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Tuesday, March 02, 2010 3:05:43 PM
Business Stage
Development Stage Company
Development stage companies go public to access capitol. It is normal for them to sell shares (not directly into the open market) in order to build the business. Once they get to the production, and sales stage, and profits begin to come in, they will usually begin a stock buyback program to reduce the O/S.
HOSS is very near the production stage, and HHHI has applied to the EPA for a grant. If the grant is approved, that equals allot less shares that will need to be sold.
This is a ground floor opportunity to buy at .0005 - .0006.
Would you rather wait until they are profitable, reducing the O/S, and pay .005 - $???. At that point it may be too late IMO.
JMHO,
SpongeBath
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