Replies to post #483921 on Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

CROOK NEWS: HOM & Sanders,Morris, Harris-SEC?????

Home Solutions of America-HOM receives request for additonal info from Nasdaq
HOM announced Monday that there will be a delay in listing its common stock on the NASDAQ National Market, due to the time it will take NASDAQ to review additional information provided by the Company last week. In the interim, the company's common stock will continue to trade on the American Stock Exchange under the symbol HOM.

Stocklemon.com responds to Home Solutions of America and American Renaissance Homes regarding recent PR's.
http://www.stocklemon.com/06_07_06.html
June 7, 2006

Yesterday and today, Home Solutions of America (AMEX:HOM) and American Renaissance Homes issued Press Releases attempting to "clarify" their business relationship. Stocklemon comments on what has been learned in these communications.

http://biz.yahoo.com/bw/060607/20060607005546.html?.v=1

Stocklemon is delighted to note confirmation of its belief that Alan Nazarro is indeed the Chief Operating Officer of American Renaissance Homes (ARH), as he stated in a phone conversation yesterday. Mr. Nazarro specifically made the '40% ownership' statement yesterday.

No matter how you slice it, ARH is exclusively funded by HOM and if they have not worked out their official ownership position, we understand -- considering that ARH is not even 3 weeks old. The editor of Stocklemon would note to readers that I have lemons in my refrigerator older than ARH.

In today's press release ARH states,

""ARH has received a significant number of contacts from customers interested in purchasing homes and expects to receive its first orders shortly"

Stocklemon wishes to remind ARH that it is now operating in the commercial business world, not government. "Customers" commit to spending real dollars for goods and services. ARH does not have any customers. People who are interested are not customers.

ARH is five people with a business plan and no money (except for Home Services' loan). Let us all stick precisely to the facts. Read this press release issued by the company. This was issued the day before the barrage of insider selling began. Is this Press Release crafted to induce you to believe that :

http://biz.yahoo.com/bw/060523/20060523005354.html?.v=1

1. ARH was an established company (when it was only 5 days old)

2 ARH was an independent entity (when it was fully funded by HOM)

3. Had contracts for homes (when in reality only had a business plan)

Sanders Morris Harris

Stocklemon wishes to comment on the "analyst" recommendation and upgrade issued on HOM today by Sanders Morris Harris. They should be ashamed of themselves.

Where is the "wall" between research and investment banking? At what point do analysts become cheerleaders and stock promoters? Sanders Morris Harris has kept the same price target for HOM, but "shortened up" their time frame from one year to six months. Stocklemon wishes to know, exactly what facts disclosed over the last few days caused not the target to remain the same, but the time frame cut in half...give us a break.

"In 2005, the Company paid Sander Morris Harris Inc., of which Michael S. Chadwick, one of our directors, is a Senior Vice President, an aggregate of $1,981,437, consisting of $1,867,250 in fees for a series of investment banking services and $114,187 in reimbursed expenses. Mr. Chadwick personally received no payments from the Company in connection with the services provided by Sanders Morris Harris Inc. "

Stocklemon considers it the height of irony that Sanders Morris deems Stocklemon's reporting "self-serving" in light of the above compensation. Further in a 424B3 filed on 1/9/2006, Sanders Morris employees were awarded sizable quantities of warrants at $5.50 per share in a stock registration filing.

http://www.sec.gov/Archives/edgar/data/855424/000100329706000018/prospectus1.htm

As an exercise, Stocklemon invites you to count how many references there are to "Sanders" in the above filing. You may count employees and spouses. We stopped when we got to 25.

Finally, it should be noted that Stocklemon.com has never lost a lawsuit in a court of law. Stocklemon.com is going to require that public entities that invoke references to lawsuits against it must detail the facts of those cases - such as the CEO plaintiff who was indicted on 32 federal counts of wire and financial fraud and money laundering, the CEO who has served a federal sentence for financial fraud, and the CEO who was required to pay Stocklemon's legal expenses.

AND THIS IS JUST THE TIP OF THE ICEBERG

In the coming days, Stocklemon will review the long history between Sanders Morris and Home Solutions of America. Furthermore, we will review the current auditors of Home Solutions of America, Corbin & Company. Stocklemon will also review our track record of listed companies, so anyone who might have any doubt as to our credibility and accuracy can view the truth in historical perspective, not through rose-colored glasses.

Cautious investing to all

[michael03332002]

might still yet, things looking weak and unless they start buying this up and soon

could be a ugly couple days till fridays #'s