do about nothing. However, I don't believe that Doug lied about anything or knowingly made any misstatements. I believe that the one absolute is that everything Doug does is for the benefit of the stockholders, a fact that I believe will become apparent as events unfold.
I believe that the questionable PRs truthfully reflected management's current views and assumptions at the time the PRs were written. I'm convinced that Management's views and certain assumptions, that were believed to be true when the PRs were released, changed after the PR was released. I believe that it was subsequent to the release of the questionable PRs, and in the course of conducting normal legitimate business, that Management decisions were made for the good of the shareholder and the Company that caused the problem with the PR's. Some of these decisions retroactively altered the accuracy of the already released PR's. It is only in hind sight that it became apparent that some PRs misstated the situation.
Business is a fluid thing, sometimes changing minute to minute. I'm sure that Doug believed that every thing he said was true when he said it. I also believe that the welfare of the Company made it necessary for Management to make decisions which created results that differed materially from the assumptions that were anticipated when the PRs were released.
This is why there is a disclaimer on all PRs. It is to protect the Company and the shareholder. The declaimer protects the Company from legal action when honest misstatements are made in PRs and it protects the shareholder by letting the shareholder know that the information contained in the PR isn't chiseled in stone.
I see no credible indication of deception or pattern of criminality here. What I see is Management conducting normal business.
_____________________________________
Anyone can view fully audited reports for 1999 thru 2002 by visiting the Investor Relation section on the HQNT Company website. We all hope to see all overdue profitable financials in the near future.
___________________________________
I think that the HQNT/SNDH shorts have a big Margin Call in there near future.
___________________________________
LINKS:
Link to HQNT: http://www.hquotient.com/
Link to SNDH: http://www.standardholdingsgroup.com/default.html
Link to Web Pack International: http://www.web-pack.com/
Links for Information on short selling and naked short selling:
http://www.investorshub.com/boards/board.asp?board_id=3319
http://www.suite101.com/discussion.cfm/investing/106539/14-23
Links to Earnings:
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660
_______________________________________
H-Quotient Announces Software Subsidiary and Management
Wednesday, June 08, 2005 08:58 ET
VIENNA, VA, Jun 08, 2005 (MARKET WIRE via COMTEX) --H-Quotient, Inc. (OTC: HQNT) announced that it is creating a subsidiary that will include all of the Company's software products: PhysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan, and its offices will be in Houston, Texas.
These structural and management changes are expected to provide an important focus on the software products and the necessary energy to drive that business to the next level.
Thomas Hewitt will continue as Chief of Technology for the new company from his offices in Charlotte, N.C. He has a degree in computer science and 22 years experience in technology systems that include the development of advanced medical software systems, an automated securities system, and a fixed income securities trading system. He also serves as a vice president and the derivative trading system architect at a major bank.
Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. He was a judge at the 2005 Rice University Business Plan Competition, a speaker at the Software Technology Conference SXSW Interactive, and a contributing columnist to O'Reilly's MAKE Magazine. Nathan is a member of Rice University Technology and Entrepreneurs Alliance, Houston Angel Network, Houston Technology Center, Texchange, and Houston Inventors Association. He is a graduate of the University of Texas.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
For more information visit the H-Quotient Web site at www.hquotient.com.
Contact:
H-Quotient, Inc.
Ashley Bell
703-752-0690
Marc Nathan
713-960-9900
SOURCE: H-Quotient, Inc.
Copyright 2005 Market Wire, All rights reserved.
______________________________________
Earnings Business Wire, Oct 18, 2004
VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.
Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.
http://www.findarticles.com/p/search?qt=hqnt&tb=art&qf=free
jigfish~~I'm ready to roll, old man! eom
Wineguy jim~~Computer been in the repair shop for the last few days. May have to take it back tomorrrow. Will have to wait and see.
Will Lyons~~I'm glad to hear you're making money.
Be ware of bashers who post supposed facts as if the basher had first hand knowledge, when in fact they haven't a clue. They only want to scare you away from the stock.
I'm sure the bashers see it your way. Tell you what, you decide what you choose to post and I'll do the same regarding my posts.
Would you care to post some of your DD?
The plain facts are:
To All: IMO, First I need to get a couple of terms defined for the purpose of this post.
Term # 1 - "Primary Plaintiffs" = Dr. Rao
Term # 2 - "Remaining Plaintiffs" = All other plaintiffs except for Dr. Rao
385 K is currently owed to H-Quotient by Dr Rao.
359K is may be owed to the Remaining Plaintiffs by H-Quotient. Motions and appeals can still be made concerning this award.
The difference between the 385K that H-Quotient has been awarded and the 359K that Remaining Plaintiffs may be awarded is 26K in favor of H-Quotient.
There is an additional 400K up for grabs in punitive damages by the Remaining Plaintiffs, however IMO, if H-Quotient prevails against Dr Rao concerning the 359K, then the opportunity for the Remaining Plaintiffs to be awarded any damages then disappears.
July 29th is the hearing date and a decision will come sometime after this date.
