Value Microcaps Motherboard

[dickmilde]

HOM & Sanders Morris Harris Inc.

OK.. It does sound a bit sleazy but... The money that was raised by the private placement was $32 million. The amount that Sanders received is about 5.8%. I believe that is below the industry average of around 7%. As far as Chadwick sitting on the BOD goes I don't find that disturbing. Most small companies that foresee the need to raise money in the future look for at least one board member that is " Wall Street connected ".
The real garbage out there are the hedge funds that are doing insider trading and the exec's that are back dating options to maximize personal gain.

This Sanders thing has no impact on the operation of the business or the stock price. If anything they can help HOM obtain satisfactory financing.

If anyone expects impartial coverage from an analyst point of view... Unbiased reporting in this area is so rare that I found it best to avoid it all together. I subscribe to an independent source that doesn't have a stake in the business. That way I don't have to try to figure out if I'm being taken or not. It's hard enough to find good investments. I don't even read the Sanders stuff about HOM. Anytime I read that there is a banking relationship I feel like I'm reading a commercial.

Dick Milde