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WardOffMonkey

08/16/07 1:17 PM

#65365 RE: BookUmDano #65360

If I recall correctly, January, February and March were all record sales months. The only month that was PR'd as a record month in the 2nd quarter was May, leaving April and June as slower than the general trend.
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roadie

08/16/07 2:00 PM

#65382 RE: BookUmDano #65360

Bookum, I feel we are already halfway to your 3 bil add'l in Jul, Aug, Sep. The month of July just over 1 billion shares were traded. Since we dropped from .0006 to .0004, I'm guessing most of those were dilution. Aug 1 - Aug 15 around 2.1 bil shares traded with a drop from .0004 to .0001/.0002.
Again, my guess is most were dilution. Sales in July, Aug & Sep are likely to very poor. All we can hope is that the GSM and ATT approvals will finally result in some significant sales.

At this point, IMO we are around 7 bil or more of O/S.

Regarding our sales "team", no one has asked or been able to determine specifically what are HISS sales team consists of.
With over 30+ yrs of straight commission sales experience, I attempted to discuss a sales position with HISS last Feb. After numerous phone messages, emails and a resume mailing direct to Mr. Wicks w/copy to Brian Riley, all I received was a perfuntory phone response from my followup call that the sales team was currently at full contingent.

It appears to me that HISS has a serious case of "big deal syndrome". All there efforts seem to geared to the "big deals" with minor effort on the bread & butter monthly sales.

IMO, if our HISS management team priorities are distracted from sales to resolving lawsuit related matters, then management needs to be changed...
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Jimmy Quick

08/16/07 5:55 PM

#65435 RE: BookUmDano #65360

Gross profit declined from 32% to nearly 20% in the 2nd quarter. Highly disappointing for me, don't see how this came about, unless the lack of sales for the quarter caused the fixed and variable costs for the CT to increase for the period.