Wednesday, September 04, 2013 1:48:18 PM
HBRM has been a confusing one because I’m not convinced it’s a scam – I just don’t think they know what they’re doing at times. They’ve got some very innovative products – which I believe are real – but for some reason they just can’t get beyond a niche market. To keep whatever they’ve got afloat, I think they believe printing more stock or screwing around with the price (if they were involved with the shenanigans last month) is the best route.
What’s bothered me/kept me a believer was that HBRM was the one that walked away from the merger or buyout with CHRI a year ago last spring. HBRM said CHRI wasn’t offering enough based on its current and future products. So if HBRM were truly a shell they would have taken the money and run. I’m sure someone can make the argument “well, they were greedy and wanted more,” but that really doesn’t seem plausible if they didn’t have any worth to begin with, IMO.
But like you say, who really knows sometimes. A year ago I had fists pumped; now I keep my fingers crossed with this one.
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