IMO, I liken this to a hurricane that is now dwindling down to light shower.
IMO, No matter which way this goes, H-Quotient will not suffer any significant material injury.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
This is a combination of several great posts, posted on the IHUB board.
Sonyboy: Well, I've got to give you credit. You're good at what you do. And what is it you do again? Hmmmmm. Spend countless hours researching, compiling, posting. Warning unsuspecting shareholders. A friend of the little man. Do you help little old ladies across the street and help your neighbors take the garbage out too? What a fine man. But, there's a difference between you and me. Whenever I've sold a stock, I've moved on. I didn't post on the stock any more...that is unless I was short. Then the compulsion to share all my bad feelings were just too overwhelming. And, I imagine, the compulsion becomes a mind deafening roar the bigger the short position. I suppose I'd post 24/7 if the short position was big enough. My own research suggests that you're position is truly big enough. And, you've done well for yourself and your bosses. Started shorting back in April of 2004...I think April 7th probably. That was the day the stock crashed. Interesting that was the day the Rao suit was filed. But no else knew about that but you. Hqnt wasn't notified till ten days later. You didn't trade on insider information did you? So now we play chicken. You're going to try and drive the price to zero. Let's see who covers first.
On your points:
1) Have you spoken to Jack Anderson? Has anyone you know talked to him? No. He's on his deathbed. Doug and Jack were friends for 18 years and partners for 5. Jack's family hasn't allowed anyone to contact him. There's no proof he even said it. Or, if so, what the context was. So, this point is irrelevant. But, it makes such good copy to keep bringing it up, doesn't it?
2) The answer to point #2 is simple. We've never had our day in court. Attorneys messed things up initially and there has never been another hearing date given. But, you knew that already.
3) Interesting viewpoint. The Jury gives a bigger award and you assume it's because they felt Doug was..how did you put it..."Such a sleazeball"...sounds like a dispassionate statement. You can't prove that...but it makes a great headline huh? Yes, you're good at what you do.
4) The trade credits exist. They from to a company called Oncorp (sp?). The 10,000 sq ft building may have fallen through. So what?
5) Speaking of trade credits, you made a little freudian slip there Timothy...you mentioned that no one have been able to refute YOU'RE evidence. You must mean the "Evidence" you posted on Our-street. Say, how is the lawsuit with the SEC, HQnt, the company in Colorado and the company in Illinois going? Wow, 4 major lawsuits with lawyers representing you in 4 different venues. That must get expensive, huh? Tough on a guy unemployed in Slovenia. Say, who's paying those legal bills again?
6) Yes, in April and May the financials were promised. That was just before the Rao suit was filed. And you know how agressive the Rao's attorneys were. Forensic auditors. Papering Hqnt to death with discovery questions. Dominating Hqnt management and it's auditors with request after request. Given the acquisition of Stewart and Shaw and the excessive burden of discovery heaped upon hqnt, it's not at all surprising that the financials have been delayed.
And, btw, my boss would understand the delays under the circumstances.
7) Musky Don praised the software which proved to be flawed. Hqnt's own tech guy had to fix it to the tune of about $385,000. Ok, so we didn't use Musky Don to help fix the software. He may have lost money in hqnt. So, no one else can invest here now?
8) James Connors was paid about $83,000 in legal fees for representing hqnt. Now he wants more. It's not going to be settled on the internet and you know it. They'll just have to work that out. What does that have to do with anything? Oh yeah, I forgot...makes a good headline. Keeps up the selling pressure. BTW, I heard Doug doesn't drink. Can we come up with something juicy on that? Like, he a recovering alcoholic? Hmmmm, wanted for public drunkeness in Utah? Work on it, I know you'll come up with a good one.
9) Doug IS a nationally syndicated writer. His works still appear in various respected journals. And he does respect the first amendment...just not yelling fire in a movie theater. That is criminal behavoir. There's a difference. But, you know that already.
10) Hqnt bought Intelliservices. They bought the stock from the Intel. shareholders under a contract that they warranted the disclosures to be true and accurate. The $385,000 judgement against Rao proves he made false statements. When the problems with the software came to light, giving it back was an option which was considered. But, who says they had any money left or that they wanted it back? They'd just passed off a bill of goods. They were happy. Cohn went about fixing the software at considerable time and expense. They would have benefitted by Hqnt ultimate success...but they wanted $12 MM instead. Hey, it's a free country, you can sue anybody for any amount. And, btw, thanks for the free legal advice about how Cohn should have handled this. I'm sure he or his attorneys never thought about the course you recommended...damn! Well, if you'll give us your name and phone number we'll be sure to call you first next time.
So, all you shorts out there, get ready for a punishing blow when the financial statements finally reveal what good things have been happening way, way off radar.
_____________________________
There is only one reason that these posters have posted 24/7 since april 2004, and that is to drive the price of the stock down, period. Any reasonable person can see that. There is a massive short position. They will need to cover soon.
___________________________
Sec10: Now who's being naive? Quoting you: legitimate companies don't have things happening off the radar. That's the mark of a scam. Legitimate companies disclose.
