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Re: danceswithmoney post# 351

Thursday, 12/02/2010 12:34:41 PM

Thursday, December 02, 2010 12:34:41 PM

Post# of 716
OK, how about nonsense deals?

These companies don't have a million dollars worth of HLNT produced inventory. They drop ship outta HLNT. In other words if a customer wants a unit HLNT would ship it and the customer would pay the RV company retail and the RV company would pay HLNT dealer cost. There will be no 1 million in sales a qtr nor has there ever been. Ck it out. Call the company yourself. Get the unit cost to the RV customers. If it's 500 bucks they'd have sold 2000 units last qtr. Since the PR on the association didn't come out durin the period reported it's pretty hard to have made those sales. An LOI means nothing but intent. Financials ans sales are real numbers. Look again at the reported financials and you'll see that the million in sales is a sale of equity. Now why don't yuou go to work and report back on the equity your directors are selling. That needs to get done because they don't file 8k information statements that would be required to be complete and accurate concerning a material event.

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