Unfortunately I do not know the identity of the firm but I do know the auditors demands have been mostly satisfied and they are in the final stages of the process so they can finally be released to the public.
I share your belief about what the future holds -- we will likely see a massive amount of information released at once. I imagine it will be much, much larger than corporate update released on May 24th, 2010, and it should reveal the identities of all our corporate spokes people (5-6 already confirmed by JP's excellent DD), reveal their corporate vision, and set the stage for a great 2011.
Chris has mentioned not wasting cash on fluff PR's, and I believe he is sticking to that plan. This strategy has obviously not sat well with the short term investors who have ridden this down from buyout levels, but I believe long term investors will ultimately have their day in the sun. Chris has basically given Tim free reign to do whatever he wants with HM3, and they have been hard at work all this time, creating a solid backlog of already complete informercials and signed deals with powerhouse names in the industry.
When ready, things will likely start to happen very fast, and there is no telling exactly when because Chris is (wisely) not revealing anything to shareholders that would compromise SEC laws and regulation. That's why I and other longs have been steadily loading these basement bargain prices.
Considering the chart on IHSN, and having watched the level 2 market depth very carefully for the last few months, I have arrived at a conclusion. The core group of longs who are steadily adding here (some of whom hold 1 million shares and others who hold upwards of 10 million and continue to add) were able to absorb all the selling which occurred through the months of September, October, November, December and January (which represents the fluctuations between .001 and .004). You might have noticed that lately, the selling has mostly tapered off, and that we have established a slight upward trend line, and seem to be holding in the .003 - .004 range. I will continue to add as I can, and I know that JP and others will continue to do so as well as long as these prices are available, leading right up to the launch!
Just to disclose: the longs that I know of who are steadily adding include: retireb, flacrusher, tank, JP, several of JP's friends, ditka, and myself. Based on what I've read on the board, it also looks like curvetrader, ljbutler, dpm58, smoke, chudd, and others might be adding as well, or may just be holding since taking a position sometime in 2010. As the board is quite dead now, I would love it if all shareholders would weigh in as we could use some fresh blood around here!
Great things ARE coming, and I will continue to add before they do.
Good luck to all investors!
AI
