EnviroTechnologies International Inc. (ETII)

[bluesky2]

IMO you present a well-reasoned argument. Let me respond to the following:

Thousands of PS stocks sell unregistered shares into the markets. Most of the DTC issues are arising from that fact, I haven't seen HNSS on any DTC list though.

The key issue here in relation to HNSS is attempting to define the profile of companies selling unregistered shares...

(1) Have they been OTC listed more than 10 years?
(2) Have they reported profits to OTC last two quarters?
(3) Have they announced virtual elimination of balance sheet debt?
(4) Have they as "limited Information" voluntarily published financials?
(5) Has their chairman been an officer of the company for more than a decade?

Investors must make subjective decisions at the Pink Sheets level. I'm guessing that those companies choosing to "...sell unregistered shares into the markets" in direct violation of SEC enforced sanctions are willing to do jail time. Let me repeat: Jail time. Such activities are felonies.

Look at 1 thru 5 above. Does that sound like the profile of a company selling unregistered shares? Not to me. Maybe I'm wrong but as an investor I'm more than willing to subjectively conclude HNSS does NOT meet the profile of such companies. As a matter of fact, exactly the opposite.

We never really know all the facts at this level until companies become fully reporting. HNSS could be lying to OTC, SEC and the market for over a decade. As an investor, however, I'm more than willing to roll the dice. Risk / reward -- in my view -- is a slam-dunk on the side of financial opportunity. IMO

Again, you make very good points, Realityhurts. On this issue which amounts to the potential for naked fraud on the part of HNSS management, I just don't see that potential in the cards. We're way past that moment in the business development arc. I would say years past that moment if the potential ever existed. HNSS is trying to sell legitimacy. Respect. Opportunity. The last thing they would do at this point in time is risk management jail time, not to mention years of investor litigation in the civil courts. For all that can be said about downward spiraling PPS, the fact remains: Healthnostics, Inc. IS NOT a typical Pink Sheet company. Several layers of very exhaustive DD make that point. Loud and clear.