Fiends In Stocks

[Sanswired]

HISC...

Yesterdays PR basically stated that 4 of our officers are willing to stand with its investors, and accept preferred stock in lieu of cash payments for salary. IMO, the pr could have been written better as to not suggest that the company was in “need” of money. What they need to have is as much free cash available to expedite the transaction process as new orders come in for the Cyber Tracker. The company itself is already profitable 2 years straight and currently bringing in more revenues than they had before. The more cash available does allow more units to get produced as well. IMO, Nextel/Sprint will be selling our product.

Today’s pr. suggests that the company is willing to decrease its OS, by buying back 20 million shares. This is the same kind of incentive the investors need to hear. The stock is undervalued and should increase in price by simply decreasing the float. I’m sure that helped the officers make their salary decision as well. If you recall our run last year, they made several announcements of buybacks, which helped us increase our value. The purchase price and specifics to date have not been disclosed.

There should also be a re release of today’s pr making a correction to the second paragraph, not sure exactly what it is.

Nothing new really, but my point of view.