Miller Energy Resources stock approached $9.00 based upon the fraudulent inflation of assets that were purchased for $2.25M and were then inflated by the company under the leadership of Scott Boruff to almost $480,000,000.
Miller Energy: The rise and fall of Knoxville's would-be oil empire
http://www.knoxnews.com/story/news/local/2017/02/10/miller-energy-knoxville-would-be-oil-empire/97557876/
So I have to assume “slambino” that you expect Boruff to find some asset available for around $2M that under Boruff’s leadership can be fraudulently inflated to the tune of 240 times its value to reproduce a pumped up stock price not remotely tied to company value; AGAIN.
In my opinion the odds of that are slim to none. Personally, I prefer to bet on leadership who has a proven record of success and doing things the right way.
HITC STOCK HOLDERS BEWARE!
Based upon my research, it is my opinion that Mr. Boruff leaves a trail of destruction everywhere he goes, in business, in real estate, everywhere. My opinion is that it is not in Boruffs DNA to do things the right way and nowhere in my research have I seen evidence of his success. I am also of the opinion the HITC story is not going to end well. But you decide. Read the links in this post and in my previous posts and do your own research.
More soon.
HITC Stock Opinion: This is not going to end well. HARD SELL
The above stated assessments/viewpoints/opinions put forth throughout my posts are based upon details available to anyone and were discovered through simple research and are for informational purposes only. They are simply my opinions, not advice. I encourage you to consult a professional financial advisor and do your own independent due diligence, research and analysis when evaluating company leadership or considering investing or divesting in public companies. Whenever possible, I attempt to do my best to provide links or references from my research to provide you with insight into the details that I formed my opinions from, and also so that you can more easily initiate your own research and perform your own due diligence which I strongly encourage you to do.
Recent HITC News
- Form 5 - Annual statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 05:27:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 07:32:43 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/09/2024 07:25:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 07:17:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/20/2024 10:03:00 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 06/11/2024 03:03:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:28:33 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/20/2023 04:00:29 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 12/15/2023 09:05:30 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/13/2023 09:29:11 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 10/30/2023 12:00:16 PM
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