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Re: bluesky2 post# 43007

Friday, 09/27/2013 10:30:43 AM

Friday, September 27, 2013 10:30:43 AM

Post# of 54312
Agreed ECP seems to be a solid company, just found it odd I can't submit questions on their website.

Also, their criteria for investing in small companies doesn't really seem to match up with HNSS as it currently stands. Namely...
Investment Criteria:
Company Size
$500,000 – $2,000,000 in free cash flow
Minimum of 10% cash flow margins (EBITDA less regular cap ex)


HNSS is much smaller than the above criteria. So, if ECP is indeed working a deal with HNSS, one can conclude that there are big things in the works.

ECP is also on record (HNSS filings) has providing a $30k bridge loan, whereas on their website they say they make investments between $2MM and $10MM.

Lots more information is needed from HNSS in order to figure out the ECP connection. Hopefully a strategy is being put in place make HNSS a credible and legitimate company that will reward its shareholders who have been here for multiple years.