EnviroTechnologies International Inc. (ETII)

[bluesky2]

COMMENTS ON YOUR POST:

As to management changing their mind, we were not privy to enough information for me to draw any other conclusion. I'd love to be proven wrong on the botched buyout but somehow, I'm sure management had more information on it than I do. I can only speculate based on the results and those aren't pretty as they are still being played out. i.e. lack of credibility of subsequent PRs.

All publicly traded companies are required by SEC regs to report buyout offers to shareholders. There are no exceptions. HNSS board followed thru and initially approved $.01 offer. Reasons are only speculative but there certainly is a valid argument that they approved because they logically concluded shareholders would approve as well. PPS seriously tanking at that point. ROI on buyout for most investors would have been multiples. However, overwhelmingly, shareholders declined $.01. Subsequently, on July 20th HNSS board withdrew their recommendation. There is no reason to believe anything underhanded occurred. HNSS board in good faith presented a buyout offer to shareholders and shareholders overwhelmingly rejected the offer. The board supported shareholder sentiments.

(1) There was no "botched" buyout. Shareholders overwhelmingly rejected $.01 buyout offer and board eventually supported shareholders. End of story.

(2) There is no management lack of credibility. This is Pink Sheet country and the truth is management is not required to announce anything it does not wise to publish. We are currently being bombarded by developments as they occur. I am personally extremely grateful that HNSS management is forthcoming with news. Just last week we heard that HNS Fund "...had a net gain in the market value of its investments totaling $957,000..." Then this week we learn of additional steps to expand HNS direction thru further growth "to dramatically expand its market reach..." that will lead to "...direct profits." Excuse me but your comments regarding "lack of foresight on the part of management" and "willful ignorance or incompetence" are way out of line and, quite frankly, ridiculous. If anything, management is bending over backwards to support shareholders. The facts - as recently as TODAY - reveal that point quite clearly.

HNSS management is NOT responsible for share price. Investors are. You either go with the flow or you find another investment. This is Pink Sheet country. Bear the risk, appreciate the opportunity, or move on. Those are the options all investors face.