Oh really? When IBM is exploring buying a company do they disclose? When companies are in talks to merge, sell, buy, invest, expand, develop...do they disclose? Sure, when it is in the shareholders interests to do so and not before.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
HQNT/SNDH is still an upside explosive situation! (update)
______________________________________
Marc Nathan is going to be the head of a subsidiary
On June 8th H-Quotient reported that it is creating a subsidiary that will include all of the Company's software products: PyysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan. Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. Bulldog Financial is a large shareholder in HQNT.
Please read the complete news release at the end of this writing.
_______________________________________
H-Quotient is selling at a 2 year low; is extremely undervalued; selling for less than .40 a share; has less then 40 million shares outstanding; has an Earning Per Share of at least .13 for 2003 (and likely more for 2004); is debt free; is ever expanding; is a profitable company; pays dividends nearly every quarter; and the CEO takes no salary. The CEO not only takes no salary, but is also the largest single shareholder. The CEO Douglas A. Cohn has sold NONE of his shares even when the price was over $2. Doug will be the greatest beneficiary by getting the stock price back up where it belongs.
________________________________
Other indicators of a looming increase in PPS: There is the 24/7 non-stop bashing efforts on the public message boards. The content of the bashers' posts is only noise and misinformation but the fact that they are afraid to leave HQNT unbashed for even a single day (or a single hour on most days) demonstrates how much the shorts still fear another strong run-up as happened last year. And now they have SNDH to worry about too. If HQNT was as bad off as they try to pretend, they would never expend as much time and energy as they do trying to chase investors away from it.
_________________________________
Regarding Questionable PRs and Financials
PR disclaimers are just that, disclaimers! All PRs include the following disclaimer for a good reason!
"This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Bashers have tried to make a lot of hay out of some HQNT PRs that in retrospect have been less than accurate, when in fact they are making much to do about nothing. However, I don't believe that Doug lied about anything or knowingly made any misstatements. I believe that the one absolute is that everything Doug does is for the benefit of the stockholders, a fact that I believe will become apparent as events unfold.
I believe that the questionable PRs truthfully reflected management's current views and assumptions at the time the PRs were written. I'm convinced that Management's views and certain assumptions, that were believed to be true when the PRs were released, changed after the PR was released. I believe that it was subsequent to the release of the questionable PRs, and in the course of conducting normal legitimate business, that Management decisions were made for the good of the shareholder and the Company that caused the problem with the PR's. Some of these decisions retroactively altered the accuracy of the already released PR's. It is only in hind sight that it became apparent that some PRs misstated the situation.
Business is a fluid thing, sometimes changing minute to minute. I'm sure that Doug believed that every thing he said was true when he said it. I also believe that the welfare of the Company made it necessary for Management to make decisions which created results that differed materially from the assumptions that were anticipated when the PRs were released.
This is why there is a disclaimer on all PRs. It is to protect the Company and the shareholder. The declaimer protects the Company from legal action when honest misstatements are made in PRs and it protects the shareholder by letting the shareholder know that the information contained in the PR isn't chiseled in stone.
I see no credible indication of deception or pattern of criminality here. What I see is Management conducting normal business.
_____________________________________
Anyone can view fully audited reports for 1999 thru 2002 by visiting the Investor Relation section on the HQNT Company website. We all hope to see all overdue profitable financials in the near future.
___________________________________
I think that the HQNT/SNDH shorts have a big Margin Call in there near future.
___________________________________
LINKS:
Link to HQNT: http://www.hquotient.com/
Link to SNDH: http://www.standardholdingsgroup.com/default.html
Link to Web Pack International: http://www.web-pack.com/
Links for Information on short selling and naked short selling:
http://www.investorshub.com/boards/board.asp?board_id=3319
http://www.suite101.com/discussion.cfm/investing/106539/14-23
Links to Earnings:
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660
_______________________________________
H-Quotient Announces Software Subsidiary and Management
Wednesday, June 08, 2005 08:58 ET
VIENNA, VA, Jun 08, 2005 (MARKET WIRE via COMTEX) --H-Quotient, Inc. (OTC: HQNT) announced that it is creating a subsidiary that will include all of the Company's software products: PhysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan, and its offices will be in Houston, Texas.
These structural and management changes are expected to provide an important focus on the software products and the necessary energy to drive that business to the next level.
Thomas Hewitt will continue as Chief of Technology for the new company from his offices in Charlotte, N.C. He has a degree in computer science and 22 years experience in technology systems that include the development of advanced medical software systems, an automated securities system, and a fixed income securities trading system. He also serves as a vice president and the derivative trading system architect at a major bank.
Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. He was a judge at the 2005 Rice University Business Plan Competition, a speaker at the Software Technology Conference SXSW Interactive, and a contributing columnist to O'Reilly's MAKE Magazine. Nathan is a member of Rice University Technology and Entrepreneurs Alliance, Houston Angel Network, Houston Technology Center, Texchange, and Houston Inventors Association. He is a graduate of the University of Texas.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
For more information visit the H-Quotient Web site at www.hquotient.com.
