Hasco Medical Incorporated (fka HASC)

[RollinNbenjis]

We have covered this in previous posts. Hasco had 3 large acquisitions in one year(2012). Their CFO/Accountant at the time reported the financials not according to GAAP Accounting principles. The CFO was replaced and accounting firm was changed. Since then they have corrected their financials from that time period and are fully reporting. Hence, the reason for the new uplisting. They are in good standing with the SEC. The reason the stock price is still so low is because the Compton's own 80% of the shares. No investment firm or hedge fund will randomly buy stock in a company when there is a concentration of ownership and power in a small group. Now that they are growing organically from the acquisitions and all their senior management is in place they will be raising capital through an investment firm and/or hedge fund which will cause the Compton's to give up some shares/control. When this happens you will see a large upswing in stock price. This is a very niche business that will continue to grow in the baby boomer era. The only real problem here is time and patience. If you don't like the company then you should sell the stock and be gone.