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Thursday, June 15, 2006 6:22:07 PM
Originally the Company announced that certain assets would be moved into the NASDAQ Bulletin Board company.
That's from today's PR. Now HISC has one asset, the Cyber Tracker and the rights to use the Actsoft software that runs it. They don't manufacture anything else. They have some distributor agreements. The paperclips and Post-it pads on Frank's desk don't really matter.
The gist of the PR is that they are not going to move assets into the new company. It is a reversal of the previous position and new information.
Unfortunately, this does not in any way guarantee increased sales or a better chance for survival for HISC. And since we STILL don't know the terms of the RM and the Actsoft acquisition, we still can't evaluate the new company. Today's PR simply prolongs the state of confusion on the whole operation (which could have been avoided by following through with the original promised uplisting).
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