Contact:
H-Quotient, Inc.
Ashley Bell
703-752-0690
Marc Nathan
713-960-9900
SOURCE: H-Quotient, Inc.
Copyright 2005 Market Wire, All rights reserved.
______________________________________
Earnings Business Wire, Oct 18, 2004
VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.
Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.
http://www.findarticles.com/p/search?qt=hqnt&tb=art&qf=free
The plain facts are:
To All: IMO, First I need to get a couple of terms defined for the purpose of this post.
Term # 1 - "Primary Plaintiffs" = Dr. Rao
Term # 2 - "Remaining Plaintiffs" = All other plaintiffs except for Dr. Rao
385 K is currently owed to H-Quotient by Dr Rao.
359K is may be owed to the Remaining Plaintiffs by H-Quotient. Motions and appeals can still be made concerning this award.
The difference between the 385K that H-Quotient has been awarded and the 359K that Remaining Plaintiffs may be awarded is 26K in favor of H-Quotient.
There is an additional 400K up for grabs in punitive damages by the Remaining Plaintiffs, however IMO, if H-Quotient prevails against Dr Rao concerning the 359K, then the opportunity for the Remaining Plaintiffs to be awarded any damages then disappears.
July 29th is the hearing date and a decision will come sometime after this date.
IMO, I liken this to a hurricane that is now dwindling down to light shower.
IMO, No matter which way this goes, H-Quotient will not suffer any significant material injury.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
This is a combination of several great posts, posted on the IHUB board.
Sonyboy: Well, I've got to give you credit. You're good at what you do. And what is it you do again? Hmmmmm. Spend countless hours researching, compiling, posting. Warning unsuspecting shareholders. A friend of the little man. Do you help little old ladies across the street and help your neighbors take the garbage out too? What a fine man. But, there's a difference between you and me. Whenever I've sold a stock, I've moved on. I didn't post on the stock any more...that is unless I was short. Then the compulsion to share all my bad feelings were just too overwhelming. And, I imagine, the compulsion becomes a mind deafening roar the bigger the short position. I suppose I'd post 24/7 if the short position was big enough. My own research suggests that you're position is truly big enough. And, you've done well for yourself and your bosses. Started shorting back in April of 2004...I think April 7th probably. That was the day the stock crashed. Interesting that was the day the Rao suit was filed. But no else knew about that but you. Hqnt wasn't notified till ten days later. You didn't trade on insider information did you? So now we play chicken. You're going to try and drive the price to zero. Let's see who covers first.
On your points:
1) Have you spoken to Jack Anderson? Has anyone you know talked to him? No. He's on his deathbed. Doug and Jack were friends for 18 years and partners for 5. Jack's family hasn't allowed anyone to contact him. There's no proof he even said it. Or, if so, what the context was. So, this point is irrelevant. But, it makes such good copy to keep bringing it up, doesn't it?
2) The answer to point #2 is simple. We've never had our day in court. Attorneys messed things up initially and there has never been another hearing date given. But, you knew that already.
3) Interesting viewpoint. The Jury gives a bigger award and you assume it's because they felt Doug was..how did you put it..."Such a sleazeball"...sounds like a dispassionate statement. You can't prove that...but it makes a great headline huh? Yes, you're good at what you do.
4) The trade credits exist. They from to a company called Oncorp (sp?). The 10,000 sq ft building may have fallen through. So what?
5) Speaking of trade credits, you made a little freudian slip there Timothy...you mentioned that no one have been able to refute YOU'RE evidence. You must mean the "Evidence" you posted on Our-street. Say, how is the lawsuit with the SEC, HQnt, the company in Colorado and the company in Illinois going? Wow, 4 major lawsuits with lawyers representing you in 4 different venues. That must get expensive, huh? Tough on a guy unemployed in Slovenia. Say, who's paying those legal bills again?
6) Yes, in April and May the financials were promised. That was just before the Rao suit was filed. And you know how agressive the Rao's attorneys were. Forensic auditors. Papering Hqnt to death with discovery questions. Dominating Hqnt management and it's auditors with request after request. Given the acquisition of Stewart and Shaw and the excessive burden of discovery heaped upon hqnt, it's not at all surprising that the financials have been delayed.
And, btw, my boss would understand the delays under the circumstances.
7) Musky Don praised the software which proved to be flawed. Hqnt's own tech guy had to fix it to the tune of about $385,000. Ok, so we didn't use Musky Don to help fix the software. He may have lost money in hqnt. So, no one else can invest here now?
8) James Connors was paid about $83,000 in legal fees for representing hqnt. Now he wants more. It's not going to be settled on the internet and you know it. They'll just have to work that out. What does that have to do with anything? Oh yeah, I forgot...makes a good headline. Keeps up the selling pressure. BTW, I heard Doug doesn't drink. Can we come up with something juicy on that? Like, he a recovering alcoholic? Hmmmm, wanted for public drunkeness in Utah? Work on it, I know you'll come up with a good one.
