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Re: wadegarret post# 74156

Thursday, 06/07/2007 10:18:58 AM

Thursday, June 07, 2007 10:18:58 AM

Post# of 173859
HSOA, Wade I don't think this story is nearly as clear as you picture. While I don't think that HSOA fabricated those contracts out of thin air, I do believe that they stretched the truth just like they have done in the past. Also the market isn't convinced either as the SP was still down for the day yesterday and it is also down again this morning. Here's my post as to why I think they were premature in announcing the FL contract:
http://www.investorshub.com/boards/read_msg.asp?message_id=20226179

I was looking at the banter on HSOA's board over at Yahoo. One comment that several made is why would HSOA mgmt announce those contracts if they were not true since insiders haven't sold any stock this time like they did after those controversial pump and dump announcements last year? Interesting thing is that some insiders including the CEO and CFO bought stock early last December. Fradella filed the notice with the SEC of his purchase on 12/04. After getting burned by it last time, I am sure that they are well aware that under SEC regs they need to wait 6 months minimum between buying and selling stock at their company. That 6 months period ended just about the same day that lemon's blog came out. Maybe lemon squashed their plans to sell stock again??? I don't know but they sure can't sell now after all this. Bottom line- mgmt can't sell but I sure would if I still owned it.

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