Nice summary EB. In step with you on your bullets. I average out about $.007 so my exit strategy probably different than yours. That can be said for most of us.
All shenanigans aside, HNSS obviously not a $.20 - $.25 company (at this stage). Bidding would not have started at $.01. That's with multiple revenue streams, patents real, open Euro market, Fortune 500 connections, debtless, profits, etc. But we're NOT $.01 - $.03 either.
With just half the aforementioned real it's just impossible HNSS worth $.01. Huge, expanding, worldwide industry. Product line required by physicians / nurses / techs in every hospital and every dental office and every lab and every doctor's office on Earth. The $.01 buyout offer is someone / some entity seriously pulling our chain. And as I've said before I believe it's attributed in part to Mr B at some level wanting to grab a little bigger piece of the pie than pure share price. Could obviously be wrong. Maybe / maybe not.
We've witnessed strange turns-of-events lately:
(1) Dilution
(2) Inconsistent Q1 financial information
(3) Buyout offer Board Recommended / Not-recommended
Naysayers will exploit by chanting the proverbial "scam" mantra. i say no way for two reasons:
(1) December $2M deal sending Mr Grofe packing for cash / other considerations
(2) Previous HNSS made-public filing with SEC
If the company wasn't legit the two aforementioned constitute serious violations of federal law with multiple agencies -- IRS, SEC. Nobody in America wants to go there. If they're sane. There's enough meat on them bones with multiple agency jurisdiction that the feds could see media face time and take a peek. Company legit.
I'm thinking HNSS somewhere in the $.05 - $.10 range TODAY. That's with zero exposure to documentation regarding business relationships, associations, audited financials, business plan, patents status, etc etc Bottomline -- that's thumb-in-the-wind, extensive DD per available Internet sources and message board leads best-I-can-do-projection under current circumstances...
And you're right -- for once we've got reasonably stable share price with some bigger investors throwing a little cash around. $.01 is a joke and everybody knows it but things could be a lot worse. Let's hope Mr B provides some solid leadership in the coming weeks and months that makes longs and his own investment into winners...