InvestorsHub Logo
Followers 0
Posts 13
Boards Moderated 0
Alias Born 11/18/2011

Re: PsD post# 3052

Wednesday, 12/28/2011 2:11:07 PM

Wednesday, December 28, 2011 2:11:07 PM

Post# of 3211
How do you contact the SEC to investigate? Is there a specific email address? I want to protest Terry Lee taking Heartland private. The stock has been diluted with this specific intent. It went from about 46 million shares to 23 in a 2 for 1 reverse split about 2 years ago. I was told at that time by Terry Lee the reverse was recommended to increase the value on the stock and to get it closer to being qualified to be listed on the AMEX. He also told me prior to that, that I would be a happy investor in about 3 years. Hmm....I AM NOT HAPPY. Terry Lee acquired about 19 million of those 23 million shares. Those shares were transferred to a private company. Do you think that move was intended to insulate himself because his plan has always been to take Heartland private?

Today I see there are now 56.52 million shares which further dilutes shareholder value. I know I never got to vote on anything. Did You? It would not have changed the course of events since Terry Lee controls the company. However, he does not represent my best interests or anyone elses. Over 6 years ago I was one of the top dollar investors in the company. I have attempted to get my money back ever since. Today my "investment" is worth a fraction of what is was. I sent Terry Lee an email dated Nov. 1, 2010 asking if he was planning to take Heartland private...I got no response. Here we are one year later and guess what? Who do I talk to???
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.