Hemi Energy Group Inc. (fka HMGP)

[zguy]

Thank you, magnola. Putting money in any market in the stock market is risky and the pinks are more risky due to the volatility and lesser level of transparency. This is most definitely an important thing to know and consider. But, the reason people take this extra level of risk is due to the large gains you can get in a pink as compared to a big board stock. However, just like about damn near everything else in life where you can have large gains you can also have large losses. This is an important consideration when investing.

I also feel it does a disservice to everyone when Hemi is painted as being some kind of outlier in this market when in reality, based on most other stocks in this market, Hemi is far and above one of the better ones from what I have seen. Sure, there are things in the past that have not happened like we'd all like to see but it is not because we have a crooked CEO who had one purpose and one purpose only when starting Hemi and that was to milk investors for every nickel. That's just not the case. Hemi has had some bad luck and I'm sure even some of the things that happened, happened due to some mistakes made by them. I can live with that because the overall focus of the company and the reason I put money here to begin with continues to move forward and I believe that we all learn from the mistakes we made. Hemi has continued to grow assets and expand the business all the while I've been watching them. Yes, the shares have gone up but they are still, at last update, around 70mil o/s. That is commendable IMO especially when reading through the PRs and seeing all the acquisitions. And, to compare on the same playing field, find me another pink sheet stock which has increased their shares by roughly 35mil in the last two years (not two months!), has assets, is debt free, trades around a penny, and is paying their bills with revenues being generated from their business. There ain't many out there!

Anyway, I'm glad you got some value out of the post. Do your DD and I think most importantly, be fair and keep your expectations in check realizing what market you are investing in. If you demand balance sheets and everything else you'd find in a big board stock then not only is Hemi not for you but no pink sheet stock is for you. Take care, magnola!