The reality is that I believe the stock should reverse split.
If CHAMA owns this or is prepping to somehow fold HPGS into the CHAMA namesake then I believe it would be good for shareholders.
But at this point, that "if" above, is a really BIG IF.
We know from the old LOI that CHAMA demanded the current exces be released. That has happened. We know that they, and Miller Fab. wanted Miller Fab. fully separated/divested. That has happened. Miller is on their own now and quite frankly they're doing well and will do better with more time and distance separating them from the whole HPGS outfit.
The only step left is the Reverse Split. My question is why go through the trouble of relieving execs/board members of HPGS, and why go through the trouble of divesting Miller Fab. If your not going to see the final step of a R/S through? I'm sure it's an investment capital/cash flow issue at this point as it costs money for accountants and filings...but as a business man, I know I would have those ducks lined up in advance of the first step...so why didn't CHAMA/HPGS ensure their ducks were in line and accounted for?
No matter what, there has been volume on this stock... Not much and not reliable but more volume in the last two months than we'd seen in the previous months and that volume was clearly buy side volume...
Why? I don't know. It's curious.. It all very curious...
What I do know is that the company stock is headed to $0.0001 without intervention.
Either hold and pray for that intervention and risk total loss or sell, lock in losses (if you bought at a higher PPS) and walk away. It's entirely up to the individual investor.
