Hitor Group Inc. (fka HITR)

[Ecomike]

I heard about this stock recently through Super Nova stockpicks by email. Did a little reading on this and their technology sounds like a scam to me, a scam that I hear about repeatedly and have heard repeatedly over the years. There must be a dozen scammers selling this same sort of magic pipe dream on Ebay already. I will say right now, I don't believe these guys have a working device like they claim, I have heard this exact sort of bogus claim too many times over the years.

That said I looked at their latest SEC report, and I can't figure out for the life of me based on their "we are broke and have a huge rat hole we loose money in" financial statement, other than the familiar phrase "fools and their money are soon parted", can't figure out why 40 million shares of this stock would be worth anything even remotely close to its current price. I am in the wrong business is all I can figure.

Disclosure: I do not, have not and will not own this stock
Experience: Hobby: Working on gas and diesel engines
Training: Chemical & Environmental Engineer consultant

At this stocks price, you have a better chance of making money in Vegas, than you do long term with this stock.