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Friday, April 18, 2008 5:47:47 PM
To outright accuse the company of doing something "illegal", is crossing a whole new line here.
IMO, H3 is providing information on pink sheets in order to maintain their "current information" status and appease investors. Most pinks dont provide anything and thus have the big STOP sign on pink sheets.
The whole point of going public is to raise capital. If you want to see some really nasty financing deals, look at anything that uses Cornell Capital. Financing deals like this are not uncommon on the pinks and often are much worse.
What I dont understand is why now suddenly the promissary note filing from almost 4 months ago is the current topic of conversation. It's old news and appears to be just another tactic to keep a negative sentiment surrounding the stock.
I cannot just assume that the BOD are just pocketing fists full of cash, they could be reinvesting into the future of the company, or financing the conversion for the newest HHSS in Miami. Who knows. I read the filings when they originally came out and I am still holding.
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