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Re: integrity1st post# 15851

Wednesday, 12/28/2005 6:51:39 PM

Wednesday, December 28, 2005 6:51:39 PM

Post# of 92056
integrity1st....Is the SB-2 supposed to be good??? It does explain the massive dilution and raises lots of red flags. BTW, it's not listed under HISC at Pink Sheets, you have to use the company name to access it. IMO, the filing of the SB-2 was the time to sell.

"This offering is being conducted by our officers and directors; there is no minimum offering amount.

We intend to conduct this offering through our officers and directors who have no experience in selling securities. In addition, there is no minimum offering amount. While we do intend to continue the offering until all shares are sold, there can be no assurance that we will sell even a minimum number of shares. Should this happen, we will utilize other means of raising capital. Our ability to continue our growth will depend on our ability to raise capital from other sources.

An arbitrary determination of the offering price increases the risk that purchasers of the shares in the offering will pay more than the value the public market ultimately assigns to our common stock and more than an independent appraisal value of us.

The offering price for the shares was arbitrarily determined by our management. The offering price bears no relation to our assets, revenues, book value or other traditional criteria of value. Investors may be unable to resell their shares at or near the offering price, if they are able to resell the shares at all ."


Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.