9) Doug IS a nationally syndicated writer. His works still appear in various respected journals. And he does respect the first amendment...just not yelling fire in a movie theater. That is criminal behavoir. There's a difference. But, you know that already.
10) Hqnt bought Intelliservices. They bought the stock from the Intel. shareholders under a contract that they warranted the disclosures to be true and accurate. The $385,000 judgement against Rao proves he made false statements. When the problems with the software came to light, giving it back was an option which was considered. But, who says they had any money left or that they wanted it back? They'd just passed off a bill of goods. They were happy. Cohn went about fixing the software at considerable time and expense. They would have benefitted by Hqnt ultimate success...but they wanted $12 MM instead. Hey, it's a free country, you can sue anybody for any amount. And, btw, thanks for the free legal advice about how Cohn should have handled this. I'm sure he or his attorneys never thought about the course you recommended...damn! Well, if you'll give us your name and phone number we'll be sure to call you first next time.
So, all you shorts out there, get ready for a punishing blow when the financial statements finally reveal what good things have been happening way, way off radar.
_____________________________
There is only one reason that these posters have posted 24/7 since april 2004, and that is to drive the price of the stock down, period. Any reasonable person can see that. There is a massive short position. They will need to cover soon.
___________________________
Sec10: Now who's being naive? Quoting you: legitimate companies don't have things happening off the radar. That's the mark of a scam. Legitimate companies disclose.
Oh really? When IBM is exploring buying a company do they disclose? When companies are in talks to merge, sell, buy, invest, expand, develop...do they disclose? Sure, when it is in the shareholders interests to do so and not before.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
HQNT/SNDH is still an upside explosive situation! (update)
______________________________________
Marc Nathan is going to be the head of a subsidiary
On June 8th H-Quotient reported that it is creating a subsidiary that will include all of the Company's software products: PyysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan. Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. Bulldog Financial is a large shareholder in HQNT.
Please read the complete news release at the end of this writing.
_______________________________________
H-Quotient is selling at a 2 year low; is extremely undervalued; selling for less than .40 a share; has less then 40 million shares outstanding; has an Earning Per Share of at least .13 for 2003 (and likely more for 2004); is debt free; is ever expanding; is a profitable company; pays dividends nearly every quarter; and the CEO takes no salary. The CEO not only takes no salary, but is also the largest single shareholder. The CEO Douglas A. Cohn has sold NONE of his shares even when the price was over $2. Doug will be the greatest beneficiary by getting the stock price back up where it belongs.
________________________________
Other indicators of a looming increase in PPS: There is the 24/7 non-stop bashing efforts on the public message boards. The content of the bashers' posts is only noise and misinformation but the fact that they are afraid to leave HQNT unbashed for even a single day (or a single hour on most days) demonstrates how much the shorts still fear another strong run-up as happened last year. And now they have SNDH to worry about too. If HQNT was as bad off as they try to pretend, they would never expend as much time and energy as they do trying to chase investors away from it.
_________________________________
Regarding Questionable PRs and Financials
PR disclaimers are just that, disclaimers! All PRs include the following disclaimer for a good reason!
"This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Bashers have tried to make a lot of hay out of some HQNT PRs that in retrospect have been less than accurate, when in fact they are making much to do about nothing. However, I don't believe that Doug lied about anything or knowingly made any misstatements. I believe that the one absolute is that everything Doug does is for the benefit of the stockholders, a fact that I believe will become apparent as events unfold.
I believe that the questionable PRs truthfully reflected management's current views and assumptions at the time the PRs were written. I'm convinced that Management's views and certain assumptions, that were believed to be true when the PRs were released, changed after the PR was released. I believe that it was subsequent to the release of the questionable PRs, and in the course of conducting normal legitimate business, that Management decisions were made for the good of the shareholder and the Company that caused the problem with the PR's. Some of these decisions retroactively altered the accuracy of the already released PR's. It is only in hind sight that it became apparent that some PRs misstated the situation.
Business is a fluid thing, sometimes changing minute to minute. I'm sure that Doug believed that every thing he said was true when he said it. I also believe that the welfare of the Company made it necessary for Management to make decisions which created results that differed materially from the assumptions that were anticipated when the PRs were released.
This is why there is a disclaimer on all PRs. It is to protect the Company and the shareholder. The declaimer protects the Company from legal action when honest misstatements are made in PRs and it protects the shareholder by letting the shareholder know that the information contained in the PR isn't chiseled in stone.
I see no credible indication of deception or pattern of criminality here. What I see is Management conducting normal business.
_____________________________________
Anyone can view fully audited reports for 1999 thru 2002 by visiting the Investor Relation section on the HQNT Company website. We all hope to see all overdue profitable financials in the near future.
___________________________________
I think that the HQNT/SNDH shorts have a big Margin Call in there near future.
