Replies to post #906 on Heartland, Inc.(fka HTLJ)

[davidam]

I understand that it takes $2.00 per share to reach the Amex. I am quite sure they will make this goal. That is not where this stock ends. The reason they want to move to the Amex is because they believe its a better exchange to be on as the company grows much bigger. Surely their goals are much higher than $2.00 per share. This could end up multi dollars per share over a several year period

Here is a interesting note I just found in the 10K
We already know all loans bear interest only, no convertible notes no toxic debt. We know the loans are backed by the assets of the company. Additionally I just discovered if there was a default the CEO has personally backed the notes with his own funds. What this means is he has very deep pockets as recently displayed in his stock purchasing of HTLJ. He has the power to move this company forward in a very big way

Keep in mind the largest note is paid in full next year that payment taken away alone makes this company have net profit assuming same results as last Q. Payments set to expire add up to over 31K per month. Additionally growth in their steel division is expected and the possibility of adding another profitable company through acquisition is on the table. Lee oil is heading into their busy season as well. Oil sales will rocket in the coming months