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Re: Vandalayind post# 23631

Friday, 11/10/2017 11:52:51 AM

Friday, November 10, 2017 11:52:51 AM

Post# of 59919
$150,000 will buy Zero shares.

$150,000 won't even put a dent in the $5.4 million in liabilities that HAON showed on its balance sheet last quarter.

Until HAON has enough cash to cover all of its debts it cannot buy shares per Nevada State Law.

Plus you are assuming those $150,000 in revenues come at $0 cost to the company which is impossible. All businesses have expenses. Employees to pay, taxes to pay, operational expenses, administrative expenses, cost of operations, cost of goods sold, etc.

Be careful just going by what a penny stock CEO says in press releases. Keep in mind that this is the same CEO that promised an audit months ago that never came, that claimed millions in revenues that never showed up on the balance sheet, that said no more dilution in July yet 1.3 billion more shares entered the float in August and September anyways. I can keep going but you get the point.