Monday, May 30, 2011 3:12:26 PM
(1) HNSS has been around for 10 long years. No "shell" can last that long without at some point going under. HNSS is for real.
2) The company till now is self-funded. Someone or some entity, historically, has been shoveling them cash to move forward. For self-funded companies, share price swings are irrelevant.
3) Short of outright fraud, we are informed viz-a-vis multiple PRs the company is earning profits. Companies that make money have intrinsic value -- despite share price.
(4) HNSS has executed legal contracts buying and selling legal business entities for purposes of increasing return on investment (Worldwide Wipes is an example). They are a legitimate business with a legitimate growth cycle executing a legitimate plan for success.
(5) The company retired 240 million shares of stock in 2010. They're serious about closing the loop on outstanding shares and float.
(6) They are voluntarily transitioning to Full Disclosure prior to end of June this year. No legitimate business enterprise would make such a decision unless they are willing to stand behind their previously publicly disclosed storyline.
(See my iHub post #24045 for all related HNSS PR backup references.)
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