New Bottom Play ~HRRN~ .0007/.0008
HRRN — HE-5 Resources Corp. -- pps .0009
52 wk range: .0008 - .048
Historical Prices
Date Open High Low Close Volume Adj
Close
2010/09/02 0.00090 0.00090 0.00070 0.00080 9,313,000 0.00080
2010/09/01 0.00090 0.00090 0.00080 0.00090 11,010,988 0.00090
2010/08/31 0.00090 0.00090 0.00080 0.00090 2,495,000 0.00090
2010/08/30 0.0011 0.0011 0.00090 0.00090 4,322,510 0.00090
2010/08/27 0.0010 0.0010 0.0010 0.0010 8,020,500 0.0010
2010/08/26 0.0011 0.0011 0.0010 0.0010 4,642,518 0.0010
2010/08/25 0.0010 0.0011 0.0010 0.0011 2,508,554 0.0011
2010/08/24 0.0011 0.0011 0.0010 0.0010 614,100 0.0010
2010/08/23 0.0011 0.0012 0.0011 0.0012 3,669,253 0.0012
2010/08/20 0.0011 0.0012 0.0011 0.0012 817,935 0.0012
2010/08/19 0.0012 0.0012 0.0011 0.0011 1,676,000 0.0011
2010/08/18 0.0011 0.0015 0.0011 0.0011 4,856,400 0.0011
2010/08/17 0.0011 0.0011 0.0010 0.0011 16,616,000 0.0011
2010/08/16 0.0010 0.0011 0.0010 0.0010 2,165,387 0.0010
2010/08/13 0.0012 0.0012 0.0010 0.0010 4,272,100 0.0010
2010/08/12 0.0013 0.0013 0.0011 0.0012 3,612,000 0.0012
2010/08/11 0.0013 0.0013 0.0012 0.0013 548,125 0.0013
2010/08/10 0.0014 0.0014 0.0012 0.0012 1,729,000 0.0012
2010/08/09 0.0014 0.0016 0.0013 0.0013 9,076,924 0.0013
2010/08/06 0.0014 0.0014 0.0011 0.0014 1,190,570 0.0014
2010/08/05 0.0014 0.0014 0.0012 0.0012 3,524,729 0.0012
2010/08/04 0.0014 0.0015 0.0014 0.0014 1,241,750 0.0014
2010/08/03 0.0014 0.0015 0.0013 0.0015 3,941,484 0.0015
2010/08/02 0.0016 0.0016 0.0014 0.0014 4,144,300 0.0014
2010/07/30 0.0015 0.0016 0.0013 0.0016 8,868,284 0.0016
2010/07/29 0.0016 0.0016 0.0014 0.0014 5,314,661 0.0014
2010/07/28 0.0016 0.0017 0.0015 0.0016 2,130,300 0.0016
2010/07/27 0.0017 0.0017 0.0016 0.0016 1,282,597 0.0016
2010/07/26 0.0024 0.0024 0.0015 0.0019 1,326,333 0.0019
2010/07/23 0.0016 0.0024 0.0016 0.0023 1,790,150 0.0023
2010/07/22 0.0021 0.0026 0.0015 0.0016 12,968,576 0.0016
2010/07/21 0.0020 0.0026 0.0018 0.0025 4,672,918 0.0025
2010/07/20 0.0028 0.0028 0.0016 0.0016 3,028,209 0.0016
2010/07/19 0.0035 0.0035 0.0026 0.0027 4,750,647 0.0027
2010/07/16 0.0014 0.0050 0.0014 0.0030 31,128,202 0.0030
We are a developing service company, offering innovative and proprietary software solutions, to deal with "Customer Relationship Management" (CRM). Our integrated software suite was designed for the needs of companies to increase profitability and improve productivity of the "front and back office operations" (e.g. billing, marketing, finance, e-mails, etc...).
With business relationships, and CRM data that needs to be tracked and analysed, the proper tools will encourage cost-efficient customer oriented relationships. Furthermore, with the accelerating shift to "software as a service" (SaaS) delivered via the internet and the incorporation of social media (web 2.0) in the person's private and work environment, the versatile CRM software, which forms the base of our TBB (Trading Barter Bank) platform, will become a necessary and advantageous software for businesses and individuals.
Estimated Market Cap
$1,628,750 as of Sept 1, 2010
Outstanding Shares
1,809,722,408 as of Jul 29, 2010
Authorized Shares
2,000,000,000 as of Jul 29, 2010
Float (shares)
531,253,422 as of Jul 29, 2010
Number of Shareholders of Record
660 as of Jul 29, 2010
TOTAL ASSETS $7,202,877
TOTAL LIABILITIES $4,552,312
President Beauchamp's address in February. He has been busy since.
Ladies and Gentlemen,
It is with humility and great pleasure, that I accept the honor, and responsibilities of being your president. We would not be meeting here today, if not for the previous president’s tremendous work and progress accomplished with his chosen staff. He will remain with us as a close friend and advisor.
It goes without saying, that this new administration will be announcing important changes, but that there will be continuity in our direction. This is the message we have received from our shareholders, and we take this occasion to thank them for their loyalty and support. We would like to also thank our financial partner, Jameson Capital SARL, who has shown the same qualities, while guiding us. We have also heard their concerns, as to rapidly creating a revenue stream, in order to increase shareholder’s value.
Developing such a sophisticated product like TBB (Trading Barter Bank), is a commitment that requires an extensive investment of capital and human resources. At this stage, we acknowledge and appreciate the dedication, and devotion of you and all our staff, who are an integral part of HE-5. We have grasped the crux of your message: at the heart of all research and development for the TBB platform, are “customer relationship management” (CRM) software modules, that are ready to be commercialized, as per various customer needs, and without affecting our “Bartering” platform.
