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Re: dixiecats post# 8271

Tuesday, 07/03/2007 7:17:05 PM

Tuesday, July 03, 2007 7:17:05 PM

Post# of 130251
dixie: Maybe Michaels can explain how fully-reporting status can create "huge equity"? It should be noted that there are many fully-reporting companies that trade sub-penny. That's just a blatant pump on his part, and one he has used in the past.

I personally don't believe he will follow through on this fully-reporting claim, as I don't believe he can handle the responsibility of it.

He must divulge how much he is paid, who he issues shares to, how many shares he issues to them, how many shares he holds and sells on the market, where this alleged "financing" came from, where this alleged "$18-million in revenues" came from, and more importantly...WHERE IT WENT.

Considering HPNN's circumstances, they would not be in the red, as Michaels has announced in a PR, if they had that much money coming in.