___________________________________
LINKS:
Link to HQNT: http://www.hquotient.com/
Link to SNDH: http://www.standardholdingsgroup.com/default.html
Link to Web Pack International: http://www.web-pack.com/
Links for Information on short selling and naked short selling:
http://www.investorshub.com/boards/board.asp?board_id=3319
http://www.suite101.com/discussion.cfm/investing/106539/14-23
Links to Earnings:
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660
_______________________________________
H-Quotient Announces Software Subsidiary and Management
Wednesday, June 08, 2005 08:58 ET
VIENNA, VA, Jun 08, 2005 (MARKET WIRE via COMTEX) --H-Quotient, Inc. (OTC: HQNT) announced that it is creating a subsidiary that will include all of the Company's software products: PhysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan, and its offices will be in Houston, Texas.
These structural and management changes are expected to provide an important focus on the software products and the necessary energy to drive that business to the next level.
Thomas Hewitt will continue as Chief of Technology for the new company from his offices in Charlotte, N.C. He has a degree in computer science and 22 years experience in technology systems that include the development of advanced medical software systems, an automated securities system, and a fixed income securities trading system. He also serves as a vice president and the derivative trading system architect at a major bank.
Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. He was a judge at the 2005 Rice University Business Plan Competition, a speaker at the Software Technology Conference SXSW Interactive, and a contributing columnist to O'Reilly's MAKE Magazine. Nathan is a member of Rice University Technology and Entrepreneurs Alliance, Houston Angel Network, Houston Technology Center, Texchange, and Houston Inventors Association. He is a graduate of the University of Texas.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
For more information visit the H-Quotient Web site at www.hquotient.com.
Contact:
H-Quotient, Inc.
Ashley Bell
703-752-0690
Marc Nathan
713-960-9900
SOURCE: H-Quotient, Inc.
Copyright 2005 Market Wire, All rights reserved.
______________________________________
Earnings Business Wire, Oct 18, 2004
VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.
Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.
http://www.findarticles.com/p/search?qt=hqnt&tb=art&qf=free
It is amazing how some use the press as an absolute when researching an issue. The press gets it wrong about as much as they get it right. For that matter, even if Anderson said that DC wasn't to be trusted, we don't know the context nor do we have any reason to believe Anderson's evaluation of DC. Just more Basher nonsense.
ProfitScout~~Looks like they will be applying for basher food stamps today.
ProfitScout~~The good news is that the RB HQNT Basher message board is currently link-down.
Interesting how bashers go the extra mile to put words in your mouth because they have no proven facts from which to draw conclusions.
ProfitScout~~Thanks for the info. I'll be sure to watch the show.
hmmmmmmm because I can read! Bashers should try it some time.
Now there is a reliable source, the son of the dying man who was at odds with DC. It is amazing that bashers try to pass fluff like this off as valid DD! ROTFLOL!!
Sonyboy~~Gosh, if I looked at HQNT the way that you do, I would sell and move on to something more profitable. By the way, did you know that it has been rumored that Anderson recanted his statement. Of course neither you nor I was there, so neither of us really know anything about what was said or why it was said. In light of the fact that neither of us know what was said or why it was said and that there is no reason to take Anderson's word as Gospel, I expect that this is just another basher Red Herring. So do you like your Herring like you take your Crow. Cold!
The plain facts are:
To All: IMO, First I need to get a couple of terms defined for the purpose of this post.
Term # 1 - "Primary Plaintiffs" = Dr. Rao
Term # 2 - "Remaining Plaintiffs" = All other plaintiffs except for Dr. Rao
385 K is currently owed to H-Quotient by Dr Rao.
359K is may be owed to the Remaining Plaintiffs by H-Quotient. Motions and appeals can still be made concerning this award.
The difference between the 385K that H-Quotient has been awarded and the 359K that Remaining Plaintiffs may be awarded is 26K in favor of H-Quotient.
There is an additional 400K up for grabs in punitive damages by the Remaining Plaintiffs, however IMO, if H-Quotient prevails against Dr Rao concerning the 359K, then the opportunity for the Remaining Plaintiffs to be awarded any damages then disappears.
July 29th is the hearing date and a decision will come sometime after this date.
IMO, I liken this to a hurricane that is now dwindling down to light shower.
IMO, No matter which way this goes, H-Quotient will not suffer any significant material injury.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
This is a combination of several great posts, posted on the IHUB board.
Sonyboy: Well, I've got to give you credit. You're good at what you do. And what is it you do again? Hmmmmm. Spend countless hours researching, compiling, posting. Warning unsuspecting shareholders. A friend of the little man. Do you help little old ladies across the street and help your neighbors take the garbage out too? What a fine man. But, there's a difference between you and me. Whenever I've sold a stock, I've moved on. I didn't post on the stock any more...that is unless I was short. Then the compulsion to share all my bad feelings were just too overwhelming. And, I imagine, the compulsion becomes a mind deafening roar the bigger the short position. I suppose I'd post 24/7 if the short position was big enough. My own research suggests that you're position is truly big enough. And, you've done well for yourself and your bosses. Started shorting back in April of 2004...I think April 7th probably. That was the day the stock crashed. Interesting that was the day the Rao suit was filed. But no else knew about that but you. Hqnt wasn't notified till ten days later. You didn't trade on insider information did you? So now we play chicken. You're going to try and drive the price to zero. Let's see who covers first.
