Thursday, August 16, 2018 6:22:33 AM
The only press release in recent history from TCKF/HITC was titled “Grasshopper Staffing Inc. Regains SEC Fully-Reporting status”. I am of the opinion that this is the only positive thing that newly appointed HITC CEO Scott Boruff has achieved since he became a highly paid (In my opinion highly over paid) consultant to the company. Actually taking TWO YEARS to get TCKF/HITC there is in my mind typical of the total incompetence of Boruff in almost all aspects of his life. (See my previous posts for details and links to my research that I base my opinions on.) But granted, if you overlook the ridiculous amount of time it took to get it to fully reporting status, it was a positive for the company. The thing is, now that Boruff has moved from highly paid (overpaid in my opinion) consultant to very highly paid (very highly overpaid in my opinion) HITC CEO he cannot seem to file a simple quarterly filing. But wait, he could manage to file for a short extension, (Chock up a victory for Boruff!) only to fail to meet the extension deadline he filed for. Why in the world would the HITC even bother filing for an extension on its quarterly filing and then choose to not file? We are approaching two months past the extended deadline. Could the reason be that Boruff under almost zero governance has already blown through the latest money he raised? (In my opinion Boruff does after all have a documented track record of greatly enriching himself at the expense of shareholders and investors as well as blowing through vast amounts of company capital with zero results; See my previous posts for details and links to my research that I base my opinions on.) Or could it be that Boruff has finally realized (Or knew this all along, but didn’t care.) that the HITC newly acquired core product IndeLiving is in direct violation of multiple patents of its multi-billion dollar competitor and he doesn’t want to have to include this in the filing because it is material to his little company and he would be required to do so? (See my previous posts for details and links to my research that I base my patent violation opinion on.) Sadly, at this point we simply don’t know. I am of the opinion that it is quite odd and sad that an initiative that took TWO YEARS and is the “crowning achievement” LOL, of HITC CEO Boruff is now in serious jeopardy. But as always, you decide. Read my previous posts which are full of direct links to my research that I have based my assessments/opinions on, and form your own conclusions.
In my opinion HITC is headed back to non-reporting status and the pink sheets and ultimately to zero.
HITC STOCK HOLDERS BEWARE!
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 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
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
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Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM