Excellent post from back in the day, which also points to reasons why SHs (me, included!) should have been warned:
'Saturday, 12/12/15 12:21:24 AM
Re: Richby30 post# 24476
Post # of 24492
Thats one way of looking at it, but there is a more plausible way of looking at all this by looking at the big picture. No doubt the company and product is legit. There is no argument there. The EPA has endorsed it. Flip side of that...I guarantee you this company has gotten enough attention with the EPA award to the point where it is now caught up in the politics over who is going to lead the PU industry revolution to retool everything to keep up with EPA non-isocyanates policies over the next 5 years. All the PU giants are caught with their pants down and HCT is in the middle of it all with it's hands out with a solution but for a price. This puts all the PU industry giants in a very uncomfortable position of having to bow down to this little guy. It could very well be that we are seeing some very hostile action to the company but we are all distracted by daily price movement and speculation of heavy dilution. Basic bro problems.
Problem is that the dilution theory does not fit into this picture. The amount of volume we are seeing vs amount of shares that were issued out does not add up at all. The note holders never had the amount of shares you see going through. A lot of games being played with naked shorts and shifting of shares to bring this lower is the only reasonable explanation. There have been many respectable people on this board that have offered up explanations and estimates of note conversions but it seems after we all think the selling is finally done we get hit again time after time.
The past 2 months we have traded 1,827,465,004 shares. If you consider the fact there have been many longs holding majority of the float then nearly 2 billion in volume being mostly sells does not add up considering there were only 360 million shares that were issued and supposedly those were to have been used to cover the shorts that took the stock down to the high .001x range. The fact it looks like an additional 300+ million were dumped could be a result of all the longs unloading or it could be they covered with the conversions but now they are playing more games by issuing more naked shorts because there is nobody that is holding that many shares that is going to dump in a single day.
Nothing is pointing to the company issuing out 100's of millions more shares and dumping them out on the market. They have come forward plain as day as to what has been issued out so that is the least likely explanation. What is left is pure hostile manipulation to funnel all the shares into the hands of whomever may benefit from owning most of the commons.
I feel like there are only 2-3 people on this board that would get it. The rest probably think this would be a conspiracy theory but time will certainly tell how this plays out. Either i'm a complete idiot and missed something fundamentally or i'm the crazy guy that could be right.
Realize your trading
***
Dec 11 Friday smackdown
If that is what is going on then it does explain the downward spiral that we have witnessed. Those games would guarantee an almost complete wipe of all shareholders, a complete lack of confidence for anyone to build any significant position and easily shake anyone into selling with any small price upward movement. All those new guys that showed up on this board spewing out "buying 100 million" are full of crap. If there was any significant buying it got dumped Friday. The fact we did see MAXM show up Friday tells me it has been mission accomplished and now they are doing a final clean up to scoop up the 90% of the commons as they will surely sit on the bid and be in complete control as they move the bid up and vacuum up everything.
One thing is certain is that HCT management really f'd up by taking those lenders money. Im sure the management realized this and are now saying to themselves "never again". This has been a long time coming to this point. This has obviously been planned out over quite some time. Either that or those notes were bought from the original lenders in order to orchestrate such an attack.
AI
