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Alias Born | 07/29/2005 |
Monday, June 18, 2007 11:30:28 AM
Fortunatly Fred Wicks has some class and integrity and has pulled this thing out.But its takin a whole year to get the sales started and to get the new CT's going and ready to sell.
Now all we read is about the dilution and the pps....well....i dont know what everyone expected after a former CEO and his good buddies at the former IR firm dropped probably a half a billion to a billion shares into the float after they converted them.
A float that was designed to help HISC through its development stages and so they could sell shares in order to build the company until this point.
Now instead of us sitting with say a 1.5 billion float and sales and looking to the next level.Fred has to fix what happened.
Its going to take the rest of this year to do it.
Flippers and those with a short time table might as well sell and move on perhaps come back in the 4th quarter.
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