HPIL Holdings (HPIL)

[shotsky]

I agree. I've been in physics since the 1960's. What is being said about this vehicle is physically impossible. So, that one is going to go away. Don't bother me with 'they said it was impossible', because a perpetual energy machine IS impossible. You can't use a battery as a prime energy source without having a way to recharge it FULLY unless you only drive downhill.
Without the car part of it, I'm not sure where their revenue comes from. On the call, he talked about buying shares back, but he did not say where the cash would come from to buy them. The company is not profitable at this point, so there is no cash to buy shares. You can't buy shares back with convertible notes, because they would just convert to more shares.
Nothing said makes sense. It sounds good, but does not meet even the simplest tests of logic.
We will see if they can become current with the reversal of the name change. Even that smells, to me. They aren't handled by the same organizations.