Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Why would anything else be different?
Agreed. This is like watching crab grass grow here. The kind of grass you don't want growing in your yard.
Fake
Better show more profit & more treasury shares than last Q.
I think his tweet was fine & makes sense. After the new SEC regulations on penny stock financing, HAON is going to have extreme difficulty finding someone to finance their business plan - except for the shareholders .
It is in the companies best interest to buyback as many shares as they can in the & liquidate back to the market on the OTC QB exchange in slow and steady amounts until it can afford to expand the HOPP facility in Mexico AND pursue these acquisitions.
I want Bernard & the intern to make me a cheerleader & not a basher of HAON. But they need to find a way to increase their profit margins. Doubling the quarterly payroll expenses & not the revenues is unacceptable and leads me to believe that "key" HAON employees are paying themselves lucrative salaries WHILE receiving stock options. I mean come on, how is the company supposed to grow if it's spending all of its profit?
I looked at the financials, it said you guys could maybe buy $20k of shares per quarter. Before Q4 2017 HOPP was pulling in $100k+ in profit, what happened? How can the payroll costs double & not have revenue double or at least get close to it for a quarter?
Can't trust the PR. The PR leaves the reader / investor with a sense that HAON is incredibly undervalued and a very lucrative investment - yet fails to deliver any material significance backing this up other than "its new retail account is a household name."
So after reading this, the retail shelving order may simply just be one of the dime a dozen orders that HOPP receives on an annual basis. There wasn't any anticipated revenue projections from this "retail account", nothing to give the serious investor any clues as to the valuation of the stock. While I can understand the anonymity that the company wants to keep regarding the order, divulging the anticipated revenue from the retail account would in my opinion - not have leaked any pertinent information regarding whom the account is.
So it is this lack of information & the pushed back TJ / Tijuana hopp expansion date, and delay in starting the digital press & ryobi 3302m two color press until q3, that has me seriously questioning the increased profit margin potential of HOPP / HAON this quarter. The PR imo, was just another way for HAON to sell the .0001's it probably accumulated as treasury shares during the last Alpine securities / EROP dump at .0002 & / .0003.
As of right now, HAON is nothing more than a .0001+ tick flipping stock for a select few "whales" here. These traders have likely loaded hundreds of millions of shares at .0002, and are stacking the ask at .0003 - preventing further PPS movement north. It is up to the company at this point, to find a way to increase profit margins & decrease costs (* mainly the payroll cost *) in order to raise enough capital to buyback enough treasury shares to "tighten the float" which will provide opportunity for the share price to break out of the low .000's & possibly high .000's.
The transparency provided by HAON has diminished, and many shareholders & loyal investors of HAON have been burned from the "imminent buyback PR's". It is time for the company to make good on its word and deliver results. $HAON,"$*** or get off the pot". A share buyback of 500,000,000-1,000,000,000 shares w/o further dilution would restore shareholder confidence and bring back that $100-250k daily market volume we were seeing in the january / feb months. Everyone would win. Traders would get to flip their shares, haon would get to flip its treasury shares, and investors would start to see unrealized gains on their investments.
It could be a win/win situation for all, but it appears HAON is a long ways from ever buying enough shares to allow for the share price from returning to .00's.
I completely agree. I'm glad you see the bigger picture here. Frankie committed a huge fraud here. I'd be willing to bet that he was accumulating shares during the silence and is planning on dumping them on unsuspecting investors thinking that he is going to magically sell this ticker to the Vietnamese and get away.
I will be submitting a complaint as well. This is absolute B.S that this scammer gets to dilute others investments to oblivion & then retreat to the Bahamas to scam more innocent investors alwhile selling his POS ticker under the radar of FINRA & the SEC. Highly illegal and this ticker will get shut down - watch.
Hahaha. Yeah $HAON is a zip code changer all right. You'll go from living in 90001 to 48501 after having blown all your money away in this diluted ticker.
Holy shit nice find. Is there still an OTC stop sign on this ticker?
Anyone do any DD on who these new names are?
Regardless of the power shift here, the OS is still on the verge of being maxed out. Only an increase in the authorized share count or a reverse split will allow them to raise the funding they need.
funny $HAON is 3 days late on their move out from the long island facility and they are touting the #buyback tag like the move out is going to save so much money that they can buy back the plethora of shares they allowed to get diluted. not falling for it!
if only stuckholders and the informed were able to read the financials before throwing anymore money away on the .0002's, they'd learn that exiting the long island lease saves the company about $15-20k a quarter. Not that big of a deal, when they are ramping up hiring (* increase in the already high payroll expenses *), and probably have over 10 billion shares outstanding now.
