InvestorsHub Logo
Followers 8
Posts 471
Boards Moderated 0
Alias Born 01/24/2010

Re: marcg post# 34858

Thursday, 02/24/2011 10:03:19 PM

Thursday, February 24, 2011 10:03:19 PM

Post# of 119177
Depends on the O/S count you use for your calculation. HLNT just issued another 78,947,368 shares on Feb 22nd (I calculate the price at approximate .0012 - .0014 per share)

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=44368

At this rate, I'm assuming they'll use the entire 2.5 billion A/S, so at .002 their market cap is $5 million. I'll admit it does seem low, but it's hard to get any stability in the stock price when they keep diluting at severely discounted prices.