Grupo Resilient International Inc (GRUI)

[YankeeAce]

ASHEVILLE, N.C.--(BUSINESS WIRE)--June 7, 2005--Homeland Integrated Security Systems, Inc. (Pink Sheets: HISC - News) announced today that the company has concluded negotiations to buy back 50 million free trading shares in exchange for Preferred Restricted stock.

NOTE1: I'm very interested in this stock, but the above statement worries me. They may be retiring 50M but replacing with preferred. Seems like management owns like 64% of the shares, could they be protecting themselves? At least the shares are restricted, but I would like to know if the preferreds come with a dividend.

NOTE2: Does anyone know where I can find some more information on what this company is basing their revenue projections on? I see the potential market, but then they throw figures out there for the next three years. I would just like to see management's plan that these figures are based on. But I guess you get what you get with a pinksheet.

NOTE3: This is my first posting. I really like this board because of the limited pump and dump. I don't mind people posting their stocks for others to view, but I hate all the hooplaa. I'm in TERA and TWOC right now, holding on to mostly cash since the beginning of the year. HISC is very interesting but I wanted in a little lower. Still considering even at this level. Also like HTRE and PLNI, both pinks, any comments???

Thanks,
Chad