$haon stuckholders are exactly that - stuck shareholders of $haon. notice how the last two PR's showed a very different timeline of the TJ expansion? Now its going to be early 2019 if they are even ready by then.
where's our shareholders from the 4/23 upticknews wire promo pump? buller? i'll give you a hint, they bailed when we had a bid on .0002. lol.
Correct. Did shareholders think they could ride HAON's coat tails to .01 in an imminent time frame? Very amusing, as that's NOT going to happen,. Those shareholders or 'gamblers' need to go back to the scratch off lotto tickets.
In the end, the financial statements & share structure updates issued by this company tell a much different story than the ones being PR'd and tweeted by HQ & our intern. Numbers don't lie. I await the release of the financials that will more than likely show the same exuberant payroll expenses, meager profit margins, and laughable treasury share purchases.
Have a great weekend all.
The only "run" coming, will be the stuckholders who were duped into buying shares on 4/25 - selling their shares for a massive loss at .0001 or for whatever bid if any remains at .0002..
HAON is overdue for a share structure update on OTC markets. But they more than likely won't update this information. After the massive dilution on 4/13 - it's in the best interest of the company to keep shareholders docile & misinformed - ready to buy whatever amount of treasury shares they are planning to sell to the public.
Based off financial statements - showing massive payroll expenses and the like, HAON's only shot at expansion is by selling the penny stock masses treasury shares at .0002 and buying up the disgruntled shareholders shares at .0001.. Brilliant move.
What a fantastic week of trading here. Congrats to all the day traders flipping this.
I Can't wait to buy in when this goes below $1.00 very soon.
I'd really like to know how many .0001's that were accumulated during the alpine / erop share dump on 4/13 were sold by the company when it issued the pr on 4/25.
I hope they will use that capital to find a way to expand profit margins. Or else we will be stuck in the low trips for a very long time.
Can HAON get its spending under control? Q4 2017 financials showed a drastic reduction in profit - due to a near doubling of payroll expenses. More personnel was hired, yet, in q1 2018 - it was reported via PR that the revenues stayed about the same. Why was this? Did HOPP reach its maximum production capabilities? After all, they did downsize from a 5,000sqft facility to a 3,000 sqft facility.
If the increase in payroll was associated with more employees being hired, one can assume that unless quarterly revenue exceeds the previous quarter - that the profit margins will stay about the same.
So where do we go from here? How will HAON continue to expand its acquisition base & HOPP? With a share structure that is on the verge of being maxed out, and a "commitment" to not reverse split the share structure - the only logical move here is to raise the authorized share structure. With HAON's business license being expired, and fees being owed to the NVSOS - they cannot add anymore amendments (* authorized share count increases ) without paying these fees. These fees exceed $6,000. When the company is only pulling in $20-30k per quarter in profit, it leaves little money to buyback shares or expand the company with.
Wednesdays PR trade volume was influenced through uptick newswire, and a P&D group. Notice how not only the trade volume, but board post count has significantly gone down? While the bid at .0002 may have increased some, it will eventually be taken out as these pumpers try to sell chunks of what they purchased on Wednesday back to the market. Smart move, because eventually the only way out will be to sell your shares at .0001.
Hmm your on to something, and that would be great if true, but I'd like to see proof that they can put in a GTC order on days that don't fall within the blackout rules and get filled on the ones that do.
I've searched all over online and i can't seem to find any loophole talking about this.
They can't buy back yet bucks. Remember the blackout period rules.
The good thing is about a billion or so shares that were purchased yesterday are now trapped at .0002. The only way out is to sell into the .0001 bid.
Hopefully the majority of those that bought into the .0002's won't need that money anytime soon. Because it's going to be a very long wait. Especially when the market discovers the little profit they may or may not pull in on the q1 financials.
Your joking right? Amazing report? Uhh.. that report is almost 6 months old. Way out of date information.
Who cares who the name is. Do you want another canoe pool / Santo fallout to happen here? At this point, it's just a customer. Be thankful they have a relationship with a large entity & let them work without OTC investors trying to ruin the deal.