Consequently, I officially announce that our administration, will be immediately putting into place the necessary structures to launch and sell our CRM productivity suites. In the next few hours, a committee will be formed to plan and outline, the commercial business aspects of this venture. My instructions will be straightforward: attain our penetration objective of half a percent (0.5%) of the CRM market. This will represent approximately forty-five million ($45,000,000) dollars of a growing, nine billion ($9,000,000,000) dollar annual CRM market, according to “Gartner Inc.” and their research in information technology (IT).
Obviously since our human and financial resources are constrained, we have decided to limit future international investments for the opening and evolution of franchises in our TBB platform. This will allow us to reallocate our energies and capital, towards the marketing strategies of our software. However, the development stage of TBB will continue internally.
At this moment in time, I would like to address and remove any concerns, in relation to two contentious issues, that have affected our staff.
The first point raised, concerned the relocation of our programming group. There will not be any forced transfers! Our planned office in New York will be an “executive” one, to simplify our commercial transactions in the United States (US). If however, we need to open a research and development center in the US, this decision will be the responsibility of the programming team.
The second area of concern, were the royalties promised to developers and programmers. In accordance with our financial partners, our engagements will be respected within reason, but you will be expected to conform to the confidentiality agreements
As to your wishes, our trademark logo will remain the five horses. There is the “Big Apple,” and the other “Apple,” and now there will be five (5) horses, representing our five CRM software solutions!
For those who know me, and for those who haven’t had the pleasure, I have a specific issue to bring up at this point: On Monday, before my first coffee, I will mandate a specialized firm to monitor any and all malicious smear campaigns. Based on their information, I will instruct our lawyers to engage and actively pursue all persons and entities that libel our company.
Before I forget, I would like to thank our technical support staff, for making possible this conference. So on that note, enjoy your meal, and let’s get to work!
Daniel Beauchamp
CHECK THE RECENT LOI/MERGER NEWS RELEASES:
We are close to this launch:
LOI Update: HE-5 Resources Corp. Completed Due Diligence, Global Marketing Venture to be Operational Within 90 Days
NEW YORK, July 15, 2010 /PRNewswire via COMTEX/ -- HE-5 Resources Corp. (Other OTC: HRRN.PK) Today announced the due diligence agreement was accepted and signed with the private company. As originally proposed the LOI (letter of intent) dated April 29th 2010 was then subsequently negotiated and amended with HE-5 Resources on the 2nd of June, 2010. HE-5 Resources has resolved all outstanding issues concerning the proposed structure of the international call center and marketing department set-up of a jointly operated global marketing venture and customer service center. With the accelerated protocols already agreed upon, the call center will be operational in the next sixty (60) to ninety (90) days. This shall be fundamental for the expansion of Triple Crown's CRM and shall answer the needs of our current and future customers.
Since June 2nd, the private company had requested additional time in order to complete their offering. The private company has completed their due diligence and the Board of Directors have agreed to release all details within the next 24 hours.
Offer to Purchase Shares at $ 0.018 Tendered to HE-5 Resources Corp., as Well as Investment of $ 320,000 USD. Positive Financial Impact Foreseen!
NEW YORK, July 16, 2010 /PRNewswire via COMTEX/ -- HE-5 Resources Corp. (Other OTC: HRRN.PK) is pleased to release details on the LOI (letter of intent) dated the 2nd of June, 2010, which will provide a positive financial impact for HE-5 and shareholders alike. The private company Kochi International Inc. has tendered an offer to purchase 10 percent of the outstanding shares of HE-5 at a per share price of $ 0.018, along with an agreed upon investment of $320,000 USD (15,000,000 INR (Indian Rupees)) as part of the agreement.
This amount will be used to fund the creation of a jointly operated global marketing business and customer service center based in India. The focus of this endeavor will be to promote and sell Triple Crown CRM's Mustang Suite (Mustang-Look, Mustang-Web, Mustang-Boss, etc.) and all future SaaS software programs as they become available. He-5 Resources wishes to thank their shareholders for their patience, as Triple Crown CRM will have the marketing support to expand their customer base.
HE-5 Resources Corp. Receives LOI for 49%, July 20th, 2010, After Closing Bell
NEW YORK, July 21, 2010 /PRNewswire via COMTEX/ -- HE-5 Resources Corp. (Other OTC: HRRN.PK) received a formal LOI ( letter of intent) on Monday, July 20th, 2010, at the end of business day, from an Israeli law firm based in Tel Aviv. This letter was addressed to HE-5's legal counsel and President Mr. Beauchamp, and the following was stated by the law firm representing Bat-Or Investments Inc. that it intends "to make a formal offer for 49% of HE-5 Resources Corp. control block." HE-5 Corp. board of directors have no choice but to seriously take this offer into consideration and reconvene and review it immediately.
At this time, the company has requested all necessary documentation as well as confidentiality agreements. The Board of Directors will keep shareholders apprised.
HE-5 Resources Corp.'s Tender Offer and $320,000 USD Investment Agreement Remains in Force
NEW YORK, July 22, 2010 /PRNewswire via COMTEX/ -- HE-5 Resources Corp. (Other OTC: HRRN.PK) presently stands in the following situation: With respect to the offer of July 15th, 2010, by Kochi International Inc., who presented an offer to purchase 10 percent of the outstanding shares of HE-5, together with an investment of $320,000 USD, the agreement remains in force.
Both Kochi and HE-5 are pleased to work together with Bat-Or Investments Inc. with an implicit bond and trust which will translate into a more effective and positive impact for the international branding of Triple Crown CRM. Kochi has already begun hiring sales associates for outbound US, UK and Australian shifts for Triple Crown CRM software suites. These events reinforce President Daniel Beauchamp's vision.
