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Re: Agent1107 post# 241872

Friday, 04/06/2007 1:01:30 AM

Friday, April 06, 2007 1:01:30 AM

Post# of 286611
Agent, another example of the affects of dilution. This company, HISC, did not actually go up at all today with this news. Hit .0009 a couple of times during the day but settled back down to no change of .0007. Had hit 7c a year ago and steady downhill ever since. Going to take a Goliath of a happening to move it or us.

"Homeland Integrated Security Systems Reduces the Number of Outstanding Common Shares of Stock by 16%

Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the Company has removed more than 826,000,000 common shares from the float during the first quarter of 2007. This action reduces the number of outstanding shares to 4,207,586,254, which is more than a 16% reduction since December 31, 2006."