Wishful thinking at best.
What gets me are the buybacks in 05 and 06:
1. Homeland Integrated Security Systems Board Approves 10 Million Share Buy Back - 4/26/05
2. Homeland Integrated Security Systems Board Retires 450 Million Shares - 4/27/05
3. Homeland Integrated Security Systems, Inc. Reports 50 Million Share Buy Back and Retirement - 6/7/05
4. Homeland Integrated Security Systems Board of Directors agree to purchase up to 20 Million Shares on the open market – 04/07/06
And then the dilution of shares of (I'm guessing) up to an o/s of 3 BILLION?
It's sounds like a company that's desperate to keep BA profitable (joined at the hip IMO)or afloat and/or a company that is desparate to pay its own bills and/or a company that is desperately diluting to fund acquisitions for EVSY.
IMHO, I think that HISC holders are getting the shaft while there might be promise for those that held for the ob divvy. They've diluted this thing so much that it would be almost impossible to get this stock above 1 cent without a million-dollar contract+ for CTs.
For the record, with this much volume (IMO) they have to be diluting this sucker by the millions this week.
IN 150000@.007 before div.
OUT 150000@.0059 after div. (Thank the Lord)