Some people are never happy, and the rest were for the most part, probably under water, not being anxious to average down. That being said, to post in any manner contrary to positivity is a show of 'missing the boat'.
I'm sure there's probably been a few posts screaming dilution, but obviously it had more to do with shorting, as the 3/24/10 PR indicates:
"The total number of HFBG shares traded March 1-22, 2010 (12 trading days) alone approaches the total number of shares traded for the entire year of 2009 (1,815,581,346 *, **), with a 42.8% avg. of Jan-Mar trades being shorts."
Chances are, it was shorting that kept HFBG from going higher than .0035, and then of course, the subsequent downtrending no doubt assisted by additional shorting.
Combine the short squeeze with the anticipation of CE removal from Pinksheets, and the expected a.n.d. financing, and yes, a new high is just around the corner. This coming week should be VERY interesting. Always loved those blue sky break-outs! Maybe .01 really isn't that far away.
From the 3/30/10 PR:
"The management of Hall of Fame Beverage is also pleased to announce that we are very near completion of negotiations for the financing of the production of a.n.d. We expect the financing to be completed within the next two weeks. This will allow the V Group to keep on its current schedule of production and allow for a Spring launch of a.n.d. It is HFBG's intention to finance this project in a way that adds value to the shareholder without exposing the shareholders and the Company to any added risk. The V Group has also been approached by potential investors that wish to add funding for a.n.d. This funding would be used for production and in no way would increase the share structure of Hall of Fame Beverage."
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