Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

"Change of attitude" is needed before I can get that kind of info huh? Thanks for making my point that this kind of selective information that some investors seem to have and others not have is a problem.

I consider my attitude towards HEMI, realism - I look at the limited information I can gleam from many sources and try and figure out whether this company's stock is headed up or down. I've tried to present solid facts and reference my sources as need be to bolster my conclusions.

I have no animosity to any fellow board poster here, I may not agree with their conclusions but I look at their facts / figures and see if it makes sense.

Here is some hard, cold data to ponder. Source is HEMI's own PR's and is shown in the iBox. Share structure:

April 2008 ~64M shares o/s
July 2008 ~67M shares o/s
Jan 2009 ~87M shares o/s

20M new shares were issued in 6 months during the last of 2008 time period. The o/s was only 13M away from the a/s of 100M in Jan. Where are we now? Maxed out or what - who knows? What asset was purchased for this increase in stock? who knows? Did it just pay salaries and office rent? who knows? What happens when the o/s reaches 100M, more asset sales to keep the fixed costs funded?