On your points:
1) Have you spoken to Jack Anderson? Has anyone you know talked to him? No. He's on his deathbed. Doug and Jack were friends for 18 years and partners for 5. Jack's family hasn't allowed anyone to contact him. There's no proof he even said it. Or, if so, what the context was. So, this point is irrelevant. But, it makes such good copy to keep bringing it up, doesn't it?
2) The answer to point #2 is simple. We've never had our day in court. Attorneys messed things up initially and there has never been another hearing date given. But, you knew that already.
3) Interesting viewpoint. The Jury gives a bigger award and you assume it's because they felt Doug was..how did you put it..."Such a sleazeball"...sounds like a dispassionate statement. You can't prove that...but it makes a great headline huh? Yes, you're good at what you do.
4) The trade credits exist. They from to a company called Oncorp (sp?). The 10,000 sq ft building may have fallen through. So what?
5) Speaking of trade credits, you made a little freudian slip there Timothy...you mentioned that no one have been able to refute YOU'RE evidence. You must mean the "Evidence" you posted on Our-street. Say, how is the lawsuit with the SEC, HQnt, the company in Colorado and the company in Illinois going? Wow, 4 major lawsuits with lawyers representing you in 4 different venues. That must get expensive, huh? Tough on a guy unemployed in Slovenia. Say, who's paying those legal bills again?
6) Yes, in April and May the financials were promised. That was just before the Rao suit was filed. And you know how agressive the Rao's attorneys were. Forensic auditors. Papering Hqnt to death with discovery questions. Dominating Hqnt management and it's auditors with request after request. Given the acquisition of Stewart and Shaw and the excessive burden of discovery heaped upon hqnt, it's not at all surprising that the financials have been delayed.
And, btw, my boss would understand the delays under the circumstances.
7) Musky Don praised the software which proved to be flawed. Hqnt's own tech guy had to fix it to the tune of about $385,000. Ok, so we didn't use Musky Don to help fix the software. He may have lost money in hqnt. So, no one else can invest here now?
8) James Connors was paid about $83,000 in legal fees for representing hqnt. Now he wants more. It's not going to be settled on the internet and you know it. They'll just have to work that out. What does that have to do with anything? Oh yeah, I forgot...makes a good headline. Keeps up the selling pressure. BTW, I heard Doug doesn't drink. Can we come up with something juicy on that? Like, he a recovering alcoholic? Hmmmm, wanted for public drunkeness in Utah? Work on it, I know you'll come up with a good one.
9) Doug IS a nationally syndicated writer. His works still appear in various respected journals. And he does respect the first amendment...just not yelling fire in a movie theater. That is criminal behavoir. There's a difference. But, you know that already.
10) Hqnt bought Intelliservices. They bought the stock from the Intel. shareholders under a contract that they warranted the disclosures to be true and accurate. The $385,000 judgement against Rao proves he made false statements. When the problems with the software came to light, giving it back was an option which was considered. But, who says they had any money left or that they wanted it back? They'd just passed off a bill of goods. They were happy. Cohn went about fixing the software at considerable time and expense. They would have benefitted by Hqnt ultimate success...but they wanted $12 MM instead. Hey, it's a free country, you can sue anybody for any amount. And, btw, thanks for the free legal advice about how Cohn should have handled this. I'm sure he or his attorneys never thought about the course you recommended...damn! Well, if you'll give us your name and phone number we'll be sure to call you first next time.
So, all you shorts out there, get ready for a punishing blow when the financial statements finally reveal what good things have been happening way, way off radar.
_____________________________
There is only one reason that these posters have posted 24/7 since april 2004, and that is to drive the price of the stock down, period. Any reasonable person can see that. There is a massive short position. They will need to cover soon.
___________________________
Sec10: Now who's being naive? Quoting you: legitimate companies don't have things happening off the radar. That's the mark of a scam. Legitimate companies disclose.
Oh really? When IBM is exploring buying a company do they disclose? When companies are in talks to merge, sell, buy, invest, expand, develop...do they disclose? Sure, when it is in the shareholders interests to do so and not before.
____________________________________________
/////////////////////////////////////////////////////////////////////////////
HQNT/SNDH is still an upside explosive situation! (update)
______________________________________
Marc Nathan is going to be the head of a subsidiary
On June 8th H-Quotient reported that it is creating a subsidiary that will include all of the Company's software products: PyysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan. Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. Bulldog Financial is a large shareholder in HQNT.
Please read the complete news release at the end of this writing.
_______________________________________
H-Quotient is selling at a 2 year low; is extremely undervalued; selling for less than .40 a share; has less then 40 million shares outstanding; has an Earning Per Share of at least .13 for 2003 (and likely more for 2004); is debt free; is ever expanding; is a profitable company; pays dividends nearly every quarter; and the CEO takes no salary. The CEO not only takes no salary, but is also the largest single shareholder. The CEO Douglas A. Cohn has sold NONE of his shares even when the price was over $2. Doug will be the greatest beneficiary by getting the stock price back up where it belongs.
