$$ Trading for Dollars $$

[jcrom56]

FCCN and HYRF back on the SHO list this morning. Market Maker VFIN killed any rise in pps that would have resulted from the recent HYRF press release. VFIN filled buy orders with borrowed shares. I am not very knowledgable about FCCN, but I have followed HYRF and been a share holder for years. I do strongly believe that CEO George Moore and consultants BCGU are about to complete the review and independent audit of comprehensive financial statements with the intent of getting off the pink sheets. I hope that the repeated shorting which always seems to involve VFIN will be put to rest when it becomes a dangerous and risky thing to do for VFIN. HYRF management is very upbeat at present. The news of a large arsenic remediation contract in Florida was big. Sales, trials and orders for HYRF's waste water treatment equipment in both the food processing and municipal waste industries continues to grow. HYRF recently ceased to operate as a BDC ( business development corp.) and now is a "C" Corp. BDC status kept shareholders a step removed from actual ownership in any of HYRF's portfolio companies. We were instead shareholders in HYRF alone and share price was set by the perceived values of portfolio companies. But now we are true share holders in HYRF and all it ownes. BDC status is a shady and misunderstood and often abused status that made actual valuation of a company very subjective. As a C Corp. and assuming we get audited financials, we will be able to compare apples with apples and see just where HYRF is and where it is going. I believe the recent rise in pps to 8 or 9 times recent lows reflects the comfort level investors have not only with recent news showing that HYRF is not dead, but also with knowing HYRF should soon become a fully reporting entity. One last bit of overhang is a class action against HYRF brought by the Rosen law firm. I hope and believe that the consulting group BCGU is helping to get that settled.
Anyhow, keep an eye on the SHO list and market maker VFIN...you will see their handy work.

jc