Wednesday, February 29, 2012 2:26:58 AM
So as to being Jaded on HLNT. When I first looked at the technology back in 2010, I was very interested. Even bought into the stock at the .0132 level on the downslide. That just prompted me to do deeper due diligence, which convinced me that the stock would perform, but it had to overcome several issues. That due diligence included contacting the company and talking with key individuals, assessing their skills and commitment to HLNT, and their sincerity. Having done that, it convinced me to assist HLNT in any way I could using my experiences, helping them to get to information quicker and easier, saving them time to be able to focues on other things. It also prompted me to go to see the company, meet the management staff, view the facilities and production personnel, see a demonstration, and talk about HLNT's capability and what it would take to get it there. I came away from there even more convinced that I had done the appropriate due diligence. So am I Jaded? Oh, yes I am.
But there is another side to this, also. The due diligence that I conducted led me to believe last year that HLNT was struggling to grow, it just needed time, and support. Although I wanted to call them everyday to find out what was going on, I only contacted them occasionally, staying out of their way so that they could do their jobs. When I had offered advice or information, I had stated that they could use whatever I sent as they desired, there was no requirement on my part that they had to do what I said, or else I would sell my stock. If they made mistakes in judgement, the better thing to do was to focus on what to do next, rather than be acrimonious and insisting on blaming management for making mistakes and not having perfect knowlege. And the most important thing that I would not do is run to any board to post breaking information to make myself look important, and betraying the confidentiality of company's trust in me. Almost every bit of information that I have posted about has been "open source", public information, that everyone had access to if they wanted to get to it. As a result, I have not had to worry about HLNT 'cutting me off' with regards to information that they tnink it is okay to share. Like the rest of you, I am looking through a picket fence into the yard of HLNT, but just a little closer to the fence is all. I just don't believe in throwing rocks at the house because HLNT won't talk to me, hoping that I can frighten them enough to start talking to me again. It goes against common sense, to berate the stock that I own. If I didn't like the company and the stock, I would go somewhere else, although I would leave a warning for others, as for example, I did for EMCH when I saw how the Directors there had insulated themselves form an R/S and then put it to the shareholders. But that is my opinion.
So, I will stay here, jaded, and happily so, supporting the efforts of HLNT to grow and prosper, and me along with it, in contrast to those with the opposite opinion.
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