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Time To Roll

05/21/08 11:28 PM

#35544 RE: bdahl385 #35542

T Trades are after hours trades. Below is the company's explanation.

"Hemi has 64,394,000 shares of stock outstanding. Hemi has never issued convertible debentures, preferred shares or any other forms of toxic financing and Hemi also remains debt free. Neither Hemi nor Hemi's management have sold shares in 2008. Therefore, Hemi's opinion is that after hours postings are not shares being sold in volume but are predominately reporting of transactions from the day. Hemi's artificially low market cap is substantially below book value based on conservative oil and gas industry standards. We believe, as oil and gas reserves are proved up in several states, that a realistic value will be assigned based on assets."

http://biz.yahoo.com/bw/080417/20080417005659.html?.v=1