Haon should have stated how much revenue they anticipate receiving with the new client. It could have been a $500 order or $200,000 order, again how are we supposed to know?
So much left to question in this PR it's ridiculous. More so than almost $70k worth of press machinery being purchased most likely with dilution in q1 that won't be put to use until sometime in q3..
Come on haon. Stop putting out updates. Eventually the market will lose interest because your stock is just about un tradeable. Traders can't even 1 tick flip this because the float is so bloated here.
So here's what needs to be done:
*Don't put out anymore updates.
*Stop spending so much of your profit on payroll.
*Launch an aggressive marketing campaign for HOPP. Reach out to as many stores as you can.
*Form an overnight manufacturing crew to work on additional orders.
*Sell off excess long island HOPP equipment & material if it cannot be used in the near future. Use proceeds for the buyback program
*Maintain the large 2 billion share bid at .0001, while also time from time placing a smaller 100 million share bid on the .0002's.
*Absorb as much of the float as possible until volatility is achieved to where this can run again.
*Flip those treasury shares in lots that won't kill a stock run. Use the proceeds to expand HOPP & continue vertical integration moves. Purchase out the TJ 5,000 sqft manufacturing facility and use this facility to serve the west coast and Midwest markets.
Repeat this process as necessary, until fundamental valuations call for profits to be put towards a large share retirement that will boost the share price to .01-$1.00
That's how it should be done.
Super disappointing stock & company. All they know how to do is prolong things and disappoint. Those machines they bought back in q1 that they said would be firing up soon? Yeah, well NOW they aren't going to be running until Q3!?!? We had a 1 billion share volume day and it couldn't even break out of the .0002's...
WTF!?!?
The only thing that can revitalize the volatility of this stock is a 2 billion share purchase by the company.
Agreed, our whales / "stuck holders" are probably on the verge of having a nervous breakdown. They better hope that the company follows through with the buybacks. $800 in buybacks ain't gonna cut it .
Only $200k in trade volume not that impressive. Wake me up when we have a +$1,000,000 day
No prob just keeping it real here. Let's welcome our new set of stuck holders
And yet the stock can't break out of the .0002's / .0003's. This stocks share structure is trashed.
With HAON now realizing a positive cash flow, and as previously announced, this will be utilized to buy back shares in the open market excluding the following blackout periods.
15 Days prior to posting annual and quarterly financials.
1 hour at open
1 hour before close
3 days prior to a Press Release
3 days post Press Release
No more than 25% of the average four-week volume.
LAST CHANCE TO BAIL OUT AT .0002. THE BID IS DETERIORATING.
LAST CHANCE TO BAIL OUT AT .0002. THE BID IS DETERIORATING.
$haon is a .0001+ tick flip stock. Do not be fooled. The share structure is trashed & they are barely pulling in any profit. Do about 5 seconds of DD here and save your money. Buy .0002's sell .0003's that's what the pump & dumpers are doing here watch out.
whales are refusing to buy .0003's. get out at .0002 before you become a stuck holder like the rest of the peeps here.
I'm good. I have a boatload of .0002's as it is, no need to throw away money on the .0003's.
get out while you can @ .0002 . This will not break out of .0002's.
I will buy in when the pps falls to .80 or lower.
You're right. I'm thinking if they drop the PR today in the a.m then they could make a purchase on next Monday the 30th - that is of course provided that haon waits untill the very last day to submit. 5/15
Whether or not I get the answers to the questions I seek, I will keep asking, because bottom line someone at HAON other than our intern has to be reading them.
If they want to get this stock moving they have to answer the correct questions and issue out the right kind of press releases. At this point, with their financier being unable to liquidate the rest of their note - share price is probably the least of their concerns. I anticipate seeing further open-ended PR's / "golden carrot PR's" that leave much to question, little price per share action to show for it, but plenty of share volume generated as they begin making better progress on their share buyback.
Their 4 brands - if they still even exist (* Q4 2017 financials did not show evidence *) being: PRD holdings, Pieces in Places, Cinch Signs, CenterPoint Brands should somehow tie into a "vertical integration" for HOPP.
With HAON pursuing a 5,000 sqft manufacturing facility in TJ to expand HOPP production operations, I anticipate this facility at full production bringing in aprox 8.3m in revenues. This is based off their original estimate of a 12,000 sqft facility bringing in $20m in revs.
Looks like solid progression. Will be building a position here when this cools off a bit.