smith111, i'll try and help a little but i highly encourage you to go back over the past few weeks of posts (probably a thousand though) becuase there were some good conversations (unlike the ones concerning chisox). i hope this helps:
Positive
1. Savannah Project (do more DD on this) coupled with the growing Homeland Defense spending. Contracts are already rolling in overseas, but we haven't even tapped the keg here in the U.S.
2. Big agreement with Nextel to develop and market their products. HISC's business plan appears to be a one stop shop for security. They have the CYBERTRACKER with Nextel, the CYBERNOSE from IMX, and other security checkpoint things that they can help with.
3. Compared to other pinksheets, HISC is about as close to moving to the OTCBB as any stock I have seen. With only 450 million ish outstanding shares and of those only about 200 million in float there is not a saturation problem. The company appears financially stable and as these new contracts roll in their free cash flow situation will improve. Only time will tell.
4. I know u ask for 3 but I can't leave off Bennett. Mr. Bennett joins the HISC team after serving as a member of the Bush administration. He is well connected politically both here in the states and in the Middle East. Most of us feel that we have him to thank for the recent contracts.
Negatives
1. Big competition. Homeland Security is a hot sector that everyone wants to be in right now. Not hard to justify the need for their products. (Study the Savannah Project to find out how HISC has slight advantage on some of the competition).
2. Recent contracts overseas have both been with ProSec. HISC has a contract with a school system to put their trackers in buses, but more contracts are needed outside of ProSec to really show overall acceptance of HISC's products.
3. Government contract process sucks. First HISC will have to be GSA certified, then they will have to prove their product is the best for the money. They will have to compete for a contract, which may squeeze their margins.
There are more of both, but in my opinion there are twice the postives then there are negatives. Recent dips in the share price have not been caused by any negative publicity, just some of the early holders taking some profits and of course the effects of our new basher friends. GLTY.
