Harrison Vickers & Waterman Inc (HVCW)

[tigerpac]

Everybody is pointing to $13.8 million in assets, yet nobody is mentioning the $20.1 million in liabilities.

The company has negative net worth of $6.3 million which means at this point it is worthless , even though the stock is trading at .0005 . Even the notes on the financials say the company is worth less than zero per share.

No wonder why this stock has to get pumped so heavily. Banks won’t lend the company money and they have to rely on lenders at loan shark rates (to offset the risk) and the company’s real hope is that they can find enough “speculators” to give them money for free in exchange for shares in the Reg A.

Current shareholders will be sacrificed for the sake of future shareholders. I just don’t see it at .0015 but who knows. At .0001 they raise that $5 million immediately….it all comes down to just how bad they need the money.