Scoopz I take it you no longer own HSCC. Seeing how your no longer slapping that ask to paint the close. lol
The NOBO/OBO list. HSCC shareholders are very lucky to have that information. Name one other company that provides this info. 1440 NOBO shareholder accounts, 160 OBO shareholder accounts. OBO by definition means objecting owners- they don't give out their name address etc.
The company has no information other than there is 4,004,788 (7%) shares held in 160 OBO' shareholder accounts.
That means there could be 160 shareholders or there could be somewhat less than that many.
The NOBO list provides name address number of shares owned in descending order. ie largest to smallest. The NOBO list has 1440 entries. Some of the largest shareholders have more than one account. This only makes sense. If you own between 1-9million shares you would tend to have some in Brokerage account, IRA, Roth IRA, Conversion Roth IRA, 401k, Coverdell IRA, etc.
For example
NOBO number 1 may have 4.5 million shares and belong to John Doe
NOBO number 2 may have 4 million shares and belong to Joe Blow.
John Doe may have 4 other accounts made up of different amounts of shares that add up to 9 million shares. He may have 2 million in Roth Conversion account. 1 million in a Roth account and so on down to 50k in a smaller college fund account. They won't all be listed in order of 1-5. They will be listed in the order of how many shares held in that account.
Joe Blow's accounts will be spread out as well.
As you get farther down the list to the smaller shareholders they tend to only have one listing. After all why would someone with only 1000 shares or less have more than one account.
Overall the NOBO list is very valuable information not only to the shareholder but to the company. The number one thing it does is tell us there is no naked short. The float is actually smaller that reported by the transfer agent by slightly less than a million 57 vs 58 million. If there was a naked short the float would be larger than 58 million. It also shows where all the shares are held. Most owned by relatively few shareholders. That leaves a big portion of shareholders 1000 approx that own very few shares 10,000 or less.(see facebook discussion) The long term largest shareholder is supporting the price while the impatient flippers are the ones dumping at the slightest whim. The price would not have moved up from .0030 level to the current level if not for the top shareholders continuing to buy up the float.
Scoopz simple question for you. Why would someone that owns 9 million shares want the price to go down? Every penny it goes up is worth $90,000 to them. It makes no sense for them to want the price to go down. If they own that many shares in 5 different accounts I would say they are fully invested and want the price to go up.
Rivet told us what was going to happen if and when the price went below the 50ma and 200ma after the Golden Cross. He also told us to buy SLV at $8, it was $48 yesterday. Did you get any? Today he is talking about ZSL as a good play for the downside of Silver. Were you paying attention?
The play on HSCC will come down to a contract announcement having to do with the ONYX VideoCrunch compression and the SafetyLock Compression used as the basis for a wireless surveillance system designed for large cities etc. Or a series of licensing contracts of these technologies to several large companies.
When that happens you will either be in or out. The guy with 5 accounts and 9 million shares will have a very substantial increase in Net worth instantly. His patience will be well deserved.
As all investments don't put all you money in one thing have a comfortable amount in HSCC.
