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The R/S is needed to (hopefully) bump the

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uber darthium   Thursday, 09/12/19 12:39:12 AM
Re: DSherman post# 217
Post # of 237 
The R/S is needed to (hopefully) bump the share price above $1.00 before we get delisted from the exchanged. Any other ideas on getting the share price above $1.00 ? (Though personally, the pennies fit the capabilities of our CEO, Todd Hornbeck and this penny stock promotion)

HOSed has no choice but a R/S. Revenue isn’t going up appreciably, debt is seriously going up and servicing this debt has gotten out of hand. More than half of the fleet is parked, half of the over valued balance sheet assets are basically rusting away with little or no maintenance, and these parked boats are going to require well over $100 million to put back into service and get classification/certifications.

HOSed is in a real tight spot with no clear way out, except for new revenue (doubtful) or bankruptcy (very likely) sooner than we think.

I have no insider information that isn’t obtainable by listening to workers and suppliers in Fourchon, Grand Isle, Leeville, Morgan City, corporate info can be derived by listening to the upper management at local Covington restaurants like Copeland’s, Dakota, The Chimes. Alcohol is always the key to unlock the information. They talk.

Their miserable financials and market conditions put a nail in the coffin of this POS. People in the world once paid over $50 for this garbage.

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