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Sunday, March 31, 2013 12:28:03 PM
It's been 5 months since the company said they weren't converted. A lot can happen in 5 months.
Note also the note was due in Jan of 2013 and since HALB had $450 in cash 5 months ago, it's likely either in default or converted, neither of which bodes well.
But the 200 million shares sold to an insider at $.001 really kills off any hope for retail shareholders, IMHO. When those shares become unrestricted, look out below. And look out for the inevitable reverse split.
Note also the note was due in Jan of 2013 and since HALB had $450 in cash 5 months ago, it's likely either in default or converted, neither of which bodes well.
But the 200 million shares sold to an insider at $.001 really kills off any hope for retail shareholders, IMHO. When those shares become unrestricted, look out below. And look out for the inevitable reverse split.
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