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Wednesday, April 23, 2014 8:32:44 AM
I always ask myself why negative response from a few here on the board. Is there a agenda? That is for each investor to decide. There’s always two sides to a story. Giving a negative response to a positive response is not necessarily bad. It adds perspective. You can make informed decisions using both.
I have a very different outlook on HIMR. I agree, and several LONGS agree, that dilution has been one of the overriding factors in the failure to get a sustained PPS increase. The difference from past few years to recent is the fact that management has publicly addressed the matter, and taken concrete action to reduce dilution. The company is moving from development to revenue producing. The company is in a shift, this change will be bumpy, and does not mean some more dilution will not occur, but IMHO not even close to what past patterns have been.
A few LONGS have made mention of the Dec. purchase
" Under the terms of the Contract Agreement the Company has acquired a 13.8% share in Bayano Lake Wood Products Corp and a profit share of 9%. As part of the Contract Agreement, the Company was also to have an option to purchase an additional 11.2% of the shares of Bayano Lake Products and 8% of the profit share by December 31, 2013."
This action in conjunction with HEMP consulting contract, and reduction in dilution gives HIMR validity IMHO.
LONG HIMR
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