________________________________
Other indicators of a looming increase in PPS: There is the 24/7 non-stop bashing efforts on the public message boards. The content of the bashers' posts is only noise and misinformation but the fact that they are afraid to leave HQNT unbashed for even a single day (or a single hour on most days) demonstrates how much the shorts still fear another strong run-up as happened last year. And now they have SNDH to worry about too. If HQNT was as bad off as they try to pretend, they would never expend as much time and energy as they do trying to chase investors away from it.
_________________________________
Regarding Questionable PRs and Financials
PR disclaimers are just that, disclaimers! All PRs include the following disclaimer for a good reason!
"This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated."
Bashers have tried to make a lot of hay out of some HQNT PRs that in retrospect have been less than accurate, when in fact they are making much to do about nothing. However, I don't believe that Doug lied about anything or knowingly made any misstatements. I believe that the one absolute is that everything Doug does is for the benefit of the stockholders, a fact that I believe will become apparent as events unfold.
I believe that the questionable PRs truthfully reflected management's current views and assumptions at the time the PRs were written. I'm convinced that Management's views and certain assumptions, that were believed to be true when the PRs were released, changed after the PR was released. I believe that it was subsequent to the release of the questionable PRs, and in the course of conducting normal legitimate business, that Management decisions were made for the good of the shareholder and the Company that caused the problem with the PR's. Some of these decisions retroactively altered the accuracy of the already released PR's. It is only in hind sight that it became apparent that some PRs misstated the situation.
Business is a fluid thing, sometimes changing minute to minute. I'm sure that Doug believed that every thing he said was true when he said it. I also believe that the welfare of the Company made it necessary for Management to make decisions which created results that differed materially from the assumptions that were anticipated when the PRs were released.
This is why there is a disclaimer on all PRs. It is to protect the Company and the shareholder. The declaimer protects the Company from legal action when honest misstatements are made in PRs and it protects the shareholder by letting the shareholder know that the information contained in the PR isn't chiseled in stone.
I see no credible indication of deception or pattern of criminality here. What I see is Management conducting normal business.
_____________________________________
Anyone can view fully audited reports for 1999 thru 2002 by visiting the Investor Relation section on the HQNT Company website. We all hope to see all overdue profitable financials in the near future.
___________________________________
I think that the HQNT/SNDH shorts have a big Margin Call in there near future.
___________________________________
LINKS:
Link to HQNT: http://www.hquotient.com/
Link to SNDH: http://www.standardholdingsgroup.com/default.html
Link to Web Pack International: http://www.web-pack.com/
Links for Information on short selling and naked short selling:
http://www.investorshub.com/boards/board.asp?board_id=3319
http://www.suite101.com/discussion.cfm/investing/106539/14-23
Links to Earnings:
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660
_______________________________________
H-Quotient Announces Software Subsidiary and Management
Wednesday, June 08, 2005 08:58 ET
VIENNA, VA, Jun 08, 2005 (MARKET WIRE via COMTEX) --H-Quotient, Inc. (OTC: HQNT) announced that it is creating a subsidiary that will include all of the Company's software products: PhysicianQuotient, DentalQuotient and LabQuotient. The CEO of the new company will be Marc H. Nathan, and its offices will be in Houston, Texas.
These structural and management changes are expected to provide an important focus on the software products and the necessary energy to drive that business to the next level.
Thomas Hewitt will continue as Chief of Technology for the new company from his offices in Charlotte, N.C. He has a degree in computer science and 22 years experience in technology systems that include the development of advanced medical software systems, an automated securities system, and a fixed income securities trading system. He also serves as a vice president and the derivative trading system architect at a major bank.
Mr. Nathan is the CEO of a private equity investment firm, Bulldog Financial, Inc., a director of US HeartScan, Inc., and a consultant to other public and private technology companies. He was a judge at the 2005 Rice University Business Plan Competition, a speaker at the Software Technology Conference SXSW Interactive, and a contributing columnist to O'Reilly's MAKE Magazine. Nathan is a member of Rice University Technology and Entrepreneurs Alliance, Houston Angel Network, Houston Technology Center, Texchange, and Houston Inventors Association. He is a graduate of the University of Texas.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
For more information visit the H-Quotient Web site at www.hquotient.com.
Contact:
H-Quotient, Inc.
Ashley Bell
703-752-0690
Marc Nathan
713-960-9900
SOURCE: H-Quotient, Inc.
Copyright 2005 Market Wire, All rights reserved.
______________________________________
Earnings Business Wire, Oct 18, 2004
VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.
Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.
http://www.findarticles.com/p/search?qt=hqnt&tb=art&qf=free
ProfitScout~~Great news which once again shows that Doug and Marc are, staying on their toes, ready to take advantage of every opportunity to expand HQNT!
ProfitScout~~Their propaganda isn't even a poor facsimile of the truth.
Prinz - ROTFLOL! eom
Mighty_Mezz~~So what were you going to do for a living once Doug releases the financials ?
chinditone~~Sounds good to me. eom
financeguy~~Good for you! eom
financeguy~~You go Man! EOM